Sectors & IndustriesTechnology
Best Tech Stocks to Buy Now (2024)
Top tech stocks in 2024 ranked by overall Zen Score. See the best tech stocks to buy now, according to analyst forecasts for the technology sector.

Sector: Technology

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
TCX	TUCOWS INC	$17.95	16,239	-52.85%	17.76	17.84	18.56	21.06	21.47	48.32	45.75	38.15	73.28	61.47	-0.23	-0.32	0.09	0.95
XTKG	X3 HOLDINGS CO LTD	$0.64	51,236	-32.22%	0.62	0.66	0.67	0.88	1.11	48.91	22.42	17.57	40.26	19.79	-0.02	-0.02	-0.00	0.67
MKSI	MKS INSTRUMENTS INC	$120.75	480,722	-4.10%	114.91	121.68	123.51	112.98	100.20	50.75	40.89	29.31	59.00	42.75	-2.81	-2.31	-0.50	1.64
AISP	AIRSHIP AI HOLDINGS INC	$7.43	411,253	-11.44%	7.68	8.38	6.84	5.61	8.16	47.93	20.11	19.93	27.42	27.54	-0.07	0.20	-0.26	-0.32
MRVL	MARVELL TECHNOLOGY INC	$69.62	10,564,961	-3.57%	65.87	69.02	69.80	66.43	61.28	53.27	45.27	30.04	63.71	42.86	-1.14	-1.07	-0.08	1.58
DXC	DXC TECHNOLOGY CO	$20.08	1,338,298	5.88%	20.27	20.64	20.87	21.91	22.01	44.06	36.40	45.83	44.78	54.58	-0.17	-0.18	0.01	1.64
EMKR	EMCORE CORP	$2.73	178,693	42.13%	2.81	3.00	3.61	4.33	4.90	35.95	47.87	44.91	86.25	86.13	-0.26	-0.30	0.04	0.88
APCX	APPTECH PAYMENTS CORP	$0.86	81,551	3.08%	0.91	0.94	1.35	1.51	2.09	31.35	33.91	33.72	62.94	55.91	-0.13	-0.14	0.02	-0.50
SGN	SIGNING DAY SPORTS INC	$0.30	85,420	243.89%	10.22	10.21	10.19	10.16	N/A	53.17	15.88	16.16	20.37	14.63	0.01	0.01	-0.00	1.99
NUKK	NUKKLEUS INC	$0.89	42,445	-0.36%	0.89	0.90	0.94	2.40	6.91	46.30	49.07	51.95	66.41	78.13	-0.02	-0.03	0.01	-0.15
ST	SENSATA TECHNOLOGIES HOLDING PLC	$34.98	1,173,906	43.32%	34.01	34.91	35.00	35.10	36.20	51.96	39.54	30.69	66.04	52.09	-0.31	-0.32	0.00	1.19
INFA	INFORMATICA INC	$31.90	1,065,950	-46.41%	33.45	35.18	34.21	31.58	26.33	36.32	18.71	17.14	7.97	5.27	-0.73	-0.04	-0.68	1.50
LYT	LYTUS TECHNOLOGIES HOLDINGS PTV LTD	$4.15	104,000	3.63%	3.94	3.96	4.15	5.32	10.75	50.47	55.47	58.11	80.91	86.09	-0.08	-0.17	0.09	1.97
UAVS	AGEAGLE AERIAL SYSTEMS INC	$0.68	170,631	122.67%	0.68	0.69	0.91	1.41	2.43	41.86	51.90	54.82	76.58	85.38	-0.06	-0.08	0.02	1.16
CISO	CISO GLOBAL INC	$1.13	10,306	-57.28%	1.18	1.22	1.37	1.45	1.86	40.84	27.73	25.41	41.02	31.14	-0.05	-0.05	-0.00	0.74
WRAP	WRAP TECHNOLOGIES INC	$1.84	222,976	34.97%	1.96	2.07	2.73	2.97	2.43	33.23	13.35	20.26	54.21	68.87	-0.21	-0.24	0.03	1.16
SQNS	SEQUANS COMMUNICATIONS	$0.53	53,287	-67.31%	0.54	0.52	0.77	1.81	2.28	41.30	46.36	45.35	70.95	69.05	-0.07	-0.10	0.03	0.97
MLNK	MERIDIANLINK INC	$17.50	178,758	39.58%	10.56	9.89	8.79	8.62	8.81	65.39	85.34	85.07	98.14	96.34	0.57	0.52	0.05	1.09
GBTG	GLOBAL BUSINESS TRAVEL GROUP INC	$6.00	528,343	265.64%	5.97	5.97	5.86	5.94	5.96	55.38	71.05	74.94	64.67	65.50	0.04	0.04	0.00	0.35
POET	POET TECHNOLOGIES INC	$2.50	3,265,254	-23.24%	1.48	1.35	1.34	1.20	2.12	75.27	86.10	84.14	87.99	93.19	0.19	0.04	0.15	0.89
CLVT	CLARIVATE PLC	$7.12	4,519,031	47.83%	7.00	7.21	7.45	8.17	7.77	45.87	45.06	45.57	51.64	53.44	-0.12	-0.14	0.02	1.02
LKCO	LUOKUNG TECHNOLOGY CORP	$0.49	86,490	135.59%	0.52	0.55	0.66	0.60	0.77	30.63	26.63	20.13	39.82	31.02	-0.04	-0.04	-0.00	0.92
UMAC	UNUSUAL MACHINES INC	$1.42	28,548	50.02%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.65
CAMP	CALAMP CORP	$3.30	4,247	-80.69%	3.16	3.11	3.05	4.00	8.00	54.48	75.46	83.10	64.41	74.39	0.04	0.02	0.02	1.41
FCUV	FOCUS UNIVERSAL INC	$0.32	20,137,655	35,967.01%	0.29	0.32	0.40	0.89	1.34	43.63	21.21	21.95	80.58	81.28	-0.05	-0.06	0.01	0.53
NTRP	NEXTTRIP INC	$2.77	975	-21.24%	3.05	3.56	3.63	3.49	3.89	34.28	13.49	14.39	23.26	22.65	-0.31	-0.20	-0.11	0.91
MRDB	MARIADB PLC	$0.53	268,093	-69.09%	0.49	0.48	0.38	0.33	0.47	61.02	84.81	75.21	61.50	52.69	0.04	0.04	0.00	0.52
EZFL	EZFILL HOLDINGS INC	$2.41	10,698	108.78%	2.36	2.32	1.97	1.80	2.11	60.71	62.65	62.80	20.09	18.83	0.13	0.15	-0.01	0.23
WAVD	WAVEDANCER INC	$2.30	8,718	-63.97%	2.06	2.45	2.53	2.16	2.58	47.10	34.65	23.21	57.10	29.29	-0.20	-0.17	-0.03	0.57
KNW	KNOW LABS INC	$0.65	52,391	329.96%	0.60	0.63	0.65	0.58	0.56	53.16	62.18	54.52	82.18	68.86	-0.01	-0.01	0.00	0.38
DBD	DIEBOLD NIXDORF INC	$32.03	59,643	-43.28%	61.95	63.02	63.38	60.47	53.55	50.47	48.95	49.63	62.44	57.93	-0.19	-0.25	0.05	0.71
MRT	MARTI TECHNOLOGIES INC	$1.50	166,383	-42.59%	11.99	12.63	13.61	13.81	14.83	33.51	24.32	23.27	43.31	35.07	-0.52	-0.49	-0.03	-0.03
XTIA	XTI AEROSPACE INC	$2.50	147,579	10.10%	2.87	3.01	3.53	4.60	8.83	42.95	9.30	12.97	0.93	4.88	-0.22	-0.20	-0.01	1.18
SATX	SATIXFY COMMUNICATIONS LTD	$0.60	22,275	23.22%	0.56	0.58	0.59	0.50	0.48	54.24	55.38	49.51	91.85	82.21	-0.01	-0.01	0.00	1.36
RMCO	ROYALTY MANAGEMENT HOLDING CORP	$0.96	7,608	-65.21%	0.97	1.05	1.22	1.59	5.55	39.03	18.42	17.67	54.22	49.57	-0.09	-0.09	0.00	0.02
ZEPP	ZEPP HEALTH CORP	$0.85	51,560	46.76%	0.85	0.90	1.05	1.25	1.21	35.31	13.17	12.79	51.01	43.50	-0.06	-0.07	0.01	0.87
PHUN	PHUNWARE INC	$6.38	524,861	27.05%	6.32	7.07	9.16	9.37	10.87	38.31	19.49	17.02	64.62	56.73	-0.93	-0.99	0.06	1.19
ARBB	ARB IOT GROUP LTD	$1.07	55,725	-39.63%	5.30	5.63	5.99	6.89	8.28	47.33	42.70	36.12	60.29	53.62	-0.23	-0.25	0.01	-0.23
OMQS	OMNIQ CORP	$0.39	211,250	-89.71%	0.49	0.44	0.48	0.53	1.15	44.86	19.26	22.36	37.45	42.10	-0.02	-0.01	-0.01	0.28
NATL	NCR ATLEOS CORP	$21.06	388,543	10.44%	1.67	1.70	2.09	2.38	N/A	37.78	23.63	30.11	53.33	58.29	-0.13	-0.15	0.02	0.72
TURB	TURBO ENERGY SA	$1.15	20,153	726.28%	3.22	3.52	4.07	4.88	N/A	30.35	9.21	9.39	24.96	25.31	-0.34	-0.30	-0.05	0.61
