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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
YMM
FULL TRUCK ALLIANCE CO LTD
$8.17BN/A0.00%N/AN/AN/AN/A
AGYS
AGILYSYS INC
$2.27BN/A0.00%N/AN/AN/AN/A
RDVT
RED VIOLET INC
$253.31MN/A0.00%N/AN/AN/AN/A
DV
DOUBLEVERIFY HOLDINGS INC
$5.27BN/A0.00%N/AN/AN/AN/A
HKD
AMTD DIGITAL INC
$599.22MN/A0.00%N/AN/AN/AN/A
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$14.80B1.54%27.80%$0.2400$0.9230%0
YALA
YALLA GROUP LTD
$758.37MN/A0.00%N/AN/AN/AN/A
SPNS
SAPIENS INTERNATIONAL CORP N V
$1.72B1.75%45.10%$0.2800$0.5435%32024-04-18
KARO
KAROOOOO LTD
$835.68MN/A75.10%$0.6000N/AN/A0
ZI
ZOOMINFO TECHNOLOGIES INC
$5.82BN/A0.00%N/AN/AN/AN/A
ADSK
AUTODESK INC
$49.12BN/A0.00%N/AN/AN/AN/A
AMSWA
AMERICAN SOFTWARE INC
$357.45M4.09%122.20%$0.1100$0.4468%02024-05-022024-05-17
ZM
ZOOM VIDEO COMMUNICATIONS INC
$18.53BN/A0.00%N/AN/AN/AN/A
KSPI
JOINT STOCK CO KASPIKZ
$21.06BN/A0.00%N/AN/AN/AN/A
PUBM
PUBMATIC INC
$1.08BN/A0.00%N/AN/AN/AN/A
TTD
TRADE DESK INC
$39.60BN/A0.00%N/AN/AN/AN/A
DDOG
DATADOG INC
$41.76BN/A0.00%N/AN/AN/AN/A
NOW
SERVICENOW INC
$150.84BN/A0.00%N/AN/AN/AN/A
ANSS
ANSYS INC
$28.56BN/A0.00%N/AN/AN/AN/A
UBER
UBER TECHNOLOGIES INC
$152.41BN/A0.00%N/AN/AN/AN/A
DT
DYNATRACE INC
$13.30BN/A0.00%N/AN/AN/AN/A
SRAD
SPORTRADAR GROUP AG
$3.03BN/A0.00%N/AN/AN/AN/A
CDNS
CADENCE DESIGN SYSTEMS INC
$82.10BN/A0.00%N/AN/AN/AN/A
DSGX
DESCARTES SYSTEMS GROUP INC
$7.43BN/A0.00%N/AN/AN/AN/A
WDAY
WORKDAY INC
$68.54BN/A0.00%N/AN/AN/AN/A
APP
APPLOVIN CORP
$24.43BN/A0.00%N/AN/AN/AN/A
IMMR
IMMERSION CORP
$226.34M2.10%12.90%$0.0450$0.1541%12024-04-19
MNDO
MIND CTI LTD
$38.04M12.70%92.30%$0.2400$0.2496%1
INTU
INTUIT INC
$171.38B0.57%34.00%$0.9000$3.489%02024-04-18
EGAN
EGAIN CORP
$191.58MN/A0.00%N/AN/AN/AN/A
TSRI
TSR INC
$16.93MN/A0.00%N/AN/AN/AN/A
NICE
NICE LTD
$14.56BN/A0.00%$0.1600N/AN/A0
SHOP
SHOPIFY INC
$88.22BN/A0.00%N/AN/AN/AN/A
ALKT
ALKAMI TECHNOLOGY INC
$2.28BN/A0.00%N/AN/AN/AN/A
PERF
PERFECT CORP
$259.71MN/A0.00%N/AN/AN/AN/A
APPF
APPFOLIO INC
$7.74BN/A0.00%N/AN/AN/AN/A
SAP
SAP SE
$210.37B1.21%38.20%$2.1864$2.1923%42024-05-162024-05-28
ROP
ROPER TECHNOLOGIES INC
$56.54B0.54%21.60%$0.7500$2.879%02024-04-22
DCBO
DOCEBO INC
$1.31BN/A0.00%N/AN/AN/AN/A
SURG
SURGEPAYS INC
$72.15MN/A0.00%N/AN/AN/AN/A
OTEX
OPEN TEXT CORP
$9.45B2.86%209.80%$0.2500$0.9952%0
PEGA
PEGASYSTEMS INC
$4.91B0.21%14.60%$0.0300$0.122%0
LSPD
LIGHTSPEED COMMERCE INC
$1.98BN/A0.00%N/AN/AN/AN/A
ALRM
