In this article, we will discuss 10 Under-the-Radar Stocks That Are On Fire Right Now.
The market leaves clues every day—and some of the most valuable clues are hiding in the stocks already posting the biggest gains of the year. While many investors spend their time searching for overlooked bargains or predicting the next breakout, billionaire investors and hedge fund managers know that following the market’s strongest performers can be just as profitable as hunting for undiscovered names. In many cases, stocks with the highest year-to-date returns are telling investors exactly where money is flowing, which business models are winning, and what themes are driving Wall Street now.
Strong YTD performance is rarely random. Sustained gains often reflect something deeper: accelerating earnings, rising demand, improving margins, bullish guidance, or a major shift in industry conditions. That is why professional investors watch market leaders so closely. A stock climbing 50%, 100%, or more early in the year can signal that institutions see stronger fundamentals ahead. By the time the broader market notices, much of the move may already be underway.
Top performers also act as a real-time map of market leadership. If semiconductor names dominate the list, it may point to surging AI infrastructure demand. If energy stocks lead, it can signal tightening supply or geopolitical stress. If gold miners are surging, investors may be preparing for inflation or macro uncertainty. For hedge funds, these leadership trends often matter more than headlines.
Momentum itself can become a catalyst. Investors like Stanley Druckenmiller have long recognized that strong stocks often continue outperforming when fundamentals and sentiment remain aligned. Institutional capital tends to chase strength, creating a cycle that can last longer than many expect.
The bottom line is simple: stocks with the highest year-to-date returns are not just yesterday’s winners—they may be tomorrow’s leaders as well. For serious investors looking to stay ahead of the market, tracking what is already working can be one of the smartest strategies available.
With this context in mind, here are some under-the-radar stocks that are on fire right now.
Our Methodology
We used screeners to identify some lesser-known companies with market caps between $10 billion and $30 billion that have a year-to-date return of over 50%. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds. We have ranked the stocks in ascending order of their YTD return to make the list easier to navigate.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 Under-the-Radar Stocks That Are On Fire Right Now
10. CAVA Group, Inc. (NYSE:CAVA)
YTD Performance: 54.14%
CAVA Group, Inc. (NYSE:CAVA) has continued to attract bullish analyst attention as the fast-casual restaurant chain strengthens its position in one of the market’s most desirable growth categories. On April 24, BofA analyst Sara Senatore raised the firm’s price target on CAVA to $108 from $95 while maintaining a Buy rating on the shares. The firm said it was updating estimates and price targets across its restaurant coverage universe ahead of upcoming calendar first-quarter earnings, suggesting confidence in the company’s operating momentum and ability to outperform peers.
The same day, JPMorgan also lifted its price target on CAVA Group, Inc. to $90 from $80 and reiterated an Overweight rating. The bank said it was balancing macroeconomic uncertainty with company-specific or “idiosyncratic” opportunities in the restaurant and foodservice distribution space. Dual target hikes from major Wall Street firms indicate growing confidence that CAVA’s brand strength, traffic trends, and unit economics remain favorable despite a challenging consumer backdrop.
CAVA Group, Inc. operates a rapidly expanding chain of restaurants centered around customizable Mediterranean bowls, salads, and pitas made with fresh ingredients, dips, and dressings. In addition to its restaurant business, the company has expanded into retail through branded dips and spreads sold in grocery stores, including Whole Foods. Founded in 2006 and headquartered in Washington, D.C., CAVA has built a modern lifestyle brand that resonates with health-conscious consumers. With shares already up 54.14% year-to-date, the stock’s strong performance reflects investor optimism that CAVA can remain one of the restaurant sector’s premier long-term growth stories.
9. Aurora Innovation, Inc. (NASDAQ:AUR)
YTD Performance: 57.24%
Aurora Innovation, Inc. (NASDAQ:AUR) is gaining momentum as one of the more closely watched autonomous driving companies, particularly in the commercial trucking segment, where real-world deployment opportunities appear increasingly tangible. On April 30, Aurora announced an expansion of its strategic partnership with Hirschbach Motor Lines that includes a plan for the carrier to own 500 Aurora Driver-powered trucks. The arrangement was outlined in a memorandum of understanding, with final commercial terms and timing expected in binding agreements later this year. If finalized, the agreement would allow Hirschbach to scale its national freight network with 500 million driverless miles while establishing a multi-year revenue stream for Aurora. That development is notable because it shifts the narrative from technology validation toward commercialization and recurring revenue generation. For autonomous vehicle companies, fleet partnerships of this scale are often viewed as a key milestone in proving business viability.
