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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	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
ML	MONEYLION INC	$71.06	N/A	N/A	-15.35x	N/A	1.61x	2.91x	N/A	$110.34M	16.15%	$257.22M	26.75	$842.68M	117.56
SMWB	SIMILARWEB LTD	$7.48	N/A	N/A	-19.68x	-10.69x	2.67x	37.84x	N/A	-$5.42M	-0.94%	$15.55M	0.20	$584.00M	-31.48
GEN	GEN DIGITAL INC	$20.03	N/A	N/A	8.94x	10.60x	3.38x	5.28x	N/A	$997.00M	7.79%	$2.42B	3.78	$21.57B	13.44
ONDS	ONDAS HOLDINGS INC	$0.80	N/A	N/A	-0.91x	N/A	2.69x	1.59x	N/A	-$34.18M	-80.70%	$33.14M	0.63	$72.95M	-2.11
ALTR	ALTAIR ENGINEERING INC	$81.47	$1.64	4,876.91%	678.92x	-452.61x	10.86x	8.87x	29.15x	$130.33M	1.94%	$762.93M	9.24	$6.55B	88.67
OCFT	ONECONNECT FINANCIAL TECHNOLOGY CO LTD	$2.42	N/A	N/A	-1.77x	-0.73x	0.19x	0.23x	N/A	-$94.78M	-100.41%	$410.34M	10.52	-$116.93M	2.54
ASAN	ASANA INC	$15.72	N/A	N/A	-13.44x	-8.27x	5.31x	10.83x	N/A	-$31.09M	-0.90%	$326.40M	1.48	$3.58B	-16.48
BMR	BEAMR IMAGING LTD	$5.75	N/A	N/A	-95.83x	N/A	22.12x	7.31x	N/A	-$852.00k	-1.32%	$10.26M	0.92	$69.63M	-81.72
FSLY	FASTLY INC	$8.48	N/A	N/A	-8.57x	-5.27x	2.19x	1.17x	N/A	-$12.63M	-1.11%	$991.81M	7.37	$1.43B	-43.02
ITI	ITERIS INC	$4.60	N/A	N/A	76.67x	N/A	1.15x	2.88x	N/A	$10.32M	5.22%	$68.57M	1.60	$182.15M	23.93
MEI	METHODE ELECTRONICS INC	$12.34	N/A	N/A	-7.62x	N/A	0.38x	0.52x	N/A	$19.30M	4.42%	$835.00M	23.59	$671.32M	54.14
OSPN	ONESPAN INC	$12.39	N/A	N/A	-68.83x	N/A	1.95x	2.74x	N/A	-$9.47M	-2.01%	$170.87M	4.49	$410.03M	195.44
VERB	VERB TECHNOLOGY COMPANY INC	$0.15	N/A	N/A	-0.05x	N/A	16.44x	3.76x	N/A	-$10.87M	-1,079.73%	$3.13M	0.46	$9.76M	-0.53
BMBL	BUMBLE INC	$10.14	N/A	N/A	-338.00x	17.79x	1.74x	1.12x	N/A	$167.15M	9.12%	$1.64B	9.05	$2.10B	21.85
SQ	BLOCK INC	$69.47	$5.12	1,257.45%	84.72x	-408.65x	1.87x	2.26x	39.41x	$145.06M	0.34%	$18.97B	30.78	$42.19B	40.90
LYFT	LYFT INC	$17.20	N/A	N/A	-19.55x	-156.36x	1.51x	12.70x	N/A	-$155.47M	-2.34%	$541.52M	1.41	$7.12B	-37.69
WEAV	WEAVE COMMUNICATIONS INC	$8.32	N/A	N/A	-18.09x	-11.40x	3.30x	7.44x	N/A	$6.53M	1.15%	$78.96M	1.17	$595.86M	-45.78
BB	BLACKBERRY LTD	$2.93	N/A	N/A	-13.32x	N/A	2.02x	2.22x	N/A	-$10.00M	-0.58%	$776.00M	1.32	$1.76B	-37.41
