Due to recent turbulence across technology and software stocks, there has been a renewed debate surrounding advancing artificial intelligence tools and their ability to reshape competitive dynamics across the industry.
This volatility has certainly impacted investors, who are increasingly becoming selective about the names they are investing in. In recent news, Wall Street analysts have been buying into the excitement over Chinese AI stocks.
A wave of listings has shown JPMorgan Chase & Co. recommending investors to buy the stocks of AI intelligence model developers MiniMax Group Inc. and Knowledge Atlas Technology JSC Ltd., also known as Zhipu.
Meanwhile, Goldman Sachs Group Inc. has rated chip designers Shanghai Biren Technology Co. and MetaX Integrated Circuits Shanghai Co. as new buys based on robust AI growth outlook.
“We believe MiniMax and Zhipu stand out as the two most distinctive independent large language model developers with accelerating global footprints.”
While market narratives experience volatility, changes in analyst ratings and price targets can be a useful way to gauge emerging conviction trends. On this note, we examine ten trending artificial intelligence stocks according to analysts.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q3 2025.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10. monday.com Ltd. (NASDAQ:MNDY)
Number of Hedge Fund Holders: 55
Despite slashing its price target on MNDY, DA Davidson analyst Lucky Schreiner remains constructive on the shares. On February 9, Schreiner lowered the price target to $150.00 (from $250.00) while maintaining a “Buy” rating, citing a disconnect between market pessimism and strong customer satisfaction in core product.
The firm said that it is trimming its FY26 estimates for the stock ahead of its fourth-quarter 2025 results due to longer sales cycles that Monday.com is navigating. Its recent customer checks have also been less constructive, particularly around the adoption of new MNDY products like Service.
Despite this, customers still view the company’s core work management solution “very positively,” noted the firm. Customers are not showing interest in building their own custom solutions as alternatives to monday.com’s core product.
“Shares are down 34% YTD based on the belief MNDY will no longer grow moving forward. We disagree with that view making this a straightforward BUY.”
monday.com Ltd. (NASDAQ:MNDY) develops software applications globally, offering a cloud-based Work OS for creating work management tools.
9. Fortinet, Inc. (NASDAQ:FTNT)
Number of Hedge Fund Holders: 62
BMO Capital remains measured in its outlook following Fortinet’s Q4 2025 earnings. On February 9, firm analyst Keith Bachman raised the price target on the stock to $95.00 (from $90.00) while maintaining a “Market Perform” rating. The firm has noted upside in billings & SASE traction but remains cautious on services revenue growth.
According to the firm, Fortinet delivered upside to consensus across key metrics excluding services revenue growth. It noted that management’s fiscal year 2026 billings growth guidance of 13% year-over-year surpassed the consensus estimate of 11%, likewise a positive surprise for investors.
Looking ahead, BMO Capital anticipates potential upside to topline estimates, expecting Fortinet to gain additional traction in the Secure Access Service Edge (SASE) market. However, the firm has expressed its disappointment related to services growth, demanding an improvement for holding a more constructive outlook.
“To move to a more constructive stance on the shares, we need conviction that services revenue growth can improve. We maintain our Market Perform rating and raise our target price to $95.”
Fortinet, Inc. (NASDAQ:FTNT), a cybersecurity company, provides enterprise-level next-generation firewalls and network security solutions, leveraging artificial intelligence across its cybersecurity products.
Hedge Fund Resource Center