5 Stocks Surging On Analyst Recommendations

The US market is green today, reflecting the optimism of the market participants. Some stocks are outperforming the broader market based on analyst recommendations. These recommendations pertain to the stock prospects in 2025 as the economy heads for recovery in a monetary easing environment.

Analyst recommendations often come with insights on the stock based on extensive research by the analysts involved. Even though this research has its limitations and biases, it gives investors an idea of which stocks to bet on to outperform the market.

To come up with a list of stocks that are surging on analyst recommendations, we only considered stocks that received an analyst recommendation in the last 24 hours and have a market cap of at least $1 billion.

5. LegalZoom.com, Inc. (NASDAQ:LZ)

LegalZoom.com, Inc. operates an online platform in the United States. The platform supports small businesses and consumers in fulfilling their legal, compliance, and business management needs. Although the company showed poor performance in the first 10 months of 2024, the worst is over as things start improving for LZ.

LegalZoom.com started rising after receiving an upgrade from J.P Morgan from underweight to overweight, with the target price rising from $8 to $9. Adjusted EBITDA also received a boost, increasing to $167 million from $163 million.

The company is positioned for growth after changing to a software-driven subscription-based business model. As LZ is focusing on AI enhancements, high-potential customers and subscription-based products will likely drive growth and improve EBITDA margins above estimates in 2025.

4. Maplebear Inc. (NASDAQ:CART)

Maplebear (Instacart) has become a hot property as Needham just upgraded the online grocery delivery stock with a target price of $80. The company outperformed in the 2nd half of the past year by raising the expected growth. It is forecasted that it will keep following the trend into 2025 as well.

The news about Instacart replacing Enovis Corp in the S&P MidCap 400 index is helping the stock gain traction. This raised the share price of the company, converting a loss into a gain of 4.6% when the news broke. At this rate, it should continue to gain after being added to the S&P MidCap 400 on January 14.

Instacart also announced a partnership with Cut+Dry to increase case sales and gain growth. To ensure same-day delivery, the company has just declared a partnership with Ulta Beauty. These partnerships will help improve the company’s operations by making it the right choice for customers for their online shopping.