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
SMTC	SEMTECH CORP	$39.01	1,227,514	-38.19%	35.91	34.49	28.29	24.54	23.20	76.06	90.28	90.08	100.00	96.50	2.76	2.50	0.26	1.52
MRVL	MARVELL TECHNOLOGY INC	$68.51	7,948,480	-19.50%	66.24	67.54	69.79	67.18	61.32	51.58	50.03	40.42	67.22	61.67	-0.83	-1.01	0.17	1.58
SGN	SIGNING DAY SPORTS INC	$0.31	11,903	-85.59%	0.30	0.31	0.40	0.61	N/A	46.22	59.80	44.52	89.85	77.42	-0.03	-0.04	0.01	1.75
EMKR	EMCORE CORP	$2.65	81,690	-48.08%	2.74	2.82	3.44	4.22	4.75	37.05	24.06	29.89	54.43	58.60	-0.24	-0.26	0.02	0.88
AISP	AIRSHIP AI HOLDINGS INC	$6.04	534,554	149.91%	7.13	7.71	7.35	5.42	8.07	40.74	3.85	11.51	3.29	14.61	-0.32	-0.08	-0.24	-0.34
ETWO	E2OPEN PARENT HOLDINGS INC	$4.75	663,661	-53.93%	4.45	4.28	4.24	4.12	4.12	64.05	81.40	83.15	93.93	96.59	0.15	0.06	0.08	1.22
INFA	INFORMATICA INC	$29.84	2,097,891	0.74%	31.23	33.98	33.99	31.78	26.63	28.44	7.09	8.99	0.00	0.82	-1.25	-0.74	-0.51	1.49
NUKK	NUKKLEUS INC	$0.86	137,399	150.39%	0.88	0.89	0.91	1.92	6.65	45.16	32.91	30.48	31.14	28.40	-0.03	-0.03	0.00	-0.15
DXC	DXC TECHNOLOGY CO	$19.16	1,330,807	-26.34%	19.99	20.26	20.68	21.70	21.79	38.71	7.95	7.57	5.64	11.11	-0.43	-0.29	-0.14	1.65
RTC	BAIJIAYUN GROUP LTD	$1.35	53,196	-57.78%	1.36	1.21	1.03	1.51	2.81	55.85	54.14	69.70	41.21	62.60	0.11	0.08	0.03	0.08
CISO	CISO GLOBAL INC	$1.06	55,115	117.92%	1.12	1.18	1.30	1.42	1.82	37.02	13.88	15.92	28.49	31.16	-0.06	-0.05	-0.00	0.74
EGIO	EDGIO INC	$9.00	143,728	137.63%	10.29	12.42	10.47	10.94	20.33	41.24	1.83	1.64	1.31	1.18	-0.49	0.05	-0.54	0.89
WRAP	WRAP TECHNOLOGIES INC	$1.69	287,982	-12.51%	1.79	1.91	2.49	2.91	2.43	35.48	14.21	12.39	30.31	13.43	-0.23	-0.23	-0.00	1.16
UAVS	AGEAGLE AERIAL SYSTEMS INC	$0.67	201,885	-34.28%	0.69	0.69	0.84	1.33	2.32	42.24	21.51	26.27	52.69	56.26	-0.05	-0.06	0.01	1.16
MLNK	MERIDIANLINK INC	$17.23	149,364	-41.61%	10.57	10.13	9.02	8.78	8.80	65.27	59.19	69.12	62.72	79.14	0.47	0.51	-0.04	1.09
LYT	LYTUS TECHNOLOGIES HOLDINGS PTV LTD	$3.42	47,673	-31.14%	3.93	3.77	4.15	5.06	10.16	40.55	19.61	29.43	9.06	29.45	-0.17	-0.14	-0.03	1.96
GBTG	GLOBAL BUSINESS TRAVEL GROUP INC	$6.17	346,088	-28.58%	6.04	5.99	5.88	5.94	5.93	66.19	79.26	76.75	100.00	100.00	0.06	0.05	0.01	0.35
POET	POET TECHNOLOGIES INC	$2.05	2,344,924	127.22%	2.24	1.67	1.46	1.27	2.08	55.56	56.85	67.72	64.38	76.81	0.33	0.24	0.09	0.88
SQNS	SEQUANS COMMUNICATIONS	$0.55	136,637	105.28%	0.52	0.53	0.55	1.69	2.23	46.14	43.70	39.64	57.56	41.11	-0.05	-0.07	0.02	0.98
CLVT	CLARIVATE PLC	$6.85	3,576,261	-4.32%	7.01	7.08	7.24	8.12	7.70	40.35	44.76	40.76	69.12	61.63	-0.13	-0.13	-0.00	1.02
UMAC	UNUSUAL MACHINES INC	$1.29	397,919	1,210.93%	1.36	1.53	1.99	N/A	N/A	36.06	8.04	4.60	18.27	7.12	-0.22	-0.22	0.00	1.07
