Key Facts on Stocks Forecasted to Double by 2026
Three stocks—Nebius (NASDAQ: NBIS), The Trade Desk (NASDAQ: TTD), and MercadoLibre (NASDAQ: MELI)—are highlighted as potential candidates to double in value by 2026, amid varying growth trajectories. Nebius, which focuses on AI computing services, anticipates a remarkable annual run rate of $7 billion to $9 billion in revenue by 2026, up from a current $551 million. The Trade Desk, with a current valuation at 18 times forward earnings, could bounce back from its recent slow growth, while MercadoLibre is projected to achieve a 29% revenue growth in 2026 according to 25 Wall Street analysts.
Nebius’s growth potential stems from a growing demand for AI computing power, while MercadoLibre maintains its dominance in Latin American e-commerce despite a recent 20% decline from its all-time high. The stocks could be appealing for investors looking for growth opportunities in the next few years.
