On July 3, the Global Head of Tech Research at Wedbush, Dan Ives, joined CNBC to suggest that he expects a multi-year tech rally. Ives stated that he believes they are only at the beginning of a golden age for tech. Certain areas within technology currently exhibit elevated valuations, which has led some to draw comparisons to frothy times in recent market history. Ives countered this by calling such comparisons apples to oranges, and argued that the current AI trend is the biggest tech trend that the market has seen in the last 4 to 5 decades. He believes that focusing solely on valuations would have caused investors to miss every transformational tech stock over the past 2 decades. He advised looking at growth prospects over the next 3 to 5 years and asserted that tech is undervalued relative to its potential.
He attributed this disconnect to bears who cannot fully grasp the impact of AI in their spreadsheets, which explains his firm’s strong bullish stance across software, cybersecurity, and the broader tech ecosystem. Ives also mentioned where he expects the real outperformance within his tech coverage universe. He believes that while the MAG7 stocks could see a 20% increase in the second half of this year, the true outperformance would be in software and cybersecurity. He stated that this is where the AI revolution’s use cases will play out that farthest.
A techie working at a server station in a telecommunications building.
Methodology
We sifted through the Finviz stock screener to compile a list of the top tech stocks that went public in the last 2 years. We then selected the 16 stocks with an upside potential of over 25% as of July 10. The stocks are ranked in ascending order of their upside potential. We have also added the hedge fund sentiment for each stock, as of Q1 2025, which was sourced from Insider Monkey’s database.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
16 Best New Tech Stocks With Huge Upside Potential
16. Ingram Micro Holding Corporation (NYSE:INGM)
Number of Hedge Fund Holders: 13
Average Upside Potential as of July 10: 18.20%
Ingram Micro Holding Corporation (NYSE:INGM) is one of the best new tech stocks with huge upside potential. On July 5, Ingram Micro Holding reported that the company experienced a significant cybersecurity incident over the July 4th holiday weekend in 2025.
The company initially detected ransomware on certain internal systems, which prompted immediate action to secure the environment, such as proactively taking some systems offline and implementing other mitigation measures.
Ingram launched an investigation with cybersecurity experts and notified law enforcement. The cyberattack was attributed to the SafePay ransomware group and reportedly began a day prior, on July 3. The company confirmed on July 8 that the incident was contained and remediated, and by late July 9, Ingram Micro had restored operations globally.
Ingram Micro Holding Corporation (NYSE:INGM) distributes IT products, cloud, and other services in North America, Europe, the Middle East, Africa, the Asia-Pacific, Latin America, and internationally.
15. OneStream Inc. (NASDAQ: OS)
Number of Hedge Fund Holders: 22
Average Upside Potential as of July 10: 20.16%
OneStream Inc. (NASDAQ:OS) is one of the best new tech stocks with huge upside potential. Earlier in May, OneStream unveiled a series of enhancements at its Splash 2025 user conference. The new offerings include Productivity Tools, a certified Power BI Connector integration with Microsoft Fabric, and the release of Version 9 of the OneStream Platform.
The OneStream Productivity Tools consist of Allocations, which is a user-friendly and no-coding solution to enable finance professionals to easily build and manage allocation models. Another tool would be Analytic Drill-Down, which is a dynamic interface that allows front-line users to drill into multiple dimensions for real-time variance analysis. Then there’s Admin Assist, which is a collection of 35+ reports and utilities that streamline security, metadata, and performance management.
OneStream also expanded its data integration capabilities with the Power BI Connector for Microsoft Fabric. The new integration allows users to natively combine and analyze OneStream data with other enterprise sources within Microsoft Fabric. This fosters new insights across the business by using an end-to-end, intelligent solution widely adopted by finance leaders. Additionally, Version 9 of the OneStream Platform reached general availability.
OneStream Inc. (NASDAQ:OS) delivers a unified, AI-enabled, and extensible software platform in the US and internationally.
