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

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Revenue Growth Y/Y	Revenue Growth 5Y	Earnings Growth Y/Y	Earnings Growth 5Y	Earnings Date
TENB	TENABLE HOLDINGS INC	$5.43B	$798.71M	-$8.95M	-$78.28M	-$0.68	16.91%	24.47%	N/A	N/A	2024-05-22
VERX	VERTEX INC	$4.56B	$572.39M	$59.54M	-$13.09M	-$0.09	16.43%	16.01%	N/A	N/A	2024-05-08
SSTI	SOUNDTHINKING INC	$174.80M	$92.72M	$9.17M	-$2.72M	-$0.22	14.46%	21.68%	N/A	N/A	2024-06-20
ML	MONEYLION INC	$746.04M	$423.43M	$7.17M	-$44.56M	-$4.63	24.27%	N/A	N/A	N/A	2024-06-14
BILL	BILL HOLDINGS INC	$6.56B	$1.19B	-$2.42M	-$115.29M	-$1.08	39.08%	N/A	N/A	N/A	2024-05-02
BKSY	BLACKSKY TECHNOLOGY INC	$184.29M	$94.49M	$434.00k	-$53.86M	-$0.40	44.59%	N/A	N/A	N/A	2024-05-08
ADEA	ADEIA INC	$1.09B	$388.79M	$237.82M	$67.37M	$0.63	-11.42%	-0.87%	N/A	N/A	2024-05-09
LTRX	LANTRONIX INC	$122.55M	$137.96M	$944.00k	-$9.20M	-$0.25	4.85%	23.49%	N/A	N/A	2024-05-29
SMWB	SIMILARWEB LTD	$615.05M	$218.02M	-$18.55M	-$29.37M	-$0.38	12.83%	N/A	N/A	N/A	2024-05-08
STEM	STEM INC	$288.73M	$461.52M	-$75.80M	-$140.41M	-$0.90	27.15%	130.90%	N/A	N/A	2024-05-29
ACIW	ACI WORLDWIDE INC	$3.54B	$1.45B	$360.11M	$121.51M	$1.12	2.16%	7.54%	-10.40%	13.68%	2024-06-04
VERB	VERB TECHNOLOGY COMPANY INC	$12.05M	$63.00k	-$18.47M	-$22.16M	-$3.26	687.50%	14.51%	N/A	N/A	2024-05-20
AMST	AMESITE INC	$8.39M	$432.36k	-$3.06M	-$3.67M	-$1.13	-51.12%	N/A	N/A	N/A	2024-05-13
INTA	INTAPP INC	$2.30B	$392.15M	-$34.50M	-$54.15M	-$0.80	26.74%	N/A	N/A	N/A	2024-05-07
OCFT	ONECONNECT FINANCIAL TECHNOLOGY CO LTD	$77.22M	$507.26M	-$45.98M	-$50.17M	-$1.37	-19.23%	20.39%	N/A	N/A	2024-05-27
AMBA	AMBARELLA INC	$1.77B	$226.47M	-$123.72M	-$169.42M	-$4.25	-32.92%	-0.11%	N/A	N/A	2024-06-20
SOS	SOS LTD	$9.77M	$217.08M	-$219.24M	-$225.81M	-$35.30	13.61%	18.55%	N/A	N/A	2024-05-17
MSTR	MICROSTRATEGY INC	$21.76B	$496.26M	-$52.40M	$429.12M	$31.39	-0.60%	-0.06%	N/A	73.79%	2024-05-22
BB	BLACKBERRY LTD	$1.67B	$853.00M	-$47.00M	-$130.00M	-$0.22	30.03%	-1.15%	N/A	N/A	2024-06-26
WEAV	WEAVE COMMUNICATIONS INC	$799.46M	$170.47M	-$13.02M	-$31.03M	-$0.46	19.95%	N/A	N/A	N/A	2024-05-22
LYFT	LYFT INC	$6.54B	$4.40B	-$188.97M	-$340.32M	-$0.88	7.53%	15.35%	N/A	N/A	2024-06-13
AWRE	AWARE INC	$36.06M	$18.24M	-$6.44M	-$7.31M	-$0.35	13.97%	2.49%	N/A	N/A	2024-06-07
MVIS	MICROVISION INC	$292.90M	$7.26M	-$73.83M	-$82.84M	-$0.45	993.22%	-16.24%	N/A	N/A	2024-05-16
MMAT	META MATERIALS INC	$19.93M	$7.97M	-$385.64M	-$398.23M	-$69.67	-21.91%	44.09%	N/A	N/A	2024-05-10
MEI	METHODE ELECTRONICS INC	$432.47M	$1.14B	$12.40M	-$57.90M	-$1.62	-2.46%	2.97%	N/A	N/A	2024-06-20
ITI	ITERIS INC	$192.23M	$171.68M	$7.61M	$2.49M	$0.06	16.12%	11.80%	N/A	N/A	2024-06-11
RUN	SUNRUN INC	$2.26B	$2.26B	-$432.53M	-$1.60B	-$7.41	-2.65%	24.35%	N/A	N/A	2024-05-31
CRNT	CERAGON NETWORKS LTD	$235.75M	$347.18M	$31.18M	$6.22M	$0.07	17.62%	0.19%	N/A	-24.74%	2024-05-23
ASAN	ASANA INC	$3.39B	$652.50M	-$216.94M	-$257.03M	-$1.17	19.24%	53.42%	N/A	N/A	2024-06-11
AXTI	AXT INC	$131.42M	$75.80M	-$7.47M	-$17.88M	-$0.42	-46.29%	-5.84%	N/A	N/A	2024-05-16
PYCR	PAYCOR HCM INC	$3.18B	$604.65M	$53.03M	-$83.55M	-$0.48	24.73%	N/A	N/A	N/A	2024-05-08
BMR	BEAMR IMAGING LTD	$78.83M	$2.91M	-$852.00k	-$695.00k	-$0.06	1.61%	N/A	N/A	N/A
