In this article, we will look at the 13 Most Promising Future Stocks to Buy Now.
On February 6, Josh Belton, Gabelli Funds portfolio manager for growth equities, appeared on CNBC’s ‘Squawk Box’ to talk about the latest market trends, his perspective on where AI is generating revenue in today’s market, and the effects of AI on software. He stated that the market has an “interesting irony” at present, with fears regarding AI being a bubble and AI investments not generating returns looming. At the same time, AI is clearly generating returns in certain areas today, including digital advertising, digital commerce, and cloud computing, with agentic software also becoming a strong contender. According to him, we can’t have it both ways: AI is either a bubble or it is eating software and other industries.
He added that, case by case, there are certainly examples of stocks that got way overextended on a valuation basis and have been coming back down to earth, even before last month. According to Belton, we have been in a couple of months of market rotation out of winners into laggards.
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Talking about how one can figure out which stocks have been overextended and which actually earned it and are going to continue growing, he was of the opinion that a lot of the software companies were probably overvalued overall if we rewind 6, 12, and especially 18 months ago, with the hindsight being 2020. This was relative to fundamentals that were starting to decelerate and the disruption risk that was starting to percolate.
On the flip side, a lot of the large tech platforms, the ones that are benefiting from AI and see less obvious AI disruption risks, are trading at pretty reasonable valuation multiples today. Belton, however, added that valuation is not an investment thesis in and of itself, so these multiples can always de-rate further or start to rerate. While that is always hard to call, he feels “pretty comfortable” with where the large tech companies are trading currently.
With these trends in view, let’s look at the most promising future stocks to buy now.
Our Methodology
We sifted through financial media reports and next generation technology ETFs to find the best future stocks with high upside potential. We then chose the top 13 with the highest number of hedge fund holders, as of Q3 2025, sourcing the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund holders.
Note: All data was recorded on February 6.
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 Most Promising Future Stocks to Buy Now
13. BioMarin Pharmaceutical Inc. (NASDAQ:BMRN)
Number of Hedge Fund Holders: 54
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) is one of the most promising future stocks to buy now. Piper Sandler revised the price target on BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) to $84 from $122 on February 6 and maintained an Overweight rating on the shares.
In another development, Barclays assumed coverage of BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) with an Overweight rating and an $80 price target on January 27. The firm initiated coverage of 12 biotech stocks, assuming coverage of 11 with an optimistic outlook for the industry. Barclays stated that it likes the setup for the group in 2026, and anticipates “significant tailwinds” in the year, such as continued mergers and acquisitions, a reduced focus on drug pricing, and “strong” underlying fundamentals.
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) also received a rating update from Canaccord Genuity on January 20, with the firm upgrading it to Buy from Hold and adjusting the price target from $98 to $84. Canaccord believes the pending acquisition of Amicus to be the key catalyst that breaks BioMarin Pharmaceutical Inc.’s (NASDAQ:BMRN) shares out of the recent trading range, expecting that positive pipeline and commercial updates “could more meaningfully and durably shift sentiment” once the deal closes. This may help close the company’s “valuation gap”, according to the firm.
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) develops and commercializes therapies for serious and life-threatening medical conditions and rare diseases. The company’s product pipeline includes Valoctocogene roxaparvovec, Vosoritide, and BMN 307. It pursues bold science to translate genetic discoveries into new medicines, advancing the future of human health.
12. Okta, Inc. (NASDAQ:OKTA)
Number of Hedge Fund Holders: 55
Okta, Inc. (NASDAQ:OKTA) is one of the most promising future stocks to buy now. On February 5, Okta, Inc. (NASDAQ:OKTA) announced an expanded relationship with the PGA of America, enabling the latter to secure its network of golf professionals, employees, and fans. The PGA of America is one of the largest sports organizations across the globe, with over 30,000 PGA of America golf professionals nationwide. Management reported that both organizations will explore innovative ways to deliver and secure an AI-powered digital experience, building upon their existing technology relationship.
Okta, Inc. (NASDAQ:OKTA) further stated that it delivers the resilience and scalability essential to support the PGA of America Members at every digital touchpoint. The expanded relationship combines this with advanced protections against AI risks, allowing the PGA of America to offer seamless and secure access while bringing manual IT and development efforts down.
