WallStreetZenWallStreetZen

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.

Industry: Software - Infrastructure
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
GCT
GIGACLOUD TECHNOLOGY INC
$1.12B$27.43$18.00-34.38%Strong Buy171.92%N/AN/AN/A
DLO
DLOCAL LTD
$4.61B$15.94$22.0038.02%Strong Buy351.30%133.33%N/AN/A
MSFT
MICROSOFT CORP
$2.99T$402.18$443.9610.39%Strong Buy2511.52%10.90%57.16%28.94%
PANW
PALO ALTO NETWORKS INC
$84.64B$261.97$324.9324.03%Strong Buy2914.49%N/AN/AN/A
DOX
AMDOCS LTD
$10.44B$89.62$108.0020.51%Strong Buy34.34%28.93%N/AN/A
FFIV
F5 INC
$10.65B$181.09$194.297.29%Hold71.24%21.20%N/AN/A
SPSC
SPS COMMERCE INC
$6.74B$182.30$194.006.42%Strong Buy315.15%15.00%N/AN/A
PAGS
PAGSEGURO DIGITAL LTD
$4.24B$12.86$13.202.64%Buy47.43%63.80%N/AN/A
DAVA
ENDAVA PLC
$3.79B$65.66$78.8620.10%Buy79.86%41.44%N/AN/A
FTNT
FORTINET INC
$50.18B$65.34$69.656.60%Hold2312.99%-25.82%N/AN/A
ATEN
A10 NETWORKS INC
$955.64M$12.89$16.0024.13%Buy2N/AN/AN/AN/A
CHKP
CHECK POINT SOFTWARE TECHNOLOGIES LTD
$17.66B$154.87$168.548.83%Buy135.19%3.75%N/AN/A
IMXI
INTERNATIONAL MONEY EXPRESS INC
$731.86M$20.99$25.5021.49%Buy2N/AN/AN/AN/A
CSGS
CSG SYSTEMS INTERNATIONAL INC
$1.56B$53.06$61.5015.91%Strong Buy24.26%N/AN/AN/A
PAY
PAYMENTUS HOLDINGS INC
$1.87B$15.13$17.2113.77%Hold725.12%0.00%N/AN/A
ADBE
ADOBE INC
$243.41B$538.52$628.1716.65%Buy2311.15%7.24%N/AN/A
SNPS
SYNOPSYS INC
$82.62B$543.57$621.2214.29%Strong Buy912.79%-17.95%N/AN/A
STNE
STONECO LTD
$5.10B$16.23$18.2012.14%Buy10-0.54%25.96%16.78%5.40%
EEFT
EURONET WORLDWIDE INC
$4.91B$106.39$110.754.10%Strong Buy49.84%N/AN/AN/A
PAYS
PAYSIGN INC
$162.48M$3.08$5.5078.57%Buy113.45%N/AN/AN/A
QLYS
QUALYS INC
$5.87B$159.47$167.004.72%Hold810.79%-32.49%N/AN/A
FLT
FLEETCOR TECHNOLOGIES INC
$19.81B$274.30$302.2710.20%Buy119.88%43.70%N/AN/A
PLTR
PALANTIR TECHNOLOGIES INC
$50.32B$22.74$18.13-20.29%Hold820.56%N/AN/AN/A
AKAM
AKAMAI TECHNOLOGIES INC
$16.16B$107.16$122.2514.08%Buy127.99%34.44%N/AN/A
VRNT
VERINT SYSTEMS INC
$1.92B$30.41$36.5020.03%Buy68.21%464.88%N/AN/A
RELY
REMITLY GLOBAL INC
$3.28B$17.69$26.6350.51%Buy831.78%N/AN/AN/A
TIXT
TELUS INTERNATIONAL (CDA) INC
$3.00B$10.95$9.83-10.20%Hold37.97%268.78%N/AN/A
CINT
CI&T INC
$610.42M$4.56$5.7526.10%Hold2-4.73%119.61%N/AN/A
EVTC
EVERTEC INC
$2.67B$41.26$36.50-11.54%Sell228.33%73.03%N/AN/A
WEX
WEX INC
$9.45B$221.04$238.007.67%Buy88.20%87.68%N/AN/A
BAND
BANDWIDTH INC
