U.S. Software Top Stock Picks from Analysts

Oracle

Market Cap: US$422.4b

Offers products and services that build, run and support enterprise information technology frameworks worldwide.

CoreWeave

Market Cap: US$58.5b

Operates as a cloud infrastructure technology company in the United States.

Strategy

Market Cap: US$35.6b

Operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally.

Quantinuum

Market Cap: US$17.4b

Manufactures and develops quantum computing hardware and software in United States and Internationally.

IREN

Market Cap: US$16.0b

Operates in the vertically integrated data center business in Australia and Canada.

Aurora Innovation

Market Cap: US$12.3b

Engages in the self-driving technology business in the United States.

Bitmine Immersion Technologies

Market Cap: US$11.3b

Operates as a blockchain technology company primarily in the United States.

Hut 8

Market Cap: US$10.9b

Operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada.

Applied Digital

Market Cap: US$9.1b

Designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America.

TeraWulf

Market Cap: US$7.8b

Owns, develops, operates digital infrastructure in the United States.

D-Wave Quantum

Market Cap: US$7.8b

Engages in the development and delivery of quantum computing systems, software, and services worldwide.

Riot Platforms

Market Cap: US$7.1b

Operates as a Bitcoin mining company in the United States.

GDS Holdings

Market Cap: US$7.1b

Engages in the development and operation of data centers in the People's Republic of China.

Cipher Digital

Market Cap: US$6.7b

Develops and operates industrial-scale data centers for bitcoin mining and high-performance compute (HPC) hosting in the United States.

Core Scientific

Market Cap: US$6.5b

Provides infrastructure for high-density colocation services and digital asset mining in the United States.

MARA Holdings

Market Cap: US$3.8b

Operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America.

Pony AI

Market Cap: US$3.5b

Through its subsidiaries, engages in the autonomous mobility business in the People’s Republic of China and internationally.

Kingsoft Cloud Holdings

Market Cap: US$3.4b

Provides cloud services to businesses and organizations primarily in China.

Adeia

Market Cap: US$3.3b

Operates as a media and semiconductor intellectual property licensing platform company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

NextNav

Market Cap: US$3.2b

Provides positioning, navigation, and timing (PNT) solutions in the United States.

SoundHound AI

Market Cap: US$3.1b

Provides independent voice artificial intelligence (AI) solutions that enables businesses across the automotive, TV, IoT, and customer service industries to deliver conversational experiences to customers in the United States, Korea, France, Japan, Germany, and internationally.

CleanSpark

Market Cap: US$3.0b

Operates as a bitcoin mining company in the Americas.

SharonAI Holdings

Market Cap: US$2.8b

Operates as a computing company specializing in accelerated compute platforms, AI infrastructure, and cloud GPU environments.

Bitdeer Technologies Group

Market Cap: US$2.6b

Operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, Norway, Finland, Ethiopia, Canada, and internationally.

VNET Group

Market Cap: US$2.3b

An investment holding company, provides data center hosting and related services in China.

Keel Infrastructure

Market Cap: US$2.0b

Operates digital and energy infrastructure with focus on high-performance computing (HPC) and artificial intelligence (AI) workloads in North America, Canada, and the United States.

Boost Run

Market Cap: US$1.4b

Provides artificial intelligence cloud infrastructure and high-performance computing solutions.

Arteris

Market Cap: US$1.4b

Provides semiconductor system intellectual property (IP) solutions in the United States, rest of the Americas, China, Korea, the rest of the Asia Pacific, Europe, and the Middle East.

WhiteFiber

Market Cap: US$1.2b

Provides artificial intelligence (AI) infrastructure solutions.

Braiin

Market Cap: US$1.1b

Operates as an agriculture and analytics services company that provides solutions to improve farming productivity using IoTs, Wireless Connectivity, Robotics, Software, and AI/ML in Australia and New Zealand.

Tuya

Market Cap: US$1.1b

Provides artificial intelligence (AI) cloud platform services in the People’s Republic of China.

NCR Voyix

Market Cap: US$1.1b

Provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Rezolve AI

Market Cap: US$1.0b

Provides generative AI solutions for the retail and e-commerce sectors in the United Kingdom and the United States.

VTEX

Market Cap: US$583.6m

Provides software-as-a-service digital commerce platform for enterprise brands and retailers.

Bit Digital

Market Cap: US$576.8m

Engages in the institutional grade ethereum treasury and staking business.

American Bitcoin

Market Cap: US$518.5m

A Bitcoin accumulation platform company, focuses on building a Bitcoin infrastructure platform.