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.
8. Vertex, Inc. (NASDAQ:VERX)
Upside Potential: 41.78%
Number of Hedge Fund Holders: 25
Vertex, Inc. (NASDAQ:VERX) is included in our list of the overlooked tech stocks to invest in.
Vertex, Inc. (NASDAQ:VERX) experienced a price target cut on November 5, 2025, with Goldman Sachs lowering its target from $43 to $28, while reiterating a “Buy” rating. The price revision reflects short-term headwinds, such as customer bankruptcies and rapid cloud migrations.
However, Goldman Sachs’ price target cut came amid positive analyst sentiment on a broader level, as William Blair’s Jake Roberge reiterated his “Buy” rating on November 3. He cited heightened pipeline activity from SAP ecosystem migrations, alongside the successful adoption of its e-invoicing solution.
Meanwhile, Vertex, Inc. (NASDAQ:VERX) announced its Q3 results on November 3, recording $192.1 million in total revenue, up 12.7% YoY. The top-line growth was driven by a 29.6% surge in cloud revenue. The company delivered strong profitability in the quarter, with $0.17 non-GAAP EPS exceeding expectations and adjusted EBITDA reaching $43.5 million. The quarter also announced a $150 million stock repurchase program, its first ever.
Looking ahead, Vertex, Inc. (NASDAQ:VERX)’s management sees strong growth potential from SAP ecosystem migrations and the adoption of e-invoicing. Over 100 customers now leverage the solution.
Vertex, Inc. (NASDAQ:VERX) helps businesses comply with complex tax regimes through its global indirect tax solutions.
7. Impinj, Inc. (NASDAQ:PI)
Upside Potential: 55.45%
Number of Hedge Fund Holders: 27
Impinj, Inc. (NASDAQ:PI) is one of the overlooked tech stocks to invest in.
Impinj, Inc. (NASDAQ:PI) had its price target raised from $200 to $211 by Barclays on November 5, while maintaining its “Overweight” rating. With grocery deployments gaining momentum, the investment firm cited the company’s “potentially huge opportunity,” particularly after the recent selloff.
Meanwhile, on October 29, Impinj, Inc. (NASDAQ:PI) reported its third-quarter results. The company recorded non-GAAP EPS of $0.58, above the $0.51 consensus. Thanks to record endpoint IC volumes and higher-than-expected reader sales across applications, Impinj’s revenue reached $96.1 million, up 1% YoY. At the same time, large North American and European deployments drove Systems’ sequential revenue surge of 30%.
The quarter also marked record adjusted EBITDA of $19.1 million. Furthermore, the product mix and licensing contributions resulted in improved gross margins. Looking ahead, Impinj, Inc. (NASDAQ:PI) remains well-positioned for growth in e-commerce, food, and grocery markets, with disciplined operating expenses and ongoing investments in Gen2X-enabled solutions. Management also cited strategic leadership hires as another key growth driver.
Impinj, Inc. (NASDAQ:PI) enables the real-time tracking and connection of items for retailers, supply chain operators, and businesses through its RAIN RFID and IoT solutions.
6. Intapp, Inc. (NASDAQ:INTA)
Upside Potential: 35.71%
Number of Hedge Fund Holders: 28
Intapp, Inc. (NASDAQ:INTA) is included in our list of overlooked tech stocks to invest in.
JPMorgan revisited Intapp, Inc. (NASDAQ:INTA) on November 5, 2025, reducing its price target from $80 to $70 and reiterating an “Overweight” rating, as per TheFly. The firm cited the company’s fiscal Q1 2026 results, calling them “encouraging.” The investment firm highlighted the acceleration of annual recurring revenue (ARR) and strong SaaS momentum demonstrated in the quarter. Moreover, JPMorgan believes management’s outlook is “overly conservative.”
Intapp, Inc. (NASDAQ:INTA) reported Q1 2026 results on November 4. The quarter saw a 30% YoY growth in cloud ARR, which reached $401 million and accounted for 80% of total ARR. Thanks to solid demand across its applied, AI-driven, cloud-based vertical solutions, the company recorded a 27% increase in SaaS revenue to $98 million, helping total revenue reach $139 million (+17%).
Intapp Inc. (NASDAQ:INTA)’s CEO, John Hall, cited growing momentum in new AI capabilities, such as Intapp Time with GenAI, alongside expanding partnerships, as key factors driving the quarter’s performance. Additionally, the company repurchased 1.1 million shares of common stock for $50 million during the quarter. Non-GAAP diluted net income per share for the quarter came to $0.24.
