11 Ridiculously Cheap Stocks to Invest in

3. Upland Software, Inc. (NASDAQ:UPLD)

Forward P/E as of April 17: 3.00

Upland Software, Inc. (NASDAQ:UPLD) is an AI-powered cloud software that provides a range of cloud-based enterprise work management solutions for the information technology, process excellence, finance, professional services, and marketing functions within an organization. From corporations and government agencies to small- and medium-sized enterprises, this Texas-based company serves a wide clientele. The tech giant claims to boost revenue, reduce costs, and deliver immediate value for its users.

Although the past performance of the stock hasn’t been quite remarkable, we believe that things will change. Upland Software, Inc. (NASDAQ:UPLD) is anticipating to boost sales in FY25 due to revamping its sales team, reducing financial debt to save interest costs, and expanding operating margins through the current cost refinements.

UPLD is a stock with a one-year price target of $4.25, indicating an upside of more than 80%. As mentioned in their earnings call, the management expects to see some positive growth trajectory, guiding to 2.5% core organic growth in 2025. This positive outlook is based on the entry of 110 new clients in Q4 and an expanded relationship with 291 existing customers, with expectations of more in the times ahead.

Upland Software, Inc. (NASDAQ:UPLD)’s strategic investments are what we are counting on. The recent investment in tech-centred India enhances the development capacity and allows the company to empower AI in its product portfolio, particularly the BA Insight. To lead the AI life, the company has also developed an AI-driven agent assistant, Panviva, and an AI Assist, Qvidian.

For anyone who wants to play the risky stock game, UPLD is just the stock with high risk but good upside potential.