In this article, we will list the 5 Best Software Penny Stocks to Buy Now. Please visit 8 Best Software Penny Stocks to Buy Now if you’d like to see an extended list and how we came up with the list of best software penny stocks.
5. Yext Inc. (NYSE:YEXT)
Yext Inc. (NYSE:YEXT) is one of the 8 best software penny stocks to buy now.
On March 10, Naveed Khan from B. Riley reduced the price target on Yext Inc. (NYSE:YEXT) from $10 to $8 while reaffirming a Buy rating. This downward revision followed the company’s fourth-quarter financial report. Khan noted that the revenue figures remained greatly aligned with consensus expectations.
Photo by Danial Igdery on Unsplash
He also highlighted that strict cost control has caused the significant outperformance in adjusted operational earnings. Additionally, the strong initial adoption of the Scout, alongside positive KPIs for larger businesses, points to significant potential contributions in fiscal year 2027.
On March 10, Yext Inc. (NYSE:YEXT) reported fourth-quarter results, highlighting 2026 as a year of impressive operational success characterized by an increase in free cash flows. Chairman and CEO Michael Walrath noted that the success experienced in the Scout launch would enable Yext to define a new category of agentic marketing.
Walrath added that by doing away with conventional insights to provide agent-based optimizations on top of artificial intelligence engines and search tools, Yext will make the customers’ brands the ones trusted by the engines and chosen by consumers.
Yext Inc. (NYSE:YEXT) offers a platform that responds to consumer inquiries around the globe. The cloud-based platform provides businesses with a centralized solution that includes controlling the content landing pages, managing customer reviews, and updating their content, among other things. It also offers professional customization of the platform.
4. Blend Labs Inc. (NYSE:BLND)
Blend Labs Inc. (NYSE:BLND) is one of the 8 best software penny stocks to buy now.
On March 11, Wells Fargo decreased the price target on Blend Labs Inc. (NYSE:BLND) from $5 to $4 while maintaining an Overweight rating. This downward revision followed the release of the company’s fourth-quarter earnings report.
The firm noted that the overall revenue was in line with the consensus expectations. Although mortgage performance exceeded projections, it was offset by underlying softness in the consumer banking segment. While the broader recovery timeline seems extended, the firm anticipates that the company will maintain steady operations. It will be able to capture renewed growth as the underlying mortgage volumes eventually improve.
On March 11, Aaron Kimson from Citizens reduced the price target on Blend Labs Inc. (NYSE:BLND) from $7 to $5 while maintaining an Outperform rating on the stock. While the company has produced a robust fourth-quarter performance, its outlook for the first quarter was underwhelming.
While Citizens downgraded expectations, they pointed out that Blend’s banking customers have an interest in staying within the mortgage business.
Blend Labs Inc. (NYSE:BLND) serves financial services companies by selling them cloud-based software solutions. It provides a complete digital platform for lending and consumer finance. Additionally, it also offers to configure or build custom workflows from a pre-built set of components, AI capabilities, application programming interfaces, and more.
3. Aurora Innovation Inc. (NASDAQ:AUR)
Aurora Innovation Inc. (NASDAQ:AUR) is one of the 8 best software penny stocks to buy now.
On March 19, Aurora Innovation Inc. (NASDAQ:AUR) released results from a study which has revealed that the autonomous freight has evolved into a business sector worth billions of dollars in the $1 trillion trucking industry in the United States. The company expects to see more benefits over the next ten years.
According to this study conducted jointly by Aurora and the Steer Group, although the self-driving trucks are not profitable yet, they have the potential to create job opportunities for 17,000 individuals and contribute $3.3 billion to the GDP.
As per the results obtained from this study, it is estimated that the self-driving trucking sector will add an additional contribution of $70 billion to the GDP of the United States by 2035.
The autonomous trucks industry will provide an additional benefit of $9.4 billion per year concerning safety and create $9 billion consumer surplus. Chris Urmson, Co-founder and CEO of Aurora, said that autonomous trucking will serve as a massive growth engine for the American economy and strengthen the country’s transportation infrastructure. According to the report, by 2035, the application of self-driving technology would save up to 490 lives, 8,800 injuries, and 23,000 accidents each year.
