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
SITM
SITIME CORP
$711.79N/AN/A-749.25x88.88x49.35x16.21xN/A$54.27M0.29%$1.16B44.00$18.29B921.72
AEYE
AUDIOEYE INC
$7.28N/AN/A-24.27x73.83x2.21x28.48xN/A$4.13M4.55%$3.18M0.26$98.93M81.90
FSLY
FASTLY INC
$16.40N/AN/A-23.77x52.26x3.86x2.63xN/A$42.33M1.68%$977.15M6.36$2.82B1,179.93
VPG
VISHAY PRECISION GROUP INC
$104.04$16.68523.64%231.20x101.65x4.33x4.13x2.46x$9.89M0.71%$334.72M25.17$1.35B48.68
ARW
ARROW ELECTRONICS INC
$212.84$181.9916.95%15.11x10.59x0.33x1.61x0.67x$303.74M2.78%$6.74B131.36$13.06B10.30
TSM
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
$407.15$136.45198.40%35.01xN/A16.28x11.34x1.84x$33.45B1.58%$186.19B35.90$2.05T21.64
FLEX
FLEX LTD
$131.07$58.99122.19%55.30x29.86x1.74x9.34x0.95x$1.06B2.18%$5.14B13.87$49.95B24.14
GEN
GEN DIGITAL INC
$24.85$25.84-3.84%15.63x8.51x3.04x5.73x0.48x$1.54B10.15%$2.61B4.27$22.76B8.78
VIAV
VIAVI SOLUTIONS INC
$48.98N/AN/A-204.08x51.29x8.32x13.53xN/A$48.50M0.43%$846.50M3.65$12.03B178.51
LTRX
LANTRONIX INC
$6.44N/AN/A-40.25x40.73x2.16x3.44xN/A$8.46M3.31%$74.47M1.87$241.60M-79.08
AVPT
AVEPOINT INC
$10.24$4.17145.57%46.55x24.91x4.92x4.95x1.15x$103.97M4.77%$438.81M2.06$1.74B25.84
BMBL
BUMBLE INC
$3.06N/AN/A-0.53x2.72x0.50x0.75xN/A$271.68M58.56%$617.10M4.07$805.91M-1.44
ASAN
ASANA INC
$6.36N/AN/A-7.95x17.06x1.90x9.83xN/A$76.98M5.11%$154.12M0.65$1.52B-10.82
III
INFORMATION SERVICES GROUP INC
$4.37$3.5423.45%19.86x11.89x0.85x2.22x0.62x$23.34M11.19%$94.19M1.97$254.06M10.23
SNX
TD SYNNEX CORP
$230.76$147.0656.92%19.12x13.70x0.28x2.11x0.94x$1.25B6.77%$8.78B109.85$21.71B10.65
TER
TERADYNE INC
$353.44$89.31295.76%65.21x48.38x14.60x17.60x1.97x$553.18M1.00%$3.14B20.10$55.17B49.24
INTA
INTAPP INC
$20.32N/AN/A-45.16x16.20x2.86x4.89xN/A$127.93M7.98%$320.20M4.06$1.43B-178.08
API
AGORA INC
$3.77N/AN/A31.42x39.73x2.46x0.58xN/A-$6.34M-1.83%$562.85M6.12$335.88M23.21
PLXS
PLEXUS CORP
$256.38$69.83267.17%36.73x30.75x1.59x4.60x2.64x$75.79M1.11%$1.49B55.68$6.82B22.95
TEL
TE CONNECTIVITY PLC
$202.57$93.87115.81%20.52x17.88x3.17x4.47x1.65x$3.40B5.74%$13.23B45.17$63.67B13.48
PDFS
PDF SOLUTIONS INC
$44.58$11.71280.60%247.67x36.88x7.68x6.35x1.40x-$17.41M-0.98%$280.47M7.04$1.82B60.76
PENG
PENGUIN SOLUTIONS INC
$48.81$23.94103.91%66.86x21.90x1.89x6.27x0.82x$99.10M3.88%$394.81M7.55$2.49B18.96
AMKR
AMKOR TECHNOLOGY INC
$65.90$18.58254.75%37.44x31.43x2.31x3.60x2.41x$280.47M1.72%$4.53B18.31$16.63B13.32
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
$4.47$11.85-62.29%7.58xN/A0.54x1.10x0.17x$4.59M16.69%$28.70M4.66$22.36M6.60
DDOG
DATADOG INC