OST	OSTIN TECHNOLOGY GROUP CO LTD	$0.42	24,421	-42.52%	0.44	0.46	0.50	0.60	0.71	45.09	16.85	25.84	57.39	63.75	-0.02	-0.02	-0.00	0.89
FRGT	FREIGHT TECHNOLOGIES INC	$1.00	28,760,463	1,357.52%	0.91	1.01	1.40	2.22	3.33	40.33	18.40	14.18	82.85	69.12	-0.15	-0.18	0.03	0.58
NOTE	FISCALNOTE HOLDINGS INC	$1.37	491,568	-20.88%	1.21	1.25	1.50	1.33	1.75	53.77	55.56	43.48	85.57	70.02	-0.06	-0.08	0.02	0.73
ISDR	ISSUER DIRECT CORP	$11.95	1,387	116.72%	11.67	12.06	13.12	14.37	16.61	44.41	24.40	19.54	59.40	50.16	-0.40	-0.45	0.06	0.37
MOGO	MOGO INC	$1.87	29,663	13.47%	1.86	1.91	1.92	1.83	1.74	47.28	30.95	28.97	41.63	38.22	-0.02	-0.01	-0.01	1.35
BNZI	BANZAI INTERNATIONAL INC	$0.36	254,033	41.36%	0.36	0.43	0.62	2.17	6.36	25.61	17.07	14.46	44.28	22.45	-0.10	-0.12	0.01	0.07
MODN	MODEL N INC	$29.64	438,311	-67.18%	29.66	29.05	27.02	26.63	26.67	66.08	37.24	56.05	27.06	48.82	0.75	0.83	-0.09	0.98
ALIT	ALIGHT INC	$9.11	2,059,833	-25.66%	9.11	9.27	9.28	8.93	8.33	44.47	28.04	32.94	38.45	48.18	-0.06	-0.04	-0.02	1.06
RBRK	RUBRIK INC	$38.00	5,079,901	-71.75%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SLNH	SOLUNA HOLDINGS INC	$2.54	81,568	123.49%	2.16	2.37	2.95	3.20	4.13	50.31	76.10	69.50	98.03	97.64	-0.16	-0.25	0.09	1.31
VYX	NCR VOYIX CORP	$12.13	1,610,433	-15.77%	12.08	12.21	12.85	14.28	19.06	43.37	25.19	26.29	53.04	56.24	-0.21	-0.26	0.05	1.59
XELA	EXELA TECHNOLOGIES INC	$2.02	68,673	-19.65%	2.09	2.32	2.35	2.60	3.31	39.61	15.71	13.25	13.34	7.34	-0.14	-0.09	-0.05	1.42
NA	NANO LABS LTD	$0.48	1,190,835	53.03%	0.48	0.96	1.47	1.55	1.44	32.00	3.21	2.12	6.75	3.30	-0.34	-0.30	-0.04	1.16
LPL	LG DISPLAY CO LTD	$3.95	86,748	-47.14%	3.90	3.96	4.10	4.43	4.72	46.74	70.37	72.84	80.54	89.67	-0.05	-0.07	0.02	1.06
NVNI	NVNI GROUP LTD	$1.44	1,496	633.33%	18.75	18.94	18.83	19.61	N/A	50.74	32.86	32.67	26.59	26.73	-0.02	-0.02	-0.00	1.78
YIBO	PLANET IMAGE INTERNATIONAL LTD	$2.33	2,848	-33.08%	10.51	10.47	9.86	N/A	N/A	55.67	70.93	76.00	57.96	76.81	0.17	0.16	0.01	-0.24
ELWS	EARLYWORKS CO LTD	$0.66	7,989,057	761.85%	10.49	10.49	10.45	10.40	N/A	59.88	83.33	90.28	43.29	42.67	0.01	0.01	-0.00	0.54
JFU	9F INC	$3.12	6,412	36.51%	3.05	3.18	3.26	3.23	3.22	48.58	57.03	57.08	79.68	79.03	-0.04	-0.06	0.03	0.50
AUUD	AUDDIA INC	$1.77	125,562	-18.49%	1.96	2.05	2.77	4.49	6.09	41.83	5.31	7.03	20.01	32.82	-0.26	-0.27	0.01	1.35
LEDS	SEMILEDS CORP	$1.59	13,802	-11.16%	1.57	1.54	1.52	1.46	1.60	54.65	42.31	44.02	62.17	66.28	0.02	0.02	0.00	0.72
ASTS	AST SPACEMOBILE INC	$2.23	1,429,129	-17.18%	2.13	2.18	2.71	3.53	3.73	43.76	54.63	46.17	97.12	96.19	-0.16	-0.20	0.04	0.83
SYNX	SILYNXCOM LTD	$3.24	1,065	-51.19%	6.29	6.24	6.30	6.84	8.05	44.18	24.27	49.85	10.01	41.34	-0.02	-0.01	-0.01	-1.75
