In this article, we will take a detailed look at stocks with potential to rise 1000 percent.
Stocks that have the potential to rise by 1000% (often called “ten-baggers”) represent a highly sought-after prize among investors due to their outsized impact on overall portfolio returns. A single ten-bagger can not only dramatically enhance long-term performance but also offset losses from numerous unsuccessful investments, underscoring their strategic value within a diversified portfolio. Many consider multi-bagger investments to be easy for the luckiest people and thus see them as just another way of making money fast. However, identifying these exceptional stocks requires more than luck; investors must understand specific traits, such as disruptive business models, substantial market opportunities, and visionary leadership. As the legendary Peter Lynch put it, “The key to making money in stocks is not to get scared out of them; you only need a few good stocks in your lifetime.”
A common misconception is that stocks with 10x potential are exceptionally hard to find, but the truth is that many of the current trillion-dollar stocks have been ten-baggers just recently, with the stock price rising more than 1000% over 5-10 years. A notable example is how the AI megatrend created a couple of multi-baggers, the largest of whom briefly became the most expensive company in the world. Typically, 10x stocks are more frequently discovered among small- and mid-cap companies rather than large-cap. This is largely because smaller companies have greater flexibility, fewer institutional constraints, and significantly more room to grow compared to their already-established larger counterparts. Multi-bagger stocks are commonly found in rapidly expanding sectors such as technology, biotechnology, renewable energy, and other innovative industries. These sectors often feature businesses positioned to benefit from new market trends, technological breakthroughs, or disruptive changes, whereas more traditional industries tend to grow at a slower, more predictable pace, offering fewer opportunities for explosive gains.
READ ALSO: 12 Best Multibagger Stocks to Buy in 2025
How to Find Ten-Baggers?
Finding stocks that could rise 1000 percent requires diligent research, patience, and a strategic approach. Investors should look for companies with strong and sustainable competitive advantages, innovative products or services, high-quality management teams, and scalable business models. A good way to identify the potential for scalability is to assess whether the company’s total addressable market (TAM) has several sources of growth – for instance, it is highly desirable for the company to be able to not only operate in a high-growth market but also constantly expand its TAM by creating new products or entering new markets through strategic acquisitions. An eloquent example is how the AI megatrend created ten-baggers – many technology companies not only experienced significant uplift from AI applications in their core product but also got the opportunity to create new applications that automatically expanded the company’s TAM and potential growth opportunities.
Is the Current Market Favorable for Ten-Baggers?
The recent US stock market volatility and correction have been the main concern of investors as the market entered a risk-off mode in which high-growth stocks are out of favor. The obvious cause of their fears is Trump 2.0 Tariff Turmoil. The new US administration admits that its trade and DOGE policies might cause some economic slowdown in the short run but says they should lead to big gains in the long run. Although markets are not completely buying into such long-term optimism, the new jobs market and consumer confidence data suggest that the US economy still stands strong. We also believe that President Trump has some aces up his sleeve, such as the possibility of lowering the corporate tax rate, which should provide a noticeable uplift for corporate earnings (good for stock prices). The key takeaway for readers is that the recent correction provides more affordable entry points for investments, while the long-term picture remains favorable for continued growth until the end of the Roaring 2020s – a suitable environment to pick stocks with the potential to rise 1000 percent.
Our Methodology
We consulted several reputable sources and analysts’ reports and short-listed 20-30 companies that are predicted to rise at least 1000 percent in the following years. In addition to some reputable sources, we also considered YouTube videos and Twitter threads. Then we compared the list with Insider Monkey’s Q4 2024 proprietary database of hedge funds’ ownership and included in the article the top 10 stocks with the largest number of hedge funds that own the stock.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Rezolve AI Limited (NASDAQ:RZLV)
Number of Hedge Fund Holders: 5
Rezolve AI Limited (NASDAQ:RZLV) is a UK-based technology company that operates a mobile engagement and commerce platform designed to enable brands and retailers to interact with consumers in real time. The company offers solutions that integrate into mobile apps, allowing businesses to deliver personalized content, promotions, and purchasing options directly to users’ smartphones. Its platform leverages location-based services, machine learning, and behavioral analytics to optimize customer engagement and drive conversions.
Rezolve AI Limited (NASDAQ:RZLV) has announced a significant $1 billion Bitcoin-backed treasury program, with an initial allocation of $100 million for Bitcoin acquisition through a wholly owned subsidiary. The company has structured this through a Securities Purchase Agreement that allows for additional closings of up to $900 million over the next three years. For the initial $100 million notes, investors will have the option to convert them into ordinary shares at $3 per share, while future closings will be based on the 20-day volume-weighted average price of the shares.
