In this article, we explore the 10 Best Beaten Down Technology Stocks to Buy According to Analysts.
Technology stocks have been the bright spot in an equity market that continues to edge higher while shrugging off a series of headwinds. From an aggressive trade war to tariffs and uncertainty over monetary policies, the headwinds have continued to mount. Nevertheless, investors have shrugged off the concerns depicted by the tech-heavy NASDAQ 100, which has rallied 17% year to date.
The US Federal Reserve’s decision to cut interest rates and potentially two more cuts before year-end is a new catalyst, likely to push technology stocks even higher. Investors also remain bullish about tech stocks amid optimism about the artificial intelligence boom.
Amid the blockbuster gains, fear is starting to grip, with equities at all-time highs. While exposure to tech high flyers is at an all-time high, some investors have begun to hedge, wary of a potential pullback.
“The market is at highs, volatility is at lows, I think there are a lot of easy arguments to make as to why you should hedge,” said Greg Boutle, head of US equity and derivative strategy at BNP Paribas SA. “September does tend to be a bit seasonally weaker,” he added.
The hedges are designed to protect long equity portfolios in the event of a significant pullback, according to Christopher Jacobson, co-head of derivatives strategy at Susquehanna International Group. While any pullback is likely to affect stocks trading at premium valuations, there is also renewed focus on tech stocks trading at highly discounted levels following dip pullbacks.
“Just because the Mag Seven won past tech cycles like mobile, the internet and e-commerce, that doesn’t mean they’ll win here,” said Chris Smith, portfolio manager at Artisan Partners’ Antero Peak Group. “The next winners will be the ones that address large and unconstrained markets through AI, becoming bigger companies in the future than the Mag Seven are today.”
With that in mind, let’s look at the best beaten-down technology stocks to buy according to analysts.
Our Methodology
To identify the best beaten-down technology stocks to buy according to analysts, we used Finviz screener to scan for technology stocks. We focused on tech stocks that are down by more than 30% year to date. We also trimmed our list to focus on stocks with an upside potential of more than 30% as of September 30. Finally, we ranked the stocks in ascending order based on their upside potential. We’ve also factored in hedge fund sentiment for each stock based on data from Q2 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is straightforward: our research has demonstrated that we can outperform the market by replicating 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).
Best Beaten Down Technology Stocks to Buy According to Analysts
10. SPS Commerce, Inc. (NASDAQ:SPSC)
Year to Date Performance: -43.03%
Stock Upside Potential: 35.17%
Number of Hedge Fund Holders: 34
SPS Commerce Inc. (NASDAQ:SPSC) is one of the best beaten-down technology stocks to buy, according to analysts. On September 25, analysts at DA Davidson reiterated a ‘Neutral’ rating on the stock and a $125 price target.
The stance follows the 2025 Investor Day event, during which the company provided valuable insights into its product roadmap and generative AI strategy. The research firm also echoed the management team’s push to reiterate a high single-digit organic growth outlook for the year. In addition, SPS Commerce remains focused on long-term growth plans as it moves to capture a larger share of the expanding total addressable market.
SPS Commerce has established a reputation for providing retail supply chain cloud services. It has achieved 98 consecutive quarters of revenue growth while serving over 50,000 recurring revenue customers across the retail grocery distribution, supply, and logistics sector.
SPS Commerce, Inc. (NASDAQ:SPSC) is a technology company that provides supply chain solutions. Its solutions connect retailers and suppliers through a cloud-based platform to automate and simplify the exchange of business documents and product data.
9. Vertex Inc. (NASDAQ:VERX)
Year to Date Performance: -53.40%
Stock Upside Potential: 41.23%
Number of Hedge Fund Holders: 25
Vertex Inc. (NASDAQ:VERX) is one of the best beaten-down technology stocks to buy, according to analysts. On September 11, at the Goldman Sachs Communacopia+ Technology Conference, the company reiterated its investments in e-invoicing and artificial intelligence as key drivers of long-term growth.
The remarks come as the company faces pressure to lower its revenue growth guidance by $12 million, amid slowing customer growth. Amidst the struggles, Vertex is focusing on achieving 100% country coverage for e-invoicing, which is expected to unlock $100 million in revenue.
In addition, the company is increasingly investing in artificial intelligence, which it expects to enhance margins and strengthen its competitive edge. It has already launched SmartCat, an AI-powered product categorization tool that leverages AI to improve internal efficiencies. The company also acquired Kitsugi, an AI startup that focuses on addressing market disruptions in small to medium-sized companies.
Vertex Inc. (NASDAQ:VERX) is a technology company that provides enterprise tax technology solutions for the retail, wholesale, and manufacturing industries. It offers tax determination, compliance, and reporting, including workflow management tools, as well as solutions for tax data management and document management.
8. Fiserv, Inc. (NYSE:FI)
Year to Date Performance: -37.41%
Stock Upside Potential: 45.16%
Number of Hedge Fund Holders: 94
Fiserv Inc. (NYSE:FI) is one of the best beaten-down technology stocks to buy, according to analysts. On September 25, the company confirmed the acquisition of Smith Consulting Group (SCG). The acquisition is poised to strengthen the company’s operations in offering core banking and advisory services. It will also enhance the company’s ability to deliver end-to-end transformation for community banks and credit unions.
