3 Best Data Center Stocks to Buy, According to Analysts

FomoAnxiety · 2026-03-24T03:45:26+00:00

Despite investor concerns over Big Tech's AI spending, data center stocks like Amphenol, Applied Digital Corporation, and GDS Holdings are rated as Strong Buy, with significant upside potential according to analysts.

FomoAnxiety

2026-03-24 03:45:26

Abstract generation in progress

Investors on Wall Street appear spooked by Big Tech’s plan to continue to pump massive investments into their AI infrastructure buildout. Yet, several data center stocks continue to carry Strong Buy ratings and offer significant upsides, as the TipRanks Compare Top Data Center Stocks tool shows.

Claim 30% Off TipRanks Premium

Trade APLD with leverage
New trading tool for APLD bulls/bears
Forget margin or options. Here’s how the pros trade APLD

This article highlights three such: Amphenol (APH), Applied Digital Corporation (APLD), and GDS Holdings (GDS).

Amphenol (APH)

Amphenol is a U.S. corporation that focuses on the design and manufacturing of electrical and fiber-optic connectors, interconnect systems, and sensors. These products are used in data centers for purposes such as physically linking servers, switches, and AI accelerators to power supplies and data cables. They are also deployed to help AI systems smoothly share data with each other — a beneficial function when applying trained AI models for practical applications.

Amphenol is currently rated a Strong Buy based on analysts’ consensus. This breaks down to 11 buys and one Hold assigned over the past three months. APH offers about 31% upside based on an average price target of $172.92.

Applied Digital Corporation (APLD)

Applied Digital is also an American company whose company is also tied to the data center industry. The Texas-based firm operates data centers that handle customers’ servers and deliver cloud infrastructure and computing services across North America. The company also manufactures the specialized hardware used in crypto-mining operations.

Analysts also have a Strong Buy consensus rating on APLD based on 10 Buys recommended over the past three months. The average APLD price target of $52.22 implies about 94% from current trading levels.

GDS Holdings (GDS)

This Chinese information technology services company develops and operates data centers across China. It provides colocation services, managed hosting services, and consulting services.

Analysts currently have a Strong Buy consensus rating on GDS based on five Buys issued over the past three months. Moreover, the average GDS price target of $49 implies about 16% upside from current trading levels.

Disclaimer & DisclosureReport an Issue

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes