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
DXC	DXC TECHNOLOGY CO	$19.90	1,232,168	-5.01%	19.66	20.02	20.57	21.58	21.67	47.19	40.12	30.39	53.41	38.10	-0.34	-0.33	-0.01	1.65
SMTC	SEMTECH CORP	$40.85	1,523,035	32.48%	38.08	35.42	29.47	25.12	23.39	79.64	96.37	95.68	100.00	100.00	2.99	2.71	0.28	1.52
NUKK	NUKKLEUS INC	$0.88	250,934	731.82%	0.86	0.88	0.91	1.67	6.49	48.29	28.69	28.44	29.35	23.61	-0.03	-0.03	0.00	-0.15
APCX	APPTECH PAYMENTS CORP	$0.89	48,247	84.09%	0.88	0.91	1.20	1.46	2.05	38.03	51.19	44.78	96.76	93.36	-0.08	-0.10	0.02	-0.50
SGN	SIGNING DAY SPORTS INC	$0.30	8,875	-89.97%	0.30	0.30	0.38	0.59	N/A	44.09	49.17	52.04	80.14	82.31	-0.02	-0.03	0.01	1.72
AISP	AIRSHIP AI HOLDINGS INC	$6.31	246,055	-10.78%	6.81	7.34	7.65	5.28	8.00	43.19	20.10	15.56	34.72	25.60	-0.40	-0.23	-0.17	-0.33
MSTR	MICROSTRATEGY INC	$1,233.12	837,594	-14.58%	1,202.09	1,257.04	1,404.15	997.97	702.07	47.04	63.24	58.27	94.10	89.68	-52.43	-54.24	1.81	1.59
SQNS	SEQUANS COMMUNICATIONS	$0.50	160,811	157.29%	0.52	0.53	0.53	1.63	2.20	41.25	52.48	51.95	65.64	79.52	-0.04	-0.06	0.02	0.98
LYT	LYTUS TECHNOLOGIES HOLDINGS PTV LTD	$3.39	17,077	-31.63%	3.68	3.72	4.18	4.92	9.77	40.54	12.43	14.48	2.81	2.14	-0.21	-0.17	-0.04	1.96
CISO	CISO GLOBAL INC	$0.92	99,972	1,163.87%	1.08	1.15	1.26	1.41	1.79	29.94	8.21	7.28	17.50	20.53	-0.07	-0.06	-0.01	0.74
POET	POET TECHNOLOGIES INC	$2.02	391,030	-36.25%	2.35	1.80	1.50	1.31	2.05	54.39	44.67	46.24	44.16	48.09	0.25	0.26	-0.01	0.88
UAVS	AGEAGLE AERIAL SYSTEMS INC	$0.68	153,282	-36.53%	0.68	0.68	0.82	1.28	2.26	44.20	27.74	26.85	70.69	67.79	-0.04	-0.05	0.01	1.17
LKCO	LUOKUNG TECHNOLOGY CORP	$0.58	101,140	309.39%	0.51	0.52	0.61	0.59	0.74	56.66	73.66	56.98	100.00	95.69	-0.02	-0.03	0.01	0.92
WRAP	WRAP TECHNOLOGIES INC	$1.52	172,598	-44.83%	1.65	1.83	2.35	2.88	2.43	30.89	11.99	16.67	46.15	49.96	-0.23	-0.23	0.00	1.16
EGIO	EDGIO INC	$9.07	67,765	29.52%	9.68	11.92	10.40	10.79	20.00	41.86	7.18	5.46	14.61	11.20	-0.65	-0.27	-0.38	0.88
CLVT	CLARIVATE PLC	$6.16	7,039,425	35.19%	6.89	6.96	7.14	8.08	7.66	29.53	31.28	40.42	58.21	70.87	-0.17	-0.14	-0.04	1.02
SATS	ECHOSTAR CORP	$15.45	3,861,306	162.04%	16.49	15.55	14.44	14.28	14.97	50.15	76.82	88.29	60.61	84.85	0.75	0.69	0.06	0.87
BAND	BANDWIDTH INC	$21.15	574,352	-53.26%	19.42	18.48	18.64	16.22	14.26	64.42	71.00	79.20	86.20	90.18	0.85	0.44	0.41	1.09
ALIT	ALIGHT INC	$7.78	27,171,254	546.54%	9.03	9.09	9.23	9.01	8.30	23.26	51.89	64.81	64.56	87.49	-0.13	-0.06	-0.07	1.06
FRGT	FREIGHT TECHNOLOGIES INC	$0.70	87,662	-20.70%	0.78	0.84	1.18	2.04	3.03	29.14	8.90	7.73	20.19	20.78	-0.15	-0.16	0.01	0.56
