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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
Ticker
Company
Price
Valuation Score
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
CRSR
CORSAIR GAMING INC
$10.83N/AN/A-135.38x15.93x0.78x1.70xN/A$10.41M0.92%$663.54M6.41$1.18B22.15
ALAR
ALARUM TECHNOLOGIES LTD
$27.22N/AN/A-19.44x54.44x6.13x12.32xN/A$4.68M2.88%$13.18M2.21$153.57M-28.20
FTFT
FUTURE FINTECH GROUP INC
$0.78N/AN/A-0.34xN/A0.33x0.35xN/A-$17.43M-151.54%$43.98M2.98-$1.05M0.03
MITQ
MOVING IMAGE TECHNOLOGIES INC
$0.52N/AN/A-2.73xN/A0.28x0.76xN/A-$413.00k-7.51%$7.13M0.67$595.71k-0.33
MITK
MITEK SYSTEMS INC
$13.37N/AN/A-83.56xN/A3.81x2.89xN/A$16.24M2.59%$216.15M4.61$687.90M43.97
BLBX
BLACKBOXSTOCKS INC
$2.65N/AN/A-1.83xN/A2.75x1.17xN/A-$3.17M-37.13%$7.30M2.27$8.47M-1.83
JG
AURORA MOBILE LTD
$2.88N/AN/A-2.00xN/A0.34x1.67xN/A-$254.77k-1.88%$10.17M2.16$1.75M-0.29
MQ
MARQETA INC
$5.51N/AN/A-15.31x-15.31x4.95x2.36xN/A$16.54M0.58%$1.21B2.34$1.88B-10.69
CRNT
CERAGON NETWORKS LTD
$2.83N/AN/A56.60xN/A0.69x1.79xN/A$23.39M9.65%$135.02M1.58$260.18M8.38
RGTI
RIGETTI COMPUTING INC
$1.16N/AN/A-2.19x-3.87x13.65x1.73xN/A-$57.92M-32.84%$115.58M0.76$191.74M-3.29
WKEY
WISEKEY INTERNATIONAL HOLDING SA
$1.95N/AN/A-0.25xN/A0.63x0.75xN/A-$15.51M-87.38%$23.74M2.61$12.81M-0.33
MTEK
MARIS TECH LTD
$1.46N/AN/A-4.29xN/A2.86x1.67xN/A-$3.96M-34.32%$6.89M0.87$10.86M-3.79
NOTE
FISCALNOTE HOLDINGS INC
$1.27N/AN/A-3.74x-4.70x1.25x1.61xN/A-$27.69M-16.69%$106.10M0.81$315.61M-30.63
CTM
CASTELLUM INC
$0.27N/AN/A-0.72xN/A0.28x1.12xN/A-$2.28M-17.58%$12.95M0.27$24.60M-1.85
BL
BLACKLINE INC
$58.22N/AN/A46.58xN/A5.90x12.86xN/A$128.38M3.58%$279.83M4.54$4.68B33.30
TYL
TYLER TECHNOLOGIES INC
$484.76$30.211,504.76%107.72xN/A10.33x6.81x30.80x$320.99M1.56%$3.02B71.21$21.04B50.58
SELX
SEMILUX INTERNATIONAL LTD
$1.95N/AN/A-65.13xN/A13.48x10.45xN/A-$552.26k-1.02%$10.40M0.37$102.74M78.23
IDAI
T STAMP INC
$0.80N/AN/A-0.75xN/A1.25x2.15xN/A-$8.11M-142.25%$3.75M0.53$6.19M-0.94
SKYT
SKYWATER TECHNOLOGY INC
$7.64N/AN/A-10.91xN/A1.20x7.05xN/A$10.22M2.84%$51.34M1.09$413.66M88.09
ADEA
ADEIA INC
$11.25$3.90188.52%30.41xN/A3.42x3.49x2.11x$152.42M12.57%$349.95M3.25$1.72B8.53
REKR
REKOR SYSTEMS INC
$1.68N/AN/A-2.33xN/A3.04x4.30xN/A-$33.84M-31.90%$33.37M0.53$169.96M-5.08
RPAY
REPAY HOLDINGS CORP
$10.33N/AN/A-10.33x9.75x3.11x1.29xN/A$46.17M4.90%$813.81M8.92$1.36B142.98
FTCI
FTC SOLAR INC
$0.47N/AN/A-1.19x-2.33x0.59x1.06xN/A-$57.42M-98.07%$55.16M0.44$43.70M-0.95
CVLT
COMMVAULT SYSTEMS INC
