5 Best Artificial Intelligence Stocks Under $10

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1. Yext, Inc. (NYSE:YEXT)

Number of Hedge Fund Holders: 17

Stock Price: $5.41

Yext, Inc. (NYSE:YEXT) is a New York-based technology company that provides AI search solutions and incorporates them into customer support. The company is replacing live agents with AI-powered virtual agents to handle simple questions and requests.

On October 4, Lead Edge Capital revealed a 9.3% stake in Yext, Inc. (NYSE:YEXT). Following this development, the company appointed Lead Edge partner Evan Skorpen as an independent director in the company. The hedge fund is focused on making high-impact growth investing in technology companies. Analysts think Yext, Inc. (NYSE:YEXT) is one of the best artificial intelligence stocks to invest in, as it is currently trading at an EV/S multiple of only 1.5x. For a total price of $69.1 million, Yext, Inc. (NYSE:YEXT) has repurchased 12.4 million shares. In addition, the company has forecasted Q4 EPS of $0.02 to $0.03, indicating more stable profits. The new management is expected to grow the company in the 15-20% annual range.

Overall, 17 hedge funds held a stake in Yext, Inc. (NYSE:YEXT) as of Q3 2022.

Follow Yext Inc. (NYSE:YEXT)

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