In this article, we will discuss the 7 Best IPO Tech Stocks to Buy Right Now.
On March 24, Interactive Brokers’ chief strategist Steve Sosnick joined CNBC’s ‘The Exchange’ to discuss where investors were most excited. The market was then down only 5% or less since the start of the year. When asked about market internals, Sosnick explained that there is still an underlying bid and an undercurrent of fear-of-missing-out, as investors remain eager to participate in any potential rally. He attributed this partly to the fact that the oil situation is not as dire as previously feared. Sosnick mentioned that risk managers had long modeled a closure of the Strait of Hormuz, gaming out scenarios with oil at $150 to $200 a barrel and a minimum 10% correction in the S&P 500, neither of which has occurred yet.
As for the psychological dynamic of the market, investors have become convinced that every dip is a buying opportunity and that presidential actions can eventually be undone. Regarding specific market activity, Sosnick noted that while some investors seek new companies, such as a drone AI defense firm that saw an 11x increase in two days, most activity remains focused on aggressive dip buying. He suggested that investors are conditioned to buy the dip because those who did not buy during previous downturns missed out. He referenced the Trump-put, suggesting that the strike price (the level at which the president intervenes to support the market) was recently revealed to be either 6,500 on the S&P 500 or 445 on the 10-year Treasury. Sosnick noted that the president’s recent statements served to establish this floor, particularly because the president, coming from a real estate background, is highly sensitive to borrowing costs.
Our Methodology
We used screeners to identify tech stocks that have gone public in the last 5 years, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Note: All data was sourced on April 1.
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).
7 Best IPO Tech Stocks to Buy Right Now
7. UiPath Inc. (NYSE:PATH)
UiPath Inc. (NYSE:PATH) is one of the best IPO tech stocks to buy right now. On March 25, UiPath announced that Raghu Malpani will take on an expanded leadership role as Chief Product and Technology Officer. In this capacity, Malpani will oversee the company’s product and engineering teams while continuing to report directly to CEO and Executive Chairman Daniel Dines. Malpani originally joined the organization as Chief Technology Officer in May 2024.
Before his tenure at UiPath, Malpani held several high-level positions at Microsoft, where he worked on the Microsoft 365 Application and Data Platform, Copilot semantic index platform, and various Azure cloud offerings. He also previously led the global Decisions Platform team at Meta. His background in building high-performing global teams is expected to help UiPath Inc. tackle complex challenges in enterprise software and drive the development of its core platform.
CEO Daniel Dines noted that Malpani’s builder’s mindset has been instrumental in advancing the company’s focus on orchestration, automation, and AI. Malpani expressed his commitment to creating a platform where agents, robots, and people work together with the reliability and governance that customers expect. This leadership change aims to align the company’s product roadmap with the transformation goals of its clients during a pivotal moment for deterministic automation.
UiPath Inc. is a software infrastructure company that provides a range of robotic process automation/RPA solutions. The company’s primary offering includes its UiPath platform.
6. ServiceTitan Inc. (NASDAQ:TTAN)
ServiceTitan Inc. (NASDAQ:TTAN) is one of the best IPO tech stocks to buy right now. On March 13, ServiceTitan reported financial results for Q4 and the full-year 2025. For 2025, total revenue reached $771.9 million, which was a 26% increase year-over-year, while Q4 revenue rose 29% to $209.3 million. Although the company reported a GAAP net loss of $239.1 million for the year, it achieved a non-GAAP net income of $16.5 million, a notable shift from the previous year’s non-GAAP net loss.
Operationally, the company expanded its customer base to ~9,500 active customers, an 18% increase over the prior year. ServiceTitan also saw its Gross Transaction Volume grow to $68.5 billion for the full year, up 23% year-over-year. Co-founders Ara Mahdessian and Vahe Kuzoyan highlighted the performance of core residential trades and ongoing investments in the roofing and commercial sectors, aiming to establish the platform as the primary operating system for the trades.
For 2026, ServiceTitan Inc. provided a positive financial outlook. For the full year, the company expects total revenue to range between $895 and $905 million, with non-GAAP income from operations projected between $48 and $53 million. This guidance reflects a focus on execution and growth following a transformative year that included the company’s transition into the public market.
ServiceTitan Inc. is a technology company that offers an end-to-end cloud-based software platform to connect and manage business workflows such as advertising, job scheduling, and payment processing.
5. Full Truck Alliance Co. Ltd. (NYSE:YMM)
Full Truck Alliance Co. Ltd. (NYSE:YMM) is one of the best IPO tech stocks to buy right now. On March 13, Full Truck Alliance reported financial results for Q4 and the full-year 2025, showing significant growth despite missing EPS expectations. The company achieved a net income of RMB 4.46 billion for the full year, representing a 42.8% increase year-over-year, while total revenue reached RMB 12.49 billion. This was supported by a 38.2% surge in transaction service revenues.
Additionally, Total fulfilled orders for the year rose to 236 million, a ~20% increase, with cold chain logistics serving as a notable growth driver. The shipper base also saw steady expansion, with average monthly active shippers reaching 3.28 million in Q4. Full Truck Alliance Co. Ltd. maintained high trucker retention rates by optimizing credit rating systems and protection mechanisms.
Looking toward the future, Founder and CEO Hui Zhang emphasized the integration of AI technologies across the logistics value chain. The company’s Giga AI heavy truck fleet has already begun commercial operations in the express delivery and fast freight sectors, and new AI assistant capabilities are being piloted to improve fulfillment efficiency.