$218.04$16.471,223.53%559.08x88.62x20.98x19.46x5.12x$959.42M1.25%$3.99B11.29$78.47B297.32
DIOD
DIODES INC
$96.30$34.94175.61%52.05x34.79x2.84x2.34x1.30x$135.75M3.07%$1.89B41.15$4.13B16.50
BB
BLACKBERRY LTD
$6.65$1.49346.42%73.89xN/A7.12x5.24x2.22x$46.50M1.19%$746.00M1.27$3.84B49.95
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
$193.39$43.84341.16%100.72x57.26x32.99x19.29x1.94x$283.69M0.81%$1.85B10.15$34.46B92.77
CCC
CCC INTELLIGENT SOLUTIONS HOLDINGS INC
$4.54$3.8418.23%75.67x10.17x2.45x1.55x0.44x$252.45M9.47%$1.72B2.93$3.99B12.85
RDWR
RADWARE LTD
$28.76$12.10137.74%63.91x24.91x3.98x3.77x1.00x$35.21M2.86%$326.82M7.64$1.14B49.70
CRUS
CIRRUS LOGIC INC
$166.62$67.29147.61%20.57x17.74x4.27x3.96x2.31x$636.61M7.47%$2.13B41.61$7.76B14.11
KVYO
KLAVIYO INC
$14.91N/AN/A-497.00x17.21x3.46x3.87xN/A$201.97M4.45%$1.15B3.79$3.59B86.64
BLZE
BACKBLAZE INC
$7.37N/AN/A-18.43x-19.27x2.92x5.22xN/A$9.74M2.23%$84.64M1.43$478.28M40.84
BDC
BELDEN INC
$104.79$71.3046.97%17.44x12.95x1.46x3.18x0.90x$180.40M4.44%$1.28B33.06$5.16B11.48
PICS
PICS NV
$11.20$5.6099.83%5,600.00x1.50x0.58x1.52x0.68x-$767.55M-64.21%$784.26M7.35$425.58M2.97
UCTT
ULTRA CLEAN HOLDINGS INC
$80.58N/AN/A-18.78x30.73x1.76x5.75xN/A-$43.30M-1.19%$627.90M13.86$4.07B-91.44
LDOS
LEIDOS HOLDINGS INC
$123.04$93.0532.23%11.06x9.79x0.89x3.09x1.22x$1.86B12.01%$5.01B39.85$21.96B9.37
MTSI
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
$380.45$60.96524.08%159.85x74.17x26.67x20.47x2.66x$167.68M0.59%$1.42B18.83$29.34B106.16
APPN
APPIAN CORP
$21.14$4.31390.40%1,057.00x21.24x2.05x-26.32x1.70x$63.88M4.09%-$58.97M-0.80$1.70B48.23
CIEN
CIENA CORP
$587.23$53.70993.49%364.74x92.55x16.24x29.74x4.40x$742.21M0.89%$2.79B19.71$83.49B164.60
ZETA
ZETA GLOBAL HOLDINGS CORP
$18.05N/AN/A-164.09x18.17x3.00x5.11xN/A$178.27M4.14%$880.33M3.69$4.41B88.64
CLS
CELESTICA INC
$354.77$188.6788.04%42.59xN/A2.96x19.44x0.83x$502.60M1.23%$2.10B18.26$41.18B30.31
SYNA
SYNAPTICS INC
$132.33N/AN/A-105.86x28.37x4.38x3.76xN/A$96.70M1.88%$1.36B35.02$5.55B49.96
WDAY
WORKDAY INC
$121.85$76.3059.69%46.69x11.39x3.38x4.01x0.66x$2.78B8.60%$7.81B29.44$33.64B22.85
GLW
CORNING INC
$191.89$38.47398.83%90.94x59.57x10.12x13.98x2.38x$1.51B0.92%$11.81B13.73$172.37B44.00
EVCM
EVERCOMMERCE INC
$10.45$7.0747.86%58.06x13.13x3.13x2.59x0.58x$71.04M3.83%$713.97M4.02$2.24B17.08
FLYW
FLYWIRE CORP
$16.16$6.58145.65%67.33x38.55x2.91x2.34x1.03x$151.29M7.66%$852.23M6.98$1.68B23.10
ALLT
ALLOT LTD
$7.40$3.42116.63%56.92x23.53x3.43x3.13x0.92x$24.29M6.73%$115.34M2.37$350.51M44.26
ONTO
ONTO INNOVATION INC
$261.45$64.82303.34%121.04x35.94x12.62x6.10x1.66x$238.79M1.84%$2.13B42.87$12.75B63.02
