Sectors & IndustriesTechnologySoftware - Infrastructure

Best Software Infrastructure Stocks to Buy Now (2024)

Top software infrastructure stocks in 2024 ranked by overall Zen Score. See the best software infrastructure stocks to buy now, according to analyst forecasts for the software - infrastructure industry.

According to Zen Score, the 3 best software infrastructure stocks to buy right now are:

Dlocal (NASDAQ:DLO) is the top software infrastructure stock with a Zen Score of 63, which is 33 points higher than the software infrastructure industry average of 30. It passed 21 out of 33 due diligence checks and has strong fundamentals. Dlocal has seen its stock return 10.87% over the past year, underperforming other software infrastructure stocks by -1 percentage points.

Dlocal has an average 1 year price target of $19.00, an upside of 25% from Dlocal's current stock price of $15.20.

Dlocal stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Dlocal, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Gigacloud Technology (NASDAQ:GCT) is the second best software infrastructure stock with a Zen Score of 62, which is 32 points higher than the software infrastructure industry average of 30. It passed 20 out of 33 due diligence checks and has strong fundamentals. Gigacloud Technology has seen its stock return 559.68% over the past year, overperforming other software infrastructure stocks by 548 percentage points.

Gigacloud Technology has an average 1 year price target of $35.00, a downside of -4.92% from Gigacloud Technology's current stock price of $36.81.

Gigacloud Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Gigacloud Technology, 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.

Microsoft (NASDAQ:MSFT) is the third best software infrastructure stock with a Zen Score of 61, which is 31 points higher than the software infrastructure industry average of 30. It passed 23 out of 38 due diligence checks and has strong fundamentals. Microsoft has seen its stock return 40.19% over the past year, overperforming other software infrastructure stocks by 29 percentage points.

Microsoft has an average 1 year price target of $468.48, an upside of 15.88% from Microsoft's current stock price of $404.27.

Microsoft stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Microsoft, 64% have issued a Strong Buy rating, 36% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 9 software infrastructure stocks that have issued dividends in the past year, the 3 software infrastructure stocks with the highest dividend yields are:

Virnetx Holding (NYSE:VHC) has an annual dividend yield of N/A, which is N/A percentage points lower than the software infrastructure industry average of 2.57%. Virnetx Holding's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Virnetx Holding's dividend has shown consistent growth over the last 10 years.

Virnetx Holding's dividend payout ratio of -256.7% indicates that its dividend yield might not be sustainable for the long-term.

Solarwinds (NYSE:SWI) has an annual dividend yield of 9.19%, which is 7 percentage points higher than the software infrastructure industry average of 2.57%.

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

Gen Digital (NASDAQ:GEN) has an annual dividend yield of 2.45%, which is the same as the software infrastructure industry average of 2.57%. Gen Digital's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Gen Digital's dividend has not shown consistent growth over the last 10 years.

Gen Digital's dividend payout ratio of 22.3% indicates that its dividend yield is sustainable for the long-term.

Software infrastructure stocks were down -0.38% in the last day, and down -5.41% over the last week.

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

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

Akamai Technologies (NASDAQ:AKAM) is the most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Akamai Technologies has a valuation score of 86, which is 61 points higher than the software infrastructure industry average of 25. It passed 6 out of 7 valuation due diligence checks.

Akamai Technologies's stock has gained 21.63% in the past year. It has overperformed other stocks in the software infrastructure industry by 10 percentage points.

International Money Express (NASDAQ:IMXI) is the second most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. International Money Express has a valuation score of 86, which is 61 points higher than the software infrastructure industry average of 25. It passed 6 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -16.5% in the past year. It has underperformed other stocks in the software infrastructure industry by -28 percentage points.

Amdocs (NASDAQ:DOX) is the third most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Amdocs has a valuation score of 86, which is 61 points higher than the software infrastructure industry average of 25. It passed 6 out of 7 valuation due diligence checks.

Amdocs's stock has dropped -11% in the past year. It has underperformed other stocks in the software infrastructure industry by -23 percentage points.