Intapp, Inc. (NASDAQ:INTA) helps professional and financial firms make smarter decisions, manage risk, and enhance growth with its industry-specific cloud and AI software.
5. Synaptics Incorporated (NASDAQ:SYNA)
Upside Potential: 21.59%
Number of Hedge Fund Holders: 29
Synaptics Incorporated (NASDAQ:SYNA) is one of the overlooked tech stocks to invest in.
On November 12, 2025, Synaptics Incorporated (NASDAQ: SYNA) announced its strategic partnership with Qualcomm Technologies, a global technology company specializing in innovative solutions and services for wireless technologies. With this collaboration, the company aims to advance next-generation touch and fingerprint sensor technologies for mobile and computing devices.
The deal integrates Synaptics Incorporated (NASDAQ:SYNA)’s AI-ready sensing technologies with Qualcomm’s compute and biometric security platforms. This integration is expected to drive innovation in human-machine interaction across the growing OLED and AI PC ecosystems.
Meanwhile, on November 7, Synaptics Incorporated (NASDAQ:SYNA) was revisited by Susquehanna’s Christopher Rolland, who reaffirmed his “Buy” rating with a $95 price target. The analyst cited the company’s strong performance in the Core IoT and Enterprise markets, growing momentum of its new Wi-Fi 7 products, and rapid adoption of its Astra AI-native processors.
In its Q1 2026 earnings release, Synaptics Incorporated (NASDAQ:SYNA) recorded a 14% YoY growth in revenue, bringing it to $292.5 million. The company, announcing the results on November 6, reported non-GAAP diluted earnings per share of $1.09.
Synaptics Incorporated (NASDAQ:SYNA) delivers intelligent sensing, compute, and connectivity solutions, powering a smarter, more secure, and seamless digital ecosystem.
4. Q2 Holdings, Inc. (NYSE:QTWO)
Upside Potential: 23.68%
Number of Hedge Fund Holders: 29
Q2 Holdings, Inc. (NYSE:QTWO) is included in our list of the overlooked tech stocks to invest in.
On November 12, 2025, DA Davidson’s Peter Heckmann raised his price target on Q2 Holdings, Inc. (NYSE:QTWO) from $76 to $82, while reiterating a “Neutral” rating.
The price revision reflects Q2 Holdings, Inc. (NYSE:QTWO)’s stronger-than-expected Q3 results, where its total revenue and adjusted EBITDA surpassed analyst forecasts by 2% and 7%, respectively. Furthermore, the analyst’s raised target reflects the management’s upbeat preliminary guidance for 2026, which was driven by the expected continuation of margin expansion and solid subscription revenue growth.
Q2 Holdings, Inc. (NYSE:QTWO) reported its third-quarter results on November 5. The quarter marked a 15% YoY revenue growth, taking it to $201.7 million. The top-line growth helped the company record a 50% sequential increase in adjusted EBITDA, bringing it to $48.8 million. The company’s CEO, Matt Flake, attributed the strong performance to the record quarterly bookings and expansions, which in turn were driven by QTWO’s ongoing AI-driven innovation and disciplined execution.
During the quarter, Q2 Holdings, Inc. (NYSE:QTWO) announced a $150 million share repurchase program, which also boosted analyst sentiment. Moreover, leadership changes occurred during the quarter aimed at enhancing operational efficiency. Looking ahead, the company seems well-positioned for sustainable growth in 2026 and beyond, thanks to accelerating demand for digital banking solutions.
Q2 Holdings, Inc. (NYSE:QTWO) delivers digital transformation solutions to financial institutions and fintech companies.
3. Commvault Systems, Inc. (NASDAQ:CVLT)
Upside Potential: 53.76%
Number of Hedge Fund Holders: 29
Commvault Systems, Inc. (NASDAQ:CVLT) is one of the overlooked tech stocks to invest in.
Commvault Systems, Inc. (NASDAQ:CVLT) was revisited by Robert W. Baird’s Shrenik Kothari on November 12, 2025, who reaffirmed his “Buy” rating with a $215 price target. The analyst’s bullish stance stemmed from strong momentum in the company’s annual recurring revenue (ARR) and SaaS adoption. He sees the company in a strong position due to its “land-and-expand” SaaS strategy and rising market share against its peers. Furthermore, Commvault’s upcoming SHIFT event, expected to showcase its evolution into a hybrid-first, AI-ready resilience platform, boosted the analyst’s sentiment.
