In 2025, small-cap stocks underperformed. The Russell 2000 Index tracks the performance of 2,000 U.S. small-cap stocks, delivering a total return of around 13% in 2025. This was significantly below the S&P 500 Index’s total return of around 18%, which tracks U.S. large-cap stocks.
Despite small caps lagging behind in general, three names stood out for their exceptional performance in 2025. Below, we’ll detail three small-cap stocks that put up a return of 300% or more. This analysis will focus on stocks that started 2025 in small-cap territory. However, due to their stellar gains, they have transitioned into mid-cap stocks.
