Top meme stocks to watch in 2026
Meme stocks can surge massively overnight and coming crashing down the next day. From Reddit-fuelled rallies to short squeezes and TikTok trends, meme stocks continue to mesmerise traders and investors alike. Here is why.
Important to know
This article is for informational purposes only and does not constitute investment or trading advice. Please ensure you understand the risks and consider your individual circumstances before trading.
Key takeaways
Meme stocks are driven by social media hype and retail trader enthusiasm.
Trading meme stocks can offer opportunities for short-term profits.
They also come with high volatility and significant risks, requiring careful risk management.
What are meme stocks?
Meme stocks are shares that gain rapid popularity on social media platforms like Reddit, X (formerly Twitter), TikTok, or Discord - usually driven more by online hype than by fundamentals.
These stocks often become trending topics due to:
- Retail traders piling in to drive up prices
- Viral memes, videos or influencer shoutouts
- Strong communities like WallStreetBets coordinating trades
The most famous examples include GameStop (GME) and AMC Entertainment (AMC), but in 2026, new meme stocks continue to pop up across tech, AI, and even biotech.
Why do meme stocks move so rapidly?
Meme stocks are known for their massive spikes and equally sharp drops. A few key reasons:
1. High short interest
When a stock is heavily shorted and starts rising, short sellers may rush to cover their positions - triggering a short squeeze. This creates sudden buying pressure and pushes prices even higher.
2. Low float
Meme stocks often have a low number of shares available to trade, so even small surges in demand can cause large price swings.
3. Herd behaviour
FOMO (fear of missing out), hype cycles and viral content can create self-reinforcing price rallies, often detached from company performance.
Did you know?
The meme stock phenomenon started when Reddit's WallStreetBets community coordinated a mass buying of GameStop shares in January 2021, after discovering that the stock had been heavily shorted by hedge funds. This then created a short squeeze that sent the stock soaring by over 2,300%!
What makes a stock go viral?
There's no guaranteed formula, but meme stocks often share these traits:
- A compelling story: Turnaround potential, disruption, or simply a David vs Goliath narrative (eg: retail vs hedge funds)
- Social media buzz: Trending hashtags, TikTok breakdowns or Reddit threads
- Cult-like investor base: Online communities that view the stock as a movement or inside joke
- Cheap share price: Traders love “cheap” stocks under $10, even if the market cap is high
Risks of trading and investing in meme stocks
While meme stocks can offer explosive opportunities, they come with significant risk, especially for inexperienced traders.
1. Volatility
Meme stocks can swing 30–50%+ in a single day, sometimes with no news at all.
2. Liquidity traps
Fast in, slow out - thin order books or halted trading can make it hard to exit at a good price.
3. Hype over fundamentals
Many meme stocks are unprofitable or struggling companies. Prices often disconnect from earnings or growth potential.
4. Emotional trading
Online communities can drive herd behaviour and encourage risky trades. It’s easy to get swept up in the crowd and abandon your strategy.
Quick fact
Use guaranteed-stop loss orders to minimise your risk.
Top 5 meme stocks to watch
Company
|
52-week low share price*
|
52-week high share price*
|
Short interest*
|
Available for CFD trading with IG?
|
Available for investing with IG Markets Singapore app?
|
|
US$19.93
|
US$35.81
|
~15.1%
|
✅
|
✅
|
|
US$0.93
|
US$4.08
|
~15.4%
|
✅
|
✅
|
|
US$270.78
|
US$400.86
|
~2.1%
|
✅
|
✅
|
|
US$105.321
|
US$207.52
|
~2.4%
|
✅
|
✅
|
|
US$3.12 |
US$5.79
|
~5.2%
|
✅
|
✅
|
*As of April 2026
1. GameStop Corp. (NYSE: GME) — specialty video‑game retailer and digital transition play
Industry: Specialty retail (video games)
Market cap: US$11.2 billion
The company: GameStop is a specialty video game retailer with a global footprint, offering physical and digital games, collectibles, and accessories.
Financial performance (Q4 FY2025):
- Net sales: US$1.10 billion, down from US$1.28 billion a year earlier.
- Operating income: US$135.2 million, compared to US$79.8 million a year ago.
- Adjusted operating income: US$147.7 million, compared to US$84.4 million in Q4 FY2024.
- Net income: US$127.9 million, down from US$131.3 million a year ago.
