In this piece, we will look at the 11 Overlooked Tech Stocks to Invest In.

The past week, ending November 7, saw U.S. artificial intelligence-related stocks retreat amid mounting valuation concerns. Amid this sell-off, nearly $50 billion of SoftBank Group’s market capitalization was wiped out. This ripple effect was observed across tech-heavy exchanges worldwide. Last week, Goldman Sachs CEO David Solomon stated that he anticipates a 10-20% market drawdown within the next two years. At the same time, the IMF and the Bank of England have stated that they foresee an AI bubble emerging soon.

As of November 14, 2025, volatility has been reported across AI-linked ETFs, highlighting how rapidly momentum can disappear amid a macro environment where massive inflows are being attracted. On Monday, Mike Akins from the investment analytics and research platform ETF Action expressed a cautious stance regarding uneven investor enthusiasm, citing AI-focused funds that have recorded a 60% performance spread in 2025. He said that among the nearly 400 ETFs they classify as thematic, the best-performing one is up over 150% year to date, but several others are down 10%.

On the other hand, at the Web Summit tech conference on Tuesday, several tech CEOs shed light on AI valuations, calling them exaggerated. DeepL’s Jarek Kutylowski cited “signs of a bubble.”

Still, UBS strategist Kiran Ganesh pointed out the limited volatility, citing a positive broader narrative. Speaking to CNBC on November 7, he stated, “We’ve had a remarkably smooth rally given the scale of investment that’s taken place, given the uncertainty about future cash flows, and given some of those concerns about valuation.”

Reflecting on the recent movements within the tech space, Glenn Smith, chief investment officer at GDS Wealth Management, spoke to CNBC on November 7 and commented, “Some big tech stocks are on sale, and are presenting buying opportunities for investors, especially for investors who have missed out on the market’s strength over the past two months.”

Meanwhile, a global reshaping of capital flows is occurring, driven by artificial intelligence (AI). In October 2025, UBS projected that AI spending would reach $375 billion in 2025 and potentially surpass the $500 billion mark in 2026.

As headline AI names continue drawing capital, there exist some overlooked tech stocks that may offer more attractive opportunities despite shifting market sentiment. Thus, it is essential to shed light on overlooked tech stocks, as these names may offer sustainable growth avenues by combining innovation and operational prudence. This way, investors may participate in the AI revolution while avoiding getting swept up in the overexcitement surrounding tech giants.

Our Methodology

To curate our list of overlooked tech stocks to invest in, we scanned financial media, online screeners, and ETFs to extract a list of technology stocks with a market capitalization of over $2 billion and an upside potential of at least 10% as of November 12, 2025. Next, we considered hedge fund ownership of these stocks, selecting those with relatively lower numbers of hedge fund holdings compared to industry peers, indicating they are under-the-radar. For hedge fund data, we relied on Insider Monkey’s hedge fund database, which tracks 983 hedge funds. Our list is presented in ascending order based on the number of hedge funds holding stakes in each stock, as of Q2 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

11. Bitdeer Technologies Group (NASDAQ:BTDR)

Upside Potential: 127.16%

Number of Hedge Fund Holders: 12

Bitdeer Technologies Group (NASDAQ:BTDR) is one of the overlooked tech stocks to invest in.

On November 12, 2025, B. Riley’s Nick Giles reduced his price target on Bitdeer Technologies Group (NASDAQ:BTDR) from $32 to $29. However, the analyst reiterated a “Buy” rating, attributing the positive stance to potential catalysts, such as the mass production of the first-generation A4 chip in Q1 2026 and upcoming HPC/AI contract developments.

Meanwhile, two days prior, Bitdeer Technologies Group (NASDAQ:BTDR) reported its third-quarter 2025 results. The quarter marked strong operational execution, with revenue surging 173.6% year-over-year to $169.7 million, gross profit growing to $40.8 million, and adjusted EBITDA hitting $43.0 million. The robust performance was driven by higher self-mining hashrate and efficiency gains. The company closed the quarter with $246.2 million in registered crypto assets and $196.3 million in cash and equivalents.

The quarter’s performance was led by the growth in self-mining operations, which offset declines in cloud hashrate and general hosting. Furthermore, SEALMINER sales, alongside early HPC/AI deployments, opened new revenue streams for the company. Bitdeer Technologies Group (NASDAQ: BTDR) saw its net loss widen to $32.8 million due to increased borrowing costs and operating expenses. However, management is eyeing long-term growth opportunities in AI cloud infrastructure and the mass production of SEALMINER units.

