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Best Internet Stocks to Buy Now (2023)
Top internet stocks in 2023 ranked by overall Zen Score. See the best internet stocks to buy now, according to analyst forecasts for the internet content & information industry.

Industry: Internet Content & Inform...
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
PERI
PERION NETWORK LTD
$1.43B$660.09M$134.00M$107.54M$2.3728.42%19.32%72.99%N/A2023-08-01
BIDU
BAIDU INC
$46.26B$18.19BN/A$2.05B$5.63-5.62%5.54%N/A-11.68%
NTES
NETEASE INC
$55.87B$14.10B$4.51B$3.27B$5.030.70%14.93%27.91%22.94%
TTGT
TECHTARGET INC
$997.10M$286.44M$64.64M$36.09M$1.232.80%20.60%515.00%29.33%2023-08-02
WB
WEIBO CORP
$3.35B$1.77BN/A$253.57M$1.09-22.66%6.30%-19.85%-9.75%
CARG
CARGURUS INC
$2.31B$1.46B$157.57M$272.01M$2.3020.30%33.12%N/A77.65%
ABNB
AIRBNB INC
$73.98B$8.71B$2.21B$2.03B$3.1731.66%N/A143.85%N/A2023-07-31
JFIN
JIAYIN GROUP INC
$427.45M$474.12M$194.89M$170.96M$3.1868.71%6.65%130.74%14.02%2023-06-08
KRKR
36KR HOLDINGS INC
$38.20M$46.74M$5.48M$3.18M$0.08-6.52%20.50%N/A20.11%
IQ
IQIYI INC
$4.14B$4.33B$176.99M$45.01M$0.03-6.20%7.84%N/AN/A
GOOGL
ALPHABET INC
$1.60T$284.61B$86.29B$58.59B$4.535.28%19.41%-18.96%30.50%2023-07-24
MOMO
HELLO GROUP INC
$1.69B$1.84B$324.96M$215.11M$1.10-19.97%6.30%N/A-7.89%2023-06-06
NN
NEXTNAV INC
$294.07M$3.56M-$43.82M-$46.75M-$0.44107.89%N/AN/AN/A
LIZI
LIZHI INC
$44.80M$330.87MN/A$17.19M$0.350.05%N/AN/AN/A
META
META PLATFORMS INC
$695.50B$117.35B$36.27B$21.44B$8.09-1.94%21.35%-39.63%5.64%2023-07-25
YELP
YELP INC
$2.36B$1.23B$121.00M$36.08M$0.5014.21%7.02%-16.67%-23.35%2023-08-02
ILLM
ACUITYADS HOLDINGS INC
$98.31M$90.97M$4.47M$128.64k$0.01-4.59%N/A-91.95%N/A
TWLO
TWILIO INC
$12.08B$3.96B-$1.07B-$1.38B-$7.4726.55%55.11%N/AN/A2023-08-02
SSTK
SHUTTERSTOCK INC
$1.76B$843.97M$172.08M$82.37M$2.306.93%7.79%-6.12%13.34%2023-07-24
IAC
IAC INC
$4.99B$4.99B$71.61M-$516.60M-$6.1117.83%N/AN/AN/A
IZEA
IZEA WORLDWIDE INC
$47.62M$40.94M-$3.66M-$4.80M-$0.0622.64%11.74%N/AN/A
DPSI
DECISIONPOINT SYSTEMS INC
$32.19M$104.73M$7.95M$3.13M$0.4350.50%10.48%258.33%N/A
TRUE
TRUECAR INC
$201.59M$154.97M-$107.64M-$125.84M-$1.40-26.25%-13.95%N/AN/A2023-07-31
GENI
GENIUS SPORTS LTD
$1.43B$352.34M-$88.81M-$166.61M-$0.8219.47%N/AN/AN/A
MTCH
MATCH GROUP INC
$10.78B$3.18B$559.16M$302.22M$1.082.02%-2.15%9.09%-24.14%2023-07-31
TRVG
TRIVAGO NV
$397.37M$598.24M-$104.39M-$117.18M-$0.3426.74%-13.99%N/AN/A
EVER
EVERQUOTE INC
$299.54M$402.67M-$15.20M-$21.23M-$0.66-5.34%24.39%N/AN/A2023-07-31
YY
JOYY INC
$1.95B$2.37BN/A$174.61MN/A-8.78%4.15%N/AN/A
CDLX
CARDLYTICS INC
$186.83M$294.95M-$444.36M-$484.69M-$14.474.66%16.71%N/AN/A2023-07-31
FVRR
FIVERR INTERNATIONAL LTD
$1.02B$338.64M-$55.70M-$58.78M-$1.587.15%N/AN/AN/A2023-08-02
TME
TENCENT MUSIC ENTERTAINMENT GROUP
$17.63B$4.13BN/A$606.62M$0.39-11.07%N/A52.34%N/A
PINS
PINTEREST INC
$16.48B$2.83B-$266.04M-$299.35M-$0.456.09%N/AN/AN/A2023-07-31
KIND
