In this article, we highlight the best affordable tech stocks to buy according to analysts.
Stock affordability can be assessed in multiple ways. The most common approach is considering stocks with a market price below a certain threshold. Another method is evaluating stocks based on relative valuation metrics, such as a low price-to-earnings (P/E) ratio or other similar multiples. While we have earlier written about undervalued stocks based on P/Es (Read: Most Undervalued Tech Stocks to Invest), the focus for this article is a blend of both the approaches. Apart from low valuation, investors are often drawn to lower-priced stocks, particularly those under $50, because even small price movements can lead to significant percentage gains. Additionally, many investors prefer owning a larger number of shares in lower-priced stocks rather than a few shares in higher-priced ones.
However, a stock’s affordability alone does not determine its quality or long-term potential. Key factors such as financial stability, business execution, and overall market conditions play a crucial role in a stock’s performance.
Affordable tech stocks are often found in the small- and mid-cap space, particularly within the $10-$50 range, which is the focus of this article. Recently, interest in small- and mid-cap stocks has increased following the volatility in the Magnificent 7 (Mag 7) mega-cap tech stocks. Chris Retzler, portfolio manager of the Needham Small Cap Growth Fund, discussed the outlook for small-cap stocks on CNBC’s Squawk Box on January 17. He noted that while small-cap stocks have underperformed broader market indexes, recent momentum in the Russell 2000 suggests a potential shift. Chris emphasized that small-cap companies are seeking greater economic stability, which, once established, could drive broader market participation and growth. He also highlighted ongoing innovation in industries such as electric vehicles, semiconductors, and data infrastructure, which could benefit smaller firms.
Similarly, in mid-February, Gene Munster, managing partner at Deepwater Asset Management, discussed a potential shift from mega-cap tech stocks toward smaller technology companies. While he remains optimistic about the long-term prospects of the Mag 7, he believes that smaller tech firms—particularly those with a market cap below $500 billion could start outperforming as investors look for new growth opportunities.
Identifying the best affordable tech stocks is particularly challenging, given the sector’s dynamic nature and recent volatility. To gain further insights, we look at another discussion on CNBC from March 24, where Gene Munster again shared his outlook on the tech sector. He pointed to April 2 as a key event, as new tariffs are set to take effect. While acknowledging short-term volatility, Munster remains bullish on tech stocks for the next two years, viewing the market as still in the early stages of an AI-driven growth cycle, unless disrupted by a potential recession.
Despite short-term fluctuations and external factors like tariffs, the long-term outlook for tech remains strong, especially for companies positioned to capitalize on AI-driven growth and broader industry trends. That said, given the recent volatility in large tech stocks, opportunities in small- and mid-cap tech companies have come to the fore, particularly for those with strong financials and innovative offerings. As investors look beyond the Magnificent 7 and large cap tech companies, affordable tech stocks in sectors like AI, semiconductors, and data infrastructure could benefit from increased market attention.
With those insights in mind, let’s explore the Best Affordable Tech Stocks to Buy According to Analysts.
A closeup of investor hands holding a symbolic small-cap investment security.
Our Methodology
To identify the best affordable tech stocks to buy according to analysts, we screened for U.S.-listed companies with a share price between $10 and $50 and a market capitalization above $1 billion. These criteria helped us avoid volatile small-cap stocks. Next, we narrowed the selection to stocks trading at or below a forward price-to-earnings (P/E) ratio of 20 while also having an upside potential of at least 20%. From this refined list, we further filtered companies that are widely held by hedge funds, using data from Insider Monkey’s Q4 2024 hedge fund holdings database. Finally, we ranked the top 12 stocks based on their upside potential, placing those with the highest projected gains at the top.
Note: All pricing data is as of market close on March 21.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
12 Best Affordable Tech Stocks to Buy According to Analysts
12. Nextracker Inc. (NASDAQ:NXT)
Current Share Price: $46.3; Forward P/E: 11.6
Upside Potential: 21%
Number of Hedge Fund Holders: 41
Nextracker Inc. (NASDAQ:NXT) is a provider of solar tracker systems that optimize energy production for utility-scale solar farms. Its intelligent tracking solutions allow solar panels to follow the sun’s movement, maximizing energy output and improving project yield.