$340.52M$13.28$14.005.42%Buy36.85%N/AN/AN/A
AVDX
AVIDXCHANGE HOLDINGS INC
$2.41B$11.88$12.333.81%Buy621.85%N/AN/AN/A
VRSN
VERISIGN INC
$19.28B$192.78$237.0022.94%Strong Buy18.66%-6.70%N/AN/A
S
SENTINELONE INC
$7.65B$25.60$24.61-3.89%Buy1934.84%N/AN/AN/A
RAMP
LIVERAMP HOLDINGS INC
$2.39B$36.15$47.7532.09%Strong Buy44.13%N/AN/AN/A
VHC
VIRNETX HOLDING CORP
$25.15M$6.95N/AN/AN/AN/AN/AN/AN/AN/A
CFLT
CONFLUENT INC
$10.19B$32.58$29.86-8.36%Buy2122.65%N/AN/AN/A
USIO
USIO INC
$41.30M$1.57N/AN/AN/AN/A12.26%N/AN/AN/A
BOX
BOX INC
$3.58B$24.93$31.0024.35%Strong Buy95.36%34.84%N/AN/A
ARBE
ARBE ROBOTICS LTD
$138.68M$1.79N/AN/AN/AN/A2,258.49%N/A292.99%258.47%
FOUR
SHIFT4 PAYMENTS INC
$5.96B$72.34$80.0010.59%Strong Buy13-44.24%-34.46%N/AN/A
PGY
PAGAYA TECHNOLOGIES LTD
$1.01B$1.38$3.58159.64%Strong Buy340.90%N/AN/AN/A
FLYW
FLYWIRE CORP
$2.69B$22.16$32.7047.56%Strong Buy1027.82%N/AN/AN/A
OKTA
OKTA INC
$13.42B$81.18$86.856.98%Buy2613.28%N/AN/AN/A
ORCL
ORACLE CORP
$297.32B$108.16$127.1317.53%Buy165.56%27.08%N/AN/A
BKKT
BAKKT HOLDINGS INC
$239.78M$0.87$1.7094.73%Strong Buy1607.45%N/A-261.46%-21.41%
PATH
UIPATH INC
$12.96B$22.90$21.91-4.33%Hold1121.74%N/AN/AN/A
TOST
TOAST INC
$11.21B$20.75$20.930.86%Buy1426.55%N/AN/AN/A
NN
NEXTNAV INC
$450.46M$4.09N/AN/AN/AN/A247.22%N/AN/AN/A
HCP
HASHICORP INC
$4.42B$22.55$29.2729.81%Buy1115.38%N/A-41.25%-30.99%
CRWD
CROWDSTRIKE HOLDINGS INC
$70.21B$292.36$265.49-9.19%Strong Buy3328.24%N/AN/AN/A
PAYO
PAYONEER GLOBAL INC
$1.93B$5.33$7.2536.02%Strong Buy415.14%N/AN/AN/A
WIX
WIXCOM LTD
$7.61B$132.77$135.331.93%Strong Buy910.83%-13.15%N/AN/A
DOCN
DIGITALOCEAN HOLDINGS INC
$3.26B$35.85$34.13-4.81%Buy811.35%102.99%N/AN/A
TENB
TENABLE HOLDINGS INC
$5.46B$46.65$58.2524.87%Strong Buy1216.19%N/AN/AN/A
BASE
COUCHBASE INC
$1.29B$26.81$25.00-6.75%Buy418.75%N/AN/AN/A
AVPT
AVEPOINT INC
$1.44B$7.84$9.5021.17%Buy219.79%N/AN/AN/A
CCSI
CONSENSUS CLOUD SOLUTIONS INC
$350.32M$18.29$25.0036.69%Sell21.89%N/AN/AN/A
NVEI
NUVEI CORP
$3.25B$23.35$27.3817.24%Buy827.44%N/AN/AN/A
SPLK
SPLUNK INC
$26.20B$155.48$137.68-11.45%Buy2512.70%N/AN/AN/A
VRNS
VARONIS SYSTEMS INC
$5.14B$47.09$49.926.00%Buy1210.94%N/AN/AN/A
CYBR
CYBERARK SOFTWARE LTD
$10.27B$244.07$261.407.10%Strong Buy2023.16%N/AN/AN/A
MDB
MONGODB INC
$30.86B$427.49$450.525.39%Strong Buy2325.13%N/AN/AN/A
NET
CLOUDFLARE INC
$32.11B$95.09$99.314.44%Buy1625.77%N/AN/AN/A
ZS
ZSCALER INC
