In this article, we will be taking a look at the 13 Best Big Tech Stocks to Buy According to Hedge Funds.
Alex Kantrowitz of Big Technology, Douglas Boneparth of Bone Fide Wealth, and Jay Woods of Freedom Capital Markets spoke on CNBC on February 9 on tech volatility and rotation. Boneparth emphasized diversification, pointing out that while large-cap U.S. equities continue to be the main emphasis, mid-caps, small-caps, developed foreign, and emerging markets are all off to a great start in 2026. He noted that a remarkable 2025 is helping global markets and rewarding diversified investments.
Kantrowitz addressed tech volatility, stating the market is betting on AI success but is uncertain whether winners will be chip makers, foundational model companies, or consultants. The market is making earnings-driven swings while predicting outcomes two to three years ahead. The software sector, including IGV (Software ETF), has hit six-year lows relative to the S&P 500. Woods called it “software sludge” but a sassy trading opportunity, while Boneparth noted that software offers meaningful discounts for long-term holders. He added that if private players like Anthropic or OpenAI were public, software ETFs would appear healthier.
UBS, initially positive on U.S. tech in December 2025 due to AI-led growth, downgraded the U.S. IT sector to Neutral on February 10. CIO Mark Haefele cited deceleration in hyperscaler Capex growth and stretched hardware valuations, noting hyperscaler Capex could reach $700 billion in 2026, consuming almost 100% of cash flow from operations.
Following a tech sell-off in early February, the Nasdaq Composite dropped almost 4% over the last month, down 2.94% YTD as of February 20. Piper Sandler and Goldman Sachs attribute the decline to a rotation from AI-focused stocks to “old economy” sectors benefiting from accelerating economic growth.
The market also faces potential new U.S. tariffs after President Donald Trump criticized the Supreme Court ruling on February 23, which blocked a 10% global tariff increase. Trump indicated remaining tariffs could be used more powerfully and legally. The European Commission has demanded adherence to the EU-U.S. trade deal signed last year.
With that being said, now let’s move on to the best technology stocks.
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Our Methodology
For our methodology, we screened for big tech stocks with positive analyst upside of at least 20%. We then narrowed our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also widely followed by analysts and are popular among elite hedge funds.
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).
Here is our list of the 13 best big tech stocks to buy according to hedge funds.
13. CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC)
CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) is placed among the best technology stocks.
TheFly reported on February 25 that Evercore ISI kept an Outperform rating on CCC but lowered the price target to $9 from $12. The firm cited broader software sector multiple compression despite a strong FY25 finish and growing traction of the company’s AI solutions.
On February 24, CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) announced its financial results for the fourth quarter and the full year 2025. At $1.057 billion, a 12% increase over 2024, the company’s annual revenue surpassed $1 billion for the first time. Adjusted EBITDA climbed by 10% to $436 million while GAAP net income was $1.7 million. With adjusted EBITDA of $118.7 million, Q4 revenue was $277.9 million, up 13% from the year before.
With $111.2 million in cash and $1.291 billion in total debt at the end of 2025, the corporation produced $254.5 million in free cash flow and $315.5 million in operating cash flow. While continuing to invest in long-term development, innovation, and AI-enabled solutions that support its clients’ digital transformation and operational efficiency throughout the insurance market, CCC highlighted outstanding financial performance.
CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) provides AI-driven software and data analytics for the automotive, insurance, and mobility industries. Its solutions streamline claims management, risk assessment, and vehicle repair processes, helping businesses improve efficiency, reduce costs, and enhance customer experiences.
12. Check Point Software Technologies Ltd. (NASDAQ:CHKP)
Check Point Software Technologies Ltd. (NASDAQ:CHKP) is next among the best technology stocks.
TheFly reported on February 16 that Citi reduced its price target for CHKP to $190 from $200, while keeping a Neutral rating, following the company’s mixed fourth-quarter results.
Additionally, for the third year in a row, Check Point Software Technologies Ltd. (NASDAQ:CHKP) received recognition as a Leader and Fast Mover in the GigaOm Radar for Cloud Network Security 2025 on February 17, 2026. CHKP’s unified cloud security platform, prevention-first philosophy, and constant innovation pace are all reflected in the award.
The business’s position is further reinforced by its Open Garden approach, which permits growing native integrations across public and private cloud environments. CHKP’s ability to offer high-efficacy security while lowering complexity for businesses managing hybrid and multicloud applications is highlighted in this year’s ranking.
