In this article, we will look at the 11 Best Tech Stocks to Buy On the Dip.
On June 17, Dan Ives, Wedbush Securities’ global head of technology research, and Todd Rosenbluth, VettaFi’s director of research, joined CNBC to discuss tech investing amid geopolitical tensions. The world has been going through some rapidly growing geo-political tensions. The uncertainty has resulted in volatility in the stock market, however, surprisingly this volatility is less than what the market witnessed during the tariff episodes.
Todd Rosenbluth noted that the market and investors in 2025 have started to become more used to operating in volatile markets as compared to a few months ago. However, on the ETF flows level, Todd mentioned they are witnessing a stronger inclination towards fixed income and short-term fixed income rather than more riskier approaches to investment. The Vanguard 500 ETF, which is a tech-heavy ETF, is on target to break the record of net inflows for the year. This suggests that people are using sell-offs as buying opportunities. Todd believes investors are relying on the technology sector and AI as a broader portfolio.
To add to this Dan Ives believes that the market is still under-evaluating the growth potential of the AI revolution. He acknowledged that the valuations look expensive at the moment, however, if the market factors in the discussion and development around autonomous tech, robotics, and next-generation solutions, the valuations are still undervalued.
With that let’s take a look at the 11 best tech stocks to buy on the dip.
Source: pixabay
Our Methodology
To curate the list of 11 best tech stocks to buy on the dip we used the Finviz stock screener. Using the stock screener we aggregated a list of technology stocks that have declined more than 25% on a year-to-date basis but analysts see more than 25% upside potential. Next, we cross-checked the year-to-date decline and analyst upside potential from CNN. The stocks are ranked in ascending order of the number of hedge fund holders sourced from the Insider Monkey Q1 2025 database. Please note that the data was recorded on June 13, 2025.
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).
11 Best Tech Stocks to Buy On the Dip
11. Bitdeer Technologies Group (NASDAQ:BTDR)
Year-to-Date Performance: -44.56%
Analyst Upside Potential: 58.91%
Number of Hedge Fund Holders: 17
Bitdeer Technologies Group (NASDAQ:BTDR) is one of the 11 Best Tech Stocks to Buy On the Dip. The company’s strategy relies on vertical integration and its proprietary SEALMINER mining rigs, which are designed and produced in-house. Analysts believe this sets Bitdeer Technologies Group (NASDAQ:BTDR) apart from many competitors and allows the company to exercise greater control over efficiency and innovation.
However, despite this strategic edge, the stock has been down around 45% on a year-to-date basis, mainly due to significant financial strain in Q1 2025. The company’s revenue fell sharply to $70.1 million from $119.5 million a year ago. Moreover, the cost of revenue exceeded quarterly revenue and came in at $73.4 million, thereby impacting the gross profits, which came in at a negative $3.2 million versus a positive gross profit of $34.1 million last year.
Management of Bitdeer Technologies Group (NASDAQ:BTDR) remains committed to executing its SEALMINER roadmap strategy. Matt Kong, Chief Business Officer at Bitdeer noted that they have energized 3.7 EH/s and 0.5 EH/s of SEALMINER A1 and SEALMINER A2. This brought the company’s self-mining hash rate to 12.4 EH/s by the end of April. The company is targeting a self-mining hash rate of 40 EH/s by October 2025.
On June 11, Bitdeer Technologies Group (NASDAQ:BTDR) released its May 2025 operational updates. The company self-mined 196 Bitcoins, reflecting an 18.1% increase from April 2025 driven by a higher average self-mining hash rate from the energization of SEALMINERs. “In May 2025, we continued to deploy our SEALMINER mining rigs to our sites in Texas, the US, Norway, and Bhutan, bringing Bitdeer’s self-mining hash rate to 13.6 EH/s at the end of May,” said Matt Kong.
Bitdeer Technologies Group (NASDAQ:BTDR) is a blockchain technology company that provides comprehensive computing solutions related to cryptocurrency mining. The company manages the entire process of bitcoin mining and operates through three main segments including self-mining, hash rate sharing, and hosting services.
