13 Best Up and Coming Stocks to Buy Right Now

On October 25, Shannon Saccocia of Neuberger Berman joined ‘Closing Bell’ on CNBC to discuss the latest news affecting markets. Saccocia referred to the rally as the ‘so what shutdown story,’ pointing out that despite moving into another week of a government shutdown, the market received the supportive inflation data release it needed. Although the market has not received the payroll data, she said the Fed can make assumptions on secondary data. She highlighted that the current market has seen a couple of hiccups, including credit concerns and questions about valuations and vendor financing, but has continued to move higher, calling the performance impressive.

Saccocia also said that it took very little in the way of a reset in prices for the market to get back in gear, after a slippage in the gears 2 weeks ago. This slippage was caused by the suggestion of re-escalation on trade, which identified a node of complacency in the market regarding tariff pressures. The market was tested for that, along with the credit hiccups, and buckled a little bit, but didn’t break. Once investors realized the momentum trade was not going to take the entire market down, they received the necessary supportive macro data.

That being said, we’re here with a list of the 13 best up and coming stocks to buy right now.

Our Methodology

We sifted through the Finviz stock screener to compile a list of the top stocks that went public in the last 5 years. We then selected the 13 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q2 2025. The hedge fund data was sourced from Insider Monkey’s database.

Note: All data was sourced on October 27. 

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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

13 Best Up and Coming Stocks to Buy Right Now

13. Toast Inc. (NYSE:TOST)

Number of Hedge Fund Holders: 67

Toast Inc. (NYSE:TOST) is one of the best up and coming stocks to buy right now. On October 24, Truist analyst Matthew Coad lowered the firm’s price target on Toast to $47 from $51 with a Buy rating on the shares. This sentiment was announced as part of the firm’s broader research note that previewed Q3 2025 earnings in the Payments and FinTech sector, as consumer spending has stayed robust in this sector. However, there is speculation that Q4 forecasts for some firms might disappoint the market.

Earlier on October 22, Citi analyst Bryan Keane initiated coverage of Toast with a Buy rating and $51 price target. The firm expects Toast to have over 20% growth rates moving forward, and expects the fintech take rate to be able to rise due to strong pricing power, which will eventually flow to margins.

Toast Inc. (NYSE:TOST) operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally.

12. GE HealthCare Technologies Inc. (NASDAQ:GEHC)

Number of Hedge Fund Holders: 72

GE HealthCare Technologies Inc. (NASDAQ:GEHC) is one of the best up and coming stocks to buy right now. On October 13, BTIG analyst Ryan Zimmerman raised the firm’s price target on GE HealthCare to $89 from $87 and kept a Buy rating on the shares, which came as part of BTIG’s broader research note previewing Q3 2025 results for the MedTech industry. Sentiment in the MedTech sector is currently weighed down, but Zimmerman believes that the near-term quarterly results may be better than feared because most of these headline risks are not expected to take effect until later.

Additionally, on October 20, GE HealthCare announced a collaboration with two prominent US health systems: The Queen’s Health Systems in Honolulu, HI, and Duke Health in Durham, NC, to accelerate the development of its new AI-driven hospital operations software. The solution is a cloud-first SaaS offering that will join GE HealthCare’s CareIntellect family of applications. Both health systems will contribute their frontline clinical and operational expertise to inform the software’s development.

GE HealthCare Technologies Inc. (NASDAQ:GEHC) develops, manufactures, and markets products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the US, Canada, and internationally.

11. Kenvue Inc. (NYSE:KVUE)

Number of Hedge Fund Holders: 72

Kenvue Inc. (NYSE:KVUE) is one of the best up and coming stocks to buy right now. On October 27, Jefferies analyst Keith Devas lowered the firm’s price target on Kenvue to $23 from $25 and maintained a Buy rating on the shares, as the current macroeconomic challenges are impacting consumer health stocks more than the consumer staples sector. Resultantly, Jefferies lowered its price targets and earnings estimates for the entire consumer health coverage ahead of Q3 2025 reports.