Dividend payout: No dividend policy or cash dividend announced in the FY2025 release; GameStop historically retains cash for buybacks, investments and balance‑sheet flexibility.
Other financial/ business metrics to note:
- Cash, cash equivalents and marketable securities: US$9.0 billion at quarter close (31 January 2026), up from US$4.8 billion a year earlier.
- Bitcoin and related receivables: US$368.4 million valuation at the end of Q4 FY2025.
- Selling, general, and administrative expenses (SG&A) discipline: Q4 FY2025 SG&A fell to US$241.5 million from US$282.5 million a year earlier, supporting margin recovery.
- Business mix: management continues to emphasise digital initiatives, marketplace expansion and monetisation of non‑core assets.
Trading information (26 April 2026):
- Price-to-earnings (P/E) ratio: 32.4 times
- Price-to-book (P/B) ratio: 2.1 times
- 50-day moving average share price: S$23.73
- 200-day moving average share price: S$23.19
- Average daily trading volume (three-month): ~7.5 million shares
- Average daily trading volume (10-day): ~8.3 million
- Short percentage of float: 15.1% (15 April 2026)
2. AMC Entertainment Holdings, Inc. (NYSE: AMC)— specialty video‑game retailer and digital transition play
Industry: Specialty retail (video games)
Market cap: US$11.2 billion
The company: GameStop is a specialty video game retailer with a global footprint, offering physical and digital games, collectibles, and accessories.
Financial performance (Q4 FY2025):
- Net sales: US$1.10 billion, down from US$1.28 billion a year earlier.
- Operating income: US$135.2 million, compared to US$79.8 million a year ago.
- Adjusted operating income: US$147.7 million, compared to US$84.4 million in Q4 FY2024.
- Net income: US$127.9 million, down from US$131.3 million a year ago.
Dividend payout: No dividend policy or cash dividend announced in the FY2025 release; GameStop historically retains cash for buybacks, investments and balance‑sheet flexibility.
Other financial/ business metrics to note:
- Cash, cash equivalents and marketable securities: US$9.0 billion at quarter close (31 January 2026), up from US$4.8 billion a year earlier.
- Bitcoin and related receivables: US$368.4 million valuation at the end of Q4 FY2025.
- Selling, general, and administrative expenses (SG&A) discipline: Q4 FY2025 SG&A fell to US$241.5 million from US$282.5 million a year earlier, supporting margin recovery.
- Business mix: management continues to emphasise digital initiatives, marketplace expansion and monetisation of non‑core assets.
Trading information (26 April 2026):
- Price-to-earnings (P/E) ratio: 32.4 times
- Price-to-book (P/B) ratio: 2.1 times
- 50-day moving average share price: S$23.73
- 200-day moving average share price: S$23.19
- Average daily trading volume (three-month): ~7.5 million shares
- Average daily trading volume (10-day): ~8.3 million
- Short percentage of float: 15.1% (15 April 2026)
3. Tesla, Inc. (NASDAQ: TSLA) — electric vehicles, energy and AI robotics
Industry: Automotive, energy storage and AI/robotics software
Market cap: ~US$1.4 trillion
The company: Tesla designs, manufactures and sells electric vehicles, energy storage systems and solar products, and is expanding into AI‑driven robotics and Robotaxi services. The company’s narrative blends large‑cap tech growth with retail‑investor momentum.
Financial performance (Q1 2026):
- Total revenues (average): US$21.42 billion, down from US$24.49 billion in Q4 2025.
- Gross profit (average): US$3.74 billion, down from US$4.15 billion in Q4 2025.
- Gross margin: 17.5%, compared to 17.0% in Q4 2025.
- Net income attributable to common stockholders (average): US$584 million, down from US$1.1 billion in Q4 2025.
- Unadjusted EPS (average): US$0.16, down from US$0.30 in Q4 2025.
- Adjusted EPS (average): US$0.33, down from US$0.44 in Q4 2025.
Other financial / business metrics to note:
- Cash, cash equivalents and marketable securities (average): US$40.53 billion, down from US$43.53 billion in Q4 2025.
- Operating cash flow (average): US$2.53 billion, down from US$3.2 billion in Q4 2025.
- Free cash flow (average): Minus US$1.58 billion, down from US$350 million in Q4 2025.
- Automotive revenue (consensus average): US$15.31 billion, down from US$17.29 billion in Q4 2025.
