In this article, we will discuss 13 High Growth Cloud Stocks to Buy.
Investing in cloud computing stocks offers exposure to one of the most important and fastest-growing pillars of the modern digital economy. Cloud computing has moved beyond being an emerging technology and is now a significant part of the core infrastructure for enterprises worldwide, powering everything from remote work and e-commerce to cybersecurity and artificial intelligence. The global cloud computing market is projected to expand from $752 billion in 2024 to more than $2.3 trillion by 2030, representing a compound annual growth rate exceeding 20%, underscoring the scale and durability of the opportunity.
A key driver of this expansion is the rapid rise of generative AI, which is creating a new demand cycle for cloud capacity. Training and deploying large AI models requires massive computing power, data storage, and advanced networking—resources that are primarily delivered through the cloud. As a result, AI and cloud computing have become deeply interconnected, with AI adoption directly accelerating cloud spending. At the same time, businesses continue to migrate away from on-premises infrastructure to cloud-based platforms to reduce costs, improve scalability, and modernize operations, making cloud adoption a “must-have” rather than a discretionary upgrade.
From an investment perspective, cloud companies also benefit from attractive business models and structural advantages. Many operate on subscription-based or software-as-a-service (SaaS) models that generate recurring, high-margin, and predictable revenue streams. High switching costs create strong competitive moats, as enterprises are often deeply embedded in a single cloud ecosystem, making it costly and complex to move elsewhere. Investors can gain exposure across the cloud value chain, from dominant hyperscalers such as Amazon, Microsoft, and Alphabet, to specialized software providers like Snowflake and Salesforce, as well as infrastructure enablers such as Nvidia and Arista Networks. While valuations and market sentiment can fluctuate, the long-term fundamentals—driven by AI, digital transformation, and recurring revenue—continue to support the cloud sector as a compelling long-term investment theme.
With this context in mind, here is a list of 13 high growth cloud stocks to buy.
Our Methodology
For this article, we used the Finviz stock screener to compile a list of the top cloud stocks. We then selected 13 stocks that had a revenue growth of over 35% in the past five years. The stocks are ranked in ascending order of their revenue growth. We also included the hedge fund sentiment for each stock, which was sourced from Insider Monkey’s database, 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).
13 High Growth Cloud Stocks To Buy
13. Braze, Inc. (NASDAQ:BRZE)
3-year Revenue Growth: 35.59%
Number of Hedge Fund Holders: 34
On February 3, Piper Sandler lowered its price target on Braze, Inc. (NASDAQ:BRZE) to $30 from $50 while maintaining an Overweight rating following a transfer of coverage. The revision was part of a broader reset across the platforms and applications group, where the firm downgraded multiple names and reduced targets, citing concerns that “seat-compression and vibe coding” narratives could limit valuation expansion across software. Piper emphasized that the move was not tied to near-term fundamentals or a specific view on Braze’s upcoming Q4 results, but rather reflected a more cautious stance on software multiples amid lingering investor pessimism toward the sector.
For Q3 fiscal 2026, the company reported revenue of $191 million, representing 25.5% year-over-year growth and a 6% sequential increase. Customer additions were a notable highlight, with 106 net new customers added during the quarter and 317 added over the past year, marking Braze, Inc. (NASDAQ:BRZE)’s strongest customer growth quarter in three years. These results point to sustained demand for its customer engagement tools despite a more restrained spending environment across enterprise software.
Founded in 2011 and headquartered in New York City, Braze, Inc. (NASDAQ:BRZE) is a cloud-based customer engagement platform that enables brands to manage personalized, multichannel marketing campaigns across mobile, web, email, and messaging channels. While near-term valuation sentiment toward software remains cautious, Braze’s consistent revenue growth and improving customer acquisition trends suggest the company remains well-positioned within the broader customer engagement and data-driven marketing landscape.
12. Datadog, Inc. (NASDAQ:DDOG)
3-year Revenue Growth: 37.67%
Number of Hedge Fund Holders: 72
Datadog, Inc. (NASDAQ:DDOG) is among the high-growth cloud stocks to buy, even as near-term macro pressures weigh on valuation multiples across the sector. On January 30, Rosenblatt lowered its price target on the shares to $185 from $200 while reiterating a Buy rating, citing comparable multiple compression and ongoing macro uncertainty impacting enterprise IT spending. Importantly, the firm continues to expect Datadog to deliver an in-line to incrementally better fourth-quarter performance, underscoring confidence in the company’s underlying fundamentals despite the more cautious market backdrop.
During its Q3 2025 earnings call, Datadog, Inc. (NASDAQ:DDOG) reported record new logo annualized bookings, more than doubling year over year, highlighting sustained demand for its observability platform. The quarter was marked by several large enterprise wins, including multiple seven-figure deals with a leading European telecommunications provider and a Fortune 500 technology hardware company. These deals reflect Datadog’s growing relevance among large, complex organizations that require scalable, real-time visibility across increasingly hybrid and multi-cloud environments.
Datadog, Inc. (NASDAQ:DDOG) continues to benefit from secular tailwinds tied to cloud migration, distributed systems, and the rising complexity of modern application stacks. As enterprises adopt AI workloads and containerized architectures, the need for unified monitoring, security, and analytics platforms becomes more critical. Datadog’s expanding product suite, strong cross-sell capabilities, and land-and-expand motion position it well to capture a larger share of customer spend over time, even if near-term budgets remain constrained.
Founded in 2010 and headquartered in New York City, Datadog, Inc. (NASDAQ:DDOG) provides a SaaS-based observability platform that monitors servers, databases, applications, and cloud services. While macro concerns may continue to influence sentiment in the enterprise software space, Datadog’s accelerating enterprise adoption, record bookings growth, and exposure to long-term cloud and AI trends support the view that the company remains a high-quality growth stock with attractive upside as spending conditions normalize.
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