10 Best Mid Cap Stocks to Buy with Highest Upside Potential

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6. ImmunityBio Inc. (NASDAQ:IBRX)

Average Upside Potential: 66.20%

ImmunityBio Inc. (NASDAQ:IBRX) is one of the best mid cap stocks to buy with highest upside potential. On May 22, ImmunityBio recently presented a health economic analysis at ISPOR 2026 demonstrating that ANKTIVA combined with BCG provides superior economic value compared to TAR-200 for patients with BCG-unresponsive non-muscle-invasive bladder cancer/NMIBC. Using a cost-consequence model based on clinical data from the QUILT-3.032 and SunRISe-1 trials, the study focused on the US Medicare population and assessed metrics such as the cost of treatment acquisition, healthcare resource utilization, and radical cystectomy.

The analysis highlighted significant cost savings for ANKTIVA plus BCG across multiple clinical benchmarks. Specifically, the regimen showed a lower cost per complete responder and per cystectomy avoided over three years. These savings were primarily attributed to lower drug acquisition and administration costs, supported by a higher observed complete response rate of 49.6% compared to 45.9% for the TAR-200 cohort.

Company leadership noted that these findings underscore the potential of ANKTIVA to deliver durable cancer responses while simultaneously reducing the financial burden on the healthcare system. By aligning clinical innovation with economic efficiency, the study aims to support broader accessibility for patients facing limited bladder-sparing treatment options for BCG-unresponsive NMIBC.

ImmunityBio Inc. (NASDAQ:IBRX) is a commercial-stage biotechnology company that develops next-generation therapies driving immunogenic mechanisms for defeating cancers and infectious diseases.

While we acknowledge the potential of IBRX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IBRX and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Mid Cap Stocks to Buy with Highest Upside Potential.

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