NTRP	NEXTTRIP INC	$2.55	1,358	-92.63%	2.74	3.19	3.59	3.46	3.76	35.75	24.89	22.29	41.13	21.90	-0.36	-0.30	-0.05	0.92
MRDB	MARIADB PLC	$0.52	451,399	802.04%	0.52	0.50	0.40	0.34	0.46	58.82	78.70	78.96	48.27	50.09	0.04	0.04	-0.00	0.52
TURB	TURBO ENERGY SA	$1.20	639	25.54%	1.18	1.17	1.18	1.18	N/A	53.97	54.76	51.59	94.16	91.61	0.01	0.00	0.01	0.51
WAVD	WAVEDANCER INC	$2.37	9,852	274.60%	2.29	2.29	2.57	2.19	2.56	48.16	70.69	81.80	67.20	80.85	-0.06	-0.11	0.05	0.56
ARBB	ARB IOT GROUP LTD	$1.10	37,514	-24.08%	1.10	1.09	1.30	1.38	1.52	44.95	43.73	42.07	57.31	54.17	-0.06	-0.08	0.01	-0.18
FRGT	FREIGHT TECHNOLOGIES INC	$0.68	309,952	-30.51%	0.84	0.90	1.26	2.11	3.13	26.26	5.09	6.07	26.76	36.10	-0.16	-0.16	0.00	0.56
ZEPP	ZEPP HEALTH CORP	$0.87	49,656	-27.40%	0.86	0.87	1.01	1.21	1.20	43.15	42.90	29.86	85.92	83.02	-0.04	-0.06	0.01	0.87
KNW	KNOW LABS INC	$0.68	8,505	-73.52%	0.64	0.63	0.66	0.59	0.56	56.28	82.73	80.08	83.76	81.48	0.01	-0.00	0.01	0.39
RMCO	ROYALTY MANAGEMENT HOLDING CORP	$0.89	21,980	234.91%	0.92	0.97	1.17	1.48	5.32	37.14	45.26	40.95	16.63	10.63	-0.09	-0.09	0.00	0.03
PHUN	PHUNWARE INC	$6.66	126,041	-38.06%	6.42	6.70	8.40	9.40	10.53	42.90	52.67	45.09	90.30	87.88	-0.64	-0.81	0.17	1.19
MRT	MARTI TECHNOLOGIES INC	$1.64	156,679	-37.09%	12.15	12.34	13.41	13.75	14.72	47.16	51.04	51.17	82.20	84.52	-0.33	-0.42	0.09	-0.02
FCUV	FOCUS UNIVERSAL INC	$0.30	109,129	-1.04%	0.30	0.30	0.38	0.83	1.30	42.13	21.37	20.71	93.11	87.34	-0.04	-0.05	0.01	0.53
OMQS	OMNIQ CORP	$0.36	60,799	122.87%	0.39	0.45	0.47	0.52	1.06	42.69	5.45	7.67	5.17	7.80	-0.03	-0.02	-0.01	0.28
XTIA	XTI AEROSPACE INC	$2.05	170,004	12.54%	2.48	2.76	3.27	4.37	8.47	37.98	17.05	17.12	0.00	5.27	-0.28	-0.23	-0.05	1.18
NATL	NCR ATLEOS CORP	$21.48	426,707	-49.66%	21.16	21.02	20.37	21.52	N/A	56.42	50.14	31.84	45.45	26.72	0.19	0.21	-0.01	0.77
DBD	DIEBOLD NIXDORF INC	$38.00	317,129	16.50%	32.91	33.05	33.62	31.85	N/A	69.97	67.51	46.22	77.41	65.59	0.16	-0.26	0.42	0.93
SATX	SATIXFY COMMUNICATIONS LTD	$0.60	88,660	273.20%	0.58	0.57	0.59	0.51	0.49	54.08	61.07	59.21	84.55	80.86	0.00	-0.00	0.00	1.36
OST	OSTIN TECHNOLOGY GROUP CO LTD	$0.43	23,802	-66.94%	0.43	0.44	0.48	0.58	0.70	46.24	16.85	14.79	60.87	58.44	-0.02	-0.02	0.00	0.88
EZFL	EZFILL HOLDINGS INC	$2.59	7,779	-77.59%	2.41	2.39	2.07	1.83	2.12	65.23	62.46	56.03	67.93	40.99	0.12	0.13	-0.01	0.25
XRX	XEROX HOLDINGS CORP	$13.36	1,979,977	10.61%	14.07	15.39	16.72	17.19	16.04	23.00	10.99	6.66	17.90	8.99	-1.06	-0.84	-0.22	1.25
NOTE	FISCALNOTE HOLDINGS INC	$1.40	421,815	-19.50%	1.31	1.28	1.47	1.34	1.69	55.57	79.70	79.20	88.69	87.87	-0.01	-0.04	0.03	0.73