This initiative is strategically linked to Rezolve AI Limited (NASDAQ:RZLV)’s upcoming AI-driven crypto payment platform, scheduled for launch later this year, which will enable retailers and consumers to conduct Bitcoin, Tether, and other digital asset transactions without merchants facing exchange rate risks. The company’s vision extends beyond viewing Bitcoin as merely a store of value, aiming to transform it into a functional, global currency through its AI-powered platform. With 5 hedge funds owning the stock, RZLV is one of the stocks that will go up 1000 percent.
9. Aeva Technologies, Inc. (NASDAQ:AEVA)
Number of Hedge Fund Holders: 11
Aeva Technologies, Inc. (NASDAQ:AEVA) develops LiDAR sensing and perception systems for autonomous vehicles and industrial applications. The company’s technology is based on proprietary Frequency Modulated Continuous Wave (FMCW) LiDAR, which enables simultaneous measurement of distance and velocity. AEVA’s product portfolio includes 4D LiDAR sensors, such as Aeries II and Atlas, designed to enhance object detection and perception capabilities in dynamic environments. The company operates primarily through partnerships with OEMs, Tier 1 suppliers, and system integrators to integrate its hardware and software into commercial solutions. AEVA ranked sixth on our recent list of 12 Best AI Penny Stocks to Buy According to Hedge Funds. It is one of the stocks that will go up 1000 percent.
Aeva Technologies, Inc. (NASDAQ:AEVA) demonstrated strong commercial momentum in 2024, achieving revenue of $9.1 million with over 100% YoY growth. The company secured significant wins, including a development program with a global top 10 passenger OEM for its next-generation vehicle platform, targeting the start of production in 2027. The company is progressing well with the Daimler Truck production program, having delivered on all milestones for 2024, and remains on track for the start of production in 2026. AEVA unveiled Atlas Ultra, their newest automotive-grade 4D LiDAR with 3x resolution and 35% slimmer packaging compared to the Atlas product.
In the industrial sector, Aeva Technologies, Inc. (NASDAQ:AEVA) partnered with SICK AG to incorporate their FMCW technology into high-precision contactless sensor solutions, with commercial deployments beginning in Q3 2025. Looking ahead to 2025, the company targets revenue growth of 70% to 100% YoY while planning to reduce operating expenses by approximately 10% to 20%. The company maintains a strong liquidity position with $237 million available, including $112 million in cash and a $125 million undrawn facility.
8. Globalstar, Inc. (NASDAQ:GSAT)
Number of Hedge Fund Holders: 13
Globalstar, Inc. (NASDAQ:GSAT) is a satellite communications company that provides mobile voice and data services through a network of low Earth orbit (LEO) satellites. Its products include satellite phones, data modems, and IoT devices used for asset tracking, remote monitoring, and emergency communication in areas lacking cellular coverage. The company serves a range of industries, including energy, transportation, government, maritime, and agriculture. GSAT also offers terrestrial spectrum services using its Band 53/n53 spectrum, enabling private wireless networks. It has a notable partnership with Apple to support satellite-based emergency messaging features on select iPhone models.
Globalstar, Inc. (NASDAQ:GSAT) achieved strong financial performance in 2024, with total revenue increasing 12% to reach a record $250.3 million, exceeding guidance expectations. The company reported a record annual adjusted EBITDA of $135.3 million, representing a 16% YoY increase, with margins improving to 54% from 52% in 2023. Strategic developments included successfully uplifting to the NASDAQ Global Select Market and implementing a 1-for-15 reverse stock split to enhance stock liquidity and marketability. The company received significant investment from its wholesale customer, totaling $913 million, including cash payments of $689 million and in-kind asset contributions.
Looking ahead, Globalstar, Inc. (NASDAQ:GSAT) provided 2025 guidance, projecting revenue between $260 million and $285 million, representing 9% YoY growth at the midpoint. The company expects total revenue to double to $500 million during the first full year of service provided over the extended MSS network, with margins exceeding 54%. Notable operational progress includes the launch of two-way satellite Commercial IoT Solutions and the successful demonstration of a software-defined satellite communications solution with Parsons Corporation. The company’s spectrum position remains strong with unique L&S bands offering almost 4x the spectrum of any other D2D player. With 13 hedge funds owning the stock, GSAT is a stock that can go up 1000 percent.
