In this piece, we discuss the 11 Best Agentic AI Stocks to Buy Right Now.
With companies actively committing massive capital investments, agentic AI is no longer a distant concept.
On April 20, 2026, Morgan Stanley argued that as agentic AI grows, demand for hardware expands beyond GPUs and data center chips. While GPU demand is expected to remain strong, the bank said the computing bottleneck is shifting toward CPUs and memory, with agentic AI potentially adding $32.5 to $60 billion to a data center CPU market already exceeding $100 billion by 2030.
The next phase of the AI boom, Morgan Stanley noted, will be driven more by coordination than raw processing power, and companies operating in supply-constrained corners of the ecosystem are well-positioned to capture incremental pricing power. Therefore, the firm said agentic AI will widen AI spending beyond GPUs to chipmakers, memory suppliers, and manufacturing.
Jensen Huang, OpenAI’s CEO, appeared to be in agreement.
Speaking at ServiceNow’s Knowledge 2026 conference on May 6, 2026, NVIDIA’s CEO described agentic AI as the entry point into a $50 trillion industrial economy that software has, until now, not touched.
In computational terms, Huang explained that compute requirements for agentic AI have surged 1,000% relative to generative AI just two years ago. That surge is due to the far greater computational demands of autonomous AI systems compared to earlier generative AI models. And that is understandable, given agents now must understand large amounts of information, think through multiple steps, use several tools, and generate far more tokens in real time.
The question, then, is which companies stand to benefit from the expanding agentic AI market. And to answer that, we will turn to our list of the best agentic AI stocks to buy right now.
Our Methodology
To identify relevant stocks for this article, we used a stock screener and media reports to compile a list of U.S.-listed agentic AI companies. From this initial pool, we refined the selection to stocks with at least 20% upside potential. We then incorporated billionaire sentiment into our analysis, ranking the final list in ascending order based on the number of billionaires holding bullish positions in each stock as of Q4 2025.
Note: All data was extracted as of market close on May 12, 2026.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
11. Snowflake Inc. (NYSE:SNOW)
With more than 51.3% upside potential, Snowflake Inc. (NYSE:SNOW) secures its spot among the best agentic AI stocks to buy right now.
Amid that bullish backdrop, recent developments indicate Snowflake Inc. (NYSE:SNOW) is increasingly positioning itself at the forefront of enterprise AI infrastructure.
By bringing significant updates across Snowflake Intelligence and Cortex Code on April 21, 2026, Snowflake Inc. (NYSE:SNOW) furthered its push into the agentic AI era and reaffirmed its goal of becoming the enterprise AI control plane.
Following the upgrade, Snowflake Intelligence is now a personalized work agent that picks up on user behavior and automates workflows accordingly. At the same time, developers can now build and deploy apps directly within Snowflake Inc. (NYSE:SNOW)’s platform, while integrating with external ecosystems like AWS, Databricks, and Postgres. That was made possible by the expansion of Cortex Code into a complete AI builder layer.
These changes are part of a larger move away from data analytics and toward end-to-end AI orchestration, in which Snowflake Inc. (NYSE:SNOW) unifies enterprise systems, data, and tools into a single agent-driven ecosystem.
Snowflake Inc. (NYSE:SNOW) now has a greater capacity to help clients go beyond just AI testing tools and actually use them in real, large-scale business operations. New features, including Model Context Protocol connections, multi-step reasoning, reusable artifacts, and deep research tools, support this transition.
Looking ahead, Snowflake Summit 2026 will showcase how the company’s agentic AI vision is translating into enterprise adoption at scale. The conference will be held in San Francisco from June 1-4, 2026.
Snowflake Inc. (NYSE:SNOW) provides a cloud-based data platform that helps organizations store, manage, and share data across multiple public clouds. Its platform, called the Snowflake Data Cloud, supports diverse workloads including data engineering, analytics, machine learning, and secure collaboration.
10. Arista Networks, Inc. (NYSE:ANET)
With an upside potential of 29.8%, Arista Networks, Inc. (NYSE:ANET) remains a bullish pick among analysts. The stock, therefore, earns its place on our list of the best agentic AI stocks to buy right now.
Arista Networks, Inc. (NYSE:ANET) continues to draw investor attention amid strong underlying demand, which Founding CEO and Chairperson Jayshree Ullal said is at its peak level since she joined the company.
On May 5, 2026, Arista Networks, Inc. (NYSE:ANET) announced a solid start to FY2026 with first-quarter revenue of $2.71 billion, up 35.1% year-over-year and 8.9% sequentially. That top-line growth was driven by strong demand for cloud networking infrastructure, data centers, and artificial intelligence.
Analysts at Truist were moved by that top-line performance, raising the firm’s price target on the stock from $161 to $175 with a “Buy” rating. They viewed the post-Q1 sell-off as an attractive buying opportunity.
Arista Networks, Inc. (NYSE:ANET) demonstrated continued operating leverage despite supply chain and macro uncertainty, posting a record non-GAAP operating margin of 47.8% and non-GAAP EPS of $0.87. During the quarter, management placed a strong emphasis on driving the adoption of AI-driven networking solutions, including its new XPO high-density liquid-cooled pluggable optics, designed to increase AI infrastructure efficiency and reduce data center rack use by up to 75%.
Those efforts proved fruitful, with a net promoter score of 89, reflecting strong enterprise satisfaction and continued share gains in high-performance networking.
Looking ahead, Arista Networks, Inc. (NYSE:ANET) guided for Q2 2026 revenue of $2.8 billion, a non-GAAP operating margin of 46% to 47%, and a non-GAAP EPS of $0.88. Those projections point to steady growth and expanded profitability, with management saying demand is outpacing the company’s supply in 2026.
Arista Networks, Inc. (NYSE:ANET) is a computer hardware company that develops client-to-cloud networking solutions for AI, data center, campus, and routing environments.
