Below is a list of the most popular Cloud Computing stocks. The more digital we become, the better off these stocks will be. So, throw these into your watch list or add them to your investment portfolio and take advantage of how life has gone.
The COVID-19 crisis changed many things around us. While the global health crisis severely hurt many industries, several others thrived. Cloud computing was at the top of the list among the markets that benefited from the pandemic.
Cloud computing refers to the delivery of different services over the Internet. Those services range from data storage and servers to networking and software.
Table of Contents
Best Cloud Computing Stocks 2026
| Symbol | Name |
|---|---|
| BABA | Alibaba |
| AMZN | Amazon |
| GOOGL | |
| IBM | International Business Machines |
| MSFT | Microsoft |
| ORCL | Oracle |
What Are Cloud Computing Stocks? (Introduction)
Before cloud computing, enterprises had to own and maintain expensive IT infrastructure to support their day-to-day operations. However, businesses can now save money and expand their operations by migrating to the cloud and only paying for what they use.
Moreover, it eliminates the headache of maintaining the IT infrastructure and allows companies to concentrate on their core business.
The work-from-home trend fueled digitalization in almost every sector. Many enterprises worldwide shifted their operations to the cloud to support remote working following the COVID-19 outbreak. As a result, the demand for cloud services rose sharply. This helped cloud computing stocks gain substantial value.
Cloud Computing Stocks Breakdown
Cloud-based digital solutions have become critical for nearly every industry in the post-pandemic world. The growth prospects of cloud computing stocks look bright, with more businesses trying to boost their online presence. The list of cloud computing stocks is long and includes big and small players. However, we have picked the top cloud computing stocks based on their performance, size, and future growth potential.
Amazon (NASDAQ: AMZN)
E-commerce giant Amazon is the clear leader in the global cloud computing space. AWS performance indicates that the demand for cloud computing services is increasing.
AWS currently has a market share of around 32 percent in the cloud market. That’s more than the collective market share of its two biggest rivals, including Microsoft Azure and Google Cloud.
AWS will continue to dominate the cloud space, at least in the short term. Therefore, those looking to capitalize on the cloud boom can consider investing in the stock. So keep Amazon on your cloud computing stocks list.
Microsoft (NASDAQ: MSFT)
Software maker Microsoft has been trying to catch up with Amazon in the cloud space. Under CEO Satya Nadella’s leadership, the company has shifted its focus towards its cloud computing platform, Azure.
Microsoft Azure is the second biggest player in the cloud space. It currently holds a 20 percent share in the cloud market. The company doesn’t reveal the exact revenue generated by the segment.
Microsoft has a massive customer base due to its wide product portfolio that ranges from office productivity applications to game consoles and artificial intelligence. The company uses its extensive reach to boost Azure’s market share by integrating its cloud services with products like Office 365. This is part of its broader strategy to become a leader in the cloud computing market.
In short, the rapidly growing market share of Azure will certainly benefit Microsoft stock in the coming quarters.
Google (NASDAQ: GOOGL)
Search engine giant Google is third on the list of top cloud computing stocks. Google Cloud Platform currently owns a 9 percent share in the cloud market. The platform is a top choice for businesses seeking cloud-based artificial intelligence (AI) and machine learning services.
Google currently generates most of its revenue from the advertising business. However, the management wants to diversify its revenue streams to limit dependence on any segment. This is another reason the company wants to strengthen its cloud unit to compete head-to-head with Azure and AWS. Nevertheless, it would be too early to predict whether Google Cloud can grow into a serious threat to rivals’ services in the coming years, so they’re a part of great cloud computing stocks.
International Business Machines (NYSE: IBM)
Armonk, New York-based tech giant IBM is in the middle of a restructuring. It has been trying to transform itself into a leading cloud-computing and AI company for many years. Those efforts have started paying off.
They compete in the market with their hybrid cloud services, a mixture of on-premises and public cloud solutions.
Oracle (NYSE: ORCL)
Oracle’s cloud initiatives are helping it to offset the weak performance of its on-premises business. Meanwhile, the company has been trying to attract more developers to its cloud platform by offering free services under its Oracle Cloud Free Tier. The company recently added several new “Always Free” infrastructure, storage, networking, observability, and security services.
While Oracle’s shift to the cloud has been relatively slow, it is still a lucrative investment for those looking to benefit from the cloud computing boom.
Chinese Cloud Computing Stocks (NYSE: BABA)
Chinese e-commerce giant Alibaba dominates online shopping in the world’s most populous country. Industry experts believe that Alibaba’s cloud services could become a key growth driver for the company.
Many businesses have yet to shift their operations to the cloud. That means Alibaba Cloud still has plenty of room to grow, given the massive size of the cloud computing space in the country.
According to research firm IDC, Alibaba Cloud currently dominates the Asia-Pacific region with a market share of around 19 percent. However, it is still far behind Amazon, Microsoft, and Google in the global cloud-computing market. But they do make a great addition to cloud computing stocks.
SKYY ETF Performance (2026 YTD)
| Year | Performance | 2026 (YTD) | +7.4% |
|---|---|
| 2025 | +36.1% |
| 2024 | +45.2% |
| 2023 | +50.3% |
| 2022 | -34.8% |
Final Thoughts on Cloud Computing Stocks
Cloud computing stocks are here to stay. And these companies are all great ones. Amazon, BABA, Microsoft, and IBM are looked at in our trade room daily because of their liquidity. And highly liquid stocks make for great movers. Please do not trade any of the securities on this cloud computing stocks list unless you know how to trade.