10. Jamf Holding Corp. (NASDAQ:JAMF)
Year-to-Date Performance: -32.79%
Analyst Upside Potential: 58.39%
Number of Hedge Fund Holders: 27
Jamf Holding Corp. (NASDAQ:JAMF) is one of the 11 Best Tech Stocks to Buy On the Dip. The stock has declined more than 32% on a year-to-date basis due to lackluster growth and valuation compression. Its year-over-year revenue growth rate has declined from around 15% in Q1 2024 to 10% in fiscal Q1 2025. Analysts believe international trade and tariff tensions to be one of the reasons causing slowed top-line growth.
On May 6, Jamf Holding Corp. (NASDAQ:JAMF) released its fiscal first quarter results for 2025. The company grew its Security Annual Recurring Revenue by 17% to $162 million. Whereas the quarterly revenue of $167.9 million grew 10% year-over-year. The company has been focusing on its security solutions. In April 2025, the company acquired Identity Automation, a dynamic identity and access management company. The acquisition adds about 90 employees and a unique product differentiator to its K12 education endeavor. Moreover, Identity Automation serves over 500 education customers, including five of the top 10 school districts. This development has resulted in Security ARR growth, which now accounts for 25% of Jamf Holding Corp.’s (NASDAQ:JAMF) total ARR.
Despite this financial improvement, management continues to expect slower growth for the fiscal second quarter of 2025, with expected revenue growth of around 10%. On May 12, Ramio Lenschow raised the price target on Jamf Holding Corp. (NASDAQ:JAMF) from $13 to $15, while keeping a Hold rating on the stocks.
Jamf Holding Corp. (NASDAQ:JAMF) provides cloud-based software solutions that help organizations manage and secure Apple devices such as Macs, iPhones, and iPads. The company operates on a subscription-based software-as-a-service model.
9. Onto Innovation Inc. (NYSE:ONTO)
Year-to-Date Performance: -44.75%
Analyst Upside Potential: 37.28%
Number of Hedge Fund Holders: 31
Onto Innovation Inc. (NYSE:ONTO) is one of the 11 Best Tech Stocks to Buy On the Dip. On June 13, B.Riley Financial analyst Craig Ellis maintained a Buy rating on Onto Innovation Inc. (NYSE:ONTO) with a price target of $160. The rating comes after the company announced enhanced leadership with two new executive appointments. The company appointed Brian Roberts as chief financial officer and Shirley Chen as senior vice president of customer success in a move to achieve its strategic objectives.
On May 8, Onto Innovation Inc. (NYSE:ONTO) reported its Q1 2025 results, highlighting record quarterly revenue of $267 million, marking the seventh consecutive quarter of growth. The growth was driven by growth in advanced nodes and advanced packaging markets, particularly supporting AI compute engines and increased investments in cloud and enterprise servers.
Nearly all the products of Onto Innovation Inc. (NYSE:ONTO) are manufactured in the United States, which exposes the company to higher incoming costs due to tariffs imposed by the Trump administration and which exposes the company to higher incoming costs due to tariffs imposed by the Trump administration. Management noted accelerating strategic programs to establish manufacturing capabilities in Asia to help eradicate the tariff threat. The company expects shipments from these new facilities to begin in the second half of 2025, thereby further improving its margins.
Onto Innovation Inc. (NYSE:ONTO) is engaged in the designing, development, and manufacturing of advanced equipment and systems for microelectronics. It focuses on key areas including Control methodology, Defect Inspection, Lithography Systems, and Data Analysis Systems.
8. Globant S.A. (NYSE:GLOB)
Year-to-Date Performance: -55.87%
Analyst Upside Potential: 29.73%
Number of Hedge Fund Holders: 31
Globant S.A. (NYSE:GLOB) is one of the 11 Best Tech Stocks to Buy On the Dip. The company released its Q1 2025 results on May 15. Globant S.A. (NYSE:GLOB) missed revenue and EPS estimates causing the stock to dip. It posted a revenue of $611.09 million, reflecting 7% growth. However, this was below the market consensus by $10.37 million. The EPS of $1.50 also missed estimates by $0.08.
