In this article, we will look at the 12 Tech Stocks with the Lowest P/E Ratios.
On September 19, Meena Flynn, Goldman Sachs’ global private wealth management co-head, joined CNBC for an interview to discuss her market outlook now that the stocks are trading at all-time highs. She advised investors to stay invested despite stocks being at all-time highs. She also encouraged putting incremental capital to work over a 6 to 18-month timeframe. Flynn expects market drawdowns, with an 80% chance of a 10% drop, but notes that valuations alone are not the best predictor of returns. She highlighted that since December 2016, during high valuation periods, markets have returned about 200%, which suggests that earnings remain the key focus.
While talking about client sentiment, Flynn notes that the sentiment is mixed as wealth management clients are generally on the neutral to risk-on side. She highlighted that some family offices are planning to reduce cash holdings and increase equity exposure. She also noted that despite the high market levels, hedge funds remain moderately net long and mutual funds hold significant cash, indicating potential for further investment.
Moreover, the fiscal stimulus and AI-driven capital expenditures also support the market outlook. Flynn noted that AI spending has doubled over two years but is still a smaller percentage of cash flow than during the tech bubble, suggesting that the bubble conditions no longer exist.
With that, let’s take a look at the 12 tech stocks with the lowest P/E ratios.
Our Methodology
To curate the list of 12 tech stocks with the lowest P/E ratios, we used the Finviz Stock Screener, Seeking Alpha, and Insider Monkey’s Q2 2025 hedge funds database as our sources. Using the screener, we aggregated a list of technology stocks trading below the forward P/E of 15. Next, we checked the P/E ratios from Seeking Alpha and ranked the stocks in ascending order of the number of hedge fund holders. Please note that the data was recorded on September 17, 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
12 Tech Stocks with the Lowest P/E Ratios
12. Gen Digital Inc. (NASDAQ:GEN)
Forward P/E Ratio: 11.34
Number of Hedge Fund Holders: 39
Gen Digital Inc. (NASDAQ:GEN) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 16, Gen Digital Inc. (NASDAQ:GEN)’s Norton announced partnering with Intel to enhance AI-powered scam detection on Intel Core Ultra processors.
Management noted that the Norton 360 customers with Norton Genie Scam Protection now have access to advanced deepfake protection on AI PCs using these latest processors. The partnership allows deepfake analysis directly on devices without sending data to the cloud. This keeps user data private and speeds up detection by leveraging Intel’s processing power.
Moreover, Norton instantly scans suspicious video and audio content to warn users of potential financial or personal fraud. The solution supports videos on YouTube and Facebook, with plans to expand to other platforms. It is currently available in the US, UK, Australia, and New Zealand.
Gen Digital Inc. offers cyber safety products under brands like Norton, Avast, and LifeLock. It provides protection for devices against malware, viruses, and other online threats.
11. Corpay, Inc. (NYSE:CPAY)
Forward P/E Ratio: 14.48
Number of Hedge Fund Holders: 42
Corpay, Inc. (NYSE:CPAY) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 8, Corpay, Inc. (NYSE:CPAY) announced its multi-year deal with the International Tennis Federation.
As part of this deal, Corpay, Inc. (NYSE:CPAY) will be the official foreign exchange partner for both the International Tennis Federation and the Davis Cup. Moreover, the Federation will also be able to use the company’s innovative cross-border payment solutions to reduce risks from currency exchange fluctuations. It will also benefit from the company’s platform by enabling easy management of global payments from a single solution.
Corpay, Inc. (NYSE:CPAY) is a tech-based corporate payments company that helps businesses and consumers manage expenses like vehicle costs, travel, and vendor payments.
10. SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)
Forward P/E Ratio: 14.93
Number of Hedge Fund Holders: 43
SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 3, SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) announced extending its service agreement with The Private Office (TPO), which is a top independent chartered financial planning firm in the UK.
Management noted that they support TPO’s digital-first wealth management platform, including customer service, dealing, custody, settlement, and regulatory support under the Client Assets Source Book. TPO uses the company’s Hubwise platform to assist over 50 advisors who serve 2,900 clients managing assets worth $2.8 billion. The platform helps advisors deliver services like pensions management, investing, tax planning, and cash management.
As part of this agreement, SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) will also develop TPO Invest, which is an adviser platform that offers a user-friendly digital interface and access to various investment products.
SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) provides software and services that automate complex business processes for financial services and healthcare industries.
9. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)
Forward P/E Ratio: 13.39
Number of Hedge Fund Holders: 47
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 15, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) announced its strategic partnership with the North Carolina Turnpike Authority to develop a next-generation tolling back-office system.
