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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
YMM
FULL TRUCK ALLIANCE CO LTD
$8.46B$1.25BN/A$329.90M$0.3320.93%N/A128.08%N/A2024-08-21
IMMR
IMMERSION CORP
$367.60M$70.69M$58.12M$44.35M$1.3984.93%18.16%36.27%N/A2024-08-09
SURG
SURGEPAYS INC
$59.21M$133.79M$17.13M$17.30M$1.20-1.02%53.40%224.32%N/A2024-08-08
APPF
APPFOLIO INC
$9.46B$671.78M$96.57M$76.48M$2.1433.64%26.81%N/A30.29%2024-07-25
CDNS
CADENCE DESIGN SYSTEMS INC
$85.89B$4.08B$1.46B$1.05B$3.8810.75%13.16%22.40%22.10%2024-07-22
TTD
TRADE DESK INC
$48.96B$2.05B$385.55M$201.27M$0.4124.88%32.00%156.25%14.43%2024-08-07
DV
DOUBLEVERIFY HOLDINGS INC
$3.43B$590.73M$137.64M$66.45M$0.4023.51%N/A33.33%N/A2024-07-29
YALA
YALLA GROUP LTD
$739.35M$324.09MN/A$128.48M$0.826.33%N/A51.85%N/A2024-08-12
SEZL
SEZZLE INC
$485.41M$171.66M$31.93M$13.38M$2.3629.45%N/AN/AN/A2024-08-07
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$16.45B$5.58B$2.05B$638.70M$2.594.19%6.15%8.82%37.34%2024-07-25
RDVT
RED VIOLET INC
$356.99M$63.09M$12.79M$14.60M$1.0514.26%27.52%1,212.50%N/A2024-08-05
DT
DYNATRACE INC
$13.09B$1.43B$172.57M$154.63M$0.5323.48%27.12%39.47%N/A2024-07-31
NICE
NICE LTD
$11.28B$2.46B$640.43M$367.73M$5.8010.75%10.65%29.75%15.51%2024-08-15
DDOG
DATADOG INC
$43.29B$2.26B$206.67M$115.29M$0.3625.87%N/AN/AN/A2024-08-06
ZM
ZOOM VIDEO COMMUNICATIONS INC
$18.04B$4.56B$1.21B$838.33M$2.773.13%63.34%27,600.00%N/A2024-08-19
SEMR
SEMRUSH HOLDINGS INC
$2.03B$322.62M$30.65M$12.95M$0.0920.35%N/AN/AN/A2024-08-01
SPNS
SAPIENS INTERNATIONAL CORP N V
$2.15B$524.11M$101.79M$65.61M$1.198.79%12.14%23.96%30.04%2024-07-31
PCTY
PAYLOCITY HOLDING CORP
$8.29B$1.35B$332.67M$195.20M$3.4823.61%24.98%63.38%34.18%2024-08-01
SRAD
SPORTRADAR GROUP AG
$3.45B$1.01B$354.47M$29.31M$0.1121.57%N/A230.30%N/A
AGYS
AGILYSYS INC
$2.96B$237.46M$25.95M$84.99M$3.3119.89%11.01%536.54%N/A2024-07-22
NOW
SERVICENOW INC
$157.41B$9.48B$1.81B$1.93B$9.4324.40%27.54%378.68%N/A2024-07-24
DSGX
DESCARTES SYSTEMS GROUP INC
$8.80B$587.67M$227.26M$121.22M$1.4216.09%15.48%10.08%28.20%
DUOL
DUOLINGO INC
$8.28B$583.00M$53.73M$45.61M$1.0844.33%N/AN/AN/A2024-08-06
PRGS
PROGRESS SOFTWARE CORP
$2.36B$711.72M$131.19M$73.26M$1.689.36%13.36%-10.64%13.30%
APP
APPLOVIN CORP
$28.93B$3.63B$1.40B$595.48M$1.7424.72%N/AN/AN/A2024-08-07
AMSWA
AMERICAN SOFTWARE INC
$319.16M$102.52M$17.70M$11.37M$0.34-5.30%-1.17%13.33%9.10%2024-08-22
MNDY
MONDAYCOM LTD
$11.57B$784.35M-$11.27M$19.87M$0.3936.94%N/AN/AN/A2024-08-12
HKD
AMTD DIGITAL INC
$687.29M$27.73MN/A$62.46M$0.335.88%N/A68.91%N/A
PDFS
PDF SOLUTIONS INC
$1.48B$166.39M$12.12M$2.36M$0.066.79%15.32%100.00%N/A2024-08-06
PAYC
PAYCOM SOFTWARE INC
$9.07B$1.74B$718.86M$468.68M$8.2118.23%23.25%54.03%27.05%2024-07-31
LGCL
LUCAS GC LTD
$199.08M$203.87M$10.47M$10.74M$0.1489.03%N/A125.81%N/A
EGAN
EGAIN CORP
