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Sectors & IndustriesTechnologySoftware - Application
Best App Stocks to Buy Now (2022)
Top app stocks in 2022 ranked by overall Zen Score. See the best app stocks to buy now, according to analyst forecasts for the software - application industry.

Industry: Software - Application
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
YALA
YALLA GROUP LTD
NYSE
Software - Application
$511.68M$3.38-1.74%N/A6.04x0.13
CCRD
CORECARD CORP
NYSE
Software - Application
$185.65M$21.670.37%$26.35M11.23x0.23
OTEX
OPEN TEXT CORP
NASDAQ
Software - Application
$7.31B$27.11-1.17%$1.18B18.57x1.53
PAYA
PAYA HOLDINGS INC
NASDAQ
Software - Application
$743.59M$5.63-0.88%$57.68M140.75x1.61
TSRI
TSR INC
NASDAQ
Software - Application
$16.12M$7.51-2.59%$7.27M2.20x0.68
PRGS
PROGRESS SOFTWARE CORP
NASDAQ
Software - Application
$1.83B$42.08-2.14%$152.76M19.21x2.64
SPNS
SAPIENS INTERNATIONAL CORP N V
NASDAQ
Software - Application
$1.10B$19.89-0.70%$91.17M20.72x0.71
PTC
PTC INC
NASDAQ
Software - Application
$12.46B$106.04-3.02%$604.52M24.89x1.14
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
NASDAQ
Software - Application
$12.62B$49.48-3.09%$1.81B17.67x1.88
IBEX
IBEX LTD
NASDAQ
Software - Application
$304.79M$16.707.81%$63.98M13.25x1.89
APPS
DIGITAL TURBINE INC
NASDAQ
Software - Application
$1.47B$14.91-2.36%$126.44M40.30x1.44
NATI
NATIONAL INSTRUMENTS CORP
NASDAQ
Software - Application
$5.16B$38.98-0.36%$220.47M49.34x0.86
MGIC
MAGIC SOFTWARE ENTERPRISES LTD
NASDAQ
Software - Application
$786.15M$16.020.13%$63.58M28.61x0.88
GVP
GSE SYSTEMS INC
NASDAQ
Software - Application
$21.04M$0.99-1.00%$7.29M4.30x0.95
ECOM
CHANNELADVISOR CORP
NYSE
Software - Application
$652.72M$22.72-0.26%$21.29M16.58x0.31
GLOB
GLOBANT SA
NYSE
Software - Application
$7.95B$190.09-1.21%N/A61.72x0.36
IS
IRONSOURCE LTD
NYSE
Software - Application
$3.64B$3.56-0.28%$116.29M44.50x0.32
NTWK
NETSOL TECHNOLOGIES INC
NASDAQ
Software - Application
$37.47M$3.33-2.63%$8.46M11.48x0.48
CALX
CALIX INC
NYSE
Software - Application
$3.75B$57.43-2.96%$65.54M17.19x0.29
ADSK
AUTODESK INC
NASDAQ
Software - Application
$39.84B$184.56-1.38%$943.40M72.38x10.12
DV
DOUBLEVERIFY HOLDINGS INC
NYSE
Software - Application
$4.30B$26.21-0.57%$81.00M79.42x0.19
TTD
TRADE DESK INC
NASDAQ
Software - Application
$28.17B$57.70-2.60%$126.28M824.29x1.06
KARO
KAROOOOO LTD
NASDAQ
Software - Application
$783.06M$25.300.57%$76.23M25.45x0.41
PUBM
PUBMATIC INC
NASDAQ
Software - Application
$851.21M$16.250.18%$96.93M15.19x1.01
ZI
ZOOMINFO TECHNOLOGIES INC
NASDAQ
Software - Application
$16.15B$40.04-0.79%$232.10M80.08x2.30
BMTX
BM TECHNOLOGIES INC
NYSEMKT
Software - Application
$78.33M$6.402.24%$25.64M10.00x0.51
MTLS
MATERIALISE NV
NASDAQ
Software - Application
$631.98M$10.70-0.83%$40.27M39.19x0.79
AGMH
AGM GROUP HOLDINGS INC
NASDAQ
Software - Application
$41.90M$1.59-7.56%$5.06M9.35x2.51
CVLT
COMMVAULT SYSTEMS INC
NASDAQ
Software - Application
$2.31B$51.540.80%$46.55M99.12x1.93
PAYC
PAYCOM SOFTWARE INC
NYSE
Software - Application
$19.55B$325.75-0.83%$394.93M82.89x3.92
PCTY
PAYLOCITY HOLDING CORP
NASDAQ
Software - Application
$13.08B$236.58-2.03%$133.82M143.38x6.84
INTU
INTUIT INC
NASDAQ
Software - Application
$111.05B$393.97-0.69%$3.45B53.38x0.69
NOW
SERVICENOW INC
NYSE
Software - Application
$76.16B$377.04-2.57%$697.00M405.42x1.65
CDNS
CADENCE DESIGN SYSTEMS INC
NASDAQ
Software - Application
$44.08B$160.97-0.83%$1.11B56.68x0.66
DSGX
DESCARTES SYSTEMS GROUP INC
NASDAQ
Software - Application
$5.28B$62.22-0.69%$183.51M58.15x0.20
MAPS
WM TECHNOLOGY INC
NASDAQ
Software - Application
$252.83M$1.74-0.57%$59.25M2.15x2.03
CIH
CHINA INDEX HOLDINGS LTD
NASDAQ
Software - Application
$87.62M$0.976.48%N/A2.71x5.58
CREX
CREATIVE REALITIES INC
NASDAQ
Software - Application
$12.40M$0.57-10.66%$5.19M11.40x1.59
RIOT
RIOT BLOCKCHAIN INC
NASDAQ
Software - Application
$978.21M$6.33-0.16%-$320.63M-2.20x0.12
DCBO
DOCEBO INC
NASDAQ
Software - Application
$861.60M$26.20-2.13%-$3.60M-154.12x0.44
AGYS
AGILYSYS INC
NASDAQ
Software - Application
$1.19B$47.40-6.95%$11.56M215.45x1.06
MITK
MITEK SYSTEMS INC
NASDAQ
Software - Application
$411.98M$9.29-1.17%$29.01M42.23x1.07
MIXT
MIX TELEMATICS LTD
NYSE
Software - Application
$168.15M$7.61-1.55%$27.95M21.74x0.45
DT
DYNATRACE INC
NYSE
Software - Application
$9.54B$33.21-2.61%$132.43M237.21x0.81
IDEX
IDEANOMICS INC
NASDAQ
Software - Application
$172.36M$0.35-5.66%-$299.54M-0.52x0.37
MNDO
MIND CTI LTD
NASDAQ
Software - Application
$45.14M$2.25-1.75%$6.53M8.02x0.42
CLSK
CLEANSPARK INC
NASDAQ
Software - Application
$146.47M$3.11-1.58%$20.79M-6.10x0.09
ZDGE
ZEDGE INC
NYSEMKT
Software - Application