On May 16, Arvind Ramnani analyst at Piper Sandler downgraded Globant S.A. (NYSE:GLOB) from Buy to Hold, while also adjusting the price target from $154 to $116. The analyst noted they had already estimated the macro headwinds, which impacted the revenue growth thereby reducing its estimates.
Impax US Sustainable Economy Fund mentioned Globant S.A. (NYSE:GLOB) in its Q1 2025 investor letter. The fund noted that the company delivered satisfactory results driven by broad demand through various industry verticals and also witnessed revenue growth in new markets. Despite the satisfactory growth, the stock has trembled more than 55.87% on a year-to-date basis mainly due to a complex macroeconomic environment impacting customer spending. The fund anticipates the economic pressure to impact the revenue projections. Management of Globant S.A. (NYSE:GLOB) anticipates second-quarter revenue to be at least $612.0 million, reflecting 4.2% year-over-year growth.
Impax US Sustainable Economy Fund stated the following regarding Globant S.A. (NYSE:GLOB) in its Q1 2025 investor letter:
“Globant S.A. (NYSE:GLOB) (Information Technology) is a software solutions provider helping to enhance productivity and drive increasing digital infrastructure in the transition to a more sustainable economy. The stock was down despite delivering satisfactory results, due to broad demand across multiple industry verticals and significant revenue growth in new markets. However, political volatility and macroeconomic pressures in Latin America are expected to affect demand, resulting in slightly lower revenue projections for the upcoming fiscal year.”
7. Braze, Inc. (NASDAQ:BRZE)
Year-to-Date Performance: -37.06%
Analyst Upside Potential: 59.28%
Number of Hedge Fund Holders: 31
Braze, Inc. (NASDAQ:BRZE) is one of the 11 Best Tech Stocks to Buy On the Dip. The company continues to face challenges from an uneven and noisy macroeconomic environment, noted the management. It has been facing elevated churn in the enterprise segment and prolonged deal cycles due to switching costs. Moreover, the weakness in the South Asian market has also resulted in falling investor sentiment. The stock has fallen more than 37% on a year-to-date basis due to these challenges.
However, despite the market condition, Braze, Inc. (NASDAQ:BRZE) continued its momentum from FQ4 2025 and surpassed expectations with its FQ1 2026 results. It grew its revenue by 19.64% year-over-year to $162.06 million, surpassing estimates by $3.46 million. The EPS of $0.07 also exceeded expectations by $0.02. Notably, the company grew its GAAP-operating margins by more than 900 basis points and also marked the fourth consecutive quarter of profitability, with $7 million as net income.
The growth was driven by a growing customer base of 2,342 customers, which increased by 240 compared to the previous year, with a notable rise in large customers. In addition, Braze, Inc. (NASDAQ:BRZE) has been enhancing its AI capabilities, on March 27, it announced its agreement to acquire OfferFit, an AI decisioning company, for $325 million. The completion of this acquisition was announced in the FQ1 2026 earnings release.
Management also highlighted notable business wins during the quarter including Beyond, Inc., Chamberlain Group, Evite, Freshket, Fubo, LUSH Cosmetics, Njuškalo, and ThredUp. Braze, Inc. (NASDAQ:BRZE) anticipates FQ2 2026 revenue to be between $171.0 million and $172.0 million, reflecting confidence in top-line growth.
6. Workiva Inc. (NYSE:WK)
Year-to-Date Performance: -39.63%
Analyst Upside Potential: 52.14%
Number of Hedge Fund Holders: 35
Workiva Inc. (NYSE:WK) is one of the 11 Best Tech Stocks to Buy On the Dip. On May 29, Workiva Inc. (NYSE:WK) announced the appointment of Astha Malik, Chief Business Officer of Braze, to its board of directors. Malik brings 25 years of experience in driving growth and scaling high-growth SaaS companies.
