Technology companies by risk reading
Technology companies by risk reading: 1,292 companies ranked by a composite risk reading built from filed statements -- leverage, cash conversion, operating pressure, customer and supplier concentration and competitive position. Recomputed 1 September 2026.
Composite readings for 8,308 companies, recomputed 1 September 2026. A company appears here once at least three weighted categories cleared their inputs; the rest carry per-mechanism readings without a headline.
| Company | Reading | Band | Sector | Country | Coverage | Market cap |
|---|---|---|---|---|---|---|
| Ondas Holdings Inc ONDS | 42 | Elevated | Technology | United States | 5 / 6 | $3.8B |
| Synaptics Inc SYNA | 58 | Elevated | Technology | United States | 5 / 6 | $3.7B |
| Wix.com Ltd WIX | 44 | Elevated | Technology | Israel | 5 / 6 | $3.7B |
| Pattern Group Inc - Class A PTRN | 45 | Elevated | Technology | United States | 5 / 6 | $3.7B |
| Freshworks Inc Class A FRSH | 32 | Normal | Technology | United States | 5 / 6 | $3.7B |
| Fastly Inc - Class A FSLY | 51 | Elevated | Technology | United States | 5 / 6 | $3.6B |
| Axcelis Technologies Inc ACLS | 49 | Elevated | Technology | United States | 5 / 6 | $3.6B |
| Nordic Semiconductor ASA NOD | 62 | Stretched | Technology | Norway | 4 / 6 | $3.6B |
| Kingdee International Software Group Company Limited KDIC | 44 | Elevated | Technology | China | 5 / 6 | $3.5B |
| TechCreate Group Ltd - Class A TCGL | 89 | Acute | Technology | Singapore | 4 / 6 | $3.5B |
| Life360 Inc LIF | 31 | Normal | Technology | United States | 5 / 6 | $3.5B |
| OSI Systems Inc OSIS | 40 | Elevated | Technology | United States | 5 / 6 | $3.4B |
| LG Display Co Ltd LPL | 55 | Elevated | Technology | South Korea | 5 / 6 | $3.4B |
| National Interstate Corp NATL | 51 | Elevated | Technology | United States | 5 / 6 | $3.4B |
| Intapp Inc INTA | 36 | Normal | Technology | United States | 4 / 6 | $3.3B |
| Shift4 Payments Inc - Class A FOUR | 42 | Elevated | Technology | United States | 4 / 6 | $3.3B |
| TravelSky Technology Limited TVL | 31 | Normal | Technology | Hong Kong | 4 / 6 | $3.3B |
| Agilysys Inc AGYS | 28 | Normal | Technology | United States | 5 / 6 | $3.3B |
| Information Services International-Dentsu Ltd ISW | 37 | Normal | Technology | Japan | 5 / 6 | $3.3B |
| Comet Holding AG COTN | 54 | Elevated | Technology | Switzerland | 5 / 6 | $3.3B |
| IPG Photonics Corp IPGP | 59 | Elevated | Technology | United States | 4 / 6 | $3.2B |
| SoundHound AI Inc - Class A SOUN | 50 | Elevated | Technology | United States | 4 / 6 | $3.1B |
| SPS Commerce Inc SPSC | 33 | Normal | Technology | United States | 5 / 6 | $3.1B |
| Appian Corp - Class A APPN | 32 | Normal | Technology | United States | 5 / 6 | $3.1B |
| Ultra Clean Hldgs Inc UCTT | 74 | Stretched | Technology | United States | 5 / 6 | $3.1B |
| Artois Nom. ARTO | 63 | Stretched | Technology | France | 5 / 6 | $3.1B |
| Alten SA ATE | 48 | Elevated | Technology | France | 5 / 6 | $3.1B |
| GCL-Poly Energy Holdings Limited 3GY | 76 | Stretched | Technology | China | 5 / 6 | $3.1B |
| Ambarella Inc AMBA | 41 | Elevated | Technology | United States | 5 / 6 | $3.0B |
| Kingsoft Cloud Holdings Ltd KC | 77 | Stretched | Technology | China | 5 / 6 | $3.0B |
| Navitas Semiconductor Corp NVTS | 59 | Elevated | Technology | United States | 4 / 6 | $3.0B |