DAVE	DAVE INC	$535.09M	$259.09M	-$31.10M	-$48.52M	-$4.07	26.49%	27.72%	N/A	N/A	2024-06-07
BMBL	BUMBLE INC	$1.90B	$1.05B	$96.04M	-$4.21M	-$0.03	16.42%	23.91%	N/A	N/A	2024-06-05
NOVT	NOVANTA INC	$5.71B	$881.66M	$156.18M	$72.88M	$2.03	2.41%	7.49%	-2.40%	6.81%	2024-06-04
HUBS	HUBSPOT INC	$31.98B	$2.17B	-$81.23M	-$176.30M	-$3.53	25.38%	33.44%	N/A	N/A	2024-06-11
NEON	NEONODE INC	$30.26M	$4.45M	-$9.85M	-$10.12M	-$0.66	-21.53%	-12.22%	N/A	N/A	2024-06-07
SYTA	SIYATA MOBILE INC	$1.66M	$6.05M	-$7.60M	-$9.51M	-$41.60	30.84%	-5.31%	N/A	N/A
SMAR	SMARTSHEET INC	$5.26B	$958.34M	-$57.12M	-$104.63M	-$0.78	24.96%	40.07%	N/A	N/A	2024-06-05
AMPL	AMPLITUDE INC	$1.19B	$276.28M	-$79.56M	-$90.36M	-$0.77	16.05%	N/A	N/A	N/A	2024-06-11
TYL	TYLER TECHNOLOGIES INC	$19.56B	$1.99B	$415.93M	$189.21M	$4.50	6.77%	15.69%	20.97%	4.80%	2024-05-09
MX	MAGNACHIP SEMICONDUCTOR CORP	$191.30M	$230.05M	-$30.05M	-$36.62M	-$0.89	-31.87%	-13.14%	N/A	N/A	2024-05-17
ARQQ	ARQIT QUANTUM INC	$79.81M	$800.00k	-$87.81M	-$87.99M	-$0.70	-90.81%	N/A	N/A	N/A	2024-05-15
ATOM	ATOMERA INC	$118.46M	$550.00k	-$18.16M	-$19.79M	-$0.80	43.98%	17.46%	N/A	N/A	2024-05-01
BSY	BENTLEY SYSTEMS INC	$16.05B	$1.23B	$295.20M	$326.79M	$1.05	11.77%	12.17%	84.21%	16.00%	2024-05-23
PAR	PAR TECHNOLOGY CORP	$1.21B	$415.82M	-$33.35M	-$69.75M	-$2.53	16.87%	15.62%	N/A	N/A	2024-06-03
RVYL	RYVYL INC	$8.21M	$65.87M	-$46.57M	-$53.10M	-$10.11	100.15%	135.42%	N/A	N/A	2024-05-20
LGL	LGL GROUP INC	$31.35M	$3.68M	$571.00k	$269.00k	$0.05	N/A	-31.77%	N/A	-30.12%	2024-05-13
SMSI	SMITH MICRO SOFTWARE INC	$21.73M	$40.86M	-$10.68M	-$24.40M	-$3.04	-15.77%	9.23%	N/A	N/A	2024-05-09
TRMB	TRIMBLE INC	$14.78B	$3.80B	$768.60M	$311.30M	$1.26	3.33%	4.09%	-30.39%	2.20%	2024-05-30
CEVA	CEVA INC	$472.20M	$97.42M	$3.24M	-$11.88M	-$0.51	-19.21%	4.58%	N/A	N/A	2024-05-21
ISUN	ISUN INC	$7.96M	$95.68M	-$13.97M	-$19.42M	N/A	25.15%	43.08%	N/A	N/A	2024-06-20
DUOT	DUOS TECHNOLOGIES GROUP INC	$23.24M	$7.47M	-$10.37M	-$11.24M	-$1.56	-50.23%	-9.12%	N/A	N/A	2024-05-15
RGTI	RIGETTI COMPUTING INC	$201.78M	$12.01M	-$60.22M	-$75.11M	-$0.57	-8.35%	74.82%	N/A	N/A	2024-06-18
AZPN	ASPEN TECHNOLOGY INC	$12.61B	$1.06B	$367.79M	-$86.34M	-$1.35	29.35%	N/A	N/A	N/A
INST	INSTRUCTURE HOLDINGS INC	$2.85B	$530.21M	$151.44M	-$34.08M	-$0.24	11.58%	20.40%	N/A	N/A	2024-05-23
DGII	DIGI INTERNATIONAL INC	$1.12B	$441.63M	$74.31M	$15.94M	$0.45	6.86%	12.58%	-33.82%	2.38%	2024-05-02
DAY	DAYFORCE INC	$9.55B	$1.51B	$264.60M	$54.80M	$0.35	21.47%	15.37%	N/A	N/A	2024-06-12
WKME	WALKME LTD	$720.56M	$266.95M	-$61.11M	-$59.14M	-$0.67	8.96%	N/A	N/A	N/A	2024-05-14
VS	VERSUS SYSTEMS INC	$3.31M	$271.17k	-$8.04M	-$10.51M	-$10.44	-75.54%	178.45%	N/A	N/A	2024-05-30
AOSL	ALPHA & OMEGA SEMICONDUCTOR LTD	$627.50M	$640.00M	$36.94M	-$17.15M	-$0.61	-19.44%	7.65%	N/A	N/A	2024-05-07
STM	STMICROELECTRONICS NV	$37.31B	$16.50B	N/A	$3.68B	$4.07	-1.93%	11.65%	-13.59%	24.51%
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$3.03B	$164.28M	-$21.65M	-$33.83M	-$0.23	-13.37%	N/A	N/A	N/A	2024-05-29
CWAN	CLEARWATER ANALYTICS HOLDINGS INC	$4.01B	$368.17M	-$10.26M	-$21.63M	-$0.11	21.34%	N/A	N/A	N/A	2024-06-20
ANY	SPHERE 3D CORP	$19.22M	$21.91M	-$17.08M	-$23.41M	-$1.93	260.47%	19.39%	N/A	N/A	2024-05-15