PI
IMPINJ INC
$140.27N/AN/A-154.14x72.47x11.77x20.95xN/A$61.12M1.44%$203.91M6.73$4.51B-555.11
APPF
APPFOLIO INC
$162.37$75.53114.98%38.29x23.23x5.82x12.21x1.03x$230.67M3.98%$470.23M13.17$5.63B27.97
DBX
DROPBOX INC
$27.25$26.014.76%14.73x8.79x2.54x-3.16x0.57x$998.40M15.58%-$2.01B-8.55$9.16B10.32
MNDY
MONDAYCOM LTD
$76.26$44.0073.31%32.45x17.04x2.81x4.83x0.82x$304.15M8.31%$758.69M15.80$2.84B125.69
VSH
VISHAY INTERTECHNOLOGY INC
$42.17$17.11146.46%4,217.00x66.63x1.80x2.76x0.84x-$89.56M-1.56%$2.08B15.26$6.36B20.42
LASR
NLIGHT INC
$76.43N/AN/A-254.77x143.10x14.27x10.04xN/A$22.71M0.55%$429.24M7.93$4.05B1,705.29
PATH
UIPATH INC
$10.57$6.3466.66%20.33x13.14x3.53x2.66x1.00x$352.16M6.19%$2.08B3.87$4.74B35.20
NTCT
NETSCOUT SYSTEMS INC
$39.44$26.3149.93%29.65x14.23x3.30x1.71x0.69x$285.43M10.05%$1.65B22.91$2.27B12.86
SMTC
SEMTECH CORP
$146.53N/AN/A-318.54x64.99x12.33x24.78xN/A$171.39M1.32%$549.72M6.22$13.92B209.57
CLVT
CLARIVATE PLC
$2.42N/AN/A-11.52x3.24x0.63x0.32xN/A$333.90M21.53%$4.79B7.47$5.64B6.42
SPSC
SPS COMMERCE INC
$53.48$49.338.41%22.28x11.07x2.62x2.04x0.49x$166.92M8.35%$962.16M25.74$1.82B10.00
NABL
N-ABLE INC
$3.56N/AN/A-71.20x8.45x1.27x0.84xN/A$74.46M11.15%$798.83M4.26$988.48M10.75
UMC
UNITED MICROELECTRONICS CORP
$18.35$4.31325.49%29.31xN/A6.07x3.59x6.24x$1.64B3.56%$12.85B5.11$44.55B12.08
AVGO
BROADCOM INC
$414.57$135.34206.33%78.37x35.89x28.79x24.57x1.31x$28.91B1.47%$79.87B16.85$2.01T53.98
VERX
VERTEX INC
$13.17N/AN/A-329.25x15.95x2.77x8.65xN/A$67.50M3.17%$246.50M1.52$2.21B23.23
NCNO
NCINO INC
$15.83$3.73324.02%316.60x13.07x3.00x1.72x1.54x$82.56M4.62%$1.06B9.35$2.00B30.41
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$66.95$56.7118.05%20.11x9.49x2.52x2.36x0.58x$1.48B9.15%$6.84B28.34$23.33B10.78
PRGS
PROGRESS SOFTWARE CORP
$28.92$41.95-31.06%14.53x4.74x1.23x2.44x0.31x$257.75M21.14%$498.80M11.83$2.48B13.59
TTMI
TTM TECHNOLOGIES INC
$174.55$44.81289.54%92.35x48.26x5.84x9.86x1.70x-$11.09M-0.06%$1.84B17.70$18.74B48.67
AFRM
AFFIRM HOLDINGS INC
$67.18$16.92296.97%58.42x54.23x5.70x5.95x2.10x$786.85M3.47%$3.78B11.22$29.08B43.06
INTC
INTEL CORP
$118.50N/AN/A-188.10x108.79x11.20x5.35xN/A-$3.12B-0.52%$111.39B21.92$623.37B79.24
ATEN
A10 NETWORKS INC
$28.33$10.45171.09%45.69x26.90x6.78x9.24x1.34x$51.37M2.53%$220.84M3.08$2.20B30.74
KVHI
KVH INDUSTRIES INC
$10.70N/AN/A-41.15x95.37x1.75x1.59xN/A$15.98M7.73%$131.53M6.80$153.76M29.90
RAL
RALLIANT CORP
$59.85N/AN/A-5.43x23.32x3.17x4.28xN/A$302.40M4.49%$1.57B13.93$7.58B-7.07
APPS
DIGITAL TURBINE INC
$4.46N/AN/A-9.49x7.00x0.95x2.75xN/A$18.82M3.63%$194.60M1.68$849.30M10.67