| Melexis NV MELE | 39 | Normal | Technology | Belgium | 4 / 6 | $3.0B |
| Cellebrite DI Ltd CLBT | 28 | Normal | Technology | Israel | 5 / 6 | $3.0B |
| Extreme Networks Inc EXTR | 47 | Elevated | Technology | United States | 5 / 6 | $3.0B |
| Kyndryl Holdings Inc KD | 64 | Stretched | Technology | United States | 5 / 6 | $3.0B |
| AvePoint Inc - Class A AVPT | 31 | Normal | Technology | United States | 5 / 6 | $2.9B |
| Knowles Corp KN | 41 | Elevated | Technology | United States | 5 / 6 | $2.9B |
| Megaport Ltd MP1 | 36 | Normal | Technology | Australia | 4 / 6 | $2.9B |
| Power Integrations Inc POWI | 58 | Elevated | Technology | United States | 4 / 6 | $2.9B |
| Digi International Inc DGII | 39 | Normal | Technology | United States | 4 / 6 | $2.8B |
| Netscout Systems Inc NTCT | 43 | Elevated | Technology | United States | 4 / 6 | $2.8B |
| Alarm.com Holdings Inc ALRM | 36 | Normal | Technology | United States | 5 / 6 | $2.8B |
| Xinyi Solar Holdings Limited 0968.HK | 43 | Elevated | Technology | Hong Kong | 5 / 6 | $2.8B |
| Adeia Inc ADEA | 38 | Normal | Technology | United States | 4 / 6 | $2.8B |
| Grindr Inc - Class A GRND | 24 | Normal | Technology | United States | 5 / 6 | $2.8B |
| Teradata Corp TDC | 47 | Elevated | Technology | United States | 5 / 6 | $2.7B |
| Veeco Instruments Inc VECO | 43 | Elevated | Technology | United States | 5 / 6 | $2.7B |
| Xinyi Solar Holdings Ltd 13X | 43 | Elevated | Technology | China | 5 / 6 | $2.7B |
| Bitdeer Technologies Holding Company BTDR | 62 | Stretched | Technology | Singapore | 5 / 6 | $2.6B |
| Euronet Worldwide Inc EEFT | 40 | Elevated | Technology | United States | 4 / 6 | $2.6B |
| HMS Networks AB (publ) HMS | 45 | Elevated | Technology | Sweden | 3 / 6 | $2.6B |
| Five9 Inc FIVN | 39 | Normal | Technology | United States | 5 / 6 | $2.6B |
| SoftwareONE Holding AG SWON | 42 | Elevated | Technology | Switzerland | 5 / 6 | $2.6B |
| Aehr Test Systems AEHR | 71 | Stretched | Technology | United States | 5 / 6 | $2.6B |
| VusionGroup VU | 33 | Normal | Technology | France | 5 / 6 | $2.5B |
| Penguin Solutions Inc PENG | 58 | Elevated | Technology | United States | 5 / 6 | $2.5B |
| PagSeguro Digital Ltd - Class A PAGS | 24 | Normal | Technology | Brazil | 5 / 6 | $2.5B |
| Pony AI Inc PONY | 60 | Stretched | Technology | China | 5 / 6 | $2.5B |
| Ncino Inc NCNO | 40 | Elevated | Technology | United States | 5 / 6 | $2.5B |
| Payoneer Global Inc PAYO | 30 | Normal | Technology | United States | 4 / 6 | $2.4B |
| Calix Inc CALX | 48 | Elevated | Technology | United States | 5 / 6 | $2.4B |
| nLIGHT Inc LASR | 49 | Elevated | Technology | United States | 5 / 6 | $2.4B |
| Asana Inc - Class A ASAN | 45 | Elevated | Technology | United States | 5 / 6 | $2.4B |
| StoneCo Ltd - Class A STNE | 30 | Normal | Technology | Cayman Islands | 5 / 6 | $2.4B |
| Ouster Inc - Class A OUST | 38 | Normal | Technology | United States | 5 / 6 | $2.4B |
| Himax Technologies HIMX | 56 | Elevated | Technology | Taiwan | 5 / 6 | $2.3B |
| Cohu Inc COHU | 70 | Stretched | Technology | United States | 5 / 6 | $2.3B |
| CSG Systems International Inc CSGS | 44 | Elevated | Technology | United States | 5 / 6 | $2.3B |
| ePlus Inc PLUS | 51 | Elevated | Technology | United States | 5 / 6 | $2.3B |
| Flywire Corp FLYW | 34 | Normal | Technology | United States | 5 / 6 | $2.3B |
