Sectors & Industries TechnologySoftware - 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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	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	$8.60B	N/A	0.00%	N/A	N/A	N/A	N/A
AGYS	AGILYSYS INC	$2.29B	N/A	0.00%	N/A	N/A	N/A	N/A
RDVT	RED VIOLET INC	$237.39M	N/A	0.00%	N/A	N/A	N/A	N/A
DV	DOUBLEVERIFY HOLDINGS INC	$5.22B	N/A	0.00%	N/A	N/A	N/A	N/A
YALA	YALLA GROUP LTD	$738.81M	N/A	0.00%	N/A	N/A	N/A	N/A
HKD	AMTD DIGITAL INC	$597.31M	N/A	0.00%	N/A	N/A	N/A	N/A
SSNC	SS&C TECHNOLOGIES HOLDINGS INC	$15.07B	1.51%	27.80%	$0.2400	$0.92	30%	0
ZI	ZOOMINFO TECHNOLOGIES INC	$6.01B	N/A	0.00%	N/A	N/A	N/A	N/A
KARO	KAROOOOO LTD	$846.98M	N/A	75.10%	$0.6000	N/A	N/A	0
AMSWA	AMERICAN SOFTWARE INC	$349.14M	4.19%	122.20%	$0.1100	$0.44	71%	0	2024-05-02	2024-05-17
ADSK	AUTODESK INC	$46.62B	N/A	0.00%	N/A	N/A	N/A	N/A
ZM	ZOOM VIDEO COMMUNICATIONS INC	$18.95B	N/A	0.00%	N/A	N/A	N/A	N/A
SPNS	SAPIENS INTERNATIONAL CORP N V	$1.71B	1.76%	45.10%	$0.2800	$0.54	35%	3
KSPI	JOINT STOCK CO KASPIKZ	$23.29B	N/A	0.00%	N/A	N/A	N/A	N/A
TTD	TRADE DESK INC	$39.64B	N/A	0.00%	N/A	N/A	N/A	N/A
DDOG	DATADOG INC	$41.96B	N/A	0.00%	N/A	N/A	N/A	N/A
NOW	SERVICENOW INC	$151.89B	N/A	0.00%	N/A	N/A	N/A	N/A
UBER	UBER TECHNOLOGIES INC	$147.02B	N/A	0.00%	N/A	N/A	N/A	N/A
ANSS	ANSYS INC	$28.37B	N/A	0.00%	N/A	N/A	N/A	N/A
DT	DYNATRACE INC	$13.69B	N/A	0.00%	N/A	N/A	N/A	N/A
APP	APPLOVIN CORP	$24.35B	N/A	0.00%	N/A	N/A	N/A	N/A
PUBM	PUBMATIC INC	$1.14B	N/A	0.00%	N/A	N/A	N/A	N/A
SHOP	SHOPIFY INC	$95.22B	N/A	0.00%	N/A	N/A	N/A	N/A
DSGX	DESCARTES SYSTEMS GROUP INC	$8.00B	N/A	0.00%	N/A	N/A	N/A	N/A
CDNS	CADENCE DESIGN SYSTEMS INC	$76.71B	N/A	0.00%	N/A	N/A	N/A	N/A
SRAD	SPORTRADAR GROUP AG	$2.90B	N/A	0.00%	N/A	N/A	N/A	N/A
WDAY	WORKDAY INC	$67.80B	N/A	0.00%	N/A	N/A	N/A	N/A
IMMR	IMMERSION CORP	$227.29M	2.09%	12.90%	$0.0450	$0.15	41%	1
MNDO	MIND CTI LTD	$37.83M	12.77%	92.30%	$0.2400	$0.24	96%	1
INTU	INTUIT INC	$176.63B	0.55%	34.00%	$0.9000	$3.48	9%	0
EGAN	EGAIN CORP	$194.39M	N/A	0.00%	N/A	N/A	N/A	N/A
NICE	NICE LTD	$14.36B	N/A	0.00%	$0.1600	N/A	N/A	0
TSRI	TSR INC	$16.34M	N/A	0.00%	N/A	N/A	N/A	N/A
ALKT	ALKAMI TECHNOLOGY INC	$2.38B	N/A	0.00%	N/A	N/A	N/A	N/A
ROP	ROPER TECHNOLOGIES INC	$57.75B	0.53%	21.60%	$0.7500	$2.87	8%	0
PERF	PERFECT CORP	$237.31M	N/A	0.00%	N/A	N/A	N/A	N/A
DCBO	DOCEBO INC	$1.36B	N/A	0.00%	N/A	N/A	N/A	N/A
SURG	SURGEPAYS INC	$67.81M	N/A	0.00%	N/A	N/A	N/A	N/A
SAP	SAP SE	$219.45B	1.16%	38.20%	$2.1864	$2.19	22%	4	2024-05-16	2024-05-28
PEGA	PEGASYSTEMS INC	$4.98B	0.20%	14.60%	$0.0300	$0.12	2%	0
APPF	APPFOLIO INC	$7.87B	N/A	0.00%	N/A	N/A	N/A	N/A
OTEX	OPEN TEXT CORP	$9.82B	2.75%	209.80%	$0.2500	$0.99	51%	0
FRSH	FRESHWORKS INC	$5.47B	N/A	0.00%	N/A	N/A	N/A	N/A
ALRM	ALARMCOM HOLDINGS INC	$3.30B	N/A	0.00%	N/A	N/A	N/A	N/A
LSPD	LIGHTSPEED COMMERCE INC	$2.07B	N/A	0.00%	N/A	N/A	N/A	N/A
PCTY	PAYLOCITY HOLDING CORP	$8.95B	N/A	0.00%	N/A	N/A	N/A	N/A
VTEX	VTEX	$1.34B	N/A	0.00%	N/A	N/A	N/A	N/A
PAYC	PAYCOM SOFTWARE INC	$10.82B	0.80%	19.00%	$0.3750	$1.50	14%	0
PLUS	EPLUS INC	$2.16B	N/A	0.00%	N/A	N/A	N/A	N/A