MINM	MINIM INC	$3.72	14,178	-86.61%	4.11	4.85	5.15	4.20	3.04	35.71	13.68	9.60	10.19	5.91	-0.50	-0.32	-0.18	0.68
MNY	MONEYHERO LTD	$2.32	1,516,840	-80.54%	2.09	2.13	2.01	1.82	4.49	58.48	38.35	26.17	64.66	32.66	0.06	0.06	0.00	0.20
CORZ	CORE SCIENTIFIC INC	$3.48	1,263,034	-60.38%	0.72	0.79	4.16	N/A	N/A	32.25	67.77	59.66	89.56	94.85	-0.70	-0.98	0.28	1.40
CAUD	COLLECTIVE AUDIENCE INC	$0.39	383,403	358.29%	0.08	0.08	0.07	0.06	0.05	51.05	73.33	75.31	37.26	40.09	0.00	0.00	-0.00	-0.19
LDTC	LEDDARTECH HOLDINGS INC	$2.26	8,285	206.40%	2.21	2.29	3.18	4.16	7.42	31.23	20.39	15.10	98.79	96.87	-0.27	-0.32	0.06	-0.05
RYDE	RYDE GROUP LTD	$3.32	224,015	-18.64%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-1.74
MOBX	MOBIX LABS INC	$3.50	602,526	247.94%	19.88	20.06	20.25	20.44	19.94	42.44	18.35	32.97	33.30	50.25	-0.15	-0.13	-0.02	0.03
WISA	WISA TECHNOLOGIES INC	$5.30	4,567,140	-58.41%	5.63	4.41	4.90	10.63	54.09	51.30	44.99	43.00	63.24	62.24	0.24	-0.04	0.29	0.67
ROMA	ROMA GREEN FINANCE LTD	$0.77	74,206	-21.87%	10.78	10.63	10.51	N/A	N/A	43.02	69.78	89.93	66.67	88.89	0.11	0.09	0.01	5.02
MFI	MF INTERNATIONAL LTD	$2.33	21,002,271	3,561.22%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-31.97
ENV	ENVESTNET INC	$62.15	388,020	-4.81%	61.72	59.83	55.97	52.55	50.02	62.87	51.99	52.14	63.60	65.51	1.89	1.82	0.07	1.13
ASNS	ACTELIS NETWORKS INC	$0.78	9,594	410.86%	0.74	0.84	0.99	1.08	1.28	41.49	40.88	38.25	93.22	85.06	-0.07	-0.08	0.00	0.72
ZPTA	ZAPATA COMPUTING HOLDINGS INC	$1.58	964,027	-36.75%	1.79	2.52	6.97	8.94	9.83	26.82	5.13	3.68	17.46	12.18	-1.72	-1.85	0.14	0.00
INTZ	INTRUSION INC	$1.98	189,199	-63.83%	1.92	2.46	3.33	4.12	8.01	38.94	19.42	15.07	47.54	34.81	-0.48	-0.47	-0.01	0.66
HUBC	HUB CYBER SECURITY LTD	$1.08	1,262,567	-14.90%	1.38	1.24	1.18	1.56	2.83	45.70	16.73	24.76	0.72	11.02	0.01	0.04	-0.03	0.05
GCTS	GCT SEMICONDUCTOR HOLDING INC	$4.78	202,587	-10.63%	4.78	8.09	11.01	10.80	10.69	42.07	18.85	14.30	46.50	41.24	-2.46	-2.24	-0.22	0.73
OPTX	SYNTEC OPTICS HOLDINGS INC	$3.72	1,176	-48.44%	3.39	3.52	4.71	4.77	7.22	46.54	62.06	58.56	90.11	86.66	-0.33	-0.44	0.10	0.19
RXT	RACKSPACE TECHNOLOGY INC	$1.75	506,332	-42.53%	1.63	1.67	1.78	1.75	1.82	54.69	59.50	45.25	86.74	75.55	-0.02	-0.03	0.02	1.94
AILE	ILEARNINGENGINES INC	$8.00	46,733	498.53%	9.02	11.00	10.73	10.59	10.54	42.98	5.86	4.31	6.42	4.18	-1.11	-0.51	-0.60	0.08
ASTI	ASCENT SOLAR TECHNOLOGIES INC	$0.10	1,935,951	35.04%	0.10	0.19	0.34	0.57	3.92	18.03	2.47	2.49	25.87	15.23	-0.08	-0.08	0.00	0.49
AWIN	AERWINS TECHNOLOGIES INC	$2.99	1,645,602	4,026.18%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.30
VVPR	VIVOPOWER INTERNATIONAL PLC	$3.64	104,790	-6.00%	3.69	4.30	2.62	2.10	2.93	52.56	16.46	13.37	13.74	10.43	0.24	0.42	-0.17	0.71

