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Sectors & IndustriesTechnologySoftware - Application
Best App Stocks to Buy Now (2022)
Top app stocks in 2022 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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
YALA
YALLA GROUP LTD
$511.68M$3.38$25.00639.64%Strong Buy143.40%50.00%40.34%35.66%
CCRD
CORECARD CORP
$185.65M$21.67$50.00130.73%Strong Buy1N/AN/AN/AN/A
OTEX
OPEN TEXT CORP
$7.31B$27.11$40.3348.78%Hold33.57%51.70%22.49%8.91%
PAYA
PAYA HOLDINGS INC
$743.59M$5.63$8.2546.54%Buy48.38%228.42%24.91%9.55%
TSRI
TSR INC
$16.12M$7.51N/AN/AN/AN/AN/AN/AN/AN/A
PRGS
PROGRESS SOFTWARE CORP
$1.83B$42.08$55.4031.65%Buy5-4.23%22.54%N/AN/A
SPNS
SAPIENS INTERNATIONAL CORP N V
$1.10B$19.89$27.5038.26%Hold36.06%13.85%20.59%12.02%
PTC
PTC INC
$12.46B$106.04$136.0028.25%Buy89.06%3.80%30.55%14.31%
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$12.62B$49.48$77.1355.87%Strong Buy84.02%20.34%24.55%8.50%
IBEX
IBEX LTD
$304.79M$16.70$20.0019.76%Buy39.46%11.27%28.39%9.81%
APPS
DIGITAL TURBINE INC
$1.47B$14.91$36.33143.68%Strong Buy315.39%70.02%30.81%12.62%
NATI
NATIONAL INSTRUMENTS CORP
$5.16B$38.98$44.7514.80%Strong Buy46.65%50.05%21.85%11.78%
MGIC
MAGIC SOFTWARE ENTERPRISES LTD
$786.15M$16.02N/AN/AStrong Buy13.94%87.50%22.13%11.51%
GVP
GSE SYSTEMS INC
$21.04M$0.99$1.5051.52%Strong Buy1N/AN/AN/AN/A
ECOM
CHANNELADVISOR CORP
$652.72M$22.72$23.051.45%Hold53.13%-72.26%7.99%6.10%
GLOB
GLOBANT SA
$7.95B$190.09$277.1745.81%Strong Buy620.34%26.85%24.00%17.59%
IS
IRONSOURCE LTD
$3.64B$3.56$7.88121.21%Buy1519.77%28.70%11.23%8.52%
NTWK
NETSOL TECHNOLOGIES INC
$37.47M$3.33N/AN/AN/AN/AN/AN/AN/AN/A
CALX
CALIX INC
$3.75B$57.43$62.138.18%Strong Buy811.11%-91.32%5.29%4.11%
ADSK
AUTODESK INC
$39.84B$184.56$261.6741.78%Buy1810.30%34.61%181.44%16.32%
DV
DOUBLEVERIFY HOLDINGS INC
$4.30B$26.21$33.3327.18%Strong Buy919.84%10.89%14.38%12.10%
TTD
TRADE DESK INC
$28.17B$57.70$84.1845.90%Strong Buy1321.32%117.03%23.59%11.43%
KARO
KAROOOOO LTD
$783.06M$25.30$37.0046.25%Strong Buy217.16%22.40%41.76%29.47%
PUBM
PUBMATIC INC
$851.21M$16.25$30.5788.13%Buy916.35%-3.08%33.39%16.63%
ZI
ZOOMINFO TECHNOLOGIES INC
$16.15B$40.04$67.3968.29%Strong Buy1324.10%20.60%N/AN/A
BMTX
BM TECHNOLOGIES INC
$78.33M$6.40$21.00228.13%Strong Buy11.32%N/AN/AN/A
MTLS
MATERIALISE NV
$631.98M$10.70$28.00161.68%Strong Buy14.76%-6.39%11.45%6.41%
AGMH
AGM GROUP HOLDINGS INC
$41.90M$1.59N/AN/AN/AN/AN/AN/AN/AN/A
CVLT
COMMVAULT SYSTEMS INC
$2.31B$51.54$74.2544.06%Buy65.17%34.45%15.57%5.31%
PAYC
PAYCOM SOFTWARE INC
$19.55B$325.75$414.0027.09%Buy1618.54%21.60%N/AN/A
