9 Best Healthcare Stocks with the Highest Upside

In this article, we will look at the 10 Best Healthcare Stocks with the Highest Upside.

On October 9, Dr. Vin Gupta, NBC News medical analyst, appeared on CNBC to talk about the government shutdown and its effect on access to healthcare.

Talking about how people are feeling the impact of the shutdown, Dr. Gupta said that the effects of the shutdown are broad-based and happening now, disproportionately impacting the states that supported the president in the most recent elections.

READ ALSO: 8 Large Cap Stocks With More Than 50% Upside and 10 Best Penny Stocks to Buy According to Hedge Funds. 

30% of health services across the countries, he stated, have already announced the shuttering of telehealth services for seniors, beneficiaries on Medicaid, and those on Medicare. 34 million people get their basic primary care access through federally qualified health centers, and they do not have funding as of the date of the shutdown.

Therefore, according to him, the impacts are not going to happen on November 1st or if the ACA tax credits do not get extended, they are happening at the present.

With these trends in view, let’s look at the best healthcare stocks with the highest upside.

Our Methodology

We used stock screeners to make a list of healthcare stocks with high analyst upside potential. We selected the top 10 that were the most popular among hedge funds, as of Q2 2025, and sourced the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund sentiment.

Note: All data was sourced on October 15.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

9 Best Healthcare Stocks with the Highest Upside

9. IDEAYA Biosciences, Inc. (NASDAQ:IDYA)

Analyst Upside: 58.56%

Number of Hedge Fund Holders: 32

IDEAYA Biosciences, Inc. (NASDAQ:IDYA) is one of the best healthcare stocks with the highest upside. Citizens JMP analyst Silvan Tuerkcan released a rating update for IDEAYA Biosciences, Inc. (NASDAQ:IDYA) on October 13, maintaining a Buy rating for the stock with a price target of $45.

IDEAYA Biosciences, Inc. (NASDAQ:IDYA) also received a bullish rating from J.P. Morgan analyst Anupam Rama on September 23, who assigned the stock a Buy rating with a $74 price target.

The analyst based the rating on several promising developments associated with the company’s lead asset, darovasertib, stating that IDEAYA Biosciences, Inc. (NASDAQ:IDYA) is anticipated to release notable updates on darovasertib in several treatment settings. This is expected to support significant value creation.

Darovasertib is a small molecule for patients with uveal melanoma, which is a rare type of eye cancer with considerable unmet medical need.

IDEAYA Biosciences, Inc. (NASDAQ:IDYA) develops oncology-focused precision medicine, focusing on targeted therapeutics for patients selected using molecular diagnostics. The company’s product candidate is IDE196, a protein kinase C inhibitor that targets genetically defined cancers with GNAQ or GNA11 gene mutations.