14 Best Technology Penny Stocks to Buy According to Analysts

Page 11 of 13

3. VTEX (NYSE:VTEX)

Share Price: $4.31

Average Price Target Upside Potential According to Analysts: 108.82%

Number of Hedge Fund Holders: 14

VTEX (NYSE:VTEX) is one of the best technology penny stocks to buy according to analysts. On August 7, JPMorgan downgraded VTEX (NYSE:VTEX) from Overweight to Neutral and reduced its price target from $7.50 to $6.00.

This decision came after the company reported results for the second quarter of 2025. VTEX (NYSE:VTEX) reported that subscription revenue grew by 11.2% compared to the same time last year. However, this fell short of the company’s guidance range of 12.5% to 15.5%.

JPMorgan noted that weaker performance in key markets of Argentina and Brazil was the main reason behind the disappointing performance. VTEX (NYSE:VTEX) also lowered its full-year 2025 growth guidance to 9%-12%, down from its earlier outlook of 14%-17%.

Despite this, JPMorgan pointed out that the company’s margins surpassed expectations. This prompted VTEX (NYSE:VTEX) to raise its margin guidance for the year.

VTEX (NYSE:VTEX) provides an enterprise digital commerce platform for brands, retailers, and manufacturers to create and manage their e-commerce strategies.

Page 11 of 13