The two companies have been long-standing partners in supporting community banks and credit unions. By merging, they are poised to bring more expertise in-house and expand their ability to advise earlier, delivering smarter solutions. Likewise, the merger underscores the companies’ commitment to helping financial institutions achieve growth with speed, clarity, and confidence.
“Large-scale transformation requires strategic planning and execution across the full suite of applications used to deliver services and experiences to a bank’s customers,” said Darren Smith, Founder and CEO of Smith Consulting Group. “We look forward to pairing our technical acumen and industry expertise with Fiserv’s leading technology platforms to ensure our clients’ success throughout these highly complex projects.”
Fiserv Inc. (NYSE:FI) is a global financial technology and payments company that provides a wide range of services for banks, credit unions, merchants, and consumers. Its offerings include payment processing, digital banking solutions, account processing, e-commerce tools, and the Clover® POS system.
7. Globant S.A. (NYSE:GLOB)
Year to Date Performance: -73.10%
Stock Upside potential: 49.37%
Number of Hedge Fund Holders: 26
Globant S.A. (NYSE:GLOB) is one of the best beaten-down technology stocks to buy, according to analysts. On September 25, the company announced a strategic partnership with Synthesis AI. The two are collaborating to develop next-generation digital twin applications powered by artificial intelligence.
The ultimate goal is to develop solutions that enable smarter, more scalable AI-driven systems that integrate Synthesis AI’s cutting-edge synthetic datasets. Globant is to harness Synthesis AI data assets to expand its advanced AI training and unlock new revenue opportunities.
“Through this partnership, we are amplifying the power of our Digital Twins Studio by adding Synthesis AI’s robust synthetic data capabilities. This will allow us to accelerate development and deployment of AI systems powered by computer vision models across a wide range of industries,” said Diego Tartar, Chief Technology Officer at Globant. “As synthetic data becomes a cornerstone of modern AI, our collaboration positions us to lead in building scalable, ethical, and high-performing AI systems.”
Globant S.A. (NYSE:GLOB) is a technology company that provides digital and cognitive transformation services for businesses, creating “digitally-native” products and helping organizations evolve their technology and business strategies. It offers services like consulting, software development, and implementing AI-driven solutions to help clients bridge the gap between business and technology.
6. Atlassian Corp (NASDAQ:TEAM)
Year to Date Performance: -34.11%
Stock Upside Potential: 50.17%
Number of Hedge Fund Holders: 64
Atlassian Corp (NASDAQ:TEAM) is one of the best beaten-down technology stocks to buy, according to analysts. On September 24, analysts at Bernstein SocGen Group reiterated an ‘Outperform’ rating on the stock and a $296 price target.
While the bullish stance comes on the stock pulling back by about 34% year to date, Bernstein SoGen remains bullish about the company’s prospects, owing to its impressive gross profit margins of 83%. According to the research firm, the $610 million acquisition of The Browser Company and the $1 billion investment in DX underscore the company’s focus on growth.
The research firm expects the acquisition to strengthen Atlassian’s cloud platform and enhance its innovation plans. Mike Cannon-Brookes, Atlassian’s CEO and co-founder, has already reiterated that the Browse Co acquisition will enable the company to reimagine the standard browser, making it more useful for work rather than just browsing.
“Together, we’ll create an AI-powered browser optimized for the many SaaS applications living in tabs – one that knowledge workers will love to use every day,” Cannon-Brookes said.
Atlassian Corp (NASDAQ:TEAM) designs, develops, and sells software for team collaboration, project management, and software development to help teams organize, discuss, and complete work. Its products include project management platforms like Jira and Trello, a knowledge-sharing tool called Confluence, and code management software like Bitbucket.
5. Semrush Holdings Inc. (NYSE:SEMR)
Year to Date Performance: -39.64%
Stock Upside Potential: 53.16%
Number of Hedge Fund Holders: 25
Semrush Holdings Inc. (NYSE:SEMR) is one of the best beaten-down technology stocks to buy, according to analysts. On September 30, the company announced the appointments of Abby Miller as Chief Customer Officer and Tara Haas as Chief of Staff.
Miller, formerly with LifeSpeak and LastPass, brings deep expertise in building customer-centric teams and will focus on enhancing the end-to-end customer experience. Her goal is to create a trusted support system that helps users maximize the Semrush platform’s capabilities.
Haas, with prior leadership roles at LogMeIn and Dashlane, will drive operational excellence and strategic alignment as Semrush scales globally. CEO Bill Wagner called these hires a strategic investment in the company’s future.
Headquartered in Boston, Semrush Holdings Inc. (NYSE:SEMR) offers digital visibility tools for SEO, advertising, content, and competitive research, with offices across the U.S. and Europe.
