Burford Capital Limited (NYSE:BUR) is one of the stocks that will double in 2026. Earlier on November 11, B. Riley analyst Timothy D’Agostino lowered the firm’s price target on Burford Capital to $18 from $20 with a Buy rating on the shares. This sentiment followed the company’s Q3 2025 earnings report. D’Agostino believes that the recent decline in the stock price offers an attractive entry point for investors.
In its Q3 report, Burford Capital announced achieving a significant increase in definitive commitments, up more than 50%, and reported overall portfolio growth of 15% year-to-date. Furthermore, Q3 saw a 61% increase in deployments, indicating robust current business activity. Burford remains on track to achieve its long-term strategic goal of doubling the business by 2030, which corresponds to a 20% annualized growth rate.
Burford’s investment strategy is focused on diversification across various geographies, case types, durations, and risk profiles, which helps mitigate potential losses. The company recorded $69.80 million in revenue, although it also faced a loss per share of $0.09. Looking ahead, management anticipates continued momentum in realizations, with more trials and hearings scheduled for the next 12 months than were scheduled a year ago.
Burford Capital Limited (NYSE:BUR) provides legal finance products and services worldwide. The company operates in two segments: Principal Finance and Asset Management & Other Services.
While we acknowledge the potential of BUR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.