13 Best Tech Stocks Under $10 to Invest In

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10. indie Semiconductor Inc. (NASDAQ:INDI)

Stock Price: $3.88

Potential Upside: 49%

Number of Hedge Fund Holders: 13

indie Semiconductor Inc. (NASDAQ:INDI) is one of the best tech stocks under $10 to invest in. On September 22, Anthony Stoss, an analyst at Craig-Hallum, reaffirmed a Buy rating and $6 price target on the stock.

While the stock is down only 1% year-to-date, it has substantially underperformed the broader S&P 500 Semiconductor industry index. The smaller names are more vulnerable to cyclical headwinds, and this volatility is reflected in indie as well.

After falling to a low of $1.6 in April, the stock has recovered over the recent months. After reporting results at the start of August, the stock has risen over 5% and now trades at the middle of its 52-week range of $1.53 and $5.57.

The company provided an update on the progress of its RADAR chipset and vision products’ design wins during its Q2 2025 results call, notably its flagship 77 gigahertz RADAR chipset, which was received positively by investors. The company expects to begin production on several of these products in late 2025 and continue through 2026.

Around the same time, the company had also announced the acquisition of emotion3D GmbH, a perception software company, for $20 million in cash and $10 million in performance-based payments. The acquisition gives the company an opportunity to grow into automotive software, which is expected to be an $83 billion market by 2030 (according to research by McKinsey).

indie Semiconductor Inc. (NASDAQ:INDI) designs and manufactures next-generation semiconductors, photonics, and software platforms for the automotive industry.

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