Here are six ASX 200 stocks that analysts believe could significantly outperform the market in the coming year.
All six are assigned strong buy ratings by brokerage firms, with projected gains of up to 227%.
Goodman Group Ltd (ASX: GMG)
The company holds strategic industrial land in major urban centers and is increasingly focusing its development pipeline on data center projects.
Despite broader concerns over property valuations and global economic growth, Goodman has recently reaffirmed its fiscal year 2026 guidance, aiming for at least 9% growth in earnings per security.
This outlook has helped sustain market interest.
Data indicates a majority of analysts maintain a strong buy rating on the stock, forecasting a potential 24% upside to a maximum price target of $40 over the next twelve months.
Aristocrat Leisure Ltd (ASX: ALL)
The company has secured a dominant position in the gaming industry and reported a positive first-half result last month.
It achieved a 6.4% increase in normalized revenue and a 14% rise in normalized EBITA on a constant currency basis, while also expanding its on-market share buyback program by $1 billion.
Analysts remain highly optimistic about further share price appreciation in the next year.
Most maintain a strong buy rating, projecting a potential 33% upside to a maximum target price of $69.40.
Yancoal Australia Ltd (ASX: YAL)
This ASX 200 coal stock has delivered strong performance this year, supported by better-than-expected production figures and robust demand for metallurgical coal used in steelmaking.
Brokers believe the miner's shares have further room to climb over the next 12 months.
Again, the majority assign a strong buy rating, with a maximum price target of $14.16 implying a potential upside of 133%.
Evolution Mining Ltd (ASX: EVN)
Shares of this ASX 200 gold miner have benefited from a recent rebound in gold prices, as easing geopolitical tensions alleviated fears of an energy-driven inflation spike.
Evolution recently reported solid growth in both gold and copper reserves, alongside encouraging exploration results.
Analysts forecast a maximum target price of $19.55 over the coming year, suggesting a potential 48% upside from current levels.
Qantas Airways Ltd (ASX: QAN)
Shares of the national airline were under pressure earlier this year but have staged a notable recovery over the past month.
This rebound is attributed to stronger-than-expected travel demand and a declining oil price, influenced by geopolitical developments.
Brokers project a maximum target price of $12.80, indicating a potential gain of up to 29%.
Xero Ltd (ASX: XRO)
It has been a challenging year for this ASX 200 technology stock following a broad sector sell-off that drove its share price lower.
However, the company benefits from a highly loyal subscription customer base and strong retention rates, leading to relatively predictable revenue streams.
As a player in a market with significant room for expansion, it also possesses substantial long-term growth potential.
Most analysts maintain a strong buy rating on the shares, forecasting a potential upside of up to 227% to a maximum target price of $237.40.

