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 4.7% over the past year, underperforming other software infrastructure stocks by -16 percentage points.

Dlocal has an average 1 year price target of $18.71, an upside of 31.33% from Dlocal's current stock price of $14.25.

Dlocal stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Dlocal, 42.86% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% 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 619.5% over the past year, overperforming other software infrastructure stocks by 598 percentage points.

Gigacloud Technology has an average 1 year price target of $35.00, a downside of -6.09% from Gigacloud Technology's current stock price of $37.27.

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.

International Money Express (NASDAQ:IMXI) is the third best software infrastructure stock with a Zen Score of 58, which is 28 points higher than the software infrastructure industry average of 30. It passed 18 out of 33 due diligence checks and has strong fundamentals. International Money Express has seen its stock lose -20.79% over the past year, underperforming other software infrastructure stocks by -42 percentage points.

International Money Express has an average 1 year price target of $28.00, an upside of 38.96% from International Money Express's current stock price of $20.15.

International Money Express stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering International Money Express, 50% have issued a Strong Buy rating, 50% 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 2.52%. 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 8.55%, which is 6 percentage points higher than the software infrastructure industry average of 2.52%.

Solarwinds's dividend payout ratio of 1,666.7% indicates that its high dividend yield might not be sustainable for the long-term.

Csg Systems International (NASDAQ:CSGS) has an annual dividend yield of 2.73%, which is the same as the software infrastructure industry average of 2.52%. Csg Systems International's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Csg Systems International's dividend has shown consistent growth over the last 10 years.

Csg Systems International's dividend payout ratio of 51.6% indicates that its dividend yield is sustainable for the long-term.

Software infrastructure stocks were up 0.4% in the last day, and down -1.35% over the last week. Onespan was the among the top gainers in the software - infrastructure industry, gaining 13.15% yesterday.

OneSpan shares are trading higher after the company reported better-than-expected Q1 2024 adjusted EPS and sales.

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

International Money Express (NASDAQ:IMXI) is the most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. International Money Express has a valuation score of 100, which is 78 points higher than the software infrastructure industry average of 22. It passed 7 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -20.79% in the past year. It has underperformed other stocks in the software infrastructure industry by -42 percentage points.

Akamai Technologies (NASDAQ:AKAM) is the second most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Akamai Technologies has a valuation score of 86, which is 64 points higher than the software infrastructure industry average of 22. It passed 6 out of 7 valuation due diligence checks.

Akamai Technologies's stock has gained 27.03% in the past year. It has overperformed other stocks in the software infrastructure industry by 6 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 64 points higher than the software infrastructure industry average of 22. It passed 6 out of 7 valuation due diligence checks.

Amdocs's stock has dropped -6.82% in the past year. It has underperformed other stocks in the software infrastructure industry by -28 percentage points.