In this article, we will list the 5 Best Turnaround Stocks to Buy in 2026. Please visit 7 Best Turnaround Stocks to Buy in 2026 if you would like to see the extended list and the methodology behind it.
5. Humana Inc. (NYSE:HUM)
On June 8, 2026, Mizuho raised the firm’s price target on Humana Inc. (NYSE:HUM) to $390 from $335 and maintained an Outperform rating on the shares. The firm said the managed care sector is entering a “more stable and predictable” policy environment, with the magnitude and frequency of policy-related surprises likely to moderate from the elevated levels of the past three years. Mizuho said that the backdrop should allow investors to focus on company fundamentals, pricing recovery, and the sector’s embedded earnings power.
On June 3, 2026, Bernstein analyst Lance Wilkes raised the firm’s price target on Humana Inc. (NYSE:HUM) to $425 from $288 and maintained an Outperform rating on the shares. Wilkes said Humana offers attractive EPS upside, with CAGR EPS growth of around 50% driven by Medicare Advantage sector margin recovery beginning this year and Humana-specific Stars recovery in 2028/2029. On June 1, 2026, Humana reaffirmed its FY26 adjusted EPS guidance of “at least $9.00.”
On May 20, 2026, Deutsche Bank upgraded Humana Inc. (NYSE:HUM) to Buy from Hold with a price target of $441, up from $235. The firm cited a stabilizing managed care market and said it expects Humana’s Medicare star ratings to recover.
Earlier, Humana reported Q1 adjusted EPS of $10.31, compared with the consensus of $10.20. CEO Jim Rechtin said the company had a solid start to the year and continues to make progress on customer experience and care.
Humana Inc. (NYSE:HUM) provides medical and specialty insurance products in the United States through its Insurance and CenterWell segments.
4. Halliburton Company (NYSE:HAL)
On June 9, 2026, Halliburton Company (NYSE:HAL) entered into a multi-year agreement with Pampa Energia to support the digital transformation of its operations in Vaca Muerta. Halliburton said the agreement supports Pampa Energia’s strategy to “scale efficiently, strengthen decision-making, and deliver consistent execution within subsurface and operations teams.” Under the agreement, Halliburton will work with Pampa Energia to deploy a digital transformation program covering digital orchestration, high-resolution reservoir modeling, logistics optimization, and energy efficiency management.
On June 3, 2026, Citi raised the firm’s price target on Halliburton Company (NYSE:HAL) to $52 from $47 and maintained a Buy rating on the shares. Citi updated its models in the oil and gas equipment and services group.
Last month, Barclays upgraded Halliburton Company (NYSE:HAL) to Overweight from Equal Weight with a price target of $55, up from $37. Barclays said the energy services sector faces its best setup in 20 years and upgraded its industry view to Positive from Neutral. The firm said that once the “supply shock” ends, oil prices should be structurally higher, with upstream spending accelerating in 2027 and 2028, potentially driving an earnings revision cycle and re-rating for the group.
Halliburton Company (NYSE:HAL) provides products and services to the energy industry worldwide.
3. Molina Healthcare, Inc. (NYSE:MOH)
On June 8, 2026, Mizuho raised the firm’s price target on Molina Healthcare, Inc. (NYSE:MOH) to $215 from $200 and maintained an Outperform rating on the shares. The firm said the managed care sector is entering a “more stable and predictable” policy environment, with the magnitude and frequency of policy-related surprises likely to moderate from the elevated levels of the past three years. Mizuho said the backdrop should allow investors to focus on company fundamentals, pricing recovery, and the sector’s embedded earnings power.
On the same day, JPMorgan raised the firm’s price target on Molina Healthcare, Inc. (NYSE:MOH) to $191 from $169 and maintained a Neutral rating on the shares. JPMorgan updated its healthcare service models.
Last month, Molina Healthcare, Inc. (NYSE:MOH) said in investor day slides that “strong premium growth of 14% to ~$48 billion in 2027 is driven by embedded future revenue.” The company also targeted a 2029 total premium of about $64B.
Molina Healthcare, Inc. (NYSE:MOH) provides managed healthcare services through Medicaid and Medicare programs and state insurance marketplaces in the United States.
2. THOR Industries, Inc. (NYSE:THO)
On June 4, 2026, Loop Capital raised the firm’s price target on THOR Industries, Inc. (NYSE:THO) to $96 from $90 and maintained a Buy rating on the shares. The firm noted that shares traded higher even though the company missed fiscal Q3 consensus earnings expectations and cut its FY26 EPS guidance. Loop said management tied the guidance cut to prolonged industry pressures from macroeconomic and geopolitical headwinds.
On the same day, BofA lowered the firm’s price target on THOR Industries, Inc. (NYSE:THO) to $96 from $120 and maintained a Buy rating on the shares. BofA said the recreational vehicle market remains depressed, with double-digit retail sales declines in each month of 2026, and that Thor’s fiscal Q3 results reflected that backdrop. The firm lowered its estimates following the guidance cut, but said market share and margins could begin to improve in FY27 after recent product line refreshes.
On June 3, 2026, THOR Industries, Inc. (NYSE:THO) reported fiscal Q3 EPS of $1.86, compared with consensus of $1.94, and revenue of $2.78B, compared with consensus of $2.65B. CEO Bob Martin said geopolitical events had a bigger-than-expected impact on the RV selling season, with North American Towable volumes pressured by weaker consumer sentiment and higher material costs from tariff and inflationary pressures. Martin also said the North American Motorized and European segments showed resilience, with fiscal Q3 Motorized net sales up 7.7% and European net sales up 3.6% on a constant currency basis from the prior-year period.
THOR Industries, Inc. (NYSE:THO) designs, manufactures, and sells recreational vehicles and related parts and accessories in the United States, Europe, Canada, and internationally.
1. LATAM Airlines Group S.A. (NYSE:LTM)
On June 3, 2026, JPMorgan analyst Guilherme Mendes initiated coverage of LATAM Airlines Group S.A. (NYSE:LTM) U.S. shares with an Overweight rating and $70 price target. Mendes said JPMorgan prefers Latam over Copa within its Latin America airline coverage, citing the company’s “superior earnings momentum and a lighter balance sheet.” The firm also said the airline space has room to continue gradually re-rating, depending on geopolitical developments and potential stabilization in fuel prices.
On May 12, 2026, Goldman Sachs raised the firm’s price target on LATAM Airlines Group S.A. (NYSE:LTM) to $72.60 from $63.40 previously and maintained a Buy rating on the shares. The update came about a month after Goldman Sachs upgraded Latam Airlines to Buy from Neutral, after assuming coverage of the name. Goldman Sachs said the company has a “solid” financial position and that its higher-income positioning in Latin America should help it withstand current macroeconomic volatility. Goldman Sachs also said Latam Airlines should be able to pass through higher fuel prices to tickets, with potentially lower impact on demand relative to peers.
LATAM Airlines Group S.A. (NYSE:LTM) provides passenger and cargo air transportation services across Latin America, the United States, the Caribbean, Europe, and Oceania.
While we acknowledge the potential of LTM 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 LTM and that has 100x upside potential, check out our report about the cheapest AI stock.
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