With economic uncertainty prompting organizations to be more cost-conscious, demand for Nextracker Inc. (NASDAQ:NXT)’s advanced tracking technology is expected to rise. By improving solar panel efficiency, the company’s solutions help solar farms optimize costs, making them increasingly attractive amid growing solar energy investments. This positions the company for steady, long-term growth.
Supporting this positive outlook, Jefferies upgraded the stock at the end of January, raising its rating to Buy from Hold and increasing the price target to $56 from $46. The analyst, previously concerned about a slowing U.S. market and margin pressures from international expansion, is now more confident as Nextracker Inc. (NASDAQ:NXT) has maintained strong margins and achieved record bookings. Following the latest earnings report, Jefferies boosted EBITDA estimates and called the company a compelling investment in the expanding solar energy sector.
Further strengthening the bullish case, RBC Capital’s Christopher Dendrinos had initiated coverage on the stock recently with an Outperform rating and a $55 price target. He highlighted operational improvements, cost efficiencies, and product innovation, particularly TrueCapture software, which enhances system performance. With a strong balance sheet and free cash flow potential, the analyst believes Nextracker deserves a valuation premium over peers.
11. Super Micro Computer Inc. (NASDAQ:SMCI)
Current Share Price: $41.4; Forward P/E: 16.2
Upside Potential: 21%
Number of Hedge Fund Holders: 45
Super Micro Computer Inc. (NASDAQ:SMCI) designs high-performance and energy-efficient server and storage systems tailored for different industries. Its key markets include cloud service providers, enterprises, large data centers, OEM appliance manufacturers, and emerging technologies like 5G, telecommunications, edge computing, and the Internet of Things (IoT).
Super Micro Computer Inc. (NASDAQ:SMCI) faced stock volatility in 2024 and 2025 due to delisting concerns. However, after submitting its 10-K and other financial reports, NASDAQ confirmed its compliance, putting the issue largely behind the company.
Despite lingering concerns over internal controls, JP Morgan analyst Samik Chatterjee recently upgraded the stock to Neutral from Underweight and raised the price target to $45 from $35. The company has moved past SEC filing uncertainties and is set to benefit from strong demand for Blackwell-based servers. While revenue forecasts for the next year have been raised due to better supply from Nvidia Corp. (NASDAQ:NVDA), the analyst remains cautious about margin pressures in an increasingly competitive market.
Earlier, around March 10, Rosenblatt’s Kevin Cassidy had also resumed coverage with a Buy rating and a $60 price target, highlighting SMCI’s dominance in AI-driven servers. With AI-related sales making up 70% of revenue, the company’s advanced liquid cooling solutions enhance rack compute power while addressing key challenges in power-constrained data centers.
10. Vontier Corp. (NYSE:VNT)
Current Share Price: $34.3; Forward P/E: 10.8
Upside Potential: 31%
Number of Hedge Fund Holders: 35
Vontier Corp. (NYSE:VNT) is a global industrial technology company specializing in mobility solutions, fueling equipment, fleet management, and vehicle diagnostics and repair. Its mobility technologies business provides digitally enabled equipment and operating software solutions to drive automation, productivity and compliance across the mobility ecosystem.
Following the Q4 results, Bank of America Securities analyst Andrew Obin reaffirmed a Buy rating on Vontier Corp. (NYSE:VNT) on February 14, with a $45 price target. His optimistic outlook is based on strong Q4 2024 performance and 2025 guidance. The analyst noted that the company’s orders have grown significantly year-over-year, driven by a multi-year replacement cycle for underground tank equipment, bolstering its revenue outlook.
According to him, despite comparable margins and earnings growth, the company trades at a lower valuation than peers which makes it an attractive investment. Additionally, the company’s core orders are rising, previous challenges are easing, and demand for payment solutions and fuel equipment remains strong. While recurring revenue helps offset any segmental declines, further upside potential is supported by cost-saving initiatives in 2024 and potential share repurchases.