14. NCR Atleos Corporation (NYSE:NATL)
Number of Hedge Fund Holders: 30
Average Upside Potential as of July 10: 20.34%
NCR Atleos Corporation (NYSE:NATL) is one of the best new tech stocks with huge upside potential. On July 1, NCR Atleos Corporation announced a partnership with DirectPay and iXchange to expand cash access for consumers in Greece. DirectPay and iXchange are both part of the same group and will use Atleos’ owned and operated ATM platform, which is known as the Cashzone Network, to provide convenient and secure cash access.
DirectPay is a financial and payment services provider in Greece that operates 1,300+ agent locations. The company’s services include MoneyGram money transfers, bill payments, cash-to-bank deposits, and other financial services. iXchange offers foreign currency exchange, money transfers, and bill payment services.
This expansion addresses a specific need in Greece, as the European Central Bank/ECB’s “2024 SPACE” consumer payment behavior study indicates that Greek consumers rely on ATMs for cash more than any other channel or Eurozone country, yet face challenges in accessing cash.
NCR Atleos Corporation (NYSE:NATL) is a financial technology company that provides self-directed banking solutions to financial institutions, merchants, manufacturers, retailers, and consumers.
13. Diebold Nixdorf Incorporated (NYSE:DBD)
Number of Hedge Fund Holders: 17
Average Upside Potential as of July 10: 27.89%
Diebold Nixdorf Incorporated (NYSE:DBD) is one of the best new tech stocks with huge upside potential. On July 9, Diebold Nixdorf announced the deployment of its Interactive Teller Machines/ITMs at Kuwait International Bank/KIB.
This implementation marks an advancement in KIB’s customer service, integrating self-service convenience with personalized banking. The project was executed in collaboration with Axis Solutions, which is a premier provider of advanced banking technology solutions and Diebold Nixdorf’s licensed partner in Kuwait.
Additional services provided by the ITMs include: cash withdrawal & deposit beyond standard limits, check deposit & encashment, instant card printing & activation for new/replacement debit cards, accessibility features like voice guidance & tactile keypads for visually impaired customers, and the ability to update Civil ID information directly at the ITM.
Diebold Nixdorf Incorporated (NYSE:DBD) automates, digitizes, and transforms the way people bank and shop worldwide. It operates through 2 segments: Banking and Retail. Kuwait International Bank (or KIB) is a bank that operates according to the Islamic Shari’ah, based in the State of Kuwait.
12. SailPoint Inc. (NASDAQ:SAIL)
Number of Hedge Fund Holders: 41
Average Upside Potential as of July 10: 29.06%
SailPoint Inc. (NASDAQ:SAIL) is one of the best new tech stocks with huge upside potential. On July 8, SailPoint announced that its Data Access Security product, which is integrated within the SailPoint Identity Security Cloud, has achieved Federal Risk and Authorization Management Program/FedRAMP Moderate authorization.
This authorization enables federal agencies, the defense industrial base, and other companies with federal contracts to access an integrated data access security solution designed to protect critical data within distributed workforces.
SailPoint Data Access Security is now available on AWS GovCloud and is authorized at the FedRAMP Moderate impact level. It aligns with key Federal Identity, Credential, and Access Management & NIST Cybersecurity Framework requirements. The FedRAMP-authorized SailPoint Identity Security Cloud is a SaaS-based solution that forms the foundation for zero trust by providing visibility and control over access to applications, systems, and sensitive data.
SailPoint Inc. (NASDAQ:SAIL) delivers solutions to enable identity security for the enterprise in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
11. Klaviyo Inc. (NYSE:KVYO)
Number of Hedge Fund Holders: 36
Average Upside Potential as of July 10: 35.38%
Klaviyo Inc. (NYSE:KVYO) is one of the best new tech stocks with huge upside potential. On June 24, Klaviyo announced platform enhancements to address the challenge of disconnected customer experiences in omnichannel marketing. These new AI-powered capabilities were unveiled at Klaviyo’s flagship European event, called K:LDN.
