What counts as a Cloud & SaaS stock?

Subscription software and the hyperscale platforms it runs on — recurring revenue, high gross margins, and the heavy up-front spend that makes the accounting look worse than the business. Spread across several software industries and one megacap. Membership is curated and hand-maintained: a company earns the tag when the theme is a material driver of its business — either a pure-play, or a larger company for which the theme is a named, reported growth engine. Tangential exposure doesn't qualify. The names below are those in our US universe, ranked by score.

How are the best Cloud & SaaS stocks ranked?

Each name is scored on the Bull Rankings quality-growth model — one 0–100 score blending business quality, growth, and valuation — the same score used everywhere on the site. The table ranks them highest first.

How often is the ranking updated?

The universe is re-scored every trading day after the US market close, so the ranking reflects the latest fundamentals and prices.

CLOUD & SAAS · scores as of Aug 7, 2026

Best Cloud & SaaS stocks.

The theme: Subscription software and the hyperscale platforms it runs on — recurring revenue, high gross margins, and the heavy up-front spend that makes the accounting look worse than the business. Spread across several software industries and one megacap.

How this ranking works

Standard classifications describe what a company files as, not what it's a bet on. This is a curated list of the Cloud & SaaS names in our US universe: the pure-plays, plus the larger companies for which Cloud & SaaS is a real, reported driver rather than a passing mention. Each carries the same 0–100 quality-growth score used everywhere on the site (how it's built), and re-scores every trading day.

#	Ticker	Company	Score
1	HUBSSoftware	HubSpot, Inc.	81.7
2	CRMSoftware	Salesforce, Inc.	81.1
3	VEEVHealth IT	Veeva Systems Inc.	80.4
4	NOWSoftware	ServiceNow, Inc.	75.5
5	DOCUSoftware	DocuSign, Inc.	73.5
6	WDAYSoftware	Workday, Inc.	73.4
7	MSFTSoftware	Microsoft Corporation	71.7
8	ORCLSoftware	Oracle Corporation	70.4
9	TWLOSoftware	Twilio Inc.	65.9
10	TEAMSoftware	Atlassian Corporation	60.0
11	ZMSoftware	Zoom Communications, Inc.	56.1
12	MDBSoftware	MongoDB, Inc.	54.1
13	DDOGSoftware	Datadog, Inc.	50.9
14	PANWCybersecurity	Palo Alto Networks, Inc.	40.6
15	NETCybersecurity	Cloudflare, Inc.	36.9
16	SNOWSoftware	Snowflake Inc.	28.9

The Cloud & SaaS group at a glance

Where these companies are filed

The 16 members report under 3 different industries, which is exactly why no standard sector view groups them:

Software - Application9
Software - Infrastructure6
Health Information Services1

What kind of businesses these are

Average pillar scores across the 16 scored members, against every stock the model scores:

Pillar	Cloud & SaaS	Market	Read
Quality	57.9	56.0	in line
Growth	91.7	61.7	30.0 above
Value	52.5	44.1	8.4 above

Pillars run 0–100 against sector peers. A low Value reading means the group is expensive relative to what it earns, not that the businesses are weak — for an early-stage theme that is the normal shape.

Scores across the group run from HUBS at 81.7 down to SNOW at 28.9, with a median of 68.2. A theme is a thesis, not a quality filter — membership says a company is exposed to Cloud & SaaS, and the score says what the model makes of the business.

Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.