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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...
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
CARG
CARGURUS INC
United States
$2.05B114,868,40872.41%27.59%Net SellingNet Selling
PERI
PERION NETWORK LTD
Israel
$1.64B46,172,39353.80%0.69%
BIDU
BAIDU INC
China
$51.19B2,789,000,0002.94%0.00%
NTES
NETEASE INC
China
$55.63B3,239,282,0002.63%0.00%
WB
WEIBO CORP
China
$3.85B234,040,00028.58%0.00%
TTGT
TECHTARGET INC
United States
$988.54M28,669,87642.46%57.54%Net SellingNet Selling
JFIN
JIAYIN GROUP INC
China
$145.09M213,365,0480.06%0.00%
IZEA
IZEA WORLDWIDE INC
United States
$38.45M62,325,0858.83%23.44%Net SellingNet Buying
ABNB
AIRBNB INC
United States
$75.68B640,528,49440.80%3.61%Net SellingNet Selling
LIZI
LIZHI INC
China
$39.84M1,034,822,0500.04%0.00%
NN
NEXTNAV INC
United States
$221.28M106,384,10944.56%23.52%Net BuyingNet Selling
GOOGL
ALPHABET INC
United States
$1.30T12,807,000,00063.18%3.41%Net SellingNet Selling
YELP
YELP INC
United States
$2.04B69,543,17783.66%16.34%Net SellingNet Selling
IQ
IQIYI INC
China
$5.91B6,082,968,7243.99%0.00%
CDLX
CARDLYTICS INC
United States
$104.85M33,605,76963.55%36.45%Net Selling
TWLO
TWILIO INC
United States
$11.77B187,274,76176.19%3.62%Net SellingNet Buying
KIND
NEXTDOOR HOLDINGS INC
United States
$733.97M374,472,52721.26%7.65%Net BuyingNet Selling
META
META PLATFORMS INC
United States
$507.15B2,592,639,54862.69%11.19%Net SellingNet Selling
TRUE
TRUECAR INC
United States
$189.81M88,693,99848.13%51.87%Net SellingNet Buying
TBLA
TABOOLACOM LTD
United States
$920.36M340,874,70424.71%20.89%Net SellingNet Selling
ATHM
AUTOHOME INC
China
$3.68B493,234,84412.04%0.00%
EVER
EVERQUOTE INC
United States
$400.41M32,606,82053.26%46.74%Net SellingNet Selling
IAC
IAC INC
United States
$4.45B88,871,67183.05%5.70%Net BuyingNet Selling
PINS
PINTEREST INC
United States
$18.03B683,867,80378.14%16.87%Net SellingNet Selling
TRVG
TRIVAGO NV
Germany
$488.75M341,782,1209.36%0.00%
KRKR
36KR HOLDINGS INC
China
$42.66M1,035,476,2940.01%0.00%
MTCH
MATCH GROUP INC
United States
$10.26B279,323,89078.39%21.61%Net SellingNet Selling
MOMO
HELLO GROUP INC
China
$1.49B377,841,98626.05%0.00%
DASH
DOORDASH INC
United States
$23.38B392,075,68953.81%46.19%Net SellingNet Selling
DOYU
DOUYU INTERNATIONAL HOLDINGS LTD
China
$377.20M31,966,417100.00%0.00%
LTRPA
LIBERTY TRIPADVISOR HOLDINGS INC
United States
$60.81M76,011,53143.12%11.68%Net Buying
GENI
GENIUS SPORTS LTD
United Kingdom
$993.80M220,353,69535.77%0.00%
YY
JOYY INC
China
$2.01B1,392,700,0002.30%0.00%
ZH
ZHIHU INC
China
