This article will discuss the 12 Best Growth Stocks to Buy and Hold in 2026.
On April 24, the S&P 500 and Nasdaq closed at all-time highs; however, the bigger story is what’s driving them there and what’s coming next. With 139 S&P 500 companies having reported Q1 earnings, 81% beat estimates, Reuters reported.
Meanwhile, analysts now project aggregate year-on-year earnings growth of 16.1%, up sharply from 14.4% forecast at the quarter’s start, per LSEG I/B/E/S data. Expectations for full-year 2026 growth have since leaped to nearly 20%, with technology, energy, and materials cited as likely drivers.
As of a day earlier, the S&P 500 surged 11% from its March low, with FOMO now becoming a market force of its own. “The biggest risk right now may be staying on the sidelines too long,” warned Michael Arone, chief investment strategist at State Street Investment Management. The tech-heavy Nasdaq alone is up 18% from its late-March low.
Accordingly, investors are piling back into technology, industrials, financials, AI, and data centers. Yet the most defining listings may still lie ahead.
On April 23, Reuters reported that SpaceX, OpenAI, and Anthropic are collectively targeting a $3 trillion combined market value in what LPL Financial calls the largest IPO wave in history. With all three currently unprofitable, all three bet on AI-driven dominance.
Remarkably, SpaceX alone eyes a $1.75 trillion valuation, with a listing as early as June.
With this backdrop, we will now jump to our list of the 12 best growth stocks to buy and hold in 2026.
Methodology
To curate our list of the best growth stocks to buy and hold in 2026, we used the screener to identify stocks with a 5-year EPS CAGR of at least 20% and a forward one-year EPS growth rate of at least 15%. These stocks also have a 5-year revenue CAGR of at least 13% and a forward one-year revenue growth of at least 10%.
We then selected 12 stocks that were most popular among elite hedge funds and on which analysts were bullish. The stocks are ranked in ascending order by the number of hedge funds with stakes in them, as of Q4 2025.
Note: All data was extracted as of April 23, 2026.
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).
12. Sportradar Group AG (NASDAQ:SRAD)
With one-year EPS and revenue growth estimates of 47.92% and 14.68%, respectively, Sportradar Group AG (NASDAQ:SRAD) earns a place on our list of the best growth stocks to buy and hold in 2026.
With those growth estimates, Sportradar Group AG remains a “Buy” among 90% of the covering analysts. At the same time, the consensus price target sits at $29.36, representing roughly 74% upside potential as of April 23, 2026.
That bullish sentiment stands intact as revenue for full-year 2025 came in at €1,290 million. Meanwhile, adjusted EBITDA rose 33% to €297 million.
Top-line growth (17% YoY), which yielded a 23% adjusted EBITDA margin, was attributable to growing product adoption across the business and the successful integration of IMG ARENA.
Sportradar Group AG is targeting constant-currency revenue growth of 23% to 25% in 2026, which management expects to translate to revenue of between €1,557 million and €1,582 million. On profitability, adjusted EBITDA is expected to be in the €390 million to €400 million range, with the adjusted EBITDA margin set to expand by 200 to 225 basis points.
Not everyone is equally enthusiastic about the near term, though.
Truist trimmed its price target on April 21 to $26, down from $32, while keeping its “Buy” rating on Sportradar Group AG unchanged. The cut was part of a wider Q1 preview covering the gaming sector, and the firm’s read on the industry was cautious.
E-sports betting growth and uncertainty around prediction markets have kept digital trends under pressure, and the broader sector has struggled to attract investor attention as a result. Regional gaming has held up better, with more consumers opting to stay home rather than travel. According to the firm, Las Vegas has seen some improvement recently, but nothing dramatic enough to suggest a real inflection point.
For now, the setup heading into earnings reflects tempered expectations.
Sportradar Group AG operates as a provider of data services. The company offers its services to the media and sports betting industries across the Middle East, the United States, Africa, Switzerland, the Caribbean, Asia-Pacific, Europe, North America, and Latin America.