$111.32N/AN/A11,132.00xN/A5.96x27.84xN/A$187.36M3.84%$174.60M3.98$4.59B154.02
MAPS
WM TECHNOLOGY INC
$1.14N/AN/A-0.87x-9.50x0.55x8.54xN/A-$535.00k-0.53%$19.95M0.21$177.27M1.89
SOUN
SOUNDHOUND AI INC
$5.09N/AN/A-13.39xN/A28.76x10.78xN/A-$76.22M-5.23%$155.48M0.54$1.55B-25.54
KOPN
KOPIN CORP
$0.76N/AN/A-4.23xN/A2.05x3.06xN/A-$16.21M-19.55%$29.51M0.27$86.52M-4.56
GVP
GSE SYSTEMS INC
$3.01N/AN/A-0.86xN/A0.17x1.83xN/A$893.00k11.93%$5.34M2.15$8.93M-1.55
PD
PAGERDUTY INC
$19.92N/AN/A-22.38x-26.92x4.27x10.77xN/A$64.43M3.50%$171.60M1.86$1.95B-44.11
BIGC
BIGCOMMERCE HOLDINGS INC
$7.59N/AN/A-11.86xN/A1.83x21.79xN/A-$10.75M-1.84%$26.92M0.35$874.52M-26.58
SCWX
SECUREWORKS CORP
$6.37N/AN/A-6.37x-7.41x1.50x1.12xN/A-$65.58M-11.96%$501.33M5.83$501.54M-6.43
AUR
AURORA INNOVATION INC
$3.22N/AN/A-5.96xN/AN/A2.69xN/A-$633.00M-12.80%$1.86B1.21$4.66B-6.50
BMTX
BM TECHNOLOGIES INC
$1.70N/AN/A-1.13xN/A0.36x0.66xN/A-$4.35M-22.06%$30.97M2.68$6.22M-1.14
BKTI
BK TECHNOLOGIES CORP
$12.65N/AN/A-158.13xN/A0.61x2.08xN/A-$1.43M-3.19%$21.52M6.08$50.40M24.39
GSIT
GSI TECHNOLOGY INC
$3.01N/AN/A-3.81xN/A3.46x1.92xN/A-$15.49M-20.37%$39.58M1.57$55.33M-3.10
MU
MICRON TECHNOLOGY INC
$121.24N/AN/A-35.24x31.33x7.31x3.06xN/A-$3.31B-2.47%$43.87B39.74$140.56B34.66
NTNX
NUTANIX INC
$67.58N/AN/A-233.03x-37.75x8.16x-26.99xN/A$393.27M2.39%-$611.68M-2.51$17.19B278.05
HOLO
MICROCLOUD HOLOGRAM INC
$1.70N/AN/A-0.33xN/A0.13x0.52xN/A-$3.96M-107.47%$19.60M9.04-$6.57M0.60
QRVO
QORVO INC
$97.69N/AN/A-46.97x7.73x2.74x2.59xN/A$615.12M6.48%$3.64B37.45$10.39B43.73
NTCT
NETSCOUT SYSTEMS INC
$20.32N/AN/A-12.17x14.01x1.73x0.76xN/A$71.11M4.93%$1.90B26.79$1.30B-53.25
GBTG
GLOBAL BUSINESS TRAVEL GROUP INC
$5.98N/AN/A-13.91xN/A1.19x2.41xN/A$182.00M6.59%$1.17B2.54$3.79B13.48
WOLF
WOLFSPEED INC
$24.12N/AN/A-3.77x20.97x3.60x2.97xN/A-$2.39B-78.75%$1.02B8.13$6.16B-9.93
PGY
PAGAYA TECHNOLOGIES LTD
$12.68N/AN/A-9.12xN/A0.94x1.43xN/A$33.91M4.15%$626.83M9.72$1.22B-23.13
ZENV
ZENVIA INC
$2.29N/AN/A-2.42x16.36x0.62x0.51xN/A$41.64M43.41%$188.16M4.49$94.54M-3.46
SOBR
SOBR SAFE INC
$0.23N/AN/A-0.41xN/A25.78x2.28xN/A-$5.93M-140.95%$2.04M0.11$4.53M-0.51
VERX
VERTEX INC
$31.70N/AN/A634.00x792.50x8.20x19.66xN/A$21.17M0.43%$250.13M1.62$4.89B67.91
SONO
SONOS INC
$16.63N/AN/A-50.39x11.79x1.33x4.14xN/A$152.09M7.39%$494.00M3.99$1.85B83.65
MXL
MAXLINEAR INC
$18.52N/AN/A-9.75xN/A2.82x2.41xN/A$603.00k0.04%$637.98M7.75$1.49B-17.98
ZBRA
ZEBRA TECHNOLOGIES CORP
$315.80$291.638.29%62.29x15.51x3.73x5.12x0.42x$112.00M0.69%$3.17B61.63$18.35B31.69
