Australian Software Top Stock Picks from Analysts

Xero

Market Cap: AU$12.6b

Provides online business solutions for small businesses and their advisors in Australia, New Zealand, the United Kingdom, North America, and internationally.

WiseTech Global

Market Cap: AU$12.6b

Engages in the development and provision of software solutions to the logistics execution industry in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

NEXTDC

Market Cap: AU$7.2b

Develops and operates data centers in Australia and the Asia-Pacific region.

Life360

Market Cap: AU$4.5b

Operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally.

Megaport

Market Cap: AU$1.2b

Provides on-demand interconnection services in Australia, New Zealand, Hong Kong, Singapore, Japan, the United States of America, Canada, Mexico, and Brazil, and Europe.

Catapult Sports

Market Cap: AU$971.1m

A sports science and analytics company, development and supply of technologies that improve the performance of athletes and sports teams in Australia, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

SiteMinder

Market Cap: AU$776.4m

Provides software and online licensing solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas.

Qoria

Market Cap: AU$402.5m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

Nuix

Market Cap: AU$401.7m

Provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Energy One

Market Cap: AU$398.1m

Engages in the provision of software products, outsourced operations, and advisory services to wholesale energy, environmental, and carbon trading markets in the Australasia, and Europe.

BrainChip Holdings

Market Cap: AU$330.0m

Develops software and hardware accelerated solutions for artificial intelligence and machine learning applications in North America, Asia Pacific, Europe, the Middle East, and Asia Pacific.

Praemium

Market Cap: AU$324.2m

Provides advisors and wealth management solutions in Australia and internationally.

DUG Technology

Market Cap: AU$264.9m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Acusensus

Market Cap: AU$252.5m

Develops technology that focuses on the detection and the provision of prosecutable evidence of distracted driving, seatbelt compliance, speeding, railway crossing compliance, and monitoring vehicles.

Wrkr

Market Cap: AU$217.9m

Provides software as a service to solve compliance needs for companies to process pay, superannuation and SMSF contributions, onboard new staff and contractors, and check credentials of new employees and contractors in Australia.

Atturra

Market Cap: AU$167.7m

Provides advisory and information technology solutions in Australia, New Zealand, Singapore, North America, and Hong Kong.

ReadyTech Holdings

Market Cap: AU$144.6m

Provides technology-based solutions in Australia and New Zealand, the United Kingdom, and the United States of America.

Credit Clear

Market Cap: AU$104.2m

Engages in the provision of debt resolution services and technology development and implementation of the digital engagement platform in Australia and New Zealand.

Adveritas

Market Cap: AU$88.9m

Provides funnel measurement, verification, and fraud prevention solutions for digital advertising in North America, Latin America, Asia Pacific, Australia, Europe, and internationally.

Kinatico

Market Cap: AU$60.5m

Provides screening, verification, and SaaS-based workforce management and compliance technology systems in Australia and New Zealand.

Reckon

Market Cap: AU$54.9m

Provides software solutions in Australia, New Zealand, the United States, and internationally.

Adisyn

Market Cap: AU$47.5m

Provides managed technology solutions to the SME market in Australia and the United Kingdom.

Pureprofile

Market Cap: AU$45.7m

A data and insights organization, engages in the provision of online research solutions for agencies, marketers, researchers, brands and businesses in Australasia, Europe, and the United States.

Ai-Media Technologies

Market Cap: AU$44.0m

Provides captioning, transcription, and translation products and services in Australia, New Zealand, Singapore, Malaysia, North America, and the United Kingdom.

SenSen Networks

Market Cap: AU$35.7m

Develops and sells SenDISA platform-based products and services in North America, Australia, New Zealand, and Asia.

archTIS

Market Cap: AU$35.3m

Engages in the design and development of products, solutions, and services for secure information sharing and collaboration in Australia and internationally.

Felix Group Holdings

Market Cap: AU$31.3m

Develops and sells cloud-based SaaS solutions for contractors and vendors in Australia and New Zealand.

Janison Education Group

Market Cap: AU$27.3m

Provides online assessment software, assessment products, and assessment services in Australia, New Zealand, Asia, and internationally.

Pointerra

Market Cap: AU$26.3m

Provides a cloud-based solution for storing, processing, managing, analyzing, extracting, visualizing, and sharing 3D data in Australia and the United States.

StepChange Holdings

Market Cap: AU$21.6m

Operates as an SAP ERP consulting firm.

EPX

Market Cap: AU$16.8m

Provides building energy management solutions for commercial real estate in Australia, Asia, the United Kingdom, and the Middle East.

ReadCloud

Market Cap: AU$11.2m

Provides eLearning software and industry based training solutions to schools and educational institutions in Australia.

DXN

Market Cap: AU$5.0m

Engages in the design, manufacture, and operation of data centers in Australia.