3 Best Growth Stocks with Over 30% Upside to Buy in April 2026, According to Analysts

Markets are entering April with improving sentiment as hopes rise for easing geopolitical tensions. With this backdrop, analysts see meaningful upside in several high‑quality growth names. Three stocks in particular, MP Materials MP +0.89% ▲ , Spotify SPOT -1.34% ▼ , and Alaska Air ALK +4.16% ▲ , stand out with over 30% upside potential due to rising demand, improving fundamentals, and strong long‑term growth potential.

End of Quarter Sale - 50% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions

• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

1. MP Materials (MP)

MP Materials is a leading U.S. producer of rare earth elements essential for EVs, defense systems, and advanced electronics. As the U.S. pushes to secure domestic sources of rare earth elements, MP Materials sits at the center of that effort.

Analysts see upside potential for MP Materials thanks to rising demand for rare earths from EVs and clean-energy technologies, stronger U.S. policy support for domestic mineral production, and expanding processing capabilities that lift long-term profitability.

Over the past five years, the company’s revenue has grown at a CAGR of 19%. Importantly, TipRanks AI Analyst expects MP’s revenue to grow by 26.44%, compared with the Basic Materials sector’s average of 2.86%.

Wall Street’s consensus rating for MP stock is a Strong Buy based on eight Buys. The average analyst price target of $78.57 implies an upside potential of 60.35% from current levels.

2. Spotify (SPOT)

Spotify has evolved from a music-only service into a broader audio platform, and that shift is now showing up in its financials. The company is adding subscribers, improving margins, and seeing stronger ad revenue from podcasts and new audio formats.

Spotify is benefiting from strong subscriber growth across both premium and ad-supported tiers, improving profitability as content costs level out, and a growing ad business fueled by podcasts and new creator tools.

Its revenue increased at a CAGR of over 17% in the past five years. According to TipRanks AI Analyst, SPOT’s revenue is expected to grow by 14.1% in comparison to the Communication Services sector’s average of 2.83%.

On TipRanks, analysts have a Strong Buy consensus rating on Spotify stock based on 19 Buys and five Holds assigned in the past three months. Further, the average SPOT stock price target of $645.96 per share implies 34.93% upside potential.

3. Alaska Air (ALK)

Alaska Air is a key player in the airline sector thanks to tight cost control, steady travel trend, and improving capacity. With travel staying resilient and fuel prices stabilizing, the company is set up for meaningful earnings growth.

Analysts see upside for Alaska Air thanks to solid demand across both leisure and business travel, a stronger balance sheet than some peers, and improving margins as capacity normalizes and costs ease.

The company’s revenue has grown at a five-year CAGR of 32%. ALK’s revenue is expected to rise by 31.5%, according to TipRanks AI Analyst. This compares favorably with the Industrials sector’s average of 2.89%.

Turning to Wall Street, ALK stock has a Strong Buy consensus rating based on 11 Buys assigned in the last three months. At $63.60, the average Alaska Air stock price target implies upside potential of 65.5%.

Disclaimer & DisclosureReport an Issue