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
DD Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
EGHT
8X8 INC
38
57
29
56
10
VTEX
VTEX
47
29
86
22
50
RNG
RINGCENTRAL INC
26
14
43
44
10
20
MITK
MITEK SYSTEMS INC
60
71
86
44
40
DHX
DHI GROUP INC
31
43
29
33
20

Upgrade to Premium to View More

Use Due Diligence Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

Already have access to Premium? Sign In

App Stocks FAQ

What are the best app stocks to buy right now in Aug 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. 8x8 (NASDAQ:EGHT)


8x8 (NASDAQ:EGHT) is the #1 top app stock out of 236 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: C, Safety: B, Financials: C, and AI: B.

8x8 (NASDAQ:EGHT) has a Due Diligence Score of 38, which is 7 points higher than the app industry average of 31.

EGHT passed 12 out of 33 due diligence checks and has average fundamentals. 8x8 has seen its stock return 24.32% over the past year, overperforming other app stocks by 76 percentage points.

8x8 has an average 1 year price target of $3.13, an upside of 35.87% from 8x8's current stock price of $2.30.

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.

2. Vtex (NYSE:VTEX)


Vtex (NYSE:VTEX) is the #2 top app stock out of 236 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 Vtex (NYSE:VTEX) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.

Vtex (NYSE:VTEX) has a Due Diligence Score of 47, which is 16 points higher than the app industry average of 31.

VTEX passed 15 out of 33 due diligence checks and has strong fundamentals. Vtex has seen its stock lose -29.39% over the past year, overperforming other app stocks by 23 percentage points.

Vtex has an average 1 year price target of $4.55, an upside of 8.85% from Vtex's current stock price of $4.18.

Vtex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Vtex, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% 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 236 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: C, 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 116.38% over the past year, overperforming other app stocks by 168 percentage points.

Ringcentral has an average 1 year price target of $43.57, a downside of -30.85% from Ringcentral's current stock price of $63.01.

Ringcentral stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Ringcentral, 14.29% have issued a Strong Buy rating, 14.29% have issued a Buy, 71.43% 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. Yuanbao (NASDAQ:YB)


Yuanbao (NASDAQ:YB) has an annual dividend yield of 9.04%, which is 6 percentage points higher than the app industry average of 2.8%.

Yuanbao's dividend payout ratio of 0% 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 8.4%, which is 6 percentage points higher than the app industry average of 2.8%.

Marketwise's dividend payout ratio of 182.8% 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 7.87%, which is 5 percentage points higher than the app industry average of 2.8%. 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 up?

App stocks were up 1.71% in the last day, and up 3.04% over the last week. Expensify was the among the top gainers in the software - application industry, gaining 35.86% yesterday.

Expensify shares are trading higher after Citizens upgraded the stock from Market Perform to Market Outperform rating and announced a $3 price target.

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 63 points higher than the app industry average of 23. It passed 6 out of 7 valuation due diligence checks.

Open Text's stock has dropped -11.37% in the past year. It has overperformed other stocks in the app industry by 41 percentage points.

2. Progress Software (NASDAQ:PRGS)


Progress Software (NASDAQ:PRGS) 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.

Progress Software has a valuation score of 43, which is 20 points higher than the app industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Progress Software's stock has dropped -1.79% in the past year. It has overperformed other stocks in the app industry by 50 percentage points.

3. 8x8 (NASDAQ:EGHT)


8x8 (NASDAQ:EGHT) 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.

8x8 has a valuation score of 57, which is 34 points higher than the app industry average of 23. It passed 4 out of 7 valuation due diligence checks.

8x8's stock has gained 24.32% in the past year. It has overperformed other stocks in the app industry by 76 percentage points.

Are app stocks a good buy now?

50% of app stocks rated by analysts are a strong buy right now. On average, analysts expect app stocks to rise by 23.29% over the next year.

3.98% of app stocks have a Zen Rating of A (Strong Buy), 21.02% of app stocks are rated B (Buy), 59.09% are rated C (Hold), 10.8% are rated D (Sell), and 5.11% 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 42.03x.
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.