Tech Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Communication Equipment	65	+0.31%	+6.01%	-1.36%	-12.46%	11.59x	2.68x	+70.29%	+9.31%	+17.58%	+19.03%	Buy
Computer Hardware	38	+4.31%	+12.35%	-11.23%	+159.22%	38.37x	13.83x	-27.35%	+9.81%	+18.41%	+18.07%	Buy
Consumer Electronics	18	-0.40%	+1.90%	-3.07%	-5.43%	24.48x	20.71x	+149.67%	+28.22%	+53.07%	+24.37%	Buy
Electronic Components	44	+1.18%	+4.26%	-1.56%	+17.15%	25.95x	3.53x	+21.21%	+9.66%	+15.16%	+15.12%	Buy
Electronics & Computer Distribution	10	+0.10%	+2.48%	+0.38%	+38.33%	13.08x	1.36x	+12.28%	+3.94%	+12.67%	+3.08%	Hold
Information Technology Services	66	+0.06%	+0.75%	-5.13%	+15.50%	23.55x	4.51x	+25.53%	+7.94%	+16.36%	+17.16%	Buy
Scientific & Technical Instruments	33	+1.03%	+1.91%	-3.61%	+3.43%	-7.72x	3.09x	+9.11%	+6.17%	+9.01%	+10.94%	Buy
Semiconductor Equipment & Materials	29	+2.84%	+8.44%	-2.58%	+58.51%	39.68x	11.61x	+50.74%	+18.11%	+30.50%	+10.54%	Buy
Semiconductors	69	+3.12%	+11.44%	-1.24%	+41.38%	59.70x	7.96x	+52.19%	+30.05%	+33.79%	+13.52%	Buy
Software - Application	252	+0.47%	+3.25%	-8.89%	+28.13%	91.33x	6.53x	+7.71%	+4.52%	+7.12%	+19.83%	Buy
Software - Infrastructure	138	+1.21%	+3.76%	-4.42%	+18.44%	77.56x	11.33x	-37.66%	+15.05%	+24.39%	+19.65%	Buy
Solar	23	+2.96%	+3.82%	+0.53%	-48.93%	31.93x	2.50x	+11.78%	+7.31%	+11.13%	+36.86%	Buy