The characteristics that stand out are CloudGuard WAF’s powerful attack prevention, automation-driven policy management that continuously modifies security, and deep visibility across cloud environments. With this award, CHKP has demonstrated its dedication to unified visibility, operational simplicity, and helping businesses protect apps while preserving integration flexibility.
Check Point Software Technologies Ltd. (NASDAQ:CHKP) provides cybersecurity solutions, including network security, threat prevention, and cloud protection. Its products help businesses safeguard data, prevent cyberattacks, and ensure secure digital operations worldwide.
11. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is among the best technology stocks.
TheFly reported on February 25 that JPMorgan reduced its price target for CRWD to $472 from $582 while maintaining an Overweight rating. The firm anticipates a solid fourth quarter supported by CrowdStrike’s robust pipeline and ongoing adoption of Falcon Flex, projecting sequential growth in net new annual recurring revenue as the company moves into fiscal 2027. JPMorgan noted that the recent security software selloff, triggered by Anthropic’s Claude Code Security announcement, is likely an overreaction for platform providers like CRWD, since code vulnerability scanning primarily competes with static analysis tools rather than impacting the company’s runtime detection and response capabilities.
Additionally, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) revealed on February 26 that Fal. Con Gov 2026, with the topic “Cybersecurity Is National Security,” will take place in Washington, D.C., on March 18. The summit, which is in its third year, brings together national security and top government executives, which also includes representatives from the White House, the Department of War, and CISA. This is to reinforce the protection of vital national systems and promote AI-driven defense policies.
Through keynote addresses, expert panels, breakout sessions, and interactive workshops, the program will address emerging cyber tactics, AI-enhanced threats, and operational defense best practices. Attendees will have the opportunity to engage with federal CISOs, participate in hallmark sessions such as Adversary Underground and Adversary Tradecraft, and meet with over 20 partner organizations that assist government and public-sector cybersecurity projects.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) delivers cloud-based cybersecurity solutions, specializing in endpoint protection, threat intelligence, and incident response. Its platform helps organizations prevent breaches, detect threats in real time, and secure digital assets across networks globally.
10. Remitly Global, Inc. (NASDAQ:RELY)
Remitly Global, Inc. (NASDAQ:RELY) is among the best technology stocks.
TheFly reported on February 23 that Cantor Fitzgerald raised its price target for RELY to $20 from $17 while keeping an Overweight rating. The firm cited the company’s strong Q4 performance, a promising FY26 outlook, and continued support from co-founder and former CEO Oppenheimer as factors in allaying investor concerns following the abrupt CEO transition.
Remitly Global, Inc. (NASDAQ:RELY) released its fourth quarter and full year 2025 results on February 18. The report highlights that at the end of the year, the company had 9.3 million active clients, which is up 19% from the year before, and a total transaction volume of $74.9 billion, up 37%.
Revenue also climbed 29% to $1.6 billion for the year, while net profitability improved from a $37.0 million deficit in 2024 to $67.9 million. An impressive $325.1 million in operating cash flow and $283.3 million in free cash flow allowed adjusted EBITDA to rise 93% to $272.2 million.
Additionally, RELY anticipates positive GAAP net income, adjusted EBITDA of $340–$360 million, and sales of $1.94–$1.96 billion for 2026, all of which point to steady growth and excellent performance. Adjusted EBITDA is predicted to be between $82 and $84 million for the first quarter, while revenue is predicted to be between $436 and $438 million.
Remitly Global, Inc. (NASDAQ:RELY) is a digital remittance company that enables fast, low-cost international money transfers. Its platform connects individuals and families worldwide, offering secure, convenient, and affordable cross-border payment solutions.
9. Paymentus Holdings, Inc. (NYSE:PAY)
Paymentus Holdings, Inc. (NYSE:PAY) is one of the best tech stocks.
TheFly reported on February 24 that Wedbush lowered its price target for PAY to $32 from $40. The firm cited a reduced multiple, while retaining an Outperform rating. According to the firm, PAY delivered another strong quarter with Q4 results exceeding expectations and provided conservative guidance for FY26. Even if there is still uncertainty in the fintech industry as a whole, Wedbush stressed that the company is still benefiting from the increasing digitization of bill payments and is witnessing an increase in transaction activity across a wide and diverse customer base.
