These companies are expected by analysts to increase revenue by at least double the rate of the S&P 500. Their stocks are expected to rise at least 29% over the next 12 months.

So far this year the S&P 500 has only declined by 1.9%. But its information-technology sector is down 7.5%. And its consumer-discretionary sector, which includes companies such as Amazon.com Inc.(down 6%) and Tesla Inc. (down 10%), has fallen 10.6% in 2025.

So this is a good moment to take a closer look at this year's largest decliners, to see which stocks might be well-positioned among companies that are also expected to grow their businesses rapidly.

We began with a screen of the S&P 500 SPX and added any companies in the Nasdaq-100 Index NDX that are not in the S&P 500, for an initial list of 514 companies. The Nasdaq-100 has declined 3.9% this year. It is made up of the largest 100 nonfinancial companies in the full Nasdaq Composite Index $(COMP)$.

This is how we screened the 514 companies:

-- We cut the list to 53 companies whose share prices were down at least 15% for 2025 through Friday. All price changes in this article exclude dividends.

-- Then we cut to 39 stocks with majority "buy" or equivalent ratings among analysts working for brokerage or research firms polled by FactSet.

-- Among the 39 remaining companies, there are 16 for which projected compound annual growth rates (CAGR) for revenue from 2024 through 2026 are at least double the 6.0% growth rate projected for the S&P 500. The projections are based on consensus estimates, adjusted for calendar years by FactSet for companies whose fiscal reporting periods don't match the calendar.

-- We further trimmed the list to 13 companies with projected earnings-per-share CAGR through 2026 at least matching the 12.5% EPS growth rate projected for the S&P 500.

Then we sorted the list by 12-month upside potential implied by the analysts' consensus price targets. There is a lot of data, so we are presenting it in two tables. You might need to scroll the tables to see all of the data.

The first table shows the price declines and the price targets:

All of these companies are in both the S&P 500 and the Nasdaq-100 Index, except for AppLovin (APP), Trade Desk (TTD) and Marvell Technology $(MRVL)$, which are only in the Nasdaq-100.

This table shows forward price-to-earnings ratios and the revenue and EPS CAGR projections:

Some of these companies are early enough in their growth cycles that profits are still relatively low, which means forward P/E ratios are high. For the S&P 500, the forward P/E ratio is 20.9. For the Nasdaq-100 it is 25.7.

Nvidia $(NVDA)$ has the highest projected sales CAGR among the listed companies, while Marvell Technology (MRVL) has the highest expected EPS CAGR. Both trade at lower P/E valuations than the Nasdaq-100. One might argue that both are trading at modest premiums to the S&P 500's forward P/E, considering the projected growth rates.

So then the question is whether or not the projected growth rates for sales and earnings will hold up.