Sectors & IndustriesTechnologySoftware - Application
Best App Stocks to Buy Now (2026)
Top app stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best app stocks to buy now. Learn More.

Industry: Software - Application
B
App is Zen Rated B and is the 52nd ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Price
Value
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
RSKD
RISKIFIED LTD
$6.51N/AN/A-54.25x25.27x2.46x4.11xN/A$46.09M5.08%$209.20M1.50$777.85M-60.98
EGHT
8X8 INC
$1.89$2.53-25.34%47.25x5.26x0.36x1.85x0.25x$46.47M17.30%$147.82M1.04$538.20M9.47
RNG
RINGCENTRAL INC
$73.39$34.08115.32%57.79x14.43x2.39x-10.04x0.83x$576.49M9.35%-$610.36M-7.26$7.16B17.51
DHX
DHI GROUP INC
$4.52$7.08-36.16%150.67x14.92x1.47x2.09x0.20x$20.12M10.95%$94.08M2.32$233.25M13.15
MITK
MITEK SYSTEMS INC
$18.57$11.1067.33%37.14x15.75x4.24x3.34x0.67x$48.61M5.79%$250.52M5.55$799.55M14.95
VTEX
VTEX
$3.61$1.78102.79%20.63x17.29x2.36x2.67x1.23x$44.12M7.40%$223.88M1.35$588.49M19.77
AEYE
AUDIOEYE INC
$7.61N/AN/A-20.57x7.57x2.26x29.68xN/A$4.07M4.28%$3.22M0.26$103.68M249.82
APPS
DIGITAL TURBINE INC
$10.71N/AN/A-34.55x14.48x2.15x6.80xN/A$25.89M2.01%$190.59M1.58$1.61B15.01
SPT
SPROUT SOCIAL INC
$11.36N/AN/A-22.72x9.99x1.42x3.01xN/A$50.36M7.36%$228.55M3.79$614.28M-52.96
SMWB
SIMILARWEB LTD
$8.84N/AN/A-35.36x42.87x2.63x34.26xN/A$14.06M1.81%$22.77M0.26$751.94M-327.07
YOU
CLEAR SECURE INC
$44.33$18.43140.54%29.55x25.01x4.47x29.08x1.26x$508.39M11.37%$206.24M2.05$5.87B23.61
DOCU
DOCUSIGN INC
$68.41$31.60116.49%43.57x14.81x4.07x7.18x0.90x$1.12B8.38%$1.82B9.31$12.70B23.92
CALX
CALIX INC
$35.96$21.6965.78%45.52x20.48x2.06x3.19x0.63x$85.42M3.74%$710.02M11.18$2.21B27.44
XPER
XPERI INC
$5.79N/AN/A-8.27x6.73x0.61x0.68xN/A-$15.58M-5.56%$415.09M8.57$249.46M6.20
RMNI
RIMINI STREET INC
$5.01$7.63-34.36%71.57x14.03x1.08x-28.06x0.22x$63.87M13.71%-$16.67M-0.18$411.46M14.14
BL
BLACKLINE INC
$32.71$17.2190.06%55.44x12.79x2.61x6.01x0.72x$149.12M7.79%$316.17M5.40$2.35B19.82
WK
WORKIVA INC
$76.55$25.71197.78%92.23x22.08x4.41x-42.91x1.11x$200.52M4.71%-$97.08M-1.75$4.70B62.28
PRGS
PROGRESS SOFTWARE CORP
