12 Best Small Cap Stocks to Buy for Long Term

9. Astrana Health, Inc. (NASDAQ:ASTH)

Number of Hedge Fund Holders: 15

Astrana Health, Inc. (NASDAQ:ASTH) is one of the best small cap stocks to buy for the long term. Astrana Health, Inc. (NASDAQ:ASTH) got upgraded to Overweight from Equal Weight by Barclays on May 26, with the firm lifting the price target on the stock to $50 from $37. It told investors in a research note that it believes the outlook for value-based care has “materially improved in recent weeks, driven by encouraging signs” of stabilizing cost trends and a more favorable 2027 Medicare Advantage rate outcome. It added that the company has room for multiple expansions as it executes on its integration of Prospect and accelerates full-risk membership growth.

For additional reference, in its financial results for fiscal Q1 2026 released on May 7, Astrana Health, Inc. (NASDAQ:ASTH) reported total revenue of $965.1 million, reflecting a 56% year over year growth. It also reported adjusted EBITDA of $66.3 million, up 82% year over year, and free cash flow of $64.1 million, up 372% year over year.

Astrana Health, Inc. (NASDAQ:ASTH) is a physician-centric, technology-powered, risk-bearing healthcare management company that operates as an integrated healthcare delivery platform. It provides services including Multi-Specialty Care, Primary Care, Radiology, Immediate Care, and Laboratory.