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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
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
AGYS
AGILYSYS INC
$82.38140,606-5.20%82.5981.9081.1282.2577.4653.0153.5861.3215.5923.490.710.74-0.031.03
YMM
FULL TRUCK ALLIANCE CO LTD
$7.563,834,655-17.51%7.687.516.976.916.9254.6247.7258.487.3722.090.200.22-0.031.41
RDVT
RED VIOLET INC
$18.0720,02048.07%19.1818.9818.4418.9819.6541.115.2113.911.005.230.010.21-0.201.10
DV
DOUBLEVERIFY HOLDINGS INC
$30.031,809,2837.40%32.1732.9035.4135.9234.0529.031.343.810.003.82-1.04-0.82-0.211.43
HKD
AMTD DIGITAL INC
$3.20407,293-9.58%3.143.283.603.914.7443.2426.0029.8167.5873.05-0.13-0.150.020.12
YALA
YALLA GROUP LTD
$4.63141,781-53.09%4.794.794.925.325.2734.769.4922.7811.4338.70-0.07-0.06-0.011.41
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$60.24765,230-0.56%61.6762.7762.7661.1558.1834.648.6911.537.538.23-0.64-0.27-0.371.08
SPNS
SAPIENS INTERNATIONAL CORP N V
$30.25150,34920.05%31.2931.4630.3828.8428.2944.127.088.222.145.150.110.35-0.241.01
KARO
KAROOOOO LTD
$26.251,738-50.27%26.4525.9425.4525.1724.2652.9887.4487.6775.4478.600.310.260.050.57
ZI
ZOOMINFO TECHNOLOGIES INC
$15.503,932,71927.12%15.6315.7316.2316.2617.3645.7830.6743.0444.3554.81-0.17-0.16-0.021.63
AMSWA
AMERICAN SOFTWARE INC
$10.59113,080-41.66%11.3511.3711.1911.0411.0436.503.0016.880.0014.34-0.070.04-0.110.93
ADSK
AUTODESK INC
$214.926,333,937202.46%237.32248.17253.75244.95227.0320.115.796.040.001.54-7.94-4.51-3.431.35
ZM
ZOOM VIDEO COMMUNICATIONS INC
$59.082,001,891-9.43%61.8163.7165.0267.0667.0726.522.474.400.001.47-1.69-1.19-0.510.66
KSPI
JOINT STOCK CO KASPIKZ
$114.06381,30137.74%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.78
NOW
SERVICENOW INC
$736.45720,536-33.61%763.52765.46768.45741.46658.8439.826.2619.049.3116.89-4.32-0.44-3.881.31
DDOG
DATADOG INC
$123.553,319,45610.09%125.68124.42126.44123.69110.0746.7352.1862.5743.1956.210.370.080.291.31
TTD
TRADE DESK INC
$80.131,837,215-35.98%84.7785.5981.8876.0077.2740.1714.3724.664.7214.650.361.32-0.951.78
ANSS
ANSYS INC
$325.62214,319-29.80%336.60341.96337.87330.25318.2933.411.945.430.000.66-2.430.11-2.541.28
DT
DYNATRACE INC
$44.433,285,17250.55%46.1546.0848.3751.8650.2734.328.9621.0618.7834.00-0.79-0.79-0.001.27
UBER
UBER TECHNOLOGIES INC
$71.9415,289,2915.53%74.7576.4676.6569.1857.6537.7713.7818.437.1113.77-0.84-0.29-0.551.32
DSGX
DESCARTES SYSTEMS GROUP INC
$90.54263,36513.64%89.6190.9089.6286.8680.9851.1434.4623.5143.0525.47-0.200.01-0.210.84
PUBM
PUBMATIC INC
$21.57254,499-0.85%22.8523.1820.6118.3316.3342.789.5615.920.823.200.290.73-0.441.85
SRAD
SPORTRADAR GROUP AG
$9.97403,402-32.81%10.9611.2110.5210.6010.9732.1813.4411.550.000.00-0.060.16-0.221.58
APP
APPLOVIN CORP
$70.902,010,961-28.41%74.6972.7063.7052.0844.4652.1238.0751.922.5112.422.873.75-0.882.07
WDAY
WORKDAY INC
$257.021,249,239-39.12%265.05269.66280.25277.67252.1928.424.646.870.003.56-5.02-4.06-0.961.18
CDNS
CADENCE DESIGN SYSTEMS INC
$293.711,116,345-31.67%305.36310.00306.42290.57265.0237.829.2514.230.006.52-1.720.32-2.051.25
SHOP
SHOPIFY INC
$69.418,295,858-9.85%71.9675.2077.3077.1368.0632.376.666.166.652.50-2.26-1.49-0.781.63
MNDO
MIND CTI LTD
$1.8921,055-29.28%1.921.912.032.011.9640.1721.7929.9148.9754.60-0.04-0.040.000.24
IMMR
IMMERSION CORP
$7.09402,6327.00%7.287.417.267.046.9342.2712.4612.6314.4211.32-0.040.01-0.050.97
INTU
INTUIT INC
$613.21967,227-12.04%626.04633.12644.34625.28568.5938.324.027.642.618.07-7.62-5.16-2.461.37
EGAN
EGAIN CORP
$6.1361,55813.97%6.256.326.287.076.8441.1418.3820.290.009.13-0.06-0.04-0.021.04
NICE
NICE LTD
