For the week ending December 5, the Russell 2000 index rose by 1.58%. This gain was higher than the 0.85% rise seen in the broad S&P 500 index during the same time. Small-cap stocks have also recently benefited from expectations of interest rate cuts.
Jill Carey Hall, equity and quant strategist at Bank of America Securities, said:
“We expect small caps to outperform in 2026, with earnings to drive returns.”
She also pointed out that potential Federal Reserve rate cuts and a strong capital expenditure cycle would be solid drivers.
Previously, on November 17, Morgan Stanley had shared its global economic and strategic outlook. The firm said that risk assets are set for a strong year in 2026. This strength will come from “micro fundamentals, accelerating AI capex, and a favorable policy backdrop.”
Morgan Stanley expects US stocks to outperform other markets in 2026. The research firm prefers global stocks over bonds and credit. This view is also supported by growing AI-related capital expenditures and a favorable policy environment.
According to Morgan Stanley, the S&P 500 could reach 7,800 by the end of 2026. As of December 5, the broad market index is sitting at 6,870. This growth is expected to come from earnings gains and improvements in efficiency that will come from AI technology. However, the firm believes US small caps will outperform large-cap stocks.
With this background in mind, let’s take a look at the 15 best technology penny stocks to buy.
Image: Depositphotos
Our Methodology
To compile our list of the 15 best technology penny stocks to buy, we used the Finviz stock screener to look for stocks in the technology sector with a share price of under $5 as of December 5, 2025. We sorted our results based on market capitalization and picked the top 40 penny stocks. Next, we focused on the top 15 tech stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q3 2025 database of 978 elite hedge funds. Finally, the 15 best technology penny stocks to buy were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q3 2025.
Why do we care about what hedge funds do? 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).
15 Best Technology Penny Stocks to Buy
15. Blaize Holdings, Inc. (NASDAQ:BZAI)
Share Price: $2.41
Number of Hedge Fund Holders: 13
Blaize Holdings, Inc. (NASDAQ:BZAI) is one of the best technology penny stocks to buy. On November 14, TipRanks reported that Scott Searle from Roth MKM reiterated the firm’s Buy rating on Blaize Holdings, Inc. (NASDAQ:BZAI) with a price target of $8.50.
On the same day, DA Davison also reaffirmed its Buy rating on Blaize Holdings, Inc. (NASDAQ:BZAI) and kept the price target at $10. These updates came after the company released its Q3 2025 earnings report. Blaize Holdings, Inc. (NASDAQ:BZAI) delivered a strong performance and beat the top-line growth expectations, which led to an increase in the lower end of the company’s revenue guidance range.
Blaize Holdings, Inc. (NASDAQ:BZAI) reported $11.9 million in revenue for the quarter, surpassing the upper end of the previous guidance range of $11.0 to $11.5 million. The third quarter was important for the company and it showed a 499% increase in revenue compared to the previous quarter. Blaize Holdings, Inc. (NASDAQ:BZAI) is seeing an acceleration in the adoption of its Hybrid AI platform in key regions, thanks to major customer programs and growing partnerships.
The company also expanded its commercial deployments and advanced collaborations in the Middle East, South Asia, and in industrial and sovereign AI infrastructure.
DA Davison pointed out that Blaize Holdings, Inc. (NASDAQ:BZAI) is starting to ship initial capacity related to its Starshine contract. The company has started delivering on its $120 million multi-year contract with Starshine, which supports Hybrid AI technology for smart urban infrastructure, agriculture, and industrial uses in Asia. This contract allows energy-efficient intelligence for city operations and business. The company also plans to explore more opportunities in this region in 2026.
Blaize Holdings, Inc. (NASDAQ:BZAI) is a technology company that provides a full-stack programmable processor architecture suite and a low-code/no-code software platform designed to support AI processing solutions for high-performance computing in edge devices and data centers.
14. Ribbon Communications Inc. (NASDAQ:RBBN)
Share Price: $2.89
Number of Hedge Fund Holders: 14
Ribbon Communications Inc. (NASDAQ:RBBN) is one of the best technology penny stocks to buy. On November 17, Citizens reaffirmed its Market Outperform rating for Ribbon Communications Inc. (NASDAQ:RBBN). The research firm has a price target of $6 on the stock.
The firm’s analysts pointed out several strong reasons for this positive outlook. Citizens noted that Ribbon Communications Inc. (NASDAQ:RBBN) offers a suite of products that is in a good position to benefit from the global rollout of 5G technology. The growth of generative AI is also expected to increase network traffic, which should support the demand for the company’s services.
