5 Best AI Stocks to Buy in June

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.

1281292 - 11759070 - 1