Revenue, contribution profit, and adjusted EBITDA all surpassed projections in Paymentus Holdings, Inc.’s (NYSE:PAY) impressive fourth-quarter and full-year 2025 results, which were released on February 23. According to the study, higher transaction volumes and an enlarged biller base drove a 28.1% year-over-year gain in revenue during the fourth quarter and a 46.3% increase in adjusted EBITDA.
The company’s revenue increased 37.3% to $1.197 billion for the entire year, while adjusted EBITDA increased 45.9%. With a sizable backlog at the end of 2025, the business had good insight into 2026. Investors were thrilled by the company’s 2025 performance, but their focus was drawn to its forward-looking guidance, which reflected its strategy to maintain growth and capitalize on momentum in the cloud-based bill payment sector.
Paymentus Holdings, Inc. (NYSE:PAY) provides cloud-based bill payment solutions, enabling businesses and consumers to make and receive payments securely and efficiently. Its platform supports digital, mobile, and automated payment options across industries, enhancing convenience and cash flow management.
8. Block, Inc. (NYSE:XYZ)
Block, Inc. (NYSE:XYZ) is one of the best technology stocks on our list.
TheFly reported on February 24 that Bank of America reduced its price target for XYZ to $75 from $86 while keeping a Buy rating. The adjustment reflects a lower multiple applied to the company’s 2027 earnings estimate, which is driven by softer investor sentiment for payment stocks and weaker valuation levels among peers.
Additionally, Block, Inc. (NYSE:XYZ) released a forecast for 2026 along with its fourth-quarter and full-year 2025 results on February 26. It forecasted adjusted operating income of $3.2 billion with a 26% margin, up 54% from the previous year, and full-year gross profit of $12.2 billion, reflecting 18% growth year over year. The first quarter of 2026 is predicted to see a 22% growth in gross profit to $2.8 billion and a 21% margin in adjusted operating income to $600 million, indicating sustained high performance and operational efficiency into the new year.
Block, Inc. (NYSE:XYZ) offers financial and payment solutions for businesses and individuals, including point-of-sale systems, digital payments, and Cash App services, empowering commerce, peer-to-peer transactions, and financial inclusion globally.
7. Fidelity National Information Services, Inc. (NYSE:FIS)
The next stock on our list is Fidelity National Information, Inc. (NYSE:FIS).
TheFly reported on February 25 that Susquehanna reduced its price target on FIS to $55 from $69 while keeping a Neutral rating on the stock. In addition to highlighting the company’s optimistic forecast for future growth, the firm reported that fourth-quarter revenue exceeded expectations across both the Banking and Capital Markets segments. It underlined that FIS is still gaining ground in the market for financial institutions, especially thanks to the robust uptake of its Digital One Banking platform and Treasury solutions, which shows faith in the company’s positioning and capacity to seize opportunities in an improving end-market environment.
Fidelity National Information, Inc. (NYSE:FIS) highlighted a year of strategic transformation and consistent growth in its fourth-quarter and full-year 2025 results, which were released on February 24. Recurring revenue growth drove the full-year revenue increase to about $10.7 billion, which was up 5% on a GAAP basis and 6% on an adjusted basis. With a minor decline in margins due to strategic acquisitions and decreased TSA revenue, adjusted EBITDA came to about $4.3 billion. $3.0 billion was the amount of adjusted net earnings from continuing operations. The business also unveiled its 2026 projection, which calls for free cash flow to surpass $2 billion, double-digit growth in sales and EBITDA, and mid-to-high single-digit growth in adjusted EPS.
Fidelity National Information, Inc. (NYSE:FIS) provides financial technology solutions, including banking, payments, and risk management software. Its platforms help banks, businesses, and governments streamline operations, enhance security, and deliver digital financial services worldwide.
6. Zeta Global Holdings Corp. (NYSE:ZETA)
Zeta Global Holdings Corp. (NYSE:ZETA) is one of the best technology stocks.
TheFly reported on February 25 that Truist lowered its price target on ZETA to $30 from $36 while keeping a Buy rating on the shares. The company’s fourth quarter continued its streak of positive beat-and-raise results, marking the 18th consecutive quarter of such performance. However, the guidance does not yet reflect contributions from the new Athena AI product cycle. Truist noted that concerns around AI have been overly negative for ZETA and similar growth companies, but the price target was reduced in response to overall declines in sector valuations.