LUNA	LUNA INNOVATIONS INC	$67.58M	$116.61M	$5.03M	-$2.12M	-$0.08	14.31%	24.34%	N/A	N/A	2024-05-23
WRNT	WARRANTEE INC	$6.54M	$1.66M	$422.57k	$281.16k	$0.01	-0.35%	N/A	N/A	N/A
GDS	GDS HOLDINGS LTD	$1.48B	$1.38B	$160.33M	-$603.29M	-$3.29	4.96%	28.29%	N/A	N/A	2024-05-23
AEYE	AUDIOEYE INC	$167.13M	$31.32M	-$3.34M	-$5.87M	-$0.50	4.69%	40.79%	N/A	N/A	2024-05-24
FIVN	FIVE9 INC	$4.32B	$910.49M	-$10.62M	-$81.76M	-$1.13	16.90%	28.72%	N/A	N/A	2024-05-14
APPN	APPIAN CORP	$2.76B	$545.36M	-$80.90M	-$111.44M	-$1.52	16.53%	19.19%	N/A	N/A	2024-06-06
TYGO	TIGO ENERGY INC	$63.87M	$145.23M	$9.37M	-$4.38M	-$0.08	78.59%	N/A	N/A	N/A
BAND	BANDWIDTH INC	$473.92M	$601.12M	$23.22M	-$16.34M	-$0.64	4.88%	24.11%	N/A	N/A	2024-05-23
SSYS	STRATASYS LTD	$697.95M	$627.60M	-$71.31M	-$123.07M	-$1.79	-3.67%	-1.10%	N/A	N/A	2024-05-14
CREX	CREATIVE REALITIES INC	$36.46M	$45.17M	$3.36M	-$2.94M	-$0.35	4.19%	14.98%	N/A	N/A	2024-06-25
TTMI	TTM TECHNOLOGIES INC	$1.54B	$2.23B	$147.58M	-$18.72M	-$0.18	-10.52%	-0.05%	N/A	N/A	2024-05-08
PI	IMPINJ INC	$4.18B	$298.47M	$14.54M	-$5.66M	-$0.23	2.72%	17.97%	N/A	N/A	2024-06-06
LAES	SEALSQ CORP	$21.19M	$30.06M	-$1.78M	-$3.27M	-$0.21	29.57%	N/A	N/A	N/A
VNET	VNET GROUP INC	$399.38M	$1.03B	-$56.70M	-$365.68M	-$2.43	3.15%	16.26%	N/A	N/A	2024-05-22
LITE	LUMENTUM HOLDINGS INC	$2.93B	$1.44B	$31.00M	-$266.50M	-$3.94	-21.40%	1.62%	N/A	N/A	2024-05-06
CLBT	CELLEBRITE DI LTD	$2.23B	$325.11M	$43.25M	-$81.10M	-$0.43	20.12%	N/A	N/A	N/A	2024-05-09
NTGR	NETGEAR INC	$440.47M	$740.84M	-$11.98M	-$104.77M	-$3.57	-20.55%	-6.89%	N/A	N/A	2024-05-30
PERF	PERFECT CORP	$240.36M	$55.65M	N/A	$5.35M	$0.05	17.39%	N/A	N/A	N/A
GDDY	GODADDY INC	$17.81B	$4.25B	$753.30M	$1.37B	$9.27	3.98%	9.85%	317.57%	79.32%	2024-06-06
AIRG	AIRGAIN INC	$54.83M	$56.04M	-$8.67M	-$12.43M	-$1.20	-26.16%	-1.56%	N/A	N/A	2024-06-12
QUBT	QUANTUM COMPUTING INC	$68.70M	$358.05k	-$24.97M	-$29.73M	-$0.38	163.95%	N/A	N/A	N/A	2024-05-10
TGAN	TRANSPHORM INC	$307.47M	$18.76M	-$31.48M	-$41.70M	-$0.70	2.79%	69.06%	N/A	N/A	2024-06-25
TWKS	THOUGHTWORKS HOLDING INC	$771.33M	$1.13B	$37.97M	-$68.66M	-$0.22	-13.07%	N/A	N/A	N/A	2024-06-04
REFR	RESEARCH FRONTIERS INC	$53.28M	$909.60k	-$1.74M	-$1.91M	-$0.06	68.54%	-9.38%	N/A	N/A	2024-06-07
ZUO	ZUORA INC	$1.45B	$431.66M	-$42.34M	-$68.19M	-$0.49	8.98%	12.93%	N/A	N/A	2024-06-26
INVE	IDENTIV INC	$119.45M	$116.38M	-$2.17M	-$5.49M	-$0.29	3.07%	8.29%	N/A	N/A	2024-06-08
ONTF	ON24 INC	$280.88M	$163.71M	-$43.63M	-$51.79M	-$1.16	-14.23%	14.66%	N/A	N/A	2024-06-21
NTWK	NETSOL TECHNOLOGIES INC	$30.30M	$56.78M	$2.17M	-$2.09M	-$0.18	6.22%	-3.28%	N/A	N/A	2024-06-13
GNSS	GENASYS INC	$95.54M	$40.54M	-$11.23M	-$21.61M	-$0.55	-24.72%	7.03%	N/A	N/A	2024-05-14
SPT	SPROUT SOCIAL INC	$2.89B	$333.64M	-$54.79M	-$66.43M	-$1.19	31.44%	33.46%	N/A	N/A	2024-05-22
ICG	INTCHAINS GROUP LTD	$523.86M	$82.23M	-$31.72M	-$26.80M	-$0.44	-82.64%	N/A	N/A	N/A
SCKT	SOCKET MOBILE INC	$7.71M	$17.03M	-$1.73M	-$1.92M	-$0.27	-19.80%	0.69%	N/A	N/A	2024-05-15
RCAT	RED CAT HOLDINGS INC	$103.25M	$13.73M	-$26.90M	-$28.35M	-$0.52	182.90%	N/A	N/A	N/A
WYY	WIDEPOINT CORP	$17.78M	$106.03M	-$302.84k	-$4.05M	-$0.46	12.67%	4.85%	N/A	N/A	2024-06-21
OUST	OUSTER INC	$352.62M	$83.28M	-$342.62M	-$374.11M	-$10.10	102.98%	N/A	N/A	N/A	2024-06-21

