Industry ยท Oct 2026
Infrastructure Software stocks ranked by gap to the model's fair value
Faircurve's model values 35 infrastructure software stocks. 27 of them are ranked below by the gap between the model's fair value and the last close, as of 31 Oct 2026: 11 read as Undervalued, 16 as Fairly valued and 0 as Overvalued. The median gap across the ranked names is +12.8%. The widest gaps above the price are DBX (+45.2%), PRGS (+43.0%), PATH (+41.2%). The widest below it are PLTR (-14.2%), PAYO (-13.4%), VRSN (-12.9%).
Valuations as of . Prices are the closes of 3 Nov 2026. The gap is the model's fair value against the price: a positive gap means the fair value is above the price. It states what the model concluded, not where the price goes next.
The ranking
| Rank | Company | Last close | Model fair value | Gap | Model verdict | Quality score | Market value |
|---|---|---|---|---|---|---|---|
| 1 | DBX Dropbox, Inc. | $34.96 | $50.77 | +45.2% | Undervalued | 67 | $7.9B |
| 2 | PRGS Progress Software Corporation | $44.12 | $63.09 | +43.0% | Undervalued | 71 | $1.8B |
| 3 | PATH UiPath Inc. | $13.13 | $18.54 | +41.2% | Undervalued | 61 | $7.2B |
| 4 | GEN Gen Digital Inc. | $29.71 | $41.11 | +38.4% | Undervalued | 74 | $17.4B |
| 5 | FFIV F5, Inc. | $331.15 | $431.47 | +30.3% | Undervalued | 69 | $19.2B |
| 6 | EEFT Euronet Worldwide, Inc. | $66.24 | $82.95 | +25.2% | Undervalued | 46 | $2.4B |
| 7 | RAMP LiveRamp Holdings, Inc. | $38.50 | $47.50 | +23.4% | Undervalued | 61 | $2.3B |
| 8 | QLYS Qualys, Inc. | $210.57 | $256.51 | +21.8% | Undervalued | 79 | $7.8B |
| 9 | GDDY GoDaddy Inc. | $113.45 | $136.99 | +20.7% | Undervalued | 75 | $14.8B |
| 10 | TWLO Twilio Inc. | $213.77 | $252.35 | +18.0% | Undervalued | 67 | $31.5B |
| 11 | ZS Zscaler, Inc. | $225.09 | $261.10 | +16.0% | Undervalued | 52 | $38.8B |
| 12 | TDC Teradata Corporation | $33.62 | $38.64 | +14.9% | Fairly valued | 76 | $3.2B |
| 13 | AKAM Akamai Technologies, Inc. | $86.53 | $98.30 | +13.6% | Fairly valued | 58 | $13.3B |
| 14 | NTCT NetScout Systems, Inc. | $37.93 | $42.79 | +12.8% | Fairly valued | 61 | $2.8B |
| 15 | SNPS Synopsys, Inc. | $462.88 | $518.90 | +12.1% | Fairly valued | 55 | $89.6B |
| 16 | ORCL Oracle Corporation | $126.21 | $138.59 | +9.8% | Fairly valued | 41 | $395.1B |
| 17 | FTNT Fortinet, Inc. | $128.11 | $135.09 | +5.4% | Fairly valued | 52 | $99.8B |
| 18 | PANW Palo Alto Networks, Inc. | $350.20 | $364.56 | +4.1% | Fairly valued | 72 | $299.4B |
| 19 | OKTA Okta, Inc. | $189.68 | $196.62 | +3.7% | Fairly valued | 62 | $34.8B |
| 20 | NTNX Nutanix, Inc. | $64.68 | $65.10 | +0.6% | Fairly valued | 47 | $18.2B |
| 21 | CPAY Corpay, Inc. | $406.58 | $402.73 | -0.9% | Fairly valued | 65 | $26.3B |
| 22 | ACIW ACI Worldwide, Inc. | $58.43 | $56.41 | -3.5% | Fairly valued | 48 | $5.7B |
| 23 | ATEN A10 Networks, Inc. | $24.30 | $22.18 | -8.7% | Fairly valued | 62 | $1.8B |
| 24 | MSFT Microsoft Corporation | $520.99 | $470.86 | -9.6% | Fairly valued | 58 | $3.88T |
| 25 | VRSN VeriSign, Inc. | $313.88 | $273.25 | -12.9% | Fairly valued | 50 | $27.6B |
| 26 | PAYO Payoneer Global Inc. | $7.16 | $6.20 | -13.4% | Fairly valued | 62 | $2.4B |
| 27 | PLTR Palantir Technologies Inc. | $175.40 | $150.46 | -14.2% | Fairly valued | 67 | $423.6B |
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Valued but not ranked
These 8 names are valued but not ranked, for one of four reasons: the model grades the evidence as low or has not graded it yet, the inputs are under review, the gap is wider than 60%, or the valuation is more than three weeks old. The numbers are shown for reference.
| Company | Last close | Model fair value | Gap | Why it is not ranked | Quality score | Market value |
|---|---|---|---|---|---|---|
| BOX Box, Inc. | $43.01 | $40.49 | -5.9% | Data under review | 54 | $6.0B |
| CRWD CrowdStrike Holdings, Inc. | $244.68 | $218.57 | -10.7% | Data under review | 55 | $256.4B |
| DOCN DigitalOcean Holdings, Inc. | $90.50 | $93.05 | +2.8% | Low evidence grade | 62 | $10.5B |
| FOUR Shift4 Payments, Inc. | $41.49 | $43.57 | +5.0% | Low evidence grade | 56 | $4.2B |
| NET Cloudflare, Inc. | $273.62 | $244.81 | -10.5% | Data under review | 53 | $100.0B |
| SABR Sabre Corporation | $1.67 | $1.76 | +5.4% | Low evidence grade | 30 | $654M |
| WEX WEX Inc. | $181.97 | $149.96 | -17.6% | Low evidence grade | 35 | $6.3B |
| XYZ Block, Inc. | $76.00 | $71.26 | -6.2% | Data under review | 68 | $45.8B |