11. Equinox Gold Corp. (NYSE:EQX)
Backed by one-year EPS and revenue growth estimates of 33.58% and 19.42%, respectively, Equinox Gold Corp. (NYSEAMERICAN:EQX) ranks among the best growth stocks to buy and hold in 2026.
Equinox Gold Corp. has no shortage of analyst enthusiasm behind it right now.
As of April 23, 2026, every single analyst covering Equinox Gold Corp. is on board with a Buy rating, and the consensus price target of $19.03 points to roughly 34% upside potential.
The one notable move came on April 21, when CIBC cut its price target to C$31 from C$32, a modest trim that did nothing to shake its conviction, as the firm held its “Outperform” rating on Equinox Gold Corp. firmly in place.
The move was part of a routine Q1 preview the firm put out covering the gold and base metals sector. CIBC’s overall tone on gold remained positive.
TheFly reported that the firm pointed out that gold had sold off about 20% from its January high and that Federal Reserve rate expectations have been shifting, both of which could help the metal bounce back. CIBC said it sees current gold prices as a good entry point and is also becoming more constructive on base metals, given supply constraints in that space.
Those views sit well alongside what the company shared in its April 9, 2026, operational update.
In the first quarter, Equinox Gold Corp. produced 197,628 ounces of gold, with 87,402 ounces from its Canadian assets. The company expects production to pick up through the second half, with Greenstone and Valentine both still in the process of ramping toward full production potential.
Meanwhile, operations at Valentine had a strong quarter.
The mine ran at 90% of its nameplate capacity on average throughout the quarter and actually surpassed that level, reaching 101% in February and March. Away from the mine site, Equinox Gold Corp. also made solid progress on its finances, paying down $990 million in debt and announcing a dividend of $0.015 per share, both of which point to a stronger financial position.
Looking ahead, management has plans to expand Castle Mountain and Los Filos, two assets it believes can collectively add more than 450,000 ounces to its annual production.
Equinox Gold Corp. is a mining company that focuses on exploring, acquiring, developing, and operating mineral properties across the Americas. The company mainly produces and sells gold and silver through its mining operations. It also offers gold production and development services with its primary customers including global refiners, bullion dealers, and gold investors. It was founded in 2007 and is headquartered in Vancouver, Canada.
10. Super Micro Computer, Inc. (NASDAQ:SMCI)
With one-year EPS and revenue growth estimates of 32.89% and 21.40%, respectively, Super Micro Computer, Inc. (NASDAQ:SMCI) earns a place on our list of the best growth stocks to buy and hold in 2026.
Super Micro Computer, Inc. is an interesting name to watch as of April 23, 2026. Analyst opinion on the stock is far from balanced, with only 30% of covering analysts carrying a “Buy” rating. However, at the same time, the consensus price target of $35 points to around 23% upside potential.
Meanwhile, Super Micro Computer, Inc. has been busy on the product front.
On April 13, 2026, Super Micro Computer, Inc. rolled out a new line of compact platforms running on AMD EPYC 4005 series processors. The launch is a direct reflection of where the company is putting its energy, building out its presence in edge AI infrastructure.
In plain terms, that means bringing computing power to the places that need it most: retail stores, factory floors, hospitals, and corporate branch offices, without having to rely on a far-off central data center. For businesses operating in tight spaces with limited power budgets, that kind of local computing capability matters.
So, rather than sending data all the way back to a central data center, the company’s goal is to run AI inferencing and general-purpose computing right where the data is being created.
The new lineup covers a range of form factors.
The AS-E300-14GR is a mini 1U system that supports up to 16 cores and 192GB of DDR5 memory. The AS-1116R-FN4 is a short-depth 1U rackmount designed with branch deployments in mind. Rounding out the family is the AS-3015TR-i4, a slim tower that can accommodate a dual-slot GPU card such as the NVIDIA RTX PRO 2000 Blackwell.
All three platforms are built on AMD’s Zen 5 architecture, with support for DDR5, PCIe Gen 5, and thermal design power as low as 65W. Security is also part of the package, with TPM 2.0 and AMD SEV built in, positioning Super Micro to go after demand for distributed, energy-efficient AI compute.
However, not everyone on the analyst side shares the same optimism.
Mizuho moved its price target on Super Micro Computer, Inc. down to $25 from $33 on April 6, 2026, while keeping its “Neutral” rating unchanged. The firm did recognize that demand for AI servers is expected to hold up well through 2027, but raised a flag around China-related developments in the near term, indicating those could push some orders in the direction of competitors like Dell.
Super Micro Computer, Inc. is a global technology company that designs and manufactures high‑performance server, storage, and networking solutions optimized for data centers, cloud, AI, and enterprise computing.
9. Wingstop Inc. (NASDAQ:WING)
Backed by one-year EPS and revenue growth estimates of 25.49% and 16.01%, respectively, Wingstop Inc. (NASDAQ:WING) ranks among the best growth stocks to buy and hold in 2026.
Wingstop Inc. is sitting on solid analyst support heading into late April 2026.
A strong majority, around 84% of analysts covering Wingstop Inc., are recommending it as a Buy, and the consensus price target of $189.19 suggests 53% upside potential.
However, that positive backdrop did not stop RBC Capital analyst Logan Reich from making an adjustment on April 20, 2026.
Reich trimmed the price target on Wingstop Inc. to $275 from $340, while reiterating an “Outperform” rating, ahead of the company’s first quarter results.
The firm is modeling a miss in same-store sales, citing ongoing macro pressures weighing on Wingstop’s core consumer base. Weather is also expected to have created an additional 100 basis point headwind during the quarter. Despite near-term softness, RBC sees strong franchisee returns on capital as supporting continued unit expansion and does not view the company’s unit growth outlook as being at elevated risk.
This cautious near-term read follows Wingstop’s results reported in February, which told a mixed story.
Revenue came in at $175.7 million, up 8.6%, while system-wide sales reached $1.3 billion, a 9.3% increase. Adjusted EBITDA followed suit, climbing 9.8% to $61.9 million. The one area that fell short was domestic same-store sales, which pulled back 5.8% over the period.
The full year 2025 results painted a stronger picture.
For the full year 2025, system-wide sales grew 12.1% to $5.3 billion, while net income reached $174.3 million, up 60.3%, a strong showing on the profitability front. Heading into 2026, Wingstop is forecasting flat to low-single-digit growth in domestic same-store sales, with global unit growth expected to land between 15% and 16%.
On the cost front, Wingstop Inc. has set out its expectations clearly.
SG&A is projected at $151 million to $154 million, stock-based compensation at around $32 million, interest expense at approximately $43 million, and depreciation and amortization at about $30 million.
The overall guidance points to a company that is pressing ahead with expansion while keeping a firm grip on costs and making the most of its operating leverage. The company will report its Q1 2026 results on April 29, 2026.
Wingstop Inc. is an operator and franchisor of restaurants under the Wingstop brand. The company operates its restaurants across the United States, Kuwait, Saudi Arabia, Australia, Puerto Rico, Bahrain, and the Netherlands. It was incorporated in 1994 and is based in Dallas, Texas.
8. Insulet Corporation (NASDAQ:PODD)
With one-year EPS and revenue growth estimates of 27.44% and 19.19%, respectively, Insulet Corporation (NASDAQ:PODD) earns a place on our list of the best growth stocks to buy and hold in 2026.
Insulet Corporation is heading into late April 2026 with strong analyst backing. As of April 23, the majority of analysts covering the stock have a Buy rating on it, and the consensus price target of $360 points to 87% upside potential.