Tech Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Communication Equipment	65	+0.31%	+6.01%	-1.36%	-12.46%	11.59x	2.68x	+70.29%	+9.31%	+17.58%	+19.99%	Buy
Computer Hardware	38	+4.31%	+12.35%	-11.23%	+159.22%	38.37x	13.83x	-27.35%	+9.81%	+18.41%	+18.07%	Buy
Consumer Electronics	18	-0.40%	+1.90%	-3.07%	-5.43%	24.48x	20.71x	+149.67%	+28.22%	+53.07%	+24.37%	Buy
Electronic Components	44	+1.18%	+4.26%	-1.56%	+17.15%	25.95x	3.53x	+21.21%	+9.66%	+15.16%	+15.35%	Buy
Electronics & Computer Distribution	10	+0.10%	+2.48%	+0.38%	+38.33%	13.08x	1.36x	+12.28%	+3.94%	+12.67%	+3.08%	Hold
Information Technology Services	66	+0.06%	+0.75%	-5.13%	+15.50%	23.55x	4.51x	+25.53%	+7.94%	+16.36%	+17.16%	Buy
Scientific & Technical Instruments	33	+1.03%	+1.91%	-3.61%	+3.43%	-7.72x	3.09x	+9.11%	+6.17%	+9.01%	+10.94%	Buy
Semiconductor Equipment & Materials	29	+2.84%	+8.44%	-2.58%	+58.51%	39.68x	11.61x	+50.74%	+18.11%	+30.50%	+10.70%	Buy
Semiconductors	69	+3.12%	+11.44%	-1.24%	+41.38%	59.70x	7.96x	+52.19%	+30.05%	+33.79%	+13.53%	Buy
Software - Application	252	+0.47%	+3.25%	-8.89%	+28.13%	91.33x	6.53x	+7.71%	+4.52%	+7.12%	+19.86%	Buy
Software - Infrastructure	138	+1.21%	+3.76%	-4.42%	+18.44%	77.56x	11.33x	-37.66%	+15.05%	+24.39%	+19.81%	Buy
Solar	23	+2.96%	+3.82%	+0.53%	-48.93%	31.93x	2.50x	+11.78%	+7.31%	+11.13%	+37.25%	Buy