$197.45M$94.98M$11.91M$8.88M$0.29-1.97%7.55%N/A19.30%2024-09-12
INTU
INTUIT INC
$183.99B$15.81B$4.80B$3.07B$10.9712.39%18.90%37.81%12.83%2024-08-22
ADSK
AUTODESK INC
$54.68B$5.65B$1.37B$997.00M$4.6510.60%15.51%19.23%N/A2024-08-21
KARO
KAROOOOO LTD
$987.56M$228.44M$93.09M$40.10M$1.3014.57%13.24%18.15%14.34%2024-07-17
ENFN
ENFUSION INC
$1.13B$181.62M$22.10M$2.54M$0.0315.55%N/A-25.00%N/A2024-08-06
UBER
UBER TECHNOLOGIES INC
$151.05B$38.59B$2.98B$1.39B$0.6914.01%28.65%N/AN/A2024-07-30
DOCU
DOCUSIGN INC
$11.70B$2.81B$246.58M$107.20M$0.528.56%29.92%N/AN/A2024-09-05
DCBO
DOCEBO INC
$1.15B$190.78M$4.15M$6.76M$0.2225.25%N/A-52.17%N/A2024-08-08
PEGA
PEGASYSTEMS INC
$5.15B$1.44B$120.79M$76.46M$0.9313.44%10.59%N/AN/A2024-07-24
ALKT
ALKAMI TECHNOLOGY INC
$3.09B$280.96M-$41.04M-$57.38M-$0.6028.01%N/AN/AN/A2024-07-31
CRM
SALESFORCE INC
$245.02B$35.74B$10.08B$5.47B$5.6311.04%20.60%1,381.58%29.77%2024-08-28
PUBM
PUBMATIC INC
$1.06B$278.31M$67.90M$12.30M$0.238.19%N/A-32.35%N/A2024-08-06
SMRT
SMARTRENT INC
$492.46M$222.25M-$30.74M-$29.06M-$0.1413.66%N/AN/AN/A2024-08-06
MNDO
MIND CTI LTD
$38.59M$21.89M$5.85M$5.16M$0.262.54%3.93%4.00%-2.16%2024-08-06
DJCO
DAILY JOURNAL CORP
$595.56M$71.82M$32.14M$22.22M$16.1320.14%11.19%N/AN/A2024-08-12
INLX
INTELLINETICS INC
$28.84M$17.21M$1.85M$231.99k$0.0611.01%48.64%20.00%N/A2024-08-12
ALRM
ALARMCOM HOLDINGS INC
$3.36B$895.25M$157.83M$90.22M$1.815.72%15.26%45.97%33.93%2024-08-07
CXM
SPRINKLR INC
$2.42B$754.96M$98.01M$59.23M$0.2216.76%N/AN/AN/A2024-09-04
BMBL
BUMBLE INC
$1.66B$1.08B$131.33M$22.02M$0.1714.98%N/AN/AN/A2024-08-06
OTEX
OPEN TEXT CORP
$8.47B$5.90B$1.61B$168.13M$0.6251.37%15.45%-44.14%-9.65%2024-08-01
ZI
ZOOMINFO TECHNOLOGIES INC
$4.30B$1.25B$475.20M$77.90M$0.207.94%N/A-20.00%N/A2024-07-29
WFCF
WHERE FOOD COMES FROM INC
$59.07M$25.45M$3.74M$2.21M$0.406.24%7.01%42.86%N/A2024-08-08
LSPD
LIGHTSPEED COMMERCE INC
$2.16B$909.27M-$93.39M-$163.96M-$1.0724.47%63.66%N/AN/A2024-08-01
IDN
INTELLICHECK INC
$70.28M$19.33M-$1.12M-$1.11M-$0.0514.90%32.97%N/AN/A2024-08-08
GRAB
GRAB HOLDINGS LTD
$14.03B$2.49B-$193.00M-$295.00M-$0.0743.82%N/AN/AN/A
NXTT
NEXT TECHNOLOGY HOLDING INC
$13.78M$2.63M$20.83M$20.93M-$27.9081.42%N/AN/AN/A
VERX
VERTEX INC
$5.77B$596.42M$72.00M$7.72M$0.0517.08%N/AN/AN/A2024-08-07
MTC
MMTEC INC
$78.06M$869.94k$50.15M$48.96M$0.47-18.95%100.45%N/AN/A
PERF
PERFECT CORP
$231.20M$55.65MN/A$5.35M$0.0517.39%N/AN/AN/A
OLO
OLO INC
$738.38M$242.56M-$32.66M-$46.94M-$0.2924.46%N/AN/AN/A2024-07-30
CVLT
COMMVAULT SYSTEMS INC
$5.36B$839.25M$90.56M$168.91M$3.856.97%3.37%N/A117.01%2024-07-30
MANH
MANHATTAN ASSOCIATES INC
$14.85B$962.26M$230.83M$191.58M$3.1018.92%10.77%42.20%14.58%2024-07-23
HKIT
HITEK GLOBAL INC
$22.45M$4.56M$1.96M$1.05M$0.08-29.01%-7.98%-38.46%-16.74%
AI
C3AI INC
$3.82B$310.58M-$265.44M-$279.70M-$2.3416.41%27.66%N/AN/A2024-09-04
PLUS
EPLUS INC