$31.73B$213.92$212.97-0.44%Strong Buy3222.40%N/AN/AN/A
HOOD
ROBINHOOD MARKETS INC
$11.75B$13.59$14.133.94%Hold816.42%N/AN/AN/A
TDC
TERADATA CORP
$3.69B$37.69$53.7542.61%Hold84.71%130.82%N/AN/A
SQ
BLOCK INC
$39.59B$64.47$74.5515.63%Strong Buy2214.09%N/AN/AN/A
NXTP
NEXTPLAY TECHNOLOGIES INC
$6.89M$1.16N/AN/AN/AN/AN/AN/A-54.56%-20.59%
TLS
TELOS CORP
$254.82M$3.66$5.2543.44%Strong Buy211.70%N/AN/AN/A
ALAR
ALARUM TECHNOLOGIES LTD
$38.44M$11.78$8.00-32.09%Strong Buy143.07%N/AN/AN/A
IIIV
I3 VERTICALS INC
$690.81M$20.70$23.5013.53%Buy46.90%864.37%N/AN/A
IOT
SAMSARA INC
$17.05B$31.57$32.131.76%Buy831.76%N/AN/AN/A
BLZE
BACKBLAZE INC
$431.65M$11.48$13.5017.60%Strong Buy431.23%N/AN/AN/A
GEN
GEN DIGITAL INC
$13.73B$21.55$26.0020.65%Strong Buy32.02%-8.14%N/AN/A
APPN
APPIAN CORP
$2.39B$32.62$47.6045.92%Buy512.81%N/A-12.62%-1.05%
LSAK
LESAKA TECHNOLOGIES INC
$225.84M$3.62N/AN/AN/AN/A6.81%N/AN/AN/A
FIVN
FIVE9 INC
$5.17B$71.05$91.0028.08%Strong Buy919.81%N/AN/AN/A
SOS
SOS LTD
$28.49M$3.44N/AN/AN/AN/AN/AN/AN/AN/A
CLBT
CELLEBRITE DI LTD
$2.18B$11.21$12.5011.51%Strong Buy216.57%N/AN/AN/A
ACIW
ACI WORLDWIDE INC
$3.30B$30.31$31.002.28%Buy19.26%N/AN/AN/A
ZUO
ZUORA INC
$1.13B$7.92$14.3380.97%Strong Buy312.33%N/AN/AN/A
RDWR
RADWARE LTD
$721.57M$17.26$22.0027.46%Strong Buy14.65%N/AN/AN/A
MQ
MARQETA INC
$3.21B$6.15$7.5522.76%Strong Buy10-8.12%N/AN/AN/A
STEM
STEM INC
$439.63M$2.82$6.39126.45%Buy775.02%N/AN/AN/A
ARQQ
ARQIT QUANTUM INC
$88.16M$0.54$3.00456.59%Buy1N/AN/A62.82%41.96%
ALTR
ALTAIR ENGINEERING INC
$7.10B$86.91$80.00-7.95%Strong Buy29.81%N/AN/AN/A
GDDY
GODADDY INC
$15.47B$109.65$114.704.61%Buy107.24%50.59%N/AN/A
DBX
DROPBOX INC
$8.21B$23.86$31.0029.92%Hold72.40%N/AN/AN/A
ALLT
ALLOT LTD
$72.38M$1.89$2.7545.50%Buy265.60%N/AN/AN/A
TUYA
TUYA INC
$961.50M$1.73$2.7056.07%Strong Buy124.25%N/A-7.51%-6.89%
REKR
REKOR SYSTEMS INC
$158.35M$2.29N/AN/AN/AN/A149.81%N/AN/AN/A
RPAY
REPAY HOLDINGS CORP
$820.24M$8.16$10.0022.55%Strong Buy67.65%N/AN/AN/A
VERI
VERITONE INC
$71.88M$1.94$1.85-4.64%Hold1-5.58%N/AN/AN/A
EVCM
EVERCOMMERCE INC
$1.83B$9.72$11.6019.34%Buy58.99%N/AN/AN/A
GB
GLOBAL BLUE GROUP HOLDING AG
$897.18M$4.71$8.0069.85%Strong Buy1N/AN/AN/AN/A
NTCT
NETSCOUT SYSTEMS INC
$1.51B$21.29N/AN/AN/AN/A0.45%N/AN/AN/A
NTNX
NUTANIX INC
$13.21B$54.43$54.08-0.64%Strong Buy1213.93%N/AN/AN/A
AUID
AUTHID INC
$82.06M$10.42N/AN/AN/AN/AN/AN/AN/AN/A
OSPN
ONESPAN INC
$379.73M$9.52N/AN/AN/AN/AN/AN/AN/AN/A

