In this article, we explore the 13 Best Affordable Tech Stocks to Buy Right Now.
The technology sector has been the powerhouse of the US equity market for the past several years, but signs of fatigue are emerging. Data shows that although the broad market has seen modest gains, tech heavy indexes have lagged.
Interestingly, not all tech companies have underperformed. In fact, a Barron’s analysis found a sharp divergence. Since January 28, when Microsoft’s earnings report kicked off a wave of selling in tech, said Barron’s, the sector has declined about 6%.
However, Barron’s noted that this route has been concentrated almost entirely in the largest technology companies. For instance, the equal-weighted S&P 500, which treats all stocks equally regardless of market capitalization, has risen about 5.4% year-to-date and closed at a record on February 6, said Barron’s. Contrarily, the capitalization-weighted S&P 500 is up just 1% for the year.
“The market’s character already had undergone a significant transformation, one that resembled what followed the dot-com boom at the end of the last century: Technology stocks ceded their leadership to a broader swath of the market,” wrote Randall Forsyth in Barron’s.
The pressure on the tech giants stems from unprecedented artificial-intelligence capex. For context, just three Magnificent 7 companies have outlined plans to spend a combined $660 billion on AI build-out in 2026. This is a 60% rise from their 2025 spending, according to the Financial Times.
This reality has worried Michiel Plakman, head of global equity at Robeco, who told the FT: “We are worried in places where we see huge increases in spending but we cannot see what the pay-off is going to be.”
Against this backdrop, affordable tech stocks, those trading at more modest valuations below the mega-cap tier, present a compelling opportunity. In fact, according to Morningstar, the median US tech stock is currently undervalued; the sector was trading at a 16% discount to fair value as of late January. This article highlights some of these affordable tech stocks positioned to benefit as market leadership broadens beyond the Magnificent 7.
Source: Pixabay
Our Methodology
For our list of the best affordable tech stocks to buy right now, we used the Finviz stock screener to identify US-listed tech stocks with P/E ratios under 20. We then shortlisted the 11 best names by looking at their upside potential and selected the stocks with the highest upside. We also considered institutional conviction based on hedge fund holdings as of Q3 2025. The stocks are ranked from the lowest to the highest upside potential.
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).
Note: The stock’s upside potential and Forward P/E data are as of February 8, 2026.
Best Affordable Tech Stocks to Buy Right Now
13. Infosys Limited (NYSE:INFY)
Forward P/E: 19.46
Upside Potential: 21.30%
Number of Hedge Fund Holders: 29
Infosys Limited (NYSE:INFY) is one of the best affordable tech stocks to buy right now. On January 27, Infosys Limited (NYSE:INFY) entered into a collaboration with Cursor, an artificial-intelligence-powered development platform, to accelerate AI adoption in software engineering for global enterprises.
According to the press release, the partnership will establish a dedicated Center of Excellence, or CoE, that will serve as a hub for developing AI-native products. The CoE will integrate Cursor’s enterprise-grade, AI-assisted development capabilities with Infosys Topaz Fabric. The latter is Infosys’ agentic services suite that unifies infrastructure, models, data, applications, and workflows into a single ecosystem. The goal is to help enterprises accelerate the development of AI-native products and modernize complex enterprise systems with greater speed, consistency, and quality, said Infosys.
Separately, on January 15, TD Cowen’s Bryan Bergin maintained a Hold rating on Infosys stock and raised the price target to $18 from $17. Bergin also updated his financial model to reflect an improved growth outlook for the company following recent guidance revisions.
Bergin’s action followed Infosys’ better-than-expected Q3 revenue, which the analyst cited as the key factor. Other factors backing up his action are large deals and a continued healthy pipeline, said the analyst. He added that Infosys’ implied Q4 2026 exit rate of approximately 5% supports growth acceleration in FY27. The analyst expects Street estimates to move higher following the results.
Infosys Limited (NYSE:INFY) is a global IT services and consulting company headquartered in Bengaluru, India. The company has operations spanning more than 50 countries where it specializes in digital transformation, cloud services, artificial intelligence, and business process outsourcing.
12. Gartner, Inc. (NYSE:IT)
Forward P/E: 12.08
Upside Potential: 21.99%
Number of Hedge Fund Holders: 42
Gartner, Inc. (NYSE:IT) is one of the best affordable tech stocks to buy right now. On February 6, Truist Securities sharply lowered its price target on Gartner, Inc. (NYSE:IT) to $170 from $300 while maintaining a Buy rating. The downgrade followed weaker-than-expected fourth-quarter contract value (CV) results and muted 2026 guidance, suggesting a slower recovery than previously anticipated.
