In this article, we will look at the 5 Stocks Investors Are Watching. For a deeper discussion and an extended list, please see 10 Stocks Investors Are Watching.
Photo by Tima Miroshnichenko on Pexels
5. BridgeBio Pharma Inc. (NASDAQ:BBIO)
BridgeBio saw its share prices jump by 13.22 percent on Tuesday to close at $74.32 apiece, as investors took path from an investment firm’s double-digit price target upgrade for its stock.
In a market report, JPMorgan raised its price target for BridgeBio Pharma Inc. (NASDAQ:BBIO) to $94 from $89 previously, marking a 26 percent upside potential from its latest closing price. It also maintained an “overweight” rating for the stock.
The coverage came amid BridgeBio Pharma Inc.’s (NASDAQ:BBIO) presentation of additional data on the third phase of its clinical trial for BBP-418 in patients with limb-girdle muscular dystrophy type 2I/R9 (LGMD2I/R9), at the MDA Clinical and Scientific Conference in Orlando, Florida on the same day.
According to the company, BBP-418 demonstrated a statistically significant and clinically meaningful 2.6-point improvement in North Star for Dysferlinopathy (NSAD) versus the placebo. NSAD is a clinician-reported outcome measure (ClinRO) of motor performance initially developed and designed for use in the said disease.
The company said that it was recommended by the Food and Drug Administration to pursue traditional approval for the therapy candidate.
BridgeBio Pharma Inc. (NASDAQ:BBIO) is targeting to submit a new drug application in the first half of the year, and officially launch the therapy late this year or in early 2027.
4. VNET Group Inc. (NASDAQ:VNET)
VNET Group soared by 14.71 percent on Tuesday to finish at $11.23 apiece, as investors loaded portfolios ahead of the release of its earnings performance in the fourth quarter and full-year 2025.
According to the company, it would announce its financial and operating highlights before market open on Monday, March 16. A conference call will be held to elaborate on the results.
For the full-year period, VNET Group Inc. (NASDAQ:VNET) is expected to report a 16 to 19 percent growth in total revenues, at a range of 9.55 billion yuan to 9.867 billion yuan.
Non-GAAP adjusted EBITDA is also targeted to be in the range of 2.91 billion yuan to 2.945 billion yuan, or an implied growth of 20 to 21 percent year-on-year.
In recent news, VNET Group Inc. (NASDAQ:VNET) successfully raised $138 million in fresh funds from a private placement of 81 million newly issued Class A shares. Proceeds from the offer were allocated for general corporate purposes, including working capital, capital expenditures, and potential strategic transactions, among others.
Also last month, the company appointed Peter Zhihua Zhang as its new senior vice president for operational finance. He will be responsible for the company’s financial operations and is authorized to review and approve financial statements and related filings for the compliance purposes to the Securities and Exchange Commission and to the Nasdaq exchange.
3. AXT Inc. (NASDAQ:AXTI)
AXT rallied for a second day on Tuesday, soaring 14.89 percent to close at $44.30 apiece, as investors continued to hunt for bargains following last week’s series of losses.
The rally was helped by strong investor confidence after the company posted a highly optimistic outlook for the first quarter of the year, thanks to expected progress on its export permits.
Last year, AXT Inc. (NASDAQ:AXTI) widened its attributable net loss by 83 percent to $21.26 million from $11.6 million in 2024. Revenues also declined by 11 percent to $88 million from $99 million year-on-year.
In the fourth quarter alone, attributable net loss narrowed by 31 percent to $3.5 million from $5.09 million, while revenues dropped by 8 percent to $23 million from $25 million.
“While we are disappointed that we didn’t receive as many export permits in Q4 as we had hoped, we are pleased to report that we have received some permits to date in 2026 and believe we are in a strong position to achieve sequential revenue growth in Q1, driven primarily by growth in indium phosphide for the AI infrastructure build-out,” AXT Inc. (NASDAQ:AXTI) CEO Morris Young said.
“As we enter 2026 as a foundational supplier to this multi-year growth cycle, we are notably broadening our customer base to include Tier-1 companies to which we have previously had limited exposure. We are also on track to double our indium phosphide manufacturing capacity this year and have a strong balance sheet to support our continued business expansion.”
2. NIO Inc. (NYSE:NIO)
NIO Inc. extended its winning streak to a third consecutive day on Tuesday, surging 15.38 percent to finish at $5.70 apiece, as investor sentiment was bolstered by its highly optimistic outlook in the first quarter of the year, with revenues targeted to more than double.
In an updated report, NIO Inc. (NYSE:NIO) said that it is targeting to grow its revenues for the period by 103.4 to 109.2 percent to a range of 24.482 billion to 25.176 billion yuan.
It also projects total deliveries to end between 80,000 and 83,000 units, or an implied growth of 90.1 percent to 97.2 percent from the same quarter of 2025.
The outlook followed NIO Inc.’s (NYSE:NIO) strong performance last year, having narrowed its net losses by 33 percent to 14.9 billion yuan from 22.4 billion in 2024. Total revenues also increased by 33 percent to 87.5 billion yuan from 65.7 billion yuan year-on-year.
In the fourth quarter, the company swung to a net profit of 282.7 million yuan from a net loss of $7.1 billion yuan in the same period a year earlier. Total revenues surged by 76 percent to 34.6 billion yuan from 19.7 billion yuan year-on-year.
1. Figure Technology Solutions Inc. (NASDAQ:FIGR)
Figure Technology soared by 21.29 percent on Tuesday to close at $39.59 apiece, as investors gobbled up shares following an investment firm’s bullish rating for the stock.
In its market report, Mizuho reaffirmed its “outperform” rating for Figure Technology Solutions Inc. (NASDAQ:FIGR), albeit lowering its price target to $55 from $64 previously. Still, the new price target represents a 39 percent upside potential from its latest closing price.
The coverage reflected the investment firm’s optimism for Figure Technology Solutions Inc. (NASDAQ:FIGR) following its recently inked deal with fintech firm Agora Data Inc. for the integration of auto loans into the Figure platform, opening doors for both companies to tap into the $670-billion auto loan total addressable market.
Additionally, Mizuho cheered Figure Technology Solutions Inc.’s (NASDAQ:FIGR) strong earnings performance last year, with net income soaring by 575 percent to $134.28 million from only $19.9 million in 2024. Net revenues climbed by 49 percent to $506.86 million from $340.88 million year-on-year.
In the fourth quarter alone, net income jumped by 156 percent to $15.08 million from $5.89 million, while net revenues soared by 90.8 percent to $159.9 million from $83.8 million.
While we acknowledge the potential of FIGR 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 FIGR and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge fund investor letters by entering your email below.
