10 Best Cloud Computing Stocks to Buy Under $10

4. Semrush Holdings Inc. (NYSE:SEMR)

Current Share Price: $9.57

Number of Hedge Fund Holders: 27

Semrush Holdings Inc. (NYSE:SEMR) offers a digital marketing software platform that helps businesses enhance their online presence (services commonly known as SEO (Search Engine Optimization)). The platform enables companies worldwide to identify and engage with the target audience through the right channels.

The company reported Q4 2024 results which showed robust growth, but its FY 2025 guidance came below consensus. Despite the cautious outlook, street sentiment remains positive, with the current 1-year median price target at $18, implying an 88% upside potential.

Supporting this view, Needham analyst Scott Berg reiterated a Buy rating in late February, citing strong momentum in enterprise SEO and solid execution, particularly in December. There was recently a management rejig, co-founder Oleg Shchegolev moved to the CTO role, and Bill Wagner stepped in as CEO.  The analyst highlighted this leadership transition as a constructive change. Semrush Holdings Inc.’s (NYSE:SEMR) continued expansion in high-value enterprise customers and new product launches are expected to strengthen its market position. Despite softer revenue guidance, the analyst viewed the market’s reaction as overdone and maintained a favourable stance.