In this article, we will look at the 12 Most Promising New Technology Stocks According to Wall Street Analysts.
On July 17, Liz Ann Sonders, Charles Schwab’s chief investment strategist, appeared on CNBC Television for an interview to discuss recent developments in the AI trade. She thinks there is more discernment in what is driving the big names in the S&P 500. As a result, the monikers are also changing as we are hearing more about the Mag 3 as compared to the Mag 7. She thinks there is an AI angle to all this as it relates to the capital expenditure of these companies.
While sharing her view on whether there is an AI bubble or not, Sonders noted that she thinks that AI, from a concentration standpoint, is a risk for individual investors who may not have been adopting a balanced approach to investment. She noted that the current market is often compared to the dot-com era, although the valuations are similarly stretched; however, the fundamentals are different. She noted that a lot of what dominated that era, apart from some big names, were stocks with no profits and no prospects of profits. However, today there are companies with actual profits and proper revenue streams. Therefore, she highlighted that an apples-to-apples comparison with the dot-com era and the AI boom is not reasonable.
With that, let’s take a look at the 12 most promising new technology stocks according to Wall Street analysts.
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Our Methodology
To curate the list of 12 most promising new technology stocks according to Wall Street analysts, we used the Finviz stock screener and CNN. Using the screener, we aggregated a list of technology stocks that have had their IPOs in the past 3 years and have an analyst upside potential of more than 30%. Next, we cross-checked the analyst upside potential from CNN and ranked the stocks in ascending order of this indicator. We have also added the number of hedge fund holders for each stock sourced from Insider Monkey’s Q1 2025 database.
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).
12 Most Promising New Technology Stocks According to Wall Street Analysts
12. Joint Stock Company Kaspi.kz (NASDAQ:KSPI)
Number of Hedge Fund Holders: 35
Analyst Upside Potential: 32.25%
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 9, Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announced that it will report its financial results for the first half and second quarter ending June 30, 2025, on Monday 4th August 2025.
The company reported its fiscal first quarter results on May 12. Its revenue reached $1.60 billion after growing 29.17% year-over-year and came in ahead of consensus by $217.57 million. Management noted that the customer engagement remained strong as monthly transactions per active customer reached 75. Moreover, the Payments TPV and transactions also grew by 23% and 17%, respectively, during the same time.
Management lowered the 2025 guidance due to the tough macroeconomic environment and now expects GMV growth between 15% to 20% as opposed to the previous guidance of 25% to 30% growth.
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is a leading Kazakhstan-based fintech company that offers online payments, e-commerce, and digital banking services.
11. NCR Atleos Corporation (NYSE:NATL)
Number of Hedge Fund Holders: 30
Analyst Upside Potential: 33.46%
NCR Atleos Corporation (NYSE:NATL) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 10, NCR Atleos Corporation (NYSE:NATL) announced that it will be managing the entire ATM network of ING.
ING is growing its services in Spain by adding over 740 new NCR Atleos ATMs. This move aims to make banking easier and more convenient for ING’s 4.4 million customers in Spain. NCR Atleos Corporation (NYSE:NATL) will not only manage the ATM network but will also handle installation, maintenance, security, and daily operations of the ATMs.
The ATM rollout will begin in July and take about 12 months to complete. ING plans to place the new machines at important locations for its customers.
NCR Atleos Corporation (NYSE:NATL) provides self-service banking solutions like ATMs and interactive teller machines. The company offers hardware, software, installation, and maintenance services to banks and businesses worldwide.
10. Klaviyo, Inc. (NYSE:KVYO)
Number of Hedge Fund Holders: 36
Analyst Upside Potential: 36.92%
Klaviyo, Inc. (NYSE:KVYO) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On June 23, Derrick Wood from TD Cowen reiterated a Buy rating on Klaviyo, Inc. (NYSE:KVYO) with a price target of $45.
The analyst noted that his positive view about the company is based on the ongoing growth. Klaviyo, Inc. (NYSE:KVYO) posted 33% year-over-year growth in the first quarter, which came in higher than expected. Moreover, the company maintained a stable net revenue retention rate of 108%, suggesting customers are sticking with the platform.
Wood noted that Klaviyo, Inc. (NYSE:KVYO) is transforming. It is moving from core email and SMS marketing to a wider B2C CRM platform. New services in marketing analytics and customer service are helping drive this shift. Notably, the company trades at a lower multiple than its competitors, and its revenue growth has outpaced many peers.
Klaviyo, Inc. (NYSE:KVYO) provides a customer relationship management platform designed for business-to-consumer brands.
