In this article, we take a look at the 10 Best AI Stocks to Buy in June.
In an interview with CNBC on June 2, Goldman Sachs CEO David Solomon affirmed that there is sufficient capital in the market to support initial public offerings by major AI firms such as SpaceX, Anthropic, and OpenAI.
“There’s plenty of liquidity in the system if the world continues to remain as optimistic. We are definitely in a moment where there’s more greed than there is fear,” Solomon was quoted as saying in the interview.
SpaceX is slated to launch its IPO next week on June 12. According to a report by CNN, the company is eyeing to raise $75 billion, which would value it at around $1.77 trillion.
Solomon emphasized that robust equity and debt markets are prompting firms to fundraise while markets are permitting it.
“When capital’s available, if you’re capital consumptive and it’s available, take the capital,” Solomon said.
While acknowledging that the fundraising wave is unprecedented in size, the Goldman Sachs official stressed that record levels of wealth and liquidity across markets support this activity.
Taking these developments into consideration, let’s take a look at the 10 Best AI Stocks to Buy in June.
Our Methodology
To compile our list of the 10 Best AI Stocks to Buy in June, we relied on financial media, ETFs, and screeners to identify AI stocks with significant upside potential. We considered not only pure-play AI stocks but also companies that leverage AI to enhance their businesses. From this pool, we selected the 10 stocks most widely owned by hedge funds, based on Q1 2026 filings from Insider Monkey’s database. These names were then ranked by the number of hedge funds holding positions in them.
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. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
Note: All pricing data is as of market close on June 5, 2026.
10. UiPath (NYSE:PATH)
Potential Upside: 15.66%
Number of Hedge Fund Holders: 40
UiPath (NYSE:PATH) is one of the 10 Best AI Stocks to Buy in June. On June 3, the company announced that its Automation Cloud Commercial UAE region had achieved a certification under the Dubai Electronic Security Center (DESC) Cloud Service Provider (CSP) Security Standard, certifying the UiPath suite of automation and AI services against the highest cybersecurity standards mandated by the Emirate of Dubai.
According to the company, the certification makes it an eligible automation platform for Tier 1 enterprises and government entities across the UAE. This enables the company to deploy agentic automation at scale with the confidence that its data handling, identity management, encryption, and business continuity protocols meet local standards.
On June 1, BMO Capital reduced its price target on UiPath to $13 from $14 while maintaining a Market Perform rating on the stock, according to a report by TheFly. While the company had a good start for its fiscal year 2027, the analyst noted that its Net New Annual Recurring Revenue was modestly below consensus on a constant currency basis. Moreover, the analyst sees that larger AI-driven deals and strength in enterprise cohorts will drive net new ARR growth.
UiPath (NYSE:PATH) is engaged in agentic business orchestration and automation. The company’s solutions integrate automation, orchestration, AI, and testing into governed, scalable workflows.
9. CoreWeave Inc. (NASDAQ:CRWV)
Potential Upside: 39.46%
Number of Hedge Fund Holders: 63
CoreWeave Inc. (NASDAQ:CRWV) is one of the 10 Best AI Stocks to Buy in June. Based on 39 analyst ratings compiled by CNN, 62% assigned a Buy rating to CoreWeave, while 33% assigned a Hold rating. The stock currently has an average price target of $140, a 39.46% upside from the current price of $100.39.
On June 2, TheFly reported that BNP Paribas initiated coverage on CoreWeave, assigning an Outperform rating and a price target of $192. The analyst cited CoreWeave as one of the most “strategically important” firms in the AI infrastructure ecosystem, having established itself as a preferred partner for many leading AI companies due to its “differentiated” software and cloud stack.
On June 1, CoreWeave announced that it had completed the bring-up of NVIDIA Vera Rubin NVL72 on the CoreWeave Cloud, making it the first AI cloud provider to do so. The process also includes the completion of rigorous system-level validation for the entire rack-scale architecture.
CoreWeave Inc. (NASDAQ:CRWV) is an AI cloud computing company that specializes in providing cloud-based graphics processing unit (GPU) infrastructure to AI developers and enterprises.
8. Snowflake Inc. (NYSE:SNOW)
Potential Upside:24.23%
Number of Hedge Fund Holders: 80
Snowflake Inc. (NYSE:SNOW) is one of the 10 Best AI Stocks to Buy in June. On June 5, TheFly reported that Truist increased its price target on Snowflake to $300 from $275 while maintaining a Buy rating on the shares, following the company’s Investor Day presentation on June 2.
The analyst noted that Snowflake’s Cortex Code (CoCo) tools are accelerating workload creation, migrations, and platform expansion, based on customer and partner feedback.