Tech Stocks FAQ

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

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

1. Logitech International Sa (NASDAQ:LOGI)

Logitech International Sa (NASDAQ:LOGI) is the top tech stock with a Zen Score of 72, which is 42 points higher than the tech sector average of 30. It passed 26 out of 38 due diligence checks and has strong fundamentals. Logitech International Sa has seen its stock return 40.81% over the past year, overperforming other tech stocks by 15 percentage points.

Logitech International Sa has an average 1 year price target of $96.40, an upside of 21.63% from Logitech International Sa's current stock price of $79.26.

Logitech International Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Logitech International Sa, 40% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Full Truck Alliance Co (NYSE:YMM)

Full Truck Alliance Co (NYSE:YMM) is the second best tech stock with a Zen Score of 68, which is 38 points higher than the tech sector average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 39.43% over the past year, overperforming other tech stocks by 14 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -31.58% from Full Truck Alliance Co's current stock price of $8.77.

Full Truck Alliance Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Full Truck Alliance Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Perficient (NASDAQ:PRFT)

Perficient (NASDAQ:PRFT) is the third best tech stock with a Zen Score of 67, which is 37 points higher than the tech sector average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -30.86% over the past year, underperforming other tech stocks by -56 percentage points.

Perficient has an average 1 year price target of $70.20, an upside of 63.29% from Perficient's current stock price of $42.99.

Perficient stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Perficient, 0% have issued a Strong Buy rating, 40% have issued a Buy, 60% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the tech stocks with highest dividends?

Out of 122 tech stocks that have issued dividends in the past year, the 3 tech 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 tech sector average of 4.54%. 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. Clearone (NASDAQ:CLRO)

Clearone (NASDAQ:CLRO) has an annual dividend yield of 164.11%, which is 160 percentage points higher than the tech sector average of 4.54%. Clearone's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Clearone's dividend has shown consistent growth over the last 10 years.

Clearone's dividend payout ratio of -5,000% indicates that its high dividend yield might not be sustainable for the long-term.

3. Wisekey International Holding Sa (NASDAQ:WKEY)

Wisekey International Holding Sa (NASDAQ:WKEY) has an annual dividend yield of 136.59%, which is 132 percentage points higher than the tech sector average of 4.54%.

Wisekey International Holding Sa's dividend payout ratio of -36.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are tech stocks up?

Tech stocks were up 1.36% in the last day, and up 5.1% over the last week. Astera Labs was the among the top gainers in the technology sector, gaining 18.73% yesterday.

Shares of semiconductor and chip stocks are trading higher following strong earnings from Microsoft, which could be lifting AI optimism.

What are the most undervalued tech stocks?

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

1. Axcelis Technologies (NASDAQ:ACLS)

Axcelis Technologies (NASDAQ:ACLS) is the most undervalued tech stock based on WallStreetZen's Valuation Score. Axcelis Technologies has a valuation score of 100, which is 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -12.67% in the past year. It has underperformed other stocks in the tech sector by -38 percentage points.

2. Eltek (NASDAQ:ELTK)

Eltek (NASDAQ:ELTK) is the second most undervalued tech stock based on WallStreetZen's Valuation Score. Eltek has a valuation score of 100, which is 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Eltek's stock has gained 171.68% in the past year. It has overperformed other stocks in the tech sector by 146 percentage points.

3. Himax Technologies (NASDAQ:HIMX)

Himax Technologies (NASDAQ:HIMX) is the third most undervalued tech stock based on WallStreetZen's Valuation Score. Himax Technologies has a valuation score of 100, which is 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Himax Technologies's stock has dropped -23.05% in the past year. It has underperformed other stocks in the tech sector by -49 percentage points.

Are tech stocks a good buy now?

40.36% of tech stocks rated by analysts are a buy right now. On average, analysts expect tech stocks to rise by 17.11% over the next year.

What is the average p/e ratio of the technology sector?

The average P/E ratio of the technology sector is 57.16x.

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.