Earlier on October 24, Deutsche Bank analyst Stephen Powers also lowered the price target on Kenvue to $18 from $20 with a Hold rating on the shares.

In other news, board member and Starboard Value CEO, Jeff Smith, stated in an interview with CNBC’s David Faber that Kenvue is working to maximize shareholder value by exploring alternatives through a collaborative effort between the management and the board.

Kenvue Inc. (NYSE:KVUE) operates as a consumer health company in the US, Europe, the Middle East, Africa, Asia-Pacific, and Latin America. It operates through three segments: Self Care, Skin Health and Beauty, and Essential Health.

10. Reddit Inc. (NYSE:RDDT)

Number of Hedge Fund Holders: 74

Reddit Inc. (NYSE:RDDT) is one of the best up and coming stocks to buy right now. On October 22, Bernstein analyst Mark Shmulik raised the firm’s price target on Reddit to $190 from $185 and kept a Market Perform rating, as there are no shorts in the digital ad space that the firm sees in Reddit heading into Q3. Bernstein also noted that AI is now a critical determinant of corporate performance in the ad market.

Earlier on October 15, Truist lifted the price target on Reddit to $260 from $225 and kept a Buy rating on the shares. The firm anticipates several near-term to mid-term catalysts, starting with strong Q3 2025 results that will likely hit the high end of expectations and optimistic Q4 guidance.

A day prior, on October 14, Goldman Sachs also raised the price target to $236 from $212 with a Neutral rating on the shares as part of the firm’s research note for Q3 results in the Digital Advertising space. Goldman Sachs announced this change for the same reasons as Bernstein and Truist.

Reddit Inc. (NYSE:RDDT) operates a digital community through a platform that enables users to engage in conversations, explore passions, research new hobbies, exchange goods & services, create new communities & experiences, share laughs, and find belonging.

9. Roblox Corporation (NYSE:RBLX)

Number of Hedge Fund Holders: 75

Roblox Corporation (NYSE:RBLX) is one of the best up and coming stocks to buy right now. On October 17, Roth Capital analyst Eric Handler raised the firm’s price target on Roblox to $146 from $138 and set a Neutral rating on the shares, due to the ongoing strength in Roblox, driven by more sophisticated game development, improved discovery, and better monetization.

Additionally, on October 15, Roblox Corporation and Mattel Inc. announced an expanded collaboration to launch a new series of games on the Roblox platform, continuing Mattel’s strategy of extending physical play into the virtual world. The first major title from the partnership, Monster High, is Mattel’s premier self-published Roblox experience and debuted on October 24. The collaboration will be followed by a dynamic lineup of standalone Mattel games on Roblox featuring other celebrated franchises.

Roblox Corporation (NYSE:RBLX) operates an immersive platform for connection and communication in the US and internationally.

8. Airbnb Inc. (NASDAQ:ABNB)

Number of Hedge Fund Holders: 79

Airbnb Inc. (NASDAQ:ABNB) is one of the best up and coming stocks to buy right now. On October 24, UBS analyst Stephen Ju lowered the firm’s price target on Airbnb to $145 from $148 and kept a Neutral rating on the shares. UBS is concerned about shifts in internet traffic mix as ChatGPT user adoption grows, although the firm believes that Airbnb is the most insulated from this disruption.

A day prior, on October 23, KeyBanc transferred coverage of Airbnb to analyst Sergio Segura, who rates the stock at Sector Weight. Segura believes that Airbnb shares are fairly valued, given the slower expected earnings growth and minimal margin expansion. On this day, KeyBanc initiated coverage on major online travel agencies due to a bullish view on the sector.

Analysts project that global travel demand will grow roughly in line with the global GDP, but they anticipate that online travel platforms will continue to outpace the broader industry. KeyBanc believes that Airbnb’s growth is moderating as the demand for alternative accommodations undergoes a normalization phase.

Airbnb Inc. (NASDAQ:ABNB), together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide.

7. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Holders: 79

Constellation Energy Corporation (NASDAQ:CEG) is one of the best up and coming stocks to buy right now. On October 27, Mizuho analyst Anthony Crowdell raised the firm’s price target on Constellation Energy to $390 from $335 and maintained a Neutral rating on the shares.

On the same day, Wells Fargo initiated coverage of Constellation Energy with an Overweight rating and $478 price target due to the stock’s rising momentum, due to two major drivers: near-term catalysts for the company and a structural tailwind from the tight supply & demand dynamic in the power market. Wells Fargo also initiated coverage of Vistra at the time due to a story similar to Constellation Energy.

Earlier on October 20, JPMorgan also raised the firm’s price target on Constellation Energy to $422 from $391 and kept an Overweight rating on the shares ahead of the company’s Q3 2025 earnings report, as the company’s commercial momentum continues to build.

Constellation Energy Corporation (NASDAQ:CEG) produces and sells energy products and services in the US. It has 5 segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions.

6. Talen Energy Corporation (NASDAQ:TLN)

Number of Hedge Fund Holders: 83

Talen Energy Corporation (NASDAQ:TLN) is one of the best up and coming stocks to buy right now. On October 21, Talen Energy and Eos Energy Enterprises Inc. (NASDAQ:EOSE) announced a collaboration to expand energy storage capacity across Pennsylvania. The partnership aims to meet the state’s escalating demand for electricity, particularly to support the growing infrastructure for AI and cloud computing.

The collaboration will focus on using Eos’s American-made Z3 battery technology, which is a zinc-based battery energy storage system/BESS, alongside Talen’s extensive existing generation portfolio in Pennsylvania. The core goal is to deliver reliable, cost-effective power, enhance grid reliability, and accelerate the Commonwealth’s clean energy transition.

Under the agreement, Eos and Talen will jointly identify and develop multiple storage projects on or near Talen’s existing assets, including operating plants and retired fossil fuel sites in Pennsylvania. These projects are planned to represent multiple gigawatt-hours/GWh of capacity to address the increasing electricity demand driven by planned AI and cloud computing growth.

Talen Energy Corporation (NASDAQ:TLN) is an independent power producer and infrastructure company that produces and sells electricity, capacity, and ancillary services into wholesale power markets in the US.

Eos Energy Enterprises Inc. (NASDAQ:EOSE) designs, develops, manufactures, and markets energy storage solutions for utility-scale, microgrid, and commercial and industrial applications in the US.

5. Robinhood Markets Inc. (NASDAQ:HOOD)

Number of Hedge Fund Holders: 85

Robinhood Markets Inc. (NASDAQ:HOOD) is one of the best up and coming stocks to buy right now. On October 27, CICC initiated coverage of Robinhood with an Outperform rating and $155 price target.

In other news, Barron’s reported on the same day that Robinhood Markets’ robo-advisor, Robinhood Strategies, surpassed $1 billion in assets under management/AUM in just over 6 months following its launch. The platform’s CIO, Stephanie Guild, reported that Robinhood Strategies now has more than 180,000 funded accounts. This success in rapidly attracting assets contrasts with broader struggles within the robo-advisor sector.

Earlier on October 14, Piper Sandler raised the firm’s price target on Robinhood to $155 from $140 while maintaining an Overweight rating on the shares. Piper Sandler found Q3 2025 performance for exchange and trading companies to be mixed.

Robinhood Markets Inc. (NASDAQ:HOOD) operates a financial services platform in the US. Its platform allows users to invest in stocks, ETFs, American depository receipts, options, gold, and cryptocurrencies.

4. Coinbase Global Inc. (NASDAQ:COIN)

Number of Hedge Fund Holders: 87

Coinbase Global Inc. (NASDAQ:COIN) is one of the best up and coming stocks to buy right now. On October 24, JPMorgan analyst Kenneth Worthington upgraded Coinbase to Overweight from Neutral with a price target of $404, up from $342. The firm believes that Coinbase stock trades at a compelling valuation versus rivals. The expected exploration of a Base token to boost growth on the Base blockchain and further expansion of its USD Coin payouts are catalysts for the company.