9. Lyft Inc. (NASDAQ:LYFT)
Current Share Price: $12.3; Forward P/E: 11.1
Upside Potential: 32%
Number of Hedge Fund Holders: 55
Lyft Inc. (NASDAQ:LYFT) is a leading ride-sharing and mobility-as-a-service company that connects passengers with drivers through its digital platform. The company operates in major cities across the U.S. and Canada, offering ride-hailing, bike and scooter rentals, and fleet management solutions. Lyft continues to expand its transportation network, leveraging AI-driven pricing and route optimization while exploring partnerships in autonomous driving and electric vehicle integration.
Autonomous vehicles (AVs) remain a major focus for Lyft, with reports suggesting a potential launch as early as summer 2025. Bloomberg’s March 20 report quoted Jeremy Bird, Lyft’s EVP of driver experience, stating the company is on track to roll out driverless services within the year. This move comes as competition has intensified recently, with Waymo expanding its AV operations in cities such as San Francisco and Los Angeles, and partnering exclusively with Uber in Austin.
That said, RBC Capital analyst Brad Erickson reinforced his confidence in Lyft’s investment case following a recent management meeting. In his March 17 report, he maintained an Outperform rating and a price target of $21, citing Lyft’s growth strategy, competitive positioning, and operational efficiencies. The analyst believes Lyft is not properly valued by the market, as investors overlook its ability to compete directly with Uber Technologies Inc. (NYSE:UBER). He also sees ride-hailing as a strong, growing market, where autonomous driving startups receive undue credit despite their limited financial impact on the broader AV ecosystem.
Lyft Inc. (NASDAQ:LYFT) was also one of the top picks of our selection of Best Nasdaq Stocks Under $20. Please explore this article as well.
8. Sensata Technologies Holding plc (NYSE:ST)
Current Share Price: $28.0; Forward P/E: 8.5
Upside Potential: 32%
Number of Hedge Fund Holders: 40
Sensata Technologies Holding plc (NYSE:ST) is a global supplier of sensors, electrical protection devices, and power management solutions. The company serves the automotive, industrial, aerospace, and heavy vehicle markets.
The company is experiencing strong growth driven by rising demand for safer, cleaner, and more efficient products, fueled by both global regulations and changing consumer preferences. These market shifts create significant expansion opportunities, and the company is well-positioned to capitalize on them by leveraging its core strengths and global presence. In 2024, this growing emphasis on safety, sustainability, and efficiency represented a total addressable market of $15.6 billion.
Acknowledging the growth prospects, TD Cowen analyst Joseph Giordano recently reiterated a Buy rating on Sensata Technologies Holding plc (NYSE:ST) with a price target of $45, highlighting management’s strategic improvements under new CEO Stephan von Schuckmann. The analyst emphasized Sensata’s disciplined restructuring, including exiting non-core and unprofitable segments, which has strengthened its cost structure and positioned it well in the challenging automotive sector. He remains optimistic about Sensata’s global growth potential.
Joseph further emphasized that the Gigavac acquisition enhances its EV offerings in Europe and aligns with the shift to next-generation vehicles. In China, the CEO’s expertise is expected to drive deeper market penetration, despite hurdles for multinationals. In the U.S., Sensata benefits from the rising adoption of hybrid vehicles. Additionally, the analyst’s view is also bolstered by strong cash flows and an undemanding valuation at P/E of 10.
7. Flex Ltd. (NASDAQ:FLEX)
Current Share Price: $37.2; Forward P/E: 14.1
Upside Potential: 35%
Number of Hedge Fund Holders: 52
Flex Ltd. (NASDAQ:FLEX) is a global contract manufacturer that delivers design, engineering, and supply chain solutions across multiple industries, including automotive, cloud infrastructure, healthcare, consumer electronics, and industrial equipment. The company supports end-to-end product development, from prototyping to mass production, enabling brands to innovate and bring products to market efficiently.
Flex Ltd. (NASDAQ:FLEX) is expanding in high-growth sectors such as electric vehicles, cloud infrastructure, and healthcare devices. The company also benefits from the increasing demand for outsourcing advanced manufacturing, design, and engineering services, which supports its long-term growth prospects.
