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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
CALX
CALIX INC
$27.73930,84561.37%28.6229.8632.5736.5739.3026.7323.7325.3517.2817.45-1.42-1.36-0.061.33
QH
QUHUO LTD
$0.5742,10128.90%0.590.590.901.111.3235.8435.5330.7360.6557.10-0.09-0.110.021.00
EXFY
EXPENSIFY INC
$1.60485,364-76.85%1.611.571.801.912.9247.0541.8344.4473.6078.11-0.04-0.060.021.61
BL
BLACKLINE INC
$58.05785,71573.07%59.1761.3562.0361.1757.8941.8730.2129.2146.8040.78-1.05-0.86-0.191.13
DAVE
DAVE INC
$43.80125,837-28.11%40.0638.2734.4923.7814.9562.0679.8583.5585.2893.792.761.950.811.48
SNOW
SNOWFLAKE INC
$155.203,779,905-11.42%151.93153.06168.35185.34172.7247.0077.8072.4192.5092.92-3.13-4.991.861.89
INTA
INTAPP INC
$30.92362,468-12.86%21.0121.5123.8625.1520.7642.3154.2051.4291.4293.32-0.69-0.890.201.34
ML
MONEYLION INC
$66.31184,20868.82%69.5573.1465.7359.1240.3644.739.6211.827.388.430.081.49-1.421.47
ADEA
ADEIA INC
$9.84483,91986.48%10.0610.2810.7811.2910.5836.8040.0643.6373.3778.19-0.22-0.250.020.93
SMWB
SIMILARWEB LTD
$7.39197,674197.42%7.687.958.477.146.5536.2934.2637.5470.1869.77-0.25-0.22-0.031.36
VERX
VERTEX INC
$29.13656,010-14.75%29.1130.3429.6527.8325.3045.3836.4336.9231.8430.54-0.29-0.09-0.201.23
SSTI
SOUNDTHINKING INC
$13.3640,366-20.25%13.4214.2515.4919.0519.4835.0419.2518.4436.6930.13-0.71-0.740.030.78
BILL
BILL HOLDINGS INC
$62.361,680,40541.37%61.4662.2564.1269.5784.5047.6957.1143.9684.5965.19-0.95-1.180.241.60
WEAV
WEAVE COMMUNICATIONS INC
$10.69276,130-24.33%10.9911.3311.6311.6810.4039.1028.5531.2945.1145.76-0.21-0.20-0.021.60
AMST
AMESITE INC
$3.49184,961-12.18%2.672.402.262.302.5375.1261.5861.6286.1090.130.290.120.170.88
BMBL
BUMBLE INC
$10.102,529,77352.81%10.3010.4811.0512.6114.0338.2633.7641.8669.2083.92-0.24-0.280.042.05
LYFT
LYFT INC
$15.648,692,705-6.28%16.4517.3717.6315.7013.3037.2510.7512.4710.3811.18-0.52-0.28-0.241.53
VERB
VERB TECHNOLOGY COMPANY INC
$0.166,300,3844.12%0.160.180.210.180.4741.058.208.3618.2423.25-0.02-0.02-0.000.84
ASAN
ASANA INC
$14.871,727,629-12.30%14.4614.5316.1617.4518.7748.1883.2981.8693.2993.90-0.30-0.530.232.40
BMR
BEAMR IMAGING LTD
$5.52233,072-19.83%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.10
OCFT
ONECONNECT FINANCIAL TECHNOLOGY CO LTD
$2.0314,857-9.51%1.881.992.162.432.8750.3056.7541.0993.8077.13-0.08-0.100.020.85
PYCR
PAYCOR HCM INC
$17.37473,967-32.08%10.7310.7310.7010.6610.5451.1873.3373.3360.5560.550.010.01-0.001.40
MSTR
MICROSTRATEGY INC
$1,065.032,463,913160.42%1,237.941,359.061,350.28960.96679.6537.2223.3726.9230.4035.18-60.28-29.42-30.861.58
ASUR
ASURE SOFTWARE INC
$7.39214,46124.19%7.147.318.228.529.4346.3056.6040.5692.8080.77-0.24-0.330.090.85
ANY
SPHERE 3D CORP
$1.00331,21234.23%1.091.151.501.871.6633.2821.0928.7333.6547.61-0.12-0.130.011.32
CWAN
CLEARWATER ANALYTICS HOLDINGS INC
$15.782,053,16361.65%16.3516.5217.2418.3218.5331.3313.2925.1726.3252.64-0.30-0.30-0.010.95
AMPL
AMPLITUDE INC
$9.79338,58150.45%9.7510.0010.8311.8411.4836.9747.3844.2393.5495.36-0.32-0.390.071.98
DAY
DAYFORCE INC
$61.373,004,11183.42%60.2961.1665.3066.6668.2346.4163.9148.9296.0688.14-1.37-1.740.371.41
HUBS
HUBSPOT INC
$604.87596,78564.05%635.91645.87627.74601.82546.2340.0714.8922.833.237.33-0.694.05-4.741.53
AZPN
ASPEN TECHNOLOGY INC
$196.87226,87043.14%197.83204.36200.24201.04194.8542.1829.7427.2822.4819.99-1.75-0.79-0.960.86
DUOT
DUOS TECHNOLOGIES GROUP INC
$3.0513,95866.72%3.113.153.723.564.1237.2254.5352.3682.2491.60-0.19-0.220.030.63
KLTR
KALTURA INC
$1.2370,65767.45%7.657.857.517.667.5445.9540.3133.0444.6932.81-0.030.01-0.041.32
VS
VERSUS SYSTEMS INC
$1.4432,228145.32%1.341.551.892.193.2340.9222.2719.3575.2365.89-0.17-0.180.010.86
DSP
VIANT TECHNOLOGY INC
$8.79300,33839.62%8.659.299.548.587.1043.9319.4311.4852.2028.75-0.37-0.30-0.071.39
PAR
PAR TECHNOLOGY CORP
$42.28291,5806.68%41.8442.6843.0843.5640.4548.2767.1959.7279.8873.53-0.20-0.370.171.65
SMAR
SMARTSHEET INC
$37.831,453,70739.40%37.9037.9939.5842.8742.0644.8163.0860.1190.4592.12-0.44-0.640.201.31
INST
INSTRUCTURE HOLDINGS INC
$19.13198,842-10.37%3.844.095.435.695.5624.695.565.8246.4540.87-0.44-0.480.030.86
BSY
BENTLEY SYSTEMS INC
$52.531,078,763-2.36%53.1151.2350.8150.6850.6254.7279.8886.0976.9587.650.930.650.281.31
WKME
WALKME LTD
$7.78142,156119.37%7.907.998.549.399.2537.6141.3640.0490.9286.42-0.20-0.230.031.35
WRNT
WARRANTEE INC
$0.3035,814-60.93%10.4710.4610.4110.36N/A62.9139.8368.2262.6976.300.020.020.00-0.30
SMSI
SMITH MICRO SOFTWARE INC
$2.31215,204-38.35%2.212.272.924.687.0343.6336.7532.6593.7097.90-0.20-0.290.091.19
ESTC
ELASTIC NV
$102.221,155,896-2.24%100.9199.21105.98111.4892.5051.1072.7484.0477.3389.31-0.07-1.431.361.37
SPT
SPROUT SOCIAL INC
$50.45902,78348.45%51.7053.8557.3459.2654.6633.5816.1617.6835.8933.07-1.89-1.76-0.131.62
NTWK
NETSOL TECHNOLOGIES INC
$2.5215,26636.16%2.672.732.812.522.3135.845.7521.7616.6341.75-0.05-0.03-0.020.43
XPER
XPERI INC
$10.51492,587-7.68%9.8910.2510.7710.7810.6752.2452.9540.2284.4773.40-0.20-0.280.081.36
ONTF
ON24 INC
$6.59189,69970.73%6.676.836.927.257.1041.1323.6524.8126.3227.26-0.10-0.09-0.011.16
PERF
PERFECT CORP
$2.2945,98125.00%2.322.382.472.563.0044.5028.2528.2525.7225.24-0.04-0.04-0.000.31
FTFT
FUTURE FINTECH GROUP INC
$0.8721,967-25.70%0.860.870.981.071.1044.6937.4433.5981.7875.45-0.04-0.040.010.97
DPSI
DECISIONPOINT SYSTEMS INC
$8.052,316-6.08%8.328.508.477.536.5040.8421.6827.270.001.07-0.08-0.01-0.070.11
BIGC
BIGCOMMERCE HOLDINGS INC