$230.54179,877-27.71%238.81247.52239.74221.38204.2734.726.214.740.000.00-2.530.58-3.110.89
TSRI
TSR INC
$7.53833-71.68%7.917.968.148.468.2134.0812.9117.691.841.84-0.11-0.07-0.030.25
ALKT
ALKAMI TECHNOLOGY INC
$23.84162,164-31.93%23.8123.8724.3924.1020.8949.0352.4753.1651.6652.00-0.10-0.140.041.41
APPF
APPFOLIO INC
$216.72243,19441.57%224.59231.04231.45208.79196.7037.943.373.663.261.09-3.13-0.53-2.601.24
SURG
SURGEPAYS INC
$3.76217,94625.04%3.913.975.836.125.6036.7411.1618.2245.2757.73-0.49-0.590.090.73
ROP
ROPER TECHNOLOGIES INC
$526.47426,00726.83%536.02544.83546.07542.71518.0733.721.844.340.003.54-5.21-2.76-2.450.89
DCBO
DOCEBO INC
$44.1476,300-17.10%46.0547.8348.9947.7444.1730.0910.277.9220.6910.70-1.55-1.04-0.511.77
PEGA
PEGASYSTEMS INC
$58.94376,39520.69%60.9162.5961.6155.4851.2539.139.378.555.306.40-0.71-0.04-0.671.28
SAP
SAP SE
$179.94489,486-37.99%185.38189.99187.08173.34154.7935.052.133.610.841.86-1.93-0.04-1.890.97
PERF
PERFECT CORP
$2.3928,584-53.75%2.432.432.482.603.1247.0438.5254.2248.7367.98-0.01-0.020.010.30
OTEX
OPEN TEXT CORP
$34.60427,521-8.35%36.0937.4938.5439.9138.8025.383.644.742.360.79-1.13-0.80-0.331.03
LSPD
LIGHTSPEED COMMERCE INC
$13.10780,478-23.75%13.6513.7813.9516.1315.8141.159.9210.566.197.63-0.24-0.17-0.082.43
PCTY
PAYLOCITY HOLDING CORP
$156.88368,59511.11%165.79167.83168.87163.61177.4531.876.2421.680.0014.02-1.67-0.41-1.251.36
ALRM
ALARMCOM HOLDINGS INC
$64.25197,244-10.93%67.9170.1470.9765.6761.0524.480.702.860.000.03-1.65-0.84-0.810.99
FRSH
FRESHWORKS INC
$17.692,187,47740.21%17.9918.0719.1720.6319.9742.8922.2923.7625.2730.29-0.41-0.420.011.94
VTEX
VTEX
$7.43300,328-43.35%13.7213.8113.6913.6513.7144.9538.6042.9835.9540.58-0.010.02-0.031.61
MTLS
MATERIALISE NV
$4.8970,606-19.47%5.105.115.315.786.1736.7811.1220.781.0611.78-0.08-0.07-0.021.30
MANH
MANHATTAN ASSOCIATES INC
$228.43240,940-26.47%237.57243.04247.42233.94216.3027.423.256.952.154.19-4.37-2.55-1.821.30
PAYC
PAYCOM SOFTWARE INC
$186.86821,8073.37%198.13196.57190.61192.65233.8339.816.7825.630.006.331.062.62-1.561.52
PLUS
EPLUS INC
$75.43167,52234.37%76.8276.9478.0676.0869.2342.3231.9143.3023.1639.20-0.53-0.46-0.071.14
FROG
JFROG LTD
$38.03977,86538.65%40.3742.1641.9636.9131.7432.899.536.194.861.72-1.07-0.30-0.761.38
MKTW
MARKETWISE INC
$1.6030,695-62.17%1.601.671.832.282.0639.8619.2319.3972.3268.39-0.08-0.090.001.09
YOU
CLEAR SECURE INC
$18.811,079,066-9.62%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.75
TRAK
REPOSITRAK INC
$15.1054,210-21.34%16.5016.2714.7812.8311.0744.4612.6324.740.001.440.320.60-0.280.75
NCNO
NCINO INC
$29.68988,670-46.57%32.7732.9031.2031.5330.8637.905.4217.070.001.260.010.62-0.611.57
CXM
SPRINKLR INC
$11.361,574,780-2.25%11.7912.3012.7212.7613.4929.144.513.831.991.76-0.42-0.31-0.111.53
PRGS
PROGRESS SOFTWARE CORP
$50.59635,50014.82%50.8751.7553.4454.2955.2338.9123.0120.0546.0347.72-0.81-0.78-0.030.87
HKIT
HITEK GLOBAL INC
$1.1721,248-11.58%7.747.727.767.116.1451.6562.7160.8381.5278.940.00-0.000.001.57
IDN
INTELLICHECK INC
$3.16160,067132.39%3.423.272.382.102.2055.3339.0043.165.915.320.310.37-0.061.27
CCRD
CORECARD CORP
$12.88101,042-17.20%11.2111.0711.5312.4016.6463.7961.9648.7980.6361.060.10-0.150.250.87
TROO
TROOPS INC
$1.142,900-95.96%1.201.301.602.083.0732.9215.1416.1275.7673.39-0.14-0.150.010.41
DUOL
DUOLINGO INC
$194.66262,799-34.25%10.6610.6610.7110.7010.6250.6843.0628.8065.0151.93-0.01-0.020.001.58
MNDY
MONDAYCOM LTD
$184.76352,099-58.80%201.23213.01217.14203.75181.6727.925.595.448.464.66-8.45-4.47-3.982.15
FRGE
FORGE GLOBAL HOLDINGS INC
$1.82611,936-24.70%2.092.101.972.422.4344.0916.5818.8719.9222.63-0.020.02-0.040.99