XTIA	XTI AEROSPACE INC	$1.89	209,465	-34.10%	2.24	2.60	3.10	4.21	8.27	36.17	12.35	13.99	1.04	0.35	-0.33	-0.27	-0.06	1.18
PHUN	PHUNWARE INC	$7.14	345,640	92.96%	6.65	6.60	8.29	9.49	10.36	48.74	82.15	76.17	99.05	99.37	-0.44	-0.66	0.22	1.19
NTRP	NEXTTRIP INC	$2.34	25,361	465.97%	2.59	2.95	3.56	3.44	3.71	32.98	33.10	32.64	60.48	65.66	-0.36	-0.33	-0.03	0.92
XRX	XEROX HOLDINGS CORP	$13.46	1,114,490	-14.47%	13.55	14.83	16.40	17.11	16.01	26.24	15.80	15.16	37.11	33.23	-1.00	-0.93	-0.07	1.25
DBD	DIEBOLD NIXDORF INC	$40.64	269,514	-30.88%	35.14	33.89	33.95	32.21	N/A	75.83	93.26	90.97	100.00	100.00	1.33	0.36	0.98	0.93
WAVD	WAVEDANCER INC	$3.15	158,942	4,936.19%	2.51	2.29	2.61	2.23	2.56	64.35	76.76	68.99	75.59	66.07	0.02	-0.07	0.09	0.56
ALAB	ASTERA LABS INC	$69.26	5,392,568	159.44%	78.15	74.64	N/A	N/A	N/A	44.72	50.42	57.58	34.63	43.98	N/A	N/A	N/A	2.36
MRVL	MARVELL TECHNOLOGY INC	$68.11	5,597,072	3.14%	67.74	67.03	69.81	67.59	61.40	50.29	85.42	82.71	89.61	90.17	-0.32	-0.71	0.39	1.58
NOTE	FISCALNOTE HOLDINGS INC	$1.22	581,306	119.48%	1.34	1.27	1.45	1.34	1.65	42.23	54.73	69.30	52.80	73.23	-0.01	-0.03	0.01	0.73
SATX	SATIXFY COMMUNICATIONS LTD	$0.63	101,309	147.22%	0.60	0.57	0.59	0.52	0.49	60.34	81.56	72.32	95.51	93.70	0.01	0.00	0.01	1.35
NATL	NCR ATLEOS CORP	$22.73	615,998	-29.25%	21.33	21.23	20.45	21.53	N/A	65.10	87.24	78.00	83.89	71.55	0.42	0.27	0.14	0.78
ARBB	ARB IOT GROUP LTD	$1.03	9,643	-47.79%	1.07	1.08	1.27	1.38	1.49	39.73	37.35	43.25	41.32	56.25	-0.06	-0.07	0.01	-0.18
CAMP	CALAMP CORP	$3.85	17,054	15.99%	3.46	3.31	3.08	3.71	7.32	65.81	90.66	92.61	100.00	100.00	0.17	0.10	0.07	1.42
OST	OSTIN TECHNOLOGY GROUP CO LTD	$0.43	15,750	-31.92%	0.43	0.44	0.47	0.57	0.69	46.30	24.91	23.72	64.56	66.53	-0.01	-0.02	0.00	0.89
ZEPP	ZEPP HEALTH CORP	$0.84	35,208	20.82%	0.87	0.86	0.99	1.20	1.20	39.96	56.19	62.55	80.41	86.48	-0.03	-0.04	0.01	0.87
FCUV	FOCUS UNIVERSAL INC	$0.34	131,275	-40.24%	0.31	0.30	0.38	0.80	1.28	49.91	24.33	21.48	88.98	88.60	-0.02	-0.04	0.01	0.53
TURB	TURBO ENERGY SA	$1.21	1,556	-40.97%	1.18	1.17	1.18	1.16	N/A	54.95	20.00	24.13	31.56	39.96	0.00	0.00	-0.00	0.43
EZFL	EZFILL HOLDINGS INC	$2.84	14,030	-62.91%	2.54	2.45	2.13	1.85	2.13	71.78	84.23	82.33	98.84	97.47	0.17	0.14	0.03	0.26
KNW	KNOW LABS INC	$0.62	29,808	4.62%	0.65	0.63	0.66	0.59	0.55	47.42	59.27	69.78	48.94	64.10	0.00	0.00	0.00	0.38
RMCO	ROYALTY MANAGEMENT HOLDING CORP	$0.88	17,454	-88.95%	0.91	0.94	1.16	1.41	5.17	38.42	57.44	55.87	76.29	67.43	-0.07	-0.08	0.01	0.04
MRT	MARTI TECHNOLOGIES INC	$1.75	109,682	-1.29%	12.29	12.25	13.28	13.70	14.66	47.74	62.89	60.14	95.51	92.37	-0.23	-0.34	0.11	-0.02
UMAC	UNUSUAL MACHINES INC	$1.08	31,844	-87.18%	1.24	1.43	1.86	N/A	N/A	31.30	7.26	7.64	8.69	15.96	-0.23	-0.22	-0.01	0.75
