These 8 Micro/Small Cap AI Stocks Beginning To Falter

Photo by Steve Johnson on Unsplash

Back on December 30th I concluded in an article (see here) that the "eight micro/small cap ($50M to $2B) AI & related stocks are still very much in bubble mode" having gone UP 18.6% in December, on average, but that is no longer the case. So far in January the 8 stocks are DOWN 4.6%, on average. They are ranked below in descending order of their performances in the last 52 weeks, as well as month-to-date (MTD) and last week along with their latest news, commentary and/or analysis where available:

Applied Optoelectronics (AAOI): UP 615.4% in past year; DOWN 18.2% MTD; DOWN 9.2% last week
- AAOI provides fiber-optic access network products for the cable broadband, internet data center, telecom, and fiber-to-the-home markets
Innodata (INOD): UP 159.3% in past year; UP 13.2% MTD; UP 6.4% last week
- INOD provides AI-enabled software platforms and managed services for AI data annotation, AI digital transformation, and industry-specific business processes.
Verses AI (VRSSF): UP 150.9% in past year; UP 24.3% MTD; UP 5.1% last week
- VRSSF offers a voice and text-based personal AI assistant designed to learn about its users in order to better organize, manage, and optimize their digital life.
Rekor Systems (REKR): UP 93.3% in past year; UP 4.5% MTD; DOWN 3.3% last week
- REKR leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.
- Rekor Systems Secures Over $3 Million in Public Safety and Licensing Contracts
Digimarc (DMRC): UP 69.7% in past year; No Change MTD; UP 24.7% last week
- DMRC software provides digital identifiers designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability.
Evolv Technologies (EVLV): UP 497.5% in past year; UP 48.9% MTD; DOWN 0.4% last week
- EVLV screens people for threats without sacrificing the visitor experience
Soundhound (SOUN): UP 30.3% in past year; DOWN 12.7% MTD; UP 1.6% last week
- SOUN offers voice AI solutions that let businesses offer conversational experiences to their customer in 25 different languages.
BigBear.ai (BBAI): DOWN 13.7% in past year; DOWN 17.3% MTD; DOWN 11.5% last week
- BBAI provides AI and machine learning to assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities.

The above 8 stocks are UP 107.0%, on average, in the past 52 weeks, but are DOWN 4.6% MTD and were DOWN 1.3% last week. Excluding Applied Optoelectronics, which is performing head and shoulders over other stocks in the sub-sector, the remaining 7 stocks are up 73.3%, on average, in the past 52 weeks, have had No Change in their average price MTD and UP 1.1% last week.

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