US stocks edged lower Thursday, snapping a rebound that had lifted the S&P 500 1.3% a day earlier. The S&P 500 fell 0.35% to 7,592.40, the Dow Jones Industrial Average slipped 0.36% to 52,297.09, and the Nasdaq Composite lost 0.39% to 25,366.09, Yahoo Finance reported, as bond yields rose. Traders weighed hot inflation data, the Federal Reserve’s next move and higher oil prices.
Hot Inflation Keeps the Fed in Focus
The week’s moves have been shaped by interest rates. Tuesday’s hotter-than-expected inflation report convinced traders that the Federal Reserve will raise rates next month, Reuters said. According to CME FedWatch, investors fully price in a hike of at least 25 basis points, with a 13.2% chance of a 50-basis-point move. Several Fed officials have said they are open to a more aggressive path, and Wall Street analysts have raised their forecasts for more and bigger hikes, Yahoo Finance said.
Wednesday’s rebound showed how quickly sentiment can swing. The S&P 500 gained 1.3% and the Nasdaq Composite 1.6% after results from an AI cloud company eased worries about the durability of the artificial intelligence trade, Reuters reported, with advancing stocks outnumbering decliners by 1.3 to 1 on the NYSE. The Treasury market was closed for Veterans Day, so bond traders could react only on Thursday.
Oil Adds to the Uncertainty
Thursday brought another pressure point. Oil prices climbed after the president said he was no longer interested in a deal with Iran, the Associated Press reported, which complicates the inflation outlook. Higher energy costs feed into the same inflation numbers the Fed is fighting. Even so, the S&P 500 finished with a modest loss and is up 2.9% for the week.
Retail investors are watching the same swings closely, and Reddit threads tend to cluster around names where the gap between price and analyst expectations looks widest. That gap deserves some care. An average price target is a twelve-month estimate pulled from sell-side analysts, it is often revised after earnings, and a handful of outliers can skew the mean.
Because upside is measured against the current share price, a sharp drop widens it overnight, while a rally shrinks it just as fast. Readers who follow that chatter can browse our list of undervalued stocks to buy according to Reddit. You may also want to read our ranking of oversold AI stocks where Wall Street analysts are spotting 50%-plus upside.
With inflation, the Fed and AI spending all in play, the stocks below sit where the debate is loudest, and each one carries an average analyst target well above its recent price.
Photo by Robb Miller on Unsplash
Our Methodology
To compile this list, we reviewed the stocks drawing the most attention across Reddit’s investing and trading communities. We kept companies with a market capitalization above $10 billion and average upside potential above 80%, based on analysts’ average price target. We then ranked the 10 that qualified in ascending order of average upside potential, as of November 12, 2026. We also list each stock’s number of hedge fund holders as of Q2 2026, from our database of 1,006 hedge funds.
At Insider Monkey, we are obsessed with what hedge funds do. 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. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 612% since May 2014, beating its benchmark by 375 percentage points (see more details here).
10 Stocks With Insane Upside According to Reddit
10. Oracle (NYSE:ORCL)
Market Cap: $384.35 billion
Average Upside Potential: 92%
Number of Hedge Fund Holders: 119
Stephens analyst Brett Huff upgraded Oracle to Overweight from Equal Weight on November 2 and raised his price target to $213 from $185. He said the company’s investor day answered the biggest question hanging over the stock, which is how it will pay for its cloud buildout. With funding for cloud infrastructure capped at $20 billion, he argued, the perceived risk of Oracle Cloud came out of the shares, and free cash flow estimates “went up dramatically.”
That is what investors like. Oracle, which sells database software and cloud infrastructure and hosts AI workloads for OpenAI, put a date on positive free cash flow, the second half of fiscal 2028, and said it expects at least $30 billion in fiscal 2029. It completed a $20 billion at-the-market equity program in the first quarter and will cap further raises at $20 billion through fiscal 2030, split between equity and debt. Fiscal first-quarter revenue grew 30% to $19.3 billion.
The open question is concentration, since much of the revenue behind those estimates depends on OpenAI paying its bills. For the competitive side, see our look at whether Oracle’s moat is widening or narrowing.
9. Marvell Technology (NASDAQ:MRVL)
Market Cap: $144.21 billion
Average Upside Potential: 92%
Number of Hedge Fund Holders: 96
Marvell’s pullback comes from a deal, not from its operations. On November 2 the company agreed to buy Lumentum in a $115 billion all-stock transaction, with each Lumentum share converting into 4.5 Marvell shares. TD Cowen analyst Sean O’Loughlin downgraded Marvell to Hold from Buy the next day and cut his price target to $175 from $350. He pointed to earnings dilution, the risk of buying near the peak of an optical-industry mini-cycle, and doubts that the two companies need to combine. TD Cowen expects mid-single-digit EPS dilution in 2028. BofA Securities also moved to Neutral from Buy on November 3, with a $225 target.