SLNH	SOLUNA HOLDINGS INC	$2.69	13,901,232	89,893.09%	2.49	2.26	2.83	3.10	3.99	55.80	71.47	78.43	82.20	83.61	-0.04	-0.11	0.07	1.31
BNZI	BANZAI INTERNATIONAL INC	$0.30	234,150	270.21%	0.35	0.37	0.53	1.34	5.96	24.91	8.82	19.17	42.20	51.60	-0.07	-0.08	0.01	0.05
MOGO	MOGO INC	$1.80	102,774	395.89%	1.84	1.86	1.93	1.85	1.71	41.17	26.26	30.06	8.54	24.09	-0.03	-0.02	-0.01	1.35
RBRK	RUBRIK INC	$33.57	702,714	-38.88%	34.37	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	3.18
ST	SENSATA TECHNOLOGIES HOLDING PLC	$42.55	3,885,293	-5.55%	38.75	36.41	35.90	35.59	35.94	83.86	89.30	80.66	100.00	100.00	1.68	0.84	0.84	1.18
NA	NANO LABS LTD	$0.59	69,391	-13.19%	0.58	0.57	1.30	1.45	1.39	39.33	46.29	50.99	73.91	77.66	-0.19	-0.24	0.05	1.05
MRDB	MARIADB PLC	$0.50	64,728	-61.02%	0.52	0.50	0.41	0.35	0.46	54.70	58.85	67.81	13.51	26.96	0.03	0.03	-0.01	0.51
VYX	NCR VOYIX CORP	$12.62	1,987,918	21.56%	12.30	12.19	12.42	14.03	18.49	56.37	81.09	73.75	99.38	93.58	-0.04	-0.13	0.09	1.60
LPL	LG DISPLAY CO LTD	$4.00	139,413	-97.80%	4.09	3.98	4.06	4.37	4.65	47.06	50.93	70.00	51.11	75.04	0.02	-0.00	0.02	1.06
XELA	EXELA TECHNOLOGIES INC	$2.47	72,314	-61.47%	2.24	2.21	2.36	2.50	3.20	55.64	64.67	59.74	89.24	81.25	-0.01	-0.06	0.06	1.43
NVNI	NVNI GROUP LTD	$1.42	519	-29.48%	1.44	1.47	1.76	1.91	N/A	37.24	15.44	28.98	60.50	75.09	-0.09	-0.11	0.02	1.77
STX	SEAGATE TECHNOLOGY HOLDINGS PLC	$90.05	913,268	-30.05%	87.43	86.24	89.12	87.44	78.29	59.73	86.23	75.59	98.17	97.16	0.15	-0.49	0.64	1.06
MINM	MINIM INC	$3.61	9,364	-51.20%	3.87	4.16	5.08	4.23	3.05	37.36	36.80	42.33	52.51	68.41	-0.37	-0.39	0.02	0.69
JFU	9F INC	$3.05	2,540	42.70%	3.15	3.08	3.28	3.15	3.20	47.23	37.01	38.76	48.80	52.37	-0.04	-0.04	-0.01	0.51
AUUD	AUDDIA INC	$1.70	70,239	-13.53%	1.70	1.87	2.30	4.12	5.77	42.21	20.85	17.04	51.79	42.85	-0.20	-0.24	0.03	1.35
ISDR	ISSUER DIRECT CORP	$11.85	5,539	-20.68%	11.62	11.66	12.55	14.09	16.29	48.34	28.42	26.81	53.84	49.92	-0.29	-0.34	0.06	0.37
LEDS	SEMILEDS CORP	$1.44	2,206	-70.76%	1.53	1.54	1.52	1.46	1.57	41.32	3.55	10.40	2.18	2.12	-0.01	0.01	-0.02	0.72
ENV	ENVESTNET INC	$63.76	741,464	40.01%	62.78	61.84	57.91	54.23	50.07	64.06	61.52	58.92	24.01	28.71	1.56	1.67	-0.11	1.13
ASTS	AST SPACEMOBILE INC	$2.30	999,253	-32.14%	2.31	2.21	2.56	3.31	3.65	47.65	57.62	72.00	73.06	86.41	-0.04	-0.09	0.05	0.83
UPLD	UPLAND SOFTWARE INC	$2.95	515,593	-67.63%	2.49	2.42	2.60	3.41	3.66	57.68	73.20	61.34	90.14	87.83	0.03	-0.10	0.13	1.29
TCX	TUCOWS INC	$17.37	43,035	28.71%	17.99	17.87	18.10	20.59	21.02	41.78	19.71	36.82	26.37	49.11	-0.10	-0.13	0.03	0.94