$2.13B$2.23B$190.80M$115.78M$4.357.62%10.14%-3.12%13.11%2024-08-05
MTLS
MATERIALISE NV
$305.97M$288.41M$34.64M$7.61M$0.139.50%6.42%490.91%17.93%2024-07-24
DAY
DAYFORCE INC
$8.51B$1.57B$285.40M$52.00M$0.3418.97%15.82%N/AN/A2024-07-31
VMEO
VIMEO INC
$616.13M$418.54M$40.06M$28.80M$0.18-2.27%N/AN/AN/A2024-07-30
PET
WAG! GROUP CO
$62.15M$86.51M-$3.73M-$13.77M-$0.3631.43%N/AN/AN/A2024-08-06
TEAM
ATLASSIAN CORP
$46.84B$4.17B$29.10M-$162.55M-$0.6324.16%30.00%N/AN/A2024-08-01
RSKD
RISKIFIED LTD
$1.11B$305.11M-$60.14M-$52.71M-$0.3012.46%N/AN/AN/A2024-08-13
RMNI
RIMINI STREET INC
$277.56M$432.73M$47.40M$21.74M$0.243.71%10.77%N/AN/A2024-07-31
ANSS
ANSYS INC
$28.59B$2.23B$720.73M$434.57M$5.003.59%10.90%-21.51%-0.04%2024-07-31
SYT
SYLA TECHNOLOGIES CO LTD
$52.44M$144.68M$10.64M$4.33M$0.17-2.99%N/A51.61%N/A
LAW
CS DISCO INC
$331.07M$140.53M-$25.54M-$32.37M-$0.534.99%N/AN/AN/A2024-08-07
NXPL
NEXTPLAT CORP
$21.16M$52.37M-$570.12k-$4.07M-$0.24375.76%57.77%N/AN/A
WDAY
WORKDAY INC
$61.60B$7.56B$855.78M$1.49B$5.6717.00%20.09%N/AN/A2024-08-22
MKTW
MARKETWISE INC
$375.33M$430.94M$4.87M$1.97M$0.06-14.13%N/A-89.09%N/A
ROP
ROPER TECHNOLOGIES INC
$59.85B$6.39B$2.10B$1.48B$13.8814.87%3.90%-47.60%5.42%2024-07-24
RUM
RUMBLE INC
$2.78B$81.08M-$125.97M-$131.04M-$0.6553.11%N/AN/AN/A
NCNO
NCINO INC
$3.61B$490.96M$16.75M-$34.08M-$0.3114.77%N/AN/AN/A2024-08-27
VERB
VERB TECHNOLOGY COMPANY INC
$11.92M$68.00k-$17.05M-$20.00M-$2.40580.00%15.56%N/AN/A2024-08-12
NRDY
NERDY INC
$298.69M$197.95M-$25.10M-$28.69M-$0.2720.03%N/AN/AN/A
TYL
TYLER TECHNOLOGIES INC
$22.12B$1.99B$415.93M$189.21M$4.506.77%15.69%20.97%4.80%2024-07-24
CCRD
CORECARD CORP
$95.73M$54.32M$8.99M$2.57M$0.30-9.82%18.75%-60.53%-18.61%2024-07-31
YOU
CLEAR SECURE INC
$2.88B$660.27M$61.20M$52.14M$0.5637.77%N/AN/AN/A
BILL
BILL HOLDINGS INC
$5.76B$1.24B$61.86M-$52.34M-$0.4929.06%N/AN/AN/A2024-08-15
VTEX
VTEX
$1.27B$211.88M$47.22M-$8.22M-$0.0428.23%N/AN/AN/A2024-08-06
ZETA
ZETA GLOBAL HOLDINGS CORP
$4.19B$766.07M-$104.68M-$170.09M-$1.0523.10%N/AN/AN/A2024-07-31
AZPN
ASPEN TECHNOLOGY INC
$12.48B$1.11B$452.71M-$27.15M-$0.4414.83%N/AN/AN/A2024-08-02
ML
MONEYLION INC
$851.17M$450.77M$22.43M-$26.29M-$2.7723.60%N/AN/AN/A2024-08-06
SWVL
SWVL HOLDINGS CORP
$47.20M$22.85M$3.90M$3.06M$0.45-48.18%13.09%N/AN/A
TRAK
REPOSITRAK INC
$317.64M$20.07M$7.37M$5.18M$0.296.37%-2.54%16.00%5.68%
MTTR
MATTERPORT INC
$1.41B$159.63M-$160.44M-$181.36M-$0.609.63%N/AN/AN/A2024-08-06
FRSH
FRESHWORKS INC
$4.01B$623.88M-$84.65M-$118.10M-$0.4119.73%N/AN/AN/A2024-07-30
EB
EVENTBRITE INC
$450.61M$334.47M$13.56M-$18.28M-$0.1818.20%2.31%N/AN/A2024-08-01
PHUN
PHUNWARE INC
$48.68M$1.01M-$49.48M-$50.81M-$20.01-7.45%-49.69%N/AN/A2024-08-08
LIF
LIFE360 INC
N/A$314.60M-$11.89M-$23.88M-$0.3528.16%N/AN/AN/A2024-08-08
FROG
JFROG LTD
$4.01B$370.38M-$21.05M-$49.24M-$0.4625.06%N/AN/AN/A2024-08-07

