Stocks priced for less growth than they delivered: Technology
Companies worth over $1 billion whose price implies free cash flow growth at least 3 points a year below what they delivered over the years on file. Ranked by the size of that gap. A one-off cash flow year can distort both numbers, so check each company's history.
Top of the list: Wise Group (WSE) -72.8%; Shift4 Payments (FOUR) -69.8%; CLARIVATE (CLVT) -65.4%.
The median priced in minus delivered across these 50 companies is -39.4%.
| # | Company | Priced in minus delivered | Growth priced in | FCF growth delivered | P/FCF | Market cap |
|---|---|---|---|---|---|---|
| 1 | Wise Group plc Class A Ordinary SharesWSE | -72.8% | -36.6% | +36.2% | 2.48x | $11.0B |
| 2 | Shift4 Payments IncFOUR | -69.8% | -10.4% | +59.4% | 8.17x | $4.1B |
| 3 | CLARIVATE PLCCLVT | -65.4% | -25.1% | +40.4% | 2.79x | $1.0B |
| 4 | ZoomInfo Technologies Inc.GTM | -64.1% | -25.3% | +38.8% | 2.66x | $1.0B |
| 5 | LYFT IncLYFT | -59.2% | -13.6% | +45.6% | 5.32x | $5.9B |
| 6 | Dlocal LtdDLO | -57.1% | -3.7% | +53.4% | 9.61x | $4.1B |
| 7 | Cellebrite DICLBT | -54.8% | +4.2% | +59.0% | 19.3x | $3.0B |
| 8 | Harmonic IncHLIT | -53.4% | -1.7% | +51.7% | 11.7x | $1.1B |
| 9 | DocuSign IncDOCU | -52.9% | -0.3% | +52.6% | 13.8x | $14.6B |
| 10 | Freshworks IncFRSH | -52.5% | +4.0% | +56.5% | 17.1x | $4.2B |
| 11 | Sprinklr IncCXM | -52.3% | -4.9% | +47.5% | 9.10x | $1.4B |
| 12 | Wealthfront Corporation Common StockWLTH | -52.1% | -2.8% | +49.3% | 11.1x | $1.7B |
| 13 | Ringcentral IncRNG | -51.1% | -0.2% | +50.8% | 12.4x | $7.3B |
| 14 | Globant SAGLOB | -50.3% | -5.2% | +45.0% | 7.66x | $2.0B |
| 15 | Wix.Com LtdWIX | -49.9% | -13.8% | +36.2% | 5.38x | $3.1B |
| 16 | Twilio IncTWLO | -44.6% | +14.7% | +59.3% | 40.9x | $42.3B |
| 17 | Block, IncXYZ | -44.4% | +4.3% | +48.7% | 19.3x | $46.7B |
| 18 | GigaCloud Technology Inc Class A Ordinary SharesGCT | -44.1% | -3.0% | +41.1% | 11.2x | $2.0B |
| 19 | Pegasystems IncPEGA | -43.9% | -1.8% | +42.1% | 12.4x | $6.1B |
| 20 | HubSpot IncHUBS | -43.5% | +6.7% | +50.2% | 19.2x | $13.6B |
| 21 | Nutanix IncNTNX | -43.4% | +8.2% | +51.6% | 29.1x | $21.8B |
| 22 | Workiva IncWK | -43.3% | +10.8% | +54.1% | 32.0x | $4.4B |
| 23 | Five9 IncFIVN | -42.7% | +2.4% | +45.0% | 14.2x | $2.9B |
| 24 | DXC Technology CoDXC | -41.9% | -29.9% | +12.0% | 2.05x | $2.1B |
| 25 | NVIDIA CorporationNVDA | -39.9% | +19.0% | +58.9% | 55.8x | $5.40T |
| 26 | Box IncBOX | -38.9% | +1.2% | +40.1% | 15.3x | $5.4B |
| 27 | Autodesk IncADSK | -37.7% | +5.7% | +43.4% | 21.1x | $50.9B |
| 28 | Grindr IncGRND | -37.4% | +3.0% | +40.4% | 17.0x | $2.4B |
| 29 | Innodata IncINOD | -36.5% | +20.2% | +56.7% | 62.3x | $2.2B |
| 30 | Payoneer Global IncPAYO | -36.2% | +2.1% | +38.3% | 11.3x | $2.3B |
| 31 | Tenable Holdings IncTENB | -35.8% | +5.8% | +41.6% | 22.3x | $5.7B |
| 32 | Nayax LtdNYAX | -35.0% | +16.6% | +51.6% | 23.5x | $1.7B |
| 33 | Unity Software IncU | -33.9% | +16.4% | +50.3% | 49.4x | $19.9B |
| 34 | Varonis SystemsVRNS | -33.5% | +16.0% | +49.6% | 45.4x | $6.1B |
| 35 | Nextracker Inc. Class A Common StockNXT | -33.3% | +7.8% | +41.1% | 25.0x | $12.8B |
| 36 | Micron Technology IncMU | -32.9% | +4.3% | +37.2% | 633.7x | $1.06T |
| 37 | Bill Com Holdings IncBILL | -32.3% | -1.0% | +31.3% | 14.5x | $4.5B |
| 38 | DigitalOcean Holdings IncDOCN | -32.0% | +22.6% | +54.7% | 80.6x | $13.7B |
| 39 | CCC Intelligent Solutions Holdings Inc.CCC | -31.4% | +1.6% | +33.1% | 16.6x | $4.2B |
| 40 | Jfrog LtdFROG | -31.1% | +24.3% | +55.5% | 89.7x | $12.8B |
| 41 | Paylocity Holding CorporationPCTY | -31.0% | +4.9% | +35.9% | 25.8x | $8.8B |
| 42 | Intuit IncINTU | -30.3% | -7.6% | +22.7% | 11.2x | $68.4B |
| 43 | Dropbox IncDBX | -30.1% | -6.4% | +23.7% | 8.81x | $8.2B |
| 44 | Bandwidth IncBAND | -29.0% | +6.8% | +35.8% | 26.8x | $1.8B |
| 45 | SPS Commerce IncSPSC | -28.6% | +5.7% | +34.2% | 22.0x | $3.3B |
| 46 | Appfolio IncAPPF | -28.3% | +10.9% | +39.2% | 31.0x | $7.4B |
| 47 | Diebold Nixdorf, IncorporatedDBD | -28.2% | -5.4% | +22.8% | 8.11x | $2.1B |
| 48 | Workday IncWDAY | -28.0% | +3.9% | +31.9% | 18.6x | $51.7B |
| 49 | Jabil Circuit IncJBL | -27.6% | +8.0% | +35.7% | 25.8x | $30.3B |
| 50 | Formula Systems 1985 Ltd ADRFORTY | -27.4% | -11.3% | +16.1% | 4.90x | $1.8B |
Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.
Other sectors
Questions
Which company ranks first on the stocks priced for less growth than they delivered: technology list?
Wise Group (WSE), with a priced in minus delivered of -72.8%, as of October 12, 2026.
How is this list built?
Companies worth over $1 billion whose price implies free cash flow growth at least 3 points a year below what they delivered over the years on file. Ranked by the size of that gap. A one-off cash flow year can distort both numbers, so check each company's history. It shows the top 50 and is rebuilt every day.
Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.