WFCF
WHERE FOOD COMES FROM INC
$11.99647-88.37%11.3311.1412.1612.8513.3756.1083.1980.1499.8199.89-0.11-0.310.200.30
NXPL
NEXTPLAT CORP
$1.39214,797-74.62%1.511.511.491.561.8745.2113.1423.1320.6843.350.010.01-0.010.24
SYT
SYLA TECHNOLOGIES CO LTD
$2.941,554-67.77%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-0.08
RUM
RUMBLE INC
$6.171,210,373-9.00%6.477.087.196.036.2939.854.625.713.443.33-0.28-0.14-0.140.84
PET
WAG! GROUP CO
$2.1276,996180.94%2.092.032.051.921.9656.6069.7069.0261.0062.780.020.010.010.26
VMEO
VIMEO INC
$3.521,728,343-36.25%3.674.064.354.083.9133.677.564.6719.2613.47-0.30-0.25-0.051.71
SEZL
SEZZLE INC
$64.3659,96822.70%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.89
CALX
CALIX INC
$29.18650,737-31.00%30.8131.9233.6037.4740.2427.282.904.590.009.45-1.31-1.09-0.211.34
LAW
CS DISCO INC
$7.80416,77740.77%7.988.178.137.706.5732.703.756.830.005.88-0.19-0.07-0.112.13
MTTR
MATTERPORT INC
$1.781,740,406-15.68%1.951.962.062.282.4439.875.3616.087.1821.69-0.05-0.03-0.022.17
RSKD
RISKIFIED LTD
$4.91502,81715.71%11.3911.3611.3511.3111.2458.1888.8977.7867.0458.250.020.020.011.41
GRAB
GRAB HOLDINGS LTD
$3.2120,687,94943.38%3.283.243.243.203.3347.4551.9865.5433.1753.580.030.020.001.17
SEMR
SEMRUSH HOLDINGS INC
$11.84218,931-29.36%12.7412.7612.2412.1210.5639.852.9710.300.000.330.030.22-0.181.74
BRZE
BRAZE INC
$39.53700,970-10.90%41.9845.0851.3852.5348.6226.802.605.8619.2027.16-3.19-2.99-0.202.13
SMRT
SMARTRENT INC
$2.461,787,74725.08%2.522.592.752.943.0435.6721.6418.2637.7023.53-0.08-0.07-0.011.49
ENFN
ENFUSION INC
$9.30226,346-38.59%9.439.329.029.159.2351.7630.5442.6713.4827.630.100.13-0.031.33
FSLY
FASTLY INC
$12.522,050,489-30.03%13.2113.0314.8916.6917.4737.7524.0244.6932.2952.77-0.36-0.470.101.60
AI
C3AI INC
$20.605,022,630-16.53%23.1725.1527.8827.8829.2920.942.973.451.440.87-2.03-1.52-0.512.22
OLO
OLO INC
$4.73598,310-26.56%5.045.195.515.465.7830.453.266.890.005.32-0.17-0.13-0.041.56
SWVL
SWVL HOLDINGS CORP
$7.5779,198-9.71%13.1012.988.495.503.2639.751.9012.150.743.130.501.62-1.131.23
PALT
PALTALK INC
$3.8111,551-57.44%3.593.224.083.382.6253.0560.4165.6275.4478.43-0.04-0.160.110.40
TEAM
ATLASSIAN CORP
$195.071,384,306-41.74%199.81197.11203.10213.70201.0745.0913.3831.1322.6340.11-1.45-1.880.421.18
INLX
INTELLINETICS INC
$7.0216,813236.19%7.087.267.836.395.2645.8638.2139.8744.8845.99-0.27-0.25-0.020.05
RDDT
REDDIT INC
$39.172,139,13326.35%10.01N/AN/AN/AN/A75.05N/AN/AN/AN/AN/AN/AN/A0.17
ULY
URGENTLY INC
$1.7019,27623.59%14.9514.7513.9412.51N/A55.0539.1341.0331.7438.310.280.33-0.051.01
DSP
VIANT TECHNOLOGY INC
$9.00115,770-23.68%9.7210.079.538.366.9238.868.546.273.861.48-0.170.07-0.251.40
DJCO
DAILY JOURNAL CORP
$335.224,480-6.94%354.50357.11352.21340.43318.4539.448.099.883.924.39-4.34-0.45-3.890.89
RMNI
RIMINI STREET INC
$2.94266,31140.96%2.943.073.103.172.9944.3028.0426.2820.9317.37-0.07-0.05-0.021.13
PCOR
PROCORE TECHNOLOGIES INC
$71.75948,758-5.88%75.2978.0876.9871.5668.0731.984.034.910.830.55-1.34-0.37-0.981.69
PTC
PTC INC
$177.48764,0108.91%182.00185.35183.54176.79160.2136.489.038.733.142.48-1.52-0.27-1.261.08
ASUR
ASURE SOFTWARE INC
$7.06158,58171.82%7.447.668.718.599.6730.366.486.8914.2823.44-0.40-0.39-0.010.85
KVYO
KLAVIYO INC
$23.291,321,93720.79%9.049.5610.4010.52N/A34.676.119.878.077.53-0.52-0.39-0.132.01
PDFS
PDF SOLUTIONS INC
$31.28113,38224.14%32.3732.8933.4332.3733.7339.5712.0616.107.4516.53-0.44-0.27-0.171.19
GTLB
GITLAB INC
$53.511,074,210-24.69%56.5457.1762.9262.4354.6535.3713.6928.580.2619.84-1.81-1.77-0.042.41
NRDY
NERDY INC
$2.62704,565-33.17%2.742.862.963.023.4538.2816.6812.7715.9411.31-0.09-0.06-0.031.31