Furthermore, Coinbase’s launch of the Coinbase US Bitcoin Yield Fund is a notable recent development. The initiative is designed for accredited US investors and focuses on generating stable revenue streams that go beyond traditional spot trading. This addresses investor concerns about revenue diversification.

On the same day, Mizuho Securities analyst Dan Dolev also upgraded Coinbase Global to a Buy today and set a price target of $404.00.

Coinbase Global Inc. (NASDAQ:COIN) operates a platform for crypto assets in the US and internationally.

3. Expand Energy Corporation (NASDAQ:EXE)

Number of Hedge Fund Holders: 93

Expand Energy Corporation (NASDAQ:EXE) is one of the best up and coming stocks to buy right now. On October 20, Kalei Akamine from Bank of America Securities reiterated a Buy rating on Expand Energy, with a price target of $136.00.

Earlier on October 17, Wells Fargo analyst Sam Margolin took over coverage of Natural Gas E&P stocks, which also included Expand Energy with an Equal Weight rating and $120 price target. Margolin projects a structural change in US gas markets over the next decade that should raise the price floor and reduce risk due to the demand from LNG exports and the power consumption of data centers.

William Blair analyst Neal Dingmann initiated coverage of the company on October 14, with an Outperform rating and no price target for similar reasons — Expand Energy has the capacity to address the incremental demand for LNG and data center power.

Expand Energy Corporation (NASDAQ:EXE) operates as an independent natural gas production company in the US. The company acquires, explores, and develops properties to produce oil, natural gas, and natural gas liquids.

2. DoorDash Inc. (NASDAQ:DASH)

Number of Hedge Fund Holders: 100

DoorDash Inc. (NASDAQ:DASH) is one of the best up and coming stocks to buy right now. On October 16, DoorDash announced a new partnership with Waymo to launch an autonomous delivery service in Metro Phoenix, advancing DoorDash’s vision for a multi-modal autonomous future of local commerce. Testing of the new service is currently underway, with plans for a broader commercial launch later in the year.

DoorDash consumers in the Metro Phoenix area may be matched with a fully autonomous Waymo vehicle for deliveries from participating merchants. The orchestration of this service will be handled by DoorDash’s Autonomous Delivery Platform, which manages various delivery methods, including Dashers, robots, drones, and Waymo vehicles.

The service will initially begin with deliveries from DashMart, DoorDash’s owned and operated convenience, grocery, and retail store that also supports DashMart Fulfillment Services, with intentions to expand over time. In addition to the delivery service, the partnership also includes a limited-time $10 Waymo ride promotion for DashPass members in Los Angeles, San Francisco, and Phoenix.

DoorDash Inc. (NASDAQ:DASH), together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the US and internationally.

1. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 106

GE Vernova Inc. (NYSE:GEV) is one of the best up and coming stocks to buy right now. On October 24, Mizuho lowered the firm’s price target on GE Vernova to $660 from $677 with a Neutral rating on the shares. The firm made this price cut due to lower valuation multiples for the wind and nuclear sectors following the earnings report.

On the same day, Wells Fargo analyst Michael Blum raised the firm’s price target on GE Vernova instead from $697 to $717 and kept an Overweight rating on the shares due to the Prolec deal and continued price & backlog momentum for Heavy Duty Gas Turbines.

On October 21, GE Vernova announced its intent to fully acquire the remaining 50% stake of the Prolec GE joint venture from its partner, Xignux, to accelerate growth for GE Vernova’s Electrification segment. This is currently the company’s fastest-growing segment. The deal expands the segment’s presence and strengthens its ability to serve customers, particularly in North America.

GE Vernova Inc. (NYSE:GEV) is an energy company that provides various products and services that generate, transfer, orchestrate, convert, and store electricity in the US, Europe, Asia, the Americas, the Middle East, and Africa.

While we acknowledge the potential of GEV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GEV and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.