PCTY
PAYLOCITY HOLDING CORP
$13.08B$236.58$264.8211.94%Buy1119.36%25.86%N/AN/A
INTU
INTUIT INC
$111.05B$393.97$566.0043.67%Strong Buy1613.47%21.20%23.86%14.15%
NOW
SERVICENOW INC
$76.16B$377.04$577.0053.03%Strong Buy2518.47%61.54%N/AN/A
CDNS
CADENCE DESIGN SYSTEMS INC
$44.08B$160.97$192.0019.28%Buy106.59%9.42%31.61%19.03%
DSGX
DESCARTES SYSTEMS GROUP INC
$5.28B$62.22$75.5021.34%Buy57.91%12.32%11.02%9.18%
MAPS
WM TECHNOLOGY INC
$252.83M$1.74$7.30319.54%Buy511.77%N/A-1.23%-0.35%
CIH
CHINA INDEX HOLDINGS LTD
$87.62M$0.97N/AN/AN/AN/AN/AN/AN/AN/A
CREX
CREATIVE REALITIES INC
$12.40M$0.57$2.25294.74%Strong Buy136.57%-80.00%4.94%1.90%
RIOT
RIOT BLOCKCHAIN INC
$978.21M$6.33$33.29425.85%Strong Buy731.33%N/A12.71%11.41%
DCBO
DOCEBO INC
$861.60M$26.20$79.67204.07%Strong Buy325.07%N/A9.47%6.56%
AGYS
AGILYSYS INC
$1.19B$47.40$60.6727.99%Buy315.71%77.96%N/AN/A
MITK
MITEK SYSTEMS INC
$411.98M$9.29$19.00104.52%Buy112.12%78.38%N/AN/A
MIXT
MIX TELEMATICS LTD
$168.15M$7.61$14.0083.97%Strong Buy13.89%23.06%252.99%174.02%
DT
DYNATRACE INC
$9.54B$33.21$52.0056.58%Buy1518.52%98.21%11.74%6.50%
IDEX
IDEANOMICS INC
$172.36M$0.35$3.00757.14%Strong Buy135.36%N/A28.24%19.41%
MNDO
MIND CTI LTD
$45.14M$2.25N/AN/AN/AN/AN/AN/AN/AN/A
CLSK
CLEANSPARK INC
$146.47M$3.11$8.33167.94%Strong Buy326.81%N/A45.11%41.36%
ZDGE
ZEDGE INC
$35.61M$2.37N/AN/AN/AN/AN/AN/AN/AN/A
VCSA
VACASA INC
$1.34B$3.08$10.08227.37%Buy817.02%N/A-9.81%-1.93%
IMMR
IMMERSION CORP
$176.61M$5.27$10.0089.75%Buy1N/AN/AN/AN/A
NICE
NICE LTD
$12.08B$189.39$266.2940.60%Buy78.60%32.27%15.70%9.70%
OTMO
OTONOMO TECHNOLOGIES LTD
$41.98M$0.30$3.831,177.67%Buy3244.81%N/A39.73%34.90%
GRAB
GRAB HOLDINGS LTD
$10.56B$2.75$5.80110.87%Strong Buy1174.60%N/A-2.68%-1.85%
MYSZ
MY SIZE INC
$5.11M$0.20N/AN/AStrong Buy185.39%N/AN/AN/A
CRM
SALESFORCE INC
$146.27B$147.01$225.2553.22%Strong Buy2512.87%94.13%6.74%4.30%
MANH
MANHATTAN ASSOCIATES INC
$8.13B$129.63$160.0023.43%Strong Buy33.67%-13.90%54.39%22.07%
PRCH
PORCH GROUP INC
$200.52M$2.01$17.88789.30%Strong Buy1018.49%N/A-8.02%-1.43%
DDOG
DATADOG INC
$27.62B$87.28$155.6578.34%Strong Buy2329.49%N/A12.76%5.84%
AMSWA
AMERICAN SOFTWARE INC
$496.69M$14.74$29.50100.14%Strong Buy25.91%-1.44%8.60%6.11%
PCYG
PARK CITY GROUP INC
$107.86M$5.80$9.0055.17%Strong Buy1N/AN/AN/AN/A
PLUS
EPLUS INC
$1.11B$41.17$62.0050.60%Buy24.19%-3.37%14.55%7.84%
ESMT
ENGAGESMART INC
$3.03B$18.50$33.1178.98%Strong Buy1021.74%N/A7.79%7.13%
DGHI
DIGIHOST TECHNOLOGY INC
$19.82M$0.72$2.50247.22%Buy1N/AN/AN/AN/A
AEYE
AUDIOEYE INC
$57.72M$5.04$10.0098.33%Buy124.16%N/A226.51%106.12%
DUOT
DUOS TECHNOLOGIES GROUP INC