$751.48M318,422,54619.39%0.00%
THRY
THRYV HOLDINGS INC
United States
$774.88M34,748,03384.32%15.68%Net SellingNet Selling
ANGI
ANGI INC
United States
$1.09B504,782,93211.41%14.83%Net SellingNet Selling
TME
TENCENT MUSIC ENTERTAINMENT GROUP
China
$19.88B5,065,169,3507.90%0.00%
SEAT
VIVID SEATS INC
United States
$1.32B195,384,78619.53%80.47%Net SellingNet Selling
DPSI
DECISIONPOINT SYSTEMS INC
United States
$50.30M7,397,4943.82%96.18%Net Selling
SSTK
SHUTTERSTOCK INC
United States
$2.46B35,841,93332.93%67.07%Net SellingNet Selling
SOHU
SOHUCOM LTD
China
$479.01M34,387,00030.22%69.78%
OB
OUTBRAIN INC
United States
$210.79M51,163,30433.78%60.25%Net SellingNet Selling
RUM
RUMBLE INC
United States
$3.06B384,912,3804.30%20.87%Net Buying
APLD
APPLIED DIGITAL CORP
United States
$188.95M94,474,31633.37%30.18%Net BuyingNet Buying
LZ
LEGALZOOMCOM INC
United States
$1.60B190,826,82439.17%60.83%Net SellingNet Selling
LOV
SPARK NETWORKS SE
Germany
$24.60M2,617,39711.70%88.30%Net SellingNet Selling
FVRR
FIVERR INTERNATIONAL LTD
Israel
$1.24B37,411,65746.62%0.00%
ZG
ZILLOW GROUP INC
United States
$9.33B234,343,73489.51%10.49%Net SellingNet Selling
UXIN
UXIN LTD
China
$105.01M1,354,134,7910.28%0.00%
GRPN
GROUPON INC
United States
$125.59M30,707,3031.45%98.55%Net BuyingNet Selling
DAO
YOUDAO INC
China
$1.05B123,584,46017.51%0.00%
SMWB
SIMILARWEB LTD
Israel
$441.79M76,433,77237.92%0.00%
ATY
ACUITYADS HOLDINGS INC
Canada
$87.20M56,808,92112.52%0.00%
GAIA
GAIA INC
United States
$54.98M20,825,97419.25%80.75%Net Buying
MOXC
MOXIAN (BVI) INC
United States
$32.00M35,554,6670.13%99.87%
CANG
CANGO INC
China
$145.99M272,885,52010.97%0.00%
SNAP
SNAP INC
United States
$16.92B1,581,335,15142.79%9.65%Net SellingNet Selling
SPOT
SPOTIFY TECHNOLOGY SA
Luxembourg
$24.57B193,293,26954.45%0.00%
BODY
BEACHBODY COMPANY INC
United States
$156.71M312,162,12922.33%37.69%Net BuyingNet Selling
TC
TUANCHE LTD
China
$12.17M321,832,2950.83%0.00%
HOLO
MICROCLOUD HOLOGRAM INC
United States
$111.79M50,812,0350.06%60.63%
LKCO
LUOKUNG TECHNOLOGY CORP
China
$44.11M401,042,2241.86%0.00%
FENG
PHOENIX NEW MEDIA LTD
China
$28.98M582,324,3250.26%0.00%
GROM
GROM SOCIAL ENTERPRISES INC
United States
$440.45k759,39014.95%85.05%
MARK
REMARK HOLDINGS INC
United States
$11.17M10,640,7771.34%98.66%
MAX
MEDIAALPHA INC
United States
$872.05M62,918,40342.43%57.57%Net SellingNet Selling
LCFY
LOCAFY LTD
Australia
$8.83M1,026,4400.00%0.00%
QTT
QUTOUTIAO INC
China
$21.56M76,346,8870.24%0.00%
AREN
ARENA GROUP HOLDINGS INC
United States
$88.49M18,245,04012.35%87.65%Net Selling
GRND
GRINDR INC
Singapore
$1.04B173,745,0323.24%96.76%Net Buying
1

