The Best Cloud Company Stocks to Watch for Growth in 2026

Cloud computing has fundamentally transformed how businesses operate, offering on-demand access to computing resources including servers, storage, databases, and advanced analytics—all delivered through the internet on a flexible, pay-per-use model. This shift from traditional on-premises infrastructure to cloud-based solutions has become essential for organizations seeking scalability, cost efficiency, and competitive advantage. As we look toward 2026, cloud company stocks present compelling investment opportunities, particularly those leveraging artificial intelligence and expanding their enterprise customer base.

The five cloud company stocks highlighted below have demonstrated strong earnings momentum, positive estimate revisions from research analysts, and rank highly on investment quality metrics. Each carries either a Strong Buy or Buy rating from major research firms, backed by solid revenue growth projections and robust expansion in AI-powered services. Let’s explore what makes these companies attractive for portfolio diversification in the cloud infrastructure space.

Five9: Capitalizing on AI-Powered Contact Center Innovation

Five9 leads the cloud-based contact center market with its intelligent platform that enables seamless customer interactions across voice, chat, email, web, and social media channels. The company’s recent launch of its Genius AI platform represents a transformational moment—AI agents are now emerging as the primary growth catalyst, with enterprises rapidly adopting personalized, AI-driven customer service solutions.

With projected revenue and earnings growth rates of 9.6% and 10.9% respectively for the fiscal year, Five9 demonstrates solid fundamentals. Recent analyst revisions have pushed earnings expectations higher, reflecting confidence in the company’s AI-powered service offerings. The stock carries a Strong Buy designation, positioning it as an attractive entry point for investors seeking exposure to cloud company stocks with AI differentiation.

Affirm: Breaking Through with Fintech Cloud Solutions

Affirm Holdings has established itself as a leader in cloud-powered financial services, generating revenue through merchant partnerships, loan interest income, and virtual card services. The company’s expansion into new markets—including partnerships with Apple Pay and Hotels.com, plus recent entry into the United Kingdom—demonstrates its ability to scale cloud infrastructure globally.

The numbers are particularly impressive: Affirm expects revenues between $3.13 and $3.19 billion for fiscal 2025, with an anticipated revenue growth rate of 37.1% and earnings growth of 96.4%. Most notably, Zacks Consensus Estimates for earnings have improved by 60% over the past two months, signaling strong investor confidence. This cloud company stock is positioned for significant acceleration as its fintech ecosystem matures.

Microsoft: Dominating Cloud Infrastructure with Enterprise AI

Microsoft’s cloud company dominance is underscored by its Azure cloud infrastructure’s accelerating growth, particularly in AI services. The Copilot adoption wave has driven higher average revenue per user, with enterprise customers increasingly committing to multi-year cloud modernization initiatives. The company’s recent quarterly results exceeded expectations, with both Intelligent Cloud revenues and Productivity Business solutions outperforming analyst estimates.

Projected to deliver 13.7% revenue growth and 12.7% earnings growth this year, Microsoft remains the most established player among cloud company stocks in this list. Its diversified revenue streams—spanning cloud infrastructure, productivity software, and gaming services—provide additional downside protection and steady cash generation.

Juniper Networks: Capturing the Enterprise Cloud Transition

Juniper Networks is positioning itself at the forefront of the enterprise cloud migration wave, benefiting from strong demand for AI-driven networking hardware and maintenance services. The company recently reported first-quarter results that exceeded forecasts, driven by healthy Enterprise vertical adoption and growing opportunities in data center switching and virtualization.

The anticipated merger with HP Enterprise promises to accelerate innovation in cloud and AI-native networking solutions, further strengthening Juniper’s competitive moat. With revenue and earnings growth projections of 7.3% and 21.5% respectively, this cloud company stock offers exposure to the critical infrastructure powering modern data centers and cloud environments.

Tyler Technologies: Benefiting from Enterprise Cloud Migration

Tyler Technologies serves as a bellwether for the public sector’s ongoing transition from legacy systems to cloud-based platforms. The company’s recurring revenue model and strong liquidity position enable continuous acquisition activity, driving consistent growth. Growing demand for cloud connectivity and hybrid work infrastructure continues to expand the addressable market.

Expected revenue and earnings growth of 8.9% and 15.6% respectively demonstrate solid performance. Tyler Technologies represents a more defensive play among cloud company stocks, offering exposure to mission-critical enterprise software modernization trends.

Building Your Cloud Computing Portfolio

The convergence of three powerful trends—widespread enterprise cloud migration, rapid AI adoption, and increasing investment in digital infrastructure—creates a compelling investment environment for cloud company stocks in 2026. The five companies highlighted above represent a balanced mix of pure-play cloud infrastructure leaders (Microsoft, Juniper), specialized cloud application providers (Five9, Tyler), and emerging fintech innovators (Affirm) reshaping the cloud ecosystem.

Each company has demonstrated the financial strength, market positioning, and innovation capacity necessary to capture sustained growth from the cloud computing revolution. By diversifying across these cloud company stocks, investors can gain meaningful exposure to what may become one of the decade’s most significant secular trends.

Information based on Zacks Investment Research analysis