In this article, we discuss the 8 Best NFT Stocks to Invest in According to Analysts.
The markets have not done well lately amid the ongoing geopolitical tensions and economic uncertainties. On March 13, the Dow Jones Industrial Average fell 0.26%, the S&P 500 retreated 0.61%, and the tech-heavy Nasdaq lost 0.93%. All three major indexes recorded a weekly loss of more than 1.2%, marking the third straight week of losses for stocks.
That said, more opportunities may be opening up for investors. This includes AI-driven rebound of the non-fungible token (NFT) market. Back in April 2025, Bloomberg reported on how a startup called Courtyard was winning with a new take on NFTs. Courtyard builds NFTs linked to physical collectibles, initially focusing on Pokemon and sports trading cards but looking to other areas of collectibles such as comic books.
Courtyard’s model is about bringing the NFT concept to real-world applications. AI is expected to enhance the utility of NFTs, shifting the market from speculative bets to real-life applications. At its peak, the NFT market was worth more than $50 billion, and the industry attracted a broad range of participants. While some focused on providing the NFT infrastructure, others weaved NFTs into their marketing strategy. Nike, McDonald’s, and Coca-Cola are some of the big brands that seized on the NFT boom to advance their corporate interests.
While the NFT scene has cooled off from its 2021-2023 boom and many participants have exited the space, some companies still maintain exposure to NFTs.
Let’s take a look at the 8 best NFT stocks to invest in according to analysts.
Our Methodology
For our list of the 8 best NFT stocks to invest in according to analysts, we used financial media reports and stock screeners to identify companies that are directly or indirectly involved in NFT-related work. Next, we narrowed our list to stocks with an average price upside potential of at least 10%. We also checked the Insider Monkey database to identify stocks that are favored by hedge funds. Finally, the stocks are ranked in ascending order based on price upside potential as of March 15.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Best NFT Stocks to Invest in According to Analysts
8. Cloudflare Inc (NYSE:NET)
Number of Hedge Fund Holders: 70
Stock’s Upside Potential: 11.72%
Cloudflare Inc (NYSE:NET) is among the best NFT stocks to invest in according to analysts. Its exposure to the NFT industry comes from providing the infrastructure that underpins NFT projects and marketplaces.
According to equity research firm Bernstein, Cloudflare Inc (NYSE:NET) stands to benefit from Anthropic’s pivots to collaboration. Anthropic is an AI research company focused on building reliable and interoperable AI systems. It’s the developer of Claude AI.
In its March 7 report, Bernstein noted that Anthropic wanted to partner with incumbent SaaS providers rather than disrupt them. The firm believes this strategy pivot will drive modernization spending, which it says will reward infrastructure software providers such as Cloudflare. According to Bernstein, enterprises will need to upgrade their legacy mainframe systems in order to participate in AI productivity workflows.
In other news, Cloudflare Inc CFO Thomas Seifert participated in the Morgan Stanley Technology, Media, and Telecom Conference 2026 on March 3. At that conference, Seifert discussed Cloudflare’s strategic focus on AI as well as monetization opportunities.
Among other things, the conference heard that AI traffic is doubling weekly and that AI is expected to be a major growth driver. As a result, Cloudflare is looking at monetization opportunities in the “agentic web,” including microtransactions between AI agents.
Moreover, Seifert used the conference to highlight Cloudflare’s strong 2025 performance, saying that the year saw the company sign its largest-ever contract. The executive also spoke about the company’s expansive network as a competitive edge.
San Francisco, California-headquartered Cloudflare Inc (NYSE:NET) provides a broad array of internet services. These services include content delivery network, cloud cybersecurity, and ICANN-accredited domain registration. In this position, Cloudflare provides the infrastructure that hosts and secures NFT data, ensuring a fast and reliable marketplace experience for users.
7. eBay Inc (NASDAQ:EBAY)
Number of Hedge Fund Holders: 59
Stock’s Upside Potential: 11.72
eBay Inc (NASDAQ:EBAY) is among the best NFT stocks to invest in according to analysts. The company operates a marketplace for art NFTs. eBay got a big NFT exposure following its purchase of NFT marketplace KnownOrigin in 2022.
On March 9, Citizens reiterated a Market Outperform rating on eBay Inc (NASDAQ:EBAY) stock with a price target of $115. The firm cited eBay’s disciplined cost controls approach for its renewed bullish view on the stock.
Citizens notes that the eBay management has adopted a self-fund growth investments strategy. This can particularly be seen in the company’s approach to marketing, AI, and product innovation. The firm hailed eBay’s ability to balance growth investments and profitability. It notes that with this strategy, eBay has achieved the highest margins in the e-commerce space. The company’s gross margin in the past 12 months topped 71%.
Citizens also cited eBay’s generous capital return targets of up to 100% of normalized FCF. Last month, eBay’s board approved an additional $2 billion for share repurchases. In 2025, eBay returned $3 billion to investors through a combination of dividends and share buybacks.