Shannon Duffy, Chief Marketing Officer at Okta, Inc. (NASDAQ:OKTA), stated that Okta, Inc. (NASDAQ:OKTA) secures AI, and thus the expanded relationship would allow the PGA to safely deploy next-generation AI experiences, strengthening engagement across the game while protecting its members. Duffy added:
“With Okta Platform as the unified identity layer and Auth0 Platform to defend the login against emerging risks, we help ensure that every AI agent interaction remains verified and grounded in trust”.
Okta, Inc. (NASDAQ:OKTA) provides an identity management platform for enterprises, operating through the International and United States geographical segments. The company secures the identity of every AI agent across its full lifecycle, irrespective of the task and environment. Its products include multi-factor authentication, single sign-on, API access management, access gateway, authentication, lifecycle management, and more.
11. Hubspot, Inc. (NYSE:HUBS)
Number of Hedge Fund Holders: 63
Hubspot, Inc. (NYSE:HUBS) is one of the most promising future stocks to buy now. Citi adjusted the price target on Hubspot, Inc. (NYSE:HUBS) to $600 from $660 on February 4, maintaining a Buy rating on the shares. Hubspot, Inc. (NYSE:HUBS) also received a rating update from Piper Sandler on February 2, who revised the price target on the stock to $400 from $590 while keeping an Overweight rating on the shares, following a transfer of coverage.
The firm told investors that “seat-compression and vibe coding narratives could set a ceiling on multiples”, and downgraded three names while cutting price targets across the platforms and apps group. It stated that it did not make a call on the Q4 reports, and instead has mixed views on the software space despite share declines in the past 12 months. Piper expects continued “pessimism” around software, and recommended that investors should focus on the hyperscaler, consumption, and vertical sub-sectors. It cited Microsoft and ServiceTitan as its top picks.
HubSpot (NYSE:HUBS) is an American developer and marketer of software products for inbound marketing, customer service, and sales. Its unified platform offers prime connection for customer-facing teams, and includes artificial intelligence-powered engagement hubs, a connected ecosystem with more than 1,500 app marketplace integrations, a smart customer relationship management product (CRM), a community network, and educational content.
10. Workday, Inc. (NASDAQ:WDAY)
Number of Hedge Fund Holders: 64
Workday, Inc. (NASDAQ:WDAY) is one of the most promising future stocks to buy now. Evercore ISI maintained a Buy rating on Workday, Inc. (NASDAQ:WDAY) on February 5, setting a price target of $300. In a separate development, Workday, Inc. (NASDAQ:WDAY) announced the Military Skills Mapper, a new feature in Workday Recruiting, on February 3, which is specialized to support organizations in identifying and hiring military veterans more effectively. The Military Skills Mapper translates a veteran’s military background into civilian-equivalent skills, allowing employers to gain a better understanding of the technical expertise, leadership, and operational discipline brought by service members to the workforce.
Workday, Inc. (NASDAQ:WDAY) also received a rating update from Piper Sandler on February 2, which adjusted the price target on the stock to $200 from $235 while keeping a Neutral rating on the shares. The firm told investors that it expects continued “pessimism” around software, and recommends a focus on the hyperscaler, consumption, and vertical sub-sectors. It added that “seat-compression and vibe coding narratives could set a ceiling on multiples”, and cut price targets across the platforms and apps group.
Workday, Inc. (NASDAQ:WDAY) is involved in the development of enterprise cloud applications for finance and human resources. The company delivers human capital management, financial management, and analytics applications designed for educational institutions, companies, and government agencies.
9. Snowflake Inc. (NYSE:SNOW)
Number of Hedge Fund Holders: 102
Snowflake Inc. (NYSE:SNOW) is one of the most promising future stocks to buy now. Bank of America Securities maintained a Buy rating on Snowflake Inc. (NYSE:SNOW) on February 6, setting a price target of $275. Rosenblatt Securities also reaffirmed a Buy rating on Snowflake Inc. (NYSE:SNOW) on February 3.
In a separate development, Snowflake Inc. (NYSE:SNOW) announced on February 4 that United Rentals rolled out a new AI agent built on Snowflake Intelligence to operational teams working across 1,600+ branches. Management reported that the Business Intelligence Agent allows sales leaders, regional teams, and branch managers to ask questions of their company data in simple language, drill down, and get actionable information promptly. The deployment eases interaction with company data across financial and operational functions by allowing employees a more flexible and conversational mode of interaction. Employees can thus employ the Agent to analyze financial and operational data and get real-time insights through natural-language queries.