Earlier on October 28, 2025, Commvault Systems, Inc. (NASDAQ:CVLT) announced its Q2 FY2026 results, where it surpassed analyst expectations. The company recorded $1.04 billion in total ARR, a 22% YoY increase, driven by SaaS revenue growth of 61%. The quarter also marked the completion of its Satori Cyber acquisition, the launch of Clumio for Apache Iceberg on AWS, and the expansion of its HyperScale portfolio. With these achievements, the company reinforced its leadership in enterprise-grade cyber resilience. Having reached the $1 billion ARR mark two quarters earlier, the company’s CEO remained confident in its growth outlook.
Commvault Systems, Inc. (NASDAQ:CVLT) secures, manages, and rapidly recovers data across any environment by delivering cyber resilience solutions, providing over 100,000 organizations with its AI-driven, cloud-first data protection.
2. OneStream, Inc. (NASDAQ:OS)
Upside Potential: 24.43%
Number of Hedge Fund Holders: 32
OneStream, Inc. (NASDAQ:OS) is one of the overlooked tech stocks to invest in.
On November 9, 2025, Bank of America Securities’ analyst Koji Ikeda reiterated his “Buy” rating on OneStream, Inc. (NASDAQ:OS) with a $33 price target. The analyst attributed his bullish stance to the company’s strong execution and sustained demand for its AI-powered finance solutions.
Earlier, on November 7, William Blair’s Jake Roberge also maintained his “Buy” rating on OneStream, Inc. (NASDAQ:OS), which he attributed to the company’s robust Q3 results, where OneStream noted a 60% growth in AI bookings. The analyst’s bullish stance also reflects the company’s expansion in the EMEA region and growing demand for its AI solutions.
On November 6, 2025, OneStream, Inc. (NASDAQ: OS) announced its financial results for the third quarter of 2025. The quarter marked a 19% YoY surge in total revenue, taking it to $154.3 million. The revenue surge was driven by a 27% growth in subscription revenue and a substantial increase in AI bookings, thanks to strong adoption of SensibleAI tools and an expansion in the EMEA region.
OneStream, Inc. (NASDAQ:OS) strengthened its position as a leader in finance modernization with recent innovations, including Modern Financial Close and AI-powered ESG Planning & Reporting. The stabilization of federal demand and plans for additional FedRAMP authorizations bolstered analyst sentiment. The company reported non-GAAP net income per share of $0.08.
OneStream, Inc. (NASDAQ:OS), a leading cloud-based enterprise finance platform, integrates financial and operational data, embeds AI for smarter planning, and helps CFOs make strategic business decisions.
1. Pagaya Technologies Ltd. (NASDAQ:PGY)
Upside Potential: 45.68%
Number of Hedge Fund Holders: 32
Pagaya Technologies Ltd. (NASDAQ:PGY) is included in our list of the overlooked tech stocks to invest in.
On November 11, 2025, Citi’s analyst Peter Christiansen revisited Pagaya Technologies Ltd. (NASDAQ:PGY)’s stock, reiterating his “Buy” rating with a $40 price target. The analyst’s bullish stance reflects the company’s strong performance in the third quarter, reflecting both operational strength and strategic execution. He particularly highlighted 19% YoY growth in network volume noted during the quarter, alongside a substantial adjusted EBITDA beat that reflected signs of efficiency and scale. Furthermore, he shed light on credit impairments, which came in well below expectations.
On November 10, 2025, Pagaya Technologies Ltd. (NASDAQ:PGY) released its Q3 earnings results. The company recorded $350 million in total revenue, up 36% YoY, driven by its record network volume of $2.8 billion. Meanwhile, adjusted EBITDA grew 91% to $107 million, helping the company record $1.02 in diluted non-GAAP adjusted earnings per share.
The quarter also marked the strengthening of the balance sheet, with continued diversification of funding, including multiple ABS transactions and a $500 million corporate bond offering. Looking ahead, Pagaya Technologies Ltd. (NASDAQ:PGY)’s management remains optimistic about sustained growth through expanding partnerships and growing demand across point-of-sale and auto segments.
Pagaya Technologies Ltd. (NASDAQ:PGY), a global AI-driven fintech company, leverages machine learning and vast data networks to make consumer credit and real estate financing more accessible.
While we acknowledge the potential of PGY 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 PGY and that has 100x upside potential, check out our report about this cheapest AI stock.
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