MANH	MANHATTAN ASSOCIATES INC	$14.20B	N/A	0.00%	N/A	N/A	N/A	N/A
FROG	JFROG LTD	$4.16B	N/A	0.00%	N/A	N/A	N/A	N/A
NCNO	NCINO INC	$3.44B	N/A	0.00%	N/A	N/A	N/A	N/A
TRAK	REPOSITRAK INC	$282.25M	0.41%	21.00%	$0.0165	$0.06	6%	0		2024-05-10
MKTW	MARKETWISE INC	$566.79M	9.88%	300.00%	$0.0100	$0.17	93%	1		2024-04-25
YOU	CLEAR SECURE INC	$2.69B	0.39%	87.10%	$0.0700	$0.07	5%	0
SYT	SYLA TECHNOLOGIES CO LTD	$55.77M	N/A	3.40%	N/A	N/A	N/A	N/A
CXM	SPRINKLR INC	$3.23B	N/A	0.00%	N/A	N/A	N/A	N/A
PRGS	PROGRESS SOFTWARE CORP	$2.22B	1.36%	44.00%	$0.1750	$0.70	26%	0	2024-06-03	2024-06-17
CCRD	CORECARD CORP	$103.28M	N/A	0.00%	N/A	N/A	N/A	N/A
IDN	INTELLICHECK INC	$61.32M	N/A	0.00%	N/A	N/A	N/A	N/A
HKIT	HITEK GLOBAL INC	$19.14M	N/A	0.00%	N/A	N/A	N/A	N/A
MNDY	MONDAYCOM LTD	$9.04B	N/A	0.00%	N/A	N/A	N/A	N/A
MTLS	MATERIALISE NV	$305.38M	N/A	0.00%	N/A	N/A	N/A	N/A
TROO	TROOPS INC	$110.74M	N/A	0.00%	N/A	N/A	N/A	N/A
DUOL	DUOLINGO INC	$9.46B	N/A	0.00%	N/A	N/A	N/A	N/A
NXPL	NEXTPLAT CORP	$22.10M	N/A	0.00%	N/A	N/A	N/A	N/A
FRGE	FORGE GLOBAL HOLDINGS INC	$353.61M	N/A	0.00%	N/A	N/A	N/A	N/A
WFCF	WHERE FOOD COMES FROM INC	$65.30M	N/A	0.00%	$0.1500	N/A	N/A	0
RUM	RUMBLE INC	$2.48B	N/A	0.00%	N/A	N/A	N/A	N/A
SEZL	SEZZLE INC	$314.61M	N/A	0.00%	N/A	N/A	N/A	N/A
PET	WAG! GROUP CO	$87.23M	N/A	0.00%	N/A	N/A	N/A	N/A
VMEO	VIMEO INC	$589.83M	N/A	0.00%	N/A	N/A	N/A	N/A
LAW	CS DISCO INC	$472.00M	N/A	0.00%	N/A	N/A	N/A	N/A
MTTR	MATTERPORT INC	$1.43B	N/A	0.00%	N/A	N/A	N/A	N/A
SEMR	SEMRUSH HOLDINGS INC	$1.77B	N/A	0.00%	N/A	N/A	N/A	N/A
RSKD	RISKIFIED LTD	$907.05M	N/A	0.00%	N/A	N/A	N/A	N/A
GRAB	GRAB HOLDINGS LTD	$13.81B	N/A	0.00%	N/A	N/A	N/A	N/A
BRZE	BRAZE INC	$4.11B	N/A	0.00%	N/A	N/A	N/A	N/A
ENFN	ENFUSION INC	$1.20B	N/A	0.00%	N/A	N/A	N/A	N/A
SMRT	SMARTRENT INC	$472.98M	N/A	0.00%	N/A	N/A	N/A	N/A
AI	C3AI INC	$2.73B	N/A	0.00%	N/A	N/A	N/A	N/A
FSLY	FASTLY INC	$1.73B	N/A	0.00%	N/A	N/A	N/A	N/A
OLO	OLO INC	$796.53M	N/A	0.00%	N/A	N/A	N/A	N/A
TEAM	ATLASSIAN CORP	$51.74B	N/A	0.00%	N/A	N/A	N/A	N/A
DSP	VIANT TECHNOLOGY INC	$567.97M	N/A	0.00%	N/A	N/A	N/A	N/A
RDDT	REDDIT INC	N/A	N/A	0.00%	N/A	N/A	N/A	N/A
ULY	URGENTLY INC	$22.00M	N/A	0.00%	N/A	N/A	N/A	N/A
INLX	INTELLINETICS INC	$31.59M	N/A	0.00%	N/A	N/A	N/A	N/A
CALX	CALIX INC	$1.84B	N/A	0.00%	N/A	N/A	N/A	N/A
CRM	SALESFORCE INC	$268.38B	0.14%	0.00%	$0.4000	$0.40	1%	0
PALT	PALTALK INC	$33.75M	N/A	0.00%	N/A	N/A	N/A	N/A
RMNI	RIMINI STREET INC	$251.68M	N/A	0.00%	N/A	N/A	N/A	N/A
ASUR	ASURE SOFTWARE INC	$179.48M	N/A	0.00%	N/A	N/A	N/A	N/A
PDFS	PDF SOLUTIONS INC	$1.16B	N/A	0.00%	N/A	N/A	N/A	N/A
PTC	PTC INC	$21.57B	N/A	0.00%	N/A	N/A	N/A	N/A
PCOR	PROCORE TECHNOLOGIES INC	$10.39B	N/A	0.00%	N/A	N/A	N/A	N/A
KVYO	KLAVIYO INC	$6.11B	N/A	0.00%	N/A	N/A	N/A	N/A
DJCO	DAILY JOURNAL CORP	$491.46M	N/A	0.00%	N/A	N/A	N/A	N/A
FICO	FAIR ISAAC CORP	$29.53B	N/A	0.00%	$0.0200	N/A	N/A	0
GTLB	GITLAB INC	$8.88B	N/A	0.00%	N/A	N/A	N/A	N/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 32.9% over the past year, overperforming other app stocks by 8 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -26.47% from Full Truck Alliance Co's current stock price of $8.16.