A Stifel analyst recently highlighted these growth drivers by resuming coverage of Flex Ltd. (NASDAQ:FLEX) with a Buy rating and a $52 price target. The analyst emphasized the company’s strong position as a leading electronic manufacturing services provider and expects it to benefit from expanding into areas like power and cooling. Additionally, the company’s growing focus on U.S. hyperscaler opportunities is expected to drive revenue growth and margin expansion.
6. DoubleVerify Holdings Inc. (NYSE:DV)
Current Share Price: $14.2; Forward P/E: 14.9
Upside Potential: 41%
Number of Hedge Fund Holders: 38
DoubleVerify Holdings Inc. (NYSE:DV) is a digital media measurement and analytics company that helps advertisers ensure the effectiveness, quality and return on their digital advertising investments. The company provides fraud detection, brand safety, viewability measurement, and performance optimization solutions across digital platforms.
DoubleVerify Holdings Inc. (NYSE:DV) missed Q4 2024 revenue expectations as a decline in spending from existing customers persisted throughout the quarter. The decline began in October because higher focus on political ad spending limited brand ad budgets. The situation worsened when a major client drastically cut spending, citing rising commodity costs. As part of a broader cost-cutting strategy, this client fully suspended business with DV in early February 2025. In FY 2024, this client contributed over $20 million in revenue, with nearly half tied to social measurement and about a third from ABS. As a result, DV excluded the client from its 2025 guidance.
The stock fell 36% on February 28 following the earnings report and the update on the client. However, on March 6, BMO Capital’s Brian Pitz reaffirmed a Buy rating with a $24 price target, viewing the spending halt as an isolated event. The client still holds an active contract, indicating possible future business. The analyst also believes that DV’s Meta pre-bid solutions initiative is showing promise, and new clients like Kenvue, Google, and Microsoft could drive future growth. The company sees no major macroeconomic headwinds and expects to return to high-teens growth, supported by expansion in connected TV and digital advertising.
5. Concentrix Corp. (NASDAQ:CNXC)
Current Share Price: $45.2; Forward P/E: 4.0
Upside Potential: 44%
Number of Hedge Fund Holders: 29
Concentrix Corp. (NASDAQ:CNXC) is primarily a business process outsourcing company specializing in customer experience (CX) solutions. It offers end-to-end capabilities such as CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services.
For FY 2024, the company reported operating income of $1.32 billion, with a margin of 13.7%. Revenue for the year grew 35% on a reported basis, but adjusting for the WebHelp acquisition, revenue was up a modest 2.7%. For FY 2025, revenue is expected to be between $9.47 billion to $9.61 billion, reflecting a growth of 0% to 1.5% YoY. Looking ahead, the company expects to focus on expanding its global footprint, continuously modernizing technology and transforming client operations to drive business growth.
On March 24, Barrington analyst Vincent Colicchio reaffirmed his Outperform rating on Concentrix Corp. (NASDAQ:CNXC) but lowered the price target from $70 to $54 after factoring in the company’s Q4 results. The adjustment by the analyst reflects a reduced valuation multiple and a downward revision in fiscal 2025 revenue, adjusted EBITDA, and non-GAAP earnings estimates, indicating slower growth. However, the analyst remains optimistic about Concentrix’s long-term prospects, citing its strong pipeline, expansion into artificial intelligence solutions, new client acquisitions in Europe, and a shift away from low-value transactions as key drivers of future growth.
4. TTM Technologies Inc. (NASDAQ:TTMI)
Current Share Price: $23.2; Forward P/E: 11.4
Upside Potential: 47%
Number of Hedge Fund Holders: 33
TTM Technologies Inc. (NASDAQ:TTMI) is a global manufacturer of printed circuit boards (PCBs) and radio-frequency components. The company serves various industries, including aerospace, defense, automotive, and data center infrastructure.
The company holds a consensus Buy rating with 1-year median price target of $34, indicating 45% upside potential. Stifel analyst Ruben Roy recently initiated coverage of TTM Technologies Inc. (NASDAQ:TTMI) with a Buy rating and a $33 price target, adding to the list of firms positive on the stock’s outlook. He highlighted the company’s successful efforts to diversify its revenue, particularly through strategic acquisitions that have expanded its Aerospace and Defense segment into engineered and integrated electronics. This shift reduces dependence on traditional products and strengthens the company’s position in high-growth markets.