QLYS
QUALYS INC
$100.85$60.5666.53%17.98x13.24x5.24x6.23x1.11x$290.49M8.09%$569.87M16.00$3.32B12.46
BILL
BILL HOLDINGS INC
$36.45N/AN/AN/A13.14x2.26x0.95xN/A$326.61M9.03%$3.80B38.30$4.52B36.42
PTC
PTC INC
$145.84N/AN/A13.92x18.27x5.75x4.36xN/A$928.18M5.39%$3.86B32.66$17.79B10.02
GRMN
GARMIN LTD
$239.78$68.40250.56%26.58x24.61x6.19x4.99x3.94x$1.45B3.14%$9.27B48.12$44.12B19.27
MXL
MAXLINEAR INC
$99.67N/AN/A-65.57x73.55x17.15x19.65xN/A$10.15M0.12%$454.19M5.19$9.00B-157.93
SCSC
SCANSOURCE INC
$42.69$35.2421.15%12.86x10.65x0.29x0.96x0.82x$123.76M13.61%$906.26M42.54$849.40M6.52
HPE
HEWLETT PACKARD ENTERPRISE CO
$33.97N/AN/A-199.82x13.90x1.27x1.82xN/A$2.52B5.55%$24.77B18.57$61.84B22.96
PD
PAGERDUTY INC
$7.05N/AN/A3.69x5.46x1.31x2.36xN/A$102.68M15.97%$253.59M2.78$775.03M17.18
EVTC
EVERTEC INC
$24.65$40.15-38.61%11.85x6.18x1.60x2.26x0.29x$128.67M8.47%$671.59M10.90$2.34B6.71
RDVT
RED VIOLET INC
$48.56$15.50213.31%48.56x35.38x7.33x6.55x1.61x$18.79M2.73%$104.53M7.36$644.40M24.08
P
EVERPURE INC
$79.00$17.27357.33%138.60x33.54x7.09x18.06x1.87x$615.74M2.37%$1.45B4.40$25.46B68.42
WEX
WEX INC
$149.21$188.69-20.92%16.56x7.67x1.91x4.06x0.36x$459.60M8.93%$1.27B36.94$9.17B9.16
NOVT
NOVANTA INC
$154.88$69.36123.30%110.63x42.30x6.23x4.21x0.85x$68.90M1.10%$1.31B32.43$5.42B36.15
APH
AMPHENOL CORP
$124.86$45.29175.68%34.11x26.14x5.92x10.99x1.63x$4.64B3.03%$13.98B11.37$167.77B21.19
MANH
MANHATTAN ASSOCIATES INC
$134.57$48.64176.68%37.28x24.63x7.30x38.80x1.54x$379.59M4.73%$205.18M3.44$7.79B26.21
LYTS
LSI INDUSTRIES INC
$22.59$12.0387.86%28.96x18.08x1.22x2.35x0.97x$37.90M5.08%$352.81M10.69$1.12B22.76
SAP
SAP SE
$176.28$50.38249.88%23.86xN/A4.67x3.88x5.31x$9.64B4.70%$52.78B45.38$202.91B15.32
FROG
JFROG LTD
$71.44N/AN/A-134.79x73.73x15.24x9.36xN/A$151.41M1.76%$924.00M7.69$8.61B-381.88
CRM
SALESFORCE INC
$176.31$106.1566.09%22.46x13.23x4.03x2.75x0.92x$14.40B8.60%$59.14B62.26$172.58B13.12
KARO
KAROOOOO LTD
$46.51$145.52-68.04%23.90x1.19x4.33x7.24x0.12x$119.00M8.28%$198.55M6.43$1.44BN/A
ALRM
ALARMCOM HOLDINGS INC
$43.72$20.46113.74%17.01x15.34x2.09x2.51x2.16x$167.72M7.73%$859.81M17.34$2.23B9.74
PSFE
PAYSAFE LTD
$7.33N/AN/A-2.08x3.31x0.22x0.61xN/A$146.45M38.98%$616.23M12.02$2.65B7.66
YEXT
YEXT INC
$3.59$5.09-29.41%11.58x6.14x0.99x2.78x0.35x$53.29M12.01%$159.42M1.29$465.65M5.54
AIRG
AIRGAIN INC
$6.86N/AN/A-12.47x179.11x1.65x3.10xN/A-$1.34M-1.59%$28.02M2.28$84.34M-23.68
FATN
FATPIPE INC
$3.79N/AN/A10.53x18.58x2.74x2.11xN/A-$832.88k-1.58%$25.22M1.82$53.65M12.39
FFIV
F5 INC
$383.70$129.11197.19%31.12x22.86x6.75x5.93x2.03x$962.67M4.42%$3.65B64.36$20.43B21.12