OBLG
OBLONG INC
$0.11N/AN/A-0.20xN/A0.56x0.51xN/A-$2.78M-145.95%$4.43M0.26-$3.11M0.79
AUID
AUTHID INC
$8.50N/AN/A-2.70xN/A274.19x6.09xN/A-$8.39M-16.04%$13.20M2.15$70.37M-3.90
EVCM
EVERCOMMERCE INC
$10.09N/AN/A-48.05xN/A2.75x2.33xN/A$82.15M4.36%$800.69M4.29$2.31B22.14
BLND
BLEND LABS INC
$2.88N/AN/A-4.97xN/A4.68x-20.32xN/A-$87.08M-12.05%-$35.76M-0.14$787.58M-7.89
OSS
ONE STOP SYSTEMS INC
$2.67N/AN/A-7.40xN/A0.97x1.45xN/A$675.90k1.24%$38.37M1.85$52.30M-9.54
PRSO
PERASO INC
$1.44N/AN/A-0.06x-0.19x0.07x0.76xN/A-$4.78M-514.31%$4.08M6.32$2.25M-0.17
CETX
CEMTREX INC
$0.28N/AN/A-0.06xN/A0.00x0.04xN/A-$4.46M-1,514.59%$6.76M6.45$8.55M3.68
DDD
3D SYSTEMS CORP
$3.70N/AN/A-5.07x92.50x0.95x0.71xN/A-$114.31M-23.73%$699.54M5.37$581.65M-9.58
SPWR
SUNPOWER CORP
$2.30N/AN/A-3.38x3.59x0.22x0.95xN/A-$180.53M-44.78%$422.61M2.41$638.72M-14.44
SEDG
SOLAREDGE TECHNOLOGIES INC
$49.47N/AN/A-10.78x5.20x1.26x1.27xN/A-$563.59M-19.94%$2.24B39.21$3.33B-15.15
GRND
GRINDR INC
$10.14N/AN/A-56.33xN/A6.37x-80.91xN/A$44.21M2.49%-$22.02M-0.13$2.08B80.74
AKTS
AKOUSTIS TECHNOLOGIES INC
$0.57N/AN/A-0.59x-8.11x1.40x1.04xN/A-$52.16M-125.70%$53.77M0.74$87.32M-1.54
LINK
INTERLINK ELECTRONICS INC
$4.35N/AN/A-31.75xN/A3.11x3.55xN/A$595.00k1.38%$12.08M1.23$38.64M-159.67
MVIS
MICROVISION INC
$1.22N/AN/A-2.59xN/A31.97x2.68xN/A-$75.80M-31.69%$93.80M0.48$221.25M-2.71
PERF
PERFECT CORP
$2.28N/AN/A45.60xN/A4.18x1.65xN/AN/AN/A$140.68M1.38$111.01MN/A
ATOM
ATOMERA INC
$4.42N/AN/A-5.67xN/A200.91x6.46xN/A-$14.47M-12.58%$18.41M0.71$107.28M-5.97
YEXT
YEXT INC
$5.47N/AN/A-273.50x-10.32x1.68x4.64xN/A$43.43M6.40%$147.17M1.19$579.20M23.41
SILC
SILICOM LTD
$17.07N/AN/A-3.40xN/A1.06x0.76xN/AN/AN/A$141.48M22.55$51.39MN/A
SMWB
SIMILARWEB LTD
$7.03N/AN/A-27.04x-10.04x2.49x29.55xN/A$5.52M1.00%$19.11M0.24$550.68M-77.47
CGNT
COGNYTE SOFTWARE LTD
$7.53N/AN/A-34.23xN/A1.68x2.70xN/A$25.49M4.83%$197.88M2.82$479.41M-143.02
WALD
WALDENCAST PLC
$4.45N/AN/A-4.49x17.12x1.86x1.59xN/A-$31.82M-7.84%$624.63M6.85$1.15B-72.57
IMTE
INTEGRATED MEDIA TECHNOLOGY LTD
$2.20N/AN/A-50.00xN/A8.27x0.25xN/A-$5.82M-124.50%$18.75M8.82$8.35M-1.22
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
$74.64N/AN/A-7.29x8.10x3.83x2.30xN/A$2.62B6.10%$18.02B31.29$49.38B-16.29
UPBD
UPBOUND GROUP INC
$32.65N/AN/A-74.20x6.07x0.44x3.08xN/A$84.70M4.75%$578.30M10.59$3.28B2.06
MYNA
MYNARIC AG
$5.09N/AN/A-1.36x8.08x22.83x3.78xN/A-$66.37M-59.98%$30.54M1.40$130.22M-1.80
RSSS
RESEARCH SOLUTIONS INC
