In this article, we will look at the Top 5 Stock Picks for 2026 from ARK Invest’s Stock Portfolio. For a deeper discussion and an extended list, please see ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026.
5. Palantir Technologies Inc. (NASDAQ:PLTR)
Stake Value as of Q4 2025: $574,470,332
Number of Hedge Fund Holders: 89
Palantir Technologies Inc. (NASDAQ:PLTR) is among the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026. Following a sharp slump at the beginning of 2026, primarily due to valuation concerns, the stock is staging a recovery amid intensifying geopolitical tensions.
The company’s shares have returned over 14% in the last five days as of the close on March 4, with a major surge following the US-Israeli attacks on Iran, reinforcing its strong position in the defense industry.
The positive outlook is also being noticed on Wall Street. On March 3, Rosenblatt lifted its price target on the stock to $200 from $150, citing rising demand for wartime solutions. The firm maintained its Buy rating.
Late last month, the U.S. government ordered all federal agencies to stop using Anthropic’s AI technologies with a six-month phase-out time. According to TipRanks, Rosenblatt believes this presents an opportunity for Palantir Technologies Inc. (NASDAQ:PLTR) if the government decides to switch to the company’s large language models.
Rosenblatt’s analyst John McPeake expects the ongoing turmoil in the Middle East to demonstrate the strength of Palantir Technologies Inc. (NASDAQ:PLTR)’s solutions compared to the offerings of other competitors.
The analyst recalled Palantir’s $10 billion enterprise agreement with the U.S. military last year that consolidated 75 contracts into one, and added that current circumstances could lead to further such deals.
Palantir Technologies Inc. (NASDAQ:PLTR) is a technology company that builds software platforms for counterterrorism investigations and operations.
4. Coinbase Global, Inc. (NASDAQ:COIN)
Stake Value as of Q4 2025: $574,831,688
Number of Hedge Fund Holders: 64
Coinbase Global, Inc. (NASDAQ:COIN) is among the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026. On March 2, Barclays analyst Benjamin Budish maintained the firm’s Equal-Weight rating on the stock with a price target of $148.
Barclays lowered the firm’s price target on Coinbase (COIN) to $148 from $258 and keeps an Equal Weight rating on the shares post the Q4 report. The company’s revenue and adjusted EBITDA missed estimates, and the Q1 outlook was largely below expectations, the analyst told investors in a research note. The firm says Coinbase management remains confident in its longer-term goals. It brought down estimates “meaningfully” post the print.
For Q4 2025, the company missed revenue and adjusted EBITDA estimates, and its first-quarter 2026 forecast fell short of Wall Street’s estimates. Moreover, the company reported a loss per share of $2.49, while analysts expected a profit of 55 cents per share. This marked Coinbase Global, Inc.’s (NASDAQ:COIN) first quarterly loss since Q3 2023 and was largely driven by lower trading volumes on the cryptocurrency exchange amid a broad digital-asset selloff.
As of the close of business on March 4, Coinbase Global, Inc. (NASDAQ:COIN) is a Moderate Buy with an average share price upside potential of 26.43%.
In other news, while the stock has struggled so far in 2026 and is down nearly 8% year-to-date, shares surged 14.57% on Wednesday after President Trump publicly announced his backing of the cryptocurrency sector in their ongoing battle with banks over whether they can offer returns similar to interest on stablecoins.
Coinbase Global, Inc. (NASDAQ:COIN) provides a platform for users to engage in various activities with their crypto assets. It also offers crucial technology and infrastructure for the crypto economy, allowing developers to build crypto products and accept assets as payment.
3. Roku, Inc. (NASDAQ:ROKU)
Stake Value as of Q4 2025: $638,109,775
Number of Hedge Fund Holders: 76
Roku, Inc. (NASDAQ:ROKU) is among the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026. As of the close on March 5, it sports a Strong Buy rating with an upside potential of 32%.
Recent updates include Seaport Global analyst David Joice, who on February 15 kept a Buy rating on the stock with a price target of $130.