NEXTDOOR HOLDINGS INC
$1.11B$211.54M-$130.96M-$138.68M-$0.371.31%N/AN/AN/A
ANGI
ANGI INC
$1.60B$1.85B$20.31M-$110.38M-$0.226.53%17.05%N/AN/A
DASH
DOORDASH INC
$26.95B$7.16B-$840.00M-$1.36B-$3.6035.98%N/AN/AN/A2023-08-02
SMWB
SIMILARWEB LTD
$516.69M$201.70M-$63.04M-$69.89M-$0.9132.23%N/AN/AN/A
ZG
ZILLOW GROUP INC
$10.49B$2.40B$87.00M-$139.00M-$0.58-18.25%16.20%N/AN/A2023-08-02
LTRPA
LIBERTY TRIPADVISOR HOLDINGS INC
$48.23M$1.60B$286.00M$26.00M$0.3453.79%0.40%-89.31%N/A2023-08-02
SOHU
SOHUCOM LTD
$398.18M$702.25MN/A-$37.94M-$1.12-12.97%-17.62%N/AN/A
CANG
CANGO INC
$157.71M$287.02M-$121.77M-$161.04M-$1.17-53.63%12.31%N/AN/A2023-06-07
LOV
SPARK NETWORKS SE
$24.15M$179.20M-$15.74M-$41.08M-$1.57-14.84%22.73%N/AN/A
DAO
YOUDAO INC
$564.88M$715.96MN/A-$119.40M-$0.978.60%N/AN/AN/A
DOYU
DOUYU INTERNATIONAL HOLDINGS LTD
$323.44M$977.79MN/A$3.73M$0.01-28.13%N/AN/AN/A
RUM
RUMBLE INC
$3.83B$52.95M-$33.65M-$36.16M-$0.71373.71%N/AN/AN/A
APLD
APPLIED DIGITAL CORP
$887.33M$40.88M-$34.16M-$40.98M-$0.423,884.11%89.78%N/AN/A
UXIN
UXIN LTD
$63.99M$322.85MN/A$44.11MN/A53.77%46.81%N/AN/A2023-07-26
TBLA
TABOOLACOM LTD
$1.01B$1.37B$56.38M-$47.18M-$0.15-3.92%N/AN/AN/A
ZH
ZHIHU INC
$658.03M$554.81MN/A-$165.21M-$0.2711.41%N/AN/AN/A
THRY
THRYV HOLDINGS INC
$831.59M$1.14B$213.54M$30.15M$0.87-0.14%N/A-70.00%N/A2023-08-02
ATHM
AUTOHOME INC
$3.72BN/AN/AN/AN/AN/AN/AN/AN/A2023-08-01
GROM
GROM SOCIAL ENTERPRISES INC
$2.96M$5.40M-$11.35M-$15.84M-$16.80-4.58%-7.62%N/AN/A
SNAP
SNAP INC
$16.83B$4.53B-$1.15B-$1.40B-$0.882.67%37.96%N/AN/A2023-07-19
LZ
LEGALZOOMCOM INC
$2.25B$631.71M$2.56M-$20.48M-$0.116.01%N/AN/AN/A
GAIA
GAIA INC
$51.55M$79.85M$12.40M-$4.32M-$0.21-3.22%20.34%N/AN/A2023-07-31
SPOT
SPOTIFY TECHNOLOGY SA
$30.26B$13.31B-$393.41M-$863.74M-$4.4717.62%19.97%N/AN/A2023-07-25
AREN
ARENA GROUP HOLDINGS INC
$92.18M$224.07M-$32.34M-$71.79M-$3.889.96%323.91%N/AN/A
OB
OUTBRAIN INC
$246.55M$969.64M$4.12M-$28.30M-$0.51-6.93%N/AN/AN/A
TC
TUANCHE LTD
$12.19M$26.66M-$23.17M-$23.02M-$1.14-52.96%-9.13%N/AN/A
BODY
BEACHBODY COMPANY INC
$150.31M$638.18M-$58.82M-$149.85M-$0.48-24.60%N/AN/AN/A
SEAT
VIVID SEATS INC
$1.44B$630.57M$61.52M$39.59M$0.5014.71%N/AN/AN/A
LKCO
LUOKUNG TECHNOLOGY CORP
$689.50M$93.59M-$34.37M-$52.54M-$3.72-35.48%29.12%N/AN/A
GRPN
GROUPON INC
$182.29M$567.38M-$125.90M-$231.90M-$7.67-33.77%-27.32%N/AN/A
MOXC
MOXIAN (BVI) INC
$33.53M$164.43k-$15.26M-$21.52M-$0.63-25.03%2.79%N/AN/A
LCFY
LOCAFY LTD
$9.00M$3.46M-$4.60M-$5.11M-$4.9561.12%N/AN/AN/A
FENG
PHOENIX NEW MEDIA LTD
$27.88M$108.88MN/A-$12.62M-$1.04-28.04%-14.96%N/AN/A
MARK
REMARK HOLDINGS INC
$17.79M$7.83M-$32.62M-$38.22M-$3.35-51.85%-35.85%N/AN/A
GRND
GRINDR INC
$1.04B$207.29MN/A-$36.68M-$0.2228.29%N/AN/AN/A
HOLO
MICROCLOUD HOLOGRAM INC
$115.34MN/AN/AN/AN/AN/AN/AN/AN/A
MAX
MEDIAALPHA INC
$559.03M$428.10M$60.38M-$60.86M-$1.42-30.31%N/AN/AN/A2023-08-02

Internet Stocks FAQ

What are the best internet stocks to buy right now in Jun 2023?

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

1. Perion Network (NASDAQ:PERI)


Perion Network (NASDAQ:PERI) is the top internet stock with a Zen Score of 64, which is 34 points higher than the internet industry average of 30. It passed 20 out of 33 due diligence checks and has strong fundamentals. Perion Network has seen its stock return 52% over the past year, overperforming other internet stocks by 63 percentage points.

Perion Network has an average 1 year price target of $40.20, an upside of 30.48% from Perion Network's current stock price of $30.81.

Perion Network stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Perion Network, 20% have issued a Strong Buy rating, 60% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Baidu (NASDAQ:BIDU)


Baidu (NASDAQ:BIDU) is the second best internet stock with a Zen Score of 60, which is 30 points higher than the internet industry average of 30. It passed 19 out of 33 due diligence checks and has strong fundamentals. Baidu has seen its stock lose -10.01% over the past year, overperforming other internet stocks by 1 percentage points.

Baidu has an average 1 year price target of $185.73, an upside of 40.42% from Baidu's current stock price of $132.27.

Baidu stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Baidu, 90.91% have issued a Strong Buy rating, 9.09% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Netease (NASDAQ:NTES)


Netease (NASDAQ:NTES) is the third best internet stock with a Zen Score of 58, which is 28 points higher than the internet industry average of 30. It passed 22 out of 38 due diligence checks and has strong fundamentals. Netease has seen its stock lose -16.42% over the past year, underperforming other internet stocks by -6 percentage points.

Netease has an average 1 year price target of $115.20, an upside of 32.83% from Netease's current stock price of $86.73.

Netease stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Netease, 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 internet stocks with highest dividends?

Out of 5 internet stocks that have issued dividends in the past year, the 3 internet stocks with the highest dividend yields are:

1. Hello Group (NASDAQ:MOMO)


Hello Group (NASDAQ:MOMO) has an annual dividend yield of 8.05%, which is 5 percentage points higher than the internet industry average of 3.49%. Hello Group's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Hello Group's dividend has shown consistent growth over the last 10 years.

Hello Group's dividend payout ratio of 0% indicates that its high dividend yield might not be sustainable for the long-term.

2. Joyy (NASDAQ:YY)


Joyy (NASDAQ:YY) has an annual dividend yield of 7.23%, which is 4 percentage points higher than the internet industry average of 3.49%.

3. Shutterstock (NYSE:SSTK)


Shutterstock (NYSE:SSTK) has an annual dividend yield of 2.09%, which is -1 percentage points lower than the internet industry average of 3.49%. Shutterstock's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Shutterstock's dividend has not shown consistent growth over the last 10 years.

Shutterstock's dividend payout ratio of 43% indicates that its dividend yield is sustainable for the long-term.

Why are internet stocks down?

Internet stocks were down -0.14% in the last day, and up 4.29% over the last week.

We couldn't find a catalyst for why internet stocks are down.

What are the most undervalued internet stocks?

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

1. Jiayin Group (NASDAQ:JFIN)


Jiayin Group (NASDAQ:JFIN) is the most undervalued internet stock based on WallStreetZen's Valuation Score. Jiayin Group has a valuation score of 100, which is 69 points higher than the internet industry average of 31. It passed 7 out of 7 valuation due diligence checks.

Jiayin Group's stock has gained 323.28% in the past year. It has overperformed other stocks in the internet industry by 334 percentage points.

2. Weibo (NASDAQ:WB)


Weibo (NASDAQ:WB) is the second most undervalued internet stock based on WallStreetZen's Valuation Score. Weibo has a valuation score of 100, which is 69 points higher than the internet industry average of 31. It passed 7 out of 7 valuation due diligence checks.

Weibo's stock has dropped -38.85% in the past year. It has underperformed other stocks in the internet industry by -28 percentage points.

3. 36kr Holdings (NASDAQ:KRKR)


36kr Holdings (NASDAQ:KRKR) is the third most undervalued internet stock based on WallStreetZen's Valuation Score. 36kr Holdings has a valuation score of 86, which is 55 points higher than the internet industry average of 31. It passed 6 out of 7 valuation due diligence checks.

36kr Holdings's stock has gained 6.52% in the past year. It has overperformed other stocks in the internet industry by 17 percentage points.

Are internet stocks a good buy now?

43.14% of internet stocks rated by analysts are a strong buy right now. On average, analysts expect internet stocks to rise by 20.67% over the next year.

What is the average p/e ratio of the internet content & information industry?

The average P/E ratio of the internet content & information industry is 26.37x.
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.