Identifying stocks with the potential to double in under a year is challenging. These stocks usually represent the hottest contenders in the market and can experience rapid increases at any moment. Such is the case with CoreWeave(NASDAQ: CRWV) and Nebius Group(NASDAQ: NBIS), both seeing gains of 25% and 17%, respectively, in 2026.
While some investors might feel they’ve missed out on these two stocks, I believe there’s still significant potential ahead. Each company operates in the AI sector, and 2026 could usher in years of remarkable growth for both.
The AI Infrastructure Growth is Gaining Momentum
CoreWeave and Nebius are involved in the construction and operation of data centers primarily serving AI applications. By focusing on advanced chips for their platforms, they aim to rent these to clients at competitive rates. Their success will depend on their ability to outperform operational costs and maintain high demand for AI computing services.
Both companies exhibit outstanding demand. At the close of 2025, Nebius reported an annual run rate of $1.25 billion, expecting this to surge to between $7 billion and $9 billion in 2026, aided by the launch of new operational sites. CoreWeave is also seeing swift growth, with Q3 2025 revenues up 134% year-over-year, culminating in a backlog indicating robust demand for AI computing capabilities.
Concerns About Profitability
Despite their growth, both CoreWeave and Nebius are currently unprofitable and consuming significant cash. This is typical as they strive to secure market share in a booming industry. As they expand, their operating costs should decline, allowing for potential transitions to profitability over time.
CoreWeave is approaching breakeven and could see a quick rise in stock price if it achieves profitability in 2026. On the other hand, Nebius’s rapid growth could temper concerns regarding its profit margins, as sustained progress towards profitability could maintain investor enthusiasm.
Overall, I foresee sustained demand for cloud computing in 2026, which should propel both stocks higher. There’s potential for both to double this year; even if they don’t, they can still outperform the market significantly.
