In this article, we will list the 5 Single-Digit Stocks With Double-Digit Growth Potential. Please visit 7 Single-Digit Stocks With Double-Digit Growth Potential if you would like to see the extended list and the methodology behind it.
5. AvePoint, Inc. (NASDAQ:AVPT)
Share Price: $9.44
Stock Upside Potential: 72.81%
Number of Hedge Fund Holders: 37
AvePoint, Inc. (NASDAQ:AVPT) is one of the single-digit stocks with double-digit growth potential. On March 23, William Blair downgraded AvePoint, Inc. (NASDAQ:AVPT) to a Market Perform from Outperform. The downgrade comes amid concerns about the company’s seat-based pricing model.
The research is also wary of the company’s fundamental ties to Microsoft workloads, licensing, and product evolution. According to the research firm, the company’s close alignment with the Microsoft 365 ecosystem presents challenges. For starters, there are fears of low organic top-line acceleration despite Avepoint enjoying consistent growth above 25%.
William Blair has warned that there is a risk that Avepoint’s growth will correlate with Microsoft 365’s growth rate, which would be muted.
The muted growth would come as the Microsoft 365 backup market moderates due to heightened competition in the crowded field of third-party backup providers. On the other hand, the company’s expansion beyond Microsoft is unlikely to happen and won’t be a material growth driver.
AvePoint, Inc. (NASDAQ:AVPT) provides a cloud-native software platform designed for data management, governance, and protection, primarily for Microsoft 365, Google Workspace, and Salesforce. It helps organizations secure collaboration, manage data lifecycles, back up and migrate data, and ensure regulatory compliance.
4. Grab Holdings Limited (NASDAQ:GRAB)
Share Price: $3.57
Stock Upside Potential: 73.53%
Number of Hedge Fund Holders: 61
Grab Holdings Limited (NASDAQ:GRAB) is one of the single-digit stocks with double-digit growth potential. On March 24, Grab Holdings Ltd (NASDAQ:GRAB) announced plans to repurchase $400 million in Class A ordinary shares over the next four months.
The company is to execute an accelerated share repurchase of $250 million and $150 million as part of the previously announced $500 million buyback program. JPMorgan Chase Bank, National Association, and a contingent forward purchase agreement with Morgan Stanley & Co. LLC is to oversee the acquisition.
The repurchase underscores management’s confidence in the company’s financial strength and long-term prospects. Additionally, the repurchase at current levels provides a clear opportunity to enhance shareholder value by reducing the amount of shares in circulation.
The company is targeting $1.5 billion in adjusted EBITDA by 2028 and 80% adjusted free cash flow conversion. Grab Holdings is also leveraging its robust balance sheet and net cash liquidity while maintaining a disciplined approach to capital allocation.
Grab Holdings Limited (NASDAQ:GRAB) is a leading Southeast Asian “super app” that provides everyday services through a single mobile platform, operating in eight countries. It offers ride-hailing (transportation), food/grocery delivery, and comprehensive digital financial services, including payments, lending, and insurance, serving millions of users daily.
3. VinFast Auto Ltd (NASDAQ:VFS)
Share Price: $3.39
Stock Upside Potential: 89.98%
Number of Hedge Fund Holders: 5
VinFast Auto Ltd (NASDAQ:VFS) is one of the single-digit stocks with double-digit growth potential. On March 23, Cantor Fitzgerald reiterated an Overweight rating on VinFast Auto Ltd (NASDAQ:VFS), impressed by the company’s 2026 vehicle delivery target. In 2025, the company delivered 197,000 vehicles, more than double its 2024 total.
The company plans to deliver 300,000 units in 2026, above the Visible Alpha consensus estimate of 212,767. The delivery would be made possible on the company’s production capacity, reaching about 600,000 across the upcoming facilities. In addition, it plans to expand its footprint into the robotaxi and humanoid business over the next few years.