SOS	SOS LTD	$1.14	N/A	N/A	-0.03x	N/A	0.04x	0.02x	N/A	$13.26M	169.04%	$392.25M	57.01	-$239.79M	1.09
AMST	AMESITE INC	$3.31	N/A	N/A	-2.94x	N/A	19.47x	1.92x	N/A	-$3.33M	-39.55%	$4.38M	1.72	$4.75M	-1.55
AMBA	AMBARELLA INC	$47.85	N/A	N/A	-11.26x	-239.25x	8.43x	3.50x	N/A	$7.05M	0.37%	$559.87M	14.04	$1.82B	-14.71
AXTI	AXT INC	$3.66	N/A	N/A	-8.71x	N/A	2.06x	0.79x	N/A	-$7.07M	-4.54%	$203.99M	4.78	$167.11M	-22.36
MMAT	META MATERIALS INC	$3.35	N/A	N/A	-0.05x	-0.48x	2.42x	0.96x	N/A	-$50.59M	-262.03%	$21.94M	3.81	$22.96M	-0.06
PYCR	PAYCOR HCM INC	$17.30	N/A	N/A	-36.04x	192.22x	5.08x	2.43x	N/A	$13.27M	0.43%	$1.27B	7.14	$3.03B	57.19
WKME	WALKME LTD	$8.11	N/A	N/A	-12.10x	-8.28x	2.70x	2.83x	N/A	$11.49M	1.59%	$260.15M	2.93	$572.52M	-9.37
CEVA	CEVA INC	$20.53	N/A	N/A	-40.25x	N/A	4.95x	1.84x	N/A	-$9.22M	-1.91%	$264.34M	11.26	$468.36M	144.69
GDS	GDS HOLDINGS LTD	$8.74	N/A	N/A	-2.67x	-10.16x	1.16x	0.64x	N/A	-$544.68M	-33.96%	$2.61B	14.24	$7.23B	41.76
VICR	VICOR CORP	$33.96	N/A	N/A	53.90x	N/A	3.87x	2.84x	N/A	$36.36M	2.41%	$531.82M	11.95	$1.28B	24.59
LUNA	LUNA INNOVATIONS INC	$3.06	N/A	N/A	-38.25x	N/A	0.89x	1.10x	N/A	-$15.87M	-15.29%	$94.61M	2.79	$138.02M	27.44
DAY	DAYFORCE INC	$57.29	N/A	N/A	168.50x	-286.45x	5.71x	3.72x	N/A	$103.40M	1.15%	$2.43B	15.51	$9.89B	34.66
ANY	SPHERE 3D CORP	$1.02	N/A	N/A	-0.53x	N/A	0.56x	0.68x	N/A	-$3.68M	-29.71%	$26.52M	2.19	$17.57M	-1.03
RGTI	RIGETTI COMPUTING INC	$1.40	N/A	N/A	-2.46x	-4.67x	15.38x	2.03x	N/A	-$59.64M	-32.29%	$109.59M	0.83	$231.61M	-3.85
ISUN	ISUN INC	$0.13	N/A	N/A	N/A	0.22x	0.04x	0.48x	N/A	-$9.39M	-264.66%	$13.12M	0.49	$19.33M	-1.38
KLTR	KALTURA INC	$1.24	N/A	N/A	-3.65x	-5.17x	0.98x	5.86x	N/A	-$12.40M	-7.26%	$30.32M	0.22	$195.79M	-5.77
SMSI	SMITH MICRO SOFTWARE INC	$2.34	N/A	N/A	-0.77x	N/A	0.46x	0.29x	N/A	-$6.98M	-36.75%	$75.39M	9.29	$18.06M	-1.69
AMPL	AMPLITUDE INC	$10.05	N/A	N/A	-13.05x	-7.61x	4.25x	4.11x	N/A	$22.45M	1.91%	$294.75M	2.52	$965.29M	-12.13
HUBS	HUBSPOT INC	$600.27	N/A	N/A	-170.05x	-348.99x	13.80x	23.04x	N/A	$250.88M	0.84%	$1.32B	26.47	$30.82B	-379.40
MX	MAGNACHIP SEMICONDUCTOR CORP	$5.09	N/A	N/A	-5.72x	N/A	0.91x	0.57x	N/A	-$9.97M	-4.77%	$344.60M	8.40	$41.47M	-1.38
LTRX	LANTRONIX INC	$3.64	N/A	N/A	-20.22x	N/A	0.93x	1.75x	N/A	$15.87M	11.62%	$78.09M	2.08	$129.12M	38.69
