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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
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
OLB
OLB GROUP INC
$0.3619.93%9.39%-39.93%-57.28%-40.03%-60.76%-93.02%N/AN/A$1.17$0.2869.15%27.11%1.37197,13440.09%
CRNC
CERENCE INC
$9.713.41%-6.18%-32.71%-52.84%-36.70%-61.57%-90.20%N/AN/A$36.79$9.3573.61%3.85%1.41453,647-12.60%
APPS
DIGITAL TURBINE INC
$1.820.00%-1.62%-26.32%-68.18%-62.24%-84.78%-97.63%-49.44%-51.47%$14.61$1.7887.54%2.25%2.10863,865-20.26%
DGHI
DIGIHOST TECHNOLOGY INC
$1.384.55%8.66%-1.43%-22.91%6.98%-16.36%N/AN/AN/A$2.54$0.8245.67%68.29%2.3845,760-3.29%
PRO
PROS HOLDINGS INC
$33.980.15%2.10%-2.16%-5.19%4.23%18.40%-27.89%-32.65%25.85%$40.99$24.6117.10%38.07%1.44165,643-43.49%
WK
WORKIVA INC
$80.620.86%3.54%-2.48%-13.96%-13.83%-14.09%-18.55%54.12%N/A$116.00$76.6330.50%5.21%1.16203,1446.71%
U
UNITY SOFTWARE INC
$24.133.47%5.42%-9.63%-27.12%-6.83%-8.11%-76.94%N/AN/A$50.08$22.2051.82%8.69%2.486,633,95724.63%
SSNT
SILVERSUN TECHNOLOGIES INC
$13.943.80%5.85%6.49%1.16%342.54%332.92%114.46%436.15%173.07%$24.54$2.9543.19%372.54%0.6036,13716.03%
WALD
WALDENCAST PLC
$5.10-2.11%-6.59%-22.02%-33.51%-44.57%-44.57%-51.20%N/AN/A$12.00$5.0057.50%2.00%0.1450,270-61.15%
ETWO
E2OPEN PARENT HOLDINGS INC
$4.305.65%8.59%3.37%12.27%44.30%-30.53%-58.37%N/AN/A$6.90$2.1537.67%100.00%1.25845,876-2.49%
TGL
TREASURE GLOBAL INC
$4.61-3.33%-1.68%17.33%-24.80%-86.25%-95.08%N/AN/AN/A$161.00$3.1197.14%48.26%0.4519,49589.20%
RBT
RUBICON TECHNOLOGIES INC
$0.4616.07%35.01%30.00%-65.27%-75.41%-87.36%N/AN/AN/A$13.84$0.2996.71%56.90%0.97764,334282.97%
PRST
PRESTO AUTOMATION INC
$0.171.20%0.60%-19.52%-35.98%-86.59%-95.46%-98.31%N/AN/A$5.74$0.1497.06%23.36%0.85316,474-33.46%
GETR
GETAROUND INC
$0.202.04%-14.89%-37.50%-28.57%-16.32%-56.04%-97.94%N/AN/A$0.70$0.1471.43%44.93%0.17319,0956.98%
IFBD
INFOBIRD CO LTD
$4.9032.79%26.61%15.84%23.27%-69.68%-98.23%-99.97%N/AN/A$395.20$3.4498.76%42.44%0.964,079,67811,851.25%
MTC
MMTEC INC
$2.88-8.57%77.78%52.38%51.74%176.92%247.83%-85.74%-93.00%N/A$4.86$0.3640.74%706.72%1.08256,425-87.37%
BCOV
BRIGHTCOVE INC
$1.630.00%-6.32%-16.41%-32.08%-43.99%-57.66%-91.72%-83.67%-80.07%$4.56$1.5564.25%5.16%0.93233,15551.66%
CXAI
CXAPP INC
$3.6914.95%6.03%60.43%202.46%190.55%-60.19%-62.73%N/AN/A$16.00$1.0376.94%258.25%0.691,947,296118.42%
RTC
BAIJIAYUN GROUP LTD
$1.341.52%35.35%45.49%-77.29%-56.28%-82.30%-84.60%-45.08%-76.90%$9.50$0.5985.89%129.06%0.09106,41339.19%
SGN
SIGNING DAY SPORTS INC
$0.30-5.45%15.69%-4.84%-59.03%N/AN/AN/AN/AN/A$5.09$0.2694.20%15.69%1.9985,420243.89%
NUKK
NUKKLEUS INC
$0.89-2.52%0.23%-0.45%-15.24%-92.31%-91.95%-91.14%N/AN/A$15.38$0.7694.21%16.80%-0.1542,445-0.36%
RNG
RINGCENTRAL INC
$30.642.10%4.36%-10.12%-12.31%19.69%9.31%-90.73%-73.44%117.15%$43.28$25.0829.21%22.19%1.33481,624-10.76%
AISP
AIRSHIP AI HOLDINGS INC
$7.431.78%11.39%-14.30%388.82%-30.17%-25.92%-26.06%N/AN/A$14.32$1.3448.11%454.48%-0.32411,253-11.44%
XTKG
X3 HOLDINGS CO LTD
$0.643.39%3.89%14.87%-33.71%28.97%-94.87%-99.85%-99.94%N/A$21.06$0.3996.96%64.36%0.6751,236-32.22%
MLNK
MERIDIANLINK INC
$17.500.63%1.69%-2.40%-25.72%5.49%18.72%N/AN/AN/A$25.88$13.6232.38%28.49%1.09178,75839.58%
GBTG
GLOBAL BUSINESS TRAVEL GROUP INC
$6.000.17%0.00%-1.80%4.35%20.72%-0.99%-39.27%N/AN/A$8.05$4.4925.47%33.63%0.35528,343265.64%
LYT
LYTUS TECHNOLOGIES HOLDINGS PTV LTD
$4.15-0.24%-0.95%2.72%-27.95%-52.61%-92.31%N/AN/AN/A$57.60$2.2292.80%86.94%1.97104,0003.63%
LKCO
LUOKUNG TECHNOLOGY CORP
$0.49-0.61%-7.79%-26.29%12.79%-30.71%-57.08%-98.78%-99.75%N/A$1.54$0.4168.51%18.29%0.9286,490135.59%
DBD
DIEBOLD NIXDORF INC
$32.03-0.90%0.31%-7.43%3.02%72.76%N/AN/AN/AN/A$35.94$16.5010.88%94.12%0.7159,643-43.28%
OMQS
OMNIQ CORP
$0.399.47%-10.68%-28.80%-28.80%-37.12%-91.45%-95.15%-95.09%-97.15%$6.35$0.2893.81%40.36%0.28211,250-89.71%
EZFL
EZFILL HOLDINGS INC
$2.411.26%1.69%43.45%57.52%12.09%11.57%N/AN/AN/A$5.04$1.1352.18%113.27%0.2310,698108.78%
XTIA
XTI AEROSPACE INC
$2.500.81%-10.07%29.87%-52.38%-73.96%-93.28%-99.97%-100.00%-100.00%$40.00$1.7193.75%46.20%1.18147,57910.10%
RMCO
ROYALTY MANAGEMENT HOLDING CORP
$0.960.63%0.53%-21.64%-36.65%-90.93%-90.63%-90.49%N/AN/A$22.97$0.9095.84%6.22%0.027,608-65.21%
MRT
MARTI TECHNOLOGIES INC
$1.504.90%-16.67%95.57%72.41%190.14%-85.71%N/AN/AN/A$17.73$0.4491.54%240.91%-0.03166,383-42.59%
FRGT
FREIGHT TECHNOLOGIES INC
$1.008.86%11.67%-20.40%-65.39%-63.73%-94.04%-99.82%-99.97%N/A$20.85$0.8495.23%18.17%0.5828,760,4631,357.52%
PHUN
PHUNWARE INC
$6.383.91%1.27%-33.68%-59.86%-25.73%-77.25%-92.17%-98.38%N/A$33.52$3.5080.96%82.29%1.19524,86127.05%
ALIT
ALIGHT INC
$9.110.00%-0.11%-7.04%0.66%35.57%0.55%-9.08%N/AN/A$10.38$6.3312.24%43.92%1.062,059,833-25.66%
RBRK
RUBRIK INC
$38.002.70%2.70%N/AN/AN/AN/AN/AN/AN/A$40.00$35.885.00%5.91%N/A5,079,901-71.75%
ISDR
ISSUER DIRECT CORP
$11.953.11%3.62%-7.15%-23.40%-29.94%-30.76%-53.68%-7.65%0.84%$23.40$11.4548.92%4.37%0.371,387116.72%
BNZI
BANZAI INTERNATIONAL INC
$0.362.00%-2.46%-42.42%-77.38%-96.63%-96.57%-96.37%N/AN/A$16.57$0.3197.85%16.67%0.07254,03341.36%
MODN
MODEL N INC
$29.640.07%0.07%7.78%7.08%22.94%-7.81%-29.53%59.61%228.97%$35.96$20.9017.58%41.82%0.98438,311-67.18%
XELA
EXELA TECHNOLOGIES INC
$2.021.51%2.02%-34.20%-14.04%-29.12%-71.71%-99.98%-99.99%N/A$8.85$1.8377.18%10.38%1.4268,673-19.65%
NVNI
NVNI GROUP LTD
$1.44-0.69%2.86%-29.24%-50.85%-53.70%N/AN/AN/AN/A$11.00$1.2986.91%11.63%1.781,496633.33%
AUUD
AUDDIA INC
$1.775.36%-8.29%-4.32%-67.23%-66.03%-83.85%-97.03%N/AN/A$38.50$1.4195.40%25.53%1.35125,562-18.49%
ELWS
EARLYWORKS CO LTD
$0.66-10.07%8.36%-20.46%74.87%10.17%N/AN/AN/AN/A$4.23$0.3784.37%79.13%0.547,989,057761.85%
MNY
MONEYHERO LTD
$2.32-1.28%13.17%27.47%132.00%41.46%-76.87%-78.15%N/AN/A$10.43$0.7477.76%214.36%0.201,516,840-80.54%
LDTC
LEDDARTECH HOLDINGS INC
$2.261.80%5.12%-19.86%-42.20%-79.05%-77.31%-76.92%N/AN/A$11.20$2.1579.82%5.12%-0.058,285206.40%
RYDE
RYDE GROUP LTD
$3.32-8.29%-7.78%-27.98%N/AN/AN/AN/AN/AN/A$8.12$2.0259.11%64.36%-1.74224,015-18.64%
ENV
ENVESTNET INC
$62.15-0.34%-1.86%10.63%18.45%70.13%-2.22%-15.65%-12.44%80.83%$68.83$33.129.71%87.65%1.13388,020-4.81%
MFI
MF INTERNATIONAL LTD
$2.33-77.68%-81.04%N/AN/AN/AN/AN/AN/AN/A$14.49$1.7083.92%37.06%-31.9721,002,2713,561.22%
ZPTA
ZAPATA COMPUTING HOLDINGS INC
$1.58-1.86%-9.20%-83.01%-85.58%-85.34%-85.02%N/AN/AN/A$18.50$1.5091.46%5.33%0.00964,027-36.75%
AILE
ILEARNINGENGINES INC
$8.0018.34%18.34%-5.44%-23.88%-23.44%-22.18%-17.18%N/AN/A$20.00$6.5560.00%22.14%0.0846,733498.53%

