These S&P 500 Stocks are Expected to Make Double-digit Comebacks

Dow Jones06-25 20:51

A list of 20 highly rated stocks favored by analysts for gains over the next year includes only one that has risen this year: Nvidia

Netflix, Microsoft and Oracle are on a list of highly rated stocks among the S&P 500 that are expected to rise by at least 45% over the next year, based on consensus price targets among analysts polled by LSEG.

As stocks of specialized hardware makers such as Micron, Sandisk and Western Digital have shot up this year as part of the AI hardware trade, many large players in the information-technology space have taken it on the chin. But a screen of the S&P 500 based on analysts' sentiment shows confidence that Microsoft, Oracle and other big names will come bounce back over the next year.

Stock screens are often based on valuation metrics, such as this one highlighting growth stocks priced as value stocks. But for the following screen, we focused on analysts' ratings and price targets.

Starting with the S&P 500 SPX, we trimmed the initial list to 492 companies covered by at least nine analysts working for brokerage or research firms polled by LSEG. Then we cut the list to 202 companies rated as buy or the equivalent by at least two-thirds of analysts.

The analysts typically set 12-month price targets for the stocks. Here are the 20 with consensus price targets implying the highest upside potential from Wednesday's closing prices:

 
Company                       12-month upside potential implied by consensus price targets  Consensus price target  June 24 price  2026 price change  Forward P/E 
Intuit                                                                                 84%                 $481.85        $262.24               -60%          9.6 
Boston Scientific                                                                      76%                  $78.30         $44.46               -53%         12.6 
Insulet                                                                                73%                 $257.35        $148.88               -48%         20.6 
Trimble                                                                                68%                  $84.03         $50.14               -36%         13.0 
Salesforce                                                                             66%                 $252.98        $152.76               -42%         10.3 
Autodesk                                                                               65%                 $318.17        $192.61               -35%         14.4 
Oracle                                                                                 63%                 $256.48        $157.53               -19%         18.9 
Netflix                                                                                61%                 $115.37         $71.84               -23%         19.3 
Costar Group                                                                           59%                  $47.28         $29.81               -56%         18.8 
Microsoft                                                                              55%                 $565.61        $365.46               -24%         18.8 
ServiceNow                                                                             54%                 $144.03         $93.80               -39%         20.5 
Veeva Systems                                                                          53%                 $246.56        $161.35               -28%         17.0 
Tyler Technologies                                                                     52%                 $433.67        $286.03               -37%         20.6 
Intercontinental Exchange                                                              50%                 $195.52        $130.02               -20%         15.3 
Expand Energy                                                                          50%                 $132.77         $88.60               -20%         10.0 
Nvidia                                                                                 49%                 $295.74        $199.00                 7%         18.8 
Newmont                                                                                48%                 $139.41         $94.04                -6%          8.6 
Meta Platforms                                                                         48%                 $824.87        $557.67               -16%         16.5 
Jack Henry & Associates                                                                47%                 $187.85        $128.06               -30%         17.7 
Las Vegas Sands                                                                        45%                  $69.23         $47.76               -27%         13.5 
                                                                                                                                                     Source: LSEG 

The screen includes forward P/E ratios in the rightmost column. These compare with a weighted forward P/E of 20.3 for the S&P 500, which is down from 22.5 at the end of 2025, according to LSEG.

If you are wondering about this year's highest fliers among the S&P 500, they didn't pass the screen because most of their share prices are higher than the consensus price targets. Here is the same data summary for the 15 stocks in the S&P 500 that have at least doubled this year through Wednesday:

 
Company                         12-month upside potential implied by consensus price targets  Consensus price target  June 24 price  2026 price change  Forward P/E 
Sandisk                                                                                 -16%               $1,604.06      $1,914.46               706%         10.4 
Western Digital                                                                         -18%                 $530.63        $643.83               274%         35.5 
Micron Technology                                                                        22%               $1,280.82      $1,048.51               267%          7.8 
Seagate Technology Holdings                                                              -9%                 $899.77        $993.25               261%         35.7 
Dell Technologies                                                                        10%                 $479.58        $434.06               245%         21.4 
Marvell Technology                                                                      -14%                 $237.91        $276.70               226%         55.9 
Flex                                                                                      8%                 $163.49        $150.72               149%         29.1 
Advanced Micro Devices                                                                   -4%                 $496.71        $519.74               143%         50.4 
Applied Materials                                                                       -11%                 $525.81        $588.97               129%         39.0 
Lumentum Holdings                                                                        32%               $1,108.27        $842.53               129%         46.7 
Teradyne                                                                                 -9%                 $389.46        $427.20               121%         50.0 
Lam Research                                                                            -10%                 $337.58        $374.80               119%         46.9 
Coherent                                                                                 -1%                 $388.86        $392.50               113%         46.9 
Comfort Systems USA                                                                       6%               $2,075.93      $1,954.47               109%         40.1 
Generac Holdings                                                                         -1%                 $279.96        $284.14               108%         28.1 
                                                                                                                                                       Source: LSEG 

All of these stocks are rated buy by at least two-thirds of the analysts covering them. Two of these companies, Flex $(FLEX)$ and Marvell Technology $(MRVL)$, were added to the S&P 500 on Monday.

A stock screen such as the one that produced the first list above is limited to a few data points. If you see any companies of interest here, you should do your own research to form an opinion about the ability of the companies to compete over the long term. One way to begin your research is to click on the ticker symbols for more information.

Don't miss: These six fast-growing stocks sit at the cutting edge of space and military technology

-Philip van Doorn

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

June 25, 2026 08:51 ET (12:51 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment