12 Strong Buy Stocks with High Upside According to Analysts

In this article, we will discuss 12 Strong Buy Stocks with High Upside According to Analysts.

Every year, hundreds of stocks receive analyst “Strong Buy” ratings, but only a select few combine those endorsements with something even more compelling: more than 40% projected upside potential. While skeptics often dismiss analyst forecasts as overly optimistic, some of the world’s most successful billionaires and hedge fund managers believe that identifying mispriced growth opportunities before the broader market catches on is one of the keys to generating outsized returns.

Legendary investor Peter Lynch famously argued that the biggest gains often come from companies that Wall Street has not fully appreciated yet. Similarly, hedge fund billionaire Stanley Druckenmiller has repeatedly emphasized the importance of finding businesses entering powerful earnings and revenue acceleration cycles before they become consensus trades. Ken Griffin has highlighted the value of rigorous research and market inefficiencies, while Ray Dalio has stressed that successful investing often comes from identifying situations where future outcomes are better than the market expects.

The research supporting high-conviction stock ideas is compelling. A study published in the Journal of Financial Economics found that stocks with the most favorable analyst recommendations significantly outperformed those with the least favorable ratings. Meanwhile, research from TipRanks has shown that top-rated Wall Street analysts consistently identify stocks that outperform the broader market over time. Recent market data also shows that many of the market’s biggest winners began their rallies while carrying Strong Buy ratings and substantial upside targets, often before institutional ownership surged.

For investors searching for market-beating opportunities, Strong Buy stocks with more than 40% upside potential offer a rare combination of professional conviction, favorable fundamentals, and asymmetric return potential. The challenge, of course, is separating the future winners from the countless stocks that merely look attractive on paper.

With this context in mind, here are the strong buy stocks with high upside according to analysts.

Our Methodology

We used stock screeners to identify the stocks that were given the ‘Strong Buy’ rating from analysts. From that list, we shortlisted stocks with more than 40% upside potential. 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. To make the list easier to navigate, we ranked the stocks in ascending order of their upside potential.

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. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).

12 Strong Buy Stocks with High Upside According to Analysts

12. CRH plc (NYSE:CRH)

Upside Potential: 40.70%

On July 8, Wells Fargo lowered its price target on CRH plc (NYSE:CRH) to $132 from $135 while maintaining an Overweight rating on the shares. Ahead of second-quarter earnings for the building materials sector, the firm noted that results could face pressure from higher energy costs as pricing actions continue to lag input cost inflation. Wells Fargo also cited concerns about potentially slower government spending as a factor weighing on the broader industry outlook. Despite these near-term challenges, the firm named CRH its top pick within the sector, highlighting the company’s planned acquisition of Arcosa’s construction materials assets and an attractive valuation relative to its growth prospects.

Earlier, on June 26, Jefferies raised its price target on CRH plc (NYSE:CRH) to $165.60 from $149 while reiterating a Buy rating. The firm believes the Arcosa transaction will provide a meaningful earnings boost once fully integrated, estimating that the acquisition could contribute approximately 5% to 6% upside to its earnings-per-share forecasts beginning in 2027. Jefferies also emphasized that the scale of the transaction demonstrates CRH’s ability to drive growth through a combination of organic expansion and strategic acquisitions, reinforcing its leadership position within the global construction materials industry.

CRH plc (NYSE:CRH) is a leading international provider of building materials solutions headquartered in Dublin, Ireland, with origins dating back to 1936. CRH’s disciplined acquisition strategy, strong position in infrastructure-related markets, and continued analyst confidence support a favorable long-term outlook despite temporary cost pressures affecting the building materials sector, ranking it among the strong buy stocks with high upside according to analysts.

11. Intercontinental Exchange, Inc. (NYSE:ICE)

Upside Potential: 40.91%

On July 9, Barclays lowered its price target on Intercontinental Exchange, Inc. (NYSE:ICE) to $180 from $201 while maintaining an Overweight rating on the shares. Although the firm reduced its valuation target, it continues to view ICE favorably relative to peers and remains constructive on the company’s long-term growth prospects. The revised target reflects updated assumptions across the financial services sector rather than a fundamental change in the firm’s outlook regarding ICE’s competitive position or business model.