Earlier, on April 17, Goldman Sachs analyst Mark Delaney raised the firm’s price target on Aurora Innovation, Inc. to $5 from $4 while maintaining a Neutral rating. Though still cautious, the higher target suggests improving confidence in Aurora’s strategic progress.
Aurora Innovation, Inc. develops the Aurora Driver, a full-stack autonomous platform integrating lidar, radar, cameras, and software for both trucking and passenger vehicles. Founded in 2017 and headquartered in Pittsburgh, Pennsylvania, Aurora is positioning itself at the intersection of logistics automation and transportation efficiency.
The company’s shares have already surged 57.24% year-to-date, highlighting rising investor enthusiasm around companies seen as potential leaders in the next wave of autonomous mobility.
8. Element Solutions Inc (NYSE:ESI)
YTD Performance: 65.92%
Element Solutions Inc (NYSE:ESI) has drawn fresh analyst support after posting strong quarterly results, reinforcing the company’s standing as a key supplier to electronics and semiconductor manufacturing markets. On April 30, Truist raised its price target on Element Solutions to $47 from $38 while maintaining a Buy rating following the first-quarter report. According to the firm, the company delivered double-digit organic growth across every segment in electronics, while recently acquired businesses also outperformed expectations. Truist added that Element’s momentum in electronics appears sustainable, though it noted softer industrial conditions remain an area to monitor. Even so, the commentary suggests the company is benefiting from favorable secular trends tied to advanced manufacturing, data infrastructure, and chip-related demand. Strong growth across electronics segments is particularly important because it signals continued customer investment in critical technology supply chains.
The same day, UBS analyst Joshua Spector also raised the firm’s price target on Element Solutions Inc to $52 from $43 and kept a Buy rating on the shares. Multiple upward revisions following earnings often reflect increasing confidence in the durability of results.
Element Solutions Inc formulates specialty chemicals and advanced materials used in electronics, semiconductors, and industrial surface finishing applications where precision and reliability are essential. Headquartered in Fort Lauderdale, Florida, the company traces its business roots back decades, with some origins in the 1920s.
With the stock up 65.92% year-to-date, investors appear increasingly convinced that Element Solutions offers a compelling way to participate in global electronics growth without directly owning semiconductor manufacturers.
7. Darling Ingredients Inc. (NYSE:DAR)
YTD Performance: 67.88%
Darling Ingredients Inc. (NYSE:DAR) is regaining momentum as improving earnings trends and supportive renewable fuel policy developments strengthen the investment case. On April 30, the company reported first-quarter revenue of $1.6 billion, ahead of consensus estimates of $1.55 billion. Chairman and CEO Randall Stuewe said the quarter marked a clear inflection point for Darling’s earning power across both its core operations and Diamond Green Diesel, its major renewable diesel joint venture. Management added that disciplined risk management and strong market execution drove exceptional core results while also improving Diamond Green Diesel’s performance. That matters because investors closely monitor DGD profitability as a major driver of Darling’s long-term valuation. Better-than-expected results from both legacy operations and renewable fuels suggest improving balance across the business.
On April 28, TD Cowen analyst Jason Gabelman raised the firm’s price target on Darling Ingredients Inc. to $72 from $58 while maintaining a Buy rating. The analyst noted that recently finalized 2026-27 Renewable Volume Obligations should support industry economics, implying roughly a $1 per gallon advantage for Diamond Green Diesel.
Darling Ingredients Inc. converts used cooking oil, animal fats, and food-processing by-products into feed ingredients, specialty products, and renewable fuel feedstocks. Founded in 1882 and headquartered in Irving, Texas, the company has transformed itself into an important player in the circular economy and clean fuels market.