$22.44M$3.68$10.00172.11%Buy159.76%N/A-109.98%-20.77%
WKME
WALKME LTD
$714.26M$8.43$16.5796.57%Strong Buy820.78%N/A-31.50%-18.81%
RDVT
RED VIOLET INC
$220.30M$16.06N/AN/AN/AN/AN/AN/AN/AN/A
FRSH
FRESHWORKS INC
$3.80B$13.27$28.27113.03%Buy1419.89%N/A-15.38%-12.05%
SEAC
SEACHANGE INTERNATIONAL INC
$22.28M$0.45$3.00574.16%Strong Buy1N/AN/AN/AN/A
LAZR
LUMINAR TECHNOLOGIES INC
$2.64B$7.37$19.75167.98%Buy8105.74%N/A270.75%30.92%
NCNO
NCINO INC
$3.77B$33.98$48.1141.59%Strong Buy922.56%N/A-4.15%-3.33%
TEAM
ATLASSIAN CORP PLC
$55.46B$217.56$327.3350.46%Strong Buy1527.99%N/A90.39%9.03%
GTLB
GITLAB INC
$7.13B$47.90$80.9168.91%Strong Buy1329.79%N/AN/AN/A
NXPL
NEXTPLAT CORP
$22.82M$2.40N/AN/AN/AN/AN/AN/AN/AN/A
WFCF
WHERE FOOD COMES FROM INC
$51.50M$8.65N/AN/AN/AN/AN/AN/AN/AN/A
FROG
JFROG LTD
$1.91B$19.28$39.00102.28%Buy521.40%N/A-4.76%-3.47%
LTCH
LATCH INC
$120.64M$0.84$8.66931.43%Buy771.54%N/A-56.22%-46.36%
LSPD
LIGHTSPEED COMMERCE INC
$2.51B$16.83$48.25186.69%Strong Buy1228.12%N/A-4.11%-3.87%
BSQR
BSQUARE CORP
$23.95M$1.17N/AN/AN/AN/AN/AN/AN/AN/A
STNE
STONECO LTD
$2.90B$9.27$16.9883.12%Hold916.72%N/A19.33%6.15%
KBNT
KUBIENT INC
$17.28M$1.20$2.50108.33%Strong Buy1N/AN/AN/AN/A
ANY
SPHERE 3D CORP
$31.94M$0.50$10.001,920.20%Strong Buy19,110.27%N/AN/AN/A
BILL
BILLCOM HOLDINGS INC
$13.18B$125.74$229.2282.30%Strong Buy1836.81%N/A-7.42%-3.24%
DCT
DUCK CREEK TECHNOLOGIES INC
$1.54B$11.63$23.71103.90%Buy9N/AN/AN/AN/A
IDBA
IDEX BIOMETRICS ASA
$75.03M$5.70$36.00531.58%Buy1203.25%N/A10,794.17%9,635.96%
OLO
OLO INC
$1.28B$7.93$14.4081.59%Buy517.73%N/AN/AN/A
SBIG
SPRINGBIG HOLDINGS INC
$20.74M$0.82$4.50448.78%Strong Buy132.88%N/A525.70%76.24%
SOPA
SOCIETY PASS INCORPORATED
$37.56M$1.48$6.50339.19%Strong Buy2N/AN/AN/AN/A
AMST
AMESITE INC
$7.05M$0.27$7.002,454.74%Strong Buy1N/AN/AN/AN/A
ANSS
ANSYS INC
$19.99B$229.54$300.8031.04%Hold107.65%14.05%N/AN/A
BLBX
BLACKBOXSTOCKS INC
$10.21M$0.77$6.00675.19%Buy11.70%N/A20.23%12.07%
SMRT
SMARTRENT INC
$460.73M$2.33$8.35258.37%Strong Buy1048.97%N/A6.35%4.46%
MTTR
MATTERPORT INC
$1.06B$3.74$9.40151.34%Buy627.43%N/A-27.42%-25.10%
DSP
VIANT TECHNOLOGY INC
$259.45M$4.23$8.83108.82%Strong Buy3-35.22%N/A-24.91%-4.09%
WTRH
WAITR HOLDINGS INC
$32.43M$0.17$2.001,076.47%Strong Buy143.27%N/AN/AN/A
SRAD
SPORTRADAR GROUP AG
$9.77B$8.80$19.80125.00%Strong Buy1013.15%N/A42.97%17.67%
FTFT
FUTURE FINTECH GROUP INC
$33.56M$0.46N/AN/AN/AN/AN/AN/AN/AN/A
PALT
PALTALK INC
$13.81M$1.42N/AN/AHold1N/AN/AN/AN/A
MRIN
MARIN SOFTWARE INC
$22.83M$1.43N/AN/AN/AN/AN/AN/AN/AN/A
ALRM
ALARMCOM HOLDINGS INC
$3.16B$63.58$80.8027.08%Strong Buy54.69%36.47%10.55%4.71%