Earlier, on July 7, UBS lowered its price target on Intercontinental Exchange, Inc. (NYSE:ICE) to $190 from $205 while maintaining a Buy rating. The firm’s revised target similarly reflects updated valuation assumptions, though UBS continues to see attractive long-term opportunities supported by the company’s diversified portfolio of exchange, clearing, and technology businesses. The continued Buy rating underscores confidence in ICE’s ability to generate durable earnings growth through a combination of transaction-based revenue streams and recurring technology-related income.

Founded in 2000 and headquartered in Atlanta, Georgia, Intercontinental Exchange, Inc. (NYSE:ICE) operates a global network of regulated financial exchanges, clearing houses, and technology platforms. The company provides critical infrastructure for trading, risk management, price discovery, and mortgage technology services, serving financial institutions, corporations, governments, and investors around the world.

10. Devon Energy Corporation (NYSE:DVN)

Upside Potential: 40.92%

On July 9, Truist lowered its price target on Devon Energy Corporation (NYSE:DVN) to $61 from $66 while maintaining a Buy rating ahead of the company’s second-quarter results. The firm expects the upcoming quarter to provide investors with the first detailed look at the newly combined organization following its recent acquisition activity. According to Truist, management discussions are likely to focus on planned asset divestitures, with executives previously indicating that sales could occur within months rather than years. The firm also expects investors to closely monitor synergy realization efforts and productivity improvements within the Delaware Basin as integration progresses.

Earlier, on July 8, JPMorgan reduced its price target on Devon Energy Corporation (NYSE:DVN) to $55 from $62 while reiterating an Overweight rating. The firm forecasts total 2026 production volumes of approximately 1.384 million barrels of oil equivalent per day and believes merger integration remains on track. For the second quarter, JPMorgan anticipates modest upside in oil production and EBITDA performance, reflecting operational execution and the early benefits of combining assets and operations.

Founded in 1971 and headquartered in Oklahoma City, Oklahoma, Devon Energy Corporation (NYSE:DVN) is an energy producer focused on the exploration, development, and production of oil, natural gas, and natural gas liquids.

9. Rocket Lab Corporation (NASDAQ:RKLB)

Upside Potential: 42.77%

On June 30, Citizens analyst Trevor Walsh raised the firm’s price target on Rocket Lab Corporation (NASDAQ:RKLB) to $130 from $95 and maintained an Outperform rating following the company’s agreement to acquire Iridium Communications in a transaction valued at approximately $8 billion. According to the analyst, the acquisition significantly accelerates Rocket Lab’s expansion into higher-value space applications and creates a vertically integrated space platform encompassing launch services, spacecraft manufacturing, spectrum ownership, and on-orbit communications capabilities. Citizens believes the combination broadens Rocket Lab’s strategic reach across the rapidly growing space economy while enhancing its ability to serve both government and commercial customers.

Earlier the same day, Roth Capital analyst Suji Desilva raised the firm’s price target on Rocket Lab Corporation (NASDAQ:RKLB) to $130 from $100 and reiterated a Buy rating. The firm views the Iridium acquisition as a transformational step that strengthens Rocket Lab’s position as a fully integrated space infrastructure provider. Roth believes the company’s combination of launch capabilities, satellite manufacturing expertise, and ownership of valuable communications spectrum creates a formidable competitive position relative to major industry players. The analyst also expects Rocket Lab to introduce additional space-based applications over time, increasing the proportion of recurring revenue generated from communications and data services.

Founded in June 2006 and headquartered in Long Beach, California, Rocket Lab Corporation (NASDAQ:RKLB) is an end-to-end aerospace and space technology company that provides launch services, designs and manufactures satellites, and develops critical spacecraft components.

Rocket Lab’s strategic acquisition of Iridium, expanding recurring revenue opportunities, and growing presence across multiple segments of the space value chain position the company to capitalize on long-term growth in the global space industry.