Software Infrastructure Stocks FAQ

What are the best software infrastructure stocks to buy right now in Feb 2024?

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

1. Gigacloud Technology (NASDAQ:GCT)


Gigacloud Technology (NASDAQ:GCT) is the top software infrastructure stock with a Zen Score of 64, which is 36 points higher than the software infrastructure industry average of 28. It passed 21 out of 33 due diligence checks and has strong fundamentals. Gigacloud Technology has seen its stock return 435.74% over the past year, overperforming other software infrastructure stocks by 407 percentage points.

Gigacloud Technology has an average 1 year price target of $18.00, a downside of -34.38% from Gigacloud Technology's current stock price of $27.43.

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.

2. Dlocal (NASDAQ:DLO)


Dlocal (NASDAQ:DLO) is the second best software infrastructure stock with a Zen Score of 59, which is 31 points higher than the software infrastructure industry average of 28. It passed 20 out of 33 due diligence checks and has strong fundamentals. Dlocal has seen its stock return 3.57% over the past year, underperforming other software infrastructure stocks by -25 percentage points.

Dlocal has an average 1 year price target of $22.00, an upside of 38.02% from Dlocal's current stock price of $15.94.

Dlocal stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Dlocal, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Microsoft (NASDAQ:MSFT)


Microsoft (NASDAQ:MSFT) is the third best software infrastructure stock with a Zen Score of 56, which is 28 points higher than the software infrastructure industry average of 28. It passed 21 out of 38 due diligence checks and has strong fundamentals. Microsoft has seen its stock return 59.17% over the past year, overperforming other software infrastructure stocks by 31 percentage points.

Microsoft has an average 1 year price target of $443.96, an upside of 10.39% from Microsoft's current stock price of $402.18.

Microsoft stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Microsoft, 60% have issued a Strong Buy rating, 40% 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 software infrastructure stocks with highest dividends?

Out of 8 software infrastructure stocks that have issued dividends in the past year, the 3 software infrastructure stocks with the highest dividend yields are:

1. Virnetx Holding (NYSE:VHC)


Virnetx Holding (NYSE:VHC) has an annual dividend yield of 287.77%, which is 250 percentage points higher than the software infrastructure industry average of 37.33%. 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 -159.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Gen Digital (NASDAQ:GEN)


Gen Digital (NASDAQ:GEN) has an annual dividend yield of 2.32%, which is -35 percentage points lower than the software infrastructure industry average of 37.33%. 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.

3. Csg Systems International (NASDAQ:CSGS)


Csg Systems International (NASDAQ:CSGS) has an annual dividend yield of 2.11%, which is -35 percentage points lower than the software infrastructure industry average of 37.33%. 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 50.7% indicates that its dividend yield is sustainable for the long-term.

Why are software infrastructure stocks down?

Software infrastructure stocks were down -3.62% in the last day, and down -6.81% over the last week. Palo Alto Networks was the among the top losers in the software - infrastructure industry, dropping -28.44% yesterday.

Palo Alto Networks shares are trading lower after the company issued Q3 adjusted EPS and total revenue guidance below estimates.

What are the most undervalued software infrastructure stocks?

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

1. Amdocs (NASDAQ:DOX)


Amdocs (NASDAQ:DOX) is the most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Amdocs has a valuation score of 86, which is 63 points higher than the software infrastructure industry average of 23. It passed 6 out of 7 valuation due diligence checks.

Amdocs's stock has dropped -5.72% in the past year. It has underperformed other stocks in the software infrastructure industry by -34 percentage points.

2. Check Point Software Technologies (NASDAQ:CHKP)


Check Point Software Technologies (NASDAQ:CHKP) is the second most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Check Point Software Technologies has a valuation score of 71, which is 48 points higher than the software infrastructure industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Check Point Software Technologies's stock has gained 23.53% in the past year. It has underperformed other stocks in the software infrastructure industry by -5 percentage points.

3. Akamai Technologies (NASDAQ:AKAM)


Akamai Technologies (NASDAQ:AKAM) is the third most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Akamai Technologies has a valuation score of 71, which is 48 points higher than the software infrastructure industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Akamai Technologies's stock has gained 40.26% in the past year. It has overperformed other stocks in the software infrastructure industry by 12 percentage points.

Are software infrastructure stocks a good buy now?

41.28% of software infrastructure stocks rated by analysts are a buy right now. On average, analysts expect software infrastructure stocks to rise by 10.44% over the next year.

What is the average p/e ratio of the software - infrastructure industry?

The average P/E ratio of the software - infrastructure industry is -47.36x.
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.