In this piece we will look at the 5 Best Growth Stocks to Buy With Highest Upside Potential. Please visit 10 Best Growth Stocks to Buy With Highest Upside Potential if you’d like to see an extended list and how we came up with the list of Best Growth Stocks to Buy With Highest Upside Potential.
5. ACM Research, Inc. (NASDAQ:ACMR)
Number of Hedge Fund Holders: 32
Analyst Upside Potential: 64.64%
ACM Research, Inc. (NASDAQ:ACMR) is one of the Best Growth Stocks to Buy With Highest Upside Potential. On April 2, ACM Research, Inc. (NASDAQ:ACMR) announced a major rebranding and organization of the company’s product portfolio. The company is doing this by introducing the ACM Planetary Family, which is a themed structure grouping their tools into eight “planets” based on key steps in the chip-making process.
Management noted that this move is aimed at simplifying the growing portfolio into a cleaner product lineup. CEO of the company, Dr. David Wang, highlighted that it is a strategic evolution to create a structured foundation for technological innovation, scalable product platforms, and global customer expansion.
The eight planets breakdown includes Earth, Jupiter, Venus, Mars, Mercury, Saturn, Uranus, and Neptune series. Each series targets a core manufacturing step from cleaning tools to precise polishing.
Overall, analysts have a bullish sentiment on ACM Research, Inc. (NASDAQ:ACMR) as 6 out of the 7 analysts covering the stock have maintained a Buy rating. Moreover, the average 12 month median price target on the stock suggests more than 64.6% upside from the current level.
ACM Research Inc. (NASDAQ:ACMR), together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally. It also develops, manufactures, and sells a range of packaging tools to wafer assembly and packaging customers.
4. Astera Labs, Inc. (NASDAQ:ALAB)
Number of Hedge Fund Holders: 52
Analyst Upside Potential: 72.28%
Astera Labs, Inc. (NASDAQ:ALAB) is one of the Best Growth Stocks to Buy With Highest Upside Potential. On April 2, Citi lowered its price target on Astera Labs, Inc. (NASDAQ:ALAB) from $250 to $200, while maintaining a Buy rating on the stock. The firm cited that the reduced price target is due to the AI valuations. Moreover, Citi remains bullish on the company’s Scorpio opportunity and believes it remains intact. The firm also noted that Astera Labs stands to gain significantly from the expanding AI scale-up trend, positioning it as a prime beneficiary in AI infrastructure demand.
The analysts explained in the research note that the shift to the PCIe switch business, especially the Scorpio family, will boost earnings significantly by 2028. Moreover, the co-packaged optics will complement rather than replace this core opportunity.
Overall, the narrative around Astera Labs, Inc. (NASDAQ:ALAB) remains bullish as 78% of the 23 analysts covering the stock maintain a Buy rating. The average 12-month price target reflects more than 72% upside from the current level.
Astera Labs, Inc. (NASDAQ:ALAB) provides high-performance connectivity solutions essential for AI data centers, including retimers, switches, and interconnect technologies. With increasing demand for efficient data movement in AI workloads, strong analyst support, and growing recognition as a core enabler of AI infrastructure, the company is well-positioned to deliver substantial long-term growth, supporting a high-upside investment thesis.
3. Affirm Holdings, Inc. (NASDAQ:AFRM)
Number of Hedge Fund Holders: 63
Analyst Upside Potential: 75.11%
Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the Best Growth Stocks to Buy With Highest Upside Potential. The Street has a bullish sentiment on Affirm Holdings, Inc. (NASDAQ:AFRM) as 27 of the 34 analysts covering the stock maintain a Buy rating. Moreover, the analyst’s average 12-month price target suggests more than 75% upside from the current level.