Snowflake Inc. (NYSE:SNOW) further reported that United Rentals is leveraging Snowflake Cortex Code to expedite the testing, development, and iteration of additional AI agents, built on the same underlying controls and data. United Rentals is therefore accelerating AI innovation across the business, supported by Snowflake Inc. (NYSE:SNOW) as its secure, governed data foundation.
Snowflake Inc. (NYSE:SNOW) provides cloud data warehousing software, and offers Data Cloud, an ecosystem that allows customers, data providers, partners, and data consumers to break down data silos and derive value from data. The company’s platform supports a range of use cases, including data lakes, data warehousing, data engineering, data application development, data science, and data sharing.
8. ServiceNow, Inc. (NYSE:NOW)
Number of Hedge Fund Holders: 104
ServiceNow, Inc. (NYSE:NOW) is one of the most promising future stocks to buy now. On February 5, Truist revised the price target on ServiceNow, Inc. (NYSE:NOW) to $175 from $240 and maintained a Buy rating on the shares, releasing the rating update as part of a broader research note on the Infrastructure Software names. It told investors that the sector pullback is primarily being driven by concerns associated with terminal value instead of near-term fundamentals, and this makes AI narratives highly critical.
It added that the vendors with predominantly seat-based models performed the worst in the firm’s coverage in 2025, and have continued to underperform the group through the beginning of the new year. Truist thus “sees traction” for AI use cases, along with a business shift away from seat-based deployments as strategic imperatives for these companies.
In another development, Goldman Sachs added ServiceNow, Inc. (NYSE:NOW) to its US Conviction List on February 2, maintaining a Buy rating on the stock with a $216 price target. The update came as part of the firm’s monthly update, stating that ServiceNow, Inc. (NYSE:NOW) holds the potential to sustain 20% organic growth annually through 2029, given its “still-robust” expansion opportunities in new domains.
ServiceNow, Inc. (NYSE:NOW) offers an AI platform for business transformation, boosting productivity and maximizing business outcomes. Its intelligent platform, Now Platform, provides end-to-end workflow automation for digital businesses. Now Platform functions as a cloud-based solution embedded with AI and ML.
7. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 115
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the most promising future stocks to buy now. Advanced Micro Devices, Inc. (NASDAQ:AMD) received rating updates from UBS and Truist on February 4. UBS revised the price target on the stock to $310 from $330, maintaining a Buy rating on the shares and telling investors that Advanced Micro Devices, Inc. (NASDAQ:AMD) managed to outperform peers like Broadcom and Nvidia this year. These positive trends were supported by expectations of server strength.
However, the firm stated that the near-term EPS upside is limited because of a $1 billion gaming business cut. Despite that, CPU and GPU fundamentals remain positive, and a clear path to over $11 EPS in 2027 and more than $15 in 2028 appears visible. UBS thus believes that Advanced Micro Devices, Inc. (NASDAQ:AMD) could benefit from significant operating and EPS leverage in the latter part of the decade.
Truist also revised the price target on Advanced Micro Devices, Inc. (NASDAQ:AMD), lifting it to $283 from $277 while keeping a Buy rating on the stock and recommending that investors buy the weakness as the company’s “long-term growth message overwhelms the imperfections in Q4”.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company focused on high-performance computing, visualization technologies, and graphics. The company’s technologies advance the future of the data center, embedded, gaming, and PC markets.
6. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 119
Salesforce, Inc. (NYSE:CRM) is one of the most promising future stocks to buy now. Stifel Nicolaus reaffirmed a Buy rating on Salesforce, Inc. (NYSE:CRM) on February 5, setting a price target of $300.
Salesforce, Inc. (NYSE:CRM) also received a rating update from Piper Sandler on February 2, which adjusted the price target to $280 from $315 and maintained an Overweight rating on the shares.
The rating update came after a transfer of coverage, with the firm downgrading three names and cutting price targets across the platforms and apps domain. It stated that “seat-compression and vibe coding narratives could set a ceiling on multiples”. The firm did not make a call on the Q4 reports, and instead has mixed views on the software space, even with share declines in the past 12 months.