Investors who like the stock point to the base business. Marvell designs the data-center chips and optical components that move data inside AI clusters, and fiscal second-quarter revenue rose 37% to $2.739 billion. Management guided the third quarter to $3.150 billion, plus or minus 5%, and the next report is due on December 1.
The debate is about the price Marvell is paying, not about demand. For the skeptics’ case, see our look at the analysts who will not buy Marvell.
8. Alibaba Group (NYSE:BABA)
Market Cap: $234.74 billion
Average Upside Potential: 98%
Number of Hedge Fund Holders: 97
Alibaba reports September-quarter results on November 19, and analysts have been raising cloud forecasts into the print. Citi analyst Alicia Yap kept her Buy rating and lifted her price target to $193 from $190, expecting cloud revenue to grow 52% to RMB 60.5 billion and a cloud margin of 12.5%, up from her earlier 12%. Morgan Stanley’s Gary Yu kept an Overweight rating and a $180 target last month and left Alibaba as a Top Pick.
Investors like the cloud growth. Alibaba, a Chinese e-commerce and cloud company, saw external cloud revenue rise 45% in the June quarter, but heavy spending on AI and quick commerce cut its fiscal 2026 normalized earnings per ADS by 59%, Yahoo Finance reported.
The stock dropped about 7% Thursday as a reported US rule to block China’s remote access to AI chips weighed on Chinese AI shares. Alibaba has also filed to spin off its T-Head chip design unit for a Hong Kong IPO, according to DigiTimes. The report is the next test of whether cloud growth can outrun the AI losses.
7. CoreWeave (NASDAQ:CRWV)
Market Cap: $31.22 billion
Average Upside Potential: 102%
Number of Hedge Fund Holders: 71
CoreWeave’s third-quarter report on November 10 eased the funding fears that had weighed on the stock. Revenue rose 168% to $3.66 billion, and the company raised its 2026 revenue forecast to $13.0 billion to $13.3 billion. The CEO said CoreWeave will not use the unsecured debt market at current yields, and Bloomberg reported it plans an investment-grade loan of at least $4 billion. The shares jumped about 25% on Wednesday and gave back about 7% on Thursday.
Bank of America analyst Tal Liani kept his Buy rating and $140 target, writing that “CoreWeave’s funding needs are manageable.” Others held back, CNBC reported. Morgan Stanley stayed at Equal Weight with a $70 target, while Deutsche Bank kept a Buy rating and a $125 target.
Investors like the demand picture. CoreWeave, which rents Nvidia-powered computing capacity to AI developers, said its backlog grew to $132.5 billion from about $104 billion at the end of June and that it expects adjusted net income to turn positive in the first half of 2028. Our analysis of CoreWeave’s balance sheet and its backlog takes up the funding question.
6. Micron Technology (NASDAQ:MU)
Market Cap: $903.37 billion
Average Upside Potential: 104%
Number of Hedge Fund Holders: 184
Memory stocks sold off hard last week, and Micron has been recovering. Bernstein analyst Mark Li reiterated his Buy rating and $1,300 price target in early November, arguing that the DRAM shortage is more acute and longer-lasting than expected and that strong contract pricing gives multi-year earnings visibility. KeyBanc analyst John Vinh reiterated his Overweight rating and $1,750 target after CoreWeave’s report, pointing to a recovery in server demand and fourth-quarter DRAM prices rising 15% to 20%.
The numbers explain why investors call the stock cheap. Micron, a leading maker of DRAM and high-bandwidth memory, reported fiscal fourth-quarter revenue of $54.23 billion, up from $11.32 billion a year earlier, and adjusted free cash flow of $33.2 billion. It guided the next quarter to about $61.5 billion. The shares rebounded 11.9% on Wednesday after a sharp early-November drop on worries that Democratic gains in Congress could limit AI data center construction.
The bear case is the memory cycle, which has a record of turning sharply. Our analysis of whether Wall Street is missing something about Micron’s 87% margins looks at how the market values those profits.
5. Strategy (NASDAQ:MSTR)
Market Cap: $48.32 billion
Average Upside Potential: 108%
Number of Hedge Fund Holders: 37
MSCI will remove Strategy from its indexes, which is the biggest news for the stock. In its November review, published late Wednesday, the index provider said the company will leave the MSCI USA Index, and with it the MSCI World and ACWI indexes, at the November 30 close under a new screen for non-operating companies. Funds that track those benchmarks must sell. JPMorgan estimated last year that exclusion could drive about $2.8 billion of outflows. Nothing forces Strategy to sell bitcoin.
Analysts remain supportive. BTIG’s Andrew Harte reiterated his Buy rating and $250 price target on October 30, the day after Strategy reported a record $20.91 billion bitcoin gain for the third quarter. Investors like the balance sheet. The company, a software firm whose main asset is bitcoin, held 848,517 coins as of October 25.
The risks are specific. Strategy sold $348.6 million of bitcoin during the quarter, using $239.9 million for dividends and $108.6 million for buybacks, and its preferred shares carry a 12% dividend rate. Because earnings follow the price of bitcoin, the stock remains a bet on the coin. Our list of the best bitcoin stocks to buy now has more names.
