In this piece we will look at the 5 Best Performing Agentic AI Stocks to Buy. Please visit 7 Best Performing Agentic AI Stocks to Buy if you’d like to see an extended list and how we came up with the list of Best Performing Agentic AI Stocks to Buy.
5. Teradyne, Inc. (NASDAQ:TER)
6-Month Performance: 105.89%
Number of Hedge Fund Holders: 80
Teradyne, Inc. (NASDAQ:TER) is one of our Best Performing Agentic AI Stocks to Buy. The stock has gained more than 105% over the past half year, driven by the company’s addition to the NASDAQ 100 and the surging demand for AI testing.
The analyst sentiment suggests further upside of around 8% over the next 12-months. The Street is projecting robust year-over-year revenue growth of approximately 86% for the next quarter.
Recently, on June 30, Susquehanna raised its price target for Teradyne, Inc. (NASDAQ:TER) from $415 to $550, and maintained a Buy rating on the shares. The firm noted that the increased price target comes after channel checks that point towards an upward revision in SCE backlog, which now extends beyond one year. The firm also sees wafer fab equipment spending climbing as high as $300 billion, well above prior expectations.
Based on these positive industry checks, the firm noted raising its 2026 and 2027 estimates for the company. The firm also noted introducing 2028 projections for the first time, based on an assumed WFE level of $250 billion.
Teradyne Inc. (NASDAQ:TER) designs and manufactures automated test systems and robotics solutions for global semiconductor, industrial, and logistics markets. The company provides critical testing platforms for electronic devices alongside collaborative robotic arms and autonomous mobile robots. The company’s test systems are essential for validating AI chips that power agentic AI models.
4. Nebius Group N.V. (NASDAQ:NBIS)
6-Month Performance: 154.79%
Number of Hedge Fund Holders: 60
Nebius Group N.V. (NASDAQ:NBIS) has gained more than 154% over the past 6-months. The growth has been driven by massive AI infrastructure deals and analysts’ positive projections for continued revenue expansion in the next quarter. Nebius Group N.V. (NASDAQ:NBIS) is also one of our Best Performing Agentic AI Stocks to Buy.
Recently, the stock fell around 12.4% following a Bloomberg report on July 1, which suggests that Meta Platforms is developing a cloud business to sell excess AI computing capacity as tech giants look for returns on heavy AI spending. While the plan is still evolving and could change, the concern for Nebius is twofold. Firstly, Meta is a key customer for the company, and this move could mean Meta relies less on their services going forward. At the same time, Meta entering the cloud market directly adds a new competitor.
Analyst Gil Luria of D.A. Davidson said the impact would likely hit neoclouds harder than major hyperscalers, since companies like Nebius depend heavily on Meta for growth that may no longer be guaranteed. The analyst compared the dynamic to SpaceX, which turned to renting out its own compute capacity after facing a similar shift.
However, the Street remains bullish on Nebius Group N.V. (NASDAQ:NBIS) with analysts’ 12-month price target suggesting more than 22.9% over the next 12-months.
Nebius Group NV (NASDAQ:NBIS) is a technology company that provides infrastructure and services to AI builders worldwide. It offers Nebius AI, an AI-centric cloud platform that provides full-stack infrastructure, including large-scale GPU clusters, cloud services, and developer tools.
3. DigitalOcean Holdings, Inc. (NYSE:DOCN)
6-Month Performance: 195.24%
Number of Hedge Fund Holders: 47
DigitalOcean Holdings, Inc. (NYSE:DOCN) ranks 3rd on our list of Best Performing Agentic AI Stocks to Buy. The stock has gained more than 195% over the past 6-months. The strong momentum is driven by surging AI demand and strong Q1 earnings in May. Wall Street continues to expect more than 37% upside over the next 12 months.
During fiscal Q1 2026, earnings posted on May 5, DigitalOcean Holdings, Inc. (NYSE:DOCN) posted $257.91 million in revenue, up compared to the expected $249.76 million. The EPS of
$0.44 also topped the expectations of $0.26. Notably, during the quarter, the company’s AI-specific ARR surged 221% year-over-year to reach $170 million. In addition, revenue from customers spending over $1 million grew by 179%.