$44.05$40.189.63%21.08x7.01x1.84x3.57x0.46x$305.22M16.54%$506.08M12.08$3.03B16.00
MTLS
MATERIALISE NV
$7.46$1.57374.55%25.64xN/A1.23x1.45x16.54x$23.30M5.36%$298.78M5.12$346.16M7.73
CHYM
CHIME FINANCIAL INC
$33.76N/AN/A37.93x77.61x5.22x9.10xN/A$308.90M2.41%$1.40B3.70$12.35B559.41
BILL
BILL HOLDINGS INC
$49.16N/AN/A-446.91x13.03x2.97x1.19xN/A$354.68M7.22%$3.53B35.34$5.05B44.00
INTA
INTAPP INC
$41.71N/AN/A-80.21x25.56x5.75x10.05xN/A$136.36M4.11%$317.60M3.99$3.04B-229.04
BLKB
BLACKBAUD INC
$47.10$41.5813.29%14.49x8.80x1.84x31.89x0.58x$276.59M13.12%$67.03M1.50$2.41B7.49
FRSH
FRESHWORKS INC
$12.73$5.94114.23%20.21x18.66x3.83x3.71x1.40x$220.68M6.37%$895.94M3.30$2.85B31.51
CMRC
COMMERCECOM INC
$2.57N/AN/A-36.71x8.40x0.61x4.12xN/A$19.55M9.22%$51.63M0.63$319.13M19.14
HUBS
HUBSPOT INC
$247.60$96.41156.82%87.49x18.28x3.63x7.45x0.94x$658.44M5.26%$1.66B32.76$11.63B34.89
EXFY
EXPENSIFY INC
$2.38N/AN/A-14.00x19.44x1.64x1.61xN/A$10.55M4.62%$134.56M1.41$156.64M-254.29
RDVT
RED VIOLET INC
$76.14$18.62308.89%65.64x45.63x10.90x10.95x1.85x$21.19M1.96%$111.61M7.87$1.17B38.76
ZETA
ZETA GLOBAL HOLDINGS CORP
$31.35N/AN/A0.00x31.91x4.90x8.49xN/A$201.99M2.63%$926.50M3.78$7.76B103.24
U
UNITY SOFTWARE INC
$41.66N/AN/A-30.63x-60.54x8.99x6.04xN/A$538.39M2.95%$3.03B6.93$18.22B-94.04
FSLY
FASTLY INC
$20.59N/AN/A-38.85x39.82x4.72x3.31xN/A$34.45M1.06%$990.82M6.29$3.59B174.60
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$83.65$54.8652.47%23.37x11.61x3.03x2.96x0.70x$1.52B7.65%$6.64B27.89$26.97B12.01
VERX
VERTEX INC
$13.77$2.50451.50%459.00x16.43x2.84x9.26x1.84x$50.64M2.27%$241.11M1.49$2.33B23.13
OTEX
OPEN TEXT CORP
$23.95$23.153.47%9.28xN/A1.14x1.44x0.72x$807.52M13.54%$4.01B16.12$10.82B6.09
DDOG
DATADOG INC
$212.93$17.461,119.34%417.51x81.75x19.12x17.51x4.46x$1.07B1.41%$4.37B12.26$77.30B243.90
DCBO
DOCEBO INC
$24.77$49.07-49.52%20.99xN/A2.47x-2,080.00x0.18x$35.04M5.47%-$306.00k-0.01$684.53M28.35
KARO
KAROOOOO LTD
$65.48$136.68-52.09%32.29x1.63x5.74x9.23x0.16x$43.43M2.15%$219.21M7.10$2.02BN/A
NCNO
NCINO INC
$23.12$8.57169.89%72.25x17.32x3.90x2.63x1.04x$132.17M5.45%$929.83M8.87$2.70B29.72
