Sectors & Industries TechnologyInformation Technology Services
Best Information Technology Service Stocks to Buy Now (2024)
Top information technology service stocks in 2024 ranked by overall Zen Score. See the best information technology service stocks to buy now, according to analyst forecasts for the information technology services industry.

Industry: Information Technology Se...

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
EPAM	EPAM SYSTEMS INC	$10.97B	$189.14	$281.88	49.03%	Buy	16	6.03%	53.48%	N/A	N/A
GDYN	GRID DYNAMICS HOLDINGS INC	$801.94M	$10.48	$16.00	52.67%	Strong Buy	5	12.69%	545.50%	N/A	N/A
CTSH	COGNIZANT TECHNOLOGY SOLUTIONS CORP	$34.97B	$70.33	$77.75	10.55%	Hold	12	2.77%	27.98%	N/A	N/A
GMM	GLOBAL MOFY METAVERSE LTD	$26.55M	$0.93	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
G	GENPACT LTD	$6.20B	$34.43	$38.14	10.78%	Hold	7	4.45%	-17.03%	N/A	N/A
EXLS	EXLSERVICE HOLDINGS INC	$5.01B	$30.82	$38.50	24.92%	Strong Buy	4	10.18%	11.91%	N/A	N/A
FI	FISERV INC	$89.43B	$152.84	$171.59	12.27%	Strong Buy	17	4.00%	45.77%	N/A	N/A
CDW	CDW CORP	$30.12B	$224.14	$253.83	13.25%	Buy	6	4.40%	30.78%	N/A	N/A
TASK	TASKUS INC	$1.34B	$15.25	$14.00	-8.20%	Hold	4	5.79%	79.74%	N/A	N/A
IBM	INTERNATIONAL BUSINESS MACHINES CORP	$155.22B	$168.97	$178.31	5.53%	Hold	13	3.27%	7.77%	43.77%	7.42%
GIB	CGI INC	$24.31B	$104.42	$165.00	58.02%	Buy	1	1.98%	N/A	N/A	N/A
INFY	INFOSYS LTD	$71.52B	$17.24	$18.82	9.16%	Hold	5	6.62%	23.58%	N/A	N/A
DTST	DATA STORAGE CORP	$42.80M	$6.14	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ASGN	ASGN INC	$4.65B	$101.25	$102.67	1.40%	Buy	3	1.32%	70.40%	N/A	N/A
GLOB	GLOBANT SA	$7.66B	$177.73	$255.62	43.82%	Strong Buy	13	18.68%	45.73%	N/A	N/A
IBEX	IBEX LTD	$260.97M	$15.16	$19.67	29.73%	Buy	3	2.87%	-30.31%	N/A	N/A
ACN	ACCENTURE PLC	$206.59B	$308.00	$387.13	25.69%	Buy	15	3.83%	15.55%	N/A	N/A
JKHY	JACK HENRY & ASSOCIATES INC	$12.35B	$169.38	$183.33	8.24%	Buy	6	4.15%	4.97%	N/A	N/A
HCKT	HACKETT GROUP INC	$597.57M	$21.64	$26.00	20.15%	Buy	1	-0.59%	N/A	N/A	N/A
SAIC	SCIENCE APPLICATIONS INTERNATIONAL CORP	$7.06B	$136.68	$132.80	-2.84%	Hold	5	1.81%	-8.23%	N/A	N/A
PRFT	PERFICIENT INC	$2.59B	$73.76	$70.67	-4.19%	Hold	6	6.83%	77.61%	N/A	N/A
CSPI	CSP INC	$145.33M	$14.90	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CTLP	CANTALOUPE INC	$498.02M	$6.84	$10.00	46.20%	Strong Buy	2	10.62%	N/A	N/A	N/A
WIT	WIPRO LTD	$29.83B	$5.44	$6.00	10.29%	Sell	1	3.73%	22.48%	N/A	N/A
BR	BROADRIDGE FINANCIAL SOLUTIONS INC	$24.11B	$204.03	$209.60	2.73%	Buy	5	4.26%	14.07%	N/A	N/A
WNS	WNS (HOLDINGS) LTD	$2.34B	$51.15	$64.50	26.10%	Strong Buy	4	6.43%	N/A	N/A	N/A
CACI	CACI INTERNATIONAL INC	$9.51B	$426.36	$423.89	-0.58%	Strong Buy	9	3.10%	13.37%	N/A	N/A
NABL	N-ABLE INC	$2.38B	$12.86	$16.75	30.25%	Buy	2	9.02%	N/A	N/A	N/A