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 return 0.57% over the past year, underperforming other app stocks by -24 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 19.23% from Agilysys's current stock price of $83.88.

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 3.34% 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 47.06% from Red Violet's current stock price of $17.00.

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 12.77%, which is 10 percentage points higher than the app industry average of 2.36%. 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 9.88%, which is 8 percentage points higher than the app industry average of 2.36%.

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 4.51%, which is 2 percentage points higher than the app industry average of 2.36%. 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 2.1% in the last day, and up 1.93% over the last week. Dave was the among the top gainers in the software - application industry, gaining 15.6% yesterday.

Dave shares are trading higher after Barrington Research upgraded the stock from Market Perform to Outperform and announced a $45 price target.

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 67 points higher than the app industry average of 19. It passed 6 out of 7 valuation due diligence checks.

SS&C Technologies Holdings's stock has gained 7.62% in the past year. It has underperformed other stocks in the app industry by -17 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 52 points higher than the app industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Mind Cti's stock has dropped -2.08% in the past year. It has underperformed other stocks in the app industry by -27 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 52 points higher than the app industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Agilysys's stock has gained 0.57% in the past year. It has underperformed other stocks in the app industry by -24 percentage points.

Are app stocks a good buy now?

42.77% of app stocks rated by analysts are a buy right now. On average, analysts expect app stocks to rise by 16.34% 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 104.62x.

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.