SYTA	SIYATA MOBILE INC	$3.09	N/A	N/A	-0.07x	N/A	0.12x	0.25x	N/A	-$7.81M	-1,107.10%	$7.14M	31.23	$2.71M	-0.36
DUOT	DUOS TECHNOLOGIES GROUP INC	$3.07	N/A	N/A	-1.97x	N/A	2.96x	4.18x	N/A	-$9.24M	-41.79%	$5.37M	0.75	$25.04M	-2.42
BSY	BENTLEY SYSTEMS INC	$53.24	N/A	N/A	50.70x	64.93x	13.54x	17.92x	N/A	$391.69M	2.36%	$883.28M	2.83	$17.33B	58.71
ARQQ	ARQIT QUANTUM INC	$0.41	N/A	N/A	-0.58x	1.28x	82.00x	0.80x	N/A	-$46.58M	-69.51%	$83.32M	0.51	$21.99M	-0.25
TRMB	TRIMBLE INC	$55.93	$43.88	27.45%	44.39x	18.77x	3.65x	3.05x	0.53x	$555.10M	4.00%	$4.50B	18.15	$16.70B	21.73
STEM	STEM INC	$1.36	N/A	N/A	-1.27x	-5.44x	0.51x	0.59x	N/A	-$188.63M	-87.72%	$371.57M	2.35	$705.74M	-7.03
RVYL	RYVYL INC	$1.38	N/A	N/A	-0.14x	N/A	0.11x	0.35x	N/A	$35.67M	492.17%	$23.49M	4.47	-$44.72M	0.96
NEON	NEONODE INC	$2.08	N/A	N/A	-3.15x	N/A	7.17x	1.86x	N/A	-$6.43M	-20.19%	$17.16M	1.12	$15.90M	-1.61
APPN	APPIAN CORP	$31.98	N/A	N/A	-21.90x	-82.00x	4.19x	-239.04x	N/A	-$73.73M	-3.15%	-$9.67M	-0.13	$2.46B	-32.41
DSP	VIANT TECHNOLOGY INC	$8.40	N/A	N/A	-70.00x	N/A	0.57x	8.13x	N/A	$27.29M	20.37%	$65.59M	4.11	$354.60M	51.12
WRNT	WARRANTEE INC	$0.30	N/A	N/A	21.29x	N/A	3.59x	244.10x	N/A	$224.59k	3.69%	$27.35k	0.00	$7.62M	18.04
AOSL	ALPHA & OMEGA SEMICONDUCTOR LTD	$22.36	N/A	N/A	-36.66x	5.55x	0.98x	0.71x	N/A	-$89.75M	-14.36%	$894.56M	32.02	$543.76M	14.72
LGL	LGL GROUP INC	$5.34	N/A	N/A	106.80x	N/A	7.77x	0.74x	N/A	$385.00k	1.35%	$38.76M	7.24	-$12.02M	-21.05
AIP	ARTERIS INC	$8.21	N/A	N/A	-8.05x	-82.10x	5.79x	33.09x	N/A	-$8.44M	-2.73%	$9.55M	0.25	$297.07M	-9.32
FIVN	FIVE9 INC	$57.88	N/A	N/A	-68.90x	-964.67x	4.53x	8.84x	N/A	$83.55M	1.96%	$483.60M	6.58	$5.24B	438.51
KOSS	KOSS CORP	$3.10	N/A	N/A	-25.83x	N/A	2.17x	0.91x	N/A	-$597.66k	-2.10%	$31.40M	3.40	$26.17M	-26.16
PAR	PAR TECHNOLOGY CORP	$44.69	N/A	N/A	-17.66x	N/A	2.96x	3.76x	N/A	-$27.94M	-2.27%	$333.07M	12.09	$1.59B	-47.59
INST	INSTRUCTURE HOLDINGS INC	$19.65	N/A	N/A	-81.88x	21.13x	5.34x	2.22x	N/A	$158.13M	5.59%	$1.29B	8.93	$3.02B	19.91
AZPN	ASPEN TECHNOLOGY INC	$202.10	N/A	N/A	-149.70x	N/A	12.18x	1.00x	N/A	$286.07M	2.22%	$12.85B	201.72	$12.81B	34.83
VS	VERSUS SYSTEMS INC	$1.39	N/A	N/A	-0.13x	N/A	4.68x	0.29x	N/A	-$5.52M	-434.75%	$11.94M	13.09	-$1.21M	0.15