Based on the strong performance, management raised the full-year 2026 revenue outlook to $1.13 billion – $1.145 billion and provided a bold multi-year target forecasting revenue growth to exceed 50% in fiscal 2027.
In a separate news, recently, on June 30, DigitalOcean Holdings, Inc. (NYSE:DOCN) was added to the Russell 1000 index as it moved up from the Russell 2000. The Russell 1000 Index represents approximately the 1,000 largest US companies by market capitalization.
DigitalOcean Holdings, Inc. (NYSE:DOCN) is a cloud infrastructure provider focused on simplifying deployment for developers, startups, and businesses. The company said its platform combines GPU infrastructure and core cloud services to support AI and broader production workloads, and that it serves more than 640,000 customers. The company’s GPU infrastructure allows small and mid-sized companies to build and deploy AI agents without relying on hyperscale cloud platforms.
2. BlackBerry Limited (NYSE:BB)
6-Month Performance: 237.11%
Number of Hedge Fund Holders: 19
BlackBerry Limited (NYSE:BB) is one of the Best Performing Agentic AI Stocks to Buy. The stock has gained more than 237% over the past 6 months. The most recent surge came after the company reported strong fiscal Q1 2027 earnings on June 25.
During the quarter, BlackBerry Limited (NYSE:BB) posted $152.9 million in revenue and topped the expectations of $137.75 million. The EPS of $0.04 also topped the consensus of $0.03. Notably, the core segments hit the Rule of 40 during the quarter as QNX and Secure Communications grew 26% and 24%, respectively. Moreover, the company also achieved a critical financial milestone by generating $4.6 million in operating cash flow, marking its first cash-positive fiscal first quarter in nine years, excluding non-core patent sales.
Following the release on June 26, RBC Capital raised its price target on the stock from $4.5 to $9, while maintaining a Sector Perform rating on the shares. The analyst Paul Treiber noted this was BlackBerry’s largest earnings beat in the past year. The firm sees the results as a turning point, noting that the company is moving into a period of headline growth after a stretch of transformation.
BlackBerry Limited (NYSE:BB) is a Canadian provider of intelligent security software and services to both enterprises and government organizations. Incorporated in 1984, the company operates through three segments: Secure Communications, QNX, and Licensing. The company’s QNX division is a key enabler of agentic AI, it provides operating system foundation that enables using agentic software in autonomous vehicles and robotics.
1. Rackspace Technology, Inc. (NASDAQ:RXT)
6-Month Performance: 569.07%
Number of Hedge Fund Holders: 8
Rackspace Technology, Inc. (NASDAQ:RXT) has gained more than 569% over the past 6 months, mainly driven by strong fiscal Q1 2026 earnings and the company’s partnership with AMD. Rackspace Technology, Inc. (NASDAQ:RXT) also ranks as one of the Best Performing Agentic AI Stocks to Buy Now.
During the quarter, the company posted $678.1 million in revenue and surpassed the estimates of $660.83 million. Management attributed growth to the public cloud segment, which grew 7% year-over-year to $443.4 million and offset a 6% decline in the Private Cloud segment caused by onboarding delays in the healthcare sector.
Recently, on June 17, RBC Capital raised its price target on the stock from $2.5 to $4, while maintaining a Sector Perform rating. The firm highlighted the company’s partnership with AMD as central to its strategy of becoming the governed enterprise AI operator for regulated industries. The firm noted that a 30 MW AMD compute deployment validates this approach.
Moreover, RBC also highlighted a potential for margin expansion, driven by Rackspace’s use of existing infrastructure and power capacity, along with its shift from Bare Metal to Enterprise AI Cloud. The firm noted that deployment is expected to ramp from late 2026 through 2028. Management expressed confidence in financing availability, with initial capex of $50 million to $100 million supporting near-term execution.
Founded in 1998 and headquartered in San Antonio, Rackspace Technology, Inc. (NASDAQ:RXT) is a global provider of multi-cloud, hybrid-cloud, and enterprise AI infrastructure solutions. The company specializes in IT consulting, cloud migration, cybersecurity, and managing enterprise workloads across major cloud and infrastructure platforms. Rackspace’s enterprise AI cloud is built to host and govern AI agents, particularly for regulated enterprises.
While we acknowledge the potential of RXT 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 RXT and that has 100x upside potential, check out our report about the cheapest AI stock.
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