Sectors & IndustriesTechnology
Best Tech Stocks to Buy Now (2026)
Top tech stocks in 2026 ranked by overall Due Diligence Score. See the best tech stocks to buy now, according to analyst forecasts for the technology sector.

Sector: Technology
Ticker
Company
Zen Rating
Price
Value
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
ADSK
AUTODESK INC
$207.48$101.32104.78%30.07x16.12x5.83x13.73x1.07x$2.73B6.23%$3.19B15.11$43.83B20.24
ZBRA
ZEBRA TECHNOLOGIES CORP
$267.18$155.5371.79%32.07x14.24x2.28x3.67x0.80x$836.00M6.57%$3.47B72.85$15.42B17.45
ADI
ANALOG DEVICES INC
$377.16$106.37254.57%55.79x30.31x14.44x5.44x1.79x$4.57B2.48%$33.74B69.20$189.96B30.51
STX
SEAGATE TECHNOLOGY HOLDINGS PLC
$820.16$314.89160.46%74.63x29.97x16.46x167.95x1.07x$2.41B1.33%$1.10B4.96$186.62B57.62
CLS
CELESTICA INC
$336.21$187.5479.28%40.36xN/A2.80x18.42x0.79x$502.60M1.30%$2.10B18.26$39.05B28.74
RELY
REMITLY GLOBAL INC
$23.75$7.68209.34%47.50x36.24x2.90x5.51x1.58x$239.98M4.79%$907.44M4.30$4.39B25.38
PGY
PAGAYA TECHNOLOGIES LTD
$17.79$17.352.53%15.08x12.72x1.11x2.79x0.54x$234.08M15.91%$529.31M6.40$2.02B18.33
WK
WORKIVA INC
$51.93$14.63254.87%216.38x17.47x3.19x-231.02x1.31x$171.86M5.82%-$12.62M-0.22$3.37B82.10
IMOS
CHIPMOS TECHNOLOGIES INC
$63.93N/AN/A131.27xN/A2.99x2.99xN/A$12.34M0.55%$749.13M21.40$2.28B12.20
CLVT
CLARIVATE PLC
$2.59N/AN/A-12.33x3.47x0.68x0.35xN/A$333.90M20.12%$4.79B7.47$5.75B6.54
AVPT
AVEPOINT INC
$11.46$4.15175.91%52.09x27.82x5.51x5.54x1.29x$103.97M4.26%$438.81M2.06$2.00B29.68
DBX
DROPBOX INC
$28.56$25.8610.46%15.44x9.21x2.66x-3.31x0.60x$998.40M14.86%-$2.01B-8.55$9.46B10.66
PRGS
PROGRESS SOFTWARE CORP
$38.42$42.12-8.79%18.38x6.30x1.60x3.11x0.42x$305.22M18.96%$506.08M12.08$2.80B14.78
VPG
VISHAY PRECISION GROUP INC
$121.59$16.71627.63%270.20x118.80x5.06x4.83x2.85x$9.89M0.61%$334.72M25.17$1.58B57.13
CPAY
CORPAY INC
$352.46$252.0939.81%20.84x12.95x4.98x6.56x0.73x$1.31B5.50%$3.51B51.97$24.58B9.64
ZETA
ZETA GLOBAL HOLDINGS CORP
$20.70N/AN/A-188.18x21.36x3.44x5.86xN/A$178.27M3.61%$880.33M3.69$5.07B101.92
VIAV
VIAVI SOLUTIONS INC
$41.66N/AN/A-173.58x31.92x7.08x11.51xN/A$48.50M0.50%$846.50M3.65$10.32B153.10
PENG
PENGUIN SOLUTIONS INC
$61.47$24.58150.08%84.21x26.98x2.38x7.90x1.00x$99.10M3.08%$394.81M7.55$3.13B23.85
AMD
ADVANCED MICRO DEVICES INC
$517.82$98.70424.66%168.12x69.33x22.55x13.10x2.11x$8.54B1.01%$64.46B39.52$842.64B102.91
NXPI
NXP SEMICONDUCTORS NV
$273.36$146.5486.54%26.03x18.20x5.48x6.32x1.01x$2.71B3.93%$10.93B43.24$77.03B17.08
BMBL
BUMBLE INC
$3.28N/AN/A-0.57x3.35x0.53x0.81xN/A$271.68M54.63%$617.10M4.07$839.27M-1.50
MTSI
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