Aurora Innovation (NASDAQ:AUR) is a self-driving technology company. It develops and operates Aurora Driver, which is an integrated self-driving platform for freight trucks and commercial vehicles. This platform combines several self-driving hardware, software, and data solutions to operate different types of vehicles.
2. HIVE Digital Technologies Ltd. (NASDAQ:HIVE)
HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is one of the 8 best software penny stocks to buy now.
On March 16, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) announced a 4x expansion of its liquid-cooled AI data center capacity through its previously announced strategic data center partner in Canada. This grows the existing 4 megawatts (MW) in Manitoba to 16.6 MW of critical IT load across two Canadian provinces.
The expansion involves building a new colocation center in British Columbia, which will immediately add 5 MW of capacity, with room for an additional 7.6 MW. This instant capacity enables deployment of more than 2,000 next-generation, high-power-density AI-optimized GPUs in British Columbia, while at the same time, there will be a capacity for roughly 2,000 GPUs in the Manitoba facility.
On March 13, Hive Digital Technologies Ltd. (NASDAQ:HIVE) and AMC Robotics Inc. (NASDAQ:AMCI) formally announced a strategic corporate partnership. The main goal of this joint agreement is to advance artificial intelligence-driven modern robotics applications combined with highly scalable infrastructure capabilities.
Thanks to this partnership, AMC has been able to take advantage of Hive’s unique GPU AI compute infrastructure. These technological services are necessary to support the increasing development processes, rigorous testing phases, and vast deployment requirements. To accommodate future product launches, teams from both companies are actively exploring further cooperation opportunities regarding AI optimization, advanced data processing, and general infrastructure scalability.
HIVE Digital Technologies Ltd. (NASDAQ:HIVE) constructs and operates data centers that run on renewable energy sources in Bermuda and Paraguay. It offers performance computing hosting services, as well as mining and selling of virtual currencies. Additionally, it also offers infrastructure solutions to the blockchain sector.
1. Rezolve AI PLC (NASDAQ:RZLV)
Rezolve AI PLC (NASDAQ:RZLV) is one of the 8 best software penny stocks to buy now.
On March 31, Roth Capital reduced the price target on Rezolve AI PLC (NASDAQ:RZLV) from $12.50 to $9.50 while maintaining a Buy rating on the stock following its Fiscal Year 2025 results.
The firm is optimistic about its 2026 forecasts if Rezolve AI fulfills its strategy, hires 100 sales staff, buys legacy enterprise search firms, and cross-sells to its customer base. A preliminary assessment of the company’s conversational commerce live enterprise client might also serve as a positive sentiment catalyst.
On March 30, Rezolve AI PLC (NASDAQ:RZLV) reported Fiscal Year 2025 revenue of $46.8 million compared to $2.0 million last year. Total Group Contracted Revenue Base is now $232 million, creating an extremely strong floor for the increased $360 million guidance for 2026.
Rezolve AI starts the year 2026 with sufficient capital to cover not only its daily expenses but also expansion in line with the organic growth it is expected to experience. According to Daniel Wagner, the CEO of Rezolve, the shift from Search-based to Agentic Commerce is a complete change in the way retail commerce is conducted worldwide.
Wagner also stressed that in the year 2025, Rezolve had become the very logic of the global economy. The company clearly feels as if it has a distinct technological and financial edge in this field, which positions it as the consolidator of choice in the space. By hitting $232 Million in run rate at the end of the year, the hockey stick growth projections are coming true.
Rezolve AI PLC (NASDAQ:RZLV) offers generative artificial intelligence technologies to the e-commerce and retail industry in the United States and the United Kingdom. Its customer portfolio includes different brands, producers, retailers, banks, and other corporate clients.
While we acknowledge the potential of RZLV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RZLV and that has 100x upside potential, check out our report about the cheapest AI stock.
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