Additionally, the US government’s incentives to modernize networks are expected to support Ribbon Communications Inc.’s (NASDAQ:RBBN) future growth. Citizens highlighted the company’s profitable Cloud and Edge business, which serves as a strong foundation for the company to expand. Ribbon Communications Inc. (NASDAQ:RBBN) has a large market opportunity, with more than $10 billion in serviceable addressable market. This shows that the company has a lot of room for growth.
The research firm also mentioned that Ribbon Communications Inc. (NASDAQ:RBBN) has a strong presence in international markets, and this is seen as a positive factor for investors.
Citizens also identified the shift away from legacy copper networks and the ongoing adoption of cloud technologies as positive factors that support the investment thesis for Ribbon Communications Inc. (NASDAQ:RBBN).
Ribbon Communications Inc. (NASDAQ:RBBN) is a technology company that provides communications software, IP, and optical networking solutions to service providers, enterprises, and critical infrastructure sectors.
13. Rezolve AI PLC (NASDAQ:RZLV)
Share Price: $2.79
Number of Hedge Fund Holders: 14
Rezolve AI PLC (NASDAQ:RZLV) is one of the best technology penny stocks to buy. On December 1, Rezolve AI PLC (NASDAQ:RZLV) announced that it is acquiring Crownpeak. This step marks an important leap forward by bringing together Crownpeak’s enterprise-grade digital experience platform with Rezolve AI PLC’s (NASDAQ:RZLV) Brain Suite as the company aims to create an unparalleled presence in the AI economy.
With this acquisition, Rezolve AI PLC (NASDAQ:RZLV) will gain more scale, recurring revenue, and a valuable customer base. Crownpeak serves well-known companies in Retail, Fashion, Beauty, Manufacturing, and Financial Services. Some of these clients include Harvey Nichols, Tommy Hilfiger, Calvin Klein, Sephora, Dr Martens, Converse, and Commerzbank.
Rezolve AI PLC (NASDAQ:RZLV) views this acquisition as a strategic and cost-efficient move that will help it grow. It is acquiring a proven business for an attractive cost. Crownpeak is a profitable business expected to make about $70 million this year. Rezolve AI PLC (NASDAQ:RZLV) will pay an initial purchase price of $90 million for the business and will take on approximately $150 million in debt.
The company expects Crownpeak to be immediately accretive to EBITDA. Crownpeak’s strong presence in the US, UK, and EMEA regions will also strengthen Rezolve AI PLC’s (NASDAQ:RZLV) enterprise AI footprint across global markets.
Rezolve AI PLC (NASDAQ:RZLV) is a leader in AI-powered solutions for the retail and e-commerce sectors, focused on improving customer engagement, operational efficiency, and sales by delivering advanced AI-driven tools.
12. Rimini Street, Inc. (NASDAQ:RMNI)
Share Price: $4.16
Number of Hedge Fund Holders: 15
Rimini Street, Inc. (NASDAQ:RMNI) is one of the best technology penny stocks to buy. On December 4, Alliance Global Partners analyst Brian Kinstlinger reaffirmed a Buy rating on Rimini Street, Inc. (NASDAQ:RMNI). The firm has a price target of $6 on the stock.
In other news, on December 3, Rimini Street, Inc. (NASDAQ:RMNI) announced its new product called Rimini Agentic UX, which is a smart, AI-powered user engagement layer that is designed to make running Enterprise Resource Planning (ERP) processes faster and more cost-effective. It offers persona- and role-based automation and improves productivity without needing expensive ERP software upgrades or migrations.
According to the report by Rimini Street, Inc. (NASDAQ:RMNI), the new Rimini Agentic UX incorporates AI-driven orchestration and automation with UX design principles to offer a single, composable interface for managing enterprise workflows. It helps clients work more efficiently by reducing manual effort, simplifying processes with AI-powered productivity, and improving visibility across operations to enhance efficiency and operating speed.
Rimini Agentic UX sits on top of existing ERP Software and offers smart Agentic AI automation to transform ERP Process execution across enterprises at scale, helping organizations achieve better business outcomes with savings, speed, and agility.
Rimini Street, Inc. (NASDAQ:RMNI) a global provider of end-to-end enterprise software support and services. It is a leading third-party support provider for Oracle, SAP, and VMware software.
