In this article, we will take a look at the 10 Most Promising Technology Stocks to Invest In.
The U.S. technological landscape is taking a significant turn. On August 22, the Commerce Secretary Howard Lutnick said that the U.S government has taken a 10% stake in Intel. This is a major development that shows the Trump administration’s effort to exert control over corporate America.
READ ALSO: 11 Low Price High Volume Stocks to Buy According to Analysts and 10 Best AI Software Stocks to Buy Now.
Regarding the government’s stake in Intel, Trump told reporters that “They’ve agreed to do it and I think it’s a great deal for them.” This marks the latest definitive shift in the U.S. industrial policy. Lutnick mentioned that the government wanted an equity stake in Intel in exchange for CHIPS Act funds.
“We should get an equity stake for our money. So we’ll deliver the money, which was already committed under the Biden administration. We’ll get equity in return for it,” Lutnick said on CNBC’s Squawk on the Street.
Moreover, President Trump has fired the Federal Reserve Governor Lisa Cook, which has raised concerns over the Fed’s independence. Trump posted a letter on his social media site indicating that the firing took place over allegations of false statements on two mortgage agreements.
Fed Chairman Jerome Powell, in his speech on Friday, highlighted the need to ease monetary policy. However, the rising pressure from the White House and the recent decision on Cook have investors thinking.
“Powell definitely locked in that September rate cut, and the certainty of that is rippling in a positive way across global markets. This still leaves, what happens after September? And I think that’s where the markets are getting ahead of themselves,” said Matthew Miskin, co-chief investment strategist at Manulife John Hancock Investments.
Investors are eyeing more data on inflation and the labor market due ahead of the Fed’s next meeting. These could factor into rate decisions, potentially holding up any rally.
With these market trends in mind, let’s turn to the 10 Most Promising Technology Stocks to Invest In.
Our Methodology
To compile the list of 10 most promising technology stocks to invest in, we shortlisted the technology stocks with an upside of more than 25%. We then ranked these most promising technology stocks in ascending order of the hedge fund data. The data for hedge funds is taken from Insider Monkey’s Hedge Fund database, updated as of Q2 2025. We took the data for the upside potential from CNN.
Note: The data was recorded on August 25.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Most Promising Technology Stocks to Invest In
10. CGI Inc. (NYSE:GIB)
Analyst Upside: 30.25%
Number of Hedge Fund Investors: 17
CGI Inc. (NYSE:GIB) is one of the most promising technology stocks to invest in. On August 26, CGI Inc. (NYSE:GIB) announced that it has been awarded a 10-year contract with the State of New Jersey to enhance natural disaster recovery operations.
The 10-year contract will allow CGI to continue to contribute to the development, enhancement, and support of the State Integrated Recovery Operations Management Systems (SIROMS). Under the renewed agreement, CGI will support New Jersey’s readiness to respond to natural disasters of all kinds. The company will help the state to efficiently manage federal recovery funds and minimize the overall cost of natural disaster recovery.
“Our partnership with CGI has been instrumental in helping New Jersey respond effectively to major disasters and prepare for those yet to come. This agreement ensures we have both the technology and expertise in place to protect our residents and communities while reducing the cost and complexity associated with long-term disaster recovery,” said Parth Sampath, State Contract Manager, New Jersey Department of Community Affairs.
CGI’s decade of collaboration with the state has demonstrated the power of a modern, adaptable technology platform to serve citizens at the time of need. This collaboration supports the growing community of state and local governments working together to strengthen resilience and organize recovery.
CGI Inc. (NYSE:GIB) provides IT and business process services, including business and strategic IT consulting, systems integration, and software solutions.
9. Strategy Inc (NASDAQ:MSTR)
Analyst Upside: 72.79%
Number of Hedge Fund Investors: 45
Strategy Inc (NASDAQ:MSTR) is one of the most promising technology stocks to invest in. On August 25, Strategy Inc (NASDAQ:MSTR) reported that it purchased $357 million in Bitcoin last week.
Strategy bought the Bitcoins by selling the common stock for the first time in nearly a month. With the latest purchase, the company now holds a total of 632,457 Bitcoins, worth approximately $70 billion at the current market price. The Tysons Corner, a Virginia-based firm, issued $310 million worth of MSTR shares to fund this latest purchase.