The company also released its Q1 2025 results on May 1. The revenue of $206 million grew 17% year-over-year driven by a 20% increase in subscription and support revenue. Both of these financial indicators surpass management’s guidance despite a challenging environment characterized by a cautious buying environment and flat professional services revenue.
After the earnings release, analyst Alexander Sklar from Raymond James maintained an Overweight rating on Workiva Inc. (NYSE:WK) lowering the price target from $125 to $105. The analyst noted the company showed strong bookings in Q1 however, the tough macroeconomic environment led to a conservative outlook by Raymond James. Regardless, Workiva Inc. (NYSE:WK) maintained its full-year revenue guidance at $864 million to $868 million.
Workiva Inc. (NYSE:WK) is a technology company that operates a cloud-based platform that enables organizations to streamline and automate financial, sustainability, and compliance reporting processes. Its Saas platform combines ERP, HCM, and CRM applications, supporting real-time collaboration and integrated reporting across teams.
5. Ambarella, Inc. (NASDAQ:AMBA)
Year-to-Date Performance: -31.54%
Analyst Upside Potential: 57.70%
Number of Hedge Fund Holders: 35
Ambarella, Inc. (NASDAQ:AMBA) is one of the 11 Best Tech Stocks to Buy On the Dip. On June 2, Craig-Hallum analyst Richard Shannon maintained a Buy rating on Ambarella, Inc. (NASDAQ:AMBA) with a price target of $95. The reaffirmed rating comes after the company released encouraging results for the fiscal first quarter of 2026, despite a tough market environment.
Ambarella, Inc. (NASDAQ:AMBA) reported its FQ1 2026 results on May 29. The revenue of $85.9 million grew 57.6% year-over-year., surpassing market consensus by $1.86 million. The EPS of $0.07 also exceeded expectations by $0.03. The growth was driven by its AI business as AI-related products accounted for more than 75% of its Q1 revenue. This also marked the fourth consecutive quarter of record AI revenue.
Management noted Ambarella, Inc. (NASDAQ:AMBA) is becoming a leader in edge AI and has over 32 million AI processors shipped cumulatively. Moreover, its proprietary CVflow AI SoCs support a wide range of generative and vision AI models. The company expects FQ2 revenue between the range of $86.0 million and $94.0 million.
Ambarella, Inc. (NASDAQ:AMBA) is a tech company that develops low-power system-on-a-chip semiconductors and software for edge artificial intelligence applications.
4. Semtech Corporation (NASDAQ:SMTC)
Year-to-Date Performance: -36.97%
Analyst Upside Potential: 40.52%
Number of Hedge Fund Holders: 40
Semtech Corporation (NASDAQ:SMTC) is one of the 11 Best Tech Stocks to Buy On the Dip. On May 28, Analyst Christopher Rolland of Susquehanna reiterated a Buy rating on Semtech Corporation (NASDAQ:SMTC) with a price target of $60. The rating comes after the company released its fiscal first-quarter results for 2026.
The company reported net sales of $251.1 million, reflecting a 22% year-over-year increase. The analyst noted that the company has demonstrated resilience with its core products FiberEdge and TriEdge by filling the gap caused by a temporary slowdown in its CopperEdge product line. This product diversification supports ongoing growth, with new applications expected to ramp up in the latter half of the year. Moreover, Semtech Corporation (NASDAQ:SMTC)’s LoRa technology, which is central to its IoT strategy, has exceeded expectations. The company is actively pursuing new opportunities in the expanding IoT sector, noted Christopher Rolland. Despite short-term challenges such as the NVIDIA ACC disappointment, the company remains focused on reducing debt and investing in research and development.
Semtech Corporation (NASDAQ:SMTC) is a high-performance semiconductor company that provides advanced technology solutions. It operates through three main areas including Signal Integrity, Analog Mixed Signal and Wireless, and IoT Systems and Connectivity.
