WallStreetZenWallStreetZen

Sectors & IndustriesTechnologySoftware - 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
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
NRDY
NERDY INC
NYSE
Software - Application
$456.87M$2.632.33%-$36.67M-6.41x0.75
TYL
TYLER TECHNOLOGIES INC
NYSE
Software - Application
$17.79B$419.000.13%$415.93M93.11x0.52
MYSZ
MY SIZE INC
NASDAQ
Software - Application
$2.48M$3.89-6.27%-$6.48M-0.19x0.90
GTLB
GITLAB INC
NASDAQ
Software - Application
$8.93B$56.380.53%-$153.58M-20.50x1.23
EXFY
EXPENSIFY INC
NASDAQ
Software - Application
$140.59M$1.656.80%-$27.37M-3.30x0.76
API
AGORA INC
NASDAQ
Software - Application
$229.58M$2.490.00%-$75.36M-2.83x0.12
QH
QUHUO LTD
NASDAQ
Software - Application
$3.64M$0.59-2.96%$4.57M7.11x1.04
SNOW
SNOWFLAKE INC
NYSE
Software - Application
$51.80B$154.992.53%-$674.54M-60.78x0.59
SWVL
SWVL HOLDINGS CORP
NASDAQ
Software - Application
$77.79M$11.472.41%$48.53M0.31x3.67
DAVE
DAVE INC
NASDAQ
Software - Application
$525.17M$42.912.48%-$31.10M-10.54x2.38
BL
BLACKLINE INC
NASDAQ
Software - Application
$3.69B$59.93-2.49%$116.73M68.89x6.94
ML
MONEYLION INC
NYSE
Software - Application
$737.84M$70.15-0.47%$7.17M-15.15x1.00
VERX
VERTEX INC
NASDAQ
Software - Application
$4.46B$28.913.47%$59.54M-321.22x2.00
BILL
BILL HOLDINGS INC
NYSE
Software - Application
$6.46B$61.410.24%-$2.42M-56.86x1.50
SSTI
SOUNDTHINKING INC
NASDAQ
Software - Application
$172.11M$13.461.05%$9.17M-61.18x0.86
SMWB
SIMILARWEB LTD
NYSE
Software - Application
$611.12M$7.77-1.77%-$18.55M-20.45x14.37
BMR
BEAMR IMAGING LTD
NASDAQ
Software - Application
$73.87M$5.660.89%-$852.00k-94.33x0.12
MSTR
MICROSTRATEGY INC
NASDAQ
Software - Application
$21.48B$1,265.67-5.45%-$52.40M40.32x1.20
BMBL
BUMBLE INC
NASDAQ
Software - Application
$1.89B$10.442.45%$96.04M-348.00x0.79
LYFT
LYFT INC
NASDAQ
Software - Application
$6.53B$16.34-3.43%-$188.97M-18.57x7.43
WEAV
WEAVE COMMUNICATIONS INC
NYSE
Software - Application
$785.35M$11.130.09%-$13.02M-24.20x1.55
OCFT
ONECONNECT FINANCIAL TECHNOLOGY CO LTD
NYSE
Software - Application
$69.11M$1.79-2.19%-$45.98M-1.31x1.73
PYCR
PAYCOR HCM INC
NASDAQ
Software - Application
$3.11B$17.45-0.51%$53.03M-36.35x1.20
AWRE
AWARE INC
NASDAQ
Software - Application
$36.90M$1.752.94%-$6.44M-5.00x0.35
ASAN
ASANA INC
NYSE
Software - Application
$3.37B$14.981.77%-$216.94M-12.80x1.95
AMST
AMESITE INC
NASDAQ
Software - Application
$8.52M$3.3567.50%-$3.06M-2.98x0.04
VERB
VERB TECHNOLOGY COMPANY INC
NASDAQ
Software - Application
$14.19M$0.189.15%-$18.47M-0.05x2.47
BLKB
BLACKBAUD INC
NASDAQ
Software - Application
$4.19B$78.38-1.01%$167.05M2,612.67x2.60
INTA
INTAPP INC
NASDAQ
Software - Application
$2.27B$31.411.62%-$34.50M-39.26x0.76
AZPN
ASPEN TECHNOLOGY INC
NASDAQ
Software - Application
$12.53B$197.11-0.54%$367.79M-146.01x0.11
DUOT
DUOS TECHNOLOGIES GROUP INC
NASDAQ
Software - Application
$23.30M$3.191.98%-$10.37M-2.04x1.39
DAY
DAYFORCE INC
NYSE
Software - Application
$9.35B$59.700.71%$264.60M170.57x2.76
VS
VERSUS SYSTEMS INC
NASDAQ