WDAY
WORKDAY INC
$195.79$84.01133.06%39.55x17.88x4.73x7.30x1.03x$2.84B5.92%$6.46B26.35$50.30B28.34
CRNC
CERENCE INC
$8.53N/AN/A-23.69x11.42x1.25x2.32xN/A$78.64M20.40%$166.35M3.68$445.26M11.32
ASUR
ASURE SOFTWARE INC
$9.28N/AN/A-32.00x10.64x1.72x1.36xN/A$9.33M3.49%$197.76M6.88$323.20M11.12
ADSK
AUTODESK INC
$217.90$94.11131.54%28.04x16.96x5.87x13.46x1.22x$2.84B6.20%$3.38B16.11$45.15B19.58
CDNS
CADENCE DESIGN SYSTEMS INC
$292.70$73.79296.64%57.73x35.28x13.74x11.75x1.88x$1.68B2.09%$6.86B25.03$81.65B35.86
ALRM
ALARMCOM HOLDINGS INC
$56.48$21.81158.95%23.83x19.14x2.63x3.21x1.74x$186.62M6.70%$864.46M17.52$2.86B12.90
KLTR
KALTURA INC
$1.51N/AN/A-15.10x148.04x1.23x136.14xN/A$10.33M4.64%$1.69M0.01$247.90M105.76
QTWO
Q2 HOLDINGS INC
$62.13$30.97100.64%41.98x21.21x4.59x6.02x0.82x$189.04M4.87%$643.45M10.30$3.81B25.06
YMM
FULL TRUCK ALLIANCE CO LTD
$8.65$26.72-67.63%14.54x1.72x4.72x1.49x0.11x$958.14M10.67%$6.01B5.80$7.95BN/A
MNTN
MNTN INC
$12.95$9.4537.04%11.56x16.05x3.06x2.90x1.03x$59.60M6.22%$334.33M4.52$731.42M12.55
ASAN
ASANA INC
$8.81N/AN/A-13.35x23.18x2.46x19.34xN/A$111.97M5.51%$104.32M0.45$2.02B-19.26
UPBD
UPBOUND GROUP INC
$18.98$31.83-40.36%12.09x4.49x0.23x1.51x0.25x$384.48M34.75%$733.35M12.58$2.71B1.54
PAYC
PAYCOM SOFTWARE INC
$231.67$101.99127.16%24.57x18.82x4.96x18.27x1.31x$575.20M5.42%$571.50M12.48$11.23B12.53
DSP
VIANT TECHNOLOGY INC
$13.66$4.90178.58%26.27x43.23x0.69x8.00x1.82x$47.74M17.75%$113.45M5.76$737.13M37.87
PCOR
PROCORE TECHNOLOGIES INC
$58.01N/AN/A-223.12x33.82x6.17x6.90xN/A$279.79M3.19%$1.28B8.45$8.38B100.64
CVLT
COMMVAULT SYSTEMS INC
$136.41$38.23256.80%85.79x24.52x4.64x108.61x1.41x$258.45M4.58%$52.05M1.26$5.64B46.70
PCTY
PAYLOCITY HOLDING CORP
$152.25$71.59112.66%30.51x17.06x4.65x6.61x1.01x$427.80M5.20%$1.22B22.59$7.93B15.89
TEAM
ATLASSIAN CORP
$189.58N/AN/A-902.76x33.80x7.50x45.34xN/A$1.32B2.67%$1.06B4.07$47.98B226.16
MNDY
MONDAYCOM LTD
$91.07$49.6983.26%37.48x16.35x2.92x7.08x0.76x$294.58M7.39%$617.98M14.12$3.76B113.12
DT
DYNATRACE INC
$51.90$14.56256.48%101.76x25.76x7.24x6.12x1.35x$570.56M3.76%$2.45B8.39$14.10B43.46
