10 Best Small-Cap Stocks Ready to Explode in 2026

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​1. Nurix Therapeutics, Inc. (NASDAQ:NRIX)

Market Cap: $1.97 billion

Upside: 61.64%

Number of Hedge Fund Holders: 40

​Nurix Therapeutics, Inc. (NASDAQ:NRIX) is one of the Best Small Cap Stocks Ready to Explode in 2026. On January 21, Robert Burns from H.C. Wainwright reiterated a Buy rating on the stock with a $31 price target. Earlier, on January 14, BTIG reiterated a Buy rating on the stock with a $30 price target.

Analysts at BTIG noted that the bullish sentiment follows the company’s recently highlighted key 2026 objectives. Management highlighted that their bexdeg, which is a BTK degrader for relapsed chronic lymphocytic leukemia, is progressing as planned. Moreover, the phase 3 study is expected to feature a head-to-head comparison against Pirtobrutinib, the newest approved BTK inhibitor. The study will prove superiority and match emerging care standards.

In addition, Nurix Therapeutics, Inc. (NASDAQ:NRIX) is also advancing its immunology assets, with Phase 1 data for the Gilead-partnered IRAK4 degrader due in 2026. The firm highlighted that the company holds $664 million in cash, which is sufficient to fund operations into 2028.

Nurix Therapeutics, Inc. (NASDAQ:NRIX) is a clinical-stage biopharmaceutical company that discovers, develops, and commercializes innovative small molecules and antibody therapies as a novel treatment approach for inflammatory conditions, cancer, and other challenging diseases.​

While we acknowledge the potential of NRIX 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 NRIX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

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