10 Best NASDAQ Stocks with Huge Upside Potential

7. DexCom, Inc. (NASDAQ:DXCM)

Number of Hedge Fund Holders: 60

Analyst Upside Potential: 35.53%

DexCom, Inc. (NASDAQ:DXCM) is one of the Best NASDAQ Stocks to Buy with Huge Upside Potential. Wall Street is bullish on DexCom, Inc. (NASDAQ:DXCM) after the company topped revenue and EPS estimates during its fiscal second quarter of 2025. The company posted $1.16 billion in revenue, up 15.21% year-over-year and ahead of consensus by $32.49 million. In addition, the EPS of $0.48 also came in ahead of the expectations by $0.04.

Management noted that both the US and International revenue contributed to this outperformance with US segment growing 15% and the International segment growing 7% year-over-year.

Several analysts have reiterated their bullish sentiment since the release. Earlier, on August 21, Steven Silver from Argus Research initiated DexCom, Inc. (NASDAQ:DXCM) with a Buy and a $100 price target. Later on September 8, Bernstein also reiterated a Buy rating on the stock with a price target of $98. More recently, Piper Sandler reiterated a Buy rating with a price target of $100 on September 12, 2025. Overall, analysts 12-month price target points towards a 35.5% upside from current levels.

DexCom, Inc. (NASDAQ:DXCM) designs and develops continuous glucose monitoring systems to help people manage diabetes and metabolic health.