Technology stocks offer investors the promise of growth through innovation. Morningstar’s list of undervalued tech stocks includes Endava, Fiserv, Nice, HubSpot, Sabre, Adobe, Oracle, Elastic, Monday.com, Akamai, Klarna, and Globant. Each stock has its unique value proposition and growth potential based on Morningstar’s analysis as of Dec. 3, 2025.
Endava, the cheapest stock on the list, is a UK-based IT services company focusing on digital transformation. With revenue primarily from financial services, Endava aims to diversify into retail and healthcare sectors while expanding in North America through agile project management.
Fiserv, a leading provider of core processing for US banks, faces challenges following its merger with First Data but is focusing on resetting its business for long-term growth. The company’s move to reset business may lead to lower margins and growth in 2026.
Nice, an enterprise software company, provides cloud solutions for customer engagement and financial crime. The company aims to expand internationally and enhance its CXone platform to serve large enterprises and increase market reach.
HubSpot, a leader in marketing and sales automation software, operates on a freemium model, moving users up pricing tiers and cross-selling multiple hubs. The company’s focus on customer growth and upselling has been successful in increasing revenue and customer retention.
Sabre, with a narrow economic moat, holds a significant share of the global distribution system industry, focusing on gradual recovery in corporate travel and leading technology solutions for airlines and travel agents.
Adobe dominates content creation software with its Creative Cloud suite and digital experience segment. The company’s acquisitions and focus on AI solutions continue to drive growth and customer acquisition.
Oracle, known for enterprise applications and cloud infrastructure, has diversified its offerings to include AI solutions and expanded its database offering. The company’s integrated AI portfolio and cloud transition are expected to drive revenue growth.
Elastic specializes in AI-search, observability, and security solutions, competing with major hyperscalers. Its unique cloud-neutral approach and broad capabilities position it well for growth in AI and security markets.
Monday.com, a work management platform, targets enterprise customers with its flexible WorkOS platform, focusing on expanding within enterprise accounts, broadening vertical solutions, and enhancing customer stickiness through product adoption.
Akamai, a content delivery network provider, has repositioned itself in cybersecurity and edge computing to drive growth and compete against major players in the industry.
Klarna, a leader in the buy now, pay later space, focuses on growth in the US market and expanding its reach through payment services providers. The company’s unique funding profile and growth strategy position it for profitability in the future.
Globant, an IT services company, assists clients with digital transformation efforts and revenue primarily from media and financial services. The company’s focus on landing and expanding strategy, geographic diversification, and agile project management drive growth and innovation.
Read more at Morningstar: The Best Tech Stocks to Invest in Now