Technology stocks are back in the spotlight as investors weigh sharper market swings, uneven earnings, and fresh policy signals from central banks and regulators. This article looks at how one Technology Sector Stocks screener is reacting to that mix, focusing on large, well rated software, hardware, and semiconductor companies with sizable market capitalizations and solid fundamental scores. Three stocks from the screener appear positively exposed to the recent news flow around volatility, inflation trends, and trade and environmental rules. Each could offer a different way to either lean into the current set of risks and potential opportunities, or step back from them.

Smartsheet (SMAR)

Overview: Smartsheet is a cloud based work management platform that helps organizations plan, track, automate, and report work through tools like grids, dashboards, forms, resource management, and digital asset management. It serves a wide range of sectors, from aerospace and healthcare to government and software, centralizing workflows and collaboration for large teams.

Operations: Smartsheet generates approximately US$1.08b in revenue from Internet Software & Services, with the United States contributing about US$918.07m and the rest coming from EMEA, Asia Pacific, and other Americas regions.

Market Cap: US$7.90b

Smartsheet gives you direct exposure to enterprise software that benefits when companies look for cloud based tools to manage complex work, and the stock sits firmly in the technology sector, which has seen renewed interest in a more volatile market. The company is still loss making and depends fully on external borrowing, so any revenue disappointment or higher funding costs could matter. Analysts currently forecast increases in revenue and earnings and an improvement in return on equity. Smartsheet is also leaning into AI with connections to major AI platforms and its Smart Assist companion, plus a refreshed leadership team focused on growth and financial discipline. These factors may be more important for some investors than the headline valuation debate.

Smartsheet’s push into AI, leadership reset, and shift toward earnings growth could be masking the real turning point in its story, and the analyst forecasts for Smartsheet may highlight what the market has not fully priced in yet.

New Relic (NEWR)

Overview: New Relic is a software as a service company that helps businesses monitor their digital systems by collecting and analyzing data from applications, infrastructure, and user activity in one unified platform. Its tools give IT and engineering teams a real time view of performance issues so they can keep websites, apps, and services running smoothly for customers.

Operations: New Relic generates about US$967.64m in revenue from Software & Programming.

Market Cap: US$6.18b

New Relic operates in a more volatile tech market. Observability software is tightly linked to the day to day reliability of digital services, which many companies treat as essential rather than optional. The company is still loss making with a weak return on equity and relies fully on external borrowing, so funding and dilution risks matter. New Relic is also pushing into AI heavy features like Autopilot, Ground Truth, and AI Coding Observability that are designed to cut incident response times and development costs. These developments are part of the reason investors are watching the company closely.

New Relic’s push into AI heavy observability is accelerating, but the real story may sit in how its funding needs, loss making profile, and product bets fit together. The 2 key rewards and 1 important warning sign hints at a twist most investors are missing

Extreme Networks (EXTR)

Overview: Extreme Networks builds the wired and wireless networking gear and cloud software that keep large venues, enterprises, and public sector organizations connected, with products ranging from Wi-Fi access points and campus switches to AI driven network management and security tools.

Operations: Extreme Networks generates about US$1.25b in revenue from the development and marketing of network infrastructure equipment and related software.

Market Cap: US$4.05b

Extreme Networks gives you exposure to the backbone of digital connectivity, from Wi-Fi 7 stadiums like Nissan Stadium to AI centric cloud platforms that support hybrid work and data heavy applications, at a time when tech infrastructure and market volatility are both in focus. Earnings have moved into profit, forecasts point to strong earnings growth and high future ROE, and the company is pushing into higher margin, subscription based services. However, there are questions around high funding risk, slower revenue growth than some peers, lumpier government and service provider demand, and recent insider selling. The real puzzle for investors is how these strengths and pressure points fit together as AI networking, multi beam Wi-Fi and large venue wins start to scale.

Extreme Networks’ push into AI centric networking and subscription services could be reshaping its profit profile, but the real tension between funding risk and opportunity sits inside the analyst forecasts for Extreme Networks

The three technology stocks in this article are just a starting point. The full screener has identified 32 more large, well rated companies with stories that could be just as compelling as the ones outlined here in the Technology Sector Stocks screener. Use Simply Wall St to analyze these companies side by side, filter for the catalysts and narratives that matter to you, and identify the highest conviction opportunities across software, hardware, and semiconductors.

Take Control of Your Investment Journey

If Extreme Networks or any of these companies sound like a great opportunity, register for FREE with Simply Wall St and add your companies to a Watchlist to monitor the share price against the fair value the ideal entry point. Once you've made your move, manage your holdings with our Portfolio Command Center that filters out the noise to deliver only the most critical, actionable updates. Throughout your journey, our Community allows you to filter the best ideas from thousands of investor perspectives. By uncovering hidden catalysts and risks early, you'll accelerate your decision-making and stay one step ahead of the market.

Seeking Fresh Alternatives Before Momentum Flips?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.