In this article, we will discuss the 10 Best Performing Tech Stocks to Buy According to Analysts.
On June 24, Miles Lewis, Portfolio Manager at Royce Investment Partners, joined BNN Bloomberg to discuss the outlook on the markets. Lewis explained that his firm is steering away from large-caps, particularly semiconductors and hardware, in favor of small-cap stocks. He noted that his firm employs a disciplined investment process focused on high-quality, undervalued companies that are currently out of favor. He characterized many businesses in the tech space as mediocre, riding the wave of AI with peak margins priced in, despite the deeply cyclical nature of these companies. Lewis emphasized that he is not necessarily avoiding the sector, but that his investment process currently does not find significant opportunities there.
Regarding small-cap stocks, Lewis expresses a highly constructive outlook, suggesting the market is experiencing an inflection point where leadership is transitioning from large caps to small caps. He pointed out that the Russell 2000 has outperformed the NASDAQ, S&P 500, Dow, and Mag 7 over the past year, and he argued that this sustained outperformance indicates a shift in the market regime. He believes these cycles are durable, typically lasting eight to twelve years or more, and that the market is currently in the early stages of this transition. He described the current trend as a stealth rally with significant room for incremental buying, noting that the extreme concentration of value in large-cap stocks could eventually serve as a source of funds for small-cap allocations.
Against this mixed backdrop, let’s take a closer look at the best-performing tech stocks that analysts believe may still have room to rise.
Our Methodology
We used screeners to identify stocks that have exhibited strong share price performance over the past 3 months (at least 70%) and have an upside potential of at least 25%. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Note: All data was sourced on June 26.
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. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10 Best Performing Tech Stocks to Buy According to Analysts
10. Bitdeer Technologies Group (NASDAQ:BTDR)
Average Upside Potential: 28.91%
Bitdeer Technologies Group (NASDAQ:BTDR) is one of the best performing tech stocks to buy according to analysts. On June 25, Sphere 3D entered into co-mining agreements with Bitdeer Technologies Group to host 30 megawatts of capacity across its data center sites in Tennessee and Kentucky. Under these one-year, renewable contracts, Bitdeer will deploy its SEALMINER A2 Pro Air hardware, with both parties sharing the net mining proceeds.
This arrangement allows Sphere 3D to monetize its power assets and secure contracted mining economics while maintaining strategic flexibility. The company continues to evaluate each of its locations for future digital infrastructure applications, including potential high-performance computing and AI-related opportunities, based on factors such as power availability and technical feasibility.
These agreements align with Sphere 3D’s goal of using its power footprint through partnerships with established industry players. By placing a significant portion of its capacity under contract, the company aims to enhance operating visibility and support a disciplined approach to asset management and capital allocation within the evolving digital infrastructure market.
Bitdeer Technologies Group (NASDAQ:BTDR) is a technology company specializing in blockchain and computing, offering hash rate sharing solutions, including Cloud hash rate and one-stop mining machine hosting solutions for efficient cryptocurrency mining.
9. SharonAI Holdings Inc. (NASDAQ:SHAZ)
Average Upside Potential: 33.49%
SharonAI Holdings Inc. (NASDAQ:SHAZ) is one of the best performing tech stocks to buy according to analysts. On June 15, SharonAI expanded its partnership with VAST Data by deploying 600PB of the VAST AI Operating System across its cloud infrastructure. This significant commitment establishes a data backbone capable of supporting approximately 100,000 GPUs, serving as the foundational layer for Sharon AI’s sovereign cloud services across Australia and the Asia-Pacific region.
This deployment is designed to meet the high-performance demands of government, enterprise, and research sectors while ensuring data sovereignty. By utilizing the VAST AI OS and its DASE architecture, Sharon AI can maintain sensitive intellectual property and strategic workloads onshore while providing the speed required for advanced AI training, inference, and agentic systems.
The partnership focuses on eliminating traditional data bottlenecks through a global namespace and multi-tenancy capabilities, allowing Sharon AI to offer secure, high-performance environments for its customers. Both companies plan to continue their engineering collaboration to optimize the platform as SharonAI Holdings Inc. (NASDAQ:SHAZ) scales its operations and supports increasingly complex AI factory ambitions.
SharonAI Holdings Inc. (NASDAQ:SHAZ) is a leading Australian Neocloud and HPC company specializing in AI infrastructure and cloud GPU environments. The firm provides cutting-edge GPU solutions for training and inference to accelerate the development of AI factories and sovereign AI solutions.
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