Full Truck Alliance Co. Ltd. is a technology company that provides a digital freight platform for shippers and truckers. It also provides technology development and other services.
4. Procore Technologies Inc. (NYSE:PCOR)
Procore Technologies Inc. (NYSE:PCOR) is one of the best IPO tech stocks to buy right now. On March 10, Procore Technologies announced the appointment of Rachel Pyles as Chief Financial Officer and Walt Hearn as Chief Revenue Officer, effective April 1. Pyles, previously the CFO at Ansys Inc., brings over two decades of finance leadership experience to the role, while Hearn, also an Ansys veteran, most recently led worldwide sales and customer excellence.
They will succeed Howard Fu and Larry Stack, respectively, who will move into strategic advisory roles to ensure a smooth leadership transition. CEO Ajei Gopal emphasized that both Pyles and Hearn are transformative leaders with proven track records in the technology industry. The new executives join Procore at a pivotal time as the company focuses on leveraging its AI capabilities and market-leading platform to capture growth within the construction management sector.
Pyles expressed her commitment to driving durable growth and expanding margins, while Hearn highlighted his goal of supporting the success of Procore’s global user base. In conjunction with these leadership changes, Procore Technologies Inc. reaffirmed its financial guidance for the first quarter and the full fiscal year of 2026. This outlook remains consistent with the projections originally shared during the company’s Q4 and 2025 earnings release in February.
Procore Technologies Inc. is a technology company that offers a cloud-based construction management platform that enables collaboration on construction projects.
3. Rubrik Inc. (NYSE:RBRK)
Rubrik Inc. (NYSE:RBRK) is one of the best IPO tech stocks to buy right now. On March 23, Rubrik unveiled the Semantic AI Governance Engine/SAGE, the industry’s first tool designed to provide real-time security and control for autonomous AI agents. By using a custom Small Language Model/SLM, SAGE moves beyond traditional and static rule-based oversight to understand the semantic intent of policies.
This innovation allows enterprises to safely scale their AI workforce through the Rubrik Agent Cloud while maintaining strict guardrails over agent behavior and data integrity. The engine introduces several key features, including the ability to translate natural language instructions into machine logic and an Agent-Rewind function that can instantly undo destructive actions.
Rubrik’s proprietary SLM is designed to outperform generalized LLMs by providing higher accuracy and lower latency. This approach helps Chief Information Security Officers manage the governance bottleneck that often stalls the deployment of enterprise AI. To show the engine’s efficiency, Rubrik Inc. conducted benchmarks comparing its custom SLM to OpenAI’s GPT-5.2. The results indicated that Rubrik’s model processed messages 5x faster and achieved a higher accuracy rate in detecting policy violations.
Rubrik Inc. is a technology company that offers enterprise, unstructured, cloud, and SaaS data protection solutions, as well as identity provider services & cyber recovery solutions.
2. Credo Technology Group Holding Ltd. (NASDAQ:CRDO)
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is one of the best IPO tech stocks to buy right now. On March 17, Credo Technology Group announced the general availability of its 800G 2 x DR4 ZeroFlap optical transceivers, designed to enhance the reliability and productivity of AI networks. These products specifically target link flaps: persistent connectivity issues that can degrade AI cluster performance and delay data processing.
By addressing these stability concerns, the ZeroFlap transceivers aim to accelerate time to first token and improve overall returns on AI infrastructure investments. The new transceivers integrate advanced features such as in-band remote telemetry, automated fault remediation, and smart ticketing to eliminate guesswork during service requests. They use PILOT extensions that allow for telemetry extraction and streaming across various switch operating systems, including SONiC.
This real-time monitoring enables network operators to predict and prevent failures before they impact services, a critical capability as the industry shifts toward large-scale 800G deployments. Credo Technology Group Holding Ltd.’s (NASDAQ:CRDO) ZeroFlap technology provides technicians with tools like non-volatile event logging and remote link harvesting to manage complex optical networks more efficiently.
Credo Technology Group Holding Ltd. is a semiconductor company that offers high-speed connectivity solutions for optical & electrical Ethernet and PCIe applications for hyperscalers and OEMs.
1. CoreWeave Inc. (NASDAQ:CRWV)
CoreWeave Inc. (NASDAQ:CRWV) is one of the best IPO tech stocks to buy right now. On March 31, CoreWeave announced the closing of a landmark $8.5 billion delayed draw term loan facility, marking the first investment-grade rated financing backed by GPU infrastructure. The facility received an A3 rating from Moody’s and an A (low) from DBRS, reflecting institutional confidence in the company’s AI cloud model and execution.
This non-recourse structure allows CoreWeave to initially borrow $7.5 billion, with the capacity to increase to the full $8.5 billion as assets stabilize. The financing is designed to fulfill requirements for previously contracted cloud services with leading AI enterprises, further expanding CoreWeave’s high-performance footprint. Brannin McBee, the company’s Chief Development Officer and co-founder, noted that the transaction helps reduce the cost of capital while validating the scalability of their platform.
Over the past 12 months, CoreWeave has secured equity and debt financing commitments totaling ~$28 billion to meet accelerating customer demand. The new facility matures in March 2032 and features a combination of floating and fixed-rate tranches. The transaction was meaningfully oversubscribed and led by major financial institutions, including MUFG, Morgan Stanley, Goldman Sachs, and JPMorgan.
CoreWeave Inc. is a software infrastructure company that offers the CoreWeave Cloud platform to deliver the automation & efficiency needed to manage AI infrastructure at scale.
READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.
Hedge Fund Resource Center