11. Riskified Ltd. (NYSE:RSKD)
Share Price: $4.91
Number of Hedge Fund Holders: 18
Riskified Ltd. (NYSE:RSKD) is one of the best technology penny stocks to buy. On November 14, Truist Financial analyst Terry Tillman reaffirmed the firm’s Buy rating on Riskified Ltd. (NYSE:RSKD) with a price target of $8.
Also on November 14, JPMorgan upgraded the rating on Riskified Ltd. (NYSE:RSKD) from Underweight to Neutral with a price target of $6. This decision came after the company reported strong results for its third quarter of 2025. The company showed faster growth in volume, revenue, and gross profit compared to previous quarters. This performance was supported by continued success in upselling and improvements in the company’s models.
JPMorgan noted that the company’s cost discipline helped Riskified Ltd. (NYSE:RSKD) deliver a “healthy” adjusted EBITDA beat for the quarter. The company’s management also raised its full-year 2025 forecast, which indicates further growth in gross profit going forward.
The company’s updated guidance suggests about 15% adjusted EBITDA margins in the fourth quarter of 2025, which JPMorgan sees as positive. The research firm also pointed out improvements in Riskified Ltd.’s (NYSE:RSKD) models that helped boost gross profit growth in the third quarter. JPMorgan believes these improvements should be sustainable.
Even though the research firm upgraded the stock rating, it said it is “on the sidelines for now” because of uncertain economic conditions. However, JPMorgan noted that Riskified Ltd. (NYSE:RSKD) could see a rise in its valuation in 2026 if the company continues to perform well and grow its margins.
Riskified Ltd. (NYSE:RSKD) is a global leader in e-commerce fraud prevention and risk intelligence. It protects online businesses from chargebacks, fraud, and policy abuse while also helping improve customer retention.
10. Wipro Limited (NYSE:WIT)
Share Price: $2.85
Number of Hedge Fund Holders: 19
Wipro Limited (NYSE:WIT) is one of the best technology penny stocks to buy. On December 2, Wipro Limited (NYSE:WIT) announced that it has completed its acquisition of the Digital Transformation Solutions (DTS) business unit of HARMAN. This update comes after the completion of all necessary regulatory approvals.
This deal for acquiring DTS was first announced in August 2025. Now, DTS will start operating as a part of Wipro Limited’s (NYSE:WIT) Engineering Global Business Line. The completion of this acquisition is an important step for the company as it aims to improve its AI technology, engineering innovation, and research and development capabilities.
According to the report by Wipro Limited (NYSE:WIT), this acquisition will bring strong capabilities in product engineering and digital transformation services. DTS will also bring expertise in embodied AI, embedded software, device engineering, and customer experience platforms.
DTS’s abilities will combine with Wipro Limited’s (NYSE:WIT) AI-powered consulting expertise. Additionally, HARMAN’s AI solutions will be integrated with Wipro Intelligence, the company’s suite of AI platforms, solutions, and transformative offerings. This combination will help Wipro Limited (NYSE:WIT) offer unique and connected experiences and strengthen its position as a top engineering services firm worldwide.
As a result of this, the company expects that it will be able to deliver measurable business value, innovate at scale, and support complex transformations across different sectors more effectively.
Wipro Limited (NYSE:WIT) is a global Indian AI-powered technology services and consulting company focused on creating innovative solutions that support digital transformation needs.
9. Repay Holdings Corporation (NASDAQ:RPAY)
Share Price: $3.50
Number of Hedge Fund Holders: 21
Repay Holdings Corporation (NASDAQ:RPAY) is one of the best technology penny stocks to buy. On November 20, Repay Holdings Corporation (NASDAQ:RPAY) presented at the Stephens Investment Conference and shared its strategic plans for future growth. The company faced some challenges earlier in 2024, such as negative growth and margin pressures. However, Repay Holdings Corporation (NASDAQ:RPAY) is still focused on growing its market presence and improving its tech offerings.
To support future growth, Repay Holdings Corporation (NASDAQ:RPAY) is investing in technology and sales development. The company is focusing on B2B payments and engaging consumers through new and creative solutions. It is aiming to keep its EBITDA margins strong and achieve more than 50% free cash flow conversion by the end of 2025.
The company’s go-to-market strategy involves investing in enterprise sales, technology and client engagement. John Morris, CEO of Repay Holdings Corporation (NASDAQ:RPAY), said that investments made last year in enterprise sales are now showing strong results and bookings are healthy this year.
