TipRanks named three small-cap stocks with over 99% upside potential

TipRanks has named three small-cap stocks that investors should pay attention to. All of them have fallen in price since the beginning of the year, and Wall Street sees more than 99% upside potential in them.

PAR Technology, with a capitalization of less than $847 million, develops software and technology for the restaurant business. Its partners include the Papa Johns pizza chain and McDonald's competitor Jack's Family Restaurants.

Since the beginning of the year quotes PAR Technology collapsed by 42.5% - to $20.86. However, Wall Street believes in the company's prospects: its securities have nine "buy" recommendations from analysts and only one "hold" recommendation. The average target price is $59.11, which means a potential upside of more than 183% to the closing level of the previous trading session on February 13.

Braze, whose Nasdaq market capitalization is $2.16 billion, owns an AI platform that enables enterprise clients to deliver personalized marketing campaigns and various online events.

Since the beginning of the year, the company's shares have fallen in price by almost 49%. Against this backdrop, a number of Wall Street analysts have lowered their target price, and now the average target for Braze stock is $44.95, almost 154% higher than its value at the close of trading on February 13. All 22 Wall Street analysts following the company's activities unanimously advise its shares to buy.

MNTN, a technology company with a capitalization of $752 million, is developing a platform for contextual advertising on internet-connected TVs.

MNTN quotes have fallen by almost 14% since the beginning of the year. However, Wall Street sees them as having 99% upside potential. The company's stock has eight "buy" ratings from analysts and only one "hold" rating.