CAMP	CALAMP CORP	$3.68	13,582	147.17%	3.32	3.22	3.05	3.80	7.56	62.45	92.92	81.52	91.35	73.54	0.09	0.05	0.04	1.42
RBRK	RUBRIK INC	$32.75	1,123,607	31.11%	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	2.52
MOGO	MOGO INC	$1.84	39,669	264.37%	1.86	1.89	1.93	1.85	1.72	45.06	27.84	23.96	40.47	39.16	-0.02	-0.02	-0.00	1.35
SLNH	SOLUNA HOLDINGS INC	$2.50	14,493	-69.44%	2.44	2.30	2.87	3.14	4.04	49.91	85.15	82.22	90.04	87.96	-0.08	-0.15	0.07	1.31
ISDR	ISSUER DIRECT CORP	$11.57	16,678	1,305.05%	11.70	11.79	12.77	14.20	16.42	41.58	67.65	57.29	78.50	74.38	-0.31	-0.38	0.07	0.37
MODN	MODEL N INC	$29.81	727,996	140.87%	29.67	29.70	27.42	26.96	26.55	68.13	65.52	50.19	45.94	29.42	0.58	0.70	-0.11	0.98
BNZI	BANZAI INTERNATIONAL INC	$0.34	213,868	-41.10%	0.36	0.40	0.55	1.66	6.11	28.59	43.56	46.40	78.48	89.64	-0.08	-0.09	0.02	0.06
ALIT	ALIGHT INC	$9.30	3,673,370	-22.24%	9.15	9.19	9.25	8.99	8.32	53.06	50.15	35.33	70.25	50.29	-0.05	-0.05	0.01	1.06
NA	NANO LABS LTD	$0.63	506,908	-60.39%	0.53	0.73	1.36	1.49	1.41	40.00	64.30	48.19	93.77	89.54	-0.23	-0.27	0.05	1.07
COMM	COMMSCOPE HOLDING COMPANY INC	$0.99	3,769,595	-46.17%	0.97	1.02	1.23	1.82	2.35	44.33	43.61	31.15	76.37	67.99	-0.09	-0.11	0.02	1.52
LPL	LG DISPLAY CO LTD	$4.26	408,235	265.35%	4.06	3.98	4.07	4.40	4.67	62.82	96.72	95.89	100.00	98.59	0.02	-0.03	0.05	1.06
VYX	NCR VOYIX CORP	$12.31	1,989,730	22.47%	12.19	12.21	12.55	14.11	18.70	49.06	54.74	54.11	66.79	68.40	-0.13	-0.19	0.06	1.59
ST	SENSATA TECHNOLOGIES HOLDING PLC	$40.07	3,502,598	28.46%	36.43	35.49	35.46	35.36	36.00	78.02	64.50	64.46	100.00	100.00	0.91	0.24	0.68	1.18
XELA	EXELA TECHNOLOGIES INC	$2.11	86,538	-19.35%	2.08	2.21	2.34	2.53	3.24	44.86	39.87	41.31	56.98	64.93	-0.09	-0.10	0.00	1.42
NVNI	NVNI GROUP LTD	$1.55	1,029	35.75%	1.45	1.53	1.79	1.92	N/A	45.48	30.30	16.46	78.17	52.40	-0.10	-0.12	0.02	1.84
ASTS	AST SPACEMOBILE INC	$2.45	2,737,067	86.82%	2.24	2.19	2.61	3.39	3.68	54.74	80.87	73.39	93.81	87.45	-0.07	-0.14	0.06	0.83
LEDS	SEMILEDS CORP	$1.52	4,958	71.97%	1.57	1.55	1.53	1.47	1.58	48.15	32.38	37.86	22.97	39.72	0.01	0.02	-0.00	0.72
AUUD	AUDDIA INC	$1.70	345,348	48.74%	1.73	2.06	2.42	4.26	5.89	41.71	7.56	5.48	18.23	10.03	-0.24	-0.26	0.02	1.35
MINM	MINIM INC	$4.15	7,481	-81.84%	3.80	4.48	5.10	4.23	3.05	44.26	39.25	29.04	75.57	51.44	-0.39	-0.40	0.01	0.70
UPLD	UPLAND SOFTWARE INC	$2.59	20,268,560	5,187.10%	2.22	2.38	2.58	3.44	3.67	54.29	20.02	12.82	49.81	39.84	-0.16	-0.19	0.03	1.28
JFU	9F INC	$3.11	2,758	60.07%	3.19	3.09	3.28	3.18	3.21	48.32	40.78	45.79	59.04	64.51	-0.03	-0.04	0.01	0.51
STX	SEAGATE TECHNOLOGY HOLDINGS PLC	$87.50	1,654,782	16.95%	86.37	86.10	89.08	87.25	77.83	51.90	48.60	44.27	86.13	79.80	-0.64	-0.92	0.28	1.06
