Hugging Face stock is a hot topic among investors looking for artificial intelligence (AI) companies. It's a platform where developers can collaborate on AI code, models, datasets, and applications. Hugging Face is also open-source, meaning it's available to anyone and everyone.
Since launching in 2016, Hugging Face has grown quickly. It passed 5 million users in 2024, has more than 1.7 million AI models, and has received investments from many of the top tech companies. In this guide, we'll cover whether you can invest in Hugging Face stock and go into more detail on this AI company.
Is Hugging Face publicly traded?
No, Hugging Face isn't currently publicly traded on the stock market. It's a private company, so you can't invest in it through a brokerage account.
When will Hugging Face IPO?
Hugging Face hasn't announced an initial public offering (IPO). It's unlikely that Hugging Face will join the list of IPO stocks in the near future since it's still a young company that recently completed several funding rounds.
Artificial Intelligence
How to invest
Here's how to invest in stocks in those companies and any other publicly traded companies that you want to add to your portfolio.
- Open your brokerage app: Log into your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Is Hugging Face profitable?
Clement Delangue, co-founder and CEO of Hugging Face, said that the company is profitable in a 2024 post on X. Since Hugging Face is a private company, it doesn't need to share its financial information publicly. It hasn't disclosed its balance sheet, so revenue and net income numbers aren't available, although Forbes has reported Hugging Face's annual revenue at between $30 million and $50 million.
Should I invest in Hugging Face?
Even though you can't buy Hugging Face stock, you should strongly consider investing in companies that have partnered with it or that are positioning themselves at the forefront of AI development and machine learning.
Machine Learning
AI has the potential to be a transformative technology, and its economic impact could be staggering. The market value of AI is expected to grow from an estimated $189 billion in 2023 to $4.8 trillion in 2033, a 25-fold increase, according to UN Trade and Development's Technology and Innovation Report 2025. It's also projected to affect as many as 40% of global jobs.
For most investors, it makes sense to have some exposure to that market. Now, the tech sector is more volatile than the stock market as a whole, and not everyone believes AI, in particular, will live up to the hype. But when you invest in the companies that have backed Hugging Face, you avoid the risk that comes from investing in an AI startup. Even if their AI projects don't meet expectations, Alphabet, Amazon, and Nvidia are still established, quality tech companies.
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The bottom line on Hugging Face
Investing in AI startups like Hugging Face sounds exciting, and there's certainly the possibility of huge profits. But it's not an option for retail investors, who need to stick to publicly traded companies.
This isn't necessarily a bad thing. Hugging Face seems to be doing well so far, but evaluating it as an investment is next to impossible without financial information. And even promising private companies tend to be on the risky side.
There are still plenty of ways to get AI exposure in your portfolio, and you can always buy shares in the companies that have funded Hugging Face if you're bullish about it. Until Hugging Face announces an IPO, that's the closest you can get to Hugging Face stock.
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