Earlier on February 13, Rosenblatt upgraded Roku, Inc. (NASDAQ:ROKU) to Buy from Neutral and lifted its price target to $118 from $106. According to TipRanks, the firm’s analyst noted the company’s strong performance in Q4 2025.
The company’s platform revenue grew 18% year-over-year in Q4 to $1.22 billion, beating estimates of $1.18 billion. Diluted EPS came in at $0.53 against expectations of $0.28.
Moreover, Rosenblatt noted an upbeat forecast for the first quarter and full year 2026 that exceeded Wall Street’s expectations, as the company pinned hopes on a broader shift towards ad-based streaming.
Rosenblatt believes the forecast appears achievable once again. Moreover, the firm said that Roku, Inc. (NASDAQ:ROKU) is severely undervalued, given its EBITDA expansion.
Roku, Inc. (NASDAQ:ROKU) operates a television streaming platform that provides viewers with access to their preferred content, enables content publishers to build and monetize audiences, and allows advertisers to engage with customers.
2. Shopify Inc. (NASDAQ:SHOP)
Stake Value as of Q4 2025: $640,483,134
Number of Hedge Fund Holders: 101
Shopify Inc. (NASDAQ:SHOP) is among the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026. On February 27, RBC Capital analyst Paul Treiber reiterated an Outperform rating on the stock with a share price target of $170.
This is a reaffirmation of the firm’s earlier adjustment on February 12, when it slashed the price target to $170 from $200, citing the ongoing share price downturn amid broader concerns about AI disruption in the industry, while noting that the analyst expects the company to benefit from AI.
RBC Capital maintained its Outperform rating on the shares. The firm had also noted Shopify Inc. (NASDAQ:SHOP)’s ‘fundamentally strong’ results during the holiday quarter. The company’s revenue came in at $3.67 billion, beating estimates of $3.59 billion.
However, it narrowly missed out on earnings expectations by three cents due to its ongoing global expansion, investments in AI tools, and increased marketing expenses, all of which combined to dent profitability.
For Q1 2026, the e-commerce giant anticipates revenue to grow in the low 30s, well above Wall Street’s growth forecast of 25.1%, as the company expects to benefit from its enhanced AI focus and resilient consumer spending.
As of the close of business on March 5, the stock is a Strong Buy, with an average upside potential of 21%.
Shopify Inc. (NYSE:SHOP) provides an e-commerce platform over the Internet that allows businesses to sell online and in person.
1. Tesla, Inc. (NASDAQ:TSLA)
Stake Value as of Q4 2025: $1,310,705,149
Number of Hedge Fund Holders: 137
Tesla, Inc. (NASDAQ:TSLA) is among the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026. On March 4, Bank of America resumed coverage on the stock and upgraded it to Buy from Hold.
The firm also assigned a price target of $460, representing nearly a 16% upside from Wednesday’s close.
Analyst Alexander Perry wrote in a research note that he considers the company a leader in the autonomous driving space, given its ability to expand the business more profitably compared to peers in the industry.
Perry expects autonomous vehicles to shape the future of mobility, enabling consumers to travel safely and quickly in a more accessible manner. The BofA analyst sees significant opportunities ahead for Tesla, Inc. (NASDAQ:TSLA) as it gears up to launch the Robotaxi in seven new markets during the first half of 2026.
Perry was quoted as saying the following by CNBC:
The standard technology used in the autonomous industry is multi‑sensor fusion approaches (LiDAR/radar/cameras), whereas Tesla’s camera‑only approach is technically harder but much cheaper and leverages a consumer‑fleet data engine. Tesla’s strategy should allow it to scale more profitably compared to Robotaxi competitors, while the lack of drivers gives it a cost advantage vs. rideshare players.
Despite BofA’s recent bullish outlook, Wall Street remains cautious on the stock with a consensus Hold rating and anticipates a slight 1.5% downside in its share price as of the close on March 5.
On the same day as BofA’s update, Barclays reiterated its Equal-Weight rating on the stock with a price target of $360.
Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company. It is a pioneer in the EV industry and has significantly contributed to the global shift toward sustainable transportation through its electric cars.
While we acknowledge the potential of TSLA 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 TSLA and that has 100x upside potential, check out our report about the cheapest AI stock.
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