U.S. Software Undervalued Small Caps

Opera

Market Cap: US$1.2b

Provides mobile and PC web browsers and related products and services in Norway and internationally.

CI&T

Market Cap: US$630.9m

Provides strategy, design, and software engineering services worldwide.

Endava

Market Cap: US$342.4m

Provides technology services in North America, Europe, the United Kingdom, and internationally.

Adeia

Market Cap: US$1.4b

Operates as a media and semiconductor intellectual property licensing company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

Karooooo

Market Cap: US$1.4b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

WM Technology

Market Cap: US$155.1m

An online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.

Hackett Group

Market Cap: US$518.7m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

Allot

Market Cap: US$457.4m

Develops, sells, and markets network intelligence and security solutions in Israel, Europe, Asia, Oceania, the Americas, the Middle East, and Africa.

Perfect

Market Cap: US$180.3m

An artificial intelligence software as a service company, provides artificial intelligence (AI)- and augmented reality (AR)-powered solutions for beauty, fashion, and skincare industries worldwide.