In this article, we will list the 5 Fastest Growing Edge Computing Stocks to Buy Now. Please visit 10 Fastest Growing Edge Computing Stocks to Buy Now if you would like to see the extended list and the methodology behind it.
5. Nebius Group N.V. (NASDAQ:NBIS)
On March 18, 2026, Nebius Group N.V. (NASDAQ:NBIS) was reported to be planning a convertible debt raise of approximately $3.75B to fund data center expansion and the purchase of customized chips. The offering is expected to be split into two tranches, with $2B due in 2031 and $1.75B due in 2033. The planned raise follows a newly announced commercial agreement with Meta, with proceeds aimed at scaling infrastructure to support growing AI demand.
On March 17, 2026, DA Davidson raised its price target on Nebius to $200 from $150 and maintained a Buy rating, citing a newly signed long-term contract with Meta valued at roughly $27B, in addition to a prior $3B deal. The firm said the agreement reinforces Nebius’s position as a leading neocloud provider alongside peers like CoreWeave and pointed to the potential for another major hyperscaler customer in the near term.
On March 16, 2026, BWS Financial also raised its price target on Nebius to $200 from $130 and reiterated a Buy rating. The firm highlighted that the latest Meta contract—expected to begin in early 2027—carries a base value of $12B with the potential to expand to $15B, positioning the company for continued growth into 2027.
Nebius Group N.V. (NASDAQ:NBIS) builds full-stack infrastructure for AI, including large-scale GPU clusters, cloud platforms, and developer tools.
4. Aeva Technologies, Inc. (NASDAQ:AEVA)
On March 17, 2026, Aeva Technologies, Inc. (NASDAQ:AEVA) announced the launch of Aeva CityOS, an AI-powered Intelligent Transportation Systems platform built on Nvidia’s AGX Orin. The company said the platform is designed to digitize intersections and roadways, enabling real-time traffic intelligence to improve safety, efficiency, and urban planning through data-driven insights.
Last month, Aeva Technologies, Inc. (NASDAQ:AEVA) reported Q4 adjusted EPS of (40c), ahead of the (44c) consensus estimate. Revenue came in at $5.6M versus the $3.6M consensus. CEO Soroush Salehian described 2025 as a “landmark year,” citing growing demand for the company’s perception platform across multiple applications. He highlighted the company’s first series production award with a top 10 passenger OEM, a new development program with a top 5 OEM, and an initial defense win with Forterra for autonomous ground vehicles, adding that momentum is expected to continue into 2026.
Aeva Technologies, Inc. (NASDAQ:AEVA) expects FY26 revenue of $30M–$36M, above the $28.34M consensus estimate.
Aeva Technologies, Inc. (NASDAQ:AEVA) develops LiDAR sensing systems and perception software for autonomous and intelligent systems.
3. Marvell Technology, Inc. (NASDAQ:MRVL)
On March 12, 2026, Stifel analyst Tore Svanberg highlighted Marvell Technology, Inc. (NASDAQ:MRVL) following its collaboration with Mojo Vision to support the commercialization of micro-LED optical interconnects. The partnership builds on Marvell’s participation in Mojo Vision’s $75M Series B Prime funding round in September 2025 and includes joint development of next-generation interconnect technologies across multiple hardware cycles. Stifel noted the technology has been in development for over a year and is expected to support a range of networking architectures, with initial focus likely on scale-up applications, while also pointing to potential synergies with Marvell’s Celestial AI acquisition and silicon photonics roadmap. The firm maintains a Buy rating on the shares.
On March 12, 2026, Marvell and Mojo Vision formally announced the long-term collaboration aimed at developing a new class of optical interconnect solutions to support AI-driven data center infrastructure.
On March 6, 2026, Craig-Hallum analyst Christian Schwab raised the price target on Marvell to $164 from $141 and maintained a Buy rating following strong Q4 results and an increased multi-year outlook. The firm said data center revenue is now expected to grow 40% year over year in FY27 and 50% in FY28, driven by strength across interconnect, custom compute, and switching.
Marvell Technology, Inc. (NASDAQ:MRVL) provides semiconductor solutions focused on data infrastructure across cloud, networking, and edge applications.
2. PTC Inc. (NASDAQ:PTC)
On March 18, 2026, Rosenblatt lowered the price target on PTC Inc. (NASDAQ:PTC) to $190 from $220 and maintained a Buy rating following the company’s completed sale of its Kepware and ThingWorx businesses to TPG. The firm said the adjustment reflects updated estimates for FY26–27 after the divestitures.
On March 17, 2026, Barclays reinstated coverage on PTC with an Overweight rating and a $180 price target after the transaction closed. Barclays noted that underlying growth improved by 0.5 points, while free cash flow is expected to face a $70M headwind in fiscal 2027 due to the earlier closing. On March 16, 2026, PTC updated its FY25 outlook, excluding Kepware and ThingWorx, guiding adjusted EPS to $6.36–$8.84 versus prior guidance of $6.69–$9.15 and consensus of $8.12. The company also expects revenue of $2.540B–$2.805B, compared with prior guidance of $2.675B–$2.940B and consensus of $2.83B.
On March 16, 2026, PTC confirmed it completed the sale of Kepware and ThingWorx to TPG, receiving $523M in cash proceeds, including adjustments of $42M related to working capital and indebtedness. Net after-tax proceeds are expected to be approximately $375M after transaction costs and taxes.
PTC Inc. (NASDAQ:PTC) develops software solutions for product lifecycle management, industrial IoT, and service lifecycle management across global markets.
1. Micron Technology, Inc. (NASDAQ:MU)
On March 19, 2026, Raymond James raised its price target on Micron Technology, Inc. (NASDAQ:MU) to $530 from $310 and maintained an Outperform rating, citing “monster” upside in both results and guidance that met or exceeded even more aggressive buyside expectations.
The same day, Wedbush lifted its price target to $550 from $500 and reiterated an Outperform rating, noting that Micron delivered results well ahead of prior forecasts and issued Q3 guidance significantly above consensus. Cantor Fitzgerald also raised its price target to $700 from $450 and kept an Overweight rating, highlighting a “blowout” performance with May quarter EPS guided to $19.15 versus the $12.03 consensus, driven by strong DRAM and NAND pricing, with AI now accounting for roughly 50% of total DRAM demand and continued tight supply supporting margins.
On March 18, 2026, Micron reported Q2 EPS of $12.20, well above the $8.65 consensus estimate, on revenue of $23.86B versus $19.2B expected. CEO Sanjay Mehrotra said the company set records across revenue, margins, EPS, and free cash flow, driven by strong demand and tight industry supply, adding that memory has become a “strategic asset” in the AI era. The company also approved a 30% increase in its quarterly dividend.
Micron expects Q3 EPS of $18.75 to $19.55, significantly above the $10.57 consensus estimate.
Micron Technology, Inc. (NASDAQ:MU) designs and manufactures memory and storage solutions used across data centers, AI systems, and consumer devices.
While we acknowledge the potential of MU 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 MU and that has 100x upside potential, check out our report about the cheapest AI stock.
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