COMM	COMMSCOPE HOLDING COMPANY INC	$1.05	2,203,977	-34.78%	0.96	0.99	1.17	1.79	2.30	48.97	39.52	40.76	84.52	82.44	-0.07	-0.10	0.03	1.51
CORZ	CORE SCIENTIFIC INC	$3.48	2,194,999	66.22%	3.29	3.17	3.37	N/A	N/A	56.26	88.99	84.18	86.77	83.59	0.02	-0.02	0.04	1.73
WISA	WISA TECHNOLOGIES INC	$3.45	608,045	21.53%	4.85	4.91	4.58	9.36	46.72	42.08	2.05	11.51	0.00	6.17	-0.16	0.01	-0.18	0.67
CAUD	COLLECTIVE AUDIENCE INC	$0.57	101,293	-81.54%	0.08	0.08	0.08	0.06	0.05	54.84	86.22	84.70	72.35	65.42	0.00	0.00	0.00	-0.19
UIS	UNISYS CORP	$4.95	850,692	51.18%	5.30	5.41	5.28	5.84	4.92	36.56	38.67	32.83	52.04	44.07	-0.07	-0.03	-0.04	1.28
MFI	MF INTERNATIONAL LTD	$1.20	955,025	23.01%	2.38	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-10.08
MOBX	MOBIX LABS INC	$3.01	12,273	-80.81%	19.80	19.86	20.20	20.40	19.99	47.79	65.76	60.02	88.55	81.70	-0.09	-0.13	0.04	0.00
ROMA	ROMA GREEN FINANCE LTD	$0.75	62,668	-70.30%	0.73	0.74	0.95	N/A	N/A	43.35	36.96	31.19	83.27	71.93	-0.06	-0.08	0.02	4.48
LDTC	LEDDARTECH HOLDINGS INC	$2.22	2,613	-34.30%	2.24	2.22	2.86	3.48	7.09	31.40	33.33	33.59	78.62	78.93	-0.15	-0.20	0.05	-0.06
ASNS	ACTELIS NETWORKS INC	$0.58	72,013	84.25%	0.69	0.72	0.91	1.03	1.19	31.48	13.33	17.37	36.78	49.63	-0.09	-0.08	-0.01	0.67
AWIN	AERWINS TECHNOLOGIES INC	$3.08	76,214	-63.50%	10.89	10.71	10.82	11.14	11.30	92.71	78.64	67.52	100.00	96.30	0.16	0.03	0.13	0.32
INTZ	INTRUSION INC	$1.54	158,804	6.13%	1.74	1.92	2.92	3.81	7.23	34.27	6.31	6.90	43.12	52.47	-0.39	-0.42	0.03	0.66
ZPTA	ZAPATA COMPUTING HOLDINGS INC	$1.24	651,535	-45.70%	1.37	1.67	5.71	8.17	9.46	25.82	3.73	2.77	16.80	11.63	-1.19	-1.43	0.24	0.02
HUBC	HUB CYBER SECURITY LTD	$0.89	1,427,627	167.81%	1.01	1.21	1.15	1.45	2.70	41.32	11.18	11.03	13.36	14.28	-0.07	-0.04	-0.03	0.03
KSPI	JOINT STOCK CO KASPIKZ	$118.27	86,309	-28.47%	117.98	116.38	116.73	N/A	N/A	51.15	66.84	66.16	60.37	64.09	0.57	0.47	0.10	0.82
GCTS	GCT SEMICONDUCTOR HOLDING INC	$6.02	152,241	-68.89%	5.42	5.28	10.22	10.40	10.50	45.95	82.53	86.35	89.52	95.55	-1.30	-1.77	0.48	0.76
VVPR	VIVOPOWER INTERNATIONAL PLC	$3.55	27,721	-68.79%	3.68	3.72	2.98	2.26	2.82	49.82	27.03	38.53	12.02	25.41	0.09	0.19	-0.10	0.71
ASTI	ASCENT SOLAR TECHNOLOGIES INC	$0.12	8,184,820	788.86%	0.10	0.11	0.26	0.51	3.22	30.55	68.87	55.72	98.72	99.15	-0.05	-0.06	0.01	0.50
RXT	RACKSPACE TECHNOLOGY INC	$1.86	579,817	19.33%	1.77	1.69	1.74	1.77	1.78	61.52	87.63	85.32	96.32	96.67	0.03	0.01	0.02	1.93
OPTX	SYNTEC OPTICS HOLDINGS INC	$3.20	6,696	41.12%	3.48	3.42	4.43	4.58	6.94	41.19	30.92	41.01	75.40	80.00	-0.23	-0.28	0.05	0.20
AILE	ILEARNINGENGINES INC	$8.89	44,950	49.80%	7.64	8.86	10.25	10.37	10.43	49.15	63.53	42.19	99.10	72.24	-0.77	-0.94	0.17	0.08

