7 Also-Ran Tech Stocks Ready to Steal the Spotlight

Core Viewpoint - The technology sector has compelling stocks that are not receiving adequate attention, presenting potential rebound opportunities for investors [1]. Group 1: Shift4 Payments (FOUR) - Shift4 Payments operates in the infrastructure software category, providing software and payment processing solutions [2]. - Wall Street rates Shift4 Payments as a consensus strong buy with an average price target of $93.18, and a high estimate of $105 [2]. - For fiscal 2024, experts project EPS of $3.68, up from $2.83 last year, and revenue of $3.75 billion, a 46% increase from $2.56 billion in 2023 [3]. Group 2: LiveRamp (RAMP) - LiveRamp operates a data collaboration platform, unifying customer data while protecting privacy [5]. - The company enjoys a unanimous strong buy rating with an average price target of $48.75 and a high estimate of $51 [5]. - For fiscal 2024, EPS is expected to reach $1.47, up from 86 cents last year, with projected sales of $648.28 million, indicating nearly 9% year-over-year growth [6]. Group 3: Allegro MicroSystems (ALGM) - Allegro MicroSystems designs and manufactures sensor integrated circuits and application-specific analog power ICs [7]. - Analysts rate Allegro as a consensus strong buy, with an average price target of $38.13 and a high estimate of $45 [7]. - For fiscal 2024, EPS is projected to be $1.32, slightly up from $1.28 last year, with expected sales growth of 7.2% to $1.04 billion [8]. Group 4: Intapp (INTA) - Intapp provides industry-specific cloud-based software solutions for professional and financial services [10]. - The stock has a unanimous strong buy rating, with an average price target of $50.44 and a high estimate of $57 [10]. - For fiscal 2024, EPS is expected to be 34 cents, up from 11 cents last year, with revenue projected at $425.04 million, a 21.1% increase year-over-year [11]. Group 5: Sonos (SONO) - Sonos designs and sells audio products globally, including wireless and home-theater speakers [12]. - Analysts rate Sonos as a consensus strong buy, with an average price target of $29.52 and a high estimate of $55 [12]. - For fiscal 2024, EPS is expected to reach 25 cents, a significant improvement from a loss of eight cents per share last year [13]. Group 6: Braze (BRZE) - Braze operates a customer engagement platform that facilitates interactions between consumers and brands [14]. - The stock is rated as a consensus strong buy, with an average price target of $68.86 and a high estimate of $80 [14]. - For fiscal 2025, analysts project revenue of $574.15 million, a 21.7% increase from last year's $471.8 million [15]. Group 7: Coursera (COUR) - Coursera operates an online educational content platform, which has gained relevance post-pandemic [16]. - Analysts have a moderate buy consensus on Coursera, with an average price target of $23.20 and a low-side target of $15 [16]. - For fiscal 2024, revenue is expected to reach $736.45 million, a 15.8% increase from $635.76 million last year [18].