Tech Stocks FAQ

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

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

1. Logitech International Sa (NASDAQ:LOGI)

Logitech International Sa (NASDAQ:LOGI) is the top tech stock with a Zen Score of 72, which is 42 points higher than the tech sector average of 30. It passed 26 out of 38 due diligence checks and has strong fundamentals. Logitech International Sa has seen its stock return 40.81% over the past year, overperforming other tech stocks by 15 percentage points.

Logitech International Sa has an average 1 year price target of $96.40, an upside of 21.63% from Logitech International Sa's current stock price of $79.26.

Logitech International Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Logitech International Sa, 40% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 20% 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 38 points higher than the tech sector average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 39.43% over the past year, overperforming other tech stocks by 14 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -31.58% from Full Truck Alliance Co's current stock price of $8.77.

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. Perficient (NASDAQ:PRFT)

Perficient (NASDAQ:PRFT) is the third best tech stock with a Zen Score of 67, which is 37 points higher than the tech sector average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -30.86% over the past year, underperforming other tech stocks by -56 percentage points.

Perficient has an average 1 year price target of $70.20, an upside of 63.29% from Perficient's current stock price of $42.99.

Perficient stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Perficient, 0% have issued a Strong Buy rating, 40% have issued a Buy, 60% 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 122 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 4.54%. 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 164.11%, which is 160 percentage points higher than the tech sector average of 4.54%. 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 136.59%, which is 132 percentage points higher than the tech sector average of 4.54%.

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 1.36% in the last day, and up 5.1% over the last week. Astera Labs was the among the top gainers in the technology sector, gaining 18.73% yesterday.

Shares of semiconductor and chip stocks are trading higher following strong earnings from Microsoft, which could be lifting AI optimism.

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 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -12.67% in the past year. It has underperformed other stocks in the tech sector by -38 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 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Himax Technologies's stock has dropped -23.05% in the past year. It has underperformed other stocks in the tech sector by -49 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 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -15.1% in the past year. It has underperformed other stocks in the tech sector by -41 percentage points.

Are tech stocks a good buy now?

39.89% of tech stocks rated by analysts are a buy right now. On average, analysts expect tech stocks to rise by 17.21% 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 57.16x.

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.