The analyst also emphasized that the company is also benefiting from strong demand in the Data Center Computing sector, driven by the increasing need for advanced AI-related technologies. Additionally, the upcoming launch of a new manufacturing facility in Malaysia is expected to be a long-term growth driver as production moves from China to Penang. While demand in segments like Medical, Industrial, Instrumentation, and Automotive remains weak, the analyst’s bullish stance is supported by the company’s overall growth strategy and strong presence in key markets.
3. Flywire Corp. (NASDAQ:FLYW)
Current Share Price: $10.2; Forward P/E: 15.1
Upside Potential: 48%
Number of Hedge Fund Holders: 34
Flywire Corp. (NASDAQ:FLYW) is a global payments and software company that offers cross-border and domestic transaction solutions for businesses and institutions. It specializes in key sectors such as education, healthcare, travel, and B2B payments, helping clients streamline payment processes, lower costs, and enhance cash flow.
On February 25, 2025, Flywire Corp. (NASDAQ:FLYW) acquired Sertifi LLC, a software and payments platform serving the hospitality industry, for $330 million. This acquisition is expected to strengthen Flywire’s travel segment by integrating its services with Sertifi’s hotel property management system across more than 20,000 hospitality locations worldwide. Sertifi is projected to grow at a faster rate than Flywire’s overall business and contribute approximately $35-40 million in revenue for FY 2025, with gross margins in line with Flywire’s existing operations.
Flywire CEO Mike Massaro emphasized the significance of the acquisition, stating:
“By expanding into a large new subsegment of the hospitality industry with strong ecosystem alignment and gaining a software solution in the early stages of its payments monetization journey, we are unlocking new growth and innovation opportunities for Flywire.”
On March 24, a Citi analyst lowered the price target for Flywire Corp. (NASDAQ:FLYW) from $26 to $13 while maintaining a Buy rating. The analyst noted that the company faces challenges due to uncertain visibility and headwinds affecting international student payments. However, Citi believes the stock’s current valuation overly discounts Flywire’s long-term potential. The firm also suggested that the recent selloff in the stock increases the chances of inbound takeover interest.
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.
1. Verint Systems Inc. (NASDAQ:VRNT)
Current Share Price: $22.0; Forward P/E: 6.9
Upside Potential: 64%
Number of Hedge Fund Holders: 24
Verint Systems Inc. (NASDAQ:VRNT) is our top pick among the best affordable tech stocks. The company specializes in customer experience (CX) automation, offering AI-driven solutions that help businesses improve customer interactions across different platforms. Its open platform combines technologies like conversational AI, knowledge management, and engagement tools to drive better business results.
Verint Systems Inc. (NASDAQ:VRNT) is focused on the long-term potential of CX automation, recognizing that most current CX workflows are still manual, despite brands collectively spending nearly $2 trillion annually on CX workforce. While the industry remains highly fragmented, Verint differentiates itself through its hybrid cloud platform and deep domain expertise. According to Forrester Research, 70% of organizations are still in the early stages of CX maturity, meaning even incremental improvements can yield significant returns on investment (ROI). This growing demand aligns well with Verint’s offerings, reinforcing its strong growth prospects.
On that front, Needham analyst Joshua Reilly recently highlighted key developments that are expected to drive demand and long-term expansion for Verint Systems. He noted the company’s strategic shift toward financial metrics such as subscription ARR and cash contribution margin, which aim to align revenue recognition with cash flow and improve financial transparency. The analyst also pointed to Verint’s strong free cash flow outlook, with projections of $165 million for FY 2025 and $185 million for FY 2026.
Additionally, the company continues to prioritize product innovation to strengthen its competitive position. Its AI-powered platform, hybrid contact center support, and the Verint Data Hub underscore its commitment to differentiation and customer value. Considering these factors, Joshua reaffirmed a bullish stance on Verint, maintaining a Buy rating with a price target of $40.
While we acknowledge the potential of VRNT to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VRNT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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