Sectors & Industries TechnologySoftware - Application
Best App Stocks to Buy Now (2024)
Top app stocks in 2024 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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
YMM	FULL TRUCK ALLIANCE CO LTD	$8.61	$29.42	-70.73%	31.08x	N/A	7.79x	1.84x	0.11x	$300.24M	3.30%	$4.92B	4.67	$8.13B	24.42
RDVT	RED VIOLET INC	$16.78	$89.59	-81.27%	17.30x	N/A	3.90x	2.72x	0.07x	$5.93M	2.53%	$86.11M	6.16	$204.85M	18.87
AGYS	AGILYSYS INC	$83.05	$591.33	-85.96%	24.94x	N/A	9.39x	9.87x	0.05x	$23.88M	1.11%	$230.27M	8.92	$2.18B	86.67
DV	DOUBLEVERIFY HOLDINGS INC	$29.30	$7.05	315.70%	68.14x	62.34x	8.59x	4.67x	2.19x	$102.73M	2.09%	$1.07B	6.40	$4.79B	33.16
YALA	YALLA GROUP LTD	$4.70	$10.75	-56.28%	6.35x	N/A	2.35x	1.31x	0.25x	$137.69M	18.40%	$567.68M	3.56	$434.95M	3.53
ZI	ZOOMINFO TECHNOLOGIES INC	$15.86	$10.39	52.61%	58.74x	18.88x	4.86x	2.84x	0.62x	$408.40M	6.78%	$2.12B	5.58	$6.91B	13.42
HKD	AMTD DIGITAL INC	$3.29	$5.40	-39.10%	14.69x	N/A	19.02x	1.38x	0.28x	$19.61M	3.10%	$457.95M	2.39	$541.94M	10.97
SPNS	SAPIENS INTERNATIONAL CORP N V	$30.80	$14.65	110.24%	27.26x	21.54x	3.34x	3.84x	1.28x	$70.38M	4.10%	$447.27M	8.03	$1.68B	16.79
KARO	KAROOOOO LTD	$29.06	$24.89	16.77%	25.67x	15.46x	4.28x	6.34x	0.54x	$41.57M	4.62%	$141.89M	4.58	$871.76M	N/A
AMSWA	AMERICAN SOFTWARE INC	$10.11	$3.12	223.85%	28.08x	N/A	3.05x	2.56x	3.09x	$18.75M	5.57%	$131.09M	3.94	$280.00M	14.95
ADSK	AUTODESK INC	$212.85	$73.01	191.52%	49.62x	34.22x	8.52x	30.72x	1.51x	$1.76B	3.87%	$1.48B	6.93	$46.65B	37.96
ZM	ZOOM VIDEO COMMUNICATIONS INC	$61.10	N/A	N/A	28.82x	35.73x	4.06x	2.34x	N/A	$1.47B	8.01%	$8.02B	26.67	$17.28B	18.04
SSNC	SS&C TECHNOLOGIES HOLDINGS INC	$61.89	$61.85	0.07%	25.26x	13.00x	2.79x	2.41x	0.45x	$963.70M	6.27%	$6.34B	25.53	$21.78B	10.87
NOW	SERVICENOW INC	$693.33	$102.89	573.84%	81.76x	166.27x	15.78x	18.63x	4.31x	$2.70B	1.91%	$7.63B	37.37	$142.52B	90.78
DDOG	DATADOG INC	$125.50	$5.29	2,273.78%	836.67x	4,183.33x	19.11x	20.56x	9.84x	$597.55M	1.47%	$2.03B	6.25	$42.22B	307.33
APPF	APPFOLIO INC	$226.78	$28.28	701.77%	105.97x	N/A	12.18x	24.21x	4.80x	$87.21M	1.07%	$339.20M	9.40	$8.19B	84.85
TTD	TRADE DESK INC	$82.85	$7.59	991.79%	223.92x	129.45x	20.83x	18.72x	5.22x	$543.30M	1.34%	$2.16B	4.42	$39.85B	121.17
UBER	UBER TECHNOLOGIES INC	$66.27	$18.82	252.17%	71.26x	141.00x	3.62x	12.23x	1.69x	$3.36B	2.49%	$11.25B	5.53	$141.80B	39.88
DT	DYNATRACE INC	$45.31	$18.67	142.63%	67.63x	N/A	9.79x	7.01x	1.06x	$339.63M	2.54%	$1.91B	6.49	$12.70B	72.48
PUBM	PUBMATIC INC	$22.44	$9.75	130.09%	132.00x	22.00x	4.35x	3.79x	0.89x	$52.83M	4.55%	$296.20M	5.72	$1.07B	17.35
APP	APPLOVIN CORP	$70.57	$13.60	418.85%	69.87x	38.15x	7.57x	19.21x	3.07x	$1.06B	4.26%	$1.26B	3.57	$26.81B	23.41
WDAY	WORKDAY INC	$244.73	N/A	N/A	46.35x	220.48x	8.81x	7.99x	N/A	$1.91B	2.99%	$8.08B	30.93	$65.89B	89.77
SRAD	SPORTRADAR GROUP AG	$9.32	$4.41	111.58%	71.69x	31.07x	2.91x	2.94x	0.88x	$265.23M	9.54%	$943.25M	3.16	$2.53B	7.83
SHOP	SHOPIFY INC	$70.20	$4.41	1,492.05%	702.00x	-540.00x	12.74x	9.96x	6.36x	$905.00M	1.01%	$9.07B	7.07	$90.05B	353.15
ANSS	ANSYS INC	$324.88	$90.68	258.29%	56.40x	40.92x	12.43x	5.24x	1.93x	$691.80M	2.45%	$5.39B	62.08	$28.26B	35.54
IMMR	IMMERSION CORP	$7.27	N/A	N/A	6.92x	N/A	6.90x	1.26x	N/A	$20.60M	8.79%	$183.10M	5.68	$174.39M	4.03
MNDO	MIND CTI LTD	$1.89	N/A	N/A	7.27x	N/A	1.76x	1.55x	N/A	$4.04M	10.58%	$24.49M	1.22	$35.72M	6.24
EGAN	EGAIN CORP	$6.21	$2.84	118.76%	27.00x	N/A	2.02x	2.90x	1.38x	$12.14M	6.26%	$66.79M	2.14	$108.99M	10.85
INTU	INTUIT INC	$625.62	$91.35	584.85%	63.32x	58.31x	11.61x	10.36x	5.90x	$4.68B	2.67%	$16.91B	60.39	$180.11B	40.37
NICE	NICE LTD	$223.51	$76.42	192.49%	42.01x	31.79x	5.98x	4.21x	1.66x	$477.25M	3.36%	$3.34B	52.54	$14.32B	23.77
TSRI	TSR INC	$7.79	N/A	N/A	8.75x	N/A	0.19x	0.95x	N/A	$2.18M	13.01%	$17.69M	8.22	$6.91M	2.49
DSGX	DESCARTES SYSTEMS GROUP INC	$92.79	$16.87	450.05%	68.23x	N/A	13.78x	6.38x	3.45x	$202.12M	2.56%	$1.24B	14.55	$7.58B	34.69
DCBO	DOCEBO INC	$44.78	$4.03	1,011.55%	497.56x	203.55x	8.05x	26.76x	4.43x	$15.33M	1.05%	$50.72M	1.56	$1.29B	-1,716.30
ROP	ROPER TECHNOLOGIES INC	$511.46	$139.97	265.41%	39.40x	29.84x	8.83x	3.14x	2.60x	$1.93B	3.53%	$17.44B	163.65	$60.85B	31.06
MTLS	MATERIALISE NV	$5.22	$1.30	302.12%	40.47x	11.35x	1.07x	1.19x	3.10x	$11.49M	3.74%	$258.10M	4.37	$233.91M	6.75
SURG	SURGEPAYS INC	$3.64	N/A	N/A	2.51x	N/A	0.38x	2.49x	N/A	$10.01M	19.29%	$28.25M	1.98	$61.04M	3.04
PCTY	PAYLOCITY HOLDING CORP	$155.16	N/A	N/A	51.72x	59.00x	6.75x	8.86x	N/A	$265.04M	3.04%	$986.77M	17.55	$8.42B	28.21
ALRM	ALARMCOM HOLDINGS INC	$66.50	$21.16	214.31%	40.80x	N/A	3.76x	4.82x	1.91x	$121.79M	3.68%	$688.55M	13.82	$3.15B	21.75