On February 24, Zeta Global Holdings Corp. (NYSE:ZETA) issued updated guidance for 2026, projecting full-year revenue between $1.749 billion and $1.762 billion, representing year-over-year growth of roughly 34% to 35% (or 20% to 21% excluding political candidate and Marigold Enterprise Business revenue). The company also raised its adjusted EBITDA forecast to a range of $389.9 million to $392.1 million, reflecting growth of 40% to 41% and an expected margin between 22.1% and 22.4%. Free cash flow guidance was increased to $230.7 million to $231.7 million, signaling a 40% to 41% improvement and a margin of 13.1% to 13.3%.
Zeta Global Holdings Corp. (NYSE:ZETA) is a data-driven marketing technology company that delivers customer engagement, analytics, and personalized marketing solutions. Its platform helps businesses acquire, retain, and grow customers through AI-powered insights and omnichannel campaigns.
5. EPAM Systems, Inc. (NYSE:EPAM)
EPAM Systems, Inc. (NYSE:EPAM) is one of the best technology stocks.
TheFly reported on February 23 that TD Cowen kept a Buy rating on EPAM while lowering its price target from $243 to $220. Although the company’s basic assets, such as AI-driven demand, increased pricing, margin growth, and a strong balance sheet, support an optimistic prognosis for recovery, the adjustment reflects short-term client challenges
EPAM Systems, Inc. (NYSE:EPAM) announced its fourth quarter and full year 2025 results on February 19, highlighting strong performance driven by AI-related initiatives. According to the report, non-GAAP operating income increased 10.5% to $230 million with a 14.8% increase in non-GAAP EPS to $3.26. According to the company, its Q4 revenues climbed to $1.408 billion, a 12.8% annual rise.
According to the reports, full-year revenues climbed 15.4% to $5.457 billion, with non-GAAP operating income up 6.7% to $831.5 million and non-GAAP EPS at $11.50. Operating cash flow totaled $654.9 million for 2025, supported by share repurchases of 3.54 million shares, leaving $776.5 million available under the program.
The business had about 62,850 workers and $1.301 billion in cash at the end of the year. EPAM projects GAAP EPS of $7.95–$8.25 and Q1 GAAP EPS of $1.32–$1.40 for 2026, with sales growth of 4.5–7.5% for the entire year and 7% in Q1.
EPAM Systems, Inc. (NYSE:EPAM) is a global IT services and consulting company specializing in software engineering, digital platform development, and technology solutions. It serves clients across industries, focusing on innovative software, product development, and digital transformation to drive business growth and efficiency.
4. Bentley Systems, Incorporated (NASDAQ:BSY)
Bentley Systems, Incorporated (NASDAQ:BSY) is among the best technology stocks.
TheFly reported on February 27 that UBS increased its price target for BSY from $40 to $43 while keeping a Neutral rating. The firm cited a boost from accelerating annual recurring revenue as a supportive factor for investors.
The fourth-quarter and full-year 2025 results of Bentley Systems, Incorporated (NASDAQ:BSY) were released on February 26. With subscription revenues increasing 13.0% to $356.6 million, the company’s Q4 total revenues of $391.6 million were up 11.9% year over year. On a constant currency basis, annualized recurring revenues (ARR) rose by 11.5% to $1.462 billion.
Moreover, the net retention rate for the company’s recurring revenue was 109%. The operating income margin increased to 20.0%, while the adjusted operating income margin, which does not include stock-based compensation, reached 24.1%. Adjusted EPS increased to $0.27, while net income per diluted share was $0.18. During the quarter, cash flow from operations came to $141.6 million, of which $136.2 million was free cash flow.
BSY made $1.502 billion for the entire year, of which $1.377 billion came from subscriptions. In comparison to 2024, operating margins, adjusted margins, net income per share, adjusted EPS, operating cash flow, and free cash flow all rose, demonstrating steady growth and year-round operational effectiveness.
Bentley Systems, Incorporated (NASDAQ:BSY) is a global software company providing solutions for infrastructure design, construction, and operations. Its products enable engineers, architects, and planners to improve project delivery, optimize asset performance, and advance digital twin technology for smarter, more sustainable infrastructure.
3. Autodesk, Inc. (NASDAQ:ADSK)
Autodesk, Inc. (NASDAQ:ADSK) is one of the best technology stocks.
TheFly reported on February 27 that JPMorgan increased its price target for ADSK from $319 to $336 while keeping an Overweight rating on the stock.