TCX	TUCOWS INC	$18.33	23,794	-34.34%	17.97	17.87	18.19	20.79	21.17	52.83	64.49	56.56	86.37	79.38	-0.05	-0.19	0.14	0.95
CORZ	CORE SCIENTIFIC INC	$3.35	1,737,740	-17.02%	3.28	3.14	3.36	N/A	N/A	53.24	63.00	52.38	64.98	53.72	-0.03	-0.04	0.02	1.72
MOBX	MOBIX LABS INC	$3.01	23,503	-65.78%	19.81	19.90	20.21	20.41	19.97	47.66	30.16	18.57	42.66	27.13	-0.15	-0.15	0.00	0.00
ENV	ENVESTNET INC	$62.96	294,524	-14.49%	62.44	61.15	57.21	53.64	50.05	62.86	55.99	54.05	47.98	54.44	1.66	1.76	-0.09	1.13
MFI	MF INTERNATIONAL LTD	$1.34	932,790	-36.16%	5.30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-10.38
ROMA	ROMA GREEN FINANCE LTD	$0.72	1,062,762	483.83%	0.74	0.76	0.98	N/A	N/A	38.19	21.01	18.50	49.69	45.87	-0.08	-0.09	0.01	4.63
ASNS	ACTELIS NETWORKS INC	$0.63	210,857	-94.46%	0.74	0.77	0.95	1.05	1.22	34.26	30.40	38.49	69.95	83.11	-0.08	-0.07	-0.00	0.67
LDTC	LEDDARTECH HOLDINGS INC	$2.24	13,620	63.92%	2.24	2.24	2.98	3.73	7.22	30.92	37.23	37.61	88.69	93.11	-0.18	-0.24	0.06	-0.05
WISA	WISA TECHNOLOGIES INC	$4.61	731,179	-0.55%	5.26	4.83	4.71	9.78	49.49	47.80	33.07	36.80	37.61	51.24	0.11	0.10	0.01	0.66
CAUD	COLLECTIVE AUDIENCE INC	$0.63	395,851	-63.16%	0.08	0.08	0.07	0.06	0.05	56.70	74.07	69.14	43.05	34.33	0.00	0.00	-0.00	-0.19
AWIN	AERWINS TECHNOLOGIES INC	$3.65	4,993,642	4,657.66%	10.62	10.57	10.81	11.17	11.29	91.86	24.79	8.26	77.78	58.33	0.02	-0.06	0.08	0.32
HUBC	HUB CYBER SECURITY LTD	$0.98	1,506,507	-85.40%	1.09	1.25	1.16	1.49	2.75	43.90	9.71	7.88	10.51	8.04	-0.05	-0.01	-0.04	0.03
ZPTA	ZAPATA COMPUTING HOLDINGS INC	$1.25	1,048,208	55.13%	1.48	1.85	6.18	8.46	9.60	25.49	1.56	0.92	8.46	5.20	-1.38	-1.61	0.22	0.02
INTZ	INTRUSION INC	$1.62	254,101	20.19%	1.79	2.09	3.05	3.90	7.52	35.46	10.65	12.26	59.96	51.17	-0.41	-0.45	0.03	0.66
OPTX	SYNTEC OPTICS HOLDINGS INC	$3.40	2,469	-36.30%	3.54	3.43	4.53	4.65	7.05	43.65	55.37	60.11	81.55	81.64	-0.25	-0.32	0.07	0.19
GCTS	GCT SEMICONDUCTOR HOLDING INC	$6.09	618,074	303.48%	4.91	5.37	10.45	10.53	10.56	46.09	67.46	47.57	100.00	83.60	-1.81	-2.12	0.31	0.75
KSPI	JOINT STOCK CO KASPIKZ	$118.46	152,775	40.35%	117.51	116.32	115.77	N/A	N/A	52.09	53.14	51.81	50.81	49.83	0.17	0.41	-0.23	0.80
RXT	RACKSPACE TECHNOLOGY INC	$1.83	752,535	45.78%	1.72	1.68	1.75	1.77	1.79	59.55	80.01	76.77	94.68	91.97	0.01	-0.01	0.02	1.94
VVPR	VIVOPOWER INTERNATIONAL PLC	$3.76	240,028	76.72%	3.68	3.95	2.85	2.20	2.87	53.24	48.76	45.88	30.87	37.40	0.16	0.27	-0.10	0.72
AILE	ILEARNINGENGINES INC	$7.62	32,163	83.64%	7.15	9.59	10.37	10.42	10.46	43.86	12.11	8.43	16.33	11.79	-1.15	-0.99	-0.16	0.07
ASTI	ASCENT SOLAR TECHNOLOGIES INC	$0.10	1,872,460	54.70%	0.10	0.13	0.29	0.53	3.45	21.06	27.88	22.87	100.00	98.41	-0.06	-0.07	0.01	0.50

