TipRanks names three tech small caps that Wall Street thinks have at least 49% upside

TipRanks has identified three small cap tech stocks with "strong buy" ratings and big upside in 2026. Year to date, their share performance has diverged, yet Wall Street still sees upside of at least 49%.

Aeva Technologies, which has a market capitalization of $973.3 million on the Nasdaq, develops LiDAR sensors – specialized sensing systems that help autonomous vehicles detect surrounding objects and track their movement. The technology can also be used in other sectors, for example at airports to improve passenger safety or in traffic management systems. Among Aeva’s customers are chipmaker Nvidia, automaker Daimler, and military vehicle technology developer Forterra.

Year to date, the company’s stock has surged 22%. Four Wall Street analysts rate the stock “buy,” while one recommends “hold.” The average target price of $24.10 per share implies upside of nearly 49% versus the closing price on Tuesday.

Hackett Group, which has a market capitalization of $357.4 million on the Nasdaq, develops AI solutions that help companies improve efficiency through tools such as business benchmarking and supply chain management.

Year to date, the company’s stock has fallen nearly 29%. Nevertheless, Wall Street remains optimistic about the prospects for Hackett stock: analysts assign the stock three “buy” ratings and no “sell” recommendations. The average target price is $23.67 per share, implying upside of more than 68%.

Extreme Networks, with a market capitalization of $1.9 billion, describes itself as a leader in AI-driven cloud networking technologies designed to support a wide range of business applications and enable connectivity among devices, applications, and users. Its customers include healthcare nonprofit Henry Ford Health, the National Football League club the Pittsburgh Steelers, and the Turkish hospitality brand Sunis Hotels.

Year to date, Extreme Networks’ stock has fallen more than 14%. Eight Wall Street analysts rate the company’s stock “buy” versus a single “hold.” The average target price is $23.40 per share, about 64% above the closing price on Tuesday.