LSPD	LIGHTSPEED COMMERCE INC	$13.08	N/A	N/A	-9.69x	-14.22x	2.34x	0.82x	N/A	-$126.16M	-6.25%	$2.44B	15.80	$1.28B	-9.56
ALKT	ALKAMI TECHNOLOGY INC	$24.07	N/A	N/A	-35.93x	N/A	8.55x	7.17x	N/A	-$23.79M	-1.05%	$324.94M	3.45	$2.31B	-51.44
PLUS	EPLUS INC	$76.88	$47.36	62.33%	16.19x	N/A	0.95x	2.36x	1.26x	$264.57M	12.93%	$877.75M	32.98	$1.93B	9.63
PAYC	PAYCOM SOFTWARE INC	$187.98	$69.00	172.44%	31.81x	26.29x	6.40x	8.30x	1.80x	$292.57M	2.70%	$1.30B	22.58	$10.52B	17.89
VTEX	VTEX	$7.42	N/A	N/A	-101.64x	371.00x	6.78x	5.68x	N/A	$3.71M	0.27%	$240.29M	1.31	$1.34B	35.49
CDNS	CADENCE DESIGN SYSTEMS INC	$275.63	$43.17	538.46%	71.04x	90.97x	18.22x	21.02x	4.41x	$1.21B	1.63%	$3.57B	13.23	$74.65B	51.22
PRGS	PROGRESS SOFTWARE CORP	$49.82	$12.67	293.22%	31.33x	N/A	3.05x	4.66x	4.42x	$192.16M	8.81%	$461.74M	10.54	$2.73B	21.42
OTEX	OPEN TEXT CORP	$35.31	$41.77	-15.46%	75.13x	10.51x	1.68x	2.38x	0.32x	$711.78M	7.42%	$4.03B	14.84	$17.45B	11.38
YOU	CLEAR SECURE INC	$17.47	$7.50	132.92%	56.35x	30.12x	2.58x	11.28x	1.05x	$199.48M	12.60%	$233.33M	2.58	$2.57B	91.96
SYT	SYLA TECHNOLOGIES CO LTD	$1.46	$2.15	-32.10%	9.80x	N/A	0.24x	0.70x	0.38x	N/A	N/A	$53.88M	2.16	$161.91M	N/A
MTC	MMTEC INC	$3.12	N/A	N/A	6.64x	N/A	390.00x	5.08x	N/A	-$5.14M	-1.57%	$122.36M	1.16	$652.73M	13.02
NCNO	NCINO INC	$29.16	N/A	N/A	-76.74x	-74.77x	6.90x	3.17x	N/A	$53.81M	1.64%	$1.05B	9.31	$3.29B	249.88
SEZL	SEZZLE INC	$50.63	N/A	N/A	39.87x	N/A	1.78x	12.91x	N/A	-$27.06M	-9.53%	$22.09M	3.94	$310.26M	12.65
CXM	SPRINKLR INC	$11.69	N/A	N/A	61.53x	N/A	4.31x	4.70x	N/A	$51.14M	1.62%	$679.70M	2.52	$3.06B	36.32
TRAK	REPOSITRAK INC	$15.83	$2.24	605.21%	54.59x	N/A	14.51x	6.30x	8.48x	$7.37M	2.56%	$45.74M	2.52	$265.60M	34.95
AI	C3AI INC	$22.53	N/A	N/A	-9.67x	-18.62x	9.16x	3.06x	N/A	-$92.87M	-3.42%	$898.00M	7.45	$2.64B	-10.27
SAP	SAP SE	$181.21	N/A	N/A	40.70x	44.41x	6.18x	4.57x	N/A	$6.56B	3.10%	$46.32B	39.69	$211.80B	36.34
FRSH	FRESHWORKS INC	$17.85	N/A	N/A	-37.98x	-30.78x	8.77x	4.96x	N/A	$77.95M	1.49%	$1.07B	3.66	$4.86B	-46.75
HKIT	HITEK GLOBAL INC	$1.41	N/A	N/A	17.63x	N/A	4.10x	0.72x	N/A	-$737.88k	-3.97%	$28.34M	2.14	$13.59M	6.93
MANH	MANHATTAN ASSOCIATES INC	$206.06	$28.54	621.90%	66.47x	N/A	13.20x	52.95x	6.26x	$235.86M	1.86%	$239.61M	3.89	$12.53B	54.29
CCRD	CORECARD CORP	$11.98	N/A	N/A	29.95x	N/A	1.81x	1.89x	N/A	$11.57M	11.41%	$52.70M	6.23	$73.58M	6.84
DUOL	DUOLINGO INC	$225.75	N/A	N/A	578.85x	-123.36x	18.22x	14.77x	N/A	$140.03M	1.45%	$655.50M	15.29	$8.95B	359.84
MNDY	MONDAYCOM LTD	$189.33	N/A	N/A	-4,733.25x	N/A	12.55x	11.39x	N/A	$204.95M	2.24%	$813.51M	16.82	$8.21B	-277.65
IDN	INTELLICHECK INC	$3.21	N/A	N/A	-32.10x	N/A	3.27x	3.61x	N/A	-$740.00k	-1.18%	$17.28M	0.90	$58.31M	-29.24
WFCF	WHERE FOOD COMES FROM INC	$12.32	$4.79	157.36%	31.58x	N/A	2.69x	6.25x	1.63x	$2.67M	3.96%	$10.82M	1.97	$67.75M	18.29
FROG	JFROG LTD	$39.88	N/A	N/A	-67.59x	-132.93x	11.77x	6.24x	N/A	$72.17M	1.75%	$679.12M	6.57	$4.18B	-135.81
FRGE	FORGE GLOBAL HOLDINGS INC	$1.83	N/A	N/A	-3.52x	N/A	4.54x	1.25x	N/A	-$41.98M	-13.22%	$263.51M	1.52	$193.52M	-2.26
NXPL	NEXTPLAT CORP	$1.27	N/A	N/A	-5.77x	N/A	0.59x	0.74x	N/A	-$4.24M	-19.13%	$32.18M	1.84	$441.24k	-0.39
PET	WAG! GROUP CO	$2.24	N/A	N/A	-6.39x	N/A	1.02x	54.84x	N/A	-$6.83M	-7.96%	$1.65M	0.04	$100.55M	-26.45
VMEO	VIMEO INC	$3.59	N/A	N/A	27.62x	-9.70x	1.45x	1.58x	N/A	$38.32M	6.35%	$382.23M	2.28	$301.91M	8.58
RUM	RUMBLE INC	$7.06	N/A	N/A	-12.17x	N/A	17.56x	10.83x	N/A	-$107.48M	-7.56%	$251.62M	1.25	$2.51B	-22.00
LAW	CS DISCO INC	$7.55	N/A	N/A	-10.79x	-8.88x	3.29x	2.30x	N/A	-$30.39M	-6.69%	$200.34M	3.33	$310.62M	-8.70
GRAB	GRAB HOLDINGS LTD	$3.50	N/A	N/A	-31.82x	-70.00x	5.83x	2.13x	N/A	$88.00M	0.63%	$6.45B	1.64	$11.42B	-34.62
BRZE	BRAZE INC	$41.90	N/A	N/A	-31.74x	N/A	8.71x	9.51x	N/A	-$6.49M	-0.16%	$444.23M	4.53	$4.24B	-35.30
ENFN	ENFUSION INC	$9.31	N/A	N/A	133.00x	-186.20x	4.70x	22.22x	N/A	$15.96M	1.94%	$53.67M	0.61	$1.17B	49.91
MTTR	MATTERPORT INC	$4.60	N/A	N/A	-6.97x	-7.54x	8.76x	2.70x	N/A	-$68.62M	-4.96%	$529.28M	1.76	$1.35B	-7.51
PEGA	PEGASYSTEMS INC	$59.42	N/A	N/A	63.89x	N/A	3.48x	12.95x	N/A	$323.93M	6.47%	$390.19M	4.63	$5.32B	44.08
RSKD	RISKIFIED LTD	$5.15	N/A	N/A	-15.61x	N/A	3.06x	1.87x	N/A	$5.92M	0.66%	$491.72M	2.78	$510.02M	-7.69
CRM	SALESFORCE INC	$268.94	N/A	N/A	63.28x	66.08x	7.52x	4.37x	N/A	$9.50B	3.63%	$59.65B	61.24	$264.99B	29.74
DJCO	DAILY JOURNAL CORP	$335.20	$99.29	237.61%	28.43x	N/A	6.46x	2.17x	3.39x	$11.47M	2.48%	$213.08M	154.74	$516.27M	20.83
SEMR	SEMRUSH HOLDINGS INC	$12.24	N/A	N/A	1,224.00x	-408.00x	5.67x	8.07x	N/A	$335.00k	0.02%	$219.15M	1.54	$1.73B	112.20