Tech Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Communication Equipment	65	+1.52%	+2.59%	+1.57%	-6.53%	8.06x	2.69x	+51.62%	+8.78%	+15.96%	+19.59%	Buy
Computer Hardware	38	+2.46%	-3.27%	-14.34%	+141.18%	37.10x	13.81x	-26.89%	+10.03%	+18.70%	+22.51%	Buy
Consumer Electronics	18	+3.62%	+6.11%	+3.32%	-1.59%	26.64x	22.26x	+142.55%	+27.98%	+54.07%	+18.51%	Buy
Electronic Components	44	+2.10%	+3.04%	-0.48%	+16.49%	26.77x	3.63x	+20.92%	+9.57%	+15.02%	+12.05%	Buy
Electronics & Computer Distribution	10	+3.31%	-0.47%	-3.28%	+33.84%	13.64x	1.36x	+11.31%	+3.62%	+11.74%	+3.73%	Hold
Information Technology Services	66	+1.21%	+0.09%	-4.72%	+13.99%	27.22x	4.46x	+24.61%	+8.14%	+16.50%	+17.92%	Buy
Scientific & Technical Instruments	33	+0.94%	+3.95%	+0.18%	+5.54%	13.75x	3.18x	+9.40%	+6.52%	+9.39%	+8.77%	Buy
Semiconductor Equipment & Materials	29	+2.76%	-0.33%	-3.90%	+52.60%	36.70x	11.56x	+50.90%	+18.21%	+30.73%	+10.63%	Buy
Semiconductors	69	+1.90%	-0.58%	-2.34%	+40.07%	55.71x	7.96x	+52.52%	+30.30%	+34.13%	+15.70%	Buy
Software - Application	252	+1.73%	-0.49%	-6.00%	+28.29%	90.91x	6.48x	+6.36%	+4.30%	+7.17%	+20.14%	Buy
Software - Infrastructure	138	+0.40%	-1.35%	-4.80%	+21.09%	43.48x	11.30x	-31.73%	+15.14%	+24.48%	+21.66%	Buy
Solar	23	+5.13%	+5.71%	-0.31%	-42.47%	30.90x	2.61x	+12.35%	+7.74%	+11.96%	+31.27%	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 18.94% over the past year, underperforming other tech stocks by -7 percentage points.