Software - Application
$3.56M$1.424.41%-$8.04M-0.14x0.03
BSY
BENTLEY SYSTEMS INC
NASDAQ
Software - Application
$16.19B$54.440.04%$295.20M51.85x2.76
WKME
WALKME LTD
NASDAQ
Software - Application
$720.56M$7.93-1.25%-$61.11M-11.84x0.71
CWAN
CLEARWATER ANALYTICS HOLDINGS INC
NYSE
Software - Application
$4.04B$16.53-0.90%-$10.26M-150.27x0.42
SMSI
SMITH MICRO SOFTWARE INC
NASDAQ
Software - Application
$20.33M$2.172.36%-$10.68M-0.71x0.14
ANY
SPHERE 3D CORP
NASDAQ
Software - Application
$20.47M$1.15-4.17%-$17.08M-0.60x0.20
AEYE
AUDIOEYE INC
NASDAQ
Software - Application
$168.76M$14.437.05%-$3.34M-28.86x2.80
HUBS
HUBSPOT INC
NYSE
Software - Application
$33.03B$651.74-0.01%-$81.23M-184.63x1.33
INST
INSTRUCTURE HOLDINGS INC
NYSE
Software - Application
$2.83B$19.480.83%$151.44M-81.17x0.68
SMAR
SMARTSHEET INC
NYSE
Software - Application
$5.27B$38.360.18%-$57.12M-49.18x1.21
PAR
PAR TECHNOLOGY CORP
NYSE
Software - Application
$1.18B$42.00-1.36%-$33.35M-16.60x1.41
WRNT
WARRANTEE INC
NASDAQ
Software - Application
$5.98M$0.27-5.32%$422.57k19.07x65.34
PERF
PERFECT CORP
NYSE
Software - Application
$231.20M$2.27-2.58%N/A45.40x0.24
CREX
CREATIVE REALITIES INC
NASDAQ
Software - Application
$35.52M$3.400.00%$3.36M-9.71x1.46
NTWK
NETSOL TECHNOLOGIES INC
NASDAQ
Software - Application
$31.44M$2.760.36%$2.17M-15.59x0.55
SPT
SPROUT SOCIAL INC
NASDAQ
Software - Application
$2.95B$52.480.69%-$54.79M-44.10x1.75
ADEA
ADEIA INC
NASDAQ
Software - Application
$1.10B$10.26-1.16%$237.82M16.29x2.10
ONTF
ON24 INC
NYSE
Software - Application
$280.05M$6.720.00%-$43.63M-5.79x0.56
SOPA
SOCIETY PASS INCORPORATED
NASDAQ
Software - Application
$5.70M$0.157.86%-$16.84M-0.24x2.14
BLBX
BLACKBOXSTOCKS INC
NASDAQ
Software - Application
$8.61M$2.674.71%-$4.62M-1.84x0.35
BTDR
BITDEER TECHNOLOGIES GROUP
NASDAQ
Software - Application
$725.54M$6.48-3.43%$24.57M-12.71x0.92
FTFT
FUTURE FINTECH GROUP INC
NASDAQ
Software - Application
$17.17M$0.862.26%-$33.32M-0.38x0.42
PSQH
PSQ HOLDINGS INC
NYSE
Software - Application
$121.07M$4.282.88%-$50.49M-1.76x1.42
CVLT
COMMVAULT SYSTEMS INC
NASDAQ
Software - Application
$4.23B$96.83-0.35%$29.80M9,683.00x3.61
GRND
GRINDR INC
NYSE
Software - Application
$1.69B$9.63-1.63%$22.45M-30.09x-25.31
DHX
DHI GROUP INC
NYSE
Software - Application
$119.12M$2.482.06%$24.02M31.00x1.09
IDAI
T STAMP INC
NASDAQ
Software - Application
$7.70M$0.76-2.68%-$6.61M-0.71x1.06
CYN
CYNGN INC
NASDAQ
Software - Application
$8.80M$0.11-6.14%-$21.85M-0.19x0.23
GVP
GSE SYSTEMS INC
NASDAQ
Software - Application
$8.53M$2.814.07%-$5.76M-0.80x3.27
HTCR
HEARTCORE ENTERPRISES INC
NASDAQ
Software - Application
$20.03M$0.960.00%-$3.13M-4.57x2.32
AMPL
AMPLITUDE INC
NASDAQ
Software - Application
$1.19B$9.910.81%-$79.56M-12.87x0.47
COMP
COMPASS INC
NYSE
Software - Application
$1.64B$3.33-2.35%-$220.90M-4.83x1.70
EB
EVENTBRITE INC
NYSE
Software - Application
$535.83M$5.26-2.23%$5.59M-20.23x3.76
PD
PAGERDUTY INC
NYSE
Software - Application
$1.93B$20.76-1.38%-$44.11M-23.33x4.35
XPER
XPERI INC
NYSE
Software - Application
