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15 handpicked stocks

Open-Source Champions

These innovative companies turn free open-source software into thriving businesses. Carefully selected by our analysts, these stocks represent firms that have built powerful commercial models around community-developed technologies while serving as gateways to global innovation.

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Han Tan | Market Analyst

Updated 1 day ago | Published at June 17

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

MDB

MongoDB, Inc.

MDB

Current price

$218.26

The company commercializes the popular open-source NoSQL database MongoDB, offering a fully-managed cloud version called Atlas.

ESTC

Elastic NV

ESTC

Current price

$77.26

Its business is built around the open-source Elastic Stack (Elasticsearch, Kibana, Beats, Logstash), providing search and analytics solutions.

CFLT

Confluent, Inc

CFLT

Current price

$17.79

Founded by the original creators of Apache Kafka, the company provides an enterprise-ready, cloud-native data streaming platform.

About This Group of Stocks

1

Our Expert Thinking

These companies have mastered the art of monetizing free software by providing crucial enterprise services. They leverage established user communities to create profitable businesses around technologies that were built collaboratively. This unique position gives them lower customer acquisition costs and strong technical advantages.

2

What You Need to Know

These stocks offer exposure to the high-growth enterprise software sector. Their business model involves selling premium features, support, and managed cloud services for widely-used open-source tools. They're particularly well-positioned as companies increasingly rely on cloud infrastructure and developer tools.

3

Why These Stocks

We've selected industry leaders who've built their core commercial offerings directly on specific open-source projects. These companies focus on critical areas like data infrastructure, DevOps, and cloud computing. They benefit from the ongoing shift to cloud-native systems that drives demand for their solutions.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+21.33%

Group Performance Snapshot

21.33%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 21.33% over the next year.

11 of 13

Stocks Rated Buy by Analysts

11 of 13 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🚀

Cloud Migration Catalyst

As companies shift to cloud-based systems, they're increasingly turning to these firms for secure, reliable versions of open-source tools. This ongoing transition is fueling significant growth opportunities.

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Brilliant Business Model

These companies enjoy a unique advantage - their core products are developed by global communities for free, allowing them to focus on monetization rather than building from scratch.

💼

Enterprise Tech Leaders

From databases to DevOps tools, these companies power critical infrastructure for major corporations worldwide. Their technologies have become essential building blocks for modern business.

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