Rambus has an average 1 year price target of $85.00, an upside of 51.57% from Rambus's current stock price of $56.08.

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. 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 39 points higher than the tech sector average of 29. It passed 22 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 43.99% over the past year, overperforming other tech stocks by 18 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -32.36% from Full Truck Alliance Co's current stock price of $8.87.

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. Logitech International Sa (NASDAQ:LOGI)

Logitech International Sa (NASDAQ:LOGI) is the third 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 30.97% 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 14.31% from Logitech International Sa's current stock price of $82.09.

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.

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 4.4%. 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. Wisekey International Holding Sa (NASDAQ:WKEY)

Wisekey International Holding Sa (NASDAQ:WKEY) has an annual dividend yield of 143%, which is 139 percentage points higher than the tech sector average of 4.4%.

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.

3. Clearone (NASDAQ:CLRO)

Clearone (NASDAQ:CLRO) has an annual dividend yield of 142.86%, which is 138 percentage points higher than the tech sector average of 4.4%. 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.

Why are tech stocks up?

Tech stocks were up 1.67% in the last day, and down -0.12% over the last week. Arteris was the among the top gainers in the technology sector, gaining 38.45% yesterday.

Arteris shares are trading higher after the company reported better-than-expected 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 77 points higher than the tech sector average of 23. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -9.1% in the past year. It has underperformed other stocks in the tech sector by -35 percentage points.

2. Himax Technologies (NASDAQ:HIMX)

Himax Technologies (NASDAQ:HIMX) is the second most undervalued tech stock based on WallStreetZen's Valuation Score. Himax Technologies has a valuation score of 100, which is 77 points higher than the tech sector average of 23. It passed 7 out of 7 valuation due diligence checks.

Himax Technologies's stock has dropped -21.7% 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 77 points higher than the tech sector average of 23. It passed 7 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -20.79% in the past year. It has underperformed other stocks in the tech sector by -47 percentage points.

Are tech stocks a good buy now?

40.43% of tech stocks rated by analysts are a buy right now. On average, analysts expect tech stocks to rise by 17.83% 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 47.37x.

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.