In other news, eBay announced on February 18 that it was acquiring Depop from Etsy for $1.2 billion. Depop is a consumer-to-consumer fashion marketplace that is popular with Gen Z and Millennial users. It expects the transaction to close in Q2 2026.
Based in California, eBay Inc (NASDAQ:EBAY) operates a global online marketplace where individuals and businesses can buy and sell a broad variety of items, including digital collectibles like NFTs.
6. Shopify Inc (NASDAQ:SHOP)
Number of Hedge Fund Holders: 98
Stock’s Upside Potential: 26.72%
Shopify Inc (NASDAQ:SHOP) is among the best NFT stocks to invest in according to analysts. The company’s e-commerce platform allows creators to mint and sell NFTs like regular digital items. The company’s payment solutions allow NFT trades without the need for crypto wallets.
On March 12, Piper Sandler initiated coverage of Shopify Inc (NASDAQ:SHOP) with an Overweight rating and a price target of $165. The firm believes that Shopify is well-positioned to benefit from the continued growth of the global e-commerce market.
According to Piper, Shopify’s revenue growth could outpace expectations. While Wall Street is projecting Shopify revenue growth of 24% in 2027, Piper believes the growth could be stronger at 28%. The firm notes that the money that Shopify has been making from its new merchants in the first year has been increasing rapidly. As an example, it said Shopify’s revenue from first-year merchants soared from about $370 million in 2022 to $980 million in 2024.
Piper also highlighted Shopify’s large international growth opportunity, noting that some financial services have been rolled out in only a limited number of countries. Additionally, the firm sees more room for Shopify to grow its base of large merchants.
When Shopify reported its Q4 2025 results last month, the management highlighted a strong finish to 2025 and an even more promising 2026.
“2025 was Shopify at full throttle – driving compounding growth, while laying the rails for the new era of AI commerce…2026 will be the year of the builders, and we’ll be powering them – from first sale to full scale,” remarked Harley Finkelstein, Shopify’s president.
Shopify’s revenue rose 31% in Q4, and the company achieved a free cash flow margin of 19%. Shopify finished the year with $1.55 billion in cash and cash equivalents. The company’s board approved a $2 billion share repurchase program.
Canada-based Shopify Inc. (NASDAQ:SHOP) operates an e-commerce platform where merchants can set up and manage digital stores. On this platform, creators can mint NFTs and sell them like any other digital product. Shopify also offers payment solutions, which allows NFT trades on the platform without the need for a regular crypto wallet.
5. Visa Inc. (NYSE:V)
Number of Hedge Fund Holders: 184
Stock’s Upside Potential: 30.31%
Visa Inc (NYSE:V) is among the best NFT stocks to invest in according to analysts. On March 12, Morgan Stanley shared its views on Visa Inc. (NYSE:V) in relation to the events in the Middle East. According to the equity research firm, Visa has little exposure to Middle East travel, estimating that this segment accounts for only 1% to 2% of the company’s total revenue.
In light of this, Morgan Stanley says Visa can easily offset any slowdown in this segment. In particular, the firm notes that Visa can absorb the impact through cost adjustments given its expense flexibility.
In other news, Visa announced on March 3 an expansion of its collaboration with stablecoin infrastructure platform Bridge. Bridge enables businesses and developers to offer Visa cards backed by stablecoins. With the expanded partnership, the stablecoin card transactions can now be settled onchain with Visa. This has been made possible through Bridge’s partnership with Lead Bank. Additionally, Visa and Bridge are working to make the stablecoin-backed Visa cards available in more than 100 countries, from 18 currently.
Visa Inc. (NYSE:V) is a global payments company with a big focus on electronic funds transfers, mostly through payment cards. Visa is deeply involved in the digital assets space, including NFT trades. The company has made a direct NFT purchase and has arrangements with various crypto platform operators to facilitate card payments and stablecoin settlements.
4. Coinbase Global Inc (NASDAQ:COIN)
Number of Hedge Fund Holders: 64
Stock’s Upside Potential: 30.93%
Coinbase Global Inc (NASDAQ:COIN) is among the best NFT stocks to invest in according to analysts. Coinbase Global Inc (NASDAQ:COIN) recently helped settle insurance premium payments with stablecoins for Aon PLC (AON), according to a March 9 press release. The transaction used stablecoins such as USDC on Ethereum and PayPal USD on Solana. It marked the first time AON used stablecoins to settle premium payments with its major global brokers.
According to Bloomberg Intelligence estimates, Coinbase’s stablecoin revenue could increase sevenfold under the Genius Act. The stablecoin business contributed 19% of Coinbase’s total revenue in 2025.
In other news, Cantor Fitzgerald reiterated an Overweight rating on Coinbase with a price target of $221 on March 6. According to the equity research firm, the efforts to build Coinbase into an Exchange of Everything are accelerating. It cited the addition of functions such as spot trading and futures, options, and prediction markets. Notably, Cantor renewed its bullish outlook for Coinbase after its analysts attended an overview of the company’s derivative business hosted by company executives.
