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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
DLO
DLOCAL LTD
Uruguay
$4.22B290,657,01543.67%0.00%
GCT
GIGACLOUD TECHNOLOGY INC
Hong Kong
$1.51B40,797,42414.61%21.83%Net SellingNet Selling
ODD
ODDITY TECH LTD
Israel
$1.89B56,866,67539.00%0.00%
MSFT
MICROSOFT CORP
United States
$3.03T7,430,436,22971.15%6.24%Net SellingNet Selling
PAYS
PAYSIGN INC
United States
$236.77M52,968,37411.90%88.10%Net BuyingNet Buying
DAVA
ENDAVA PLC
United Kingdom
$1.77B58,300,69161.65%0.00%
PANW
PALO ALTO NETWORKS INC
United States
$94.83B323,100,00079.69%5.19%Net SellingNet Selling
DOX
AMDOCS LTD
United Kingdom
$10.09B116,502,00092.83%0.00%
IMXI
INTERNATIONAL MONEY EXPRESS INC
United States
$738.40M33,732,40947.27%52.73%Net SellingNet Selling
PAGS
PAGSEGURO DIGITAL LTD
Cayman Islands
$3.91B329,608,22645.86%0.00%
FFIV
F5 INC
United States
$10.60B58,806,23290.53%1.52%Net SellingNet Selling
FTNT
FORTINET INC
United States
$49.44B763,030,94863.75%14.64%Net SellingNet Buying
SPSC
SPS COMMERCE INC
United States
$6.31B36,973,66593.47%6.53%Net SellingNet Selling
CSGS
CSG SYSTEMS INTERNATIONAL INC
United States
$1.46B29,443,28492.53%7.47%Net SellingNet Selling
QLYS
QUALYS INC
United States
$6.34B36,977,25970.70%29.30%Net SellingNet Selling
CPAY
CORPAY INC
United States
$22.03B71,853,59950.73%49.27%Net BuyingNet Buying
CHKP
CHECK POINT SOFTWARE TECHNOLOGIES LTD
Israel
$18.16B112,906,42769.24%0.00%
AKAM
AKAMAI TECHNOLOGIES INC
United States
$15.42B151,530,30091.83%8.17%Net SellingNet Selling
VRNT
VERINT SYSTEMS INC
United States
$1.89B62,376,54676.34%23.66%Net SellingNet Selling
TIXT
TELUS INTERNATIONAL (CDA) INC
Canada
$2.20B274,000,00014.74%0.00%
WEX
WEX INC
United States
$9.77B41,734,80282.50%17.50%Net SellingNet Selling
EEFT
EURONET WORLDWIDE INC
United States
$4.84B45,782,74091.46%7.39%Net SellingNet Selling
STNE
STONECO LTD
Cayman Islands
$4.96B314,247,52066.40%0.00%
ATEN
A10 NETWORKS INC
United States
$1.00B74,495,33350.58%49.42%Net SellingNet Selling
RELY
REMITLY GLOBAL INC
United States
$3.55B188,505,17370.30%29.70%Net SellingNet Selling
ADBE
ADOBE INC
United States
$211.86B448,000,00082.63%0.73%Net SellingNet Selling
BOX
BOX INC
United States
$3.94B144,353,06086.15%5.87%Net SellingNet Buying
CINT
CI&T INC
Cayman Islands
$525.55M134,412,0146.90%0.00%
CRWD
CROWDSTRIKE HOLDINGS INC
United States
$72.48B241,868,65867.40%2.43%Net SellingNet Selling
PLTR
PALANTIR TECHNOLOGIES INC
United States
$47.88B2,212,732,99238.89%6.37%Net SellingNet Selling
FLYW
FLYWIRE CORP
United States
$2.63B122,828,31473.06%26.94%Net SellingNet Selling
SNPS
SYNOPSYS INC
United States
$80.47B152,543,69085.36%0.82%Net SellingNet Selling
CFLT
CONFLUENT INC
United States
$8.92B312,621,86461.75%7.61%Net SellingNet Selling
ORCL
ORACLE CORP
United States
$316.33B2,748,514,00042.71%42.14%Net SellingNet Buying
EVTC
EVERTEC INC
Puerto Rico
$2.53B65,450,79996.80%3.20%Net BuyingNet Buying
PAY
PAYMENTUS HOLDINGS INC
United States
$2.50B123,922,52813.02%3.73%Net SellingNet Selling
ARBE
ARBE ROBOTICS LTD
Israel
$142.36M78,221,55717.40%0.00%
VRSN
VERISIGN INC
United States
$18.51B100,000,00075.75%24.25%Net SellingNet Selling
HCP
HASHICORP INC
United States
$5.82B199,545,23649.78%1.54%Net SellingNet Selling
TOST
TOAST INC
United States
$12.71B548,000,00064.30%9.56%Net SellingNet Selling
S
SENTINELONE INC
United States
$6.57B310,007,78374.25%3.02%Net SellingNet Selling
RAMP
LIVERAMP HOLDINGS INC
United States
$2.20B66,183,73155.37%44.63%Net SellingNet Selling
SQ
BLOCK INC
United States
$46.31B615,693,00062.33%4.56%Net SellingNet Selling
PAYO
PAYONEER GLOBAL INC
United States
$1.91B368,751,08081.30%18.70%Net SellingNet Selling
TLS
TELOS CORP
United States
$241.90M70,319,62035.87%64.13%Net BuyingNet Selling
NVEI
NUVEI CORP
Canada
$4.47B139,428,33922.20%0.00%
HOOD
ROBINHOOD MARKETS INC
United States
$15.41B874,547,46956.89%43.11%Net SellingNet Selling
BKKT
BAKKT HOLDINGS INC
United States
$128.99M321,681,5489.51%9.90%Net SellingNet Buying
PGY
PAGAYA TECHNOLOGIES LTD
Israel