Analyst Jasper Bibb highlighted that Gartner’s management continues to face a difficult selling environment for its research and advisory services and noted that recent broad changes to its Insights product offering contributed to the reduced target, even as the firm maintained a positive long-term outlook.
That same day, BMO Capital also cut its price target on Gartner to $188 from $258, maintaining a Market Perform rating. Gartner’s shares have been under heavy pressure, dropping 27.47% in the past week and 71.55% over the last year.
BMO pointed out that while Gartner delivered a margin-driven earnings beat aided by share buybacks, contract value growth remains challenged by federal government customer churn and a tough sales environment. The company’s aggressive repurchase program has supported earnings per share of $11.54 and a P/E ratio of 13.73, but CV growth remains the key concern.
Management has outlined a four-dimensional process to reinvigorate contract value growth, though BMO noted it may take a couple of years to see full benefits. Gartner’s 2026 guidance was described as “at least” in line but lighter than consensus expectations, with management anticipating acceleration in CV growth later in the year. BMO reduced its estimates alongside the price target cut, marking another downward revision for the research and advisory firm as it works through a challenging environment.
Gartner, Inc. (NYSE:IT) is a global research and advisory firm operating across the United States, Canada, Europe, the Middle East, Africa, and other international markets. The company conducts its business through three segments: Research, Conferences, and Consulting.
11. Super Micro Computer, Inc. (NASDAQ:SMCI)
Forward P/E: 15.15
Upside Potential: 26.42%
Number of Hedge Fund Holders: 42
Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the best affordable tech stocks to buy right now. On February 4, Goldman Sachs analyst Katherine Murphy maintained a Sell rating on Super Micro Computer, Inc. (NASDAQ:SMCI) and also kept the $27 price target unchanged. Murphy maintained this bearish stance even after Super Micro’s Q2 FY2026 EPS came in at $0.69, well ahead of Goldman Sachs’ expected $0.50 and the broader Wall Street consensus of $0.49.
The analyst expressed caution regarding the stock despite robust demand. And for this, she cited several factors, including uncertainty around the timing of margin improvements and competitive dynamics in the AI server market. Upcoming technology transitions that could disrupt current product lines and ongoing component shortages that complicate production planning are also key factors, noted Murphy.
Murphy also pointed out that Super Micro’s revenue for the quarter reached $12.7 billion. This surpassed the company’s own guidance range of $10 billion to $11 billion. But despite this beat, the 6.4% gross margins undershot the 6.5% anticipated. The analyst attributed the margin compression to a greater mix of large customers wielding significant pricing power, combined with expedited shipping costs.
Meanwhile, on February 4, Needham cut its price target on Super Micro to $40 from $51 and maintained a Buy rating. The firm attributed its decision to lower margin expectations, despite continued strong demand for artificial-intelligence infrastructure. Needham noted that Super Micro’s recent results demonstrated strong revenue performance, but profitability concerns remain a key focus.
Super Micro Computer, Inc. (NASDAQ:SMCI) designs, develops, and manufactures server and storage systems used in cloud computing, artificial intelligence, and enterprise data centers. Its product portfolio includes rackmount servers, GPU-optimized systems, and modular solutions that support AI workloads, 5G/edge computing, and hyperscale deployments.
10. HP Inc. (NYSE:HPQ)
Forward P/E: 6.27
Upside Potential: 30.55%
Number of Hedge Fund Holders: 42
HP Inc. (NYSE:HPQ) is one of the best affordable tech stocks to buy right now. A Nikkei report on February 5 stated that HP Inc. (NYSE:HPQ) is one of four companies that are actively considering sourcing memory chips from Chinese manufacturers for the first time. According to the report, this is a significant shift in procurement strategy for the world’s leading PC brands, who traditionally rely on American, South Korean, and Taiwanese suppliers for critical components.
Already, Dell and HP have begun qualifying DRAM chips from ChangXin Memory Technologies. This process involves testing the components to ensure they meet quality and performance standards. Meanwhile, Acer and Asus are requesting that their Chinese manufacturing partners source locally-made memory chips for production.
The four companies’ move happens when the world is experiencing a severe memory shortage that has disrupted electronics supply chains, said Nikkei. It added that Samsung, SK Hynix, and Micron, which collectively control over 90% of the DRAM market, have redirected the majority of their manufacturing capacity toward producing high-bandwidth memory (HBM) for AI data centers.
