In this article, we will be looking at the 11 Best Tech Stocks Under $50 to Buy Now.
On March 16, Reuters reported that Wall Street closed higher on Monday, supported by strong gains in AI-related stocks. Shares of Meta Platforms, Inc. (NASDAQ:META) rose after a report that it is preparing for major layoffs, while oil prices moved lower amid ongoing uncertainty around the conflict in the Middle East.
Meta Platforms, Inc. (NASDAQ:META) gained 2.3% following news that the company plans to cut at least 200% of its workforce to offset costs linked to heavy investments in AI infrastructure and prepare for improving efficiency thanks to AI-assisted workers. NVIDIA Corporation (NASDAQ:NVDA) also rose 1.6% after CEO Jensen Huang announced new components at the company’s annual developer conference.
Crude prices saw a slight decline after the US said it would be “fine” for some Iranian, Indian, and Chinese ships to pass through the Strait of Hormuz. This news eased some concerns in the market.
Terry Sandven, chief equity strategist at US Bank Wealth Management in Minneapolis, said:
“You’ve got news that Iranian oil tankers are moving through, or are soon going to be moving through, the Strait of Hormuz, which is a positive for global economic stability.”
However, Sandven also noted that “the path forward is filled with twists and turns. … There’s lack of visibility when the conflict is likely to end.”
With this background in mind, let’s take a look at the 11 best tech stocks under $50 to buy now.
Stocks
Our Methodology
To compile our list of the 11 best tech stocks under $50 to buy now, we used the Finviz stock screener to find technology stocks with a share price of under $50 as of March 16, 2026. We sorted our results based on market capitalization and picked the 50 top stocks. Next, we focused on the top 11 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2025 database of 1041 elite hedge funds. Finally, the 11 best tech stocks under $50 to buy now were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2025.
Why do we care about what hedge funds do? 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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
11 Best Tech Stocks Under $50 to Buy Now
11. Chime Financial, Inc. (NASDAQ:CHYM)
Chime Financial, Inc. (NASDAQ:CHYM) is one of the best tech stocks under $50 to buy now. On March 4, KeyBanc initiated coverage on Chime Financial, Inc. (NASDAQ:CHYM), giving the stock an Overweight rating and setting the price target at $30. The research firm based its price target on 5 times the company’s expected gross profit for fiscal year 2026.
KeyBanc analyst Alex Markgraff described Chime Financial, Inc. (NASDAQ:CHYM) as a leader in its category. The analyst noted that the company has significant room to grow its market share in the US retail banking sector. KeyBanc believes that the company’s differentiated tech stack could support strong product innovation and the company’s unit economics provide a solid base for model profitability.
The research firm also expects credit-related revenue to be a major growth driver for Chime Financial, Inc. (NASDAQ:CHYM). In addition, KeyBanc noted that liquidity products are essential for the population sector that the company serves. The firm added that the secured and short-term nature of the company’s credit portfolio makes KeyBanc comfortable even when the company’s credit business is in its early stages.
Chime Financial, Inc. (NASDAQ:CHYM) is an American financial technology company that provides a wide range of low-cost banking and payments products and services.
10. HP Inc. (NYSE:HPQ)
HP Inc. (NYSE:HPQ) is one of the best tech stocks under $50 to buy now. On March 2, HP Inc. (NYSE:HPQ) took part in the Morgan Stanley Technology, Media & Telecom Conference 2026, where CFO Karen Parkhill discussed the company’s strategy and how it is dealing with current challenges.
The company reported a strong Q1 2026, with revenue rising 7% and EPS coming in at the high end of the guidance. However, HP Inc. (NYSE:HPQ) is facing higher memory costs and weaker demand for units. To deal with this, the company is following a mitigation plan that includes securing supply and raising prices.
Additionally, HP Inc. (NYSE:HPQ) is focusing on long-term growth by investing in AI PCs, secure printers, and subscriptions. AI PCs made up 35% of shipments in the latest quarter, up from 30% and 25% in the previous quarters. This shows steady growth in this segment.
CFO Karen Parkhill also pointed out that the company’s AI-enabled cost savings program aims to deliver $1 billion in savings by fiscal year 2028, with $300 million expected in fiscal year 2026.
At the same time, Parkhill confirmed that HP Inc. (NYSE:HPQ) is currently searching for a new CEO and is looking for someone with experience in large, global, multi-segment businesses. Parkhill also noted that HP Inc. (NYSE:HPQ) has returned roughly $19 billion to shareholders over the past five years and is focused on delivering free cash flow and returning all of it to shareholders.
HP Inc. (NYSE:HPQ) is an American multinational technology company that is known for its AI-powered devices, software, subscriptions, and services that serve professionals and businesses.
9. Cognex Corporation (NASDAQ:CGNX)
Cognex Corporation (NASDAQ:CGNX) is one of the best tech stocks under $50 to buy now. On March 9, JPMorgan upgraded its rating on Cognex Corporation (NASDAQ:CGNX) from Underweight to Neutral and set a price target of $55 on the stock.
The research firm pointed to improving margins, ongoing cost-cutting efforts, and a growing customer base as key reasons behind the upgrade. JPMorgan analyst Tomohiko Sano said Cognex Corporation’s (NASDAQ:CGNX) “rapid margin improvement, cost initiatives, and expanding customer base prompted our rating upgrade from Underweight to Neutral.”