SMAR	SMARTSHEET INC	$38.58	N/A	N/A	-49.46x	-26.42x	5.41x	8.75x	N/A	$144.58M	2.79%	$605.86M	4.50	$5.07B	-88.76
ICG	INTCHAINS GROUP LTD	$8.36	N/A	N/A	-18.99x	N/A	6.07x	0.53x	N/A	-$51.61M	-10.35%	$950.33M	15.92	-$192.10M	6.06
PI	IMPINJ INC	$161.23	N/A	N/A	-701.00x	-2,687.17x	14.78x	52.00x	N/A	$20.34M	0.46%	$85.92M	3.14	$4.60B	316.17
NTGR	NETGEAR INC	$11.63	N/A	N/A	-3.03x	N/A	0.47x	0.66x	N/A	$57.48M	16.82%	$511.36M	17.40	$192.18M	-9.27
QUBT	QUANTUM COMPUTING INC	$0.77	N/A	N/A	-2.02x	N/A	153.60x	0.96x	N/A	-$22.06M	-37.11%	$73.27M	0.95	$71.44M	-2.86
SSYS	STRATASYS LTD	$9.72	N/A	N/A	-5.43x	38.88x	1.06x	0.77x	N/A	-$75.20M	-11.27%	$884.84M	12.89	$613.13M	-8.60
MOB	MOBILICOM LTD	$1.04	N/A	N/A	-0.01x	N/A	2.30x	0.74x	N/A	-$4.11M	-81.92%	$7.50M	1.55	-$2.22M	N/A
GDDY	GODADDY INC	$123.64	N/A	N/A	10.48x	32.03x	4.07x	42.01x	N/A	$1.05B	5.96%	$414.80M	2.91	$20.66B	24.79
RCAT	RED CAT HOLDINGS INC	$1.13	N/A	N/A	-2.17x	N/A	4.57x	1.69x	N/A	-$24.84M	-39.47%	$49.57M	0.89	$77.63M	-2.89
CLBT	CELLEBRITE DI LTD	$10.72	N/A	N/A	-24.93x	41.23x	6.27x	64.33x	N/A	$94.14M	4.62%	$34.21M	0.18	$2.03B	46.83
VIAV	VIAVI SOLUTIONS INC	$7.56	N/A	N/A	-378.00x	9.95x	1.67x	2.39x	N/A	$94.80M	5.62%	$705.10M	3.16	$1.86B	19.04
ZUO	ZUORA INC	$10.08	N/A	N/A	-20.57x	-19.02x	3.27x	11.01x	N/A	-$28.75M	-2.03%	$133.69M	0.95	$1.62B	-38.24
PERF	PERFECT CORP	$2.17	N/A	N/A	43.48x	N/A	3.98x	1.57x	N/A	N/A	N/A	$140.68M	1.38	$100.21M	N/A
VNET	VNET GROUP INC	$1.91	N/A	N/A	-0.79x	27.29x	0.28x	0.58x	N/A	-$126.49M	-44.08%	$831.87M	5.54	$2.15B	-37.99
CNDT	CONDUENT INC	$3.87	N/A	N/A	-4.25x	7.04x	0.21x	1.13x	N/A	-$28.00M	-3.54%	$701.00M	3.43	$1.65B	9.21
LAES	SEALSQ CORP	$1.15	N/A	N/A	-5.48x	N/A	0.66x	3.94x	N/A	-$6.06M	-30.61%	$5.03M	0.29	$28.29M	-15.86
AIRG	AIRGAIN INC	$5.25	N/A	N/A	-4.38x	N/A	0.97x	1.76x	N/A	-$3.65M	-6.69%	$31.41M	3.02	$48.81M	-5.63
TGAN	TRANSPHORM INC	$4.88	N/A	N/A	-6.97x	14.35x	16.16x	16.92x	N/A	-$24.16M	-7.97%	$18.25M	0.29	$303.16M	-9.63
TYGO	TIGO ENERGY INC	$1.12	N/A	N/A	-14.00x	N/A	0.29x	1.06x	N/A	-$39.34M	-92.32%	$62.82M	1.65	$65.03M	6.94
WYY	WIDEPOINT CORP	$2.05	N/A	N/A	-4.46x	N/A	0.17x	1.24x	N/A	-$464.84k	-2.59%	$14.68M	1.66	$15.96M	-52.71
ONTF	ON24 INC	$6.61	N/A	N/A	-5.70x	N/A	1.80x	1.53x	N/A	-$14.39M	-4.87%	$180.22M	4.04	$227.65M	-5.22
WOLF	WOLFSPEED INC	$25.33	N/A	N/A	-3.96x	22.03x	3.78x	3.12x	N/A	-$2.39B	-74.99%	$1.02B	8.13	$6.31B	-10.18
SCKT	SOCKET MOBILE INC	$1.09	N/A	N/A	-4.04x	N/A	0.46x	0.42x	N/A	-$2.12M	-26.88%	$19.42M	2.69	$11.68M	-6.76
INVE	IDENTIV INC	$5.00	N/A	N/A	-17.24x	N/A	0.99x	1.57x	N/A	-$3.13M	-2.72%	$74.27M	3.22	$107.65M	-49.70
GNSS	GENASYS INC	$2.24	N/A	N/A	-4.07x	N/A	2.42x	2.43x	N/A	-$10.76M	-10.98%	$40.55M	0.93	$98.90M	-8.81
NTWK	NETSOL TECHNOLOGIES INC	$2.55	N/A	N/A	-14.41x	N/A	0.51x	0.84x	N/A	$138.19k	0.47%	$34.46M	3.03	$21.18M	9.76
XPER	XPERI INC	$10.77	N/A	N/A	-3.39x	N/A	0.89x	1.18x	N/A	-$12.69M	-2.74%	$404.23M	9.40	$415.31M	-7.96
LITE	LUMENTUM HOLDINGS INC	$44.74	N/A	N/A	-11.36x	7.48x	2.09x	2.36x	N/A	-$96.80M	-3.22%	$1.28B	19.02	$5.43B	175.32
ASUR	ASURE SOFTWARE INC	$7.04	N/A	N/A	-16.00x	N/A	1.52x	0.92x	N/A	$252.00k	0.14%	$197.68M	7.80	$169.63M	12.32
OUST	OUSTER INC	$9.66	N/A	N/A	-0.96x	N/A	4.30x	2.19x	N/A	-$140.34M	-39.22%	$179.67M	4.85	$411.24M	-1.20
TWKS	THOUGHTWORKS HOLDING INC	$2.25	N/A	N/A	-10.23x	N/A	0.63x	0.94x	N/A	$40.46M	5.64%	$773.13M	2.43	$964.12M	25.39
REFR	RESEARCH FRONTIERS INC	$1.59	N/A	N/A	-26.50x	N/A	58.89x	15.15x	N/A	-$2.30M	-4.34%	$3.52M	0.11	$51.07M	-29.42
ESTC	ELASTIC NV	$105.66	N/A	N/A	199.36x	N/A	8.74x	15.05x	N/A	$111.10M	1.05%	$707.84M	7.06	$10.72B	-166.76
FOUR	SHIFT4 PAYMENTS INC	$59.38	N/A	N/A	40.95x	51.19x	1.34x	7.83x	N/A	$252.70M	7.37%	$653.30M	11.32	$6.36B	19.29
WKEY	WISEKEY INTERNATIONAL HOLDING SA	$1.96	N/A	N/A	-0.25x	N/A	0.63x	0.75x	N/A	-$15.51M	-87.03%	$23.74M	2.61	$12.88M	-0.33
RMNI	RIMINI STREET INC	$2.55	N/A	N/A	10.63x	N/A	0.53x	-6.35x	N/A	$7.56M	3.29%	-$36.31M	-0.41	$179.98M	3.80
JG	AURORA MOBILE LTD	$3.08	N/A	N/A	-2.14x	N/A	0.36x	1.79x	N/A	-$254.77k	-1.75%	$10.17M	2.16	$2.94M	-0.49
AWRE	AWARE INC	$1.83	N/A	N/A	-5.55x	N/A	2.10x	1.15x	N/A	$897.00k	2.35%	$33.42M	1.59	$28.69M	-4.77
MQ	MARQETA INC	$5.51	N/A	N/A	-13.12x	-15.31x	4.34x	2.28x	N/A	$8.45M	0.29%	$1.24B	2.34	$1.85B	-8.50
TAOP	TAOPING INC	$1.02	N/A	N/A	-8.50x	N/A	0.08x	0.23x	N/A	-$3.54M	-119.90%	$12.76M	4.41	$10.65M	3.69
BLBX	BLACKBOXSTOCKS INC	$2.81	N/A	N/A	-1.94x	N/A	2.91x	1.24x	N/A	-$3.17M	-35.02%	$7.30M	2.27	$8.98M	-1.94

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.