Technology Stock Valuations

Software, semiconductor and hardware companies, where valuation usually hinges on reinvestment rates, margin durability and how long above-average growth can persist.

92 technology companies covered · assumption-based DCF analysis, educational use only.

Largest technology companies covered

Taiwan Semiconductor Manufacturing Company Limited$TSMBroadcom Inc.$AVGOSK hynix Inc.$SKHYAdvanced Micro Devices, Inc.$AMDASML Holding N.V.$ASMLIntel Corp.$INTCArista Networks, Inc.$ANETTexas Instruments Incorporated$TXN

All Technology companies

Adobe Inc.$ADBESoftware - ApplicationAdvanced Micro Devices, Inc.$AMDSemiconductorsAdyen N.V.$ADYEYSoftware - InfrastructureAehr Test Systems$AEHRSemiconductorsAgora, Inc.$APISoftware - ApplicationAmphenol Corporation$APHHardware, Equipment & PartsAmpliTech Group, Inc.$AMPGCommunication EquipmentAppLovin Corporation$APPSoftware - ApplicationArista Networks, Inc.$ANETComputer HardwareASML Holding N.V.$ASMLSemiconductorsAtlassian Corporation$TEAMSoftware - ApplicationBigBear.ai Holdings, Inc.$BBAIInformation Technology ServicesBlock, Inc.$SQSoftware - InfrastructureBlock, Inc.$XYZSoftware - InfrastructureBox, Inc.$BOXSoftware - ApplicationBroadcom Inc.$AVGOSemiconductorsBullish$BLSHSoftware - InfrastructureCelestica Inc.$CLSHardware, Equipment & PartsCerebras Systems Inc.$CBRSSemiconductorsCiena Corporation$CIENCommunication EquipmentClear Secure, Inc.$YOUSoftware - ApplicationCoreWeave, Inc. Class A Common Stock$CRWVSoftware - InfrastructureCredo Technology Group Holding Ltd$CRDOSemiconductorsCrowdStrike Holdings, Inc.$CRWDSoftware - InfrastructureDatadog, Inc.$DDOGSoftware - ApplicationDigitalOcean Holdings, Inc.$DOCNSoftware - InfrastructureDLocal Limited$DLOSoftware - InfrastructureDuolingo, Inc.$DUOLSoftware - ApplicationElectronic Arts Inc.$EAElectronic Gaming & MultimediaFair Isaac Corporation$FICOSoftware - ApplicationFiserv, Inc.$FIInformation Technology ServicesFiserv, Inc.$FISVInformation Technology ServicesFortinet, Inc.$FTNTSoftware - InfrastructureGlobant S.A.$GLOBInformation Technology ServicesGoDaddy Inc.$GDDYSoftware - InfrastructureGoPro, Inc.$GPROConsumer ElectronicsGorilla Technology Group Inc.$GRRRSoftware - InfrastructureGrab Holdings Limited$GRABSoftware - ApplicationHP Inc.$HPQComputer HardwareInfleqtion Inc$INFQHardware, Equipment & PartsIntel Corp.$INTCSemiconductorsIntuit Inc.$INTUSoftware - ApplicationIonQ, Inc.$IONQComputer HardwareJabil Inc.$JBLHardware, Equipment & PartsKeel Infrastructure Corp.$KEELSoftware - ServicesKlaviyo, Inc.$KVYOSoftware - InfrastructureLeidos Holdings, Inc.$LDOSInformation Technology ServicesLumentum Holdings Inc.$LITECommunication EquipmentLyft, Inc.$LYFTSoftware - ApplicationMarvell Technology, Inc.$MRVLSemiconductorsmonday.com Ltd.$MNDYSoftware - ApplicationMongoDB, Inc.$MDBSoftware - InfrastructureNintendo Co., Ltd.$NTDOYElectronic Gaming & MultimediaNokia Oyj$NOKCommunication EquipmentOkta, Inc.$OKTASoftware - InfrastructureOuster, Inc.$OUSTHardware, Equipment & PartsPayoneer Global Inc.$PAYOSoftware - InfrastructurePegasystems Inc.$PEGASoftware - ApplicationPOET Technologies Inc.$POETSemiconductorsQUALCOMM Incorporated$QCOMSemiconductorsQualys, Inc.$QLYSSoftware - InfrastructureRed Cat Holdings, Inc.$RCATComputer HardwareRoper Technologies, Inc.$ROPSoftware - ApplicationRubrik, Inc.$RBRKSoftware - InfrastructureSabre Corporation$SABRSoftware - InfrastructureSAP SE$SAPSoftware - ApplicationSentinelOne, Inc.$SSoftware - InfrastructureShift4 Payments, Inc.$FOURSoftware - InfrastructureSK hynix Inc.$SKHYSemiconductorsSmartsheet Inc.$SMARSoftware - ApplicationSnowflake Inc.$SNOWSoftware - ApplicationSony Group Corporation$SONYConsumer ElectronicsStrategy Inc$MSTRSoftware - ApplicationSynopsys, Inc.$SNPSSoftware - InfrastructureTaiwan Semiconductor Manufacturing Company Limited$TSMSemiconductorsTake-Two Interactive Software, Inc.$TTWOElectronic Gaming & MultimediaTenable Holdings, Inc.$TENBSoftware - InfrastructureTeradata Corporation$TDCSoftware - InfrastructureTeradyne, Inc.$TERSemiconductorsTexas Instruments Incorporated$TXNSemiconductorsThe Trade Desk, Inc.$TTDSoftware - ServicesToast, Inc.$TOSTSoftware - InfrastructureTwilio Inc.$TWLOSoftware - InfrastructureTyler Technologies, Inc.$TYLSoftware - ApplicationUnity Software Inc.$USoftware - ApplicationVeeva Systems Inc.$VEEVSoftware - ApplicationVicor Corporation$VICRHardware, Equipment & PartsWebull Corporation Class A Ordinary Shares$BULLSoftware - ApplicationWhiteFiber, Inc. Ordinary Shares$WYFIInformation Technology ServicesZeta Global Holdings Corp.$ZETASoftware - ApplicationZoom Communications, Inc.$ZMSoftware - ApplicationZscaler, Inc.$ZSSoftware - Infrastructure