$441.83M$9.984.39%-$52.17M-3.14x0.71
MAPS
WM TECHNOLOGY INC
NASDAQ
Software - Application
$162.81M$1.090.00%$93.75M-0.83x3.20
BCOV
BRIGHTCOVE INC
NASDAQ
Software - Application
$72.11M$1.65-1.79%-$5.16M-3.11x1.30
SOUN
SOUNDHOUND AI INC
NASDAQ
Software - Application
$1.24B$4.01-3.84%-$61.79M-10.03x4.37
BLND
BLEND LABS INC
NYSE
Software - Application
$622.56M$2.47-0.40%-$142.03M-3.25x-9.31
BMTX
BM TECHNOLOGIES INC
NYSEMKT
Software - Application
$18.64M$1.550.98%-$5.46M-1.03x0.76
ESTC
ELASTIC NV
NYSE
Software - Application
$10.45B$103.711.14%-$64.27M195.68x1.91
OBLG
OBLONG INC
NASDAQ
Software - Application
$2.00M$0.12-1.64%-$3.88M-0.12x0.26
ZETA
ZETA GLOBAL HOLDINGS CORP
NYSE
Software - Application
$2.68B$12.281.32%-$124.36M-10.23x2.05
ZENV
ZENVIA INC
NASDAQ
Software - Application
$92.15M$2.20-0.68%-$27.35M-2.33x1.04
BIGC
BIGCOMMERCE HOLDINGS INC
NASDAQ
Software - Application
$446.58M$5.830.52%-$49.31M-6.78x16.39
DPSI
DECISIONPOINT SYSTEMS INC
NYSEMKT
Software - Application
$64.51M$8.40-0.83%$7.75M25.45x2.89
MITK
MITEK SYSTEMS INC
NASDAQ
Software - Application
$592.37M$12.66-2.16%$23.54M-211.00x0.90
VCSA
VACASA INC
NASDAQ
Software - Application
$151.77M$6.785.44%-$206.04M-0.28x3.48
UPBD
UPBOUND GROUP INC
NASDAQ
Software - Application
$1.73B$31.800.98%$1.46B-353.33x3.86
OLB
OLB GROUP INC
NASDAQ
Software - Application
$5.46M$0.30-7.65%-$16.30M-0.46x0.60
JAMF
JAMF HOLDING CORP
NASDAQ
Software - Application
$2.50B$19.651.97%-$58.10M-22.33x1.22
DOMO
DOMO INC
NASDAQ
Software - Application
$282.57M$7.43-0.93%-$63.37M-3.54x-2.47
EVBG
EVERBRIDGE INC
NASDAQ
Software - Application
$1.44B$34.89-0.03%$18.01M-30.08x2.39
RSSS
RESEARCH SOLUTIONS INC
NASDAQ
Software - Application
$101.78M$3.124.00%-$133.07k-156.00x1.83
NXTT
NEXT TECHNOLOGY HOLDING INC
NASDAQ
Software - Application
$13.31M$5.07-8.98%-$4.23M-126.75x0.08
EGHT
8X8 INC
NASDAQ
Software - Application
$292.51M$2.372.16%-$2.37M-5.39x6.54
QTWO
Q2 HOLDINGS INC
NYSE
Software - Application
$3.18B$53.780.73%$15.62M-48.02x1.68
LPSN
LIVEPERSON INC
NASDAQ
Software - Application
$44.50M$0.512.02%-$46.19M-0.39x16.36
MNDR
MOBILE-HEALTH NETWORK SOLUTIONS
NASDAQ
Software - Application
N/A$23.883.83%-$3.01M-0.80x-10.38
GWRE
GUIDEWIRE SOFTWARE INC
NYSE
Software - Application
$9.46B$113.51-0.24%-$43.82M-183.08x0.60
UPLD
UPLAND SOFTWARE INC
NASDAQ
Software - Application
$64.78M$2.251.58%-$91.70M-0.39x4.96
MRIN
MARIN SOFTWARE INC
NASDAQ
Software - Application
$7.11M$2.36-0.42%-$18.82M-0.32x0.42
AIXI
XIAO-I CORP
NASDAQ
Software - Application
$88.62M$1.23-10.22%N/A-3.35x13.73
PRCH
PORCH GROUP INC
NASDAQ
Software - Application
$321.09M$3.29-0.90%-$77.07M-2.37x-26.21
DATS
DATCHAT INC
NASDAQ
Software - Application
$3.85M$1.286.67%-$8.32M-0.31x0.07
AHI
ADVANCED HEALTH INTELLIGENCE LTD
NASDAQ
Software - Application
$11.76M$1.500.00%-$12.60M-0.77x3.39
PWSC
POWERSCHOOL HOLDINGS INC
NYSE
Software - Application
$3.56B$17.57-0.62%$169.36M-92.47x1.56
KC
KINGSOFT CLOUD HOLDINGS LTD
NASDAQ
Software - Application
$692.12M$2.902.47%-$148.87M-2.28x1.14