Separately, on February 3, HP renewed its multi-year agreement with Karamba Security to continue licensing Karamba’s XGuard cybersecurity software for use across its printer products. The renewal extends a partnership that began in 2020 for three more years.
According to HP, the agreement covers its networked and cloud-connected printers, which are treated as computing devices with firmware that can be targeted by cyberattacks. Karamba’s XGuard technology is integrated into the firmware to help defend against threats.
HP Inc. (NYSE:HPQ) develops and sells personal computers, printers, and related hardware, software, and services. Its product portfolio includes laptops, desktops, printers, and imaging solutions, serving both consumer and enterprise markets worldwide.
9. Genpact Limited (NYSE:G)
Forward P/E: 18.32
Upside Potential: 35.28%
Number of Hedge Fund Holders: 36
Genpact Limited (NYSE:G) is one of the best affordable tech stocks to buy right now. On February 6, BMO Capital analyst Keith Bachman lowered the price target on Genpact Limited (NYSE:G) to $44 from $48 and maintained a Market Perform rating.
Bachman made this adjustment despite noting that Genpact delivered solid results with mid- to high-single-digit growth and margin expansion. In his defense, the analyst said that there is pronounced ongoing negative AI-related sentiment affecting the broader IT services and software sectors. And as such, Bachman stated that IT services companies broadly will remain range-bound despite solid results over the near/medium-term.
Independent of the analyst action, Genpact released its Q4 2025 earnings on February 5. Net revenue for the quarter grew 5.6% year over year to $1.319 billion, and exceeded the $1.31 billion that Wall Street expected. Adjusted diluted EPS reached $0.97, up 6.6% from the prior year and beating consensus estimates by roughly $0.03. Management noted the company exceeded its own expectations for the quarter.
For the complete FY2025, Genpact’s net revenues were a record-setting $5.08 billion, up 6.6% year-over-year. Adjusted diluted EPS rose 11.3% to $3.65, marking the fifth consecutive year that earnings grew faster than revenue. The story is the same across key metrics: adjusted operating income increased 9.0% to $888 million, adjusted operating margin expanded to 17.5%, and gross profit improved 8.3% to $1.83 billion.
And for the upcoming first quarter, Genpact guided revenue in the range of $1.282 billion to $1.294 billion (5.5% to 6.5% growth). Management expects adjusted diluted EPS of $0.92 to $0.93, and noted that Advanced Technology Solutions, or ATS, growth should accelerate to high-teens year-over-year.
Genpact Limited (NYSE:G) provides business process management and IT services. The company’s operations focus on streamlining enterprise processes through automation, artificial intelligence, and cloud-based solutions.
8. Dell Technologies Inc. (NYSE:DELL)
Forward P/E: 10.21
Upside Potential: 36.80%
Number of Hedge Fund Holders: 51
Dell Technologies Inc. (NYSE:DELL) is one of the best affordable tech stocks to buy right now. On February 9, the Piper Sandler analyst team, led by James Fish, maintained its Overweight rating on Dell Technologies Inc. (NYSE:DELL) but flagged a cautious outlook ahead of the company’s earnings announcement.
The analysts described Dell’s earnings setup for calendar year 2026 as “concerning to mixed.” They said that Dell has been performing well in certain areas, but overall, the company faces a more difficult setup than many of its peers. They pointed to Dell’s “cost+” pricing model and rising component costs as factors that could pressure gross and operating margins in the coming periods. As a result, the analysts forecasted Dell’s FY27 revenue to begin at roughly $120 billion.
This note comes just three and a half months after Piper Sandler initiated coverage of Dell on October 22, 2025, with the same Overweight rating and a $172 price target. And the cautious stance contrasts with earlier optimism from November 2025, when the firm maintained this rating and highlighted Dell as a beneficiary of AI traction.
Independently of the analyst action, on January 28, Dell partnered with NxtGen AI Pvt Ltd to build what it described as India’s first and largest dedicated AI factory. The project’s goal is to expand India’s domestic AI computing capacity. According to Dell, the AI infrastructure deployment will include over 4,000 NVIDIA Blackwell GPUs, NVIDIA BlueField-3 DPUs and NVIDIA Spectrum-X Ethernet networking. The infrastructure is designed to handle demanding model training and inference tasks.
Dell Technologies Inc. (NYSE:DELL) develops and sells personal computers, servers, storage devices, networking equipment, and IT solutions. Its product portfolio includes laptops, desktops, workstations, and enterprise infrastructure systems. These are complemented by services in cloud computing and cybersecurity.