On April 15, 2026, Truist analyst Richard Newitter lowered the firm’s price target on Insulet Corporation to $315 from $360, a measured revision that did little to shake his overall conviction.
Newitter kept the firm’s Buy rating firmly in place, noting that first-quarter results are expected to come in line or better, even as investor sentiment around volumes stays on the cautious side. He noted that Insulet Corporation currently trades at a slight discount to its peer group of high-growth profitable companies but argued it should trade at least in line with peers, if not at a premium, given its stronger revenue and profit growth profile.
That constructive view builds on Insulet’s fourth quarter results.
Revenue came in at $783.8 million, up 31.2% (29.0% in constant currency), exceeding the company’s guidance. Omnipod delivered growth in the quarter, with total revenue reaching $781.8 million, up 33.5% year-over-year. In the U.S., revenue reached $567.8 million, up 28.0%, while international revenue grew at an even stronger rate, rising 50.7% to $214 million.
For the full year, revenue grew 30.7% to $2.7 billion, and adjusted net income came in at $354.4 million, or $4.97 per diluted share.
Looking ahead to 2026, Insulet Corporation is guiding for first-quarter total revenue growth of 25% to 27%, with full-year growth of 20% to 22%. Omnipod is targeted to grow a bit faster, with projected first-quarter growth of 28% to 30% and full-year growth of 21% to 23%. Rounding out the guidance, the company is projecting around 100 basis points of margin expansion, and adjusted EPS growth is expected to exceed 25%.
Insulet Corporation is a medical device company that develops, markets, and manufactures an insulin infusion system for people with insulin-dependent diabetes. The company specializes in diabetes supplies, along with other diabetes related products and supplies, including pump supplies, traditional insulin pumps, blood glucose testing supplies, and pharmaceuticals.
7. Block, Inc. (NYSE:XYZ)
Backed by one-year EPS and revenue growth estimates of 31.86% and 11.06%, respectively, Block, Inc. (NYSE:XYZ) ranks among the best growth stocks to buy and hold in 2026.
On April 22, 2026, BMO Capital initiated coverage on Block, Inc. with a “Market Perform” rating and a price target of $74. In doing so, the firm pointed to what it called a materially improved operating model, one that it believes could lay the groundwork for a more stable and lasting earnings profile over time.
That view sits alongside a broadly positive analyst picture as of April 23, 2026.
Roughly 80% of analysts covering Block, Inc. have a “Buy” rating on the stock, and the consensus price target of $86 points to roughly 20% upside potential.
BMO noted there is reasonable potential for upside to gross profit and earnings estimates, provided management follows through on its 2026 strategy. At the same time, the firm flagged that the stock’s recent rebound has brought the risk-reward ratio into better balance, which partly explains the neutral starting point on the rating.
One of the bigger questions BMO raised centers on Cash App, specifically, whether the platform can keep converting users into higher-value cohorts in a way that sustains 20% gross profit growth beyond 2026. That question around long-term monetization sits at the heart of the investment case for Block, Inc..
It also connects to what Block, Inc. shared in its April 8, 2026, preliminary and unaudited update.
Block, Inc. projected Q1 2026 Cash App Bitcoin Ecosystem revenue of $1.7 billion, driven by total Bitcoin buy volume on the platform. The company also flagged a $172.8 million remeasurement loss on its Bitcoin investment, which will show up in GAAP earnings. Block was straightforward in noting that bitcoin-related activity can introduce volatility into reported revenue and net income, even when underlying operating metrics like gross profit hold relatively steady.
Full results are expected on May 7, 2026.
Block, Inc., founded in 2009 by Jack Dorsey and headquartered in Oakland, California, is a financial technology and services provider offering point-of-sale systems, digital payments, and consumer financial products.
6. Blackstone Inc. (NYSE:BX)
With one-year EPS and revenue growth estimates of 25.20% and 24.21%, respectively, Blackstone Inc. (NYSE:BX) earns a place on our list of the best growth stocks to buy and hold in 2026. Furthermore, the stock has upside potential of over 11% as of April 23, 2026.
