Buy Alert: 10 Stocks Analysts Upgraded on Thursday

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4. Maravai LifeSciences Holdings (NASDAQ:MRVI)

Average Upside Potential: 29%

Number of Hedge Fund Holders: 33

KeyBanc upgraded Maravai LifeSciences to Overweight from Sector Weight on November 12 with a price target of $11. The firm pointed to cost cuts that lowered annualized expenses by more than $65 million and to revenue running ahead of expectations this year. Maravai sells reagents and services that researchers use to build drugs, diagnostics, and vaccines. Its TriLink unit makes mRNA products, and its Cygnus unit sells testing kits for biologic drug production.

The company reported third-quarter 2026 results on November 4. Revenue was $45.9 million, up from a year earlier, and mRNA revenue rose 28%. TriLink growth came from demand for Discovery mRNA and GMP consumables, along with its contract manufacturing business. The net loss narrowed sharply, and adjusted EBITDA turned positive after a loss a year earlier.

Chief Executive Officer Bernd Brust said four mRNA customers moved from discovery into clinical-stage manufacturing during the third quarter of 2026. He added that Cygnus posted its sixth consecutive quarter of year-over-year growth. Maravai raised its full-year 2026 revenue guidance to a range of $212.0 million to $216.0 million.

Read our coverage of Maravai LifeSciences Holdings (MRVI) here: what its comeback is really worth to investors

3. Pattern Group (NASDAQ:PTRN)

Average Upside Potential: 33%

Number of Hedge Fund Holders: 29

Jefferies moved Pattern Group up to Buy from Hold on November 12 and raised its price target to $27 from $20. The firm said Pattern’s record of elevated growth among existing brand customers is now joined by larger contributions from new brands, and it sees a path to sustained growth. It raised its 2028 revenue and EBITDA estimates above the consensus. Pattern helps brands sell on online marketplaces, using data and AI to run advertising, pricing, logistics, and fulfillment.

The company reported third-quarter 2026 results on November 4. Revenue reached a record $886 million, up 38% from a year earlier. Net revenue retention among existing brand partners improved from a year earlier. Adjusted EBITDA and net income both grew, and operating cash flow and free cash flow rose over the trailing twelve months.

Pattern said the timing of marketplace promotional events moved some growth out of the third quarter of 2026 and into the second. It now expects 2026 revenue of $3.50 billion to $3.52 billion. Co-founder and Chief Executive Officer Dave Wright said, “We delivered another record quarter.”

For more small-cap ideas, see our list of strong buy small-cap stocks.

2. Anterix (NASDAQ:ATEX)

Average Upside Potential: 58%

Number of Hedge Fund Holders: 25

B. Riley Securities upgraded Anterix to Buy from Neutral on November 12 and raised its price target to $103 from $86. It cited growing demand for spectrum from satellite operators and the potential for better pricing on future spectrum deals. Anterix holds licensed spectrum in the 900 MHz band and works with utilities and other critical infrastructure operators that want private broadband networks.

The company reported results for the second quarter of fiscal 2027, ended September 30, 2026, on November 10. It recorded a $6.1 million gain from exchanging narrowband licenses for broadband licenses in 6 counties. It has about $33.1 million of contracted proceeds outstanding, with about $9.6 million expected during the rest of fiscal 2027. Cash stood at $107.5 million with no debt.

The iPhone 18 Pro and iPhone Duo are the first iPhones built to run on private LTE networks in the 900 MHz band, known as Band 106. On October 29, the Federal Communications Commission advanced a proposal to change its rules on supplemental coverage from space that would consider adding the 900 MHz band.

Readers can find more small caps in our list of the best small-cap stocks with strong balance sheets.

1. Alibaba Group Holding (NYSE:BABA)

Average Upside Potential: 98%

Number of Hedge Fund Holders: 97

DZ Bank upgraded Alibaba to Buy from Hold on November 12 with a price target of $140. Alibaba runs online shopping marketplaces in China and abroad, along with a large cloud business that sits at the center of its AI plans.

Alibaba reported results for the quarter ended June 30, 2026, on August 20. Alibaba Cloud’s external revenue growth accelerated to 45%, and revenue from AI-related products grew at a triple-digit rate for the twelfth quarter in a row. Total revenue rose 9%. The AI push has costs. Customer management revenue in China e-commerce fell 7%, partly because of a new business development program. Capital spending climbed 75%, and free cash flow was an outflow larger than a year earlier.

Chief Executive Officer Eddie Wu said Alibaba’s full-stack AI strategy has put it in a superior position to capture growing demand for AI and AI compute. Alibaba is expected to report its next quarterly results on November 19, and analysts expect earnings of $1.63 per share. Alibaba’s forward price-to-earnings ratio is 10.32.

Read our latest analysis on Alibaba Group Holding (BABA) here: whether it can cover the AI bill

READ NEXT: Amazon (AMZN) vs. Alibaba (BABA): Which AI Bet Is Starting to Pay Off? and Waste Management (WM) vs. Republic Services (RSG): Which Trash Giant Is the Better Buy?

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