Similarly, on June 4, Barclays analyst Raimo Lenschow also increased the price target on Snowflake to $285 from $272 while maintaining an Equal Weight rating on the stock, according to a report by TheFly. The analyst highlighted that the firm’s investor day had a positive impact on the stock, noting that the company’s faster product velocity is clear. Lenschow also highlighted that Snowflake’s CoCo is driving a multi-pronged, positive effect on usage that is still early.
Based on 53 analyst ratings compiled by CNN, 87% assigned a Buy rating to Snowflake, while 11% assigned a Hold rating. The stock has an average price target of $296, a 24.23% upside from the current price of $238.26.
Snowflake Inc. (NYSE:SNOW) provides cloud data warehousing software to enterprise clients. The company’s AI Data Cloud platform allows clients to build, use, and share data, applications, and AI.
7. Applied Materials, Inc. (NASDAQ:AMAT)
Potential Upside: 15.89%
Number of Hedge Fund Holders: 138
Applied Materials, Inc. (NASDAQ:AMAT) is one of the 10 Best AI Stocks to Buy in June. On June 3, Nikkei Asia reported that Applied Materials is targeting a 25% expansion of its Southeast Asia workforce this year, noting the region’s increasingly vital role in its manufacturing and research and development operations.
The company is seeking to hire around 1,000 additional workers in the region, mainly from Singapore, according to Applied Materials Corporate Vice President and President for Southeast Asia Brian Tan. He added that the company had nearly 4,000 employees in the region as of the end of 2025.
On May 27, TheFly reported that Mizuho analyst Vijay Rakesh increased the price target on Applied Materials to $540 from $500 while maintaining an Outperform rating on the stock as the analyst raised its wafer fab equipment spending estimate for 2026 to $153 billion from $142 billion and to $190 billion from $163 billion for 2027. Earlier on May 19, Argus analyst Jim Kelleher also increased its price target on Applied Materials to $500 from $420 while maintaining a Buy rating following the company’s second quarter earnings report, noting that the firm is well-positioned for long-term growth based on cyclical, demographic, and secular factors.
Applied Materials, Inc. (NASDAQ:AMAT) offers materials engineering solutions for new semiconductor and advanced display applications. It also provides technologies essential for advancing AI and accelerating the commercialization of next-generation chips.
6. Broadcom Inc. (NASDAQ:AVGO)
Potential Upside: 34.16%
Number of Hedge Fund Holders: 173
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best AI Stocks to Buy in June. On June 5, TheFly reported that the Erste Group upgraded its rating on Broadcom to Buy from Hold, noting that the company is growing much faster than its sectoral peers.
The analyst expressed optimism for the stock, emphasizing that it should continue its upward trend as it benefits from above-average prospects. Meanwhile, DA Davidson increased its price target on Broadcom to $400 from $375 while maintaining a Neutral rating on the stock earlier on June 4.
On June 3, Broadcom reported a 48% increase in its consolidated revenue for the second quarter of its fiscal year 2026 to $22.2 billion. The company also announced that adjusted EBITDA increased 52% year-over-year to $15.2 billion, representing 69% of revenue. The firm attributed the growth to a 143% increase in AI semiconductor revenue at $10.8 billion, mainly driven by increasing demand for custom AI accelerators and AI networking.
For the next quarter, the company is targeting 84% consolidated revenue growth to $29.4 billion, with non-GAAP operating margin stable at 67%, reflecting the company’s strong operating leverage.
Broadcom Inc. (NASDAQ:AVGO) is a technology leader that designs, develops, and supplies semiconductors and infrastructure software for global organizations’ complex, mission-critical needs.
5. Meta Platforms, Inc. (NASDAQ:META)
Potential Upside:38.05%
Number of Hedge Fund Holders: 262
Meta Platforms, Inc. (NASDAQ:META) is one of the 10 Best AI Stocks to Buy in June. On June 6, TheFly reported that Meta is in discussion with data center developer CleanSpark (CLSK) to secure space in the latter’s data center facility.
Photo by Jakob Owens on Unsplash
According to Green Street News Infrastructure, Meta is seeking to lease space at CleanSpark’s Sandersville, Georgie facility, which has a capacity of roughly 250 Megawatts.
Earlier on June 3, Meta launched its expanded Meta Business Agent, which now caters to businesses of all sizes around the world. The company said the Meta Business Agent supports companies in responding to their customers and can also deliver a morning briefing to catch you up on messages that they missed overnight. The expanded business agent also lets companies respond to customers using their local language and tone to deliver a more personalized experience.
Based on 70 analyst ratings compiled by CNN, 91% assigned a Buy rating to Meta, while 9% assigned a Hold rating. The stock has a median price target of $818.66, a 38.05% upside from the current price of $593.
Meta Platforms, Inc. (NASDAQ:META) is engaged in developing social media applications. It operates several popular social media platforms, including Facebook, WhatsApp, Instagram, and Threads.
