Sectors & IndustriesTechnologySoftware - Infrastructure

Best Software Infrastructure Stocks to Buy Now (2024)

Top software infrastructure stocks in 2024 ranked by overall Zen Score. See the best software infrastructure stocks to buy now, according to analyst forecasts for the software - infrastructure industry.

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

Dlocal (NASDAQ:DLO) is the top software infrastructure stock with a Zen Score of 66, which is 36 points higher than the software infrastructure industry average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Dlocal has seen its stock lose -7.71% over the past year, underperforming other software infrastructure stocks by -33 percentage points.

Dlocal has an average 1 year price target of $18.71, an upside of 37.81% from Dlocal's current stock price of $13.58.

Dlocal stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Dlocal, 42.86% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Opera (NASDAQ:OPRA) is the second best software infrastructure stock with a Zen Score of 62, which is 32 points higher than the software infrastructure industry average of 30. It passed 22 out of 38 due diligence checks and has strong fundamentals. Opera has seen its stock return 3.24% over the past year, underperforming other software infrastructure stocks by -22 percentage points.

Opera has an average 1 year price target of $20.75, an upside of 47.9% from Opera's current stock price of $14.03.

Opera stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Opera, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Gigacloud Technology (NASDAQ:GCT) is the third best software infrastructure stock with a Zen Score of 59, which is 29 points higher than the software infrastructure industry average of 30. It passed 19 out of 33 due diligence checks and has strong fundamentals. Gigacloud Technology has seen its stock return 572.36% over the past year, overperforming other software infrastructure stocks by 548 percentage points.

Gigacloud Technology has an average 1 year price target of $35.00, a downside of -5.35% from Gigacloud Technology's current stock price of $36.98.

Gigacloud Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Gigacloud Technology, 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.

Out of 9 software infrastructure stocks that have issued dividends in the past year, the 3 software infrastructure stocks with the highest dividend yields are:

Virnetx Holding (NYSE:VHC) has an annual dividend yield of N/A, which is N/A percentage points lower than the software infrastructure industry average of 2.2%. 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.

Solarwinds (NYSE:SWI) has an annual dividend yield of 8.46%, which is 6 percentage points higher than the software infrastructure industry average of 2.2%.

Solarwinds's dividend payout ratio of 1,666.7% indicates that its high dividend yield might not be sustainable for the long-term.

Opera (NASDAQ:OPRA) has an annual dividend yield of 5.7%, which is 4 percentage points higher than the software infrastructure industry average of 2.2%.

Opera's dividend payout ratio of 47.1% indicates that its high dividend yield is sustainable for the long-term.

Software infrastructure stocks were up 0.52% in the last day, and up 0.59% over the last week. Blackberry was the among the top gainers in the software - infrastructure industry, gaining 11.94% yesterday.

Shares of several stocks popular on social media are trading lower amid continued volatility following a surge in retail investor interest.

Based on WallStreetZen's Valuation Score, the 3 most undervalued software infrastructure stocks right now are:

Opera (NASDAQ:OPRA) is the most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Opera has a valuation score of 100, which is 78 points higher than the software infrastructure industry average of 22. It passed 7 out of 7 valuation due diligence checks.

Opera's stock has gained 3.24% in the past year. It has underperformed other stocks in the software infrastructure industry by -22 percentage points.

Akamai Technologies (NASDAQ:AKAM) is the second most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Akamai Technologies has a valuation score of 86, which is 64 points higher than the software infrastructure industry average of 22. It passed 6 out of 7 valuation due diligence checks.

Akamai Technologies's stock has gained 8.39% in the past year. It has underperformed other stocks in the software infrastructure industry by -16 percentage points.

Amdocs (NASDAQ:DOX) is the third most undervalued software infrastructure stock based on WallStreetZen's Valuation Score. Amdocs has a valuation score of 86, which is 64 points higher than the software infrastructure industry average of 22. It passed 6 out of 7 valuation due diligence checks.

Amdocs's stock has dropped -9.82% in the past year. It has underperformed other stocks in the software infrastructure industry by -35 percentage points.