Klaviyo aims to remove the friction caused by traditional marketing technology stacks that weren’t built for dynamic environments by unifying customer data, content, orchestration, and reporting into one platform. New Klaviyo research, based on a global survey of 2,000 consumers, highlights the cost of inaction: 54% of consumers ignore brand messages in at least one channel, and 77% shop across 3 or more channels. The research also indicates that consumers switch channels based on the time of day.
Global brands such as Castore, AS Beauty, and Paul Smith were given an early look at these innovations. Built on the Klaviyo Data Platform/KDP, which processes over 2 billion daily events across more than 7 billion customer profiles, this release tackles the issue of fragmented tools and slow decision-making. Marketers can now run campaigns across various channels without the need for multiple integrations or syncs.
Klaviyo Inc. (NYSE:KVYO) is a technology company that provides a SaaS platform in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
10. SEALSQ Corp. (NASDAQ:LAES)
Number of Hedge Fund Holders: 4
Average Upside Potential as of July 10: 57.07%
SEALSQ Corp. (NASDAQ:LAES) is one of the best new tech stocks with huge upside potential. On July 8, SEALSQ announced the commencement of the global deployment of its GSMA-accredited eUICC (Embedded Universal Integrated Circuit Card) with telecommunications operators.
The eUICC technology is now equipped to integrate pioneering Post-Quantum cryptographic security, which marks a milestone in secure mobile and IoT communications. Central to SEALSQ’s solution is its GSMA Root CI-accredited Root Certificate Authority, which is hosted in Switzerland.
This Swiss Root of Trust (RoT) ensures digital sovereignty, maximum trust, and interoperability. For instance, in smart city deployments, there are millions of sensors that collect data, abd SEALSQ’s Post-Quantum-ready eUICC ensures end-to-end trust and resilience against evolving cyberthreats.
SEALSQ Corp. (NASDAQ:LAES) designs, develops, and markets semiconductors in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
9. Ryde Group Ltd. (NYSE:RYDE)
Number of Hedge Fund Holders: 1
Average Upside Potential as of July 10: 62.16%
Ryde Group Ltd. (NYSE:RYDE) is one of the best new tech stocks with huge upside potential. On June 20, Ryde Group announced a partnership with Tencent Cloud, which is the cloud division of Tencent Holding Ltd. (OTC:TCEHY), to enhance Ryde’s in-app communications in Southeast Asia by integrating Tencent’s Real-Time Communication/TRTC technology and WeChat Mini Program.
The move is expected to reduce operational costs, improve scalability, and strengthen user data privacy. TRTC is known for its ultra-low latency performance and carrier-grade stability, and is already powering major platforms such as PUBG, QQ, and Weixin.
The final goal for Ryde is to become a super-app for Southeast Asia. Ryde plans to use these new tools to expand its services beyond ride-hailing into deliveries, digital payments, and sustainability-focused mobility.
Ryde Group Ltd. (NYSE:RYDE) provides mobility and quick commerce solutions in Singapore.
Tencent Holding Ltd. (OTC:TCEHY) is an investment holding company that provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.
8. Pony AI Inc. (NASDAQ:PONY)
Number of Hedge Fund Holders: 13
Average Upside Potential as of July 10: 62.92%
Pony AI Inc. (NASDAQ:PONY) is one of the best new tech stocks with huge upside potential. On July 10, Pony AI commenced the mass production of its 7th-generation (Gen-7) Robotaxi to expand its fleet to 1,000 vehicles by the end of 2025. The company revealed its Gen-7 autonomous driving system at the Shanghai Auto Show in April this year.
Following this, mass production of the Guangzhou Automobile Group/GAC Gen-7 Robotaxi models began in June, and Beijing Automotive Industry Corporation/BAIC Gen-7 Robotaxi models started in July. The Gen-7 system features a platform-based design that allows for quick adaptation across different vehicle models.
It is notable for being the first in the world to utilize 100% automotive-grade components. This design also reduces the bill-of-materials expenses for the autonomous driving kit by 70% compared to the earlier generation. Following the commencement of mass production, Pony AI also initiated road testing of the Gen-7 Robotaxis in Guangzhou and Shenzhen.
