The 7 Best Cloud Stocks to Buy for 2022

The cloud computing industry is set to grow by leaps and bounds in 2022 and beyond. That's great news for these seven cloud stocks.

cloud computing concept
(Image credit: Getty Images)

The cloud computing market is growing at a massive pace – with the ongoing pandemic only spurring demand for cloud solutions and services. This, in turn, has investors turning to cloud stocks as a potential source for profits.

Cloud computing as an industry is only 15 years old, and can be traced back to when Eric Schmidt, then-CEO of Google, introduced the term at an industry conference.

Of course, a lot has changed since 2006.

Today, cloud computing is a $445.3 billion industry, according to market data firm ReportLinker. And it's expected to grow to $947.3 billion by 2026. That works out to a compound annual growth rate (CAGR) of 16.3%. And when it comes to an industry of that size, it's no surprise many investors are looking to get exposure to it via cloud stocks.

Additionally, many of these cloud computing companies are innovating – bypassing a global semiconductor shortage by making their own chips, according to The Wall Street Journal. This means, of course, that cloud stocks might have even more to offer investors as the years go on.

With plenty to look forward to in this high-growth industry, here are seven of the best cloud stocks to buy for 2022. Included on this list are some of the biggest users and providers of cloud services, as well as some relative newcomers. And all of the names featured here are well-liked by the analyst community.


Share prices and other market data as of Feb. 3. Analysts' estimates, recommendations and price targets as of Dec. 20, 2021, courtesy of Koyfin.

Michael Adams
Contributing Writer,

Michael Adams's financial writing career has spanned roles with KCI Communications, The Motley Fool, InvestorPlace, InvestingDaily and other major financial publishing outlets. Michael’s personal investing style is based on a buy-and-hold approach of primarily up-and-coming tech businesses. He uses fundamental analysis to find great companies with the possibility for tremendous growth over the course of years.