$35.61M$2.37-8.14%$10.75M4.47x0.42
VCSA
VACASA INC
NASDAQ
Software - Application
$1.34B$3.08-0.65%$26.85M2.05x2.61
IMMR
IMMERSION CORP
NASDAQ
Software - Application
$176.61M$5.27-3.13%$13.70M20.27x0.25
NICE
NICE LTD
NASDAQ
Software - Application
$12.08B$189.39-0.14%$469.87M53.20x0.61
OTMO
OTONOMO TECHNOLOGIES LTD
NASDAQ
Software - Application
$41.98M$0.30-3.23%-$102.98M-0.49x0.14
GRAB
GRAB HOLDINGS LTD
NASDAQ
Software - Application
$10.56B$2.751.85%-$1.42B0.64x0.45
MYSZ
MY SIZE INC
NASDAQ
Software - Application
$5.11M$0.20-9.09%-$8.37M-0.53x0.39
CRM
SALESFORCE INC
NYSE
Software - Application
$146.27B$147.01-2.09%$3.96B277.38x0.57
MANH
MANHATTAN ASSOCIATES INC
NASDAQ
Software - Application
$8.13B$129.63-1.29%$150.67M69.32x1.46
PRCH
PORCH GROUP INC
NASDAQ
Software - Application
$200.52M$2.01-1.47%-$26.42M-3.41x4.63
DDOG
DATADOG INC
NASDAQ
Software - Application
$27.62B$87.28-2.42%$82.32M8,728.00x1.19
AMSWA
AMERICAN SOFTWARE INC
NASDAQ
Software - Application
$496.69M$14.74-2.06%$18.08M42.11x0.41
PCYG
PARK CITY GROUP INC
NASDAQ
Software - Application
$107.86M$5.800.52%$5.54M32.22x0.16
PLUS
EPLUS INC
NASDAQ
Software - Application
$1.11B$41.17-2.72%$169.94M10.50x0.86
ESMT
ENGAGESMART INC
NYSE
Software - Application
$3.03B$18.50-1.96%$22.01M-925.00x0.09
DGHI
DIGIHOST TECHNOLOGY INC
NASDAQ
Software - Application
$19.82M$0.72-5.88%N/A4.24x0.18
AEYE
AUDIOEYE INC
NASDAQ
Software - Application
$57.72M$5.04-2.48%-$13.72M-3.60x1.13
DUOT
DUOS TECHNOLOGIES GROUP INC
NASDAQ
Software - Application
$22.44M$3.68-3.03%-$6.07M-2.64x4.30
WKME
WALKME LTD
NASDAQ
Software - Application
$714.26M$8.43-2.54%-$91.08M-8.18x0.62
RDVT
RED VIOLET INC
NASDAQ
Software - Application
$220.30M$16.060.06%$5.75M-321.20x0.07
FRSH
FRESHWORKS INC
NASDAQ
Software - Application
$3.80B$13.27-0.90%-$272.15M-0.95x0.28
SEAC
SEACHANGE INTERNATIONAL INC
NASDAQ
Software - Application
$22.28M$0.45-3.26%-$12.18M-1.71x0.35
LAZR
LUMINAR TECHNOLOGIES INC
NASDAQ
Software - Application
$2.64B$7.37-6.23%-$292.24M-8.38x7.76
NCNO
NCINO INC
NASDAQ
Software - Application
$3.77B$33.980.03%-$73.56M-45.92x0.24
TEAM
ATLASSIAN CORP PLC
NASDAQ
Software - Application
$55.46B$217.56-1.42%-$444.79M-89.90x9.02
GTLB
GITLAB INC
NASDAQ
Software - Application
$7.13B$47.90-5.76%-$169.94M-38.02x0.37
NXPL
NEXTPLAT CORP
NASDAQ
Software - Application
$22.82M$2.40-2.83%-$7.94M-1.97x0.11
WFCF
WHERE FOOD COMES FROM INC
NASDAQ
Software - Application
$51.50M$8.65-6.59%$3.95M22.18x0.55
FROG
JFROG LTD
NASDAQ
Software - Application
$1.91B$19.28-1.28%-$63.44M-21.66x0.37
LTCH
LATCH INC
NASDAQ
Software - Application
$120.64M$0.84-2.33%N/A-0.53x0.21
LSPD
LIGHTSPEED COMMERCE INC
NYSE
Software - Application
$2.51B$16.83-1.64%-$255.89M-7.25x0.06
BSQR
BSQUARE CORP
NASDAQ
Software - Application
$23.95M$1.17-1.68%-$2.81M-6.88x0.24
STNE
STONECO LTD
NASDAQ
Software - Application
$2.90B$9.27-3.13%$76.67M-5.20x2.14
KBNT
KUBIENT INC
NASDAQ
Software - Application
$17.28M$1.20-0.83%-$15.59M-1.05x0.09
ANY
SPHERE 3D CORP
NASDAQ
Software - Application
$31.94M$0.50-8.33%-$48.16M-0.45x0.02
BILL
BILLCOM HOLDINGS INC
NYSE
Software - Application
$13.18B$125.74-3.38%-$234.57M-39.17x1.29
DCT
DUCK CREEK TECHNOLOGIES INC
NASDAQ
Software - Application
$1.54B$11.630.26%$11.30M-129.22x0.11
IDBA
IDEX BIOMETRICS ASA
NASDAQ
Software - Application
$75.03M$5.70-14.80%-$31.29M-1.52x0.12
OLO
OLO INC
NYSE
Software - Application
$1.28B$7.932.99%-$37.41M-37.76x0.10
SBIG
SPRINGBIG HOLDINGS INC
NASDAQ
Software - Application
$20.74M$0.82-8.89%-$11.12M-1.06x5.90
SOPA
SOCIETY PASS INCORPORATED
NASDAQ
Software - Application
$37.56M$1.48-8.64%-$38.47M-0.45x0.09
AMST
AMESITE INC
NASDAQ
Software - Application
$7.05M$0.273.40%-$7.90M-0.70x0.08
ANSS
ANSYS INC
NASDAQ
Software - Application
$19.99B$229.54-1.08%$686.32M43.64x0.37
BLBX
BLACKBOXSTOCKS INC
NASDAQ
Software - Application
$10.21M$0.775.59%-$4.80M-1.80x0.68
SMRT
SMARTRENT INC
NYSE
Software - Application
$460.73M$2.33-7.17%-$104.57M-11.10x0.42
MTTR
MATTERPORT INC
NASDAQ
Software - Application
$1.06B$3.74-1.84%-$312.20M-2.48x0.09
DSP
VIANT TECHNOLOGY INC
NASDAQ
Software - Application
$259.45M$4.23-1.63%$6.77M-8.13x1.52
WTRH
WAITR HOLDINGS INC
NASDAQ
Software - Application
$32.43M$0.173.66%-$66.19M-0.32x1.68
SRAD
SPORTRADAR GROUP AG
NASDAQ
Software - Application
$9.77B$8.80-1.23%$230.30MN/A1.42
FTFT
FUTURE FINTECH GROUP INC
NASDAQ
Software - Application
$33.56M$0.463.15%-$17.67M-1.77x0.14
PALT
PALTALK INC
NASDAQ
Software - Application
$13.81M$1.42-6.58%-$1.81M-5.26x0.19
MRIN
MARIN SOFTWARE INC
NASDAQ
Software - Application
$22.83M$1.43-4.67%-$14.64M-1.38x0.27
ALRM
ALARMCOM HOLDINGS INC
NASDAQ
Software - Application
$3.16B$63.58-0.31%$92.83M74.80x1.21

