In this article, we will look at the 5 Stocks Investors Are Buying Now. For a deeper discussion and an extended list, please see 10 Stocks Investors Are Buying Now.
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5. Firefly Aerospace Inc. (NASDAQ:FLY)
Firefly Aerospace jumped by 16.01 percent on Wednesday to close at $27.53 apiece, tracking a broader optimism for the space industry, amid reports that Elon Musk-led SpaceX is officially going public.
According to a report by The Information, SpaceX is set to submit its final prospectus with regulators as soon as this week, citing sources privy to the matter.
SpaceX is said to be attempting to raise more than $75 billion in what could be one of the largest IPOs in history, potentially valuing the company at $1.75 trillion.
Firefly Aerospace Inc. (NASDAQ:FLY) rallied alongside its counterparts, namely Rocket Lab, AST SpaceMobile, and York Space, following the report.
In other news, Firefly Aerospace Inc. (NASDAQ:FLY) earlier this month announced mixed earnings performance last year, having widened its net losses but markedly expanded its revenues.
According to the company, net loss attributable to shareholders last year increased by 25.6 percent to $333.96 million from $265.81 million in 2024. Revenues, on the other hand, soared by 163 percent to $159.8 million from $60.79 million.
In the fourth quarter alone, net loss attributable to shareholders narrowed by 60 percent to $41 million from $102.9 million, while revenues soared by 541 percent to $57.67 million from $9.03 million.
4. Arm Holdings PLC (NASDAQ:ARM)
Arm Holdings rebounded by 16.38 percent to close at $157.07 apiece, as investors gobbled up shares following news that it is making a foray into chip production and has earned the backing of Meta Platforms for the initiative.
In a statement, Arm Holdings PLC (NASDAQ:ARM) announced its entry into silicon production with the launch of AGI CPU, a new product designed for AI data centers, which is capable of addressing a rising class of agentic AI workloads.
According to Arm Holdings PLC (NASDAQ:ARM), the CPU is capable of translating greater workload density and delivering more than twice the performance per rack versus x86 CPUs, among others.
“For more than three decades, the industry has innovated on the Arm compute platform to deliver scalable, power-efficient computing across hundreds of billions of devices. As AI transforms global computing infrastructure, partners across the ecosystem are asking for ways to deploy Arm technology at scale. In response, Arm is expanding its platform strategy beyond IP and Compute Subsystems (CSS) to include Arm-designed silicon products—giving partners the broadest set of options to build on Arm and enabling faster innovation across the AI ecosystem,” Arm Holdings PLC (NASDAQ:ARM) said.
CEO Rene Haas said that the foray “marks the next phase” and a “defining moment for our company.”
3. Corcept Therapeutics Inc. (NASDAQ:CORT)
Corcept Therapeutics rallied for a second day on Wednesday, soaring 19.66 percent to finish at $40.47 apiece, as investors snapped up shares after securing the green light of the Food and Drug Administration (FDA) to sell its ovarian cancer treatment, Lifyorli.
In an updated report, Corcept Therapeutics Inc. (NASDAQ:CORT) said that the approval was based on the success of its clinical trial, which enrolled 381 patients with platinum-resistant ovarian cancer who had received one to three prior lines of therapy, including Bevacizumab.
During the study, the company found that patients treated with Lifyorli in combination with nab-paclitaxel experienced a 35 percent and 30 percent reduction in death risk and disease progression, respectively, as compared with those patients who took nab-paclitaxel alone.
Lifyorli was also well-tolerated, having only recorded decreased hemoglobin and neutrophils, as well as fatigue, nausea, diarrhea, decreased platelets, rash and decreased appetite, as its adverse effects.
“Today’s approval of Lifyorli is an important first step, but there is much more to explore with this new mode of treatment. We extend our deep appreciation to the patients and healthcare providers who participated in the clinical trials that made this approval possible,” Corcept Therapeutics Inc. (NASDAQ:CORT) CEO Joseph Belanoff said.
Complete results from the trial are set to be presented at the Society of Gynecologic Oncology (SGO) meeting in April.
2. Braze Inc. (NASDAQ:BRZE)
Braze soared by 19.87 percent on Wednesday to finish at $21.60 apiece, after the company posted an upbeat outlook for fiscal year 2027, saying that it expects to officially swing to profitability.
In an updated report, Braze Inc. (NASDAQ:BRZE) said that it is targeting a non-GAAP net income of $69 million to $73 million, or a reversal of its $130.8 million net loss in fiscal 2026.
Revenues are also targeted to grow by 19.8 to 20.5 percent year-on-year to a range of $884 million to $889 million, versus $738 million in the last fiscal period.
Last year, revenues surged by 24 percent from $593 million, primarily driven by new customers, upsells, and renewals.
In the last quarter of fiscal 2026, ending January, Braze Inc. (NASDAQ:BRZE) also widened its net loss by 85 percent to $31.58 million from $17.06 million in the same quarter a year earlier. Revenues, however, grew by 28 percent to $205.17 million from $160.4 million.
On the same day, Braze Inc. (NASDAQ:BRZE) announced plans to repurchase $100 million worth of its shares, $50 million of which are targeted for accelerated implementation.
“As we enter fiscal 2027, our financial profile is sound, and we are pleased that our strong balance sheet and consistent cash generation provide us with the flexibility to invest in our business while returning capital to shareholders. This authorization provides us with the flexibility to opportunistically return capital while maintaining the strong liquidity needed to pursue our ambitious roadmap for durable, profitable growth,” CFO Isabelle Winkles said.
“We are proud of the scale we have achieved and view this share repurchase program as a clear signal of our Board and management team’s confidence in our strategy, our market opportunity, and our ability to execute against our financial goals,” she added.
1. Sarepta Therapeutics Inc. (NASDAQ:SRPT)
Sarepta Therapeutics soared by 34.98 percent on Wednesday to finish at $23.77 apiece, as investors took path from Morgan Stanley’s 25-percent price target upgrade for its stock following strong clinical results from two of its rare disease drug candidates.
In a market note, Morgan Stanley raised its price target for Sarepta Therapeutics Inc. (NASDAQ:SRPT) to $25 from $20, while maintaining an “equal weight” rating for the stock.
The coverage followed the strong results of its SRP-1001 and SRP-1003, in treating patients with facioscapulohumeral muscular dystrophy (FSHD) and myotonic dystrophy type 1, respectively, with results showing a 90 percent reduction of the target protein or mRNA after a single dose, as compared with the 50 to 60 percent range from its competitors.
FSHD and DM1 are rare genetic diseases that are caused by othe verexpression of mutant proteins or toxic mRNA.
“We are pleased that these early clinical results showed high levels of siRNA delivery to muscle, with no saturation of muscle siRNA uptake or dose-limiting safety signals to date. We believe this supports the differentiated potential of this siRNA platform and strengthens our belief that this approach could meaningfully change the treatment landscape for patients with FSHD and DM1,” said Louise Rodino-Klapac, president of the research & development and technical Operations for Sarepta Therapeutics Inc. (NASDAQ:SRPT).
“These preliminary clinical data show consistent dose-dependent increases in plasma and muscle drug exposures across clinical and nonclinical studies and suggest that the αvβ6 integrin-targeting ligand mediates robust siRNA muscle delivery, which we hypothesize will ultimately enable higher dosing and translate into clinical efficacy for patients with FSHD1 and DM1,” she noted.
While we acknowledge the potential of SRPT 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 SRPT and that has 100x upside potential, check out our report about the cheapest AI stock.
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