FORTY	FORMULA SYSTEMS (1985) LTD	$1.26B	$82.20	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CNXC	CONCENTRIX CORP	$4.27B	$64.68	$84.50	30.64%	Buy	2	21.87%	N/A	N/A	N/A
PSN	PARSONS CORP	$11.23B	$76.55	$85.75	12.02%	Strong Buy	8	7.37%	274.66%	N/A	N/A
LDOS	LEIDOS HOLDINGS INC	$19.95B	$147.56	$153.00	3.69%	Strong Buy	9	3.22%	137.75%	N/A	N/A
INOD	INNODATA INC	$344.46M	$11.98	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
IT	GARTNER INC	$34.76B	$447.78	$486.33	8.61%	Buy	3	6.70%	5.48%	N/A	N/A
MGIC	MAGIC SOFTWARE ENTERPRISES LTD	$574.95M	$11.71	$14.00	19.56%	Strong Buy	1	3.18%	N/A	N/A	N/A
III	INFORMATION SERVICES GROUP INC	$153.30M	$3.15	$3.50	11.11%	Buy	1	2.36%	N/A	N/A	N/A
NYAX	NAYAX LTD	$878.83M	$26.37	$29.00	9.97%	Hold	1	32.78%	N/A	N/A	N/A
TWKS	THOUGHTWORKS HOLDING INC	$1.04B	$3.21	$4.73	47.35%	Hold	5	1.40%	N/A	N/A	N/A
GDS	GDS HOLDINGS LTD	$1.76B	$9.23	$12.38	34.07%	Buy	2	14.65%	N/A	N/A	N/A
CNDT	CONDUENT INC	$806.06M	$3.94	$9.00	128.43%	Buy	1	-7.15%	N/A	N/A	N/A
VNET	VNET GROUP INC	$510.60M	$2.02	N/A	N/A	N/A	N/A	10.88%	N/A	N/A	N/A
BBAI	BIGBEARAI HOLDINGS INC	$383.88M	$1.56	$3.83	145.71%	Buy	3	34.48%	N/A	N/A	N/A
CLPS	CLPS INC	$25.23M	$0.99	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NOTE	FISCALNOTE HOLDINGS INC	$200.22M	$1.49	$3.13	109.73%	Strong Buy	4	-6.45%	N/A	N/A	N/A
AUR	AURORA INNOVATION INC	$4.30B	$2.77	$3.67	32.38%	Hold	3	N/A	N/A	N/A	N/A
WYY	WIDEPOINT CORP	$24.58M	$2.64	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FIS	FIDELITY NATIONAL INFORMATION SERVICES INC	$43.14B	$77.56	$80.00	3.15%	Buy	16	-2.85%	N/A	N/A	N/A
VYX	NCR VOYIX CORP	$1.94B	$13.35	$18.60	39.33%	Buy	5	29.74%	N/A	N/A	N/A
DMRC	DIGIMARC CORP	$533.91M	$24.98	$28.00	12.09%	Hold	1	N/A	N/A	N/A	N/A
JFU	9F INC	$36.73M	$3.12	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CTM	CASTELLUM INC	$12.94M	$0.24	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TTEC	TTEC HOLDINGS INC	$365.71M	$7.69	$11.75	52.80%	Hold	4	-3.93%	N/A	N/A	N/A
KD	KYNDRYL HOLDINGS INC	$6.29B	$27.32	$29.33	7.37%	Strong Buy	3	-2.25%	N/A	N/A	N/A
SLNH	SOLUNA HOLDINGS INC	$10.20M	$2.60	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
WAVD	WAVEDANCER INC	$5.86M	$2.91	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DXC	DXC TECHNOLOGY CO	$3.64B	$19.88	$23.33	17.37%	Sell	3	-4.22%	N/A	N/A	N/A
BTCM	BIT MINING LTD	$26.67M	$2.40	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CLVT	CLARIVATE PLC	$4.13B	$6.18	$7.92	28.11%	Hold	6	0.85%	N/A	N/A	N/A
XRX	XEROX HOLDINGS CORP	$1.74B	$14.02	$17.00	21.26%	Strong Sell	1	-2.71%	N/A	N/A	N/A
NTRP	NEXTTRIP INC	$2.03M	$2.60	$3.00	15.21%	Hold	1	N/A	N/A	N/A	N/A
ARBB	ARB IOT GROUP LTD	$22.34M	$0.85	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
UIS	UNISYS CORP	$355.14M	$5.13	N/A	N/A	N/A	N/A	0.99%	N/A	N/A	N/A

Information Technology Service Stocks FAQ

What are the best information technology service stocks to buy right now in May 2024?

According to Zen Score, the 3 best information technology service stocks to buy right now are:

1. Epam Systems (NYSE:EPAM)

Epam Systems (NYSE:EPAM) is the top information technology service stock with a Zen Score of 66, which is 33 points higher than the information technology service industry average of 33. It passed 21 out of 33 due diligence checks and has strong fundamentals. Epam Systems has seen its stock lose -17.97% over the past year, underperforming other information technology service stocks by -38 percentage points.

Epam Systems has an average 1 year price target of $281.88, an upside of 49.03% from Epam Systems's current stock price of $189.14.

Epam Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Epam Systems, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Grid Dynamics Holdings (NASDAQ:GDYN)

Grid Dynamics Holdings (NASDAQ:GDYN) is the second best information technology service stock with a Zen Score of 63, which is 30 points higher than the information technology service industry average of 33. It passed 20 out of 33 due diligence checks and has strong fundamentals. Grid Dynamics Holdings has seen its stock return 29.54% over the past year, overperforming other information technology service stocks by 10 percentage points.

Grid Dynamics Holdings has an average 1 year price target of $16.00, an upside of 52.67% from Grid Dynamics Holdings's current stock price of $10.48.

Grid Dynamics Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Grid Dynamics Holdings, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Cognizant Technology Solutions (NASDAQ:CTSH)

Cognizant Technology Solutions (NASDAQ:CTSH) is the third best information technology service stock with a Zen Score of 60, which is 27 points higher than the information technology service industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cognizant Technology Solutions has seen its stock return 13.47% over the past year, underperforming other information technology service stocks by -6 percentage points.

Cognizant Technology Solutions has an average 1 year price target of $77.75, an upside of 10.55% from Cognizant Technology Solutions's current stock price of $70.33.

Cognizant Technology Solutions stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Cognizant Technology Solutions, 16.67% have issued a Strong Buy rating, 8.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.

What are the information technology service stocks with highest dividends?

Out of 18 information technology service stocks that have issued dividends in the past year, the 3 information technology service stocks with the highest dividend yields are:

1. Clps (NASDAQ:CLPS)

Clps (NASDAQ:CLPS) has an annual dividend yield of 10.15%, which is 8 percentage points higher than the information technology service industry average of 2.59%.

Clps's dividend payout ratio of -100% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ttec Holdings (NASDAQ:TTEC)

Ttec Holdings (NASDAQ:TTEC) has an annual dividend yield of 7.54%, which is 5 percentage points higher than the information technology service industry average of 2.59%. Ttec Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Ttec Holdings's dividend has not shown consistent growth over the last 10 years.

Ttec Holdings's dividend payout ratio of -223.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Information Services Group (NASDAQ:III)

Information Services Group (NASDAQ:III) has an annual dividend yield of 5.71%, which is 3 percentage points higher than the information technology service industry average of 2.59%. Information Services Group's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Information Services Group's dividend has not shown consistent growth over the last 10 years.

Information Services Group's dividend payout ratio of -1,800% indicates that its high dividend yield might not be sustainable for the long-term.

Why are information technology service stocks up?

Information technology service stocks were up 0.25% in the last day, and up 1.73% over the last week. Dxc Technology Co was the among the top gainers in the information technology services industry, gaining 0.76% yesterday.

DXC Technology shares are trading lower after the company issued weak guidance.

What are the most undervalued information technology service stocks?

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

1. Concentrix (NASDAQ:CNXC)

Concentrix (NASDAQ:CNXC) is the most undervalued information technology service stock based on WallStreetZen's Valuation Score. Concentrix has a valuation score of 71, which is 43 points higher than the information technology service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Concentrix's stock has dropped -26.5% in the past year. It has underperformed other stocks in the information technology service industry by -46 percentage points.

2. Cognizant Technology Solutions (NASDAQ:CTSH)

Cognizant Technology Solutions (NASDAQ:CTSH) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Cognizant Technology Solutions has a valuation score of 71, which is 43 points higher than the information technology service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Cognizant Technology Solutions's stock has gained 13.47% in the past year. It has underperformed other stocks in the information technology service industry by -6 percentage points.

3. Global Mofy Metaverse (NASDAQ:GMM)

Global Mofy Metaverse (NASDAQ:GMM) is the third most undervalued information technology service stock based on WallStreetZen's Valuation Score. Global Mofy Metaverse has a valuation score of 71, which is 43 points higher than the information technology service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Are information technology service stocks a good buy now?

38.3% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 14.84% over the next year.

What is the average p/e ratio of the information technology services industry?

The average P/E ratio of the information technology services industry is 27.31x.

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.