$581.94M62,980,03193.31%6.69%Net BuyingNet Buying
PATH
UIPATH INC
United States
$11.12B569,012,25737.80%62.20%Net SellingNet Selling
VRNS
VARONIS SYSTEMS INC
United States
$4.89B109,103,72168.03%31.97%Net SellingNet Selling
AVDX
AVIDXCHANGE HOLDINGS INC
United States
$2.46B204,324,27975.61%24.39%Net SellingNet Selling
IOT
SAMSARA INC
United States
$18.56B550,522,67132.81%9.31%Net SellingNet Selling
TUYA
TUYA INC
China
$960.96M555,466,0615.88%0.00%
BASE
COUCHBASE INC
United States
$1.19B49,262,70738.81%61.19%Net SellingNet Selling
OKTA
OKTA INC
United States
$15.80B167,397,16380.00%4.46%Net SellingNet Selling
WIX
WIXCOM LTD
Israel
$7.10B57,172,59582.39%0.00%
ALAR
ALARUM TECHNOLOGIES LTD
Israel
$157.08M59,681,6320.32%0.00%
ZS
ZSCALER INC
United States
$26.51B149,857,97645.64%44.26%Net SellingNet Selling
TENB
TENABLE HOLDINGS INC
United States
$5.45B118,119,88766.64%33.36%Net SellingNet Selling
TDC
TERADATA CORP
United States
$3.58B97,400,00090.21%5.24%Net SellingNet Selling
AVPT
AVEPOINT INC
United States
$1.46B184,010,83244.47%51.96%Net SellingNet Selling
NET
CLOUDFLARE INC
United States
$29.67B337,659,24573.82%16.13%Net SellingNet Selling
MLGO
MICROALGO INC
United States
$11.97M5,160,6711.48%98.52%
NN
NEXTNAV INC
United States
$962.91M111,189,98339.87%58.81%Net BuyingNet Buying
BLZE
BACKBLAZE INC
United States
$383.98M41,200,00025.96%26.87%Net SellingNet Selling
MDB
MONGODB INC
United States
$26.68B72,831,10888.27%11.59%Net SellingNet Selling
ACIW
ACI WORLDWIDE INC
United States
$3.56B106,412,71695.41%4.59%Net SellingNet Selling
GRRR
GORILLA TECHNOLOGY GROUP INC
Cayman Islands
$39.74M7,173,79912.77%14.78%
DOCN
DIGITALOCEAN HOLDINGS INC
United States
$2.97B90,796,69536.45%63.55%Net BuyingNet Selling
VHC
VIRNETX HOLDING CORP
United States
$20.47M3,681,9702.32%97.68%Net Buying
APPN
APPIAN CORP
United States
$2.69B73,401,08039.21%60.79%Net SellingNet Selling
CYBR
CYBERARK SOFTWARE LTD
Israel
$10.15B42,255,33691.75%0.00%
FIVN
FIVE9 INC
United States
$4.41B73,326,60868.60%31.40%Net SellingNet Selling
USIO
USIO INC
United States
$38.99M26,342,4596.45%93.55%Net BuyingNet Buying
STEM
STEM INC
United States
$268.22M157,773,62061.54%37.25%Net SellingNet Selling
GEN
GEN DIGITAL INC
United States
$13.17B636,909,96581.25%15.33%Net BuyingNet Buying
SOS
SOS LTD
China
$9.19M82,809,7990.17%0.00%
CLBT
CELLEBRITE DI LTD
Israel
$2.20B205,297,06542.14%0.00%
LSAK
LESAKA TECHNOLOGIES INC
South Africa
$259.52M62,385,66210.77%89.23%Net Buying
BB
BLACKBERRY LTD
Canada
$1.70B589,233,60648.81%9.77%Net SellingNet Buying
ARQQ
ARQIT QUANTUM INC
United Kingdom
$81.61M163,554,2694.35%0.00%
RVYL
RYVYL INC
United States
$9.87M5,995,9720.10%99.90%Net BuyingNet Buying
GDDY
GODADDY INC
United States
$17.58B142,478,40259.64%40.36%Net SellingNet Selling
FOUR
SHIFT4 PAYMENTS INC
United States
$5.32B86,191,71468.55%3.85%Net SellingNet Selling
ZUO
ZUORA INC
United States
$1.42B145,999,99973.73%5.72%Net SellingNet Selling
BAND
BANDWIDTH INC
United States
$476.81M26,270,68968.48%13.48%Net SellingNet Selling
EVCM
EVERCOMMERCE INC
United States
$1.74B186,533,05557.67%42.33%Net SellingNet Selling
IIIV
I3 VERTICALS INC
United States
$783.25M33,372,56461.90%11.65%Net Buying
MQ
MARQETA INC
United States
$2.90B513,811,11160.20%0.58%Net SellingNet Selling
ALLT
ALLOT LTD
Israel
$81.36M38,376,93950.42%4.44%
JG
AURORA MOBILE LTD
China
$18.56M78,831,9420.56%0.00%
CCSI
CONSENSUS CLOUD SOLUTIONS INC
United States
$242.43M19,210,37988.08%11.92%Net SellingNet Selling
ATGL
ALPHA TECHNOLOGY GROUP LTD
Hong Kong
$40.90M15,262,5000.00%0.00%
RPAY
REPAY HOLDINGS CORP
United States
$1.02B101,516,94668.46%31.54%Net SellingNet Selling
REKR
REKOR SYSTEMS INC
United States
$157.00M85,324,91845.22%27.48%Net BuyingNet Buying
NTNX
NUTANIX INC
United States
$14.92B244,329,16683.03%7.80%Net SellingNet Selling
ALTR
ALTAIR ENGINEERING INC
United States
$6.91B82,489,00066.54%5.82%Net SellingNet Selling
NTCT
NETSCOUT SYSTEMS INC
United States
$1.42B71,035,05379.78%20.22%Net SellingNet Selling
SCWX
SECUREWORKS CORP
United States
$508.53M88,287,00111.05%12.63%Net SellingNet Selling