With shares up 67.88% year-to-date, DAR is among the under-the-radar stocks that are on fire right now. Moreover, investors appear increasingly optimistic that stronger earnings and policy tailwinds can drive further upside.
6. TeraWulf Inc. (NASDAQ:WULF)
YTD Performance: 71.51%
TeraWulf Inc. (NASDAQ:WULF) has emerged as one of the market’s strongest-performing speculative infrastructure plays as investors reassess the value of power-intensive digital asset and AI-related facilities. On April 28, Keefe Bruyette raised the firm’s price target on TeraWulf to $25 from $23 and maintained an Outperform rating on the shares, signaling continued confidence in the company’s strategic repositioning and asset base.
A day earlier, Morgan Stanley analyst Stephen Byrd raised the firm’s price target on TeraWulf Inc. to $41.50 from $37 and kept an Overweight rating. The analyst said Bitcoin-to-data-center conversion valuations look increasingly attractive and added that he sees significant base-case upside in TeraWulf shares. That commentary is particularly notable because it suggests investors may increasingly value the company not just as a crypto miner, but as a potential digital infrastructure provider for high-performance computing and AI workloads.
TeraWulf Inc. historically focused on Bitcoin mining using low-cost, reliable power sourced from nuclear, hydro, and solar energy. As of early 2026, the company has pivoted toward acting as a colocation provider for AI compute, a strategic shift that aligns with surging demand for power-ready data center capacity. Its major facilities include Lake Mariner in New York and Nautilus Cryptomine in Pennsylvania. Founded in 2021 and headquartered in Easton, Maryland, TeraWulf offers investors exposure to both digital assets and next-generation compute infrastructure.
With shares up 71.51% year-to-date, the market appears increasingly enthusiastic about the company’s transformation story and long-term optionality.
5. Planet Labs PBC (NYSE:PL)
YTD Performance: 79.23%
On April 30, Planet Labs PBC (NYSE:PL) announced plans to develop a specialized version of its Tanager spacecraft. In collaboration with Carbon Mapper and with support from the Jet Propulsion Laboratory, the company intends to engineer this advanced satellite as a dedicated adaptation of Tanager focused exclusively on shortwave infrared (SWIR) sensing, while delivering five times the area coverage of existing Tanager satellites.
On April 20, Goldman Sachs analyst Anthony Valentini increased the firm’s price target on Planet Labs PBC to $20 from $18 while maintaining a Neutral rating on the shares. The revised target reflects improving confidence in the company’s commercial outlook and growth opportunities within the satellite imagery and geospatial intelligence market.
Planet Labs PBC is a leading American aerospace and data analytics company that provides near-daily satellite imagery covering the Earth’s entire landmass. The company designs, builds, and deploys low-cost CubeSat satellites, commonly known as Doves and SuperDoves, which capture high-resolution images of the planet each day. Founded in 2010, Planet Labs is headquartered in San Francisco, California.
Planet Labs appears well-positioned for continued upside as its investment in next-generation SWIR satellite capabilities could strengthen its competitive moat and expand high-value commercial and government applications. With shares already up 79.23% year-to-date and Wall Street raising price targets, the stock is demonstrating strong momentum backed by improving strategic prospects.
4. FormFactor, Inc. (NASDAQ:FORM)
YTD Performance: 122.58%
On April 30, Evercore ISI raised the firm’s price target on FormFactor, Inc. (NASDAQ:FORM) to $155 from $133 while maintaining an In Line rating on the shares. The higher target suggests growing recognition of the company’s improving earnings profile and favorable positioning within semiconductor capital equipment markets.
The same day, Citi increased its price target on FormFactor, Inc. to $165 from $150 and reiterated a Buy rating on the stock. The updated outlook reflects confidence in demand trends and the company’s ability to benefit from continued semiconductor complexity and advanced packaging requirements.
FormFactor, Inc. is a leading provider of essential test and measurement technologies for the semiconductor industry. The company supplies critical equipment used by chip manufacturers to test and validate semiconductors during both development and high-volume production. Founded in 1993, FormFactor is headquartered in Livermore, California.