$5.66694,87643.63%5.826.096.917.858.8829.4218.2317.7080.2169.42-0.35-0.380.022.09
SOPA
SOCIETY PASS INCORPORATED
$0.121,493,196-46.35%0.130.140.160.200.2937.0319.3034.1240.9166.47-0.01-0.010.000.74
BLBX
BLACKBOXSTOCKS INC
$2.6012,073205.80%2.622.672.682.802.7747.9962.7466.9735.2938.45-0.03-0.02-0.010.27
PSQH
PSQ HOLDINGS INC
$4.1439,418-21.17%4.094.404.654.917.1841.4435.2437.1971.5465.64-0.20-0.19-0.01-0.06
BLKB
BLACKBAUD INC
$77.92343,555217.37%78.0076.2973.2778.0175.3756.6577.0178.2141.9353.941.401.310.091.03
RMNI
RIMINI STREET INC
$2.66271,54060.05%2.812.893.033.142.9031.367.3613.442.815.92-0.10-0.08-0.011.13
BTDR
BITDEER TECHNOLOGIES GROUP
$5.49833,79617.73%6.146.346.777.297.9136.7238.5649.4050.5167.32-0.25-0.23-0.010.31
AWRE
AWARE INC
$1.96166,550683.73%1.751.761.801.731.6165.0773.4363.1887.6280.780.01-0.010.020.56
AEYE
AUDIOEYE INC
$15.60202,270-50.82%13.8112.8310.157.516.1868.5476.5277.0648.1347.661.431.280.150.97
HTCR
HEARTCORE ENTERPRISES INC
$0.8517,787-67.34%0.930.920.890.720.8543.5744.2755.2434.1050.30-0.000.01-0.010.64
COMP
COMPASS INC
$3.152,163,00423.71%3.283.473.493.463.1940.5611.6012.2113.6613.72-0.08-0.06-0.032.50
EB
EVENTBRITE INC
$5.281,367,2491.99%5.265.405.806.988.1443.1740.6635.0581.0766.45-0.15-0.200.041.48
DHX
DHI GROUP INC
$2.34132,161-20.86%2.432.392.522.482.8044.9471.4783.4770.6586.91-0.02-0.030.010.97
GVP
GSE SYSTEMS INC
$2.3613,105-62.04%2.572.812.462.242.7142.1219.4329.059.3319.68-0.000.06-0.070.57
GRND
GRINDR INC
$9.79181,782-7.21%9.7910.129.659.077.4747.6235.3928.9629.2019.87-0.030.04-0.070.40
MAPS
WM TECHNOLOGY INC
$1.274,443,6031,407.06%1.111.181.070.961.0662.3621.8011.7733.3311.850.000.01-0.010.81
PD
PAGERDUTY INC
$19.961,438,321143.61%20.6521.4122.4223.1322.9038.0218.2019.4731.9529.62-0.62-0.56-0.061.43
TYL
TYLER TECHNOLOGIES INC
$461.55320,6390.13%430.36421.40424.22423.05407.6073.4995.0292.3997.3799.129.091.957.140.93
CYN
CYNGN INC
$0.117,303,505-42.15%0.110.130.160.170.3337.847.766.7164.1055.89-0.01-0.010.00-0.18
IDAI
T STAMP INC
$0.7812,959-79.86%0.790.881.001.201.4332.1314.7912.0617.8810.78-0.07-0.07-0.001.06
SOUN
SOUNDHOUND AI INC
$4.2420,074,371-19.42%4.074.395.473.772.9644.3468.4356.9890.7393.35-0.34-0.390.061.22
ZENV
ZENVIA INC
$2.1088,647156.75%23.9324.7226.2825.1220.9244.2862.1052.3180.6873.78-0.59-0.690.111.03
BLND
BLEND LABS INC
$2.456,149,331327.82%6.776.746.868.028.7744.0557.4768.5361.8379.04-0.03-0.060.031.83
BMTX
BM TECHNOLOGIES INC
$1.597,595159.04%1.531.551.661.942.2150.3526.9218.1658.5847.01-0.04-0.050.010.15
OBLG
OBLONG INC
$0.11422,444-38.75%0.120.130.140.160.3634.3922.6320.0922.1712.03-0.01-0.01-0.000.87
ZETA
ZETA GLOBAL HOLDINGS CORP
$12.361,311,658-41.14%12.1811.9911.1110.149.2160.1580.9989.6366.3776.140.410.380.031.75
WALD
WALDENCAST PLC