Recently, on March 31, TD Cowen lowered the firm’s price target on the stock from $95 to $80, while maintaining a Buy rating on the stock. The firm cited that they reduced price targets among the consumer finance group as part of their Q1 earnings preview. TD Cowen highlighted that the macro environment has created uncertainty among investors. Moreover, the AI’s impact on employment and the increased gas prices are also creating headwinds for low-income consumers. Despite lowering the price target, TD Cowen named Affirm as one of its top picks in the sector.
Earlier on March 18, Mizuho had reiterated an Outperform rating on Affirm Holdings, Inc. (NASDAQ:AFRM) with a price target of $95. The firm addressed concerns from a Wall Street Journal report on Stone Ridge limiting redemptions on a fund holding Affirm loans. The firm highlighted strong investor demand for Affirm’s loans, noting an asset-backed securities (ABS) issuance was upsized from $500 million to $750 million. Mizuho emphasized Affirm’s short loan durations as an enabler of quick underwriting adjustments to macroeconomic or geopolitical shocks, alongside stable delinquency rates.
Affirm Holdings, Inc. (NASDAQ:AFRM) operates a payment network across Canada, the United States, and internationally. The company’s platform includes a consumer-focused app, a point-of-sale payment solution for consumers, and merchant commerce solutions. It offers BNPL loans, payment solutions, and financial services to consumers and merchants. It was incorporated in 2012 and is based in San Francisco, California.
2. Ambarella, Inc. (NASDAQ:AMBA)
Number of Hedge Fund Holders: 37
Analyst Upside Potential: 81.41%
Ambarella, Inc. (NASDAQ:AMBA) is one of the Best Growth Stocks to Buy With Highest Upside Potential. On March 30, Northland Securities released a research note saying that they have turned incrementally more positive on Ambarella, Inc. (NASDAQ:AMBA). The firm has a Buy rating on the stock with a price target of $101.
The firm noted that the conflict between the US and Iran is expected to have a huge impact on the semiconductor industry and also highlighted that the AI algorithm demand is shifting from Memory to logic. The analysts also pointed out that the disrupted supply chain in Asia and reduced liquidity are also expected to impact AI infrastructure spending.
That said, Ambarella, Inc. (NASDAQ:AMBA) had posted strong results in fiscal Q4 2026. The company grew its quarterly revenue by 20.06% year-over-year to $100.87 million and topped expectations by $700,380. The EPS of $0.13 also exceeded expectations by $0.03.
Ambarella, Inc. (NASDAQ:AMBA) develops low-power system-on-a-chip, or SoC, semiconductors and software for edge artificial intelligence, or AI, applications.
1. ADMA Biologics, Inc. (NASDAQ:ADMA)
Number of Hedge Fund Holders: 38
Analyst Upside Potential: 226.44%
ADMA Biologics, Inc. (NASDAQ:ADMA) is one of the Best Growth Stocks to Buy With Highest Upside Potential. On March 26, Cantor Fitzgerald analyst Kristen Kluska downgraded ADMA Biologics, Inc. (NASDAQ:ADMA) from Overweight to Neutral, without disclosing any price targets.
The analyst said in a research note that the main reason behind the downgrade is dissatisfaction with ADMA’s response to allegations of channel stuffing to inflate Asceniv’s revenues. The analyst noted meeting with investors who are disappointed with the company’s lack of direct communication after the report. The firm sought more specific rebuttals to the claims but noted constraints from ADMA’s quiet period. Moreover, some other key financial red flags included rising days sales outstanding and accounts receivable, signaling potential revenue quality issues.
The report discussed by Cantor Fitzgerald’s analyst in the research report was by Culper Research that alleged ADMA of boosting 2025 revenue by inducing distributors to stock excess Asceniv via rebates and extended terms, masking an underlying -3% decline.
ADMA Biologics, Inc. (NASDAQ:ADMA) is a biopharmaceutical company that develops, manufactures, and markets specialty plasma-derived biologics for the treatment of immune deficiencies and infectious diseases in the United States and internationally.
While we acknowledge the potential of ADMA 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 ADMA and that has 100x upside potential, check out our report about the cheapest AI stock.
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