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 5.44% over the past year, underperforming other app stocks by -13 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -20.63% from Full Truck Alliance Co's current stock price of $7.56.

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 lose -3.68% over the past year, underperforming other app stocks by -22 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 21.39% from Agilysys's current stock price of $82.38.

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 10.32% over the past year, underperforming other app stocks by -8 percentage points.

Red Violet has an average 1 year price target of $25.00, an upside of 38.35% from Red Violet's current stock price of $18.07.

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 12.7%, which is 10 percentage points higher than the app industry average of 2.41%. 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 10.63%, which is 8 percentage points higher than the app industry average of 2.41%.

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 4.64%, which is 2 percentage points higher than the app industry average of 2.41%. 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 -1.05% in the last day, and down -6.34% over the last week. Powerschool Holdings was the among the top losers in the software - application industry, dropping -9.83% yesterday.

PowerSchool Holdings shares are trading lower after Spruce Point Capital Management issued a report on the stock.

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 66 points higher than the app industry average of 20. It passed 6 out of 7 valuation due diligence checks.

SS&C Technologies Holdings's stock has gained 4.31% in the past year. It has underperformed other stocks in the app industry by -14 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 51 points higher than the app industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Mind Cti's stock has dropped -4.06% in the past year. It has underperformed other stocks in the app industry by -22 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 51 points higher than the app industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Agilysys's stock has dropped -3.68% in the past year. It has underperformed other stocks in the app industry by -22 percentage points.

Are app stocks a good buy now?

41.52% of app stocks rated by analysts are a strong buy right now. On average, analysts expect app stocks to rise by 19.59% 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 99.28x.
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