ASX shares are in focus right now as we near the end of the third week of earnings season. The All Ordinaries Index (ASX: XAO) is 1.01% higher at the time of writing in early-afternoon trade on Thursday, and it's tipped to keep climbing.
There are some ASX shares that analysts think will hugely outpace the index this year, rising 50% higher, or even more.
Image source: Getty Images
IDP Education Ltd (ASX: IEL)
It was one of the worst-performing shares on the S&P/ASX 200 Index (ASX: XJO) in 2025. Its performance saw the stock crash out and exit the index amid a reshuffle in September.
Unfortunately, the company's lacklustre share price performance translated through to early-2026 too. At the time of writing, the shares are 0.99% higher at $5.08 a piece. Despite the increase, the shares are down 11.65% year to date and 58.56% year over year.
While there hasn't been much good news out of the international education services business over the past year, it looks like the company could stage a turnaround in 2026.
Some analysts think visa caps and declines in student volume may have peaked, particularly in key markets like Canada and Australia. This means the volume of student placements could start rebounding, and it could drag revenue and the company's share price up with it.
Analysts are mostly positive on the stock, with five out of eight holding a buy or strong buy rating. The average target price is $7.30, and the maximum is $11.50. That implies the shares could soar 43.98% to 126.82% higher over the next 12 months, at the time of writing.
IPH Ltd (ASX: IPH)
Shares in the intellectual property provider are storming higher today off the back of its latest results. This morning, IPH reported a 6.5% increase in revenue for the six months ended 31st December 2025.
The company also declared an interim dividend of 19 cents per share, up 11.8% on the prior period.
Investors are clearly happy with the result. Its shares are 13.31% higher at the time of writing to $3.83 a piece. The uplift means the shares are now 6.69% higher for the year to date but 20.04% below where they were last year.
Analysts think there is plenty more to come, too. Out of six analysts, five have a buy or strong buy rating on the ASX company and its shares. The average target price is $5.03, and the maximum is $6.05. That implies a potential upside of 30.60% to 57.14% over the next 12 months, at the time of writing.