| LiveRamp Holdings Inc RAMP | 32 | Normal | Technology | United States | 5 / 6 | $2.3B |
| Vertex Inc Class A VERX | 51 | Elevated | Technology | United States | 5 / 6 | $2.3B |
| TKH Group NV TWEKA | 49 | Elevated | Technology | Netherlands | 5 / 6 | $2.3B |
| Via Renewables Inc - Class A VIA | 72 | Stretched | Technology | United States | 5 / 6 | $2.3B |
| MONEY FORWARD INC. 47D | 39 | Normal | Technology | Japan | 5 / 6 | $2.2B |
| Rogers Corp ROG | 60 | Stretched | Technology | United States | 4 / 6 | $2.2B |
| Netcompany Group A/S NETC | 33 | Normal | Technology | Denmark | 5 / 6 | $2.2B |
| Blackbaud Inc BLKB | 48 | Elevated | Technology | United States | 4 / 6 | $2.2B |
| Alkami Technology Inc ALKT | 40 | Elevated | Technology | United States | 5 / 6 | $2.2B |
| NextNav Inc NN | 71 | Stretched | Technology | United States | 4 / 6 | $2.2B |
| Nippon Electric Glass Co. Ltd NPG | 38 | Normal | Technology | Japan | 5 / 6 | $2.1B |
| Oxford Instruments PLC OXIG | 45 | Elevated | Technology | United Kingdom | 5 / 6 | $2.1B |
| Atea ASA ATEA | 51 | Elevated | Technology | Norway | 3 / 6 | $2.1B |
| Sunrun Inc RUN | 79 | Stretched | Technology | United States | 4 / 6 | $2.1B |
| Karooooo Ltd KARO | 34 | Normal | Technology | Singapore | 5 / 6 | $2.1B |
| PC Connection Inc CNXN | 47 | Elevated | Technology | United States | 5 / 6 | $2.0B |
| Ichor Holdings Ltd ICHR | 78 | Stretched | Technology | United States | 5 / 6 | $2.0B |
| Kitron ASA KIT | 56 | Elevated | Technology | Norway | 4 / 6 | $2.0B |
| FLAT GLASS GROUP H YC-25 72T | 64 | Stretched | Technology | China | 4 / 6 | $2.0B |
| Planisware SAS PLNW | 28 | Normal | Technology | France | 5 / 6 | $2.0B |
| Solaredge Technologies Inc SEDG | 64 | Stretched | Technology | Israel | 5 / 6 | $2.0B |
| Nayax Ltd NYAX | 34 | Normal | Technology | Israel | 5 / 6 | $1.9B |
| Innodata Inc INOD | 23 | Normal | Technology | United States | 5 / 6 | $1.9B |
| BlackLine Inc BL | 41 | Elevated | Technology | United States | 5 / 6 | $1.9B |
| Sprinklr Inc Class A CXM | 37 | Normal | Technology | United States | 5 / 6 | $1.9B |
| Kainos Group PLC KNOS | 40 | Elevated | Technology | United Kingdom | 5 / 6 | $1.9B |
| Chipmos Technologies Inc IMOS | 52 | Elevated | Technology | Taiwan | 5 / 6 | $1.9B |
| Progress Software Corp PRGS | 28 | Normal | Technology | United States | 4 / 6 | $1.9B |
| Kainos Group plc 1KG | 39 | Normal | Technology | United Kingdom | 5 / 6 | $1.9B |
| Sonos Inc SONO | 50 | Elevated | Technology | United States | 5 / 6 | $1.9B |
By sector
Industrials 1,536Technology 1,292Healthcare 1,214Consumer Cyclical 1,116Basic Materials 577Communication Services 565Real Estate 552Consumer Defensive 536Energy 356Utilities 232
How the reading is built
Each company is scored on six mechanisms -- market expectation, operating pressure, cash conversion, leverage, concentration and competitive position -- from its own filed statements. A mechanism whose inputs do not clear its coverage floor is left unread rather than scored zero, and a reading built on thin coverage is pulled toward a neutral prior rather than claiming safety from what nobody looked at.
Descriptive, not advisory. These bands describe measured mechanisms; they are not investment advice, not a forecast, and not a statement about whether a share is worth owning.