$2.91N/AN/A-145.50xN/A2.01x6.80xN/A$1.85M2.27%$13.96M0.50$92.23M-693.06
JAMF
JAMF HOLDING CORP
$19.51N/AN/A-22.95xN/A4.28x3.50xN/A$41.29M1.66%$716.07M5.63$2.65B-49.83
AIXI
XIAO-I CORP
$1.19N/AN/A-3.18xN/A1.42x-17.55xN/A-$17.95M-21.35%-$4.86M-0.07$112.95M-5.93
DOMO
DOMO INC
$7.17N/AN/A-3.41x-1.91x0.81x-1.78xN/A-$9.15M-3.54%-$153.55M-4.26$341.22M-5.38
INSG
INSEEGO CORP
$5.03N/AN/A-1.21xN/A0.31x-0.57xN/A-$4.19M-7.02%-$105.59M-8.89$217.21M-17.42
WDC
WESTERN DIGITAL CORP
$71.60N/AN/A-14.18x12.30x1.96x2.31xN/A-$1.02B-4.38%$10.12B31.05$29.25B-60.69
KPLT
KATAPULT HOLDINGS INC
$16.87N/AN/A-1.88xN/A0.31x-2.46xN/A-$18.39M-26.66%-$27.99M-6.85$126.88M1.17
NOVA
SUNNOVA ENERGY INTERNATIONAL INC
$4.03N/AN/A-1.19x-3.70x0.69x0.31xN/A-$2.08B-419.18%$1.60B13.05$8.04B67.27
QBTS
D-WAVE QUANTUM INC
$1.30N/AN/A-2.17xN/A20.63x-8.59xN/A-$61.28M-34.15%-$24.48M-0.18$241.53M-2.99
BLKB
BLACKBAUD INC
$77.65$22.05252.21%189.39x51.09x3.60x7.51x1.37x$180.32M4.46%$534.05M10.26$4.70B24.52
BOXL
BOXLIGHT CORP
$0.62N/AN/A-0.13xN/A0.03x0.67xN/A$9.91M164.52%$9.08M0.94$41.67M-1.99
PDYN
PALLADYNE AI CORP
$1.31N/AN/A-0.33x-0.44x4.65x1.02xN/A-$64.18M-189.31%$34.20M1.32$15.12M-0.15
ERIC
ERICSSON LM TELEPHONE CO
$5.34N/AN/A-6.87x6.43x0.69x1.85xN/A$182.97M1.03%$9.65B2.90$19.73B-10.32
PXLW
PIXELWORKS INC
$1.81N/AN/A-3.85xN/A1.70x8.34xN/A-$22.65M-22.27%$12.54M0.22$59.64M-2.77
MNY
MONEYHERO LTD
$1.82N/AN/A-0.10xN/A0.87x0.89xN/A-$17.13M-24.40%$79.08M2.05$2.10M-0.01
AMPL
AMPLITUDE INC
$9.12N/AN/A-12.67x-6.91x3.90x3.84xN/A$27.15M2.47%$289.21M2.39$848.02M-11.39
ASX
ASE TECHNOLOGY HOLDING CO LTD
$10.52$6.9950.60%9.33xN/A0.51x1.03x4.60xN/AN/A$8.93B10.23$12.68BN/A
ATGL
ALPHA TECHNOLOGY GROUP LTD
$4.84N/AN/A-37.81xN/A57.62x29.81xN/A$543.28k0.85%$2.48M0.19$73.63M-100.42
BTCM
BIT MINING LTD
$2.52N/AN/A-2.52xN/A0.64x0.71xN/AN/AN/A$39.43M3.58$28.18MN/A
VYX
NCR VOYIX CORP
$12.47N/AN/A-3.60x3.35x0.64x-53.19xN/A-$5.00M-0.28%-$34.00M-0.24$4.47B10.10
RDWR
RADWARE LTD
$19.33N/AN/A-42.02xN/A3.14x2.78xN/A$13.42M1.67%$289.56M6.94$751.23M-42.56
VRAR
GLIMPSE GROUP INC
$1.14N/AN/A-0.63xN/A1.61x1.29xN/A-$6.06M-31.93%$14.80M0.89$14.67M-0.62
BLIN
BRIDGELINE DIGITAL INC
$1.28N/AN/A-1.33xN/A0.86x1.22xN/A-$556.00k-4.14%$10.93M1.05$12.87M-1.55
LASR
NLIGHT INC
$13.41N/AN/A-13.15xN/A3.16x2.61xN/A$14.61M2.30%$244.36M5.17$590.45M-18.14
CAN
CANAAN INC
$0.96N/AN/A-0.40xN/A0.78x0.70xN/A-$124.64M-75.60%$348.19M2.03$147.64M-0.37
BCAN
BYND CANNASOFT ENTERPRISES INC
$0.87N/AN/A-0.01xN/A0.16x0.03xN/A-$3.84M-2,164.25%$34.83M170.67-$1.87M0.10