In B2B payments, growth is coming from automating accounts payable (AP). Repay Holdings Corporation (NASDAQ:RPAY) is focusing heavily on AP because the company believes automation here offers huge opportunities. The company is embedding its services in enterprise platforms and believes this will help monetize this large untapped market.
In support of this, Repay Holdings Corporation (NASDAQ:RPAY) has also built its own vendor network, which now includes up to 524,000 vendors.
Repay Holdings Corporation (NASDAQ:RPAY) is a payments technology company that offers integrated payment processing solutions to verticals with specific transaction processing needs.
8. Cricut, Inc. (NASDAQ:CRCT)
Share Price: $4.97
Number of Hedge Fund Holders: 22
Cricut, Inc. (NASDAQ:CRCT) is one of the best technology penny stocks to buy. On December 5, Barclays analyst Adrienne Yih reiterated a Sell rating on Cricut, Inc. (NASDAQ:CRCT) with a price target of $4.00.
Previously, on November 17, Citi also reduced its price target on Cricut, Inc. (NASDAQ:CRCT) from $4.50 to $4 and maintained its Sell rating. This update came after the company reported its Q3 2025 earnings.
For Q3 2025, Cricut, Inc. (NASDAQ:CRCT) reported revenue of $170.4 million, which represents only a 2% increase year-over-year. Platform revenue grew by 7% compared to Q3 2024 to reach $82.8 million. However, product revenue dropped by 3% to $87.7 million.
Cricut, Inc.’s (NASDAQ:CRCT) net income was $20.5 million, representing 12% of revenue. Impressively, this was a significant improvement of 29% compared to Q3 2024, when the net income was $11.5 million or 6.8% of revenue.
This performance was supported by a 6% year-over-year increase in Paid Subscribers, which reached over 3 million. Cricut, Inc. (NASDAQ:CRCT) reported that the average revenue per user (APRU) increased by 4% to $54.96. However, Active Users remained flat and 90-Day Engaged Users fell 3% year-over-year to 3.4 million.
The company is making efforts to speed up its execution and is increasing investments to support future revenue growth while also navigating the uncertainty introduced by tariffs. These investments focus on hardware product development, materials, engagement, marketing, and raising awareness in its international markets.
Cricut, Inc. (NASDAQ:CRCT) is a creative technology company that provides a platform for do-it-yourself projects. It offers hardware and design software, a diverse collection of materials, smart cutting machines, and other unique tools.
7. Sabre Corporation (NASDAQ:SABR)
Share Price: $1.63
Number of Hedge Fund Holders: 22
Sabre Corporation (NASDAQ:SABR) is one of the best technology penny stocks to buy. On November 20, Sabre Corporation (NASDAQ:SABR) reported that it is launching SabreMosaic Concierge IQ. This is an all-in-one AI chat solution designed for airlines to help travelers plan, book, and manage their trips through one easy conversation.
This new chat tool is built on Sabre Corporation’s (NASDAQ:SABR) IQ artificial intelligence layer and goes beyond just flights to also include hotels, ancillaries, and third-party offers. SabreMosaic Concierge IQ brings smart conversation technology to all stages of travel.
According to the report by Sabre Corporation (NASDAQ:SABR), Concierge IQ utilizes a large language model (LLM) AI to understand layered questions and intentions. This helps the tool provide accurate and bookable results. Sabre Corporation (NASDAQ:SABR) said that Concierge IQ will enable brands to offer scalable personalization that is genuine, which can increase their annual revenues.
Concierge IQ can be used by travelers for a chat on different platforms like web, airline mobile apps, and WhatsApp. Travelers can look for and book tailored recommendations of the best routes, dates, and stays according to their budget, all without switching apps or waiting on hold. When it is time to pay, Concierge IQ directs travelers to redeem loyalty points, different payment methods, or both together.
Besides planning and booking, Concierge IQ offers support throughout the travel journey. If plans change, travelers can ask Concierge IQ to rebook, redeem miles, get refunds, or track bags in the same chat. This new solution by Sabre Corporation (NASDAQ:SABR) understands the situation and intent to respond with care, making what used to take hours happen in seconds.
Sabre Corporation (NASDAQ:SABR) is a leading global travel technology company focused on helping airlines, hoteliers, agencies and other partners to retail, distribute, and fulfill travel worldwide.