Pony AI Inc. (NASDAQ:PONY) engages in the autonomous mobility business in China, the US, and internationally.
7. M-tron Industries Inc. (NYSE:MPTI)
Number of Hedge Fund Holders: 6
Average Upside Potential as of July 10: 66.05%
M-tron Industries Inc. (NYSE:MPTI) is one of the best new tech stocks with huge upside potential. On June 23, M-tron Industries announced that it had been awarded a $5.5 million production contract, which comes from a top US Department of Defense prime contractor and is in support of a major US naval weapon system.
The contract includes multiple high-performance RF components, which include rugged crystal filters and lumped element filters. These components are engineered for exceptional durability and precision. The latest award showcases Mtron’s position as a long-standing supplier for this particular program for nearly a decade.
Work under the contract will be performed at Mtron’s manufacturing facility located in Orlando, Florida, and is expected to continue through 2026. The broader naval weapon system program itself is projected to remain in production until at least 2035.
M-tron Industries Inc. (NYSE:MPTI) designs, manufactures, and markets frequency and spectrum control products for various applications in the US and internationally.
6. WeRide Inc. (NASDAQ:WRD)
Number of Hedge Fund Holders: 1
Average Upside Potential as of July 10: 92.62%
WeRide Inc. (NASDAQ:WRD) is one of the best new tech stocks with huge upside potential. On June 3, WeRide announced its renewed partnership with Renault Group, which is a premium partner of Roland-Garros. For the second consecutive year, they are providing a Level-4 autonomous minibus shuttle service during the 2025 Grand Slam tournament at Roland-Garros.
The Robobus service debuted successfully last year and has proven safe and reliable in real-world environments. WeRide’s autonomous products are licensed in 5 markets and commercial operations are already underway. WeRide’s Robobus is recognized as the world’s first pre-designed autonomous driving minibus commercially deployed on a large scale. It is powered by WeRide’s full-stack, self-developed autonomous driving system and supports low-carbon transportation as well.
The collaboration extends beyond Roland-Garros. In March 2025, WeRide and Renault launched Europe’s first fully driverless commercial Robobus deployment in France’s Drôme region, specifically at the Rovaltain business park – Valence TGV station, in partnership with beti and Macif.
WeRide Inc. (NASDAQ:WRD) operates as a mover in the autonomous driving industry and a robotaxi company.
5. Silvaco Group Inc. (NASDAQ:SVCO)
Number of Hedge Fund Holders: 7
Average Upside Potential as of July 10: 93.42%
Silvaco Group Inc. (NASDAQ: SVCO) is one of the best new tech stocks with huge upside potential. On July 1, Silvaco Group announced that Wavetek adopted its Victory TCAD solution. This adoption is for the development of next-gen Gallium Nitride/GaN devices, specifically targeting high-performance connectivity applications in the 5G, Wi-Fi, and IoT markets.
As the demand for high-efficiency, high-frequency GaN devices continues to grow, Wavetek will use Silvaco’s advanced simulation tools to design and optimize high-electron-mobility transistors/HEMT and pseudomorphic HEMTs/ pHEMT. Silvaco’s Victory TCAD solution delivers accurate GaN-based device models, which enable Wavetek to perform rapid prototyping and device performance evaluation before physical fabrication.
Silvaco’s Victory suite’s powerful device, process modeling, and parameter extraction capabilities assist leading semiconductor companies in accelerating R&D cycles and reducing time-to-market.
Silvaco Group Inc. (NASDAQ:SVCO) provides technology computer-aided design/TCAD software, electronic design automation/EDA software, and semiconductor intellectual property/SIP solutions.
4. Unusual Machines Inc. (NYSE:UMAC)
Number of Hedge Fund Holders: 2
Average Upside Potential as of July 10: 107.13%
Unusual Machines Inc. (NYSE:UMAC) is one of the best new tech stocks with huge upside potential. Recently, Unusual Machines signed a definitive agreement, which was effective June 12, to acquire Rotor Lab, which is an Australian developer and manufacturer of electric motors and propulsion systems for unmanned aerial systems/UAS.