The system aims to modernize toll operations by creating a scalable, API driven platform that integrates with partners, including Mastercard and Volvo Car USA. As a result of this new platform, drivers will be able to pay tolls directly through Volvo’s vehicle infotainment systems. This is expected to enable a proof of concept for infrastructure-less tolling, allowing immediate toll revenue recognition for NCTA.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a global IT services company that helps businesses modernize through digital technology.
8. Zoom Communications Inc. (NASDAQ:ZM)
Forward P/E Ratio: 14.41
Number of Hedge Fund Holders: 48
Zoom Communications Inc. (NASDAQ:ZM) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 18, Joshua Reilly from Needham maintained a Buy rating on Zoom Communications Inc. (NASDAQ:ZM) with a price target of $100.
The analyst noted the company’s latest Zoomtopia conference, where it showcased how it is integrating agentic workflows. The company showcased AI Companion 3.0, which is a free upgrade within Zoom Workplace and offers a significant upgrade from its predecessor.
Moreover, Zoom Communications Inc. (NASDAQ:ZM) is also strengthening channel relationships in the US and internationally. Reiley believes that this is expected to drive enterprise revenue growth. The analyst also notes that the company’s Zoom business has stabilized. They expect the company to deliver mid-single-digit total revenue growth for FY26, higher than the current 3.5% guidance.
Zoom Communications Inc. (NASDAQ:ZM) offers an AI-powered work platform called Zoom Workplace that enhances collaboration and communication.
7. Fidelity National Information Services, Inc. (NYSE:FIS)
Forward P/E Ratio: 13.03
Number of Hedge Fund Holders: 49
Fidelity National Information Services, Inc. (NYSE:FIS) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 17, Fidelity National Information Services, Inc. (NYSE:FIS) announced its new Bank Modernization Framework. The framework is aimed at helping banks modernize their entire technology ecosystem.
Management noted that this will allow banks to start their modernization journey from any part of their tech stack, including digital channels, data and AI, or open banking integrations. The approach is flexible and component-based, letting banks upgrade strategically where it matters most.
This is important as traditional modernization methods are risky and costly. The FIS framework uses data-driven insights to offer customized modernization paths for each client, and supports incremental upgrades, adopting best-of-breed components, and full core system transformation.
Fidelity National Information Services, Inc. (NYSE:FIS) is a global financial technology company that provides software and services to banks, financial institutions, and businesses to help process transactions and manage financial operations.
6. HP Inc. (NYSE:HPQ)
Forward P/E Ratio: 8.9
Number of Hedge Fund Holders: 51
HP Inc. (NYSE:HPQ) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. Wall Street has a mixed opinion on the stock even after the company topped estimates in its fiscal third quarter of 2025. HP Inc. (NYSE:HPQ) delivered a revenue of $13.93 billion, up 3.05% year-over-year and ahead of expectations by 226.47 million. The EPS of $0.75 also stayed in line with the consensus.
However, regardless of the outperformance, analysts have a mixed opinion. On September 3, Asiya Merchant from Citi reiterated a Hold rating on the stock, with a price target of $29. Moreover, on September 10, Amit Daryanani from Evercore ISI also downgraded the stock from Buy to Hold while keeping the price target of $29.
On the other hand, on September 5, Samik Chatterjee from J.P. Morgan reiterated a Buy rating on the stock, while raising the price target from $29 to $30.
HP Inc. (NYSE:HPQ) is a global provider of personal computing devices, printing products, and related technologies and services.
5. Dell Technologies Inc. (NYSE:DELL)
Forward P/E Ratio: 13.3
Number of Hedge Fund Holders: 54
Dell Technologies Inc. (NYSE:DELL) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 8, Amit Daryanani from Evercore ISI reiterated a Buy rating on Dell Technologies Inc. (NYSE:DELL) with a price target of $160.
The analyst highlighted that the company’s financial outlook remains stable despite the recent resignation of CFO Yvonne McGill. The company notified that no changes have been made to the targets or the capital allocation plans. The analyst notes that this has reassured investors about the company’s financial health. Moreover, the company is also actively searching for a new CFO who can support its strategic goals.
Dell Technologies Inc. (NYSE:DELL) has reaffirmed its near-term financial guidance and plans to share its long-term update on the upcoming investor day.
Dell Technologies Inc. (NYSE:DELL) designs, manufactures, and sells a wide range of technology products and services.
