Tech Multibagger Stocks to Watch: Reddit, Roku, and SentinelOne

Three tech stocks predicted to be the next multibaggers: Reddit, Roku, and SentinelOne. Reddit has rapidly growing revenue, a small market cap, and a user base that can still grow significantly. Roku has a large market share in the connected TV space and is on track to stream major returns to investors. SentinelOne is a cybersecurity company that is well-positioned to capitalize on the growing demand for security solutions.

In the ever-evolving tech landscape, identifying the next multibagger stocks can be a challenging task. However, a panel of Motley Fool contributing analysts has singled out three promising candidates: Reddit (NYSE: RDDT), Roku (NASDAQ: ROKU), and SentinelOne (NYSE: S). Each of these stocks offers unique growth opportunities that could significantly boost investor returns.

Reddit (NYSE: RDDT)
Reddit has been experiencing rapid revenue growth, with a blistering 43% year-over-year (YoY) average growth rate since late 2022. In the second quarter of 2025, Reddit's top-line increased by 78% YoY, its fastest growth ever [1]. The company's user base is also expanding, with daily active unique visitors rising by 21% to 110 million. Despite its impressive growth, Reddit remains early in its growth trajectory, with ample room for further expansion. Its small market cap of $40 billion makes it a potential candidate for significant price appreciation [1].

Roku (NASDAQ: ROKU)
Roku has maintained its position as the leading streaming platform in North America and continues to make strides in other regions. The company's hours of content streamed on its platform increased by 17% YoY in the second quarter of 2025. Roku's user base and market share are expected to benefit from the growing dominance of streaming over traditional TV, potentially leading to increased ad revenues. The stock has fallen by over 80% from its 2021 high but remains undervalued, with a price-to-sales (P/S) ratio of 3.2, closely approximating the S&P 500 average [1]. The company's forecasted return to profitability in 2026 could further boost investor confidence and drive stock price appreciation.

SentinelOne (NYSE: S)
SentinelOne is a cybersecurity company that leverages artificial intelligence to proactively search for and mitigate threats across client endpoints, identities, and the cloud. The company has been recognized as a leader in endpoint security by Gartner for five consecutive years and counts several Fortune 1000 companies among its customers. Despite its strong market position, SentinelOne's stock has underperformed, falling by 75% from its all-time high since going public in late 2021. The company's depressed valuation, with an enterprise-value-to-revenue ratio of roughly 5, presents an opportunity for significant price appreciation as it progresses towards profitability [1].

Investors should carefully consider these stocks' growth prospects and risks before making any investment decisions. The Motley Fool Stock Advisor team recently identified the 10 best stocks for investors to buy now, excluding Reddit from the list. However, the potential for significant returns in these three tech stocks cannot be overlooked [1].

References:
[1] https://www.nasdaq.com/articles/prediction-these-could-be-next-tech-multibagger-stocks
[2] https://www.marketbeat.com/instant-alerts/filing-hsbc-holdings-plc-has-342-million-holdings-in-roku-inc-roku-2025-08-27/