FormFactor appears attractive as multiple analysts raised price targets simultaneously, signaling strengthening sentiment around the company’s exposure to long-term semiconductor growth drivers. With shares already up 122.58% year-to-date, the stock’s momentum suggests investors are increasingly rewarding its strategic importance in the chip supply chain.
3. TTM Technologies, Inc. (NASDAQ:TTMI)
YTD Performance: 123.16%
On April 30, B. Riley raised the firm’s price target on TTM Technologies, Inc. (NASDAQ:TTMI) to $165 from $162 and maintained a Buy rating on the shares. The analyst cited a stellar earnings report and soaring demand for complex printed circuit boards, while also increasing estimates for the company.
The same day, Stifel raised its price target on TTM Technologies, Inc. to $175 from $135 and kept a Buy rating on the stock. The substantial increase highlights rising confidence in the company’s earnings trajectory and end-market demand strength.
TTM Technologies, Inc. designs and manufactures high-density interconnect printed circuit boards, radio frequency components, and custom electro-mechanical assemblies. The company serves high-reliability markets including aerospace and defense, data center computing, automotive, medical, and industrial sectors. Incorporated in 1998, TTM Technologies is headquartered in Santa Ana, California.
TTM Technologies stands out as a compelling opportunity as strong earnings execution and accelerating demand for advanced circuit boards continue to drive analyst optimism. With shares up 123.16% year-to-date, the market appears to be recognizing the company’s leverage to defense, AI infrastructure, and mission-critical electronics demand.
2. Powell Industries, Inc. (NASDAQ:POWL)
YTD Performance: 134.27%
On April 29, Roth Capital raised the firm’s price target on Powell Industries, Inc. (NASDAQ:POWL) to $285 from $195 while maintaining a Buy rating on the shares. The analyst noted that fundamentals across Powell’s primary markets, including energy, utility, and commercial and industrial sectors, remain strong, with strategic initiatives expected to support growth and margin expansion.
On April 27, JPMorgan analyst Tomohiko Sano initiated coverage of Powell Industries, Inc. with an Overweight rating and a $310 price target, implying meaningful upside from then-current levels. The analyst described Powell as a leader in custom-engineered electrical distribution, control, and safety equipment, adding that its $1.6 billion backlog and exposure to AI, automation, and electrification trends support sustained growth.
Powell Industries, Inc. is a leading provider of custom-engineered solutions for the management, distribution, and control of electrical energy. The company designs, manufactures, and services equipment used in complex, high-demand industries requiring reliable power systems. Founded in 1947, Powell Industries is headquartered in Houston, Texas.
Powell Industries appears well-positioned as analysts continue to highlight strong backlog visibility, healthy core markets, and exposure to powerful secular trends such as electrification and automation. With shares advancing 134.27% year-to-date, investor enthusiasm reflects confidence that earnings growth may continue from current elevated levels.
1. Viavi Solutions Inc. (NASDAQ:VIAV)
YTD Performance: 188.62%
On April 30, Rosenblatt analyst Mike Genovese raised the firm’s price target on Viavi Solutions Inc. (NASDAQ:VIAV) to $70 from $42 and maintained a Buy rating following what the firm described as a clean third-quarter beat-and-raise performance. The analyst added that the anticipated AI-driven expansion could persist for multiple years.
The same day, Susquehanna raised its price target on Viavi Solutions Inc. to $65 from $25 and kept a Positive rating on the shares. The firm also increased estimates to reflect a 25% revenue CAGR for the NSE segment, which it expects to account for 80% of total revenue by fiscal 2028.
Viavi Solutions Inc. is a global leader in network test, monitoring, and assurance solutions, as well as optical technologies serving telecommunications, data centers, and aerospace markets. The company provides instruments, software, and services used to test and optimize fiber optic, copper, and wireless networks, including 5G and 6G infrastructure. Founded in 2015, Viavi Solutions is headquartered in Chandler, Arizona.
Viavi Solutions offers an attractive growth profile as analysts sharply increased targets based on accelerating AI-related demand and strong revenue expectations across key segments. With shares surging 188.62% year-to-date, the stock’s exceptional momentum suggests the market is increasingly pricing in a multi-year expansion cycle.
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