11 Best Australian Stocks to Buy According to Analysts

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1. Radiopharm Theranostics Limited (NASDAQ:RADX)

Number of Hedge Fund Holders: 2

Analyst Upside Potential: 278.79%

Radiopharm Theranostics Limited (NASDAQ:RADX) is a clinical-stage biopharmaceutical company that specializes in radiopharmaceuticals for cancer treatment. It is preparing a diverse pipeline of highly differentiated molecules, including peptides, small molecules, and monoclonal antibodies.

On April 29, Radiopharm Theranostics Limited (NASDAQ:RADX) released its quarterly activity report, highlighting that it raised $5 million through a private placement of 133 million shares to Lantheus Holdings Inc. at A$0.060 per share. This investment increased Lantheus’s stake in Radiopharm to 12.16%, making it the largest shareholder in the company. Moreover, the company is making progress in its pipeline. The recent clinical data highlighted Radiopharm Theranostics Limited (NASDAQ:RADX) imaging agent RAD 101, which successfully detects brain metastases with high sensitivity and specificity using a novel PET/mpMRI imaging approach.

Additionally, the preclinical data for RAD202 also showed strong tumor uptake and favorable biodistribution, supporting its diagnostic and therapeutic potential in HER2-positive cancers. The recent fundraising and clinical developments have placed Radiopharm Theranostics Limited (NASDAQ:RADX) among one of the best Australian stocks to buy according to analysts.

While we acknowledge the potential of WRD to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than WRD but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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