13 Best Tech Stocks Under $10 to Invest In

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2. Marqeta Inc. (NASDAQ:MQ)

Stock Price: $5.34

Potential Upside: 31%

Number of Hedge Fund Holders: 31

Marqeta Inc. (NASDAQ:MQ) is one of the best tech stocks under $10 to invest in. On September 9, Sanjay Sakhrani, an analyst at Keefe, Bruyette & Woods (KBW), reiterated his Hold rating on the stock, maintaining his price target of $6.50 intact.

This update followed Marqeta’s announcement of its CEO appointment on September 8. The company named Mike Milotich as permanent Chief Executive Officer and added him to the Board of Directors. Milotich had taken on the interim CEO role in February 2025, and has also been serving as Chief Financial Officer since 2022. He will continue in his role as CFO until a successor is appointed.

The Board highlighted Milotich’s role in strengthening Marqeta’s operations and financial performance over the past year. His experience at Visa, PayPal, and American Express has given him strong industry knowledge, which the Board believes positions him well to lead the company’s next phase of growth.

The stock has seen a very strong performance this year under his leadership, with a rally of nearly 42%.

On his appointment, Mr. Milotich stated:

“We’ve made significant progress in advancing our strategic initiatives and sharpening our focus on execution, and I believe in our ability to further accelerate this work as we move forward. I look forward to continuing to work alongside our talented team to pursue and capture the immense market opportunities, enable innovation and business expansion for our customers, and drive enhanced value creation.”

Marqeta Inc. (NASDAQ:MQ) operates a card-issuing platform that provides infrastructure and tools for building and managing payment solutions. Its cloud-based, open API platform enables businesses to create customized debit, credit, and prepaid card programs.

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