Coinbase Global Inc (NASDAQ:COIN) is an American cryptocurrency exchange operator with more than 100 million users. It’s also the world’s largest bitcoin custodian. Coinbase also operates an NFT marketplace, allowing users to buy, sell, and mint a variety of non-fungible tokens.
3. Microsoft Corp (NASDAQ:MSFT)
Number of Hedge Fund Holders: 312
Stock’s Upside Potential: 46.40%
Microsoft Corp (NASDAQ:MSFT) is among the best NFT stocks to invest in according to analysts. Microsoft Corp (NASDAQ:MSFT) is expanding its computing capacity to meet AI-related demand. According to a Bloomberg report on March 12, Microsoft committed around $50 billion in additional data center leases in its most recent quarter.
Also on March 11, the Information reported that Microsoft was in talks to lease a large data center site in Abilene, Texas. The facility is under development and is expected to be equipped with Nvidia AI chips, according to the report. There’s a section of that facility that Oracle already uses to run workloads for the ChatGPT developer OpenAI.
In other news, Microsoft on March 10 announced a quarterly dividend of $0.91 per share. It plans to pay the dividend on June 11 to shareholders of record on May 21. During the December quarter, the Windows maker returned $12.7 billion to shareholders through a combination of dividends and share repurchases. It exited the quarter with $24.3 billion in cash and cash equivalents.
Microsoft Corp (NASDAQ:MSFT) is a leading global technology company. It develops and markets a wide range of software and hardware products. The company also offers a variety of services, including cloud computing solutions. Microsoft is also involved in the NFT space, including through tech provision and investment in NFT startups such as Palm NFT Studio.
2. Nvidia Corp (NASDAQ:NVDA)
Number of Hedge Fund Holders: 264
Stock’s Upside Potential: 47.08%
Nvidia Corp (NASDAQ:NVDA) is among the best NFT stocks to invest in according to analysts. Nvidia Corp (NASDAQ:NVDA) has teamed up with Palantir to launch a sovereign AI operating system architecture. According to a March 12 press release, this solution is aimed at governments and enterprises with sensitive workflows that require strict measures around data sovereignty, security, and performance. This architecture is based on Nvidia’s Blackwell Ultra systems. According to McKinsey projections, the global sovereign AI market could hit $600 billion by 2030 from $150 billion in 2025.
In other news, Nvidia Corp (NASDAQ:NVDA) on March 11 announced the launch of a robust AI model called Nemotron 3 Super. This model is aimed at those building complex agentic AI systems at scale. According to Nvidia, the Nemotron 3 Super model brings outstanding efficiency and accuracy, and it supports broad applications. The company said that it released the model with open weights under a permissive license. The model can be deployed on workstations, in data centers, or in cloud environments.
Nvidia Corp (NASDAQ:NVDA) designs graphics processing units and specialized AI chips. It also offers software that goes along with its chips. Nvidia solutions have broad applications across data centers, gaming, robotics, and autonomous vehicles. These chips and software are also used to build platforms for developing 3D content that can be sold as NFTs.
1. Dolphin Entertainment Inc (NASDAQ:DLPN)
Number of Hedge Fund Holders: 1
Stock’s Upside Potential: 212.50%
Dolphin Entertainment Inc (NASDAQ:DLPN) is among the best NFT stocks to invest in according to analysts. According to SEC filings, Dolphin Entertainment CEO William O’Dowd purchased 3,100 shares of the company with his own money on March 2. O’Dowd bought those shares at an average price of $1.61 per share, spending $4,991 on the transaction. O’Dowd had made at least three rounds of purchases of Dolphin Entertainment shares since the year began. Last year, he executed more than 35 rounds of purchases. Following the latest transaction, O’Dowd directly owns 444,090 shares of Dolphin Entertainment stock.
In other news, Dolphin Entertainment announced on February 25 that it had expanded its Miami office space to support its growing team across subsidiaries such as The Digital Dept. and The Door. At the same time, the company announced that it had hired Chris Fleming as vice president of sales of its Digital Dept. subsidiary.
“Our expansion in Miami reflects both the strength of our subsidiary agencies and our disciplined approach to investing in growth markets,” commented Dolphin’s CFO, Mirta Negrini.
Dolphin Entertainment Inc (NASDAQ:DLPN) produces television series and films, and its work is primarily aimed at children and young adults. The company is also engaged in public relations and marketing activities. As part of an expansion into digital media, Dolphin Entertainment has been involved in multiple NFT ventures. It launched its own NFT collection called Creature Chronicles on the Solana blockchain, with the project becoming an instant hit. Dolphin Entertainment went on to partner with Hall of Fame Resort & Entertainment Company and crypto exchange operator FTX on NFT projects.
Disclosure: None. Follow Insider Monkey on Google News.
