Sectors & IndustriesTechnologySoftware - Infrastructure

Best Software Infrastructure Stocks to Buy Now (2024)

Top software infrastructure stocks in 2024 ranked by overall Zen Score. See the best software infrastructure stocks to buy now, according to analyst forecasts for the software - infrastructure industry.

According to Zen Score, the 3 best software infrastructure stocks to buy right now are:

Dlocal (NASDAQ:DLO) is the top software infrastructure stock with a Zen Score of 66, which is 37 points higher than the software infrastructure industry average of 29. It passed 22 out of 33 due diligence checks and has strong fundamentals. Dlocal has seen its stock lose -32.04% over the past year, underperforming other software infrastructure stocks by -49 percentage points.

Dlocal has an average 1 year price target of $18.43, an upside of 84.29% from Dlocal's current stock price of $10.00.

Dlocal stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Dlocal, 42.86% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Gigacloud Technology (NASDAQ:GCT) is the second best software infrastructure stock with a Zen Score of 59, which is 30 points higher than the software infrastructure industry average of 29. It passed 19 out of 33 due diligence checks and has strong fundamentals. Gigacloud Technology has seen its stock return 534% over the past year, overperforming other software infrastructure stocks by 517 percentage points.

Gigacloud Technology has an average 1 year price target of $35.00, an upside of 0.37% from Gigacloud Technology's current stock price of $34.87.

Gigacloud Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Gigacloud Technology, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Endava (NYSE:DAVA) is the third best software infrastructure stock with a Zen Score of 55, which is 26 points higher than the software infrastructure industry average of 29. It passed 17 out of 33 due diligence checks and has strong fundamentals. Endava has seen its stock lose -39.06% over the past year, underperforming other software infrastructure stocks by -56 percentage points.

Endava has an average 1 year price target of $48.67, an upside of 61.79% from Endava's current stock price of $30.08.

Endava stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Endava, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 9 software infrastructure stocks that have issued dividends in the past year, the 3 software infrastructure stocks with the highest dividend yields are:

Virnetx Holding (NYSE:VHC) has an annual dividend yield of N/A, which is N/A percentage points lower than the software infrastructure industry average of 2.41%. Virnetx Holding's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Virnetx Holding's dividend has shown consistent growth over the last 10 years.

Virnetx Holding's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

Solarwinds (NYSE:SWI) has an annual dividend yield of 8.3%, which is 6 percentage points higher than the software infrastructure industry average of 2.41%.

Solarwinds's dividend payout ratio of 1,666.7% indicates that its high dividend yield might not be sustainable for the long-term.

Csg Systems International (NASDAQ:CSGS) has an annual dividend yield of 2.62%, which is the same as the software infrastructure industry average of 2.41%. Csg Systems International's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Csg Systems International's dividend has shown consistent growth over the last 10 years.

Csg Systems International's dividend payout ratio of 51.6% indicates that its dividend yield is sustainable for the long-term.

Software infrastructure stocks were up 1.81% in the last day, and up 2.76% over the last week. Aeye was the among the top gainers in the software - infrastructure industry, gaining 35.77% yesterday.

AEye shares are trading higher, reversing from earlier weakness, amid increased volatility in the stock following the company's Q1 financial results.

Based on WallStreetZen's Valuation Score, the 3 most undervalued software infrastructure stocks right now are:

International Money Express (NASDAQ:IMXI) is the most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. International Money Express has a valuation score of 100, which is 79 points higher than the software infrastructure industry average of 21. It passed 7 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -11.22% in the past year. It has underperformed other stocks in the software infrastructure industry by -28 percentage points.

Akamai Technologies (NASDAQ:AKAM) is the second most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Akamai Technologies has a valuation score of 86, which is 65 points higher than the software infrastructure industry average of 21. It passed 6 out of 7 valuation due diligence checks.

Akamai Technologies's stock has gained 11.71% in the past year. It has underperformed other stocks in the software infrastructure industry by -5 percentage points.

Amdocs (NASDAQ:DOX) is the third most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Amdocs has a valuation score of 86, which is 65 points higher than the software infrastructure industry average of 21. It passed 6 out of 7 valuation due diligence checks.

Amdocs's stock has dropped -9.85% in the past year. It has underperformed other stocks in the software infrastructure industry by -27 percentage points.