Looking ahead, Bitdeer Technologies Group (NASDAQ:BTDR) remains in a strong position for long-term growth, boasting a 3.0 GW power portfolio and robust R&D pipeline, as it looks to capitalize on the growing demand for both Bitcoin mining and AI compute services.

Bitdeer Technologies Group (NASDAQ:BTDR) delivers Bitcoin mining solutions and AI cloud services, while managing equipment, data centers, and operations. It also offers high-performance computing infrastructure globally.

10. Alkami Technology, Inc. (NASDAQ:ALKT)

Upside Potential: 60.32%

Number of Hedge Fund Holders: 20

Alkami Technology, Inc. (NASDAQ:ALKT) is included in our list of the overlooked tech stocks to invest in.

On November 3, 2025, Goldman Sachs’ Adam Hotchkiss reiterated his “Neutral” rating on Alkami Technology, Inc. (NASDAQ:ALKT), reducing the price target from $29 to $26.

The price cut followed Alkami Technology, Inc. (NASDAQ:ALKT)’s Q3 2025 results, announced on October 30, 2025. The quarter marked a 31.5% YoY growth in revenue, bringing it to $113 million. Meanwhile, adjusted EBITDA came out at $16 million, thanks to operational leverage and robust demand for the company’s cloud-based digital banking solutions. With annual recurring revenue surging 31% to $449 million, subscription revenue accounted for 96% of total revenue.

During the quarter, Alkami Technology, Inc. (NASDAQ:ALKT) recorded the addition of 10 new digital banking clients, which included the company’s largest new logo in history. At the same time, MANTL integration added 29 onboarding clients, expanding multi-platform adoption. The quarter also saw registered users increase by 2.1 million from the previous year, reaching 21.6 million. By the close of the quarter, Alkami now serves 413 financial institutions, which include five of the top 20 U.S. credit unions.

Alkami Technology, Inc. (NASDAQ:ALKT) made leadership changes during the quarter, appointing Cassandra Hudson as CFO. With this appointment, the company aims to leverage her 20 years of experience in scaling tech companies, positioning itself for continued growth, supported by strong sales execution, cross-selling, and product innovation.

Alkami Technology, Inc. (NASDAQ:ALKT) delivers cloud-based digital banking solutions, enabling U.S. financial institutions to grow, while enhancing customer engagement and streamlining operations.

9. Allegro MicroSystems, Inc. (NASDAQ:ALGM)

Upside Potential: 44.98%

Number of Hedge Fund Holders: 22

Allegro MicroSystems, Inc. (NASDAQ:ALGM) is one of the overlooked tech stocks to invest in.

On October 31, 2025, Evercore ISI increased its price target on Allegro MicroSystems, Inc. (NASDAQ:ALGM) from $37 to $49, while maintaining an “Outperform” rating. The bullish stance of the firm reflects robust automotive and data center cycles, with Evercore highlighting the stock as a top SMID analog pick. The analyst optimism stemmed from a robust growth outlook, driven by a restocking cycle and expanding data center opportunities.

On the previous day, Allegro MicroSystems, Inc. (NASDAQ:ALGM) announced its second-quarter results. The quarter marked a 14% YoY growth in sales, taking them to $214 million, thanks to 21% and 23% growth in e-Mobility and Industrial & Other segments. Furthermore, non-GAAP EPS came in at $0.13, beating expectations. The robust performance in the quarter was driven by record automotive sensor demand, data center fan driver IC sales, and rapid adoption of high-speed current sensors.

The short-term growth momentum remains on track with design wins in ADAS, xEV powertrains, and data center power supplies. Meanwhile, the long-term growth outlook remains robust, thanks to the new high-voltage gate drivers for silicon carbide. As a result, Allegro MicroSystems, Inc. (NASDAQ:ALGM) expects Q3 sales to lie somewhere between $215 million and $225 million, gross margins to be within the 49%-51% range, and non-GAAP EPS to come out between $0.12 and $0.16.

Allegro MicroSystems, Inc. (NASDAQ:ALGM) advances automotive, clean energy, and industrial automation by delivering efficient, high-performance, and sustainable technology solutions.