The proposed acquisition is valued at $7 million, structured primarily as an all-stock deal, and includes a $3 million earnout component. Rotor Lab is recognized for providing high-performance motors for both commercial and defense drone applications. Unusual Machines and Rotor Lab have already been collaborating for nearly a year, co-developing a family of motors including the 2207, 2807, and 3220 sizes.
These motors are slated to be among the first to enter production at Unusual Machines’ new US-based motor factory in Orlando, Florida, which is expected to begin operations in September this year. Following the acquisition, Rotor Lab’s existing facility in Canberra, Australia, will remain operational.
3. ZenaTech Inc. (NASDAQ:ZENA)
Number of Hedge Fund Holders: 1
Average Upside Potential as of July 10: 113.78%
ZenaTech Inc. (NASDAQ:ZENA) is one of the best new tech stocks with huge upside potential. On July 10, ZenaTech announced the successful development of its first quantum computing prototype. This prototype provides a framework for the rapid analysis and processing of large datasets, specifically for its AI drone solutions.
As a test case for this prototype, the company used weather forecasting algorithms as part of its Clear Sky project. The initiative created a precedent for real-time analysis of massive amounts of data captured by AI drone sensors while in flight. Internal testing using historical open-source data showed a high degree of accuracy and reliability when compared with trusted weather platforms and actual data.
The combination of quantum computing with AI-powered drone applications is expected to enable disruptive speed, precision, and autonomy.
ZenaTech Inc. (NASDAQ:ZENA) is an enterprise software technology company that develops cloud-based software applications in Canada.
2. Gauzy Ltd. (NASDAQ:GAUZ)
Number of Hedge Fund Holders: 6
Average Upside Potential as of July 10: 118.49%
Gauzy Ltd. (NASDAQ:GAUZ) is one of the best new tech stocks with huge upside potential. On July 1, Gauzy unveiled the automotive industry’s first prefabricated smart glass stack. This turnkey solution is designed to maximize manufacturing efficiency and adoption of smart glass in the automotive sector.
The ready-to-laminate smart glass stack integrates dimmable smart glass films, conductive elements, and adhesive interlayers into a single and fully industrialized unit. It is engineered specifically for Tier-1 suppliers and OEM glass fabricators. This simplification of manufacturing reduces space requirements and lowers financial barriers.
Gauzy’s North American expansion is further supported by a collaboration with Hotlineglass-USA, which is a certified Tier-2 automotive supplier.
Gauzy Ltd. (NASDAQ:GAUZ) is an integrated light and vision control company that develops, manufactures, and supplies vision and light control technologies internationally.
1. Beamr Imaging Ltd. (NASDAQ:BMR)
Number of Hedge Fund Holders: 2
Average Upside Potential as of July 10: 158.90%
Beamr Imaging Ltd. (NASDAQ:BMR) is one of the best new tech stocks with huge upside potential. On June 11, Beamr Imaging announced its plan to launch a new GPU-accelerated, high-performance, and high-quality video compression solution specifically designed for autonomous vehicles. This launch took place at NVIDIA GTC Paris, which was held from June 10 to 12, as part of Viva Technology 2025.
Video is the dominant data type in autonomous driving, with a single vehicle generating terabytes of video data daily. Training an autonomous model can require tens to hundreds of petabytes of data. Beamr’s proprietary Content-Adaptive Bitrate/CABR technology, built on NVIDIA accelerated computing, directly addresses this costly challenge by enabling up to a 50% reduction in real-world autonomous driving and synthetic video file sizes.
This reduction is achieved without compromising visual quality or critical visual features essential for training autonomous driving models. Video data for autonomous driving models originates from Advanced Driver Assistance Systems/ADAS, which record real-world driving footage.
Beamr Imaging Ltd. (NASDAQ:BMR) provides video encoding, transcoding, and optimization solutions in the US, Israel, and internationally.
While we acknowledge the potential of BMR to grow, 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 BMR and that has 100x upside potential, check out our report about this cheapest AI stock.
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