4. Intapp, Inc. (NASDAQ:INTA)
Year to Date Performance: -36.72%
Stock Upside Potential: 53.74%
Number of Hedge Fund Holders: 28
Intapp, Inc. (NASDAQ:INTA) is one of the best beaten-down technology stocks to buy, according to analysts. On September 23, the company entered into a strategic partnership with Lexsoft to enhance its sales and implementation presence across Europe and Latin America.
The strategic partnership paves the way for Intapp to capitalize on the growing demand for its AI-powered solutions among professionals in Spanish-speaking markets. Under the terms of the agreement, Lexsoft is to increase the delivery of the solutions.
“We are thrilled to be working with Intapp, a company that delivers innovative technology solutions to the leading law firms around the world,” comments Carlos García-Egocheaga, CEO of Lexsoft Systems. “We are always looking to expand the technology choices we offer to customers, so that they have access to the best and most current solutions to help meet their evolving business needs.”
Intapp, Inc. (NASDAQ:INTA) provides AI-powered, industry-specific software solutions for professional and financial services firms, helping them modernize operations, manage risk, win new business, and enhance client relationships.
3. Progress Software Corporation (NASDAQ:PRGS)
Year to Date Performance: -32.11%
Stock Upside Potential: 60.04%
Number of Hedge Fund Holders: 24
Progress Software Corporation (NASDAQ:PRGS) is one of the best beaten-down technology stocks to buy, according to analysts. On September 23, the company unveiled Progress Flowmon ADS 12.5, an advanced AI-powered detection system.
The new system is designed to accelerate threat detection and streamline incident response while also providing deeper visibility into network activity. Flowmon ADS 12.5 is equipped to address network traffic and alert fatigue issues as well as sophisticated attacks.
It also introduces curated threat intelligence briefings that provide timely insights into emerging vulnerabilities and attack campaigns. Flowmon ADS also introduces step-by-step responses for simplifying incident handling.
“Flowmon ADS 12.5 delivers actionable intelligence and automation that empower teams of any size to stay ahead of threats and compliance demands. It’s about building resilient, future-ready security postures in an ever-changing threat landscape,” said Sundar Subramanian, EVP and General Manager, Infrastructure Management, Progress Software.
Progress Software Corporation (NASDAQ:PRGS) provides software and services that help businesses develop, deploy, and manage applications and digital experiences, specializing in areas like application development, enterprise integration, data management, infrastructure management, and AI-powered solutions.
2. DoubleVerify Holdings Inc. (NYSE:DV)
Year to Date Performance: -37.80%
Stock Upside Potential: 69.53%
Number of Hedge Fund Holders: 43
DoubleVerify Holdings Inc. (NYSE:DV) is one of the best beaten-down technology stocks to buy, according to analysts. On September 25, analysts at Citizens JMP reiterated a ‘Market Perform’ rating on the stock and a $20 price target. The positive stance is supported by solid gross profit margins of 82.1%.
The research firm has echoed the company’s long-term prospects, supported by multiple growth drivers, including Meta Activation, DV Authentic AdVantage, and Performance AdVantage. The research firm expects the tailwinds to trigger high teens’ growth. The remarks come as the company already covers 20% of open web impressions.
While a 6% market share in social media underscores significant growth, DoubleVerify is poised for substantial growth as new products scale. Citizens JMP remains confident about the company’s prospects, owing to strong execution across core offerings, such as ABS, which is awaiting a large advertiser.
DoubleVerify Holdings Inc. (NYSE:DV) provides a software platform that verifies and analyzes digital advertising, ensuring media quality and driving performance for brands, agencies, and publishers. It offers solutions for media quality, such as brand safety, fraud prevention, viewability, and geography verification, along with attention and performance optimization tools.
1. Clearwater Analytics Holdings, Inc. (NYSE:CWAN)
Year to Date Performance: -33.77%
Stock Upside Potential: 72.75%
Number of Hedge Fund Holders: 51
Clearwater Analytics Holdings Inc. (NYSE:CWAN) is one of the best beaten-down technology stocks to buy, according to analysts. On September 17, the company confirmed its push for opportunities in the $2.5 trillion private credit market. Consequently, it has unveiled enhancements to its Alternative Assets Solutions.
The enhancements are designed to address challenges in the private credit market by automating loan structures and accelerating fund research with AI. Additionally, the upgrades will synchronize data across stakeholders and consolidate mortgages to help investors scale private credit operations.
The Private Credit Management enhancement will integrate accounting workflows to eliminate manual processes. Fund Research, on the other hand, leverages artificial intelligence to reduce document review cycles as Asset Sync provides real-time data accuracy.
“Private credit is no longer a niche allocation — it’s central to institutional portfolios. But the operating model hasn’t kept pace,” said Kirat Singh, President of Risk and Alternative Assets at CWAN.
Clearwater Analytics Holdings Inc. (NYSE:CWAN) is a technology company that provides a cloud-based Software-as-a-Service (SaaS) platform for institutional investors to manage their entire investment lifecycle, including data aggregation, accounting, compliance, performance, risk analytics, and trading.
While we acknowledge the potential of CWAN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CWAN and that has 100x upside potential, check out our report about this cheapest AI stock.
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