9 Small-Cap Software Infrastructure Stocks with Highest Upside Potential

8. LiveRamp Holdings (NYSE:RAMP)

Number of Hedge Fund Holders: 26

Upside Potential: 47.7%

LiveRamp Holdings (NYSE:RAMP) is one of the 9 small-cap software infrastructure stocks with the highest upside potential.

On February 6, the price target on LiveRamp Holdings (NYSE:RAMP) was reduced from $45 to $35 by DA Davidson analyst Clark Wright, who maintained a Buy rating on the stock. Despite this downward revision, the forecast yields an upside potential of almost 43%.

Wright reflected on the company’s quarterly performance, which exceeded forecasts at both revenue and earnings levels. However, the management maintained its 2026 guidance amid some project-related expenses that fell into the fourth quarter. Besides that, management also sees a softer marketplace growth compared with their prior expectations.

On February 3, the price target on LiveRamp Holdings (NYSE:RAMP) was reduced from $53 to $38 by Mark Zgutowicz from Benchmark. The analyst maintained his Buy rating on the stock, with a revised upside potential of almost 55%.

Zgutowicz shared his topline and adjusted EBITDA growth forecasts for the company. Based on conservative estimates, he has projected compound annual growth rates of 6.7% and 10.3% for both metrics, respectively.

LiveRamp Holdings (NYSE:RAMP) is a technology company that provides a privacy-focused data collaboration platform. It offers the LiveRamp Data Collaboration platform that allows businesses to activate, unify, and manage customer data over multiple marketing mediums. The company ensures the security and privacy of consumers’ data in this context.