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:

Oddity Tech (NASDAQ:ODD) 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. Oddity Tech has seen its stock return 33.87% over the past year, overperforming other software infrastructure stocks by 54 percentage points.

Oddity Tech has an average 1 year price target of $49.50, an upside of 23.26% from Oddity Tech's current stock price of $40.16.

Oddity Tech stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Oddity Tech, 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 174.64% over the past year, overperforming other software infrastructure stocks by 195 percentage points.

Gigacloud Technology has an average 1 year price target of $59.50, an upside of 139.92% from Gigacloud Technology's current stock price of $24.80.

Gigacloud Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts 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.

Euronet Worldwide (NASDAQ:EEFT) is the third best software infrastructure stock with a Zen Score of 59, which is 29 points higher than the software infrastructure industry average of 30. It passed 19 out of 33 due diligence checks and has strong fundamentals. Euronet Worldwide has seen its stock return 29.81% over the past year, overperforming other software infrastructure stocks by 50 percentage points.

Euronet Worldwide has an average 1 year price target of $129.67, an upside of 30.94% from Euronet Worldwide's current stock price of $99.03.

Euronet Worldwide stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Euronet Worldwide, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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:

Solarwinds (NYSE:SWI) has an annual dividend yield of 7.77%, which is 6 percentage points higher than the software infrastructure industry average of 2.24%.

Solarwinds's dividend payout ratio of 769.2% 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 2.43%, which is the same as the software infrastructure industry average of 2.24%. 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 52% indicates that its dividend yield is sustainable for the long-term.

Amdocs (NASDAQ:DOX) has an annual dividend yield of 2.1%, which is the same as the software infrastructure industry average of 2.24%. Amdocs's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Amdocs's dividend has shown consistent growth over the last 10 years.

Amdocs's dividend payout ratio of 41.7% indicates that its dividend yield is sustainable for the long-term.

Software infrastructure stocks were up 0.11% in the last day, and up 5.52% over the last week. Affirm was the among the top gainers in the software - infrastructure industry, gaining 4.63% yesterday.

Affirm Holdings shares are trading higher after Wedbush upgraded the stock from Underperform to Neutral and raised the price target from $25 to $45.

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

Euronet Worldwide (NASDAQ:EEFT) is the most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Euronet Worldwide has a valuation score of 86, which is 66 points higher than the software infrastructure industry average of 20. It passed 6 out of 7 valuation due diligence checks.

Euronet Worldwide's stock has gained 29.81% in the past year. It has overperformed other stocks in the software infrastructure industry by 50 percentage points.

Consensus Cloud Solutions (NASDAQ:CCSI) is the second most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Consensus Cloud Solutions has a valuation score of 86, which is 66 points higher than the software infrastructure industry average of 20. It passed 6 out of 7 valuation due diligence checks.

Consensus Cloud Solutions's stock has dropped -15.48% in the past year. It has overperformed other stocks in the software infrastructure industry by 5 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 66 points higher than the software infrastructure industry average of 20. It passed 6 out of 7 valuation due diligence checks.

Amdocs's stock has gained 8.89% in the past year. It has overperformed other stocks in the software infrastructure industry by 29 percentage points.