App Stocks FAQ

What are the best app stocks to buy right now in Sep 2022?

According to Zen Score, the 3 best software stocks to buy right now are:

1. Yalla Group (NYSE:YALA)


Yalla Group (NYSE:YALA) is the top app stock with a Zen Score of 69, which is 38 points higher than the app industry average of 31. It passed 23 out of 33 due diligence checks and has strong fundamentals. Yalla Group has seen its stock lose -57.05% over the past year, underperforming other app stocks by -7 percentage points.

Yalla Group has an average 1 year price target of $25.00, an upside of 639.64% from Yalla Group's current stock price of $3.38.

Yalla Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Yalla Group, 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. Corecard (NYSE:CCRD)


Corecard (NYSE:CCRD) is the second best app stock with a Zen Score of 64, which is 33 points higher than the app industry average of 31. It passed 21 out of 33 due diligence checks and has strong fundamentals. Corecard has seen its stock lose -44.21% over the past year, overperforming other app stocks by 6 percentage points.

Corecard has an average 1 year price target of $50.00, an upside of 130.73% from Corecard's current stock price of $21.67.

Corecard stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Corecard, 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. Paya Holdings (NASDAQ:PAYA)


Paya Holdings (NASDAQ:PAYA) is the third best app stock with a Zen Score of 61, which is 30 points higher than the app industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Paya Holdings has seen its stock lose -45.81% over the past year, overperforming other app stocks by 4 percentage points.

Paya Holdings has an average 1 year price target of $8.25, an upside of 46.54% from Paya Holdings's current stock price of $5.63.

Paya Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Paya Holdings, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% 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 16 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 11.58%, which is 9 percentage points higher than the app industry average of 2.71%. 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 shown consistent growth over the last 10 years.

Mind Cti's dividend payout ratio of 92.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Sap Se (NYSE:SAP)


Sap Se (NYSE:SAP) has an annual dividend yield of 4.03%, which is 1 percentage points higher than the app industry average of 2.71%. Sap Se's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Sap Se's dividend has shown consistent growth over the last 10 years.

3. Sapiens International N V (NASDAQ:SPNS)


Sapiens International N V (NASDAQ:SPNS) has an annual dividend yield of 3.52%, which is 1 percentage points higher than the app industry average of 2.71%. Sapiens International N V's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Sapiens International N V's dividend has shown consistent growth over the last 10 years.

Sapiens International N V's dividend payout ratio of 49% indicates that its dividend yield is sustainable for the long-term.

Why are app stocks down?

App stocks were down -1.38% in the last day, and down -6.81% over the last week. Presto Automation was the among the top losers in the software - application industry, dropping -40% yesterday.

Presto Automation shares are trading lower. The company recently completed its previously announced business combination with Ventoux CCM Acquisition.

What are the most undervalued app stocks?

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

1. Gse Systems (NASDAQ:GVP)


Gse Systems (NASDAQ:GVP) is the most undervalued app stock based on WallStreetZen's Valuation Score. Gse Systems has a valuation score of 100, which is 71 points higher than the app industry average of 29. It passed 7 out of 7 valuation due diligence checks.

Gse Systems's stock has dropped -30.28% in the past year. It has overperformed other stocks in the app industry by 20 percentage points.

2. Netsol Technologies (NASDAQ:NTWK)


Netsol Technologies (NASDAQ:NTWK) is the second most undervalued app stock based on WallStreetZen's Valuation Score. Netsol Technologies has a valuation score of 100, which is 71 points higher than the app industry average of 29. It passed 7 out of 7 valuation due diligence checks.

Netsol Technologies's stock has dropped -14.83% in the past year. It has overperformed other stocks in the app industry by 35 percentage points.

3. Tsr (NASDAQ:TSRI)


Tsr (NASDAQ:TSRI) is the third most undervalued app stock based on WallStreetZen's Valuation Score. Tsr has a valuation score of 100, which is 71 points higher than the app industry average of 29. It passed 7 out of 7 valuation due diligence checks.

Tsr's stock has dropped -27.51% in the past year. It has overperformed other stocks in the app industry by 23 percentage points.

Are app stocks a good buy now?

46.55% of app stocks rated by analysts are a strong buy right now. On average, analysts expect app stocks to rise by 54.68% 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 235.4x.
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.