App Stocks FAQ

What are the best app stocks to buy right now in Apr 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 40 points higher than the app industry average of 28. It passed 22 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 35.67% over the past year, overperforming other app stocks by 12 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -27.97% from Full Truck Alliance Co's current stock price of $8.33.

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. Agilysys (NASDAQ:AGYS)


Agilysys (NASDAQ:AGYS) is the second best app stock with a Zen Score of 68, which is 40 points higher than the app industry average of 28. It passed 22 out of 33 due diligence checks and has strong fundamentals. Agilysys has seen its stock return 0.55% over the past year, underperforming other app stocks by -23 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 19.25% from Agilysys's current stock price of $83.86.

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.

3. Red Violet (NASDAQ:RDVT)


Red Violet (NASDAQ:RDVT) is the third best app stock with a Zen Score of 66, which is 38 points higher than the app industry average of 28. It passed 21 out of 33 due diligence checks and has strong fundamentals. Red Violet has seen its stock return 3.4% 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 46.97% from Red Violet's current stock price of $17.01.

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.

What are the app stocks with highest dividends?

Out of 18 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 12.83%, which is 10 percentage points higher than the app industry average of 2.39%. 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. Marketwise (NASDAQ:MKTW)


Marketwise (NASDAQ:MKTW) has an annual dividend yield of 10.37%, which is 8 percentage points higher than the app industry average of 2.39%.

Marketwise's dividend payout ratio of 300% 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 4.47%, which is 2 percentage points higher than the app industry average of 2.39%. 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.

Why are app stocks down?

App stocks were down -0.71% in the last day, and up 2.34% over the last week. Manhattan Associates was the among the top losers in the software - application industry, dropping -10.54% yesterday.

Manhattan Associates shares are trading lower. The company reported 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. SS&C Technologies Holdings (NASDAQ:SSNC)


SS&C Technologies Holdings (NASDAQ:SSNC) is the most undervalued app stock based on WallStreetZen's Valuation Score. SS&C Technologies Holdings has a valuation score of 86, which is 67 points higher than the app industry average of 19. It passed 6 out of 7 valuation due diligence checks.

SS&C Technologies Holdings's stock has gained 8.61% in the past year. It has underperformed other stocks in the app industry by -15 percentage points.

2. Mind Cti (NASDAQ:MNDO)


Mind Cti (NASDAQ:MNDO) is the second most undervalued app stock based on WallStreetZen's Valuation Score. Mind Cti has a valuation score of 71, which is 52 points higher than the app industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Mind Cti's stock has dropped -2.6% in the past year. It has underperformed other stocks in the app industry by -27 percentage points.

3. Agilysys (NASDAQ:AGYS)


Agilysys (NASDAQ:AGYS) is the third most undervalued app stock based on WallStreetZen's Valuation Score. Agilysys has a valuation score of 71, which is 52 points higher than the app industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Agilysys's stock has gained 0.55% in the past year. It has underperformed other stocks in the app industry by -23 percentage points.

Are app stocks a good buy now?

42.53% of app stocks rated by analysts are a buy right now. On average, analysts expect app stocks to rise by 17.27% 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 103.08x.
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.