Blackstone Inc. came out with a solid set of first-quarter results on April 23, 2026. Total assets under management crossed the $1.3 trillion mark as the firm continued to attract large-scale investor capital amid some noise around private credit sentiment.
The standout contributor was Blackstone Inc.’s credit and insurance business, which brought in $37 billion of inflows during the quarter. Private equity was not far behind, adding $20.4 billion. Management noted that institutional and insurance clients, who make up 75% of the credit platform’s assets, continued committing capital to the asset class, which helped cushion any broader concerns around private credit.
That said, there were some softer spots worth noting.
BCRED, Blackstone Inc.’s (NYSE:BX) flagship private credit fund, saw $3.7 billion in withdrawals during the period. President and COO Jonathan Gray was clear in pointing out that the redemptions were driven by a small number of large investors rather than the broader base of smaller investors in the fund.
Performance in private credit also took a step back.
Net returns were flat in the first quarter and up 5.7% over the last 12 months. Despite that, Blackstone Inc.’s overall earnings held up well.
Distributable earnings rose 25% to $1.76 billion, or $1.36 per share, coming in just ahead of analyst expectations of $1.35. Net realizations also moved higher, climbing 26% to $448.4 million, supported by activity on the private equity side.
Founded in 1985, Blackstone Inc. is the world’s largest alternative asset manager operating from its headquarters in New York.
5. Shopify Inc. (NASDAQ:SHOP)
Backed by one-year EPS and revenue growth estimates of 26.37% and 23.24%, respectively, Shopify Inc. (NASDAQ:SHOP) ranks among the best growth stocks to buy and hold in 2026.
Shopify Inc. heads into late April 2026 with solid analyst backing. As of April 23, 2026, 76% of analysts covering the stock have a Buy rating, and the consensus price target of $160 implies around 76% upside potential.
On April 21, 2026, RBC Capital stood by its “Outperform” rating and $170 price target on Shopify Inc., after fresh U.S. e-commerce growth data pointed to continued market share gains for the company. The firm said the data shows first-quarter gross merchandise volume grew 34.3% year-over-year to $100.4 billion, coming in 1.8% above the consensus estimate of $98.7 billion. RBC also noted that gross payment volume momentum has been running ahead of GMV, driven by growing payments uptake and continued strength in offline channels.
Beyond the volume numbers, RBC flagged a few other tailwinds worth watching.
U.S. consumer spending picked up through March, and e-commerce growth came in stronger compared with the fourth quarter. Shopify Inc. is also expected to benefit from a larger foreign exchange tailwind in the first quarter than it saw in the fourth quarter, estimated at 225 basis points versus 120 basis points.
Looking further out, RBC said Shopify’s ability to grow ahead of the broader U.S. e-commerce market should continue, supported by traction with large enterprises, international expansion, and newer channels such as point-of-sale and business-to-business.
All of that builds on a strong set of results that Shopify Inc. reported for the fourth quarter and full-year 2025.
The company reported fourth quarter revenue growth of 31%, alongside a 19% free cash flow margin. For the full year, revenue grew 30% with a 17% free cash flow margin. Shopify Inc. also highlighted that 2025 strength was broad-based across merchant sizes, regions, and channels.
For 2026, Shopify Inc. guided first-quarter revenue to grow at a rate in the low-30s percentage range compared to the same period last year and also announced a $2 billion share repurchase program. The company will announce its Q1 2026 results on May 5, 2026.
Shopify Inc. operates as an e-commerce technology company across the United States, Asia-Pacific, Canada, the Middle East, Europe, Africa, and Latin America. The company offers tools to run, scale, market, and start online businesses of different sizes.
