5 Best IPO Stocks with Huge Upside Potential

4. AEVEX Corp. (NYSE:AVEX)

Average Upside Potential: 78.57%

AEVEX Corp. (NYSE:AVEX) is one of the best IPO stocks with huge upside potential. On July 6, AEVEX announced a $17.5 million follow-on contract to provide mission-focused, data-driven services in support of US national security objectives. The award reinforces the company’s role in delivering specialized expertise and integrating multi-domain solutions to transform complex data into actionable insights for time-sensitive operations.

Before that, on June 30, AEVEX announced the appointment of Murali Krishnan as Chief Growth Officer. Bringing over two decades of executive experience in defense technology and national security, Krishnan will lead the company’s global business development, strategic partnerships, and long-term market expansion initiatives.

In his new role, Krishnan will collaborate with the executive leadership team to accelerate growth across AEVEX Corp.’s (NYSE:AVEX) portfolio of unmanned systems and advanced mission solutions. Previously, he held senior leadership positions at Northrop Grumman, where he oversaw expansive portfolios in space systems, sensor solutions, and strategic growth for defense and civil programs.

AEVEX Corp. (NYSE:AVEX) is a leading US defense firm specializing in autonomous systems, AI-driven software, and advanced electronic warfare for national security. Through rapid prototyping and high-volume manufacturing, the company delivers affordable, front-line-ready solutions designed to maintain technological superiority in contested environments.