6. Backblaze, Inc. (NASDAQ:BLZE)
Share Price: $4.99
Number of Hedge Fund Holders: 24
Backblaze, Inc. (NASDAQ:BLZE) is one of the best technology penny stocks to buy. On December 2, TipRanks reported that Lake Street analyst Eric Martinuzzi reiterated a Buy rating on Backblaze, Inc. (NASDAQ:BLZE) with a price target of $10.
In other news, on November 18, Backblaze, Inc. (NASDAQ:BLZE) announced a new partnership for its B2 Cloud Storage platform with Shareio. Shareio is a new platform that helps creators earn money from their digital content while keeping it safe with strong security and clear economics.
According to the report by Backblaze, Inc. (NASDAQ:BLZE), Shareio is helping address critical gaps in the creator economy by allowing creators to safely store, distribute, and monetize creative assets without depending on restrictive platforms that charge huge fees or have unclear charges.
The integration of Backblaze, Inc.’s (NASDAQ:BLZE) B2 Cloud Storage with Shario’s platform will allow creators to store their work cost-effectively and also keep full control over distribution and monetization. This will remove unexpected fees and limitations that are common on other cloud platforms.
Backblaze, Inc. (NASDAQ:BLZE) is a cloud storage and data backup company that helps support AI workflows, power data-heavy applications, streamline media management, and protect critical data.
5. Clarivate Plc (NYSE:CLVT)
Share Price: $3.62
Number of Hedge Fund Holders: 25
Clarivate Plc (NYSE:CLVT) is one of the best technology penny stocks to buy. On December 4, RBC Capital lowered its price target on Clarivate Plc (NYSE:CLVT) from $6 to $5 and maintained its hold rating on the stock.
In other news, on November 24, Clarivate Plc (NYSE:CLVT) reported that it is launching Derwent Patent Monitor. This new software simplifies intellectual property (IP) and research and development collaborative patent reviews when evaluating patentability, freedom to operate (FTO), and opposition or assertion.
Derwent Patent Monitor is built on proprietary data from the Derwent World Patents Index (DWPI), which is the world’s largest database of more than 67 million invention summaries. Over 850 Clarivate Plc (NYSE:CLVT) experts wrote these summaries in order to help teams review patents of interest faster.
This new tool uses AI to evaluate possible threats. This speeds up first-pass reviews (Threat Analysis) to highlight the biggest risks for stakeholders. This helps patent professionals proceed with more trust and speed.
Clarivate Plc (NYSE:CLVT) has built Derwent Patent Monitor to make collaboration easier. It helps improve efficiency through structured, project-based reviews and removes the need for using emails or spreadsheets. This keeps everyone in the team aligned and informed for quicker patient checks.
Clarivate Plc (NYSE:CLVT) is a global company that offers data, insights and analytics, and workflow solutions and services in the areas of Academia & Government, Intellectual Property, and Life Sciences & Healthcare.
4. Xerox Holdings Corporation (NASDAQ:XRX)
Share Price: $2.69
Number of Hedge Fund Holders: 32
Xerox Holdings Corporation (NASDAQ:XRX) is one of the best technology penny stocks to buy. On November 19, Xerox Holdings Corporation (NASDAQ:XRX) announced the launch of its new product called XeroxTM TriShield 360 Cyber Solution, which is a complete cybersecurity service made using Palo Alto Networks Cortex XDR technology. It is designed to provide enterprise-grade protection for small- and medium-sized businesses.
According to the report by Xerox Holdings Corporation (NASDAQ:XRX), this new solution combines 24/7 monitoring with advanced detection technology that offers real-time threat detection and response. It also offers financial protection by collaborating with Lumifi and its Security Operations Center.
Xerox TriShield 360 Cyber Solution makes cybersecurity easier and removes the need for managing separate cybersecurity tools and providers. This new solution by Xerox Holdings Corporation (NASDAQ:XRX) also includes insurance options to help clients immediately improve their security and recover faster from cyber incidents.
The new cyber solution protects computers, infrastructure, and networks from new and evolving cyber threats. It uses AI-driven analytics and automatically fixes issues.
Xerox Holdings Corporation (NASDAQ:XRX) is an American multinational corporation that provides workplace solutions including advanced print, digital, and AI-driven technologies, software, and services.
3. Marqeta, Inc. (NASDAQ:MQ)
Share Price: $4.66
Number of Hedge Fund Holders: 34
Marqeta, Inc. (NASDAQ:MQ) is one of the best technology penny stocks to buy. On November 18, Marqeta, Inc. (NASDAQ:MQ) presented at Citi’s 14th Annual FinTech Conference and shared updates about its strategic growth.
