In this article, we will look at the 5 Stocks to Watch Today. For a deeper discussion and an extended list, please see 10 Stocks to Watch Today.

5. Hut 8 Corp. (NASDAQ:HUT)

Hut 8 saw its share prices jump by 11.55 percent on Monday to close at $52.94 apiece, as investors took path from an investment firm’s highly optimistic outlook for the stock, with a price target representing a 157 percent upside potential.

In a market note, Arete Research issued a “buy” recommendation on shares of Hut 8 Corp. (NASDAQ:HUT), alongside a price target of $136 apiece, reflecting its optimism for the latter’s River Bend data center, which has the potential to generate $17.7 billion in leasing revenues from Google alone.

In December last year, Hut 8 Corp. (NASDAQ:HUT) inked a 15-year leasing deal with Google, which has the potential to generate up to $17.7 billion in revenues if and when the latter exercises all its renewal options.

The base term covers 245 MW of IT capacity for Fluidstack, for $7.7 billion. It also gives the latter the right of first offer for 1,000 MW of capacity in the campus’ future expansion.

The initial data hall is expected to come online in the second quarter of 2027, with additional data halls scheduled in the remainder of next year.

In relation to the lease agreement, Arete Research also underscored Hut 8 Corp.’s (NASDAQ:HUT) low cost of debt for its data center operations.

However, it cautioned against the listed firm’s Bitcoin exposure, having owned 61 percent of American Bitcoin Corp. and maintained its commitment to mining Bitcoins.

4. Intuitive Machines Inc. (NASDAQ:LUNR)

Intuitive Machines soared by 13.91 percent on Monday to finish at $20.31 apiece, as investors took heart from Stifel’s 10-percent price target upgrade for its stock.

In a market note, the investment firm raised its price target to $22 from $20 previously, while maintaining a “hold” recommendation, saying that while it likes the opportunity focused on lunar infrastructure and satellites, it remains cautious over the risk on timing and the outcome of awards.

Intuitive Machines Inc. (NASDAQ:LUNR) posted a highly optimistic outlook for its business this year, with revenues targeted to expand by 328 percent to 376 percent to a range of $900 million to $1 billion.

The outlook builds on its improved earnings performance last year, with net loss attributable to shareholders narrowing by 70 percent to $83.9 million from $284.3 million in 2024. Total revenues, on the other hand, decreased by 7.9 percent to $210 million from $228 million year-on-year.

In the fourth quarter alone, net loss attributable to shareholders shrank by 73 percent to $40 million from $149 million, while revenues declined by 18 percent to $44.78 million from $54.66 million.

“2025 was a transformational year for Intuitive Machines. We completed our second lunar mission, expanded into national security space programs, closed the acquisition of KinetX Aerospace, and announced the acquisition of Lanteris Space Systems. These acquisitions significantly expand our scale, addressable market, and growth opportunities,” Intuitive Machines Inc. (NASDAQ:LUNR) CEO Steve Altemus said.

“[We intend] to invest in expanding its Near Space Network Services and establish a solar system internet independent of Earth. Through investments in the Lanteris platforms, specifically the 1300 series, the company believes it can grow market share in Geostationary Orbit (GEO), expand capability around the Moon, extend capability to Mars, and support emerging high-power on-orbit data processing and edge computing,” he noted.

3. Fastly Inc. (NASDAQ:FSLY)

Fastly soared to a new four-year high on Monday, as investors loaded portfolios amid its participation at a three-day conference where it will showcase its portfolio of security solutions.

At intra-day trading, the stock climbed to a record high of $28.78 before paring gains to finish the session just up by 14.09 percent at $28.75 apiece.

In an update on the same day, Fastly Inc. (NASDAQ:FSLY) said that it would participate in the RSAC 2026 conference on March 23 to 26, where it will present its security solutions.

In other news, Fastly Inc. (NASDAQ:FSLY) announced last week that it renewed its partnership with Dublin-based Bronto IO to respond to a new scale of complexity and solve problems for high-volume log streams like CDN telemetry, “where teams need real-time insight and long-term visibility without blowing the budget.”

Through BrontoScope, Fastly Inc. (NASDAQ:FSLY) customers would be able to get sub-second query performance on terabytes of CDN logs, given its capability to analyze millions of log entries and come up with a hypothesis on affected endpoints, involved servers, and what the error distribution looks like, alongside the probable causes.

It also offers next steps and related queries to continue the investigation.

2. AXT Inc. (NASDAQ:AXT)

AXT Inc. soared to a new all-time high again on Monday, as investors resumed buying positions ahead of the end of the first quarter—supported by the company’s highly optimistic outlook for the said period.

At intra-day trading, AXT Inc. (NASDAQ:AXT) climbed to its highest price of $65.24 before trimming gains to finish the session just up by 18.81 percent at $64.44 apiece.

The confidence was backed by the progress in AXT Inc.’s (NASDAQ:AXT) export permits earlier this year, coupled with continued strong demand in indium phosphide, which boosted expectations for a sequential revenue growth.

Indium phosphide is a high-performance semiconductor primarily used for high-speed electronics, optoelectronics, and photonics, and is crucial for various industries, including fiber optic communications, mobile networks, automotive lidars, and laser technologies, among others.

“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,” said AXT Inc. (NASDAQ:AXTI) CEO Morris Young earlier.

The rally can also be attributed to the overall market optimism following positive developments in the Middle East, with President Donald Trump noting that he had ordered a pause of military strikes on Iran to give way for negotiations.

1. PayPay Corp. (NASDAQ:PAYP)

PayPay soared by 21.16 percent on Monday to close at $24.11 apiece amid strong investor confidence, mirroring a broader market optimism, thanks to positive developments on the global front.

Since it debuted on the Nasdaq on March 12, PayPay Corp. (NASDAQ:PAYP) has already seen its stock price soar by 55 percent from its initial public offering (IPO) price of $16, suggesting strong investor appetite for its stock.

This is partly supported by Macquarie’s issuance of an “outperform” rating last week, saying that the SoftBank-backed financial technology company—being the largest QR payments provider in Japan with 72 million users at present—is positioned to expand beyond digital wallets into the broader financial services such as transfers, savings, lending, and investments, among others.

PayPay Corp. (NASDAQ:PAYP) is a subsidiary of the SoftBank Group, and recently successfully raised  $880 million in fresh funds from the sale of more than 54.98 million American Depositary shares, representing its common shares, during its IPO.

Of the total, more than 31 million shares were offered by the company, while the other 23.9 million shares were sold by its existing shareholder, SVF II Piranha (DE) LLC, an investment fund also controlled by the SoftBank Group.

Shortly after its market debut, PayPay Corp. (NASDAQ:PAYP) expressed its interest in conducting another IPO listing on the Tokyo Stock Exchange. No specific details have yet to be divulged.

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