Internet Stocks FAQ

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

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

1. Cargurus (NASDAQ:CARG)


Cargurus (NASDAQ:CARG) is the top internet stock with a Zen Score of 68, which is 39 points higher than the internet industry average of 29. It passed 22 out of 33 due diligence checks and has strong fundamentals. Cargurus has seen its stock lose -58.62% over the past year, underperforming other internet stocks by -27 percentage points.

Cargurus has an average 1 year price target of $20.70, an upside of 15.77% from Cargurus's current stock price of $17.88.

Cargurus stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Cargurus, 30% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 10% have issued a Strong Sell.

2. Perion Network (NASDAQ:PERI)


Perion Network (NASDAQ:PERI) is the second best internet stock with a Zen Score of 58, which is 29 points higher than the internet industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. Perion Network has seen its stock return 65.12% over the past year, overperforming other internet stocks by 96 percentage points.

Perion Network has an average 1 year price target of $34.50, a downside of -2.82% from Perion Network's current stock price of $35.50.

Perion Network stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Perion Network, 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. Baidu (NASDAQ:BIDU)


Baidu (NASDAQ:BIDU) is the third best internet stock with a Zen Score of 53, which is 24 points higher than the internet industry average of 29. It passed 17 out of 33 due diligence checks and has strong fundamentals. Baidu has seen its stock lose -0.21% over the past year, overperforming other internet stocks by 31 percentage points.

Baidu has an average 1 year price target of $193.58, an upside of 31.83% from Baidu's current stock price of $146.84.

Baidu stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Baidu, 91.67% have issued a Strong Buy rating, 8.33% 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 4 internet stocks that have issued dividends in the past year, the 3 internet stocks with the highest dividend yields are:

1. Autohome (NYSE:ATHM)


Autohome (NYSE:ATHM) has an annual dividend yield of N/A, which is N/A percentage points lower than the internet industry average of 2.03%. Autohome's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Autohome's dividend has not shown consistent growth over the last 10 years.

Autohome's dividend payout ratio of 24.7% indicates that its dividend yield is sustainable for the long-term.

2. Joyy (NASDAQ:YY)


Joyy (NASDAQ:YY) has an annual dividend yield of 7.08%, which is 5 percentage points higher than the internet industry average of 2.03%.

3. Netease (NASDAQ:NTES)


Netease (NASDAQ:NTES) has an annual dividend yield of 1.62%, which is the same as the internet industry average of 2.03%. Netease's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. Netease's dividend has not shown consistent growth over the last 10 years.

Netease's dividend payout ratio of 33.7% indicates that its dividend yield is sustainable for the long-term.

Why are internet stocks down?

Internet stocks were down -1.03% in the last day, and up 3.42% over the last week. Groupon was the among the top losers in the internet content & information industry, dropping -16.53% yesterday.

Groupon shares are trading lower after the company reported worse-than-expected Q4 sales results.

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 71 points higher than the internet industry average of 29. It passed 7 out of 7 valuation due diligence checks.

Jiayin Group's stock has gained 20.89% in the past year. It has overperformed other stocks in the internet industry by 52 percentage points.

2. Perion Network (NASDAQ:PERI)


Perion Network (NASDAQ:PERI) is the second most undervalued internet stock based on WallStreetZen's Valuation Score. Perion Network has a valuation score of 86, which is 57 points higher than the internet industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Perion Network's stock has gained 65.12% in the past year. It has overperformed other stocks in the internet industry by 96 percentage points.

3. Baidu (NASDAQ:BIDU)


Baidu (NASDAQ:BIDU) is the third most undervalued internet stock based on WallStreetZen's Valuation Score. Baidu has a valuation score of 71, which is 42 points higher than the internet industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Baidu's stock has dropped -0.21% in the past year. It has overperformed other stocks in the internet industry by 31 percentage points.

Are internet stocks a good buy now?

42.19% of internet stocks rated by analysts are a strong buy right now. On average, analysts expect internet stocks to rise by 76.87% 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 18.62x.
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