Tech Industries

IndustryStocks1d %1w %1m %1y %DD ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
54+3.30%-3.78%-3.21%+112.82%54.76x7.17x+12.70%+7.89%+13.30%+5.73%Strong Buy
37+8.11%+4.87%+38.65%+338.30%45.43x18.23x+146.47%+22.78%+36.43%-17.02%Buy
17+0.96%+1.26%+8.49%-72.23%33.75x28.23x+142.08%+32.92%+60.57%+6.71%Buy
45+2.15%-3.78%+3.68%+104.04%49.09x8.96x+24.15%+8.43%+15.49%+2.61%Strong Buy
9-0.26%-0.41%+11.17%+30.76%19.80x1.75x+10.19%+2.78%+10.91%+2.17%Hold
70+0.30%+2.93%-6.49%-30.55%15.89x3.20x+23.60%+6.40%+12.38%+31.35%Buy
31+0.80%-2.05%+2.01%+42.01%77.18x4.84x+10.86%+6.76%+10.37%+9.39%Strong Buy
29+1.67%-2.57%+4.36%+154.22%50.74x18.43x+53.68%+23.21%+39.56%+2.29%Buy
70+1.62%-1.26%+25.77%+143.95%50.81x14.38x+59.85%+42.19%+46.90%-5.13%Strong Buy
228-1.34%+3.12%-0.62%-40.65%44.88x4.80x+18.54%+10.25%+15.85%+44.92%Buy
154+0.14%+4.08%+9.72%-22.91%-14.33x8.33x+33.38%+15.09%+11.42%+16.08%Buy
22+4.64%+3.51%+29.91%+44.84%22.93x2.92x+12.51%+8.68%+12.85%-0.64%Buy

Tech Stocks FAQ

What are the best tech stocks to buy right now in May 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. Toyo Co (NASDAQ:TOYO)


Toyo Co (NASDAQ:TOYO) is the #1 top tech stock out of 766 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Toyo Co (NASDAQ:TOYO) is: Value: A, Growth: A, Momentum: A, Sentiment: A, Safety: F, Financials: B, and AI: C.

Toyo Co (NASDAQ:TOYO) has a Due Diligence Score of 9, which is -24 points lower than the tech sector average of 33. Although this number is below the industry average, our proven quant model rates TOYO as a "A".It passed 3 out of 33 due diligence checks and has weak fundamentals. Toyo Co has seen its stock return 312.95% over the past year, overperforming other tech stocks by 294 percentage points.

Toyo Co has an average 1 year price target of $16.50, an upside of 14.98% from Toyo Co's current stock price of $14.35.

Toyo Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Toyo Co, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. 8x8 (NASDAQ:EGHT)


8x8 (NASDAQ:EGHT) is the #2 top tech stock out of 766 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

8x8 (NASDAQ:EGHT) has a Due Diligence Score of 23, which is -10 points lower than the tech sector average of 33. Although this number is below the industry average, our proven quant model rates EGHT as a "A".It passed 7 out of 33 due diligence checks and has weak fundamentals. 8x8 has seen its stock return 31.48% over the past year, overperforming other tech stocks by 13 percentage points.

8x8 has an average 1 year price target of $3.00, an upside of 40.85% from 8x8's current stock price of $2.13.

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.

3. Amtech Systems (NASDAQ:ASYS)


Amtech Systems (NASDAQ:ASYS) is the #3 top tech stock out of 766 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Amtech Systems (NASDAQ:ASYS) is: Value: C, Growth: A, Momentum: A, Sentiment: A, Safety: C, Financials: B, and AI: C.

Amtech Systems (NASDAQ:ASYS) has a Due Diligence Score of 33, which is equal to the tech sector average of 33. It passed 10 out of 33 due diligence checks and has average fundamentals. Amtech Systems has seen its stock return 473.97% over the past year, overperforming other tech stocks by 455 percentage points.

What are the tech stocks with highest dividends?

Out of 125 tech stocks that have issued dividends in the past year, the 3 tech stocks with the highest dividend yields are:

1. Eltek (NASDAQ:ELTK)


Eltek (NASDAQ:ELTK) has an annual dividend yield of N/A, which is N/A percentage points lower than the tech sector average of 3.17%.

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

2. Vistance Networks (NASDAQ:VISN)


Vistance Networks (NASDAQ:VISN) has an annual dividend yield of 168.07%, which is 165 percentage points higher than the tech sector average of 3.17%.

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

3. Stoneco (NASDAQ:STNE)


Stoneco (NASDAQ:STNE) has an annual dividend yield of 22.79%, which is 20 percentage points higher than the tech sector average of 3.17%.

Stoneco's dividend payout ratio of 89.3% indicates that its high dividend yield is sustainable for the long-term.

Why are tech stocks up?

Tech stocks were up 1.39% in the last day, and up 0.21% over the last week. D Wave Quantum was the among the top gainers in the technology sector, gaining 33.37% yesterday.

D-Wave Quantum shares are trading higher after the company announced it signed a Letter of Intent with the U.S. Department of Commerce for $100 million of proposed funding to accelerate development and scaling of its annealing and gate-model quantum systems.

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. Consensus Cloud Solutions (NASDAQ:CCSI)


Consensus Cloud Solutions (NASDAQ:CCSI) 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.

Consensus Cloud Solutions has a valuation score of 86, which is 63 points higher than the tech sector average of 23. It passed 6 out of 7 valuation due diligence checks.

Consensus Cloud Solutions's stock has gained 26.44% in the past year. It has overperformed other stocks in the tech sector by 8 percentage points.

2. Hp (NYSE:HPQ)


Hp (NYSE:HPQ) 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.

Hp has a valuation score of 29, which is 6 points higher than the tech sector average of 23. It passed 2 out of 7 valuation due diligence checks.

Hp's stock has dropped -23.45% in the past year. It has underperformed other stocks in the tech sector by -42 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 57, which is 34 points higher than the tech sector average of 23. It passed 4 out of 7 valuation due diligence checks.

Science Applications International's stock has dropped -21.46% in the past year. It has underperformed other stocks in the tech sector by -40 percentage points.

Are tech stocks a good buy now?

50.78% of tech stocks rated by analysts are a strong buy right now. On average, analysts expect tech stocks to rise by 10.43% over the next year.

6.18% of tech stocks have a Zen Rating of A (Strong Buy), 22.87% of tech stocks are rated B (Buy), 55.26% are rated C (Hold), 10.18% are rated D (Sell), and 5.51% 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 36x.
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