Software Infrastructure Stocks FAQ

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

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

1. Dlocal (NASDAQ:DLO)


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 2.47% over the past year, underperforming other software infrastructure stocks by -12 percentage points.

Dlocal has an average 1 year price target of $18.71, an upside of 28.8% from Dlocal's current stock price of $14.53.

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.

2. Gigacloud Technology (NASDAQ:GCT)


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 598.11% over the past year, overperforming other software infrastructure stocks by 584 percentage points.

Gigacloud Technology has an average 1 year price target of $35.00, a downside of -5.41% from Gigacloud Technology's current stock price of $37.00.

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.

3. Oddity Tech (NASDAQ:ODD)


Oddity Tech (NASDAQ:ODD) is the third 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.

Oddity Tech has an average 1 year price target of $53.67, an upside of 61.79% from Oddity Tech's current stock price of $33.17.

Oddity Tech stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Oddity Tech, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% 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 9 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 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.

2. Solarwinds (NYSE:SWI)


Solarwinds (NYSE:SWI) has an annual dividend yield of 8.95%, which is 6 percentage points higher than the software infrastructure industry average of 2.52%.

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

3. Gen Digital (NASDAQ:GEN)


Gen Digital (NASDAQ:GEN) has an annual dividend yield of 2.42%, which is the same as the software infrastructure industry average of 2.52%. 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.

Why are software infrastructure stocks up?

Software infrastructure stocks were up 2.36% in the last day, and up 1.05% over the last week. Mongodb was the among the top gainers in the software - infrastructure industry, gaining 7.69% yesterday.

MongoDB shares are trading higher after Loop Capital initiated coverage on the stock with a Buy rating and $415 price target.

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. Akamai Technologies (NASDAQ:AKAM)


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 62 points higher than the software infrastructure industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Akamai Technologies's stock has gained 26.17% in the past year. It has overperformed other stocks in the software infrastructure industry by 12 percentage points.

2. International Money Express (NASDAQ:IMXI)


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 62 points higher than the software infrastructure industry average of 24. It passed 6 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -13.13% in the past year. It has underperformed other stocks in the software infrastructure industry by -27 percentage points.

3. Amdocs (NASDAQ:DOX)


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 62 points higher than the software infrastructure industry average of 24. It passed 6 out of 7 valuation due diligence checks.

Amdocs's stock has dropped -4.95% in the past year. It has underperformed other stocks in the software infrastructure industry by -19 percentage points.

Are software infrastructure stocks a good buy now?

39.09% of software infrastructure stocks rated by analysts are a strong buy right now. On average, analysts expect software infrastructure stocks to rise by 19.69% 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 79.01x.
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.