App Stocks FAQ

What are the best app stocks to buy right now in Jul 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 71, which is 43 points higher than the app industry average of 28. It passed 24 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 10.79% over the past year, underperforming other app stocks by -7 percentage points.

Full Truck Alliance Co has an average 1 year price target of $9.00, an upside of 10.97% from Full Truck Alliance Co's current stock price of $8.11.

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. Immersion (NASDAQ:IMMR)


Immersion (NASDAQ:IMMR) is the second best app stock with a Zen Score of 60, which is 32 points higher than the app industry average of 28. It passed 23 out of 38 due diligence checks and has strong fundamentals. Immersion has seen its stock return 61.85% over the past year, overperforming other app stocks by 44 percentage points.

Immersion has an average 1 year price target of $11.00, a downside of -4.68% from Immersion's current stock price of $11.54.

Immersion stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Immersion, 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. Surgepays (NASDAQ:SURG)


Surgepays (NASDAQ:SURG) is the third best app stock with a Zen Score of 59, which is 31 points higher than the app industry average of 28. It passed 19 out of 33 due diligence checks and has strong fundamentals. Surgepays has seen its stock lose -45.54% over the past year, underperforming other app stocks by -64 percentage points.

Surgepays has an average 1 year price target of $9.50, an upside of 211.48% from Surgepays's current stock price of $3.05.

Surgepays stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Surgepays, 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 12.57%, which is 10 percentage points higher than the app industry average of 2.67%. 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 4.59%, which is 2 percentage points higher than the app industry average of 2.67%. 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 -322.7% indicates that its high 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 4.59%, which is 2 percentage points higher than the app industry average of 2.67%. 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 129.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are app stocks up?

App stocks were up 2.26% in the last day, and up 3.14% over the last week. Rumble was the among the top gainers in the software - application industry, gaining 20.71% yesterday.

Rumble shares are trading higher following the attempted assassination of Donald Trump, which has lifted Trump-adjacent stocks on Monday.

What are the most undervalued app stocks?

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

1. Mind Cti (NASDAQ:MNDO)


Mind Cti (NASDAQ:MNDO) is the most undervalued app stock based on WallStreetZen's Valuation Score. Mind Cti has a valuation score of 71, which is 55 points higher than the app industry average of 16. It passed 5 out of 7 valuation due diligence checks.

Mind Cti's stock has dropped -2.55% in the past year. It has underperformed other stocks in the app industry by -21 percentage points.

2. Amtd Digital (NYSE:HKD)


Amtd Digital (NYSE:HKD) is the second most undervalued app stock based on WallStreetZen's Valuation Score. Amtd Digital has a valuation score of 71, which is 55 points higher than the app industry average of 16. It passed 5 out of 7 valuation due diligence checks.

Amtd Digital's stock has dropped -46.1% in the past year. It has underperformed other stocks in the app industry by -64 percentage points.

3. Where Food Comes From (NASDAQ:WFCF)


Where Food Comes From (NASDAQ:WFCF) is the third most undervalued app stock based on WallStreetZen's Valuation Score. Where Food Comes From has a valuation score of 71, which is 55 points higher than the app industry average of 16. It passed 5 out of 7 valuation due diligence checks.

Where Food Comes From's stock has dropped -22.61% in the past year. It has underperformed other stocks in the app industry by -41 percentage points.

Are app stocks a good buy now?

41.01% of app stocks rated by analysts are a strong buy right now. On average, analysts expect app stocks to rise by 15.08% 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 27.5x.
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.