App Stocks FAQ

What are the best app stocks to buy right now in Sep 2022?

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

1. Yalla Group (NYSE:YALA)


Yalla Group (NYSE:YALA) is the top app stock with a Zen Score of 69, which is 38 points higher than the app industry average of 31. It passed 23 out of 33 due diligence checks and has strong fundamentals. Yalla Group has seen its stock lose -57.05% over the past year, underperforming other app stocks by -7 percentage points.

Yalla Group has an average 1 year price target of $25.00, an upside of 639.64% from Yalla Group's current stock price of $3.38.

Yalla Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Yalla Group, 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.

2. Corecard (NYSE:CCRD)


Corecard (NYSE:CCRD) is the second best app stock with a Zen Score of 64, which is 33 points higher than the app industry average of 31. It passed 21 out of 33 due diligence checks and has strong fundamentals. Corecard has seen its stock lose -44.21% over the past year, overperforming other app stocks by 6 percentage points.

Corecard has an average 1 year price target of $50.00, an upside of 130.73% from Corecard's current stock price of $21.67.

Corecard stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Corecard, 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.

3. Paya Holdings (NASDAQ:PAYA)


Paya Holdings (NASDAQ:PAYA) is the third best app stock with a Zen Score of 61, which is 30 points higher than the app industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Paya Holdings has seen its stock lose -45.81% over the past year, overperforming other app stocks by 4 percentage points.

Paya Holdings has an average 1 year price target of $8.25, an upside of 46.54% from Paya Holdings's current stock price of $5.63.

Paya Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Paya Holdings, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the app stocks with highest dividends?

Out of 16 app stocks that have issued dividends in the past year, the 3 app stocks with the highest dividend yields are:

1. Mind Cti (NASDAQ:MNDO)


Mind Cti (NASDAQ:MNDO) has an annual dividend yield of 11.58%, which is 9 percentage points higher than the app industry average of 2.71%. Mind Cti's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Mind Cti's dividend has shown consistent growth over the last 10 years.

Mind Cti's dividend payout ratio of 92.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Sap Se (NYSE:SAP)


Sap Se (NYSE:SAP) has an annual dividend yield of 4.03%, which is 1 percentage points higher than the app industry average of 2.71%. Sap Se's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Sap Se's dividend has shown consistent growth over the last 10 years.

3. Sapiens International N V (NASDAQ:SPNS)


Sapiens International N V (NASDAQ:SPNS) has an annual dividend yield of 3.52%, which is 1 percentage points higher than the app industry average of 2.71%. Sapiens International N V's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Sapiens International N V's dividend has shown consistent growth over the last 10 years.

Sapiens International N V's dividend payout ratio of 49% indicates that its dividend yield is sustainable for the long-term.

Why are app stocks down?

App stocks were down -1.38% in the last day, and down -6.81% over the last week. Presto Automation was the among the top losers in the software - application industry, dropping -40% yesterday.

Presto Automation shares are trading lower. The company recently completed its previously announced business combination with Ventoux CCM Acquisition.

What are the most undervalued app stocks?

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

1. Gse Systems (NASDAQ:GVP)


Gse Systems (NASDAQ:GVP) is the most undervalued app stock based on WallStreetZen's Valuation Score. Gse Systems has a valuation score of 100, which is 71 points higher than the app industry average of 29. It passed 7 out of 7 valuation due diligence checks.

Gse Systems's stock has dropped -30.28% in the past year. It has overperformed other stocks in the app industry by 20 percentage points.

2. Netsol Technologies (NASDAQ:NTWK)


Netsol Technologies (NASDAQ:NTWK) is the second most undervalued app stock based on WallStreetZen's Valuation Score. Netsol Technologies has a valuation score of 100, which is 71 points higher than the app industry average of 29. It passed 7 out of 7 valuation due diligence checks.

Netsol Technologies's stock has dropped -14.83% in the past year. It has overperformed other stocks in the app industry by 35 percentage points.

3. Tsr (NASDAQ:TSRI)


Tsr (NASDAQ:TSRI) is the third most undervalued app stock based on WallStreetZen's Valuation Score. Tsr has a valuation score of 100, which is 71 points higher than the app industry average of 29. It passed 7 out of 7 valuation due diligence checks.

Tsr's stock has dropped -27.51% in the past year. It has overperformed other stocks in the app industry by 23 percentage points.

Are app stocks a good buy now?

46.55% of app stocks rated by analysts are a strong buy right now. On average, analysts expect app stocks to rise by 54.68% over the next year.

What is the average p/e ratio of the software - application industry?

The average P/E ratio of the software - application industry is 235.4x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.