4. Alphabet Inc. (NASDAQ:GOOGL)
Potential Upside:16.68%
Number of Hedge Fund Holders: 265
Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 Best AI Stocks to Buy in June. On June 3, the company said its Gemini app engagement doubled to over 900 million monthly active users as of May, compared to the same period last year, according to a report by Investing.com
The company said paid subscriptions grew to 350 million users, while AI Overviews now serve more than 2.5 billion users monthly. Across its platforms, Alphabet processes 3.2 quadrillion tokens monthly.
Given the growing number of users of the Gemini app, the technology firm announced an $84.75 billion capital raise to fund artificial intelligence infrastructure expansion.
Out of 72 analyst ratings compiled by CNN, 86% rated Alphabet Buy, while 14% assigned it Hold. The stock has an average price target of $430, a 16.68% upside from the current price of $368.53.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that engages in software, health care, transportation, and other technologies. It owns several notable platforms, including Google Search, Google Maps, Gmail, and YouTube. The company is also known for pioneering work and research in cloud computing, quantum computing, and artificial intelligence.
3. NVIDIA Corp. (NASDAQ:NVDA)
Potential Upside:46.27%
Number of Hedge Fund Holders: 275
NVIDIA Corp. (NASDAQ:NVDA) is one of the 10 Best AI Stocks to Buy in June. On June 5, DA Davidson’s head of technology research, Gil Luria, said Nvidia’s profit margins are relatively safe through 2030 due to the limited chip alternatives for hyperscalers in the market, according to a report by Bloomberg.
The analyst highlighted the reliance of hyperscalers on Nvidia’s chips, noting that they don’t have many options when it comes to chips powering data centers for artificial intelligence. He added:
“They are still by and large relying on Nvidia chips, almost entirely. That makes Nvidia’s gross margins around mid-70s, relatively safe.”
For the quarter of fiscal year 2027, Nvidia reported GAAP and non-GAAP gross margins of 74.9% and 75.0%, respectively. Revenue for the quarter soared 85% from a year ago to $81.6 billion.
Based on 68 analyst ratings compiled by CNN, 94% marked Nvidia Buy while 4% assigned a Hold rating. The stock has a median price target of $300, a 46.27% upside from the current price of $205.10.
NVIDIA Corp. (NASDAQ:NVDA) designs and manufactures graphics processing units (GPUs), system-on-a-chip units (SoCs), and AI hardware and software. Its GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide.
2. Microsoft Corporation (NASDAQ:MSFT)
Potential Upside:32
Number of Hedge Fund Holders: 282
Microsoft Corporation (NASDAQ:MSFT) is one of the 10 Best AI Stocks to Buy in June. On June 7, Investing.com reported that UBS maintained Buy ratings on three major cloud providers, including Microsoft, driven by their revenue growth.
The analyst noted that the combined cloud revenues of Microsoft, Amazon, and Oracle totaled $84.8 billion in the first quarter of 2026, a 39% increase from a year ago, driven by unprecedented demand for artificial intelligence-related computing capacity.
From among these companies, Microsoft delivered encouraging news last week. On June 2, the company unveiled its newest topological quantum chip, Majorana 2, which features a next-generation materials stack. The company said the new chip also features qubits that are 1,000 times more reliable than their predecessors. With the new chip, Microsoft said it now expects to achieve a scalable quantum computer by 2029.
Based on 62 analyst ratings compiled by CNN, 95% assigned a Buy rating on Microsoft, while 5% rated it Hold. The stock has an average price target of $550, a 32% upside from the current price of $416.67.
Microsoft Corporation (NASDAQ:MSFT) is a technology company that creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of customers.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Potential Upside:30.07%
Number of Hedge Fund Holders: 353
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Best AI Stocks to Buy in June. On June 6, Investing.com reported that BofA Securities reiterated its $310 price target and Buy rating on Amazon, driven by developments in the company’s Leo satellite internet project.
The analyst noted that Amazon is approaching an operational tipping point in the satellite project as deployment accelerates and commercial services near launch, highlighting that the firm has increased its launch cadence in the second quarter, with currently over 300 satellites in orbit.
Earlier on June 5, Amazon said Leo Europe 3 (LE-03) is slated to launch on June 17 from Europe’s Spaceport in Kourou, French Guiana. It added that the mission marks 100 satellites launched by Arianespace, noting that three missions were completed in less than five months.
Based on 71 analyst ratings compiled by CNN, 96% assigned a Buy rating to Amazon, while 4% assigned a Hold rating. The stock has a median price target of $320, a 30.07% upside from the current price of $246.03.
Amazon.com, Inc. (NASDAQ:AMZN) is a global technology company operating through multiple interconnected business units. While well-known as an online retailer, it is also a major player in cloud computing, digital streaming, and artificial intelligence.
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