$322.26$60.60431.81%135.40x62.83x22.59x17.34x2.25x$167.68M0.69%$1.42B18.83$24.90B90.09
ON
ON SEMICONDUCTOR CORP
$91.22$35.74155.22%65.16x28.67x5.93x4.90x1.08x$1.21B3.38%$7.30B18.53$36.75B24.25
FSLY
FASTLY INC
$18.13N/AN/A-26.28x57.26x4.27x2.90xN/A$42.33M1.52%$977.15M6.36$3.09B1,293.31
LTRX
LANTRONIX INC
$5.49N/AN/A-34.31x16.77x1.84x2.94xN/A$8.46M3.88%$74.47M1.87$203.77M-66.70
TEAM
ATLASSIAN CORP
$83.84N/AN/A-101.01x13.23x3.53x24.20xN/A$1.20B5.51%$879.03M3.37$21.38B-1,009.99
CRM
SALESFORCE INC
$166.11$109.3851.86%19.14x11.61x3.37x3.97x0.88x$14.66B10.17%$34.24B39.44$168.99B11.77
DIOD
DIODES INC
$96.25$34.73177.13%52.03x34.77x2.84x2.34x1.29x$135.75M3.07%$1.89B41.15$4.13B16.49
NCNO
NCINO INC
$17.75$6.47174.38%126.79x13.73x3.16x2.00x1.04x$110.75M5.75%$970.36M8.94$2.17B30.86
FLEX
FLEX LTD
$136.86$62.28119.76%57.75x30.75x1.82x9.75x0.92x$1.06B2.09%$5.14B13.87$52.07B25.17
RDWR
RADWARE LTD
$29.69$12.12144.92%65.98x24.92x4.10x3.89x1.02x$35.21M2.77%$326.82M7.64$1.18B51.43
SYNA
SYNAPTICS INC
$119.52N/AN/A-95.62x22.22x3.96x3.40xN/A$96.70M2.09%$1.36B35.02$5.05B45.50
PSFE
PAYSAFE LTD
$8.41N/AN/A-2.38x3.78x0.25x0.70xN/A$146.45M33.97%$616.23M12.02$2.71B7.82
BB
BLACKBERRY LTD
$11.51N/AN/A127.89xN/A11.63x8.99xN/A$67.10M0.99%$750.70M1.28$6.70B77.23
ALLT
ALLOT LTD
$8.43$2.35258.17%64.85x28.18x3.91x3.57x1.70x$24.29M5.91%$115.34M2.37$400.75M50.61
CHYM
CHIME FINANCIAL INC
$20.87N/AN/A-3.23x63.05x3.44x5.52xN/A$134.63M1.69%$1.44B3.78$7.45B-8.00
VERX
VERTEX INC
$12.85N/AN/A-321.25x15.56x2.71x8.44xN/A$67.50M3.25%$246.50M1.52$2.16B22.69
CRUS
CIRRUS LOGIC INC
$146.24$66.89118.63%18.05x15.57x3.74x3.48x2.03x$636.61M8.51%$2.13B41.61$6.73B12.24
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$65.52$56.3716.22%19.68x9.29x2.47x2.31x0.57x$1.48B9.35%$6.84B28.34$22.99B10.62
NOVT
NOVANTA INC
$161.72$68.94134.57%115.51x44.16x6.51x4.39x0.88x$68.90M1.05%$1.31B32.43$5.66B37.78
AMAT
APPLIED MATERIALS INC
$603.04$105.05474.05%56.36x48.31x16.50x20.03x4.16x$5.34B1.12%$23.91B30.11$478.94B42.97
PDFS
PDF SOLUTIONS INC
$59.18$11.73404.44%328.78x48.41x10.19x8.42x1.84x-$17.41M-0.74%$280.47M7.04$2.40B80.22
NTCT
NETSCOUT SYSTEMS INC
$40.93$26.1556.53%30.77x14.77x3.43x1.77x0.72x$285.43M9.69%$1.65B22.91$2.38B13.46
HPQ
HP INC
$21.93$20.298.06%8.03x7.20x0.35x-139.27x1.25x$3.78B18.69%-$144.00M-0.16$26.02B6.44
API
AGORA INC
$4.01N/AN/A30.38x42.26x2.39x0.63xN/A-$16.83M-4.84%$554.57M6.38$335.88M22.50
CXM
SPRINKLR INC
$5.41$3.2069.18%49.18x10.94x1.49x2.59x0.69x$127.28M9.78%$488.46M2.03$1.15B10.95
ASUR
ASURE SOFTWARE INC
$8.19N/AN/A-22.75x9.44x1.57x1.17xN/A$9.54M4.10%$200.12M7.04$291.27M11.24
INTA
INTAPP INC
$27.39N/AN/A-60.87x17.42x3.86x6.59xN/A$127.93M5.92%$320.20M4.06$1.98B-245.79
NTNX