7. Gen Digital Inc. (NASDAQ:GEN)
Forward P/E: 8.61
Upside Potential: 44.90%
Number of Hedge Fund Holders: 46
Gen Digital Inc. (NASDAQ:GEN) is one of the best affordable tech stocks to buy right now. On February 5, Gen Digital Inc. (NASDAQ:GEN) released its earnings for Q3 FY2026 ended January 2, 2026, and reported $1.24 billion in revenue. This is a 26% year over year growth and beat the analyst consensus estimates of approximately $1.23 billion. Non-GAAP diluted EPS rose 14% year over year to $0.64, also surpassing consensus estimates by roughly $0.01.
Management detailed that quarterly bookings reached $1.32 billion for the first time in record, a 27% year over year growth. This is the third consecutive quarter of double-digit bookings growth. And this growth came on the back of a strong adoption of the company’s AI-powered security and financial wellness solutions, noted management.
As a result, management increased its FY2026 revenue guidance to a range of $4.955 billion to $4.975 billion, up from the prior range of $4.92 billion to $4.97 billion. They cited continued momentum in the business. Non-GAAP EPS guidance was also raised to $2.54 to $2.56; the previous range was from $2.51 to $2.56. And for Q4, management expects revenue between $1.24 billion and $1.26 billion and non-GAAP EPS between $0.64 and $0.66.
In a different update, on February 4, Gen Digital and Equifax expanded their partnership designed to integrate their respective data assets and technology platforms to help consumers better manage their financial and digital lives with enhanced security and personalized insights.
Under the expanded terms, Gen Digital will incorporate Equifax’s differentiated financial health and fraud data into its AI-powered portfolio. On its part, Equifax will leverage Gen Digital’s “Engine by Gen” platform to provide personalized financial product recommendations to US consumers accessing their myEquifax accounts.
Gen Digital Inc. (NASDAQ:GEN) develops cybersecurity software and services for consumers and small businesses. Its product range covers antivirus protection, identity theft prevention, and VPN solutions.
6. Box, Inc. (NYSE:BOX)
Forward P/E: 16.39
Upside Potential: 56.31%
Number of Hedge Fund Holders: 35
Box, Inc. (NYSE:BOX) is one of the best affordable tech stocks to buy right now. On January 19, DA Davidson identified Box Inc (NYSE:BOX) as one of its top software stock picks for 2026. The firm also gave the stock a Buy rating.
DA Davidson said their Buy rating is supported by customers continuing to upgrade to the company’s Enterprise Advanced tier. The firm sees this as a catalyst for future sales growth.
Despite Box guiding total year over year revenue growth at 8% for calendar 2025, DA Davidson believes the company has a path to double-digit revenue growth beyond that level. The analysts pointed to seat growth trending better than expectations, and suggested that Box is gaining more users or expanding usage within existing accounts.
The firm emphasized that Box is realizing the high end of expected pricing uplift when customers upgrade, which the analysts said indicates that its monetization efforts are working as intended. It noted that Box’s 12x calendar year 2026 free cash flow, suggesting there is potential for multiple expansion if the company can demonstrate sustained growth.
Separately, Box Extract reached general availability on January 15. This product is Box’s latest expansion into intelligent content management, and which transforms how enterprises unlock value from unstructured data.
Box Extract is an AI-powered data extraction tool that automatically transforms unstructured enterprise content into structured, actionable metadata. Unlike traditional OCR tools that simply digitize text, Box Extract uses an “agentic” approach powered by leading generative AI models.
Box, Inc. (NYSE:BOX) provides cloud content management and collaboration software. Its platform integrates with applications such as Microsoft 365, Google Workspace, and Salesforce, and supports enterprise workflows in industries including healthcare, financial services, and government.
5. Sony Group Corporation (NYSE:SONY)
Forward P/E: 16.39
Upside Potential: 58.59%
Number of Hedge Fund Holders: 22
Sony Group Corporation (NYSE:SONY) is one of the best affordable tech stocks to buy right now. On February 5, Sony Group Corporation (NYSE:SONY) released its Q3 FY2025 earnings in which it reported quarterly revenue of ¥3.71 trillion ($23.68 billion). The figure is a 1% year over year growth and edges past the expected ¥3.69 trillion. Management noted that the growth was possible due to favorable foreign exchange rates and strong performance in high-margin entertainment and semiconductor segments. These offset softness in hardware sales.