ALARMCOM HOLDINGS INC
$3.28BN/A0.00%N/AN/AN/AN/A
PCTY
PAYLOCITY HOLDING CORP
$9.24BN/A0.00%N/AN/AN/AN/A
FRSH
FRESHWORKS INC
$5.09BN/A0.00%N/AN/AN/AN/A
PAYC
PAYCOM SOFTWARE INC
$11.09B0.78%19.00%$0.3750$1.5014%0
PLUS
EPLUS INC
$2.07BN/A0.00%N/AN/AN/AN/A
MANH
MANHATTAN ASSOCIATES INC
$14.19BN/A0.00%N/AN/AN/AN/A
VTEX
VTEX
$1.38BN/A0.00%N/AN/AN/AN/A
FROG
JFROG LTD
$3.98BN/A0.00%N/AN/AN/AN/A
MKTW
MARKETWISE INC
$523.95M10.69%300.00%$0.0100$0.1794%12024-04-25
TRAK
REPOSITRAK INC
$284.43M0.40%21.00%$0.0165$0.066%02024-05-10
YOU
CLEAR SECURE INC
$2.80B0.38%87.10%$0.0700$0.075%0
NCNO
NCINO INC
$3.55BN/A0.00%N/AN/AN/AN/A
CXM
SPRINKLR INC
$3.10BN/A0.00%N/AN/AN/AN/A
PRGS
PROGRESS SOFTWARE CORP
$2.16B1.40%44.00%$0.1750$0.7027%02024-06-032024-06-17
HKIT
HITEK GLOBAL INC
$16.12MN/A0.00%N/AN/AN/AN/A
CCRD
CORECARD CORP
$88.10MN/A0.00%N/AN/AN/AN/A
TROO
TROOPS INC
$123.95MN/A0.00%N/AN/AN/AN/A
IDN
INTELLICHECK INC
$67.14MN/A0.00%N/AN/AN/AN/A
MTLS
MATERIALISE NV
$293.56MN/A0.00%N/AN/AN/AN/A
DUOL
DUOLINGO INC
$8.38BN/A0.00%N/AN/AN/AN/A
MNDY
MONDAYCOM LTD
$9.01BN/A0.00%N/AN/AN/AN/A
NXPL
NEXTPLAT CORP
$27.71MN/A0.00%N/AN/AN/AN/A
FRGE
FORGE GLOBAL HOLDINGS INC
$344.64MN/A0.00%N/AN/AN/AN/A
WFCF
WHERE FOOD COMES FROM INC
$63.10MN/A0.00%$0.1500N/AN/A0
PET
WAG! GROUP CO
$84.00MN/A0.00%N/AN/AN/AN/A
VMEO
VIMEO INC
$591.51MN/A0.00%N/AN/AN/AN/A
CALX
CALIX INC
$1.92BN/A0.00%N/AN/AN/AN/A
SYT
SYLA TECHNOLOGIES CO LTD
$69.00MN/A3.40%N/AN/AN/AN/A
SEZL
SEZZLE INC
$367.34MN/A0.00%N/AN/AN/AN/A
LAW
CS DISCO INC
$472.00MN/A0.00%N/AN/AN/AN/A
RUM
RUMBLE INC
$2.35BN/A0.00%N/AN/AN/AN/A
MTTR
MATTERPORT INC
$575.18MN/A0.00%N/AN/AN/AN/A
GRAB
GRAB HOLDINGS LTD
$13.02BN/A0.00%N/AN/AN/AN/A
BRZE
BRAZE INC
$4.08BN/A0.00%N/AN/AN/AN/A
ENFN
ENFUSION INC
$1.17BN/A0.00%N/AN/AN/AN/A
SMRT
SMARTRENT INC
$503.56MN/A0.00%N/AN/AN/AN/A
RSKD
RISKIFIED LTD
$882.06MN/A0.00%N/AN/AN/AN/A
SEMR
SEMRUSH HOLDINGS INC
$1.74BN/A0.00%N/AN/AN/AN/A
KLTR
KALTURA INC
$171.91MN/A0.00%N/AN/AN/AN/A
FSLY
FASTLY INC
$1.76BN/A0.00%N/AN/AN/AN/A
AI
C3AI INC
$2.54BN/A0.00%N/AN/AN/AN/A
OLO
OLO INC
$788.44MN/A0.00%N/AN/AN/AN/A
PALT
PALTALK INC
$33.48MN/A0.00%N/AN/AN/AN/A
TEAM
ATLASSIAN CORP
$49.76BN/A0.00%N/AN/AN/AN/A
INLX
INTELLINETICS INC
$28.01MN/A0.00%N/AN/AN/AN/A
ULY
URGENTLY INC
$22.00MN/A0.00%N/AN/AN/AN/A
DSP
VIANT TECHNOLOGY INC
$554.78MN/A0.00%N/AN/AN/AN/A
RMNI
RIMINI STREET INC
$258.87MN/A0.00%N/AN/AN/AN/A
DJCO
DAILY JOURNAL CORP
$465.43MN/A0.00%N/AN/AN/AN/A
PTC