NUTANIX INC
$51.28$17.97185.43%50.27x26.07x4.96x-19.10x1.37x$770.88M5.65%-$725.61M-2.73$14.67B37.19
ASX
ASE TECHNOLOGY HOLDING CO LTD
$41.87$11.37268.10%24.41xN/A1.77x3.36x6.02x-$354.90M-0.95%$11.08B12.35$42.59B10.04
APPN
APPIAN CORP
$24.40$4.29468.72%1,220.00x24.26x2.36x-30.38x1.96x$63.88M3.55%-$58.97M-0.80$1.94B55.04
PI
IMPINJ INC
$141.58N/AN/A-155.58x73.15x11.88x21.15xN/A$61.12M1.43%$203.91M6.73$4.55B-560.03
GRND
GRINDR INC
$16.06$6.05165.66%35.69x27.15x6.19x3,402.00x1.47x$141.59M4.81%$839.00k0.01$3.22B21.09
BILL
BILL HOLDINGS INC
$40.48N/AN/AN/A11.81x2.51x1.06xN/A$326.61M8.13%$3.80B38.30$4.92B39.66
CCC
CCC INTELLIGENT SOLUTIONS HOLDINGS INC
$5.58$3.8246.18%93.00x12.50x3.02x1.90x0.54x$252.45M7.71%$1.72B2.93$4.60B14.82
UCTT
ULTRA CLEAN HOLDINGS INC
$106.48N/AN/A-24.82x40.61x2.33x7.60xN/A-$43.30M-0.90%$627.90M13.86$5.23B-117.53
LASR
NLIGHT INC
$63.25N/AN/A-210.83x118.33x11.81x8.31xN/A$22.71M0.66%$429.24M7.93$3.30B1,392.12
CSCO
CISCO SYSTEMS INC
$112.69$34.82223.65%37.44x25.83x7.33x9.09x2.00x$11.79B2.65%$48.86B12.36$468.38B25.91
SPSC
SPS COMMERCE INC
$59.07$49.0720.38%24.61x12.23x2.90x2.25x0.54x$166.92M7.56%$962.16M25.74$2.02B11.13
UMC
UNITED MICROELECTRONICS CORP
$24.54$4.29472.45%39.20xN/A8.12x4.81x8.35x$1.64B2.66%$12.85B5.11$60.13B16.30
MEI
METHODE ELECTRONICS INC
$15.30N/AN/A-15.15x97.70x0.53x0.80xN/A$15.60M2.88%$677.50M19.10$751.82M10.53
BDC
BELDEN INC
$115.41$70.8762.84%19.20x14.27x1.61x3.50x0.99x$180.40M4.03%$1.28B33.06$5.57B12.40
MANH
MANHATTAN ASSOCIATES INC
$151.04$48.49211.51%41.84x27.63x8.19x43.55x1.72x$379.59M4.21%$205.18M3.44$8.77B29.49
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
$241.91$63.77279.37%91.29x39.19x32.35x21.86x1.63x$407.00M0.94%$2.06B11.56$43.97B86.13
PLXS
PLEXUS CORP
$275.11$70.98287.58%39.41x32.94x1.71x4.94x2.70x$75.79M1.03%$1.49B55.68$7.32B24.64
SCSC
SCANSOURCE INC
$50.87$44.6913.83%15.32x11.30x0.35x1.14x0.63x$123.76M11.42%$906.26M42.54$1.02B7.80
TEL
TE CONNECTIVITY PLC
$197.44$93.94110.18%20.00x17.42x3.09x4.35x1.58x$3.40B5.88%$13.23B45.17$62.18B13.16
ONTO
ONTO INNOVATION INC
$307.58$65.77367.68%142.40x42.09x14.85x7.18x1.90x$238.79M1.56%$2.13B42.87$15.05B74.35
RDVT
RED VIOLET INC
$65.52$17.13282.50%65.52x45.64x9.89x8.84x1.86x$18.79M2.02%$104.53M7.36$883.69M33.02
FATN
FATPIPE INC
$5.98N/AN/A16.61x14.84x4.32x3.33xN/A-$832.88k-1.00%$25.22M1.82$84.36M19.48
PD
PAGERDUTY INC
$9.98N/AN/A4.73x7.38x1.59x3.55xN/A$114.89M14.64%$216.53M2.75$973.55M15.71
MXL
MAXLINEAR INC
$93.12N/AN/A-61.26x68.67x16.03x18.36xN/A$10.15M0.12%$454.19M5.19$8.42B-147.65
OCC
OPTICAL CABLE CORP
$16.00N/AN/A133.33xN/A1.80x9.28xN/A-$3.17M-2.24%$15.22M1.73$151.07M55.93
APPF
APPFOLIO INC