$4.8791,80341.18%5.265.776.397.827.8925.924.204.843.549.49-0.44-0.39-0.050.15
CREX
CREATIVE REALITIES INC
$3.3215,555-67.42%3.303.323.653.162.6546.2362.0068.9983.2493.11-0.06-0.090.030.66
MITK
MITEK SYSTEMS INC
$12.63438,42137.74%12.5013.4312.7012.5411.7744.9818.8217.7426.3223.74-0.16-0.01-0.150.92
CVLT
COMMVAULT SYSTEMS INC
$102.47669,86940.87%97.0597.4097.6189.9579.8666.7078.9569.88100.0088.650.44-0.070.510.88
EVBG
EVERBRIDGE INC
$34.752,498,32085.09%34.8434.8533.8328.8626.0762.3737.1846.588.978.800.290.44-0.150.97
OLB
OLB GROUP INC
$0.45399,452-33.45%0.370.460.580.710.7146.5944.4828.4388.8861.34-0.06-0.070.011.38
VCSA
VACASA INC
$7.7968,294-22.61%6.716.447.297.698.9465.7182.4983.4997.3699.120.11-0.160.271.53
JAMF
JAMF HOLDING CORP
$19.47470,35849.23%19.1418.6318.4218.5718.0360.9489.6787.0976.9776.660.340.220.131.39
DOMO
DOMO INC
$7.53361,20746.17%7.628.099.349.8010.6928.6222.4120.3666.7652.92-0.51-0.540.031.80
MNY
MONEYHERO LTD
$2.02331,105-41.96%2.072.112.021.804.4049.4736.5641.1060.7968.840.040.05-0.010.21
UPBD
UPBOUND GROUP INC
$31.01369,66910.54%31.3431.8532.9333.0631.5140.3246.8147.6571.0478.53-0.48-0.530.051.25
RSSS
RESEARCH SOLUTIONS INC
$2.88155,5282,143.95%3.023.103.082.892.5940.0522.8027.1615.2820.08-0.03-0.01-0.020.18
MNDR
MOBILE-HEALTH NETWORK SOLUTIONS
$24.654,133,381591.31%24.01N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-6.08
BNAI
BRAND ENGAGEMENT NETWORK INC
$2.2773,34535.20%3.844.787.679.159.8625.893.933.991.911.91-1.41-1.24-0.170.12
LPSN
LIVEPERSON INC
$0.505,542,39383.57%0.520.621.092.122.9126.2220.9317.9793.3787.19-0.18-0.210.031.40
EGHT
8X8 INC
$2.21794,885-43.86%2.262.352.582.983.0439.8638.1438.8873.7380.29-0.10-0.120.011.57
QTWO
Q2 HOLDINGS INC
$51.39638,42131.28%51.8951.9849.8646.0139.6850.1957.2266.8745.8556.230.680.78-0.101.45
NXTT
NEXT TECHNOLOGY HOLDING INC
$4.177,090-46.76%5.095.374.363.916.8141.461.712.280.000.070.030.27-0.241.46
ELWS
EARLYWORKS CO LTD
$0.78824,872-1.26%1.051.091.221.20N/A39.9544.1141.3665.3960.75-0.05-0.050.000.37
AIXI
XIAO-I CORP
$1.2295,04244.23%0.020.020.020.020.0249.7612.5014.3516.1113.43-0.00-0.00-0.001.45
PRCH
PORCH GROUP INC
$3.19597,585-19.22%3.303.693.583.092.0339.6020.8019.0830.2824.54-0.13-0.07-0.051.08
PWSC
POWERSCHOOL HOLDINGS INC
$17.32710,29640.95%17.3917.6218.1420.3519.2635.5928.8136.9954.8264.56-0.34-0.32-0.011.21
XTKG
X3 HOLDINGS CO LTD
$0.66189,569-26.76%0.620.650.660.871.0950.9234.3828.5578.2759.63-0.02-0.020.000.67
MRIN
MARIN SOFTWARE INC
$2.839,266,1441,443.77%2.592.522.172.252.5256.7628.5723.0322.8522.230.130.15-0.010.99
AHI
ADVANCED HEALTH INTELLIGENCE LTD
$1.501N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.56

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.
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