4. Global Payments Inc. (NYSE:GPN)
Forward P/E Ratio: 6.9
Number of Hedge Fund Holders: 57
Global Payments Inc. (NYSE:GPN) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 10, Global Payments Inc. (NYSE:GPN) announced the launch of its Genius Solution for enterprise customers in the US. The platform targets large-scale quick service and fast casual restaurants, sports venues, and managed foodservice environments.
Management noted that the platform integrates many functions into one system. It includes point of sale, kitchen management, back office, payments, drive-thru, kiosks, and digital signage. Moreover, there is a tailored version for managed foodservice settings such as schools and healthcare systems.
The platform also supports multiple payment tender types and ensures EMV-compliant, secure transactions. In addition, the drive-thru system uses cameras and AI for smooth order flow.
Global Payments Inc. (NYSE:GPN) is a global payments technology company that provides software and services to businesses of all sizes.
3. Hewlett Packard Enterprise Company (NYSE:HPE)
Forward P/E Ratio: 13.08
Number of Hedge Fund Holders: 60
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. Wall Street has a mixed opinion on Hewlett Packard Enterprise Company (NYSE:HPE) despite the company topping estimates for its fiscal third quarter of 2025.
Hewlett Packard Enterprise Company (NYSE:HPE) released its FQ3 2025 results on September 3. It delivered a revenue of $9.14 billion, up 18.50% year-over-year and ahead of consensus by $310.07 million. The EPS of $0.44 also topped estimates by $0.02.
Despite this outperformance, several analysts have a Hold rating on the stock. For instance, on September 15, Mark Newman from Bernstein reiterated a Hold rating on Hewlett Packard Enterprise Company (NYSE:HPE) with a price target of $24. Similarly, earlier on September 8, Ananda Baruah from Loop Capital reiterated a Hold rating on the stock while raising the price target from $18 to $23.
Regardless of the caution ratings, management remains confident and has raised its full-year guidance from 7% to 9% revenue growth to 14% to 16% growth.
Hewlett Packard Enterprise Company (NYSE:HPE) provides technology solutions that connect edge devices to the cloud.
2. QUALCOMM Incorporated (NASDAQ:QCOM)
Forward P/E Ratio: 13.55
Number of Hedge Fund Holders: 76
QUALCOMM Incorporated (NASDAQ:QCOM) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 10, QUALCOMM Incorporated (NASDAQ:QCOM) announced its partnership with HARMAN to deliver advanced cockpit solutions. The aim of this collaboration is to transform the in-car experience, making vehicles update and adapt like smartphones.
Management noted that this partnership integrates QUALCOMM Incorporated (NASDAQ:QCOM)’s Snapdragon Cockpit Elite platforms with HARMAN’s Ready product portfolio. Together, both companies will develop AI-driven features like real-time ADAS visualization, situational intelligence, and user interfaces that respond to driver and passenger emotions and preferences.
Moreover, the collaboration targets OEMs in Europe and China, where demand for connected and responsive vehicles is growing. Additionally, the companies are also advancing HARMAN’s Central Compute portfolio with Snapdragon Ride Elite and Flex SoCs.
QUALCOMM Incorporated (NASDAQ:QCOM) is a tech company that develops and commercializes technologies for wireless communication, including 3G, 4G, and 5G. It also designs and supplies semiconductor chips and system software used in smartphones, connected devices, and automotive systems.
1. Fiserv, Inc. (NYSE:FI)
Forward P/E Ratio: 13.03
Number of Hedge Fund Holders: 94
Fiserv, Inc. (NYSE:FI) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. Wall Street is bullish on Fiserv, Inc. (NYSE:FI); however, several analysts have been reducing price targets since the company released its fiscal second-quarter results for 2025. The company topped EPS estimates by $0.04; however, the revenue fell short by $3.25 million.
The stock has been down more than 19% since the announcement on July 23, 2025. Management noted that the revenue grew 8% year-over-year, with the Merchant Solutions segment contributing by growing 10%. However, Fiserv, Inc. (NYSE:FI) reduced the full-year guidance based on the year-to-date performance and business activity. The company now expects revenue to grow 10% down from the previous expectation of 10% to 12% growth.
Following the update, several analysts have reduced their price targets on the stock. On August 25, Harshita Rawat from Bernstein reduced the price target from $214 to $205, while reiterating a Buy rating. Later, on August 28, Dominick Gabriele from Compass Point also reduced the price target from $244 to $193, and he also reiterated a Buy rating on the stock.
Fiserv, Inc. (NYSE:FI) is a global technology company that provides payment and financial services solutions.
While we acknowledge the potential of FI 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 FI and that has 100x upside potential, check out our report about this cheapest AI stock.
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