3. Zeta Global Holdings Corp. (NYSE:ZETA)
Year-to-Date Performance: -35.11%
Analyst Upside Potential: 105.59%
Number of Hedge Fund Holders: 40
Zeta Global Holdings Corp. (NYSE:ZETA) is one of the 11 Best Tech Stocks to Buy On the Dip. On June 10 Needham analyst Scott Berg reiterated a Buy rating on Zeta Global Holdings Corp. (NYSE:ZETA) with a price target of $10. The reiterated bullish sentiment comes after the company unveiled its Zeta Answers, an advanced AI-powered intelligence framework that automates the entire process from insights to outcomes.
Zeta Answers uses multiple AI agents working together to provide marketers with direct and seamless paths. Management noted that the advancement has reaped significant benefits for early adopters including a 30% increase in engagement, a 10% increase in native ad performance, and enterprise campaigns achieving over four times higher conversion rates.
Scott Berg highlighted that one of the factors that sets Zeta Global Holdings Corp. (NYSE:ZETA) apart from its competitors is its differentiated products which are sold to a diverse set of clients. Moreover, this topped with the company’s market position and potential for growth positions it to achieve its fiscal 2028 goals.
During the fiscal first quarter of 2025, Zeta Global Holdings Corp. (NYSE:ZETA) delivered $264 million in revenue reflecting a 36% year-over-year growth. This was driven by a 19% increase in scaled customers which reached 548 customers. Management increased its Q2 revenue guidance from $295 million to $298 million, up $2 million at the midpoint from the prior guidance of $295 million.
2. Wix.com Ltd. (NASDAQ:WIX)
Year-to-Date Performance: -31.14%
Analyst Upside Potential: 54.26%
Number of Hedge Fund Holders: 50
Wix.com Ltd. (NASDAQ:WIX) is one of the 11 Best Tech Stocks to Buy On the Dip. On June 13, analyst Elizabeth Porter from Morgan Stanley maintained a Buy rating on Wix.com Ltd. (NASDAQ:WIX) with a price target of $207. The rating comes after the company released its Q1 2025 results in May.
The company delivered a robust start to the year with Q1 total bookings of $511 million up 12% year-over-year. The revenue for the quarter totaled $474 million, exceeding expectations and reflecting 13% growth. Management noted this to be driven by accelerated Self Creators growth and momentum in Studio adoption.
Analyst Porter appreciated the robust performance of Wix.com Ltd. (NASDAQ:WIX) across key indicators including bookings, revenue, operating margins, and free cash flow. Porter noted this growth suggests a solid demand and counters concerns about competition and AI displacement risks. Management of Wix.com Ltd. (NASDAQ:WIX) maintained a full-year booking outlook at $2.025 billion to $2.060 billion reflecting an 11% to 13% increase year-over-year. The analyst acknowledged the outlook to be conservative due to macroeconomic challenges, particularly in the Business Solutions segment.
1. BILL Holdings, Inc. (NYSE:BILL)
Year-to-Date Performance: -50.74%
Analyst Upside Potential: 32.85%
Number of Hedge Fund Holders: 53
BILL Holdings, Inc. (NYSE:BILL) is one of the 11 Best Tech Stocks to Buy On the Dip. On June 11, Morgan Stanley analyst Chris Quintero downgraded BILL Holdings, Inc. (NYSE:BILL) to Hold while also reducing the price target from $60 to $55. The downgraded rating comes after the firm sees depreciating spending trends in the small and medium-sized business.
Chris Quintero noted that the previous improved sentiment around BILL Holdings, Inc. (NYSE:BILL) was based on the optimism that small and medium-sized businesses will see improved spending, better monetization strategies, and attractive valuations. However, recent market developments indicate weakness in all these factors. The analyst highlighted that while the long-term prospects of BILL Holdings, Inc. (NYSE:BILL) remain positive, the near-term outlook remains questionable, thereby undermining its immediate growth catalyst.
The company released its fiscal third quarter results for 2025 on May 8. The total revenue for the quarter grew 11% year-over-year to $358.2 million, whereas the core revenue grew 14% to $320.3 million. BILL Holdings, Inc. (NYSE:BILL) revised its full-year outlook downwards and now expects FY25 revenue to grow around 12% to 13% down from the previous guidance of 13% to 14% growth.
While we acknowledge the potential of BILL 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 BILL and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