Piper anticipates continued “pessimism” around software, and recommended that investors should focus on the hyperscaler, consumption, and vertical sub-sectors, with Microsoft and ServiceTitan being its top picks.
Salesforce, Inc. (NYSE:CRM) designs and develops cloud-based enterprise software for customer relationship management. Its solutions encompass customer service and support, sales force automation, digital commerce, marketing automation, collaboration, community management, industry-specific solutions, and salesforce platforms. It also offers training, guidance, support, and advisory services.
5. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders: 122
Oracle Corporation (NYSE:ORCL) is one of the most promising future stocks to buy now. Citizens revised the price target on Oracle Corporation (NYSE:ORCL) to $285 from $342 on February 5 and reaffirmed an Outperform rating. The firm told investors that the stock’s shares have remained under pressure despite its $30 billion debt financing and tightening credit default swap spreads.
This was driven by factors such as uncertainty surrounding OpenAI’s delayed fundraising, technical selling tied to the mandatory convertible, concerns regarding the raise’s coverage being limited to near-term funding needs, and headlines around potential Texas data center reviews. Citizens added that these factors have outweighed the otherwise optimistic signals from Oracle Corporation’s (NYSE:ORCL) positioning in the AI infrastructure and the capital raise.
BMO Capital also revised the price target on Oracle Corporation (NYSE:ORCL) to $205 from $270 on February 4 and maintained an Outperform rating on the shares. It updated its model on the stock after the recent capital raise of debt, common equity, and preferred equity, adding that a positive step for Oracle Corporation (NYSE:ORCL) is that it is obtaining financing and would likely not need any more during 2026.
Oracle Corporation (NYSE:ORCL) provides products and services addressing aspects of corporate IT environments, including applications and infrastructure technologies. The company’s operations are divided into the following business segments: Cloud and License, Hardware, and Services.
4. Uber Technologies, Inc. (NYSE:UBER)
Number of Hedge Fund Holders: 143
Uber Technologies, Inc. (NYSE:UBER) is one of the most promising future stocks to buy now. Citi reaffirmed a Buy rating on Uber Technologies, Inc. (NYSE:UBER) on February 6 and adjusted the price target to $110 from $120. Roth Capital also adjusted the price target on Uber Technologies, Inc. (NYSE:UBER) to $105 from $110 on February 5 and maintained a Buy rating on the shares. The firm stated that the company delivered a beat on earnings, and its underlying metrics and segment results also came in above expectations. Roth is convinced that the Ridesharing total addressable market (TAM) is bigger than Robotaxis, and Robotaxis expand the Ridesharing TAM.
The rating updates came after Uber Technologies, Inc. (NYSE:UBER) released financial results for the quarter and full year ended December 31, 2025, on February 4, 2026, announcing a 22% year-over-year increase in quarterly trips and a 22% year-over-year increase in Gross Bookings. It also reported record quarterly GAAP income from operations of $1.8 billion, while adjusted EBITDA reached $2.5 billion, up 35% year-over-year. In addition, Uber Technologies, Inc. (NYSE:UBER) reported record quarterly operating cash flow of $2.9 billion and free cash flow of $2.8 billion.
Dara Khosrowshahi, CEO, stated that the quarter was “record-breaking” for the company, with over 200 million monthly users completing over 40 million trips every day, making it the company’s largest and most engaged consumer base ever. Uber Technologies, Inc. (NYSE:UBER) entered 2026 with significant cash flow, a rapidly growing topline, and a clear path to become the largest facilitator of AV trips across the globe.
Uber Technologies, Inc. (NYSE:UBER) operates as a technology platform that offers ride services and merchant delivery service providers for food, groceries, meal preparation, and other delivery services. The company’s operations are divided into Delivery, Mobility, and Freight. It is pioneering the introduction of autonomous vehicles to move people and goods more reliably, efficiently, and affordably.
3. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 183
Broadcom Inc. (NASDAQ:AVGO) is one of the most promising future stocks to buy now. Broadcom Inc. (NASDAQ:AVGO) announced on February 3 the industry’s first Wi-Fi 8 access point (AP) and switch solution, purpose-built with a unified architecture for AI-ready enterprise networks. The new enterprise-grade Wi-Fi 8 AP platform builds on Broadcom Inc.’s (NASDAQ:AVGO) first-to-market Wi-Fi 8 radios launched in October 2025, and is powered by the BCM49438, which is a new accelerated processing unit (APU) chip specialized to optimize AI acceleration and wireless networking at the enterprise edge.
