10 Best Software Infrastructure Stocks to Buy According to Analysts

5. Informatica Inc. (NYSE:INFA)

Upside Potential: 36%

Number of Hedge Funds: 22

Informatica Inc. (NYSE:INFA) specializes in data integration and management solutions, focusing on cloud data management, data governance, data catalog, and data quality. The company’s Intelligent Data Management Cloud (IDMC), powered by its AI engine CLAIRE, delivers top-tier solutions that enable enterprises to connect virtually all types of data, govern and protect critical and sensitive information, and prepare data for AI and other strategic data-driven initiatives.

On December 12, 2024, Truist Securities initiated coverage of Informatica Inc. (NYSE:INFA) with a Buy rating and a $34 price target. The analyst identified Informatica as a key player in enterprise data management, addressing data silos that have developed over time and persist in cloud environments. With many enterprises seeking solutions compatible with their existing data stacks rather than fully re-platforming, Informatica Inc. (NYSE:INFA) is well-positioned to benefit. The analyst believes this urgency among its customers could drive faster cloud adoption and overall growth than currently anticipated by the market. This positions Informatica Inc. (NYSE:INFA) for significant opportunities and strong future performance.