U.S. Software Undervalued Stocks Based On Cash Flows

Procore Technologies

Market Cap: US$6.6b

Provides a cloud-based construction management platform and related products and services in the United States and internationally.

Q2 Holdings

Market Cap: US$3.2b

Provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States.

Klaviyo

Market Cap: US$5.0b

Provides a cloud-based software-as-a-service platform in the United States, rest of the Americas, the Asia-Pacific, the United Kingdom, rest of Europe, the Middle East, and Africa.

Intapp

Market Cap: US$2.1b

Through its subsidiary, Integration Appliance, Inc., provides AI-powered solutions in the United States, the United Kingdom, and internationally.

FatPipe

Market Cap: US$74.3m

Develops application-aware, secure software-defined wide area network, secure access service edge, and network monitoring service (NMS) software solutions in the United States, India, and internationally.

Alkami Technology

Market Cap: US$1.9b

Provides a cloud-based digital sales and service platform for financial institutions in the United States.

AppLovin

Market Cap: US$175.4b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Kyndryl Holdings

Market Cap: US$2.6b

Operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.

Crexendo

Market Cap: US$249.3m

Provides cloud communication platform software and unified communications as a service in the United States and internationally.

AvePoint

Market Cap: US$2.6b

Provides cloud-native data management software platform in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Guidewire Software

Market Cap: US$11.3b

Provides a platform for property and casualty (P&C) insurers worldwide.

Zscaler

Market Cap: US$23.2b

Operates as a cloud security company worldwide.

Nutanix

Market Cap: US$14.6b

Provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.

Dynatrace

Market Cap: US$12.8b

Engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

AppFolio

Market Cap: US$6.2b

Provides cloud-based platform for the real estate industry in the United States.

Clear Secure

Market Cap: US$7.4b

Operates a secure identity platform under the CLEAR brand name primarily in the United States.

Agilysys

Market Cap: US$3.0b

Operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India.

Similarweb

Market Cap: US$541.4m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

Tenable Holdings

Market Cap: US$4.4b

Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Palantir Technologies

Market Cap: US$317.0b

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.