Tech Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
65+0.94%+2.38%+4.97%-3.62%8.89x2.76x+42.43%+8.81%+16.09%+15.76%Buy
38+0.99%+4.57%-3.72%+144.22%34.85x13.47x-25.70%+10.59%+17.93%+17.31%Buy
18-1.26%-2.40%+2.40%-5.14%27.80x22.19x+143.10%+28.08%+54.28%+22.95%Buy
44+0.26%+4.42%+6.64%+20.40%20.88x3.76x+20.88%+9.60%+15.07%+6.49%Buy
10+0.45%+3.72%-1.09%+36.02%14.67x1.41x+11.28%+3.61%+11.73%-0.27%Hold
66+0.35%+1.11%-2.11%+18.35%27.25x4.52x+24.38%+8.06%+16.35%+16.92%Buy
33-0.58%+1.46%+4.10%+7.02%13.06x3.25x+8.78%+6.48%+9.41%+6.97%Buy
29+1.18%+2.77%+0.30%+53.29%37.65x11.84x+50.98%+18.24%+30.78%+9.03%Buy
69+0.54%+2.47%+1.80%+44.45%64.08x8.15x+52.21%+30.11%+33.88%+13.45%Strong Buy
252-0.35%+1.24%-3.57%+26.47%34.74x6.45x+5.51%+4.43%+7.62%+19.58%Buy
138-0.18%+0.61%-3.03%+15.17%43.43x11.42x+26.59%+15.24%+24.60%+21.16%Buy
23-3.17%-5.79%-8.40%-48.94%23.90x2.51x+11.55%+7.43%+11.54%+36.55%Buy