Mike Milotich, CEO of Marqeta, Inc. (NASDAQ:MQ), confirmed that the company is actively looking for a new Chief Financial Officer (CFO) to strengthen its leadership team. Marqeta, Inc. (NASDAQ:MQ) expects its Adjusted EBITDA to more than triple year-over-year and reach over $100 million this year. Last year, it was $29 million. Additionally, the company expects to achieve GAAP profitability by 2026.
Milotich pointed out that the company’s growth in Europe remains strong. Marqeta, Inc. (NASDAQ:MQ) has seen over 100% growth in Europe for many quarters. Milotich said that the company’s platform’s scale and flexibility are especially unique in Europe, more so than in the US, and that there is less competition in the European market.
The company’s acquisition of TransactPay has helped it offer program management in Europe using EMI (E-Money Institution) licenses. This is helping support operations in both the UK and the EU and facilitate smoother transitions for customers between the US and Europe.
Additionally, Milotich explained that many large European players want one company that can offer processing, program management, and EMI licensing all in one. Before acquiring TransactPay, Marqeta, Inc. (NASDAQ:MQ) could not serve this high-end market, which holds the most volume and the largest opportunities.
Marqeta, Inc. (NASDAQ:MQ) is a financial technology company that provides a modern open API platform that helps businesses customize cards, instantly issue cards, and use modern payment solutions.
2. Blend Labs, Inc. (NYSE:BLND)
Share Price: $3.11
Number of Hedge Fund Holders: 35
Blend Labs, Inc. (NYSE:BLND) is one of the best technology penny stocks to buy. On November 19, Blend Labs, Inc. (NYSE:BLND) shared its strategic direction at the Wells Fargo 9th Annual TMT Summit.
CEO Nima Ghamsari talked about the company’s focus on integrating AI into its platform. Blend Labs, Inc. (NYSE:BLND) is using AI to make mortgage processing faster and more efficient. The company also reached an important milestone by increasing its gross margin to 78%.
Blend Labs, Inc. (NYSE:BLND) shifted its focus away from some non-core businesses, such as income verification and homeowners insurance to focus more on its core software offerings. These efforts have helped the company to achieve non-GAAP operating profitability.
Additionally, the company is developing its Rapid Suite of products to make the loan application more efficient. The Rapid Suite of products integrates income, assets, credit, loan pricing, and loan decisions. Blend Labs, Inc. (NYSE:BLND) expects that the introduction of Rapid Home Equity will double its revenue per loan unit. The company is confident about its position in the market and sees good opportunities for future growth.
Blend Labs, Inc. (NYSE:BLND) offers digital banking solutions through its cloud origination platform for banks, credit unions, and mortgage lenders. It helps financial services firms simplify and manage consumer lending, mortgage applications, and deposit accounts.
1. Alight, Inc. (NYSE:ALIT)
Share Price: $2.04
Number of Hedge Fund Holders: 39
Alight, Inc. (NYSE:ALIT) is one of the best technology penny stocks to buy. On November 25, D.A. Davidson reiterated its Buy rating on Alight, Inc. (NYSE:ALIT) with a price target of $6.
In other news, Alight, Inc. (NYSE:ALIT) announced a leadership change. It said that Rohit Verma will become the new Chief Executive Officer (CEO) and join the Board of Directors starting January 1, 2026. Dave Guilmette will leave his roles as CEO and Board member on December 31, 2025.
According to the report by Alight, Inc. (NYSE:ALIT), Verma is currently the president and CEO of Crawford & Company. He also serves on its board. Crawford is known for providing claims management and outsourcing solutions to insurance companies and self-insured groups. While leading Crawford & Company, Verma led the company to four consecutive years of record revenue growth.
Verma brings strong expertise in finance, strategy, business operations, and mergers and acquisitions. His people-first leadership style focuses on client centricity and fits well with Alight, Inc.’s (NYSE:ALIT) focus on managing client and partner relationships and offering innovative benefits administration.
Alight, Inc. (NYSE:ALIT) is a leading cloud-based human capital technology and services provider. The company’s Alight Worklife platform helps organizations manage employee benefits like healthcare, payroll, and wellbeing.
While we acknowledge the potential of ALIT 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 ALIT and that has a 100x upside potential, check out our report about the cheapest AI stock.
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Disclosure: None.