7. QuantumScape Corporation (NYSE:QS)
Number of Hedge Fund Holders: 22
QuantumScape Corporation (NYSE:QS) is developing solid-state lithium-metal battery technology aimed at enhancing energy density, charging speed, and safety for EVs. Their proprietary design features an anode-free architecture and a solid ceramic electrolyte separator, which collectively improve performance and simplify manufacturing. The company’s first planned commercial product, the QSE-5, is designed to offer high energy density and fast-charging capabilities.
The year 2024 was exceptional for QuantumScape Corporation (NYSE:QS), reinforcing its position as the global leader in solid-state battery technology. The company achieved significant milestones including shipping Alpha-2 samples with advanced packaging and high loading cathodes, ramping up the Raptor separator heat-treatment process, and beginning low-volume B0 production of QSE-5 cells with industry-leading performance metrics – including energy density of 844 watt-hours per liter, fast charging in about 12 minutes, and excellent discharge power and low temperature operation. The company unveiled a cornerstone commercial licensing strategy through its partnership with PowerCo, the battery manufacturing company of the Volkswagen Group, building a 150-plus person joint team working in San Jose, California.
For 2025, QuantumScape Corporation (NYSE:QS) is focused on four key goals: bringing Cobra into baseline production, installing higher-volume cell production equipment, shipping QSE-5 B1 samples for customer testing, and expanding commercial engagements. On the financial front, the company ended 2024 with $910.8 million in liquidity, which includes $128.5 million raised under its at-the-market equity program, extending its cash runway into the second half of 2028. The company forecasts 2025 CapEx between $45 million and $75 million and adjusted EBITDA loss between $250 million and $280 million, representing a reduction in overall spending from 2024 levels.
6. C3.ai, Inc. (NYSE:AI)
Number of Hedge Fund Holders: 25
C3.ai, Inc. (NYSE:AI) is an enterprise artificial intelligence software provider that offers a suite of fully integrated products, including the C3 AI Platform, an end-to-end solution for developing, deploying, and operating enterprise AI applications. The company also provides a portfolio of industry-specific AI applications designed to enable digital transformation across various sectors, such as manufacturing, oil and gas, utilities, financial services, defense and intelligence, and healthcare. The company ranked fourteenth on our recent list of 15 Best Small Cap AI Stocks to Buy Right Now.
C3.ai, Inc. (NYSE:AI) delivered a strong financial performance in Q3 of the fiscal year 2025, with total revenue reaching $98.8 million (a 26% YoY increase) and subscription revenue rising 22% to $85.7 million. The company has deepened its strategic alliances, particularly with Microsoft, AWS, and McKinsey QuantumBlack, expanding its global reach. The Microsoft partnership stood out, producing 28 new agreements across nine industries and driving a 460% quarter-over-quarter increase in deals while also reducing average sales cycle times by nearly 20%. The company secured high-profile contracts with companies such as Shell, Sanofi, ExxonMobil, and GSK, as well as multiple divisions of the US Department of Defense.
In the generative AI space, C3.ai, Inc. (NYSE:AI) closed 20 pilot programs with clients like Mars and Liberty Coca-Cola Beverages, along with various government entities, highlighting its strength in delivering secure, enterprise-ready AI solutions. Looking ahead, management projects Q4 revenue between $103.6 million and $113.6 million, with full-year fiscal 2025 revenue expected to land in the range of $383.9 million to $393.9 million. With a growing product lineup, an expanded partner ecosystem, and increasing demand for enterprise AI, C3.ai, Inc. (NYSE:AI) is well-positioned to capitalize on market opportunities and maintain its upward momentum. With 25 hedge funds owning the stock, AI is one of the stocks that will go up 1000 percent.
5. IonQ, Inc. (NYSE:IONQ)
Number of Hedge Fund Holders: 28
IonQ, Inc. (NYSE:IONQ) is a quantum computing company that develops and operates quantum systems based on trapped ion technology. Its core offering includes cloud-accessible quantum computers that are integrated with major platforms such as Amazon Braket, Microsoft Azure, and Google Cloud. IONQ also develops custom quantum solutions for commercial and government clients across sectors like finance, logistics, and defense. The company focuses on advancing both quantum hardware and software, with a roadmap to increase the number of algorithmic qubits and improve error correction. IONQ ranked 10th on our recent list of 15 Best Small Cap AI Stocks to Buy Right Now.
