12 Best Affordable Tech Stocks to Buy According to Analysts

2. LiveRamp Holdings Inc. (NYSE:RAMP)

Current Share Price: $27.4; Forward P/E: 15.8

Upside Potential: 48%

Number of Hedge Fund Holders: 33

LiveRamp Holdings Inc. (NYSE:RAMP) provides a data collaboration platform that enables businesses to securely utilize data for marketing and customer insights. Its technology facilitates first-party data sharing between trusted partners while ensuring privacy compliance. The company serves clients worldwide.

LiveRamp Holdings Inc. (NYSE:RAMP) is experiencing strong growth, with a total addressable market (TAM) of $13 billion, over 60% of which is driven by its Data Room and Audience Addressability offerings. As the company plans to expand into new industries, TAM is projected to increase to $35 billion. LiveRamp aims to sustain profitable growth, targeting the ‘Rule of 40’ by FY 2028, with 10-15% revenue growth and a 25-30% non-GAAP operating margin. Rule of 40 is a key metric in software where revenue growth and profit margin should combine to reach at least 40, indicating efficiency of the business.

Recent financial results highlight this momentum. In Q3 2025 (fiscal year ending March), revenue rose 12% year-over-year to $195 million, exceeding guidance by $4 million. Subscription revenue grew 10% to $146 million, while improved margins drove EPS up 17% to $0.55. Encouraged by these results, LiveRamp raised its full-year revenue guidance, now expecting $741-$743 million for FY 2025.

Analysts recognize the company’s steady growth. On February 27, Evercore ISI analyst Kirk Materne reaffirmed a Buy rating, setting a $45 price target, implying a 62% upside potential.