These 3 ASX 200 shares could climb 30% (or higher) in 2026

These are the stocks I'd be looking at right now.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) is 1.47% higher in early afternoon trade on Wednesday. The latest uptick has dragged the index 3.09% higher for the year to date. But there are some ASX 200 growth shares that I have my eye on, and they've all outpaced the index already so far this year.

A man in trendy clothing sits on a bench in a shopping mall looking at his phone with interest and a surprised look on his face.

Image source: Getty Images

AGL Energy Limited (ASX: AGL)

AGL shares have rocketed higher today, up 9.32% to $9.68 at the time of writing. The gas and electricity provider's shares have been pushed higher by the company's solid first-half result, posted this morning.

AGL reported flat underlying EBITDA and a 6% decline in underlying net profit after tax. Investors were most excited by the company's revised FY26 guidance figures. AGL now expects full-year underlying EBITDA of $2.02 billion to $2.18 billion. Previously, the range was $1.92 billion to $2.22 billion.

Its underlying net profit guidance was also tightened to $580 million to $680 million, from a much wider range of $500 million to $700 million.

Analysts expect a lot more from the ASX 200 energy shares this year. Data shows 7 out of 9 analysts have a buy or strong buy rating and a maximum target price of $12.72. After today's price surge, it now implies a 31.92% upside at the time of writing.

Bellevue Gold Ltd (ASX: BGL)

The ASX 200 gold company's shares are 5.56% higher today, at $1.84 a piece. There has been no price-sensitive news out of the company today, so the latest uptick is likely off the back of renewed interest in gold stocks as the sector gains momentum. 

The gold producer released its quarterly results last month, announcing a 10% quarter-on-quarter increase in gold production and confirming FY26 production guidance of 130,000 to 150,000 ounces of gold.

The majority of analysts have a strong buy rating on the stock with a target price of $2.60. That implies a 40.54% upside at the time of writing.

Eagers Automotive Ltd (ASX: APE)

Eagers shares are 0.96% higher at the time of writing today, at $26.18 a piece. For the year to date, the ASX 200 auto retailers' shares are 6.21% higher, and they're up a whopping 106.96% for the year.

The company has a diversified earnings base and operates the majority of BYD dealerships in Australia. This gives it exposure to the rapidly expanding EV sector. It also announced acquisition of a 65% stake in Canada's largest auto dealerships late last year.

Analysts think there is more upside to come, too. Half of analysts have a buy or strong buy rating, and the maximum target price is $35.90 a piece. That implies a 36.97% upside at the time of writing.

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended BYD Company. The Motley Fool Australia has recommended Eagers Automotive Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Opinions

A group of people in suits and hard hats celebrate the rising share price with champagne.
Resources Shares

Up 67% in a year! The red-hot South32 share price is smashing BHP, Rio and Fortescue

Here's why I think the miner could outpace some of its peers in 2026.

Read more »

Woman in business suit holds both hands out with a question mark above each hand.
Opinions

2 ASX 300 shares I'm close to buying next!

These ASX 300 shares look like a great buy to me today!

Read more »

A graphic of a pink rocket taking off above an increasing chart.
Growth Shares

This could be the best ASX 300 stock buy today!

This seems like a great time to invest.

Read more »

Businessman smiles with arms outstretched after receiving good news.
Opinions

Why I'm even more bullish about Soul Patts shares from now on!

I’m a very happy shareholder of this business.

Read more »

A trendy woman wearing sunglasses splashes cash notes from her hands.
Opinions

3 quality ASX shares I'd buy while everyone else is nervous

Here's three ASX quality shares worth buying while fear grips the market

Read more »

A young joyful couple is watching a movie with their daughter in the cinema.
Opinions

Why this ASX 300 share could rise by 24% according to experts

A fund manager thinks this business has a lot of growth potential!

Read more »

Happy retirees celebrate with wine over lunch.
Dividend Investing

2 ASX dividend shares I'm betting on big-time to fund my retirement

I believe high-quality dividend stocks are worth their weight in gold.

Read more »

One hundred dollar notes planted in the ground, representing ASX growth shares.
Best Shares

This 4% ASX stock is my top pick for growth and income in 2026

Stocks of this calibre are exceptionally rare...

Read more »