Tech Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Communication Equipment	65	+0.16%	+3.89%	+3.01%	-4.39%	8.37x	2.73x	+51.66%	+8.85%	+16.07%	+17.52%	Buy
Computer Hardware	38	+1.76%	+9.78%	-5.92%	+145.64%	34.05x	13.18x	-26.24%	+10.42%	+17.72%	+17.36%	Buy
Consumer Electronics	18	-0.71%	+3.14%	+3.03%	-4.62%	27.77x	22.18x	+142.90%	+28.05%	+54.20%	+21.56%	Buy
Electronic Components	44	+0.41%	+7.78%	+3.36%	+19.24%	21.22x	3.73x	+20.98%	+9.64%	+15.15%	+7.18%	Buy
Electronics & Computer Distribution	10	+0.73%	+5.65%	-1.07%	+36.64%	14.44x	1.40x	+11.25%	+3.60%	+11.72%	-0.37%	Hold
Information Technology Services	66	+0.09%	+4.95%	-2.29%	+20.65%	27.57x	4.58x	+24.38%	+8.10%	+16.41%	+15.53%	Buy
Scientific & Technical Instruments	33	-0.37%	+4.12%	+1.30%	+6.32%	12.72x	3.24x	+9.47%	+6.56%	+9.41%	+7.14%	Buy
Semiconductor Equipment & Materials	29	-0.23%	+6.69%	-2.07%	+51.27%	37.04x	11.68x	+51.00%	+18.23%	+30.75%	+9.23%	Buy
Semiconductors	69	+0.65%	+6.61%	+0.43%	+43.58%	64.25x	8.11x	+52.51%	+30.29%	+34.08%	+13.63%	Buy
Software - Application	251	-0.75%	+4.08%	-5.43%	+28.64%	33.78x	6.43x	+6.42%	+4.29%	+7.38%	+19.29%	Buy
Software - Infrastructure	138	-0.63%	+1.92%	-3.96%	+16.23%	43.19x	11.38x	+26.17%	+15.18%	+24.52%	+20.64%	Buy
Solar	23	-2.59%	+4.79%	-2.65%	-46.76%	30.34x	2.55x	+12.57%	+7.78%	+11.94%	+33.43%	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 15.43% over the past year, underperforming other tech stocks by -11 percentage points.