8. Uber Technologies, Inc. (NYSE:UBER)

Upside Potential: 43.00%

On July 6, Wells Fargo lowered its price target on Uber Technologies, Inc. (NYSE:UBER) to $100 from $102 while maintaining an Overweight rating on the shares. The firm expects Uber to deliver another strong quarterly performance and guidance outlook, supported by continued momentum in its core mobility business. While investors remain focused on the potential impact of autonomous vehicle adoption, Wells Fargo believes Uber can sustain solid double-digit growth in U.S. mobility volumes through 2027 even as autonomous ride-hailing competitors expand their fleets. The firm noted that the market will likely require additional evidence demonstrating Uber’s ability to successfully navigate the evolving transportation landscape.

Earlier, on June 24, Uber Technologies, Inc. (NYSE:UBER) announced the addition of several new retail partners to its Uber Eats marketplace, further expanding its on-demand commerce ecosystem. Customers can now purchase products from retailers including Kiehl’s, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet through the Uber Eats, Uber, and Postmates applications. The expansion broadens Uber’s retail offerings beyond restaurants and grocery delivery, strengthening its position as a comprehensive local commerce platform capable of serving a wider range of consumer needs.

Among the strong buy stocks with high upside according to analysts, Uber Technologies, Inc. (NYSE:UBER) was founded in 2009 and is headquartered in San Francisco, California. It operates a global technology platform connecting consumers with transportation, food delivery, and freight services.

7. Expand Energy Corporation (NASDAQ:EXE)

Upside Potential: 44.25%

On July 9, Citi analyst Scott Gruber lowered the firm’s price target on Expand Energy Corporation (NASDAQ:EXE) to $115 from $125 while maintaining a Buy rating on the shares. The revised target primarily reflects changes in commodity price assumptions rather than company-specific concerns. Despite lower near-term energy price expectations, Citi continues to view Expand Energy favorably due to its scale, asset quality, and ability to generate attractive returns within the natural gas sector.

Earlier, on June 29, Morgan Stanley lowered its price target on Expand Energy Corporation (NASDAQ:EXE) to $131 from $139 while maintaining an Overweight rating. The adjustment followed a decline in oil prices after geopolitical developments involving the United States and Iran eased market concerns surrounding potential supply disruptions. Morgan Stanley updated its forecasts to reflect the latest commodity price environment but continues to see value in the company’s operational profile and long-term positioning within the North American energy market.

Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas exploration and production company with corporate offices in both Houston, Texas, and Oklahoma City, Oklahoma. The company was formally established in 2024 following the merger of Chesapeake Energy and Southwestern Energy.

6. Trip.com Group Limited (NASDAQ:TCOM)

Upside Potential: 47.29%

On June 29, BofA lowered its price target on Trip.com Group Limited (NASDAQ:TCOM) to $64 from $78 while maintaining a Buy rating on the shares. Although the company delivered a modest first-quarter earnings beat, investors were disappointed by the absence of a resolution regarding an ongoing antitrust investigation and by management’s softer-than-expected outlook for the second quarter. According to BofA, these factors weighed on sentiment despite the company’s underlying operational performance and continued leadership position within the online travel industry.

Earlier, on June 26, Barclays reduced its price target on Trip.com Group Limited (NASDAQ:TCOM) to $60 from $75 while reiterating an Overweight rating. The firm acknowledged that the company reported solid financial results but expressed concern about its near-term outlook. Barclays noted that recent regulatory pressures in China and higher fuel costs have created headwinds for the travel sector, potentially affecting booking activity and profitability. Despite these challenges, the firm continues to view Trip.com favorably due to its strong market position and ability to benefit from long-term travel demand trends.

Founded in 1999 and headquartered in Singapore, Trip.com Group Limited (NASDAQ:TCOM) is a leading global online travel agency that provides a comprehensive platform for booking flights, hotels, rail tickets, vacation packages, rental cars, and other travel-related services. While analysts have lowered their price targets to reflect near-term regulatory and macroeconomic uncertainties, Trip.com’s strong competitive position, global reach, and continued Buy and Overweight ratings position it among the strong buy stocks with high upside, according to analysts.

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