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 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 39.43% 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 -31.58% from Full Truck Alliance Co's current stock price of $8.77.

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 5.72% over the past year, underperforming other app stocks by -22 percentage points.

Red Violet has an average 1 year price target of $25.00, an upside of 47.15% from Red Violet's current stock price of $16.99.

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 6.92% over the past year, underperforming other app stocks by -21 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 20.48% from Agilysys's current stock price of $83.00.

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 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 10.56%, 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 4.38%, 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 up?

App stocks were up 0.47% in the last day, and up 3.25% over the last week. Appfolio was the among the top gainers in the software - application industry, gaining 12.05% yesterday.

AppLovin shares are trading higher possibly in sympathy with Snap, which reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates.

What are the most undervalued app stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued app stocks right now are:

1. Adeia (NASDAQ:ADEA)


Adeia (NASDAQ:ADEA) is the most undervalued app stock based on WallStreetZen's Valuation Score. Adeia 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.

Adeia's stock has gained 27.64% in the past year. It has performed in line with other stocks in the app industry.

2. Yalla Group (NYSE:YALA)


Yalla Group (NYSE:YALA) is the second most undervalued app stock based on WallStreetZen's Valuation Score. Yalla Group 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.

Yalla Group's stock has gained 27.57% in the past year. It has underperformed other stocks in the app industry by -1 percentage points.

3. Zoominfo Technologies (NASDAQ:ZI)


Zoominfo Technologies (NASDAQ:ZI) is the third most undervalued app stock based on WallStreetZen's Valuation Score. Zoominfo Technologies 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.

Zoominfo Technologies's stock has dropped -23.07% in the past year. It has underperformed other stocks in the app industry by -51 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 19.86% 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 91.33x.
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.