In this article, we will look at the 5 Stocks Gaining Momentum Fast. For a deeper discussion and an extended list, please see 10 Stocks Gaining Momentum Fast.
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5. NextDecade Corp. (NASDAQ:NEXT)
NextDecade saw its share prices jump by 27 percent week-on-week, on strong investor appetite for energy companies that are expected to largely benefit from the ongoing tensions in the Middle East.
The stock rallied alongside its counterparts in the liquefied natural gas (LNG) industry amid ongoing supply disruptions and higher natural gas prices, triggered by the US and Israel’s ongoing war on Iran.
In the past trading week, a missile struck a major gas hub facility in Qatar, which accounts for a fifth of the world’s LNG supply. Economists estimate the attack to result in $20 billion in lost revenues annually, and that even if tensions ease, it would take at least five years to fully repair the damaged facility.
Sentiment for NextDecade Corp. (NASDAQ:NEXT), however, turned more optimistic on expectations of higher profit margins, with industries projected to look elsewhere for their LNG supplies.
NextDecade Corp. (NASDAQ:NEXT) is a US-based producer of LNG and owner of the Rio Grande project, which is currently under development in Texas. The facility is targeted to produce 30 million tons per annum of LNG for supply to its global customers.
4. Tower Semiconductor Ltd. (NASDAQ:TSEM)
Tower Semiconductor managed to eke out a 31.2 percent gain week-on-week, despite ending Friday’s session in the red, as investors took path from its ongoing expansion program in line with its target to tap the $80 billion AI infrastructure market.
Last week saw the company touch a 25-year high of $178.08—a level it last touched in 2001.
In a statement, Tower Semiconductor Ltd. (NASDAQ:TSEM) said that it partnered with Oriole Networks to deliver ultra-low, deterministic-latency networking for scale-up and scale-out AI architectures, built on Tower’s mature silicon photonics platform.
“As AI models continue to scale, requiring increasingly large clusters of processors, achieving high-radix networks with massive bandwidth and low latency becomes increasingly challenging. Leveraging Tower’s advanced silicon photonics platform, Oriole’s edge-switching architecture enables nanosecond optical circuit switching and a passive network core designed to deliver low and predictable tail latency with improved resiliency,” they said.
Ed Preisler, general manager of Tower Semiconductor Ltd.’s (NASDAQ:TSEM) RF Business Unit, said that the company’s partnership with Oriole “is a key step toward bringing AI back-end networking to market that can scale clusters and break through today’s latency wall.”
Also last week, Tower Semiconductor Ltd. (NASDAQ:TSEM) unveiled its latest generation BCD technology designed to address the rapidly increasing power demands of AI data centers as well as advanced mobile PMIC and charger applications.
3. Planet Labs PBC (NYSE:PL)
Planet Labs soared by 36.47 percent week-on-week, as investors took heart from its double-digit revenue growth outlook for fiscal year 2027 despite posting a dismal earnings performance last year.
In its earnings call, Planet Labs PBC (NYSE:PL) announced targets of growing its revenues by 35 to 43 percent to a range of $415 million to $440 million for the current fiscal year, while adjusted EBITDA is expected to either remain flat or increase by $10 million year-on-year.
For the first quarter alone, revenues are targeted at $87 million to $91 million, or an implied growth of 31 percent to 37 percent, while adjusted EBITDA is expected to swing to a loss of $3 million to $6 million, from a $1.2 million profit in the same period a year earlier.
The optimistic outlook overshadowed Planet Labs PBC’s (NYSE:PL) dismal earnings performance last fiscal year, during which net loss doubled to $242 million from $120.7 million year-on-year, dragged by a $161.4 million revaluation loss from fair value changes in relation to warrant liabilities related to stock price appreciation.
Revenues, however, increased by 26.6 percent to $307.7 million from $244 million year-on-year.
“[We] ended the year with $900 million of backlog, representing 79 percent growth year-on-year. With this excellent backlog as well as our healthy pipeline, we project strong growth for this year and beyond,” said Planet Labs PBC (NYSE:PL) Chairman and CEO Will Marshall.
“Consequently, we’re leaning in and investing in the huge market opportunity in front of us. Just as satellite services were transformative last year, we expect AI to be transformative this year, enabling us to unlock massive markets even faster. In all, we’re playing to win,” he added.
2. SolarEdge Technologies Inc. (NASDAQ:SEDG)
SolarEdge soared by 38.7 percent week-on-week, even hitting a new record high on Friday, as investors took path from an investment firm’s 63-percent higher price target for its stock.
In a market note, Jefferies raised SolarEdge Technologies Inc.’s (NASDAQ:SEDG) stock to “hold” from “underperform” previously, while issuing a new price target of $49 versus $30 prior.
The coverage was based on higher European TTF gas prices, which have already soared by 94 percent in just the past few weeks since the ongoing geopolitical tensions began. This, it said, could potentially boost demand in solar to get spared from higher power prices from conventional resources such as oil and natural gas.
In other news, SolarEdge Technologies Inc. (NASDAQ:SEDG) on Thursday unveiled its next-generation three-phase product in Germany.
Called SolarEdge Nexis, the new product brings together a new three-phase inverter up to 20kW, a modular battery system, and full-home backup capabilities into a simple-to-install four-component solution ideal for the German market.
1. Babcock & Wilcox Enterprises Inc. (NYSE:BW)
Babcock & Wilcox soared by as much as 44.4 percent week-on-week, even hitting a new 7-year high on Friday, as investors took path from an investment firm’s 70-percent price target upgrade for its stock.
Earlier in the week, Northland raised its price target for the stock to $17 from $10 previously, while keeping an “outperform” rating.
It said that the revision was to better reflect what the firm sees as the value in relation to the long-term potential of building new power assets.
Babcock & Wilcox Enterprises Inc. (NYSE:BW) earlier this month said that it has officially secured the green light for the development of a $2.4 billion power generation project for Base Electron to supply power to Applied Digital Corp.’s AI factory campuses.
Under the agreement, Babcock & Wilcox Enterprises Inc. (NYSE:BW) will engineer, procure, and construct four 300-MW natural gas-fired boilers and steam turbine generator systems for Base Electron, a company backed by Applied Digital.
Meanwhile, it tapped Siemens Energy to design and supply the steam turbine generator sets.
In other news, Babcock & Wilcox Enterprises Inc. (NYSE:BW) announced a strong earnings performance last year, with net loss attributable to shareholders shrinking by 39 percent to $36.2 million from $59.9 million in 2024. Revenues inched up by 1.1 percent to $587.7 million from $581 million year-on-year.
While we acknowledge the potential of BW 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 BW and that has 100x upside potential, check out our report about the cheapest AI stock.
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