FROG
JFROG LTD
$87.60N/AN/A-236.76x87.64x17.79x11.24xN/A$169.70M1.59%$960.71M7.89$10.72B-1,104.38
YB
YUANBAO INC
$13.72N/AN/A1.89x3.00x0.89x1.12xN/AN/AN/A$552.23M12.25$426.86MN/A
MANH
MANHATTAN ASSOCIATES INC
$213.77$46.58358.93%60.56x38.19x11.15x79.13x2.29x$399.19M3.18%$157.51M2.68$12.33B42.52
PUBM
PUBMATIC INC
$16.50N/AN/A-55.00x-153.35x2.63x3.15xN/A$54.01M7.10%$238.73M5.18$672.24M18.85
CCC
CCC INTELLIGENT SOLUTIONS HOLDINGS INC
$7.51$3.9291.35%93.88x16.61x3.87x2.50x0.67x$307.54M7.14%$1.77B3.09$5.66B16.78
PEGA
PEGASYSTEMS INC
$37.36$18.68100.03%19.77x15.47x3.56x10.96x1.25x$492.50M7.96%$560.38M3.38$6.01B28.09
NAVN
NAVAN INC
$27.78N/AN/AN/A135.64xN/A5.71xN/AN/AN/A$1.24B4.94$6.60BN/A
PD
PAGERDUTY INC
$13.62N/AN/A6.61x10.05x2.13x4.62xN/A$117.47M11.15%$231.96M3.00$1.25B18.80
CRM
SALESFORCE INC
$259.23$98.54163.08%23.54x16.92x4.84x5.56x1.83x$15.15B7.13%$38.38B46.80$246.78B14.41
CXM
SPRINKLR INC
$5.91$2.77113.02%65.67x11.95x1.59x2.64x0.79x$110.64M7.95%$519.48M2.21$1.18B12.55
DSGX
DESCARTES SYSTEMS GROUP INC
$78.94$20.83279.04%38.70xN/A9.01x4.16x2.29x$281.34M4.14%$1.63B18.95$6.41B19.99
ESTC
ELASTIC NV
$91.81$29.10215.55%25.79x27.75x5.33x7.43x2.48x$349.04M3.63%$1.30B12.39$9.35B350.04
PRCH
PORCH GROUP INC
$17.94N/AN/A-149.50x-5,276.47x3.83x-199.67xN/A$80.12M4.02%-$11.85M-0.11$2.57B29.64
BSP
BENDING SPOONS SPA
$39.58N/AN/AN/A27.68xN/A19.98xN/AN/AN/A$1.26B2.09$29.23BN/A
BSY
BENTLEY SYSTEMS INC
$33.71$11.17201.79%36.64x24.18x6.56x8.47x1.59x$498.50M4.74%$1.20B3.86$11.30B24.44
IDN
INTELLICHECK INC
$2.79N/AN/A18.60x42.47x2.34x2.51xN/A$2.81M4.98%$22.49M1.11$44.71M11.30
AMPL
AMPLITUDE INC
$13.02N/AN/A-17.36x174.30x4.50x11.94xN/A$25.10M1.49%$136.20M1.05$1.56B-19.45
AGYS
AGILYSYS INC
$111.36$28.02297.48%72.78x44.45x9.47x9.28x1.70x$80.44M2.57%$338.33M12.04$3.04B46.83
BLND
BLEND LABS INC
$1.54N/AN/A-19.25x44.38x2.84x-4.90xN/A$7.55M2.01%-$74.37M-0.31$340.92M61.58
SNOW
SNOWFLAKE INC
$337.18N/AN/A-95.52x171.05x23.14x60.25xN/A$1.17B1.00%$1.94B5.62$117.55B-134.70
IBTA
IBOTTA INC
$38.39N/AN/A-83.46x-50.69x2.60x3.68xN/A$58.59M6.56%$241.57M10.38$766.44M-146.97
ALKT
