In this article, we will discuss the 5 Strong Buy Stocks with High Upside According to Analysts. For deeper discussion and analysis, read 12 Strong Buy Stocks with High Upside According to Analysts.
5. Cerebras Systems Inc. (NASDAQ:CBRS)
Upside Potential: 60.19%
On July 9, Cerebras Systems Inc. (NASDAQ:CBRS) announced a major expansion of its European infrastructure footprint, revealing plans to bring its first European data center capacity online by the end of 2026. The company intends to rapidly scale operations across France and the Nordic region, targeting a total capacity of 200 megawatts by the end of 2027. A portion of this infrastructure is expected to support workloads from OpenAI under the company’s existing partnership. According to management, the expansion will place Cerebras’ high-speed AI inference capabilities closer to European customers, addressing growing demand for locally hosted artificial intelligence compute resources while strengthening the company’s global presence.
Earlier, on June 30, Freedom Capital initiated coverage of Cerebras Systems Inc. (NASDAQ:CBRS) with a Hold rating and a $209 price target. The firm noted that the stock experienced significant volatility following first-quarter results, declining sharply and trading as low as $161. Despite highlighting meaningful operational risks associated with the company’s rapid expansion strategy, Freedom Capital stated that the recent selloff has created a more attractive entry point for investors. The analyst believes the market may now be underappreciating the company’s long-term opportunities within the AI infrastructure sector.
Founded in 2015 and headquartered in Sunnyvale, California, Cerebras Systems Inc. (NASDAQ:CBRS) develops wafer-scale processors and artificial intelligence supercomputers designed to dramatically accelerate AI training and inference workloads. Its proprietary architecture enables customers to process complex AI models more efficiently, positioning the company as a differentiated provider of next-generation computing infrastructure.
4. Boston Scientific Corporation (NYSE:BSX)
Upside Potential: 62.55%
On July 8, Needham analyst Mike Matson lowered the firm’s price target on Boston Scientific Corporation (NYSE:BSX) to $57 from $77 while maintaining a Buy rating on the shares. The adjustment followed management commentary indicating that sales of the company’s WATCHMAN device have slowed, with expectations for sequentially flat sales during the second and third quarters. According to Needham, management attributed part of the slowdown to workflow-related challenges, while the firm believes recent clinical trial developments and reimbursement dynamics may also be affecting growth. Despite these near-term pressures, Needham continues to view Boston Scientific favorably, given its broader portfolio strength and long-term growth opportunities.
Earlier, on July 6, Evercore ISI lowered its price target on Boston Scientific Corporation (NYSE:BSX) to $65 from $78 while reiterating an Outperform rating. In its second-quarter preview of the medical technology sector, the firm highlighted generally healthy procedure volumes and capital spending trends across healthcare markets. While acknowledging some product-specific challenges, Evercore continues to view Boston Scientific as a well-positioned industry leader capable of benefiting from favorable long-term healthcare and medical device demand trends.
Founded in 1979 and headquartered in Marlborough, Massachusetts, Boston Scientific Corporation (NYSE:BSX) is a global medical technology company that develops, manufactures, and markets minimally invasive medical devices. Although analysts have reduced their price targets, Boston Scientific’s diversified product portfolio, strong position in multiple high-growth medical markets, and continued Buy and Outperform ratings support a constructive long-term investment outlook, making it one of the strong buy stocks with high upside according to analysts.
3. Wheaton Precious Metals Corp. (NYSE:WPM)
Upside Potential: 64.72%
On July 6, Jefferies analyst Fahad Tariq lowered the firm’s price target on Wheaton Precious Metals Corp. (NYSE:WPM) to $177 from $182 while maintaining a Buy rating on the shares. The firm noted that gold prices have retreated from recent highs since the first quarter, creating conditions for potential margin compression during the second quarter. According to Jefferies, lower realized gold prices combined with elevated diesel costs are expected to weigh on profitability, shifting investor attention from temporary cost inflation concerns toward commodity price pressure. Despite these near-term challenges, the firm continues to view Wheaton favorably due to the resilience of its streaming model and its leverage to long-term precious metals demand.
