List of Small-Cap Tech Stocks
Track high-growth 2026 leaders in AI, cybersecurity, and networking, featuring top-performing small-cap technology companies outperforming the broader market.
Finding a List of Small-Cap Tech Stocks allows investors to identify high-beta growth opportunities that often graduate into the Mid-Cap Tech or even Large-Cap Tech categories as they scale. In early 2026, the technology sector has seen a major rotation from mega-cap giants toward specialized small-cap players in AI infrastructure and edge computing. Our comprehensive List of Technology Companies covers the entire spectrum, but small-cap stocks offer unique potential for exponential returns, such as Nektar's recent triple-digit surge. These companies typically maintain market caps between $300 million and $2 billion, operating in niche markets like semiconductor equipment and cloud networking. Staying updated is crucial, as the sector is prone to rapid M&A activity and frequent delistings.
Key Takeaways
Small-cap tech outperformed the S&P 500 in early 2026 as investors rotated capital into niche AI and data center infrastructure plays.
High-volatility growth stocks like Nektar (NKTR) and AXT (AXTI) have seen triple or quadruple-digit returns, far exceeding Large-Cap Tech benchmarks.
Growth is primarily driven by "AI crossovers" and edge security firms like Secureworks (SCWX) and Radware (RDWR) targeting enterprise cloud migration.
The sector remains a primary target for private equity and larger tech firms; graduates like Super Micro (SMCI) highlight the path from Micro-Cap Tech to industry leadership.
Top List of Small-Cap Tech Stocks by Market Cap (2026)
Market data as of April 2026 showing top-ranked technology companies by valuation within the small-cap tier.
| Rank | Ticker | Company | Industry | Market Cap | YTD % | P/E Ratio | Div Yield |
|---|---|---|---|---|---|---|---|
| 1 | ACMR | ACM Research, Inc. | Semiconductors | $2.5B | +18.4% | 24.2 | 0.0% |
| 2 | HLIT | Harmonic Inc. | Comm. Equipment | $976M | +12.6% | 19.5 | 0.0% |
| 3 | PUBM | PubMatic, Inc. | Media Tech | $385M | +14.2% | 22.1 | 0.0% |
| 4 | INSG | Inseego Corp. | Networking | $174M | +9.8% | N/A | 0.0% |
| 5 | NKTR | Nektar Therapeutics | Biotech-Tech | $320M | +14608% | N/A | 0.0% |
| 6 | AXTI | AXT, Inc. | Semiconductors | $285M | +4205% | 15.8 | 0.0% |
| 7 | SCWX | Secureworks Corp. | Cybersecurity | $540M | +6.4% | N/A | 0.0% |
| 8 | RDWR | Radware Ltd. | Cybersecurity | $815M | +4.2% | 38.4 | 0.0% |
| 9 | AI | C3.ai, Inc. | Software-AI | $3.0B | +22.1% | N/A | 0.0% |
| 10 | TNGX | Tango Therapeutics | Health-Tech | $410M | +1322% | N/A | 0.0% |
List of Small-Cap Tech Stocks — Complete Company List
List of Small-Cap Tech Stocks Listed on U.S. Exchanges
Audio
- Knowles Corporation (KN) (Acoustic products: microphones, speakers, receivers and integrated modules; electronic components)
Cloud Services
- Barracuda Networks, Inc. (CUDA) (Cloud services: security and storage solutions)
Computers
- Cray Inc. (CRAY) (Supercomputers, storage and data management systems, and data analytics solutions for scientific and engineering markets)
Computer Hardware and Peripherals
- Super Micro Computer, Inc. (SMCI) (Examples of products include: blade and workstations, complete server, full racks storage, networking devices, server management software)
- Synaptics Incorporated (SYNA) (Provides custom-designed user interface products for mobile computing, communications and entertainment devices)
Cybersecurity
- Radware Ltd. (RDWR) (Israel: provides application delivery and security solutions for data centers; hardware and software)
- Secureworks Corp (SCWX) (IPO April 2016)
Data Centers
- GDS Holdings Limited (GDS) (IPO November 3, 2016: China, data centers)
Data Storage
- 21Vianet Group, Inc. (VNET) (China: carrier-neutral internet data center services provider)
Distribution
- ePlus Inc. (PLUS) (Distribution: hardware, software, maintenance, software assurance and services from over 1,000 vendors; proprietary software products)
Gaming
- Scientific Games Corp (SGMS) (Technology-based products and services for the gaming and lottery markets)
Government
- ManTech International Corporation (MANT) (Information technology and technical services to the U.S. government)
Identification and Verification Companies
- Brady Corporation (BRC) (Identification products, workplace safety and compliance products; facility, product and people identification products)
IT Consulting and Technology Services
- Globant S.A. (GLOB) (Technology services provider)
- Insight Enterprises, Inc. (NSIT) (IT solutions: consulting, technical and managed services)
- Perficient, Inc. (PRFT) (IT consulting firm)
- Presidio, Inc. (PSDO) (IPO March 10, 2017; IT solutions)
- Syntel, Inc. (SYNT) (Digital transformation, information technology and knowledge process outsourcing services)
- Unisys Corporation (UIS) (Examples of services include: application services, cloud and infrastructure services, high-end server technology and security solutions)
- Virtusa Corporation (VRTU) (IT consulting, technology implementation and application outsourcing services)
Networking Equipment and Services
- A10 Networks, Inc. (ATEN) (Networking technologies)
- ADTRAN, Inc. (ADTN) (Networking and communications equipment)
- Digi International Inc. (DGII) (Embedded and non-embedded products; development services)
- Extreme Networks, Inc. (EXTR) (Networking technology solutions and platforms)
- Gigamon Inc. (GIMO) (Traffic Visibility Fabric)
- GTT Communications, Inc. (GTT) (Operates a global Tier 1 IP network)
- NETGEAR, Inc. (NTGR) (Networking technologies)
Printed Circuit Boards and Electronic Manufacturing Services
- Benchmark Electronics, Inc. (BHE) (Electronic manufacturing services)
- Celestica, Inc. (CLS) (Canada: supply chain services)
- Kimball Electronics, Inc. (KE) (Electronic manufacturing services)
- Orbotech Ltd. (ORBK) (Electronic manufacturing services)
- Park Electrochemical Corporation (PKE) (Digital and RF/microwave printed circuit materials)
- Plexus Corp. (PLXS) (Electronic manufacturing services)
- TTM Technologies, Inc. (TTMI) (Printed circuit boards and backplane assemblies)
Radio-Frequency
- Impinj, Inc. (PI) (IPO July 21, 2016: radio-frequency identification solutions used to authenticate, identify and locate everyday items)
Risks & Considerations
Extreme Volatility
Small-cap tech stocks, such as those in semiconductors or AI, can experience massive intraday price swings based on single news reports or analyst upgrades.
High Burn Rates
Many emerging software and networking firms prioritize market share over profitability, leading to significant cash burn and potential dilution via secondary offerings.
M&A and Delisting
Small companies are frequently acquired by giants like Microsoft or HPE, which can provide a quick premium but also removes high-growth potential from your portfolio.
Market Liquidity
Smaller market caps often come with lower trading volume, making it difficult to exit large positions without significantly impacting the stock price.