ALKAMI TECHNOLOGY INC
$19.69N/AN/A-46.88x24.30x4.30x5.81xN/A$55.20M2.63%$362.68M3.39$2.42B-8,061.11
OCTV
OCTAVE INTELLIGENCE PLC
$19.59N/AN/AN/A13.86xN/A1.04xN/AN/AN/A$5.08B18.92$5.63BN/A
ADEA
ADEIA INC
$26.50$12.16117.94%23.45x18.25x6.20x6.12x1.26x$188.57M6.46%$477.19M4.33$3.24B12.25
SVCO
SILVACO GROUP INC
$6.54N/AN/A-9.21x120.22x2.98x2.65xN/A-$34.20M-15.84%$83.64M2.53$213.68M-10.44
ZM
ZOOM COMMUNICATIONS INC
$101.33N/AN/A9.19x16.03x5.94x2.62xN/A$1.93B6.49%$11.30B38.60$28.67B6.61
TTAN
SERVICETITAN INC
$87.92N/AN/A-60.63x65.75x8.24x5.37xN/A$97.83M1.17%$1.56B16.43$8.02B-206.90
NXPL
NEXTPLAT CORP
$8.91N/AN/A-2.43x-10.28x0.50x1.48xN/A-$4.46M-18.50%$16.39M6.05$13.81M-1.78
MKTW
MARKETWISE INC
$18.64$18.86-1.15%20.04x27.48x0.16x-8.79x0.41x$44.10M89.52%-$33.45M-12.66$266.66M41.04
TRAK
REPOSITRAK INC
$7.92$3.37134.98%20.31x18.06x6.14x2.85x1.71x$7.50M5.20%$50.49M2.77$117.87M12.00
DBD
DIEBOLD NIXDORF INC
$68.67$76.94-10.75%22.30x12.45x0.61x2.41x0.35x$212.00M8.97%$969.20M28.17$2.99B8.04
SHOP
SHOPIFY INC
$145.09$21.45576.46%98.03x75.29x14.16x14.72x3.21x$2.35B1.25%$12.68B9.79$185.20B78.14
API
AGORA INC
$4.24$0.73483.52%55.79x47.16x2.37x0.66x3.77x-$20.75M-5.75%$556.61M6.55$396.99M25.88
FICO
FAIR ISAAC CORP
$932.26$429.92116.84%26.77x21.28x8.83x-4.91x1.13x$960.88M4.55%-$4.10B-180.73$25.48B19.96
KC
KINGSOFT CLOUD HOLDINGS LTD
$10.94N/AN/A-34.95x-9.53x2.03x2.52xN/A$914.30M27.48%$1.32B4.35$3.66BN/A
PDFS
PDF SOLUTIONS INC
$45.65$12.45266.55%182.60x34.70x7.75x5.18x1.28x-$1.35M-0.07%$372.50M9.10$1.88B52.77
PTC
PTC INC
$141.02N/AN/A13.64x17.04x5.47x4.41xN/A$935.48M5.78%$3.47B30.26$16.56B9.57
PAR
PAR TECHNOLOGY CORP
$19.77N/AN/A-11.23x30.11x1.64x1.00xN/A-$24.36M-2.98%$813.77M19.71$1.16B-109.28
NICE
NICE LTD
$105.50$60.6274.05%15.16xN/A2.02x1.66x1.25x$561.46M9.05%$3.78B64.23$6.04B7.52
APPF
APPFOLIO INC
$214.28$72.29196.41%48.59x30.46x7.29x14.42x1.33x$265.51M3.50%$526.14M14.87$7.40B34.79
APP
APPLOVIN CORP
$320.56$170.9387.54%24.53x20.11x15.76x33.92x0.94x$4.53B4.21%$3.16B9.42$107.74B19.41
PLUS
EPLUS INC
$92.10$40.66126.49%19.27x16.49x0.97x2.24x1.68x$54.83M2.30%$1.07B41.33$1.95B9.63

App Stocks FAQ

What are the best app stocks to buy right now in Sep 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best software stocks to buy right now are:

1. Riskified (NYSE:RSKD)


Riskified (NYSE:RSKD) is the #1 top app stock out of 231 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Riskified (NYSE:RSKD) is: Value: C, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: B.

Riskified (NYSE:RSKD) has a Due Diligence Score of 30, which is -1 points lower than the app industry average of 31. Although this number is below the industry average, our proven quant model rates RSKD as a "A".

RSKD passed 9 out of 33 due diligence checks and has average fundamentals. Riskified has seen its stock return 42.45% over the past year, overperforming other app stocks by 102 percentage points.

Riskified has an average 1 year price target of $6.60, an upside of 1.38% from Riskified's current stock price of $6.51.

Riskified stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Riskified, 40% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. 8x8 (NASDAQ:EGHT)


8x8 (NASDAQ:EGHT) is the #2 top app stock out of 231 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for 8x8 (NASDAQ:EGHT) is: Value: A, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: B.

8x8 (NASDAQ:EGHT) has a Due Diligence Score of 41, which is 10 points higher than the app industry average of 31.

EGHT passed 13 out of 33 due diligence checks and has strong fundamentals. 8x8 has seen its stock lose -4.06% over the past year, overperforming other app stocks by 56 percentage points.

8x8 has an average 1 year price target of $3.13, an upside of 65.34% from 8x8's current stock price of $1.89.

8x8 stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering 8x8, 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. Ringcentral (NYSE:RNG)


Ringcentral (NYSE:RNG) is the #3 top app stock out of 231 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Ringcentral (NYSE:RNG) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: A, and AI: C.

Ringcentral (NYSE:RNG) has a Due Diligence Score of 26, which is -5 points lower than the app industry average of 31. Although this number is below the industry average, our proven quant model rates RNG as a "A".

RNG passed 10 out of 38 due diligence checks and has average fundamentals. Ringcentral has seen its stock return 140.39% over the past year, overperforming other app stocks by 200 percentage points.

Ringcentral has an average 1 year price target of $61.63, a downside of -16.03% from Ringcentral's current stock price of $73.39.

Ringcentral stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Ringcentral, 12.5% have issued a Strong Buy rating, 37.5% have issued a Buy, 50% 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 20 app stocks that have issued dividends in the past year, the 3 app stocks with the highest dividend yields are:

1. Marketwise (NASDAQ:MKTW)


Marketwise (NASDAQ:MKTW) has an annual dividend yield of 9.39%, which is 7 percentage points higher than the app industry average of 2.56%.

Marketwise's dividend payout ratio of 182.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Yuanbao (NASDAQ:YB)


Yuanbao (NASDAQ:YB) has an annual dividend yield of 9.18%, which is 7 percentage points higher than the app industry average of 2.56%.

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

3. Upbound Group (NASDAQ:UPBD)


Upbound Group (NASDAQ:UPBD) has an annual dividend yield of 8.22%, which is 6 percentage points higher than the app industry average of 2.56%. Upbound Group's dividend payout is stable, having never dropped by more than 10% 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 99.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are app stocks down?

App stocks were down -3.94% in the last day, and down -5.13% over the last week. Guidewire Software was the among the top losers in the software - application industry, dropping -19.93% yesterday.

Shares of software companies are trading lower after August's hotter-than-expected payrolls report increased expectations that the Federal Reserve could raise interest rates at its next meeting. A stronger U.S. dollar and higher rate expectations are weighing on growth stocks by reducing investor appetite for higher-risk assets.

What are the most undervalued app stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued app stocks right now are:

1. Open Text (NASDAQ:OTEX)


Open Text (NASDAQ:OTEX) is the most undervalued app stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Open Text has a valuation score of 86, which is 62 points higher than the app industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Open Text's stock has dropped -28.44% in the past year. It has overperformed other stocks in the app industry by 31 percentage points.

2. 8x8 (NASDAQ:EGHT)


8x8 (NASDAQ:EGHT) is the second most undervalued app stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

8x8 has a valuation score of 71, which is 47 points higher than the app industry average of 24. It passed 5 out of 7 valuation due diligence checks.

8x8's stock has dropped -4.06% in the past year. It has overperformed other stocks in the app industry by 56 percentage points.

3. Progress Software (NASDAQ:PRGS)


Progress Software (NASDAQ:PRGS) is the third most undervalued app stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Progress Software has a valuation score of 43, which is 19 points higher than the app industry average of 24. It passed 3 out of 7 valuation due diligence checks.

Progress Software's stock has dropped -0.29% in the past year. It has overperformed other stocks in the app industry by 60 percentage points.

Are app stocks a good buy now?

46.75% of app stocks rated by analysts are a strong buy right now. On average, analysts expect app stocks to rise by 23.15% over the next year.

5.81% of app stocks have a Zen Rating of A (Strong Buy), 20.35% of app stocks are rated B (Buy), 58.14% are rated C (Hold), 11.63% are rated D (Sell), and 4.07% are rated F (Strong Sell).

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

The average P/E ratio of the software - application industry is 19.44x.
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