$170.90$74.39129.74%40.31x24.62x6.13x12.85x1.10x$230.67M3.78%$470.23M13.17$5.93B29.47
GLW
CORNING INC
$196.79$38.54410.65%93.27x61.16x10.38x14.34x2.41x$1.51B0.89%$11.81B13.73$176.58B45.08
MNDY
MONDAYCOM LTD
$79.77$43.7782.24%33.94x17.57x2.94x5.05x0.85x$304.15M7.94%$758.69M15.80$3.01B133.15
ADBE
ADOBE INC
$219.72$203.567.94%12.56x9.16x3.51x7.58x0.66x$10.28B11.64%$11.52B28.65$89.48B8.83
PATH
UIPATH INC
$11.71$6.2188.48%19.52x14.67x3.67x3.19x1.29x$375.23M6.12%$1.90B3.63$5.51B27.46
ESTC
ELASTIC NV
$58.04$31.5983.74%16.63x17.52x3.52x4.73x1.48x$321.80M5.26%$1.28B12.12$5.85B134.45
ALNT
ALLIENT INC
$86.89$24.06261.12%60.76x33.72x2.59x4.83x1.77x$40.82M2.81%$305.93M18.30$1.63B23.77
ALRM
ALARMCOM HOLDINGS INC
$49.69$20.25145.43%19.33x17.57x2.38x2.86x2.49x$167.72M6.80%$859.81M17.34$2.53B11.03
TOST
TOAST INC
$28.82$11.26156.01%41.17x33.10x2.62x8.40x1.28x$654.00M3.87%$1.99B3.39$15.63B32.98
PCTY
PAYLOCITY HOLDING CORP
$115.10$75.7252.01%24.23x12.96x3.58x5.22x0.76x$421.02M6.81%$1.18B21.98$5.99B12.53
WYY
WIDEPOINT CORP
$15.92N/AN/A-83.79x629.25x1.00x13.40xN/A$7.75M4.93%$11.75M1.19$150.59M98.61
FN
FABRINET
$499.61$187.49166.48%42.56x28.37x4.23x7.77x1.34x$46.00M0.26%$2.30B64.33$17.61B34.43
CRNC
CERENCE INC
$10.71N/AN/A-23.80x14.79x1.60x3.05xN/A$75.07M15.55%$158.55M3.52$563.22M14.89
BSY
BENTLEY SYSTEMS INC
$32.26$13.24143.58%36.25x23.05x6.48x7.99x1.27x$491.70M4.88%$1.23B3.92$10.86B24.64
KVHI
KVH INDUSTRIES INC
$9.09N/AN/A-34.96x55.70x1.49x1.35xN/A$15.98M9.10%$131.53M6.80$122.37M23.79
TUYA
TUYA INC
$1.76N/AN/AN/A14.68xN/A1.08xN/AN/AN/A$1.01B1.63$180.92MN/A
PTC
PTC INC
$124.55N/AN/A11.88x15.44x4.91x3.73xN/A$928.18M6.31%$3.86B32.66$15.33B8.63
MDB
MONGODB INC
$354.88N/AN/A-1,013.94x57.95x10.96x9.73xN/A$591.18M2.07%$2.93B36.52$27.54B1,026.72
QTWO
Q2 HOLDINGS INC
$52.63$30.3273.61%44.23x19.93x3.99x5.39x0.74x$179.75M5.48%$611.68M9.81$3.29B24.26
LYTS
LSI INDUSTRIES INC
$25.59$11.26127.16%32.81x17.92x1.39x2.66x1.20x$37.90M4.49%$352.81M10.69$1.23B24.99
DT
DYNATRACE INC
$44.77$15.97180.33%82.91x22.26x6.66x5.00x1.15x$529.48M3.94%$2.61B8.70$12.12B37.42
ATEN
A10 NETWORKS INC
$36.30$10.59242.82%58.55x34.21x8.69x11.83x1.67x$51.37M1.98%$220.84M3.08$2.77B38.75
VYX
NCR VOYIX CORP
$8.70$8.97-2.96%22.31x9.57x0.45x1.29x0.42x-$272.00M-22.49%$928.00M6.68$2.27B8.99
CDNS
CADENCE DESIGN SYSTEMS INC
$373.14$76.66386.78%86.38x45.97x18.36x15.69x2.33x$1.43B1.41%$6.56B24.12$104.42B52.73
LAW
CS DISCO INC
$3.88N/AN/A-5.62x-29.78x1.52x2.01xN/A-$19.34M-7.84%$123.95M1.95$237.52M-6.63
KVYO
KLAVIYO INC
$16.90N/AN/A-563.33x19.51x3.92x4.38xN/A$201.97M3.93%$1.15B3.79$4.19B100.99
RPD
RAPID7 INC
$9.29$9.67-3.91%26.54x5.92x0.72x3.55x0.40x$138.86M22.58%$174.77M2.64$1.24B15.07

