These companies have cash and are liked on Wall Street

Last updated: May 26, 2026 4:09 am

7 days ago

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Wall Street is buzzing about companies that combine significant cash reserves with strong analyst recommendations. Wolfe Research and CNBC Pro identified firms with market caps over $250 million, boasting top-tier net cash-to-market cap ratios and average “buy” ratings. Companies like Deckers Outdoor (Ugg, Hoka parent), Airbnb, and Okta are highlighted, demonstrating solid financial positions and promising growth prospects despite varied year-to-date performances.

In a financial landscape where stability and growth potential are key, a select group of companies is drawing significant attention from Wall Street for their robust cash reserves and strong analyst endorsements. A recent deep dive by Wolfe Research identified firms with market capitalizations exceeding $250 million that distinguished themselves by holding a top-quintile net cash-to-market cap ratio, carefully adjusted for any outstanding debt. This metric is a powerful signal for investors, indicating a company's financial flexibility to fuel business expansion, pursue strategic acquisitions, or implement stock buybacks, all avenues that can enhance shareholder value.

Building on this foundation, CNBC Pro further curated the list, focusing exclusively on stocks that have garnered an average 'buy' rating from prominent Wall Street firms, according to comprehensive data provided by FactSet. This dual-criteria approach yielded a concise list of 10 companies that exemplify both financial strength and positive market sentiment.

Among the standout names is Deckers Outdoor, the parent company behind globally recognized brands like Ugg and Hoka. Deckers earned its spot on the list with a noteworthy 12% net cash-to-market cap ratio. After a challenging 2025 which saw its shares drop by 49%, Deckers has demonstrated a strong rebound, climbing almost 3% year-to-date in 2026. Looking ahead, analysts polled by LSEG are optimistic, forecasting an average upside of nearly 20% for the stock.

Another prominent inclusion is Airbnb, the leading vacation rental platform, which boasts an 11% net cash-to-market cap ratio. Despite a slight dip of approximately 2% in its shares year-to-date, which has somewhat eroded gains from 2025, Wall Street analysts maintain a bullish outlook. The consensus among LSEG analysts points to the stock appreciating by around 20% over the next 12 months.

Completing the highlighted examples is Okta, an identity and access management company, which showcased an impressive 15% net cash ratio. Okta's stock has enjoyed a positive trajectory in 2026, rising over 6%. Analysts surveyed by LSEG project an approximate 8% gain for Okta shares in the upcoming year, underscoring ongoing confidence in its market position and future performance.