Earlier, on June 30, UBS analyst Daniel Major lowered the firm’s price target on Wheaton Precious Metals Corp. (NYSE:WPM) to $150 from $165 while maintaining a Buy rating. Although UBS revised its valuation assumptions to reflect a changing commodity price environment, the continued Buy recommendation underscores confidence in the company’s business model and ability to generate strong cash flow across commodity cycles.
Founded in 2004 and headquartered in Vancouver, British Columbia, Wheaton Precious Metals Corp. (NYSE:WPM) is one of the world’s largest precious metals streaming companies. Rather than operating mines directly, the company provides upfront financing to mining operators in exchange for the right to purchase a portion of future gold, silver, and other metal production at predetermined prices. This structure enables Wheaton to maintain exposure to rising precious metal prices while limiting many of the operational risks associated with mine ownership.
2. Kinross Gold Corporation (NYSE:KGC)
Upside Potential: 72.23%
On July 9, RBC Capital lowered its price target on Kinross Gold Corporation (NYSE:KGC) to $39 from $40 while maintaining an Outperform rating on the shares as part of its second-quarter preview of the gold mining sector. The firm expects a mixed reporting season as miners face difficult sequential comparisons due to lower gold and silver prices and rising operating costs. RBC also highlighted an unusually high volume of project and corporate updates that could contribute to increased volatility across the sector. Nevertheless, the firm emphasized that gold producers remain in a position of financial strength, benefiting from historically strong margins and robust shareholder capital return programs.
Earlier the same day, BofA lowered its price target on Kinross Gold Corporation (NYSE:KGC) to $32.75 from $46 while maintaining a Buy rating. The firm cited reductions to commodity price forecasts, particularly across precious and base metals, which prompted lower earnings estimates and valuations throughout the sector. While BofA expects challenging market conditions to persist through the autumn months, it believes a recovery remains possible as commodity markets stabilize and broader economic conditions improve.
Founded in 1993 and headquartered in Toronto, Canada, Kinross Gold Corporation (NYSE:KGC) is a senior mining company engaged in the acquisition, exploration, development, and operation of gold and silver assets. The company maintains a geographically diversified portfolio of mines and development projects across the Americas and Africa, providing significant exposure to global precious metals markets.
1. Alibaba Group Holding Limited (NYSE:BABA)
Upside Potential: 73.34%
On July 8, Morgan Stanley lowered its price target on Alibaba Group Holding Limited (NYSE:BABA) to $180 from $190 while maintaining an Overweight rating on the shares. Despite the target reduction, the firm remains optimistic regarding Alibaba’s long-term growth prospects, particularly within its cloud computing business. Morgan Stanley expects cloud revenue acceleration to exceed market expectations while forecasting continued margin expansion across key business segments. The firm believes Alibaba’s investments in artificial intelligence and cloud infrastructure position the company to capitalize on growing enterprise demand for digital transformation and advanced computing services.
Earlier, on June 24, Daiwa lowered its price target on Alibaba Group Holding Limited (NYSE:BABA) to $175 from $200 while maintaining a Buy rating. The firm cited disappointing results from China’s 2026 6.18 shopping festival, where overall gross merchandise value growth slowed significantly compared to the previous year. Daiwa pointed to a challenging macroeconomic backdrop, softer consumer spending trends, tighter regulations, and reduced support from national trade-in programs as factors weighing on the broader e-commerce sector. Despite these headwinds, the firm continues to recognize Alibaba’s strong market position and attractive valuation relative to its long-term growth opportunities.
Founded in 1999 and headquartered in Hangzhou, China, Alibaba Group Holding Limited (NYSE:BABA) is a global technology and e-commerce leader operating online retail marketplaces, digital payment ecosystems, logistics networks, cloud computing platforms, and artificial intelligence services. The company serves consumers, merchants, enterprises, and governments across China and international markets through a diversified portfolio of technology-driven businesses.
While we acknowledge the potential of BABA as the best strong buy stock according to analysts, 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 BABA and that has 100x upside potential, check out our report about this cheapest AI stock.
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