Tech Stocks FAQ

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

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

1. Rambus (NASDAQ:RMBS)


Rambus (NASDAQ:RMBS) is the top tech stock with a Zen Score of 72, which is 43 points higher than the tech sector average of 29. It passed 23 out of 33 due diligence checks and has strong fundamentals. Rambus has seen its stock return 15.1% over the past year, underperforming other tech stocks by -10 percentage points.

Rambus has an average 1 year price target of $85.00, an upside of 49.91% from Rambus's current stock price of $56.70.

Rambus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Rambus, 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.

2. Logitech International Sa (NASDAQ:LOGI)


Logitech International Sa (NASDAQ:LOGI) is the second best tech stock with a Zen Score of 67, which is 38 points higher than the tech sector average of 29. It passed 24 out of 38 due diligence checks and has strong fundamentals. Logitech International Sa has seen its stock return 32.64% over the past year, overperforming other tech stocks by 7 percentage points.

Logitech International Sa has an average 1 year price target of $93.83, an upside of 10.7% from Logitech International Sa's current stock price of $84.76.

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

3. Epam Systems (NYSE:EPAM)


Epam Systems (NYSE:EPAM) is the third best tech stock with a Zen Score of 66, which is 37 points higher than the tech sector average of 29. It passed 21 out of 33 due diligence checks and has strong fundamentals. Epam Systems has seen its stock lose -21.02% over the past year, underperforming other tech stocks by -47 percentage points.

Epam Systems has an average 1 year price target of $291.38, an upside of 58.87% from Epam Systems's current stock price of $183.40.

Epam Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Epam Systems, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% 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 119 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 4.57%. 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 165.2%, which is 161 percentage points higher than the tech sector average of 4.57%. 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 143.59%, which is 139 percentage points higher than the tech sector average of 4.57%.

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 0.1% in the last day, and up 1.69% over the last week. Inseego was the among the top gainers in the technology sector, gaining 30.99% yesterday.

Inseego shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates.

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 79 points higher than the tech sector average of 21. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -9.86% in the past year. It has underperformed other stocks in the tech sector by -35 percentage points.

2. Cricut (NASDAQ:CRCT)


Cricut (NASDAQ:CRCT) is the second most undervalued tech stock based on WallStreetZen's Valuation Score. Cricut has a valuation score of 100, which is 79 points higher than the tech sector average of 21. It passed 7 out of 7 valuation due diligence checks.

Cricut's stock has dropped -21.93% in the past year. It has underperformed other stocks in the tech sector by -47 percentage points.

3. International Money Express (NASDAQ:IMXI)


International Money Express (NASDAQ:IMXI) is the third most undervalued tech stock based on WallStreetZen's Valuation Score. International Money Express has a valuation score of 100, which is 79 points higher than the tech sector average of 21. It passed 7 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -14.95% in the past year. It has underperformed other stocks in the tech sector by -40 percentage points.

Are tech stocks a good buy now?

41.07% of tech stocks rated by analysts are a strong buy right now. On average, analysts expect tech stocks to rise by 16.34% 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 43.12x.
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.