The acquisition was also partly funded by its SRTK, STRF, and STRD offerings. The company raised nearly $47 million by selling the preferred stocks, which carry various obligations and dividend payments.
About a week ago, Strategy signaled that it is modifying its newly adopted equity issuance policy, which restricted its ability to issue common stock shares when its stock traded at a certain valuation. Monness analyst Gus Gala mentioned that the company’s funding model creates several risks for shareholders. Under its 42/42 Capital Plan, Strategy has relied on convertible debt and new bond deals, said Gala.
Strategy Inc (NASDAQ:MSTR), previously known as MicroStrategy Inc., is a Bitcoin treasury and business intelligence company. The company offers cloud-native, AI-powered enterprise analytics software to global customers.
8. GoDaddy Inc. (NYSE:GDDY)
Analyst Upside: 34.99%
Number of Hedge Fund Investors: 56
GoDaddy Inc. (NYSE:GDDY) is one of the most promising technology stocks to invest in. On August 21, GoDaddy Inc. (NYSE:GDDY) introduced GoDaddy Capital, a merchant cash advance program that offers $1 million in the hands of SMEs.
GoDaddy has spotted the gap, and a recent survey of approximately 2,100 U.S. small businesses from the GoDaddy Small Business Research Lab found that SMEs need access to capital. Almost 51% of the businesses said they operate with limited cash flow, and they consider this to be their biggest financial barrier to growth. Through GoDaddy Capital, these small businesses will have access to around $1 million in as little as 24 hours.
“In today’s AI-driven, agentic world—where SMBs expect fast, intuitive, and seamless experiences—the standard banking loan process is surprisingly archaic. To make financing simple and intuitive for small businesses, we built GoDaddy Capital right into the GoDaddy dashboard. GoDaddy Capital provides quick, variable-size funding and gives businesses the ability to adjust payments on the cash advance based on their success,” said Kasturi Mudulodu, president of Commerce at GoDaddy.
GoDaddy Capital will only be available to the company’s payment users, which will help attract more businesses to the company. The new offering will allow small businesses to pay down the advance through a fixed percentage of each day’s sales, providing them with one streamlined platform to take payments, manage cash flow, and secure working capital.
GoDaddy Inc. (NYSE:GDDY) is focused on serving a market of entrepreneurs, developing and delivering easy-to-use products in a one-stop shop solution.
7. Atlassian Corporation (NASDAQ:TEAM)
Analyst Upside: 48.22%
Number of Hedge Fund Investors: 64
Atlassian Corporation (NASDAQ:TEAM) is one of the most promising technology stocks to invest in. Analysts are lowering their price targets on Atlassian Corporation (NASDAQ:TEAM) following mixed Q4 FY2025 results.
On August 11, Stephens downgraded the price target on TEAM from $221 to $202, keeping its Equal Weight rating. Apart from Stephens, more than nine other leading analyst firms have reduced their price target on TEAM. On August 18, Citi’s analyst Fatima Boolani downgraded the price target on TEAM to $240 from $300, maintaining the Buy rating.
Analysts have shown concern regarding the company’s updated models in the software space. The data center revenue is also expected to slow down in Q1 FY2026 due to a smaller expiration base and headwinds from previous programmatic shifts. Stephens’ analyst Brett Huff sees the AI-driven seat headwind fears to be ‘overblown.’ “It doesn’t want to fight sentiment driven by AI and back-half and FY27-loaded growth needed to meet guidance,” the analyst noted.
Despite the price downgrade from several analysts, Atlassian maintains the rating from the analysts, as they still believe in the potential of the firm. As of August 25, Atlassian Corporation’s (NASDAQ:TEAM) average price target of $250, based on analysts’ estimates, implies an upside of nearly 42.22% from current levels.
Atlassian Corporation (NASDAQ:TEAM) offers collaboration software that allows organizations to connect all teams viaa system of work that unlocks productivity at scale.