Management added that operating profit jumped 22% year-over-year to ¥515 billion ($3.28 billion). This far outpaces the analyst consensus estimates of approximately ¥469 billion. And this outperformance came on the back of robust profitability in the Imaging & Sensing Solutions division, management said.
As a result, management lifted its FY2025 operating profit forecast by 8% to ¥1.54 trillion. They said the higher forecast is supported by sustained profitability across entertainment and semiconductor businesses. The company also raised its full-year revenue projection by 3% to ¥12.3 trillion while maintaining its estimated tariff impact at ¥50 billion.
Meanwhile, Bloomberg reported on January 28 that Sony Music Group, a component of Sony Group, and Singapore’s sovereign wealth fund GIC Pte Ltd had established a joint venture to acquire and manage high-quality music catalog assets across various genres. The partnership is one of the largest institutional investments into music rights to date; the investment vehicle is expected to deploy between $2 billion and $3 billion, per Bloomberg.
Under the agreement, GIC will provide long-term capital and investment expertise, said Bloomberg. On the other hand, Sony Music will contribute its operational capabilities, global distribution infrastructure, and century-plus industry experience. Sony Music will also handle the administration of acquired catalogs, including distribution to streaming platforms and licensing for films, television, advertising, and other media uses. Sony Bank Inc., a subsidiary of Sony Financial Holdings, is also participating in the investment partnership.
Sony Group Corporation (NYSE:SONY) designs, develops, and sells electronic equipment, gaming consoles, music, movies, and imaging devices. Its business segments include Electronics Products & Solutions, Game & Network Services, Music, Pictures, and Imaging & Sensing Solutions.
4. Open Text Corporation (NASDAQ:OTEX)
Forward P/E: 6.01
Upside Potential: 60.16%
Number of Hedge Fund Holders: 14
Open Text Corporation (NASDAQ:OTEX) is one of the best affordable tech stocks to buy right now. Open Text Corporation (NASDAQ:OTEX) released its earnings for the December-ending quarter on February 5 and reported $1.33 billion quarterly revenue. The revenue is a 0.6% year over year decline but surpassed the $1.29 billion that analysts anticipated. Management attributed the modest top-line contraction to the company’s strategic pivot away from non-core assets. They noted that the faster-growing core business, particularly content management, is expanding at roughly twice the pace of total revenues.
Management stated that Cloud revenue grew 3.4% year over year to $478 million. This is the twentieth consecutive quarter of organic cloud growth. This growth was driven by the Content Cloud business, which generated 43% of total revenue and grew 4.5% overall, noted management. Enterprise cloud bookings jumped 18% year over year to $295 million, outpacing the company’s full-year guidance range of 12-16% growth.
Management reiterated its FY2026 guidance for total revenue growth of 1% to 2% and cloud revenue growth of 3% to 4%. This outlook, stated management, reflects the completed divestiture of eDOCS and Vertica.
OpenText divested the Vertica analytics business on February 2 to Rocket Software Inc. for US $150 million in cash. The deal will close during FY 2026 subject to customary regulatory approvals and closing conditions. Before that, the company had on January 12 divested its eDOCS on-premise solution to NetDocuments. The deal was finalized for $163 million in cash.
Open Text Corporation (NASDAQ:OTEX) develops and sells enterprise information management software. This includes solutions for content services, business networks, cybersecurity, and digital experience. Its products help organizations manage, secure, and analyze large volumes of data across cloud and on-premises environments.
3. Kyndryl Holdings, Inc. (NYSE:KD)
Forward P/E: 7.16
Upside Potential: 69.91%
Number of Hedge Fund Holders: 24
Kyndryl Holdings, Inc. (NYSE:KD) is one of the best affordable tech stocks to buy right now. On February 3, Guggenheim analyst Jonathan Lee maintained a Buy rating on Kyndryl Holdings, Inc. (NYSE:KD) and lowered the price target to $28 from $30. Lee made this adjustment in a preview ahead of Kyndryl’s third-quarter earnings report, citing concerns about potential deal slippages that could impact Kyndryl’s revenue growth outlook for FY2026.
Lee expects signings to improve recent deal slippages. However, he sees risk that management trims its FY26 revenue growth outlook to reflect deal ramps. Nonetheless, he noted that management’s second-half growth bridge should support a relatively better second half of fiscal 2026.
Independent of the analyst action, on January 23, Kyndryl extended its technology services agreement with The Hertz Corporation for five more years. The deal continues a partnership between the two companies, under which Kyndryl has been supporting Hertz’s technology transformation initiatives.