4. AST SpaceMobile (NASDAQ:ASTS)
Market Cap: $13.43 billion
Average Upside Potential: 109%
Number of Hedge Fund Holders: 34
AST SpaceMobile’s third-quarter report on November 9 gave investors mixed evidence. Revenue of $42.3 million fell short of the $45 million to $46 million analysts expected, but management held its 2026 revenue guidance at $150 million to $200 million. With roughly $46 million booked in the first half, reaching the low end requires about $62 million in the fourth quarter. Revenue was still more than triple the $14.7 million of a year earlier, and third-quarter capital spending was guided to $350 million to $425 million, keeping funding in focus.
The shares had already lost about 41% from their peak before the report. AST is building a satellite network meant to deliver broadband straight to ordinary smartphones, and it works with carriers such as AT&T. Investors like the telecom partnerships and growing government demand. Analysts were cooler after the print. UBS cut its target to $43 from $78 on November 10 and kept a Neutral rating, and BofA Securities also reiterated Neutral that day.
Bears focus on execution and competition from larger satellite operators. Our piece on AST’s $1.3B backlog and whether it can build fast enough covers the manufacturing challenge.
3. Nebius Group (NASDAQ:NBIS)
Market Cap: $34.97 billion
Average Upside Potential: 112%
Number of Hedge Fund Holders: 86
Nebius reported third-quarter results Thursday morning, and the numbers beat while the outlook hurt. Revenue rose 571% to $980.8 million, above the roughly $907 million analysts expected, though about $325 million of it was non-recurring. Management narrowed 2026 revenue guidance to $3.0 billion to $3.2 billion from $3.0 billion to $3.4 billion because of third-party capacity delays, raised its 2026 capital spending forecast to about $27 billion, and guided 2027 revenue to $12 billion to $13 billion. It will stop guiding to annualized run-rate revenue after February. The shares fell about 17%.
Investors like the demand signals. Nebius, an Amsterdam-based AI cloud provider, said customers now prepay for capacity and that it expects $10 billion of committed prepayments in 2026. Cash and equivalents rose to $7.4 billion from $3.7 billion at the end of 2025, and the company posted its first operating profit, $50.4 million. Adjusted EBITDA reached $465.8 million, and operating expenses fell to 95% of revenue from 189% a year earlier.
The debate is funding. Capital spending hit $7.3 billion in the quarter, and the question is whether prepayments can cover a buildout this large.
2. Sandisk (NASDAQ:SNDK)
Market Cap: $133.39 billion
Average Upside Potential: 131%
Number of Hedge Fund Holders: 128
Sandisk has fallen about a third in the past month despite record results, even after jumping 13.7% on Wednesday. The market is debating how long NAND pricing can stay this high. Management says its multiyear contract floors still earn about an 80% gross margin and cover about half of fiscal 2027 bits and two-thirds of fiscal 2028 bits. Analysts trimmed targets after the report but stayed bullish. Mizuho’s Vijay Rakesh cut his to $1,900 and kept Outperform, while BofA Securities and Goldman Sachs lowered theirs to $2,000 with Buy ratings, all citing valuation.
Investors like the earnings power. Sandisk, which makes NAND flash storage for data centers, phones and PCs, reported fiscal first-quarter revenue of $11.0 billion, up 23% from the prior quarter, with non-GAAP earnings of $49.51 per share. It guided next-quarter revenue to $12.2 billion to $12.6 billion and earnings to $55 to $57 per share, and announced a $5.0 billion buyback. An 8-for-1 stock split takes effect November 19.
Bears cite cyclicality and the speed of the sell-off, and the stock’s beta of 5.75 shows how violently it trades. For a skeptic’s angle, see our look at whether a peak is already priced into Sandisk’s forward earnings.
1. Cerebras Systems (NASDAQ:CBRS)
Market Cap: $21.88 billion
Average Upside Potential: 154%
Number of Hedge Fund Holders: 78
Cerebras reported third-quarter results Thursday after the close, and the stock jumped as much as 18% in extended trading, CNBC reported. Core revenue grew 70% to $230.9 million, above the $214.7 million analysts expected, and core cloud revenue rose 272% to $144.9 million. The loss was $0.67 per share. Management raised full-year core revenue guidance to $940 million to $960 million and guided fourth-quarter core revenue to $310 million to $330 million.
Cerebras builds wafer-scale AI processors and sells computing as a cloud service. It announced a deal with Microsoft, said two new hyperscalers signed on, and put its contracted data center capacity at 700 megawatts. It expects revenue to triple in 2027, which implies about $2.85 billion, versus $2.92 billion expected.
Investors like the visibility. Cerebras put its remaining performance obligations at $25.4 billion at the end of the second quarter, mostly from OpenAI, and had guided third-quarter core gross margin of 38% to 40%. Culper Research’s short report and the IPO lockup expiry still weigh on the shares. Our analysis of whether Cerebras can turn its $25.4B backlog into high-margin growth looks at the margin question.
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