4. ServiceNow, Inc. (NYSE:NOW)
With one-year EPS and revenue growth estimates of 19.81% and 18.47%, respectively, ServiceNow, Inc. (NYSE:NOW) earns a place on our list of the best growth stocks to buy and hold in 2026. The stock has 70% upside potential as of April 23, 2026.
Barclays analyst Raimo Lenschow came back to ServiceNow, Inc. on April 23, 2026, reinstating coverage with an “Overweight” rating and a price target of $132. His read on the first-quarter results was measured: the broader macroeconomic environment had an impact, but nothing that changes the fundamental story.
Lenschow highlighted that ServiceNow, Inc. remains among the strongest-positioned software names, owing to its deep integration within customers’ IT environments, a structural advantage the firm believes will position the company as an integral participant in enterprise AI adoption.
That assessment is reinforced by the company’s first-quarter financial results, announced a day earlier.
ServiceNow, Inc. reported subscription revenue of $3.671 billion, up 22% year-over-year, with total revenue of $3.770 billion, reflecting equivalent growth. Demand indicators remained robust: current remaining performance obligations rose 22.5% to $12.64 billion, while total remaining performance obligations expanded 25% to $27.7 billion. Now Assist customers with annual contract values exceeding $1 million grew more than 130% year-over-year, underscoring durable commercial momentum in the company’s AI product portfolio.
Still, the quarter was not without headwinds.
Non-GAAP EPS came in at $0.97 per share, with subscription revenue growth facing a 75-basis-point drag from delayed large deal closings in the Middle East.
ServiceNow, Inc. also shared its expectations for the rest of the year.
For the second quarter of 2026, it sees subscription revenue coming in between $3.815 billion and $3.820 billion and expects to keep 26.5 cents of operating profit for every dollar earned. For the full year, ServiceNow, Inc. increased its revenue forecast to between $15.735 billion and $15.775 billion, with operating profitability of 31.5% and free cash flow margin of 35%.
ServiceNow, Inc. provides cloud-based and AI-embedded end-to-end workflow automation solutions for enterprises. The company is located in Santa Clara, California, and was founded in June 2004 by Frederic B. Luddy.
3. Eli Lilly and Company (NYSE:LLY)
Backed by one-year EPS and revenue growth estimates of 21.72% and 16.23%, respectively, Eli Lilly and Company (NYSE:LLY) ranks among the best growth stocks to buy and hold in 2026.
As of April 23, 2026, a majority of analysts covering the stock have a Buy rating on it; that is, 77% of all covering analysts, and their consensus price target of $1,250 suggests Eli Lilly and Company could climb around 40% from current levels.
That confidence was on display the same day, when Guggenheim raised its price target on Eli Lilly and Company to $1,183 from $1,163 and held on to its “Buy” rating, just ahead of the company’s first quarter results.
The firm updated its model to account for a disclosed $584 million charge tied to in-process research and development, equal to $0.52 per share, folding in the cost of Lilly’s recently announced acquisitions of Centessa Pharmaceuticals and Kelonia Therapeutics. Even with those charges weighing on near-term earnings, Guggenheim kept a constructive view on Eli Lilly and Company.
The acquisitions themselves tell the bigger story.
On April 20, 2026, Eli Lilly and Company agreed to acquire Kelonia in a deal worth up to $7.0 billion — $3.25 billion upfront with the remainder tied to milestone-based payments. Kelonia’s technology is designed to generate CAR-T therapies inside the body rather than outside it, with its lead candidate KLN-1010 targeting a protein called BCMA in patients with multiple myeloma.
A few weeks earlier, on March 31, 2026, Eli Lilly and Company had also agreed to acquire Centessa Pharmaceuticals to bolster its neuroscience pipeline. Centessa’s lead asset, cleminorexton, showed a potentially best-in-class profile in Phase 2a studies across three related sleep disorders, which are narcolepsy type 1, narcolepsy type 2, and idiopathic hypersomnia.