9. Aeluma, Inc. (NASDAQ:ALMU)
Number of Hedge Fund Holders: 1
Analyst Upside Potential: 41.84%
Aeluma, Inc. (NASDAQ:ALMU) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 9, Aeluma, Inc. (NASDAQ:ALMU) announced securing new contracts with NASA and the US Navy to help speed up the development and commercialization of advanced quantum and sensing systems.
The company’s unique technology combines high-performance compound semiconductors with standard silicon manufacturing. This approach allows it to offer affordable solutions for fast-growing areas, including mobile devices, artificial intelligence, defense, aerospace, robotics, automotive, augmented and virtual reality, and quantum computing.
The NASA contract focuses on developing entangled photon sources. These are essential for quantum computing and secure communications. Whereas, the US Navy contract will support the development of compact, low-power imaging sensors. These will be used in the next generation of submarine systems.
Aeluma, Inc. (NASDAQ:ALMU) develops advanced semiconductor and optoelectronic devices by combining high-performance compound semiconductor materials with mass-market silicon manufacturing.
8. Unusual Machines, Inc. (NYSEAMERICAN:UMAC)
Number of Hedge Fund Holders: 2
Analyst Upside Potential: 46.34%
Unusual Machines, Inc. (NYSEAMERICAN:UMAC) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On June 18, Matthew Galinko, an analyst from Maxim Group, maintained a Buy rating on Unusual Machines, Inc. (NYSEAMERICAN:UMAC) with a price target of $16.
Galinko noted that the company recently acquired Rotor Lab, an Australian drone motor manufacturer, which enables it to focus on domestic production of drone components. The analyst highlighted that this is important because the company aims to replace foreign competitors now restricted in the US market.
On the other hand, Unusual Machines, Inc. (NYSEAMERICAN:UMAC) decided to cancel the agreement to acquire Aloft. Galinko believes this decision shows the company’s commitment to becoming a leading domestic supplier, a strategy aligned with favorable government policies that support US-based manufacturing.
Unusual Machines, Inc. (NYSEAMERICAN:UMAC) designs, manufactures, and sells small drones and essential drone components.
7. DeFi Development Corp. (NASDAQ:DFDV)
Number of Hedge Fund Holders: N/A
Analyst Upside Potential: 48.22%
DeFi Development Corp. (NASDAQ:DFDV) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 17, DeFi Development Corp. (NASDAQ:DFDV) announced the launch of DFDV Treasury Accelerator, which is a new franchise model designed to help create regional Solana treasury vehicles in different parts of the world.
The press release noted that the leading crypto partners like Kraken, Pantera, Arrington, RK Capital, and Borderless Capital are supporting this launch. DeFi Development Corp. (NASDAQ:DFDV) will help franchise partners by providing strategic, operational, and technical infrastructure. The services include validation and asset management services, treasury support, and growth guidance. In return, the company will keep equity stakes in each regional franchise.
The company is currently developing five regions and adding more every week. This plan allows it to grow internationally without diluting its shares.
DeFi Development Corp. (NASDAQ:DFDV) offers an AI-powered platform that serves commercial real estate professionals with data, software, and services. It helps investors access the Solana blockchain ecosystem through transparent treasury management.
6. ZenaTech, Inc. (NASDAQ:ZENA)
Number of Hedge Fund Holders: 1
Analyst Upside Potential: 50.00%
ZenaTech, Inc. (NASDAQ:ZENA) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 15, ZenaTech, Inc. (NASDAQ:ZENA) announced that it will rapidly expand its facilities in Phoenix, Arizona.
As part of this expansion, the company will triple its facility size to manufacture, assemble, and test drones entirely in the US. Management noted that the expansion is driven by recent US government policies. New laws and directives make it easier for American companies to build and sell drones to the military. The government is providing more funding and removing old certification barriers. These changes help companies like ZenaTech, Inc. (NASDAQ:ZENA) produce and deliver drones much faster.
ZenaTech, Inc. (NASDAQ:ZENA) specializes in artificial intelligence drones, Drone as a Service, enterprise SaaS, and quantum computing solutions. It develops and sells drone hardware and software used for inspections, surveillance, agriculture, defense, and logistics.
5. Sandisk Corporation (NASDAQ:SNDK)
Number of Hedge Fund Holders: 44
Analyst Upside Potential: 51.52%
Sandisk Corporation (NASDAQ:SNDK) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 16, Sandisk Corporation (NASDAQ:SNDK) announced that it will release its fiscal fourth quarter and full year 2025 earnings call on August 14.