The analyst added that “management’s execution and a strengthening macro backdrop now justify a premium.” JPMorgan believes that Cognex Corporation (NASDAQ:CGNX) is positioned for “further upside as sector rotation favors innovation and operational leverage.”
The research firm noted that automation is driving growth across multiple sectors. While building products are showing selective strength, specialty areas have lagged. However, JPMorgan believes these recent resets may present new value opportunities.
Cognex Corporation (NASDAQ:CGNX) is an American technology company in the machine vision industry. It helps manufacturing and distribution companies become more efficient through automation.
8. Figma, Inc. (NYSE:FIG)
Figma, Inc. (NYSE:FIG) is one of the best tech stocks under $50 to buy now. On February 19, Stifel cut its price target on Figma, Inc. (NYSE:FIG) from $40 to $30 while keeping a Hold rating on the stock. This update came after the company reported Q4 results.
Stifel’s analyst noted that Figma, Inc.’s (NYSE:FIG) Q4 results and its 2026 revenue guidance came in much stronger than expected, which pushed the stock higher in after-hours trading. However, the research firm is still waiting for more clarity on how margins will be affected and how soon and meaningful the consumption uplift will be once credit limits are introduced in March.
On the same day, Morgan Stanley also reduced its price target on Figma, Inc. (NYSE:FIG) from $48 to $44 and maintained its Equal Weight rating on the stock.
Morgan Stanley’s analyst pointed out that weekly active users of the company’s “Make” tool rose 70% compared to the previous quarter. This helped Figma, Inc. (NYSE:FIG) reaccelerate to revenue growth of over 40% in the fourth quarter. Despite this, the analyst noted that material revisions in revenue forecasts were offset because of pressure on free cash flow caused by “a lower operating margin posture.”
Figma, Inc. (NYSE:FIG) is a leading AI-powered collaborative design platform that enables teams to design and build digital products. It offers a wide range of tools such as Figma Design, FigJam, Dev Mode, Figma Slides, Figma Sites, Figma Buzz, Figma Draw, and Figma Make.
7. Dynatrace, Inc. (NYSE:DT)
Dynatrace, Inc. (NYSE:DT) is one of the best tech stocks under $50 to buy now. On March 13, BMO Capital reiterated its Outperform rating on Dynatrace, Inc. (NYSE:DT) with a price target of $45 on the stock. The research firm kept its estimates after meeting with the company’s management.
BMO Capital pointed out that investors are concerned about Dynatrace, Inc.’s (NYSE:DT) growth and these concerns have been exacerbated by rising worries around competition. The research firm noted that if the company can guide fiscal year 2027 to a reasonable net new annual recurring revenue as a starting point, it might help ease some of these concerns. Overall, BMO Capital said it is still constructive on Dynatrace, Inc. (NYSE:DT).
A day earlier, on March 12, BofA Securities also reaffirmed its Buy rating on Dynatrace, Inc. (NYSE:DT) with a price target of $64. This update comes after the firm’s analyst, Koji Ikeda, hosted investor meetings with the company’s CEO Rick McConnell, CFO Jim Benson, and VP of Investor Relations Noelle Faris. BofA said the meetings made the firm more confident in the company’s ability to execute well and drive upside to estimates.
The research firm added that Dynatrace, Inc.’s (NYSE:DT) management’s tone was positive, especially regarding technology differentiation, market strategy, and pipeline. BofA believes if the company can continue to perform consistently, it could see faster growth in subscription revenue and annual recurring revenue over the next 12 to 18 months.
Dynatrace, Inc. (NYSE:DT) is a technology company that is known for its AI-powered observability platform. It helps businesses analyze, automate, and innovate by leveraging AI-powered insights.
6. Hewlett Packard Enterprise Company (NYSE:HPE)
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the best tech stocks under $50 to buy now. On March 11, Bernstein SocGen Group reiterated its Market Perform rating on Hewlett Packard Enterprise Company (NYSE:HPE) with a price target of $24. This update came after the company reported its Q1 results for fiscal 2026.
Hewlett Packard Enterprise Company (NYSE:HPE) posted non-GAAP EPS of $0.65, which was slightly higher than market expectations. The company’s revenue was roughly in line with consensus estimates. Hewlett Packard Enterprise Company (NYSE:HPE) increased its fiscal 2026 non-GAAP EPS guidance by $0.05, now expecting it to be between $2.30 and $2.50.
The company’s management also slightly raised its networking revenue growth expectations. However, Hewlett Packard Enterprise Company (NYSE:HPE) lowered its Cloud and AI guidance because of higher memory prices and supply issues.
Bernstein SocGen pointed out that it has become difficult to track exact AI server figures because of the recent recategorization that combined AI servers with networking products.
A day earlier, on March 10, UBS also reiterated its Neutral rating on Hewlett Packard Enterprise Company (NYSE:HPE) with a price target of $25 after the company’s quarterly results.
Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that specializes in essential enterprise technology, AI, cloud, and networking. The company offers intelligent solutions for organizations to manage and utilize their data.
While we acknowledge the potential of HPE 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 HPE and that has 100x upside potential, check out our report about the cheapest AI stock.
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