Last year, VinFast Auto was the leading original vehicle manufacturer in Vietnam, second in the Philippines, third in Indonesia, and fourth in India among battery-electric vehicle brands. The company plans to double its dealer footprint in India and expand in Indonesia and the Philippines. It is also increasing the presence of electric two-wheelers in various Asian countries.
VinFast Auto Ltd (NASDAQ:VFS) is a Vietnamese automotive manufacturer specializing in the design and production of electric vehicles (EVs), including SUVs, e-scooters, and e-bikes. It transitioned to an all-electric lineup in 2022, focusing on global expansion, smart manufacturing, and the development of EV charging infrastructure in markets such as the US and India.
2. CleanSpark Inc. (NASDAQ:CLSK)
Share Price: $8.66
Stock Upside Potential: 95.07%
Number of Hedge Fund Holders: 32
CleanSpark, Inc. (NASDAQ:CLSK) is one of the single-digit stocks with double-digit growth potential. On March 24, CleanSpark, Inc. (NASDAQ:CLSK) confirmed the amendment of its Series A Preferred Stock. The amendment includes the elimination of the quarterly dividend and approval of a one-time special dividend for preferred shareholders.
The amendment removes the previous quarterly dividend calculated as 2% of the company’s earnings. Instead, Series A Preferred stockholders are to receive a one-time special dividend of $17.14 per share. The company will not pay any additional dividends on the Series A Preferred stock. The dividend is payable to Series A holders as of March 19.
Earlier, on March 5, CleanSpark completed the acquisition of its second Texas campus. With the acquisition, the company has added 300 megawatts of ERCOT-approved capacity to its portfolio. The acquisition should strengthen mining operations as the company produced 568 Bitcoin in February with an average daily production of 20.29 Bitcoin. As of the end of February, the company held 13,363 Bitcoin and a deployed fleet of 235,588 miners.
CleanSpark Inc. (NASDAQ:CLSK) is a leading American Bitcoin mining company that operates, develops, and manages data centers, transitioning toward AI infrastructure. It focuses on sustainable, high-performance computing by utilizing low-cost energy to mine Bitcoin. The company is expanding into AI and high-performance computing (HPC) data centers to support digital infrastructure.
1. Mobileye Global Inc. (NASDAQ:MBLY)
Share Price: $6.73
Stock Upside Potential: 113.49%
Number of Hedge Fund Holders: 41
Mobileye Global Inc. (NASDAQ:MBLY) is one of the single-digit stocks with double-digit growth potential. On March 23, Mobileye Global Inc. (NASDAQ:MBLY) secured a major Driver Monitoring System production program with a major US automaker.
The deal paves the way for the integration of Mobileye DMS in future vehicles equipped with Mobileye’s EyeQ6L system-on-chip. The program builds on an existing ADAS agreement and is expected to span millions of vehicles across multiple models. The agreement comes amid growing demand for consolidated driver monitoring, occupant safety, and advanced driving functions.
Mobileye’s DMS system is designed to correlate driver gaze with real-world road conditions from ADAS cameras. It delivers on running context-aware driver monitoring on a single ADAS chip. Its ultimate goal is to trigger fewer false alerts, deliver more precise interventions, and achieve higher levels of autonomy.
The company is positioning it to support NCAP 2026 scoring requirements and to address the evolution of the Euro NCAP 2029 protocol, raising the benchmark from eye tracking to meaningful engagement detection.
Mobileye Global Inc. (NASDAQ:MBLY) is a leading technology company specializing in advanced driver-assistance systems (ADAS) and autonomous driving technologies. They develop computer vision, software, and hardware that allow vehicles to perceive their surroundings, enhance safety, and enable self-driving capabilities.
While we acknowledge the potential of MBLY 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 MBLY and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 9 Most Undervalued Growth Stocks to Buy According to Analysts and 8 Best Defense Contractor Stocks to Buy Right Now.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.
Hedge Fund Resource Center