10 Best Financial Stocks with Highest Upside Potential

8. UWM Holdings Corp (NYSE:UWMC)

UWM Holdings Corp (NYSE:UWMC) is one of the 10 best financial stocks with highest upside potential.

On March 10, BTIG reiterated a Buy rating on UWM Holdings Corp (NYSE:UWMC) with a $10 price target, following the company’s increased revenue outlook ahead of the March 16 merger vote.

The firm is confident that Two Harbors (TWO) shareholders will approve the merger. UWM is one of the more compelling opportunities from a near-term perspective, and potentially the stock can rise by over 10% quickly if interest rate volatility stabilizes. BTIG’s forecast leads to a potential upside of more than 167% at the current level.

On February 26, Jefferies reduced the firm’s price target on UWM Holdings Corp (NYSE:UWMC) to $4.40 from $5. The firm maintained a Hold rating on the shares, which still yields an adjusted upside potential of almost 18%.

Jefferies stated that the company’s first-quarter revenue guidance of $650 million to $850 million has reset the near-term expectations. The firm also noted that the absence of a Q&A session on the earnings call was described as a format decision rather than being tied to any transaction, though the reduced transparency did result in amplified investor uncertainty.

UWM Holdings Corp (NYSE:UWMC) specializes in the origination, sale, and servicing of residential mortgage loans. Operating primarily through a wholesale channel, the company focuses on conforming and government-backed lending. They provide comprehensive mortgage solutions and serve as a key player in the industry by connecting borrowers with essential residential financing options.