Future Member of the S&P 500? These Giants Are Next in Line!
1.$AppLovin Corporation(APP)$
Core Business & Latest Developments: AppLovin is a leading technology company that provides a suite of software-based solutions for advertisers to enhance their marketing and monetization efforts globally. The company operates through two segments: Advertising and Apps. It offers solutions such as AppDiscovery, MAX, Adjust, and Wurl. Recently, AppLovin announced the sale of its first-party mobile games business to Tripledot Studios, a strategic move aimed at streamlining its operations and focusing on its core advertising business。
Financial Highlights: AppLovin reported robust first-quarter results, with a revenue growth of 40.30% and an EPS of 5.51。The company's free cash flow stands at nearly $1.9 billion。For the second quarter of fiscal year 2025, analysts project that AppLovin will generate $1,205 million in revenue, with an Adjusted EBITDA of $976 million and a GAAP EPS of $1.69。
Analyst Target Price Expectations: Analysts have a positive outlook on AppLovin, with an average one-year target price of $465.49。The target price range spans from $250.00 to $650.00。
2.$Strategy(MSTR)$
Core Business & Latest Developments: MicroStrategy is a global provider of business intelligence and analytics software and services. The company has been focusing on expanding its platform capabilities and enhancing its product offerings to meet the growing demand for data analytics and business intelligence solutions.
Financial Highlights: In Q1 2025, MicroStrategy reported a net loss of $4.22 billion, or $16.53 per share, significantly missing analyst expectations, largely due to a $5.9 billion unrealized loss from Bitcoin price volatility. Despite this, the company continued its aggressive Bitcoin accumulation, holding 553,555 BTC worth approximately $52 billion, and raised $6.6 billion through equity and debt offerings to fund further purchases.
Analyst Target Price Expectations: Looking ahead, analysts remain divided, with price targets ranging from $175 to $650, reflecting uncertainty over the sustainability of its Bitcoin-centric strategy.
3.$BROOKFIELD ASSET MANAGEMENT LTD(BAM)$
Core Business & Latest Developments: Brookfield Asset Management is a global alternative asset manager with a focus on real estate, renewable energy, infrastructure, and private equity. The company reported record first-quarter results, with fee-related earnings increasing by 26% to $698 million。
Financial Highlights: For the three months ended March 31, 2025, fee-related earnings were $698 million, distributable earnings were $654 million, and net income attributable to BAM was $581 million。
Analyst Target Price Expectations: Consensus rating: Buy (18 analysts). Average price target: $56.69. EPS forecast for 2025: Ranges from $1.56 to $1.64, with an average of $1.60.
4.$Southern Copper Corp(SCCO)$
Core Business & Latest Developments: Southern Copper is a major international copper producer with mining and smelting operations in North and South America. The company continues to focus on expanding its mining operations and improving operational efficiency.
Financial Highlights: Revenue: $3.12 billion (up 20% year-over-year), Earnings per Share (EPS): $1.19 (vs. forecasted $1.10),Net Income: $946 million, a 29% increase y-o-y .
Analyst Target Price Expectations:: Approximately $91.66–$93.46 (based on multiple analyst reports), with a high estimate of $105.00–$130.00 and a low estimate of $52.00–$71.29.
5.$Robinhood(HOOD)$
Core Business & Latest Developments: Robinhood is a financial services company that operates a commission-free trading platform for stocks, options, and cryptocurrencies. The company continues to expand its product offerings and user base.
Financial Highlights: Total revenue up 50% year-over-year to $927 million, driven by a 77% surge in transaction-based revenue, including a doubling of crypto revenue to $252 million. Net income rose 114% to $336 million, and diluted EPS increased 106% to $0.37, beating analyst expectations.
Analyst Target Price Expectations: Analysts have set a consensus target price of around $59.29, suggesting potential upside from current levels.
6.$CoreWeave, Inc.(CRWV)$
Core Business & Latest Developments: CoreWeave is an AI hyperscaler specializing in AI cloud infrastructure. The company has been focusing on expanding its cloud services and AI capabilities.The company also announced major strategic partnerships, including an $11.9 billion deal with OpenAI and a $4 billion expansion with another large enterprise, highlighting its growing prominence in AI infrastructure.
Financial Highlights: Revenue surging 420% year-over-year to approximately $982 million, significantly exceeding analyst expectations. A net loss of $315 million, largely due to increased operating expenses and IPO-related costs.
Analyst Target Price Expectations: with firms like BofA, Jefferies, and Citi, analysts have raised their price targets significantly.
7.$Snowflake(SNOW)$
Core Business & Latest Developments: Snowflake is a cloud-based data warehousing and analytics platform. The company continues to innovate and expand its data analytics solutions.
Financial Highlights: total revenue rising 26% year-over-year to $1.04 billion, beating analyst estimates of $1.01 billion. Product revenue grew 26% to $996.8 million, and adjusted EPS came in at $0.24, surpassing expectations of $0.21 . The company also raised its fiscal 2026 product revenue guidance to $4.33 billion.
Analyst Target Price Expectations: Analysts remain bullish, with average price targets suggesting further upside, and institutional investors like JPMorgan significantly increasing their positions.
8.$Roblox Corporation(RBLX)$
Core Business & Latest Developments: Roblox is an online game platform and software development company. The company continues to expand its user base and develop new games and experiences.
Financial Highlights: Revenue rising 29% year-over-year to $1.035 billion and bookings increasing 31% to $1.207 billion, driven by a 26% increase in daily active users to 97.8 million. Free cash flow jumping 123% to $426.5 million and operating cash flow up 86% to $443.9 million.
Analyst Target Price Expectations: Analysts currently maintain a moderate buy consensus on Roblox (RBLX), with an average price target around $68–$72, suggesting limited upside from the current share price.
9.$Enterprise Products Partners LP(EPD)$
Core Business & Latest Developments: Enterprise Products Partners is a midstream energy company that provides transportation, storage, and distribution services for natural gas, NGLs, crude oil, and refined products. The company continues to expand its infrastructure and service offerings.
Financial Highlights: In Q1 2025, EPD reported revenue of $15.42 billion, exceeding the forecasted $14.14 billion. However, EPS of $0.64 missed the forecast of $0.70. The company increased its distribution by 3.9% to $0.535 per common unit。
Analyst Target Price Expectations: Analysts have a consensus price target of $36.94 per share, indicating a potential upside of 23.5%。
10.$Cloudflare, Inc.(NET)$
Core Business & Latest Developments: Cloudflare is a cloud-based security and performance company that provides a range of services, including DDoS protection, web application firewall, and content delivery network. The company continues to expand its service offerings and global presence.
Financial Highlights: Cloudflare reported Q1 2025 revenue of $479.1 million, up 27% year-over-year. The company's gross margin was 77.1%, above the long-term target of 75% to 77%. Free cash flow was strong at $52.9 million, representing 11% of revenue.
Analyst Target Price Expectations: Analysts have a consensus rating of Buy from 36 analysts.
11.$Marvell Technology(MRVL)$
Core Business & Latest Developments: Marvell Technology is a leading semiconductor company that provides a range of products for data infrastructure markets. The company continues to innovate and expand its product portfolio.
Financial Highlights: Marvell Technology reported Q1 2025 revenue of $1.9 billion, up 63.3% year-over-year. Adjusted EPS was $0.62, in line with analyst estimates.
Analyst Target Price Expectations: Analysts have a consensus rating of "Strong Buy" for Marvell Technology. The average price target is $127.74, with the highest price target reaching $188.00 and the lowest at $87.00. This indicates a potential upside of 6.9% from the current market price.
12.$CRH PLC(CRH)$
Core Business & Latest Developments: CRH is a global diversified building materials group with operations in Europe, North America, and Asia. The company continues to focus on sustainable growth and operational excellence.
Financial Highlights: In Q1 2025, CRH reported total revenues of $6.8 billion, a 3% increase from the previous year. Adjusted EBITDA was $495 million, up 11% year-over-year, with an adjusted EBITDA margin of 7.3%, a 50 basis point improvement. The company declared a quarterly dividend of $0.37 per share, a 6% increase year-over-year.
Analyst Target Price Expectations:Analysts have a consensus rating of "Buy" for CRH, with an average price target of $120. This reflects the company's strong performance and strategic focus on growth markets.
13.$Energy Transfer LP(ET)$
Core Business & Latest Developments: Energy Transfer is a midstream energy company that provides transportation, storage, and distribution services for natural gas, NGLs, crude oil, and refined products. The company continues to expand its infrastructure and service offerings.
Financial Highlights:Energy Transfer reported Q1 2025 adjusted EBITDA of $4.1 billion, up from $3.9 billion in Q1 2024. Distributable Cash Flow (DCF) for the quarter was $2.3 billion. The company spent approximately $955 million on organic growth capital during the first quarter.
Analyst Target Price Expectations: Analysts have a consensus rating of "Buy" for Energy Transfer, with an average price target of $23.07. The highest price target is $25.00, while the lowest is $20.00. This represents a potential upside of approximately 14.66% from the last closing price of $20.12.
14.$Atlassian Corporation PLC(TEAM)$
Core Business & Latest Developments: Atlassian is a software company that provides team collaboration and productivity tools. The company continues to innovate and expand its product offerings.
Financial Highlights: In Q1 2025, Atlassian reported revenue of $1.188 billion, representing a 21% increase year-over-year, driven by a 33% rise in subscription revenue. Atlassian reported a net loss of $123.8 million and free cash flow of $74 million, down 54% year-over-year, primarily due to higher annual employee bonus payouts.
Analyst Target Price Expectations: Analysts have a consensus average price target of $283.09 for Atlassian, with the highest price target reaching $375.00 and the lowest at $200.00. This indicates a potential upside of 6.9% from the current market price.
15.$Coupang, Inc.(CPNG)$
Core Business & Latest Developments: Coupang is an e-commerce company in South Korea that provides a wide range of products and services. The company continues to expand its market presence and service offerings.
Financial Highlights:In Q1 2025, Coupang (CPNG) reported strong financial results with net revenues of $7.9 billion, up 11% year-over-year, and gross profit increased 20% to $2.3 billion, reflecting a 217 basis point improvement in gross margin to 29.3%.
Analyst Target Price Expectations: Analysts have responded positively, with firms like BofA and Morgan Stanley raising their price targets to $34 and $32, respectively, citing strong margin expansion and growth potential.
Editor notes：Company listed in S&P 500 can mean several things.
Selection by Committee: S&P 500 is curated by a committee that considers both quantitative and qualitative factors. Below are the key eligibility criterias:
Its market capitalization must be at least $22.7 billion (effective July 1, 2025).
In terms of liquidity, the ratio of annual traded value to float-adjusted market cap must exceed 0.75.
The stock must also maintain a minimum monthly trading volume of 250,000 shares over the prior six months. Additionally, the company must be publicly listed on a recognized U.S. exchange—specifically the NYSE, Nasdaq, or Cboe.
Finally, the firm must have its primary listing domiciled in the United States.
And entry into the index typically boosts stock price, as index funds must buy the stock.
Call to Action
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