6. Accenture plc (NYSE:ACN)
Analyst Upside: 28.88%
Number of Hedge Fund Investors: 65
Accenture plc (NYSE:ACN) is one of the most promising technology stocks to invest in. On August 20, J.P. Morgan lowered the price target on Accenture plc (NYSE:ACN) from $334 to $302, keeping its Overweight rating on the stock.
Tien Tsin Huang from J.P. Morgan downgraded the price target of ACN, pointing out the company’s targets in IT services post the Q3 FY2025 reports. The analyst mentioned that the IT services sector is in its third straight year of below-average revenue growth. Huang believes that an improvement in growth is needed to drive higher valuation multiples.
For now, Huang remains cautious but is also optimistic that sector growth will improve. During Q3, Accenture made significant investments in strategic areas, including $297 million in acquisitions and the growth of its data and AI workforce to almost 75,000. The company also experienced strong quarterly bookings of $19.7 billion, with 30 clients having bookings greater than $100 million.
As of August 25, Accenture plc’s (NYSE:ACN) average price target of $330, based on analysts’ estimates, implies an upside of almost 28.88% from current levels.
Accenture plc (NYSE:ACN) is a professional services company that offers strategy and consulting, technology and operations, industry X, and song services.
5. Fair Isaac Corporation (NYSE:FICO)
Analyst Upside: 33.97%
Number of Hedge Fund Investors: 74
Fair Isaac Corporation (NYSE:FICO) is one of the most promising technology stocks to invest in. On August 21, Fair Isaac Corporation (NYSE:FICO) announced its partnership with the Nita Mukesh Ambani Cultural Centre (NMACC) India Weekend.
FICO and NMACC have collaborated to share India’s rich cultural legacy and timeless traditions on the global stage. FICO’s presence in India makes it a go-to choice for NMACC to promote the best of India in music, theatre, fashion, cuisine, and traditions.
“At FICO, we serve clients in more than 80 countries, and India remains a key region for our growth and innovation. We’ve built long-standing partnerships in Mumbai and Bangalore that continue to strengthen our foundation in the region. As someone with both professional ties and personal roots in India, I’m especially proud to collaborate with the NMACC India Weekend to help share India’s vibrant, multifaceted culture rooted in excellence,” said Nikhil Behl, President of FICO Software.
Fair Isaac Corporation also recently partnered with the Premier League team, Chelsea Football Club. FICO will work with the club as its U.S. partner in a multi-year deal. FICO will offer financial literacy initiatives through this collaboration and highlight the significance of understanding credit and credit scores. FICO will target U.S. consumers and help them achieve their financial goals.
Fair Isaac Corporation (NYSE:FICO) develops software with analytics and digital decisioning technologies. FICO assists businesses in automating, enhancing, and connecting decisions.
4. Workday, Inc. (NASDAQ:WDAY)
Analyst Upside: 25.34%
Number of Hedge Fund Investors: 76
Workday, Inc. (NASDAQ:WDAY) is one of the most promising technology stocks to invest in. On August 22, Workday, Inc. (NASDAQ:WDAY) announced that it signed a definitive agreement to acquire Paradox.
Paradox is a candidate experience agent that uses conversational AI to simplify the job application process. The AI agent solves application processes for high-volume frontline industries. Paradox will allow Workday to have an AI-powered talent acquisition suite to support customers in finding, hiring, and onboarding employees for every type of work.
“Hiring is one of the most critical moments in the employee experience, yet too often it’s slowed down by outdated processes and disconnected tools. By bringing Paradox’s candidate experience AI agent into Workday, we’re giving organizations a smarter, faster, and more engaging way to connect with candidates,” said Gerrit Kazmaier, president, Product & Technology, Workday.
With Paradox, Workday will move from transactional recruiting to transformative hiring that helps deliver talent in less time, and with a better experience for everyone. Paradox’s candidate experience agent gives instant response, self-scheduling capabilities, and 24/7 support to candidates. The transaction is expected to close in the third quarter of FY2026, ending October 31, 2025.
Workday, Inc. (NASDAQ:WDAY) offers enterprise cloud applications. Its AI platform helps in managing people, money, and agents.
3. Micron Technology, Inc. (NASDAQ:MU)
Analyst Upside: 32%
Number of Hedge Fund Investors: 94
Micron Technology, Inc. (NASDAQ:MU) is one of the most promising technology stocks to invest in. On August 12, UBS reiterated the Buy rating on Micron Technology, Inc. (NASDAQ:MU), keeping the price target at $155.
Timothy Arcuri from UBS retained the rating on Micron Technology after the company’s raised its guidance for Q4 FY2025. The company updated its guidance for revenue, gross margin, operating expense, and earnings per share. Micron’s previous guidance for revenue was $10.7 million, gross margins of $42%, and earnings per share of $2.50 for Q4. The company now expects its revenue to be around $11.2 billion plus/minus $100 million, gross margins of 44.4% plus/minus 0.5%, and earnings per share of $2.85 plus/minus $0.07.
Arcuri remains optimistic on MU following the Q4 guidance update, which indicates better development than previously expected. The revised guidance reflects improved pricing, especially in DRAM, and strong execution.
As of August 25, Micron Technology, Inc.’s (NASDAQ:MU) average price target of $154, based on analysts’ estimates, implies an upside of almost 32% from current levels.
Micron Technology, Inc. (NASDAQ:MU) is a leading manufacturer of memory and storage products. The company designs, develops, manufactures, and sells DRAM, NAND, SSDs, and HBM storage devices.
2. ServiceNow, Inc. (NYSE:NOW)
Analyst Upside: 33.53%
Number of Hedge Fund Investors: 106
ServiceNow, Inc. (NYSE:NOW) is one of the most promising technology stocks to invest in. On August 25, Stifel Nicolaus reiterated the Buy rating on ServiceNow, Inc. (NYSE:NOW) stock, keeping the price target at $1,200.
Brad Reback from Stifel reaffirms the rating on NOW, with the company posting 21.5% constant currency current remaining performance obligation (cRPO) growth during Q2 FY2025, reaching $10.92 billion. The company closed 89 deals greater than $1 million in net new ACV, with 11 deals surpassing $5 million. ServiceNow maintains focus on operational discipline and is gaining strong momentum in AI, with an increase in key AI Pro Plus deal count of more than 50% in Q2 compared to Q1.
Reback remains optimistic about the company’s progress. ServiceNow expects its subscription revenue to be between $3.26 billion and $3.265 billion in Q3 FY2025, indicating 20% to 20.5% year-over-year growth. For the full year 2025, the company has raised its subscription revenue by $125 million to $12.775 billion to $12.795 billion, also reflecting a 20% growth from a year ago.
ServiceNow, Inc. (NYSE:NOW) offers an AI platform for business transformation. The company’s AI platform connects people, processes, devices, and data to enhance productivity and maximize business outcomes.
1. Salesforce, Inc. (NYSE:CRM)
Analyst Upside: 41.20%
Number of Hedge Fund Investors: 121
Salesforce, Inc. (NYSE:CRM) is one of the most promising technology stocks to invest in. On August 18, UBS lowered the price target on Salesforce, Inc. (NYSE:CRM) from $300 to $260, keeping its Neutral rating on the stock.
Karl Keirstead from UBS made a downgrade in CRM’s price target, showing signs of caution. The integration of Informatica is expected to take time, with acceleration expected by FY2027. Moreover, the company suffers from issues in expanding its distribution capacity, which has been flat for the last two years.
The demand for Salesforce’s Agentforce is gaining traction. On August 21, Emergent, a solutions provider in the public sector for offering transformational technology strategies to Federal and State & Local customers, integrated Salesforce services and its Agentforce solutions into its active GSA contract.
Keirstead remains cautious yet sees the firm’s fundamentals as stable. Whereas, Citizens JMP analyst Patrick Walravens remains optimistic on Salesforce’s growth and has rated the stock Outperform with a $430 price target ahead of the company’s Q2 FY2025 results scheduled on September 3.
As of August 25, Salesforce, Inc.’s (NYSE:CRM) average price target of $350, based on analysts’ estimates, implies an upside of almost 41.20% from current levels.
Salesforce, Inc. (NYSE:CRM) is a cloud-based CRM company that is famous for its AI-powered platform, Agentforce.
While we acknowledge the potential of CRM 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 CRM and that has 100x upside potential, check out our report about this cheapest AI stock.
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