Thus, Eli Lilly and Company is making a deliberate push into high-value areas of medicine. Management believes the pipeline these deals add can keep it growing for years to come.
Eli Lilly and Company develops, manufactures, discovers, and sells pharmaceutical products. These products span oncology, diabetes, immunology, neuroscience, and other therapies.
2. NVIDIA Corporation (NASDAQ:NVDA)
With one-year EPS and revenue growth estimates of 34.77% and 30.61%, respectively, NVIDIA Corporation (NASDAQ:NVDA) earns a place on our list of the best growth stocks to buy and hold in 2026.
NVIDIA Corporation heads into late April 2026 with robust analyst backing. As of April 23, 2026, 94% of analysts covering the stock have a Buy rating on it, and the consensus price target of $260 points to roughly 30% upside potential.
On April 15, 2026, ahead of NAB Show 2026, NVIDIA Corporation rolled out new updates across creative tools and system optimization, with RTX technology making inroads into professional video workflows and AI-assisted PC management.
Adobe’s Premiere Color Mode was the marquee item, a beta feature built into Premiere that taps GPU acceleration on NVIDIA GeForce RTX and RTX PRO systems. It is the first time 32-bit color depth has come to Premiere, with the feature designed to make the editing experience faster and more responsive while improving real-time color grading across layered edits and tonal adjustments.
NVIDIA Corporation also used the occasion to push Project G-Assist further into the market.
The experimental on-device assistant for GeForce RTX AI PCs delivered better detection of gaming settings, a stronger knowledge base for esports and AAA game recommendations, and broader control over features in the NVIDIA App, including DLSS Overrides, Smooth Motion, RTX HDR, Digital Vibrance, and encoder settings.
Project G-Assist is not a new idea. NVIDIA Corporation first showed it off at Computex 2024 as a tech demo designed to simplify complex PC environments through voice- and text-based system optimization. The April 15 update moves that concept further along.
The developments, taken side by side, reflect where NVIDIA Corporation is putting its energy: making powerful hardware easier to use for creators and gamers alike.
NVIDIA Corporation is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Backed by one-year EPS and revenue growth estimates of 22.42% and 11.61%, respectively, Amazon.com, Inc. (NASDAQ:AMZN) ranks among the best growth stocks to buy and hold in 2026. The stock has 14% upside potential as of April 23, 2026.
Amazon.com, Inc. heads into late April 2026 with solid analyst backing. BMO Capital raised its price target on the stock to $315 from $310 on April 23, 2026, keeping its “Outperform” rating in place. The move was driven by channel checks indicating that AWS growth was picking up pace in the first half of the year.
Investors, however, are still waiting for proof that Amazon.com, Inc.’s heavy spending is delivering real returns, and BMO flagged that openly. On the retail side, although consumers are still holding up, economic uncertainty and rising global tensions have begun to take a toll on sales.
The revenue picture added some reassurance.
On April 9, 2026, Reuters reported that Amazon.com, Inc. had disclosed annualized revenue of more than $15 billion from AI services at its cloud-computing unit, based on first-quarter performance. That figure gave investors an unusually clear window into how much the company’s infrastructure buildout is actually generating at a time when such visibility has been hard to come by.
The backdrop makes that number even more meaningful.
Amazon.com, Inc. has projected around $200 billion in 2026 capex, with the bulk of it going toward building out its cloud and data center capacity. Reuters reported that CEO Andy Jassy said the company was not spending without a plan and that it already had firm customer commitments backing a large portion of its expected AWS infrastructure spend.
Rounding out the picture, Amazon’s custom chip business, including Graviton, Trainium, and Nitro, had crossed an annualized revenue run rate of more than $20 billion, underlining the growing scale of its infrastructure push.
Amazon.com, Inc. operates across e-commerce, digital content, advertising, and cloud computing. Its online and offline stores offer both in-house and third-party products, while its Amazon Web Services (AWS) division runs one of the world’s largest data center networks.
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