Rambus has an average 1 year price target of $85.00, an upside of 51.87% from Rambus's current stock price of $55.97.

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 30.78% over the past year, overperforming other tech stocks by 5 percentage points.

Logitech International Sa has an average 1 year price target of $93.83, an upside of 11.19% from Logitech International Sa's current stock price of $84.39.

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. Agilysys (NASDAQ:AGYS)

Agilysys (NASDAQ:AGYS) is the third best tech stock with a Zen Score of 64, which is 35 points higher than the tech sector average of 29. It passed 21 out of 33 due diligence checks and has strong fundamentals. Agilysys has seen its stock return 5.84% over the past year, underperforming other tech stocks by -20 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 24.08% from Agilysys's current stock price of $80.59.

Agilysys stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Agilysys, 0% have issued a Strong Buy rating, 100% 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 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 4.47%. 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 156.74%, which is 152 percentage points higher than the tech sector average of 4.47%. 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 141.41%, which is 137 percentage points higher than the tech sector average of 4.47%.

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 down?

Tech stocks were down -0.21% in the last day, and up 4.8% over the last week. Doubleverify Holdings was the among the top losers in the technology sector, dropping -38.57% yesterday.

DoubleVerify Holdings shares are trading lower after the company reported Q1 financial results.

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 -7.15% in the past year. It has underperformed other stocks in the tech sector by -33 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 -18.11% in the past year. It has underperformed other stocks in the tech sector by -44 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 79 points higher than the tech sector average of 21. It passed 7 out of 7 valuation due diligence checks.

Himax Technologies's stock has dropped -23.46% in the past year. It has underperformed other stocks in the tech sector by -50 percentage points.

Are tech stocks a good buy now?

39.39% of tech stocks rated by analysts are a strong buy right now. On average, analysts expect tech stocks to rise by 16.16% 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 42.94x.

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.