Tech Industries

IndustryStocks1d %1w %1m %1y %DD ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
54-4.73%-4.21%-15.78%+72.57%39.60x6.61x+14.57%+8.76%+14.56%+25.37%Buy
39-10.41%-18.40%-6.76%+315.26%46.39x20.07x+84.20%+22.60%+37.02%+7.66%Buy
17+3.20%+10.45%-5.10%-92.63%34.59x28.69x+142.52%+33.02%+60.76%+8.00%Buy
44-8.78%-10.05%-12.39%+65.56%51.17x9.58x+24.77%+8.66%+15.78%+18.96%Strong Buy
9-5.30%-8.23%-9.14%+27.90%19.14x1.78x+10.91%+2.95%+11.50%+14.70%Buy
70+2.21%+6.88%-11.25%-46.70%17.66x3.24x+26.65%+7.49%+15.10%+30.14%Buy
30-4.32%-4.51%-1.60%+33.42%69.86x4.75x+11.48%+7.05%+11.01%+10.42%Buy
30-8.87%-10.17%+0.48%+142.08%60.94x20.74x+53.48%+23.24%+39.23%+8.52%Buy
69-5.94%-9.27%-13.09%+107.32%49.55x13.55x+59.70%+42.14%+46.56%+14.27%Strong Buy
234+1.02%+11.23%-2.56%-47.28%62.25x5.00x+28.65%+10.81%+16.21%+29.59%Buy
159-0.45%+8.41%-6.31%-80.28%-278.41x7.69x+31.82%+14.62%+12.25%+17.71%Buy
22-3.97%-6.10%-29.43%+22.78%19.40x2.54x+13.25%+9.13%+13.46%+19.39%Buy

Tech Stocks FAQ

What are the best tech stocks to buy right now in Jul 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best technology stocks to buy right now are:

1. Micron Technology (NASDAQ:MU)


Micron Technology (NASDAQ:MU) is the #1 top tech stock out of 777 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Micron Technology (NASDAQ:MU) is: Value: A, Growth: A, Momentum: B, Sentiment: A, Safety: D, Financials: A, and AI: C.

Micron Technology (NASDAQ:MU) has a Due Diligence Score of 66, which is 34 points higher than the tech sector average of 32. It passed 26 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 701.35% over the past year, overperforming other tech stocks by 736 percentage points.

Micron Technology has an average 1 year price target of $1,339.63, an upside of 37.32% from Micron Technology's current stock price of $975.56.

Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 27 analysts covering Micron Technology, 66.67% have issued a Strong Buy rating, 25.93% have issued a Buy, 7.41% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Mesa Laboratories (NASDAQ:MLAB)


Mesa Laboratories (NASDAQ:MLAB) is the #2 top tech stock out of 777 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Mesa Laboratories (NASDAQ:MLAB) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.

Mesa Laboratories (NASDAQ:MLAB) has a Due Diligence Score of 36, which is 4 points higher than the tech sector average of 32. It passed 13 out of 38 due diligence checks and has average fundamentals. Mesa Laboratories has seen its stock return 4.88% over the past year, overperforming other tech stocks by 40 percentage points.

Mesa Laboratories has an average 1 year price target of $94.00, a downside of -10.93% from Mesa Laboratories's current stock price of $105.54.

Mesa Laboratories stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Mesa Laboratories, 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. 8x8 (NASDAQ:EGHT)


8x8 (NASDAQ:EGHT) is the #3 top tech stock out of 777 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for 8x8 (NASDAQ:EGHT) is: Value: A, Growth: B, Momentum: D, Sentiment: A, Safety: B, Financials: C, and AI: B.

8x8 (NASDAQ:EGHT) has a Due Diligence Score of 38, which is 6 points higher than the tech sector average of 32. It passed 12 out of 33 due diligence checks and has average fundamentals. 8x8 has seen its stock lose -13.68% over the past year, overperforming other tech stocks by 21 percentage points.

8x8 has an average 1 year price target of $3.00, an upside of 63.93% from 8x8's current stock price of $1.83.

8x8 stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering 8x8, 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.

What are the tech stocks with highest dividends?

Out of 128 tech stocks that have issued dividends in the past year, the 3 tech stocks with the highest dividend yields are:

1. Vistance Networks (NASDAQ:VISN)


Vistance Networks (NASDAQ:VISN) has an annual dividend yield of 164.61%, which is 161 percentage points higher than the tech sector average of 3.14%.

Vistance Networks's dividend payout ratio of 64.5% indicates that its high dividend yield is sustainable for the long-term.

2. Formula Systems (NASDAQ:FORTY)


Formula Systems (NASDAQ:FORTY) has an annual dividend yield of 13.1%, which is 10 percentage points higher than the tech sector average of 3.14%. Formula Systems's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Formula Systems's dividend has shown consistent growth over the last 10 years.

Formula Systems's dividend payout ratio of 35.6% indicates that its high dividend yield is sustainable for the long-term.

3. Deswell Industries (NASDAQ:DSWL)


Deswell Industries (NASDAQ:DSWL) has an annual dividend yield of 11.66%, which is 9 percentage points higher than the tech sector average of 3.14%. Deswell Industries's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Deswell Industries's dividend has shown consistent growth over the last 10 years.

Deswell Industries's dividend payout ratio of 29.9% indicates that its high dividend yield is sustainable for the long-term.

Why are tech stocks down?

Tech stocks were down -4.25% in the last day, and down -3.2% over the last week. Vicor was the among the top losers in the technology sector, dropping -19.21% yesterday.

Shares of power delivery and HVAC companies are trading lower, possibly related to higher consumption demand as the U.S. experiences a heat dome. Investors may be weighing the risk of grid strain and higher operating costs from elevated electricity demand.

What are the most undervalued tech stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued tech stocks right now are:

1. Hp (NYSE:HPQ)


Hp (NYSE:HPQ) is the most undervalued tech stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Hp has a valuation score of 29, which is 8 points higher than the tech sector average of 21. It passed 2 out of 7 valuation due diligence checks.

Hp's stock has dropped -15.16% in the past year. It has overperformed other stocks in the tech sector by 20 percentage points.

2. Toyo Co (NASDAQ:TOYO)


Toyo Co (NASDAQ:TOYO) is the second most undervalued tech stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Toyo Co has a valuation score of 14, which is -7 points higher than the tech sector average of 21. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates TOYO a Valuation Rating of "A".

Toyo Co's stock has gained 79.58% in the past year. It has overperformed other stocks in the tech sector by 114 percentage points.

3. Science Applications International (NASDAQ:SAIC)


Science Applications International (NASDAQ:SAIC) is the third most undervalued tech stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Science Applications International has a valuation score of 14, which is -7 points higher than the tech sector average of 21. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates SAIC a Valuation Rating of "A".

Science Applications International's stock has dropped -5.61% in the past year. It has overperformed other stocks in the tech sector by 29 percentage points.

Are tech stocks a good buy now?

50.38% of tech stocks rated by analysts are a strong buy right now. On average, analysts expect tech stocks to rise by 18.13% over the next year.

7.19% of tech stocks have a Zen Rating of A (Strong Buy), 21.08% of tech stocks are rated B (Buy), 54.9% are rated C (Hold), 10.78% are rated D (Sell), and 6.05% are rated F (Strong Sell).

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

The average P/E ratio of the technology sector is -6.09x.
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