13 Best Short Squeeze Stocks to Invest In

8. Core Scientific Inc. (NASDAQ:CORZ)

Core Scientific Inc. (NASDAQ:CORZ) ranks among the best short squeeze stocks to invest in. In response to Core Scientific Inc. (NASDAQ:CORZ)’s announcement of about 1.2 gigawatts of approved power capacity for the current year, BTIG increased its price objective for the stock on May 13 from $23 to $33 with a Buy rating.

Core Scientific Inc. (NASDAQ:CORZ) unveiled a new 430-megawatt facility in Hunt County, Texas, with the development increasing Core Scientific’s power infrastructure in the Dallas metropolitan area to roughly 825 megawatts.

Moreover, on May 7, Needham boosted its price target for Core Scientific Inc. (NASDAQ:CORZ) to $29 from $23 with a Buy rating after the company’s Q1 earnings announcement. Core Scientific announced revenue of $115.2 million, which surpassed Needham’s forecast of $106.9 million. The company also revealed a deal to acquire Polaris DS, which is currently contracted for 440 megawatts of gross power.

Core Scientific Inc. (NASDAQ:CORZ) operates digital Bitcoin mining and HPC infrastructure. The company uses its own fleet of computers, called miners, to earn Bitcoin for its own account and also provides hosting services for Bitcoin mining and HPC customers at US-based operational data centers.

7. Figma Inc. (NYSE:FIG)

Figma Inc. (NYSE:FIG) ranks among the best short squeeze stocks to invest in. On May 15, Piper Sandler reduced its price objective for Figma Inc. (NYSE:FIG) to $30 from $35 while keeping an Overweight rating on the company’s shares. The firm cited Figma’s first-quarter results, which showed 46% year-over-year revenue growth and a 5.5% revenue beat.

Figma’s second-quarter revenue growth projection of 40% year-over-year came in 9 percentage points higher than expected. Management also increased the fiscal 2026 revenue growth midpoint to 35% year-over-year, up from around 30% previously.

The same day, Stifel cut its price objective for Figma Inc. (NYSE:FIG) from $30 to $25 while keeping a Hold rating on the company, citing a wait-and-see approach regarding Figma’s AI products. Figma Inc. (NYSE:FIG) disclosed high uptake and usage for its AI products, adding that the implementation of credit restrictions in mid-March led to early growth gains from both credit usage and seat upgrades.

Figma Inc. (NYSE:FIG) provides a browser-based platform for design, prototyping, and building digital experiences.