PTC INC
$21.26BN/A0.00%N/AN/AN/AN/A
FTFT
FUTURE FINTECH GROUP INC
$12.45MN/A0.00%N/AN/AN/AN/A
ASUR
ASURE SOFTWARE INC
$183.31MN/A0.00%N/AN/AN/AN/A
PCOR
PROCORE TECHNOLOGIES INC
$10.55BN/A0.00%N/AN/AN/AN/A
PDFS
PDF SOLUTIONS INC
$1.22BN/A0.00%N/AN/AN/AN/A
KVYO
KLAVIYO INC
$6.13BN/A0.00%N/AN/AN/AN/A
CRM
SALESFORCE INC
$264.71B0.15%0.00%$0.4000$0.401%0
GTLB
GITLAB INC
$8.53BN/A0.00%N/AN/AN/AN/A

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 8.09% over the past year, underperforming other app stocks by -12 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -22.58% from Full Truck Alliance Co's current stock price of $7.75.

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 -3.19% over the past year, underperforming other app stocks by -23 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 20.77% from Agilysys's current stock price of $82.80.

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 10.74% over the past year, underperforming other app stocks by -9 percentage points.

Red Violet has an average 1 year price target of $25.00, an upside of 37.82% from Red Violet's current stock price of $18.14.

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 2.4%. 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 10.69%, which is 8 percentage points higher than the app industry average of 2.4%.

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 4.56%, which is 2 percentage points higher than the app industry average of 2.4%. 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 -3.44% in the last day, and down -6.34% over the last week. Microstrategy was the among the top losers in the software - application industry, dropping -9.71% yesterday.

MicroStrategy shares are trading lower. Crypto-related stocks have been volatile with Bitcoin recently.

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 3.72% in the past year. It has underperformed other stocks in the app industry by -16 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 -24 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 -3.19% in the past year. It has underperformed other stocks in the app industry by -23 percentage points.

Are app stocks a good buy now?

42.11% of app stocks rated by analysts are a strong buy right now. On average, analysts expect app stocks to rise by 17.71% 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 99.06x.
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.