Broadcom Inc. (NASDAQ:AVGO) also announced an enterprise-grade switch platform powered by a new Ethernet switch, the Trident X3+ BCM56390, with the company’s industry-leading multi-gigabit PHY and PoE power sourcing equipment chips. Management reported that these platforms build a unified architecture maximizing the efficiency, performance, and security for the Wi-Fi 8 wireless network in the enterprise.
In a separate development, Wolfe Research upgraded Broadcom Inc. (NASDAQ:AVGO) to Outperform from Peer Perform with a $400 price target. The firm supported the positive rating with the expectation of powerful demand drivers in its AI-focused semiconductor business, adding that it can “no longer ignore” the company’s growth and competitiveness in tensor processing units. Wolfe expects a doubling of Broadcom Inc.’s (NASDAQ:AVGO) AI revenue in 2027.
Broadcom Inc. (NASDAQ:AVGO) is a leading multinational technology company specializing in semiconductor and infrastructure software products. Its semiconductor and semiconductor-based solutions serve markets across networking connectivity, broadband, servers and storage systems, wireless device connectivity, and industrial. The company’s infrastructure software solutions serve markets including cybersecurity, private cloud, mainframe software, enterprise software, and Fibre Channel storage area network management.
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 234
NVIDIA Corporation (NASDAQ:NVDA) is one of the most promising future stocks to buy now. Goldman Sachs maintained a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) on February 6 and set a price target of $250.
In a separate development, Reuters reported on February 3 that NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang told CNBC in an interview that the company may consider investing in OpenAI’s next fundraising round and the startup’s eventual IPO, with plans of investment remaining on track after recent reports detailing that the deal had been stalled. NVIDIA Corporation (NASDAQ:NVDA) had previously announced plans to invest up to $100 billion in the startup last September.
“We will invest in the next round,” Huang told CNBC’s Jim Cramer, calling it the “largest private round ever raised in history”. He denied being unhappy with OpenAI, stating that NVIDIA Corporation (NASDAQ:NVDA) plans to make a “huge” investment in the ChatGPT maker, probably its largest ever.
Reuters reported previously that OpenAI is looking to raise up to $100 billion in funding, valuing it at about $830 billion, adding that the two companies did not immediately respond to its requests for comment. However, it stated that OpenAI is not satisfied with some of Nvidia’s latest artificial-intelligence chips, looking for alternatives since last year, and potentially complicating the relationship between the “two highest-profile players” in the AI boom.
NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 312
Microsoft Corporation (NASDAQ:MSFT) is one of the most promising future stocks to buy now. On February 6, Barclays reiterated a Buy rating on Microsoft Corporation (NASDAQ:MSFT) and set a price target of $600.
In another development, Reuters announced on February 5 that Britain will work with Microsoft Corporation (NASDAQ:MSFT), experts, and academics for the development of a system that detects deepfake material online, marking a move to set standards that tackle deceptive and harmful AI-generated content. It added that although the circulation of manipulated material online has been around for decades, the rapid adoption and widespread use of GenAI chatbots have significantly increased both the realism and scale of deepfakes.
The framework would evaluate the use of technology to understand, detect, and assess harmful deepfake materials, irrespective of sources, through a testing of deepfake detection technologies against real-world threats such as fraud, sexual abuse, and impersonation.
Britain recently criminalized the creation of non-consensual intimate images, stating that work is underway on a deepfake detection evaluation framework that sets consistent standards for assessing detection tools and technologies. Technology Minister Liz Kendall said in a statement that:
“Deepfakes are being weaponised by criminals to defraud the public, exploit women and girls, and undermine trust in what we see and hear.”
Microsoft Corporation (NASDAQ:MSFT) develops and supports services, software, devices, and solutions. It operates through the Intelligent Cloud, Productivity and Business Processes, and More Personal Computing segments.
While we acknowledge the potential of MSFT 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 MSFT and that has 100x upside potential, check out our report about this cheapest AI stock.
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