IonQ, Inc. (NYSE:IONQ) achieved its best year ever in 2024, with full-year bookings growing 47% to $95.6 million and revenue nearly doubling to $43.1 million, exceeding guidance ranges. The company has made significant strategic moves in quantum networking by acquiring Qubitekk and announcing a controlling stake in ID Quantique, which will give IonQ control of nearly 900 patents across quantum key distribution, quantum sensing, quantum networking, and quantum computing. On the technology front, the company delivered its first Forte enterprise system to Quantum Basel and the Air Force Research Lab while making progress on the next-generation varium-based system called Tempo. IONQ is one of the stocks that will go up 1000 percent.
IonQ, Inc. (NYSE:IONQ) is reconfirming its confidence in achieving #AQ 64 by the end of 2025, which will be demonstrated on their next-generation Varium-based system capable of circa 3,000 high-quality gate operations. Looking ahead to 2025, management projects revenue between $75 million to $95 million for the full year, with Q1 guidance of $7 million to $8 million. The company has also launched a $500 million at-the-market facility to accelerate its networking business and create new lines of growth in promising application areas. Notable partnerships and collaborations include work with AstraZeneca on drug discovery, ANSYS in computer-aided engineering, and General Dynamics Information Technology for fraud and anomaly detection solutions.
4. Celsius Holdings, Inc. (NASDAQ:CELH)
Number of Hedge Fund Holders: 33
Celsius Holdings, Inc. (NASDAQ:CELH) is a health-focused beverage company that develops, markets, and distributes fitness energy drinks under the CELSIUS brand. Its products are formulated with ingredients such as caffeine, green tea extract, and vitamins, targeting consumers seeking energy, metabolism support, and active lifestyle benefits. The company’s offerings are sold across multiple channels, including retail, e-commerce, convenience stores, gyms, and mass market outlets, primarily in North America, with a growing international presence.
Celsius Holdings, Inc. (NASDAQ:CELH) achieved significant milestones in 2024, generating close to $1.4 billion in revenue and recently acquiring Alani Nu, the fourth-largest energy drink brand in the country. The combined entity represents a $2 billion pro forma business for 2024. The acquisition of Alani Nu brings strategic advantages, as it targets a predominantly female consumer base with approximately 90% female consumers and demonstrates impressive growth rates of 99% in recent weeks. The company anticipates achieving approximately $50 million in synergies over the next two years from this acquisition.
Celsius Holdings, Inc. (NASDAQ:CELH) has also expanded its international presence, entering Canada, the UK, Ireland, France, New Zealand, and Australia in partnership with Suntory and Pepsi. The company has achieved notable success in these markets, particularly in Canada, where it quickly gained a 5% market share. Looking ahead, management is focusing on driving brand awareness in markets where it doesn’t have a double-digit share, such as South Florida, New York City, and other large states. The company has a robust innovation pipeline and is anticipating 15% to 20% additional gains in retail space this year. The combined market share of Celsius and Alani Nu exceeds 16%, positioning them as a significant competitor to the industry leaders.
3. Upstart Holdings, Inc. (NASDAQ:UPST)
Number of Hedge Fund Holders: 39
Upstart Holdings, Inc. (NASDAQ:UPST) is a financial technology company that provides an AI-powered lending platform designed to improve access to affordable credit while reducing risk for lenders. Its platform uses machine learning models to assess borrower risk beyond traditional credit scores, enabling more accurate underwriting. UPST partners with banks and credit unions, which use its technology to originate personal, auto, and small-dollar loans. The company generates revenue through referral fees, platform usage fees, and loan servicing.
Upstart Holdings, Inc. (NASDAQ:UPST) demonstrated strong performance in Q4 2024, with origination volume growing 33% and revenue growing 35% sequentially, translating to 68% growth in originations and 56% growth in revenue YoY. The company saw remarkable growth across its product categories, with both Auto and HELOC growing approximately 60% sequentially and the small dollar relief product growing 115% QoQ. Financial results for Q4 included revenue from fees of $199 million, up 30% year-over-year and 19% sequentially, while net interest income reached almost $20 million.
Upstart Holdings, Inc. (NASDAQ:UPST)’s funding position strengthened significantly, with increased commitments from private credit partners and a growing roster of lending partners, including a $1.3 billion increase in commitments and a new $150 million personal loan warehouse facility. Looking ahead to 2025, management has set clear priorities: enhancing AI leadership, preparing funding supply for rapid growth, returning to GAAP net income profitability in the second half of the year, and making significant progress toward offering the best rates and processes across all products. For the full year 2025, the company expects total revenues of approximately $1 billion, with an Adjusted EBITDA margin of approximately 18%, and anticipates achieving at least breakeven GAAP Net Income for the year. With 39 hedge funds owning the stock, UPST is one of the stocks that will go up 1000 percent.
2. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders: 64
Palantir Technologies Inc. (NASDAQ:PLTR) is a software company specializing in data integration and analytics platforms for large-scale decision-making. Its core products – Palantir Gotham, Foundry, and Apollo – enable organizations to aggregate, analyze, and visualize complex data from disparate sources. PLTR serves both government and commercial sectors, with applications in defense, intelligence, healthcare, energy, and finance, and operates through long-term contracts and subscriptions, offering its software via cloud, on-premises, and hybrid environments. PLTR ranked ninth on our recent list of 12 Most Widely Held Stocks by Individuals in 2025.
Palantir Technologies Inc. (NASDAQ:PLTR) posted outstanding results in Q4 2024, with revenue climbing 36% YoY and 14% sequentially to $828 million. The US market was a major growth driver, with commercial revenue in the country surging 64% and government revenue rising 45% YoY. The company closed a record 32 deals valued at $10 million or more, contributing to a total contract value of $1.8 billion, up 56% compared to the prior year. PLTR’s AI Platform has been central to this momentum, helping the firm multiply its US commercial customer base nearly fivefold over the past three years. Operationally, the company delivered a stellar Rule of 40 score of 81 and posted its highest-ever adjusted operating margin of 45%.
The financial strength of Palantir Technologies Inc. (NASDAQ:PLTR) continued with adjusted free cash flow reaching $517 million in Q4, representing an impressive 63% margin. The company’s guidance for full-year 2025 points to continued growth, with projected revenue at a midpoint of $3.749 billion – an increase of 31% YoY. The company’s edge lies in its ability to transform artificial intelligence into tangible, high-value solutions rather than just focusing on developing models. Real-world impact includes streamlining a two-week process down to three hours for a global insurance firm and supporting Panasonic Energy North America with AI tools that enhance operations for the production of 5.5 million batteries daily. With 64 hedge funds owning the stock, PLTR is one of the stocks that will go up 1000 percent.
1. Nebius Group N.V. (NASDAQ:NBIS)
Number of Hedge Fund Holders: 66
Nebius Group N.V. (NASDAQ:NBIS) is a European technology company specializing in AI infrastructure and services. Headquartered in Amsterdam, it operates globally with R&D hubs across Europe, North America, and Israel. The company’s core business offers an AI-centric cloud platform designed for intensive AI workloads, providing large-scale GPU clusters, cloud services, and developer tools. Its subsidiaries include Toloka, a data partner for generative AI development; TripleTen, an edtech platform for tech career reskilling; and Avride, which develops autonomous driving technology for self-driving vehicles and delivery robots.
Nebius Group N.V. (NASDAQ:NBIS), which publicly launched less than a year ago, has established itself as the first publicly traded AI specialized cloud. The company successfully raised $700 million in capital through an oversubscribed offering in December, attracting investors like NVIDIA, Accel, and Orbis. Based on existing contracts, the company projects an annualized March run rate revenue of at least $220 million, with additional potential contracts in the pipeline. The company is targeting a December 2025 annualized run rate revenue of $750 million to $1 billion, which management believes is well within reach.
In terms of infrastructure, Nebius Group N.V. (NASDAQ:NBIS) has expanded its data center footprint with facilities in Finland, France, Iceland, and Kansas City, with current capacity reaching around 30,000 GPUs, most of which are H200s. The company has secured facilities potentially scalable to more than 300 megawatts and is working on further expansion, focusing on greenfield sites in the US and Europe. Additionally, NBIS’s business units are showing strong performance, with Avride securing partnerships with Uber and Grubhub, Toloka growing full-year revenue by 140%, and TripleTen doubling its new student additions year-over-year in 2024. For 2025, management projects revenue in the range of $500 million to $700 million, with EBITDA expected to remain negative for the full year but reaching breakeven at some point during the year. With strong guidance ahead, NBIS is one of the stocks with the potential to 10x in the future.
Overall, Nebius Group N.V. (NASDAQ:NBIS) ranks first on our list of the 10 stocks with potential to rise 1000 percent. While we acknowledge the potential of NBIS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NBIS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Buy Now According to Billionaires.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.