Autodesk, Inc. (NASDAQ:ADSK) released its fourth-quarter and full-year fiscal 2026 results on February 26. The company exceeded the high end of guidance in a number of important metrics, including revenue, billings, non-GAAP operating margin, non-GAAP EPS, and free cash flow. Revenue in Q4 jumped 19% year over year, or 14% if the new transaction model was excluded. At the same time, billings increased 33% overall, with a 30% constant-currency rise and 32% if the transaction model was excluded.
During the quarter, the new model generated about $185 million in billings and $137 million in revenue. The GAAP margin was unchanged after a $100 million restructuring charge, but the non-GAAP operating margin increased by 120 basis points to 38%. The corporation repurchased $333 million worth of stock, totaling almost $1.4 billion for the entire year, roughly half of the $972 million in free cash flow for the quarter.
Autodesk predicted fiscal 2027 billings of $8.48–$8.58 billion, revenue of $8.10–$8.17 billion, non-GAAP operating margin of 38.5–39%, and free cash flow of $2.7–$2.8 billion due to expected decreases from the transaction-model tailwind and $135–$160 million in restructuring capital outflows.
Autodesk, Inc. (NASDAQ:ADSK) is a global software company specializing in 3D design, engineering, and entertainment software. Its solutions support architecture, construction, manufacturing, and media industries, enabling professionals to design, visualize, and simulate projects efficiently.
2. Snowflake Inc. (NYSE:SNOW)
Snowflake Inc. (NYSE:SNOW) is among the best technology stocks.
TheFly reported on February 26 that Citi raised its price target for SNOW from $270 to $280 while maintaining a Buy rating. Citi noted that the company’s Q4 results showed stronger AI momentum entering fiscal 2027 and prompted an update to the firm’s model.
The fourth-quarter and full-year fiscal 2026 results of Snowflake Inc. (NYSE:SNOW), which concluded on January 31, 2026, were released on February 25. The company’s Q4 product sales were $1.23 billion, up 30% from the previous year, and its remaining performance commitments increased 42% to $9.77 billion.
SNOW also revealed that it added 733 new high-value consumers to its portfolio, including a record number of customers who spent over $10 million and 740 net new customers, 40% more than the year before. The results highlight SNOW’s focus on gaining new customers and forming strategic partnerships, which are supported by its business AI platform, governance, and cross-cloud interoperability.
To promote sustainable, long-term growth, leadership placed a strong emphasis on innovation, focused execution, and operational alignment. As SNOW approaches fiscal 2027, these outcomes put the company in a strong position to lead the corporate AI industry while upholding operational rigor and momentum.
Snowflake Inc. (NYSE:SNOW) is a cloud-based data platform that enables organizations to store, analyze, and share data securely. It offers scalable data warehousing, data lakes, and data collaboration solutions, helping businesses drive insights and make data-driven decisions efficiently.
1. OKTA, Inc. (NASDAQ:OKTA)
OKTA, Inc. (NASDAQ:OKTA) is among the best technology stocks.
TheFly reported on February 26 that BMO Capital reduced its price target for OKTA from $90 to $83 and maintained a Market Perform rating. The firm said that it expects solid results for the January quarter and anticipates management will guide full-year 2027 revenue near consensus, but continued investor caution toward software stocks keeps the firm cautious on the shares.
OKTA, Inc. (NASDAQ:OKTA) also announced an expanded relationship with the PGA of America on February 5, strengthening identity security for over 30,000 golf professionals, workers, and millions of fans worldwide. The partnership, which builds on their current partnership, aims to reduce human IT and development work while delivering safe, AI-powered digital experiences.
OKTA’s technology enables smooth and validated interactions across all touchpoints by offering scalable, robust identity management and sophisticated defense against AI threats. The PGA of America is able to expedite access, protect digital operations, and consolidate member and fan identities thanks to the extended cooperation. The objectives of both organizations, improving engagement, speeding up AI innovation, and preserving a safe, effective online environment for both professionals and fans, are supported by this project.
OKTA, Inc. (NASDAQ:OKTA) is a leading identity and access management company providing secure authentication, single sign-on, and lifecycle management solutions. It helps organizations protect users, applications, and data while enabling seamless digital experiences across cloud and on-premises environments.
While we acknowledge the potential of OKTA 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 OKTA and that has 100x upside potential, check out our report about this cheapest AI stock.
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