The company released its fiscal third quarter results on May 7. It reported total revenue of $1.70 billion, which decreased 10% subsequently, however, exceeded expectations by $73.1 million. The EPS of -$0.30 also came in ahead of expectations by $0.09.
Management also released its fiscal fourth quarter outlook and is expecting GAAP revenue in the range of $1.75 billion and $1.85 billion. Moreover, the GAAP gross margins are expected to be between 25.3% and 26.7%.
Sandisk Corporation (NASDAQ:SNDK) designs and manufactures flash memory storage devices using NAND technology.
4. Ibotta, Inc. (NYSE:IBTA)
Number of Hedge Fund Holders: 8
Analyst Upside Potential: 57.10%
Ibotta, Inc. (NYSE:IBTA) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On June 11, Ibotta, Inc. (NYSE:IBTA) announced expanding its leadership team by hiring David Parisi as Senior Vice President of Client Partnerships and Chris Boyd as Senior Vice President of Business Marketing.
David Parisi will lead Ibotta’s efforts to grow sales in key product areas like food, beverages, beauty, and home goods. He has previously worked at Fetch and Twitter/X. On the other hand, Chris Boyd will handle the marketing efforts. He has held senior marketing roles at Seekr AI and Twitter/X.
Ibotta, Inc. (NYSE:IBTA) is a technology company that helps consumer brands deliver digital promotions and cash-back offers to shoppers.
3. Pony AI Inc. (NASDAQ:PONY)
Number of Hedge Fund Holders: 13
Analyst Upside Potential: 60.31%
Pony AI Inc. (NASDAQ:PONY) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On May 20, Ming-Hsun Lee from Bank of America Securities maintained a Buy rating on Pony AI Inc. (NASDAQ:PONY) with a price target of $21.
Lee highlighted the company’s advancements in robotaxi technology, especially its seventh-generation robotaxi now in mass production. He noted that the latest model uses 100% automotive-grade parts and has cut production costs significantly, improving unit economics and scalability.
Pony AI Inc. (NASDAQ:PONY) aims to expand its robotaxi fleet to 1,000 vehicles by the end of 2025. Moreover, the company also plans to increase service density in major Chinese cities and build international partnerships, which should boost profitability and commercial deployment. Lee highlighted that the company’s proprietary Virtual Driver technology is a key competitive advantage, integrating software, hardware, and services for reliable autonomous driving.
Pony AI Inc. (NASDAQ:PONY) is a technology company that specializes in autonomous vehicle technology. It runs fully driverless robotaxi services and develops robotrucks with safety drivers for freight delivery within a logistics network.
2. SEALSQ Corp (NASDAQ:LAES)
Number of Hedge Fund Holders: 4
Analyst Upside Potential: 67.13%
SEALSQ Corp (NASDAQ:LAES) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 17, SEALSQ Corp (NASDAQ:LAES) announced completing an important validation for its cryptographic toolbox, which is a major step with its QS7001 post-quantum hardware platform.
The company’s QS7001 post-quantum hardware platform passed tests for key security algorithms that can resist future quantum computer threats. The QS7001 is a secure hardware chip. It uses a RISC-V processor and is made to work easily with customer software. It helps keep sensitive data safe even from future quantum computers and is easy to add to new or existing products without taking up too much space or power.
Management noted that the company is now working toward high-level security certification with their next product, QVault TPM, which will expand these protections to PCs and laptops, with a launch planned for 2026.
SEALSQ Corp (NASDAQ:LAES) is a Swiss holding company that develops and sells tamper-resistant semiconductors and post-quantum technology products.
1. WeRide Inc. (NASDAQ:WRD)
Number of Hedge Fund Holders: 1
Analyst Upside Potential: 94.16%
WeRide Inc. (NASDAQ:WRD) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 17, WeRide Inc. (NASDAQ:WRD) announced the launch of its first fully driverless Robobus at Resorts World Sentosa, Singapore. The Robobus operates entirely without a safety officer on board, making it the first of its kind in Southeast Asia.
The launch comes after a full year of safe, incident-free service with tens of thousands of passengers transported. The Robobus received approval from Singapore’s Land Transport Authority after passing strict tests and safety checks. The Robobus will serve fixed routes and connect key sites like Equarius Hotel, Hotel Michael, Hotel Ora, and The Galleria on a 12-minute loop.
WeRide Inc. (NASDAQ:WRD) is a global leader in autonomous driving technology. It develops and operates self-driving vehicles, including Robotaxis, Robobuses, Robovans, and Robosweepers for smart mobility.
While we acknowledge the potential of WRD 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 WRD and that has 100x upside potential, check out our report about this cheapest AI stock.
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