The stock market may have run into some turbulence in November, but the S&P 500 is up 17% YTD and is less than 1% of its all-time high. Many investors have already started positioning their assets for 2026, but some investors are still trying to figure out how they want their capital and assets positioned for the new year. Tactical Bulls scours the daily flow of Wall Street analyst research reports each morning — and three stocks stood out as new or revisited ideas in those research reports where analysts believe their shares could rise 50% to 100% in 2026.

Investors should consider that most Buy and Outperform ratings come with 8% to 12% implied upside, or 20% in more aggressive cases for large-cap stocks. And the consensus outlook is now calling for the S&P 500 to rise about 11% in 2026. So — if analysts are calling for 50% to 100% in implied upside, it has to also imply much more risk.

Tactical Bulls always likes to remind investors that no single analyst report should ever be the sole basis to buy or sell a stock. That’s particularly the case if the latest analyst report has the most aggressive calls for implied upside versus other analysts. Investors should also never ignore the reality that analysts sometimes get their thesis wrong. And market and company fundamentals can change in the blink of an eye.

The analyst ratings and price targets mentioned in this report are from each firm mentioned by name. Tactical Bulls does not maintain any formal ratings and price targets on any of the stocks in this report. Also keep in mind that no analyst reports come with assured outcomes, and no money-back guarantees are even issued if the thesis doesn’t hold up or if investors lose money.

Commvault Systems, Inc. (NASDAQ: CVLT) was started as Outperform with a $190 price target at Mizuho, implying more than 50% upside from the $120.99 prior close if its thesis pans out. Commvault is also in the process of a newly announced CFO transition and its 52-week range is $114.46 to $200.68

Oklo Inc. (NYSE: OKLO) is down nearly half from its all-time highs as the market just cannot get enough juice to power all of the AI datacenters. Seaport Global has raised Oklo to Buy from Neutral with a $150 price target. This implies nearly 50% upside from the most recent $104.64 close, as Seaport sees the company’s latest financial update showing clear progress on its business plan in deploying its own advanced fission power plants. Oklo’s 52-week range is $17.14 to $193.84.

Strategy Inc. (NASDAQ: MSTR) has seen more than its share of turmoil with the drop in Bitcoin prices, but the world’s largest holder of Bitcoin just bought another 41 billion worth of Bitcoin over the last week. Bernstein remains very bullish, but admittedly with a significant price target cut. Bernstein maintained its Outperform rating, and the price target cut to $450 from $600 still implies more than 100% upside if its thesis pans out. At $179.00, Strategy’s 52-week range is $155.61 to $457.22.

If you enjoy seeing the more aggressive analyst calls, here are 7 Stocks with 20% to 100% Implied Upside in 2026.