SMRT	SMARTRENT INC	$2.32	N/A	N/A	-13.65x	17.85x	1.97x	1.38x	N/A	$2.21M	0.47%	$342.45M	1.71	$257.27M	-7.02
FSLY	FASTLY INC	$12.65	N/A	N/A	-12.28x	-7.86x	3.22x	1.73x	N/A	-$31.86M	-1.95%	$979.49M	7.61	$2.02B	-58.55
TEAM	ATLASSIAN CORP	$172.30	N/A	N/A	-273.49x	-374.57x	10.74x	39.54x	N/A	$1.27B	2.84%	$1.13B	4.37	$44.15B	1,517.07
OLO	OLO INC	$4.80	N/A	N/A	-13.33x	-20.00x	3.43x	1.19x	N/A	-$19.67M	-2.52%	$651.47M	4.00	$515.71M	-11.50
PTC	PTC INC	$177.44	$45.20	292.60%	88.72x	38.41x	9.69x	7.56x	1.82x	$598.08M	2.83%	$2.81B	23.56	$23.40B	37.57
RDDT	REDDIT INC	$44.44	N/A	N/A	-28.86x	N/A	3.27x	N/A	N/A	-$84.84M	-3.23%	-$412.92M	-6.98	N/A	N/A
INLX	INTELLINETICS INC	$7.00	N/A	N/A	53.85x	N/A	1.69x	2.95x	N/A	$236.58k	0.83%	$9.75M	2.39	$33.23M	15.64
PALT	PALTALK INC	$3.58	N/A	N/A	-29.79x	N/A	3.00x	1.64x	N/A	-$1.08M	-3.27%	$20.13M	2.18	$19.48M	-23.68
ULY	URGENTLY INC	$1.62	N/A	N/A	0.06x	N/A	0.12x	2.26x	N/A	-$65.29M	-300.49%	$9.60M	0.72	$55.50M	0.46
TROO	TROOPS INC	$1.13	N/A	N/A	-56.50x	N/A	32.29x	1.90x	N/A	-$6.76M	-5.93%	$60.58M	0.60	$111.70M	350.15
PCOR	PROCORE TECHNOLOGIES INC	$68.42	N/A	N/A	-51.06x	-53.45x	10.22x	8.58x	N/A	$47.01M	0.48%	$1.16B	8.14	$9.64B	-94.74
API	AGORA INC	$2.49	N/A	N/A	-2.83x	-4.88x	1.75x	0.38x	N/A	-$25.24M	-10.16%	$604.75M	6.07	$207.89M	-2.76
MKTW	MARKETWISE INC	$1.56	$2.45	-36.29%	26.00x	6.50x	0.11x	-46.39x	0.26x	$60.70M	122.69%	-$11.08M	-0.35	$364.70M	78.65
KVYO	KLAVIYO INC	$22.40	N/A	N/A	-17.64x	N/A	7.79x	6.40x	N/A	$110.01M	2.02%	$914.78M	3.77	$5.16B	-18.42
PDFS	PDF SOLUTIONS INC	$30.08	N/A	N/A	376.00x	N/A	6.90x	5.07x	N/A	$3.38M	0.30%	$228.95M	6.02	$1.07B	79.65
GTLB	GITLAB INC	$52.47	N/A	N/A	-19.08x	N/A	13.96x	14.55x	N/A	$33.44M	0.41%	$571.17M	3.70	$8.02B	-52.24
FICO	FAIR ISAAC CORP	$1,133.33	$269.06	321.23%	58.54x	N/A	17.53x	-38.07x	2.44x	$467.18M	1.66%	-$735.66M	-29.64	$29.93B	41.17
SWVL	SWVL HOLDINGS CORP	$13.70	N/A	N/A	30.44x	N/A	4.07x	10.39x	N/A	-$9.12M	-9.80%	$8.95M	1.32	$91.78M	23.55
NRDY	NERDY INC	$2.59	N/A	N/A	-6.32x	-3.65x	1.30x	8.57x	N/A	-$14.45M	-5.75%	$52.48M	0.54	$375.10M	-10.23
MYSZ	MY SIZE INC	$4.05	N/A	N/A	-0.20x	0.67x	0.18x	0.54x	N/A	-$6.11M	-473.62%	$4.74M	14.85	$1.01M	-0.16
DOCU	DOCUSIGN INC	$56.60	N/A	N/A	157.22x	176.88x	4.18x	10.29x	N/A	$887.14M	7.68%	$1.13B	5.54	$10.97B	50.59

App Stocks FAQ

What are the best app stocks to buy right now in May 2024?

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

1. Full Truck Alliance Co (NYSE:YMM)

Full Truck Alliance Co (NYSE:YMM) is the top app stock with a Zen Score of 68, which is 41 points higher than the app industry average of 27. It passed 22 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 32.46% over the past year, overperforming other app stocks by 11 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -30.31% from Full Truck Alliance Co's current stock price of $8.61.

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

2. Red Violet (NASDAQ:RDVT)

Red Violet (NASDAQ:RDVT) is the second best app stock with a Zen Score of 66, which is 39 points higher than the app industry average of 27. It passed 21 out of 33 due diligence checks and has strong fundamentals. Red Violet has seen its stock return 0.12% over the past year, underperforming other app stocks by -21 percentage points.

Red Violet has an average 1 year price target of $25.00, an upside of 48.99% from Red Violet's current stock price of $16.78.

Red Violet stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Red Violet, 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. Agilysys (NASDAQ:AGYS)

Agilysys (NASDAQ:AGYS) is the third best app stock with a Zen Score of 64, which is 37 points higher than the app industry average of 27. It passed 21 out of 33 due diligence checks and has strong fundamentals. Agilysys has seen its stock return 5.23% over the past year, underperforming other app stocks by -16 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 20.41% from Agilysys's current stock price of $83.05.

Agilysys stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Agilysys, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 17 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 12.7%, which is 10 percentage points higher than the app industry average of 2.42%. 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 not shown consistent growth over the last 10 years.

Mind Cti's dividend payout ratio of 92.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Upbound Group (NASDAQ:UPBD)

Upbound Group (NASDAQ:UPBD) has an annual dividend yield of 4.58%, which is 2 percentage points higher than the app industry average of 2.42%. Upbound Group's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Upbound Group's dividend has shown consistent growth over the last 10 years.

Upbound Group's dividend payout ratio of -1,544.4% indicates that its dividend yield might not be sustainable for the long-term.

3. American Software (NASDAQ:AMSWA)

American Software (NASDAQ:AMSWA) has an annual dividend yield of 4.35%, which is 2 percentage points higher than the app industry average of 2.42%. American Software's dividend payout is stable, having never dropped by more than 10% in the last 10 years. American Software's dividend has shown consistent growth over the last 10 years.

American Software's dividend payout ratio of 122.2% indicates that its dividend yield might not be sustainable for the long-term.

Why are app stocks down?

App stocks were down -3.47% in the last day, and down -4.23% over the last week. Microstrategy was the among the top losers in the software - application industry, dropping -17.63% yesterday.

MicroStrategy shares are trading lower after the company reported worse-than-expected Q1 financial results.

What are the most undervalued app stocks?

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

1. Red Violet (NASDAQ:RDVT)

Red Violet (NASDAQ:RDVT) is the most undervalued app stock based on WallStreetZen's Valuation Score. Red Violet has a valuation score of 71, which is 53 points higher than the app industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Red Violet's stock has gained 0.12% in the past year. It has underperformed other stocks in the app industry by -21 percentage points.

2. Adeia (NASDAQ:ADEA)

Adeia (NASDAQ:ADEA) is the second most undervalued app stock based on WallStreetZen's Valuation Score. Adeia has a valuation score of 71, which is 53 points higher than the app industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Adeia's stock has gained 28.8% in the past year. It has overperformed other stocks in the app industry by 8 percentage points.

3. Mind Cti (NASDAQ:MNDO)

Mind Cti (NASDAQ:MNDO) is the third most undervalued app stock based on WallStreetZen's Valuation Score. Mind Cti has a valuation score of 71, which is 53 points higher than the app industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Mind Cti's stock has dropped -2.07% in the past year. It has underperformed other stocks in the app industry by -23 percentage points.

Are app stocks a good buy now?

44.25% of app stocks rated by analysts are a buy right now. On average, analysts expect app stocks to rise by 24.03% 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 91.28x.

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.