During the extension period, Kyndryl will leverage its Agentic AI Framework and Kyndryl Consult services to modernize Hertz’s technology ecosystem. The Agentic AI Framework is designed to update workflows by deploying AI across the organization’s entire operation. And Kyndryl Consult assists companies in transitioning from existing infrastructure to AI-native setups.
Kyndryl Holdings, Inc. (NYSE:KD) provides IT infrastructure services, including cloud migration, network management, cybersecurity, and digital workplace solutions. The company was spun off from IBM in 2021 and operates globally with a focus on modernizing legacy systems and supporting digital transformation.
2. Dynatrace, Inc. (NYSE:DT)
Forward P/E: 18.21
Upside Potential: 74.78%
Number of Hedge Fund Holders: 40
Dynatrace, Inc. (NYSE:DT) is one of the best affordable tech stocks to buy right now. On February 4, KeyBanc Capital Markets’ Eric Heath lowered his price target on Dynatrace Inc (NYSE:DT) to $50 from $60 and maintained an Overweight rating on the shares. This is Heath’s second price target reduction in less than a month; he cut from $69 to $60 on January 12. For this second cut, Heath cited a “mixed outlook” as the rationale.
Nevertheless, the analyst noted that several “idiosyncratic drivers” could accelerate Dynatrace’s Annual Recurring Revenue, or ARR, in Q3; they include the company’s Dynatrace Platform Services (DPS) driving consumption growth, improving go-to-market productivity, and the scaling of its log management capabilities. And the positive customer feedback at Dynatrace’s recent Perform conference is another bright point, noted Heath.
But despite the potential catalysts, KeyBanc acknowledged that investor sentiment remains cautious. The firm noted that Dynatrace isn’t widely viewed as the market leader in a competitive landscape. It also faces questions about its relevance to AI-native companies, stated Heath.
Late last month, on January 30, Rosenblatt took KeyBanc’s direction by cutting its price target on Dynatrace from $67 to $60 but left the Buy rating unchanged. The firm said that the price target cut reflected comparable multiple compression and ongoing macro spending concerns impacting enterprise software.
Rosenblatt said it expected Dynatrace to report in-line third-quarter results. It anticipated a 16% growth in subscription revenue, 17% ARR, and Net Revenue Retention (NRR) around 111% at the upcoming earnings release. They also expected progress from Dynatrace’s sales coverage realignment around higher-value strategic accounts as a positive factor in the company’s growth outlook.
Dynatrace, Inc. (NYSE:DT) provides software intelligence solutions for monitoring and optimizing application performance, cloud infrastructure, and digital user experiences. Its platform uses artificial intelligence to deliver observability across applications, microservices, and hybrid cloud environments.
1. ZoomInfo Technologies Inc. (NASDAQ:GTM)
Forward P/E: 6.61
Upside Potential: 76.99%
Number of Hedge Fund Holders: 39
ZoomInfo Technologies Inc. (NASDAQ:GTM) is one of the best affordable tech stocks to buy right now. On February 3, Piper Sandler analyst Billy Fitzsimmons maintained a Neutral rating on ZoomInfo Technologies Inc. (NASDAQ:GTM) and lowered the price target to $9 from $12. The price target cut was part of a broader Piper Sandler research note that lowered targets across multiple software companies amid what the firm described as a “structural bearish outlook” triggered by artificial intelligence trends.
Fitzsimmons noted that seat-compression and vibe coding narratives could set a ceiling on multiples. He added that his firm is not making a specific call on upcoming fourth-quarter reports, and suggested that the target change is driven more by sector dynamics than by immediate earnings expectations.
Separately, on the same day, February 3, Jefferies cut its price target on ZoomInfo to $12 from $16.00 while maintaining a Buy rating.
Less than a month ago, on January 12, Barclays analyst Raimo Lenschow maintained an Equal Weight rating on ZoomInfo and lowered the price target to $12 from $14. Lenschow said the key factor behind the decision was that stock valuation levels are low and the software sector is out of favor. Nonetheless, the analyst noted that macro and IT spending are stable, which could support the case that the software industry remains a favorable setup for 2026.
ZoomInfo Technologies Inc. (NASDAQ:GTM) provides a cloud-based platform for sales, marketing, and recruiting professionals. It offers business intelligence and data analytics to help organizations identify and connect with potential customers. Its solutions include company profiles, contact information, and workflow automation tools.
While we acknowledge the potential of ZoomInfo Technologies Inc. (NASDAQ:GTM) as an investment, 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 GTM and that has 100x upside potential, check out our report about this cheapest AI stock.
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