- Energy generation & storage: US$2.91 billion, down from US$3.83 billion in Q4 2025.
- Services & other: US$3.20 billion, down from US$3.38 billion in Q4 2025.
Dividend payout: No cash dividend. Tesla does not pay a regular dividend and prioritises reinvestment and capex.
Trading information (26 April 2026):
- P/E ratio: 345.2 times
- P/B ratio: 16.8 times
- 50‑day moving average share price: US$387.08
- 200‑day moving average share price: US$400.86
- Average daily trading volume (three‑month): ~63.4 million
- Average daily trading volume (10-day): ~71.6 million
- Short percentage of float: ~2.1% (15 April 2026)
4. Palantir Technologies Inc. (NYSE: PLTR) — enterprise AI and data‑ops platform
Industry: Enterprise software/ AI and data integration
Market cap: US$342.2 billion
The company: Palantir Technologies builds Gotham (government intelligence), Foundry (commercial data‑ops) and Apollo (deployment/operations) to help organisations ingest, model and operationalise large datasets.
Financial performance (Q4 2025):
- Revenue: US$1.41 billion, +70% YoY.
- Unadjusted net income attributable to common stockholders: US$608.67 million, up from US$79.01 million a year earlier.
- Unadjusted income from operations: US$575.4 million, up significantly from US$11.0 million a year earlier.
- Adjusted income from operations: US$798.47 million, up from US$372.52 million YoY.
- Adjusted EBITDA: US$805.48 million, up from US$379.53 million a year ago.
Other financial / business metrics (Q4 2025) to note:
- US revenue: US$1.08 billion, +93% YoY.
- Cash, cash equivalents and short‑term US Treasury securities: ~US$7.2 billion, up from US$5.2 billion in Q4 2024.
- Cash from operations: US$777.3 million, +69% YoY (reflecting strong cash conversion).
- Adjusted free cash flow: US$791.43 million, compared to US$517.39 million in Q4 2024.
- Total closed-contract value: US$4.262 billion, +138% YoY.
- Customer count: +34% YoY.
Dividend payout: Palantir has not established a history of cash dividends; shareholder returns have come via stock‑price appreciation rather than distributions.
Trading information (26 April 2026):
- P/E ratio: 227.1 times
- P/B ratio: 46.3 times
- 50‑day moving average share price: US$144.35
- 200‑day moving average share price: US$164.43
- Average daily trading volume (three‑month): ~53.0 million
- Average daily trading volume (10-day): ~48.1 million
- Short percentage of float: ~2.4% (15 April 2026)
5. BlackBerry Limited (NYSE: BB / TSX: BB) — secure software and endpoint protection specialist
Industry: Cybersecurity software and services
Market cap: US$2.97 billion
The company: BlackBerry provides enterprise‑grade cybersecurity, endpoint management and embedded software solutions. After exiting the handset business, the company pivoted to software and services focused on endpoint protection (BlackBerry Protect), extended detection and response (BlackBerry Optics/Detect), and secure communications for regulated industries and automotive partners.
Financial performance (Q4 FY2026):
- Total revenue: US$156.0 million, up by 10% YoY..
- Adjusted EBITDA: US$36.1 million, up by 71% YoY.
- Unadjusted net income: US$24.3 million, up from a loss of US$7.4 million a year ago.
- Adjusted net income: US$34.0 million, up by 92% YoY.
- Unadjusted gross margin: Up by 4% YoY to 77.8%.
- Adjusted gross margin: Up by 5% YoY to 78.2%.
Dividend payout: No regular cash dividend announced. BlackBerry historically has not been a dividend payer in recent years.
Other financial / business metrics to note:
- Operating cash flow was $45.6 million.
- Total cash and investments increased by $22.1 million YoYto $432.4 million, in part due to the improved operating cash flow and approximately US$38.1 million received in deferred proceeds from the sale of Cylance to Arctic Wolf.
- For Q1 FY2027, management has guided for total revenue to be in the range of US$132 million to US$140 million, which would be at least 11% lower than Q4 FY2026.
Trading information (28 April 2026):
- P/E: 56.6 times
- P/B: 4.0 times
- 50‑day moving average share price: US$3.70
- 200‑day moving average share price: US$4.00
- Average daily trading volume (three‑month): ~10.4 million
- Average daily trading volume (10-day): ~22.6 million
- Short percentage of float: ~5.2% (15 April 2026)
How to trade and invest in meme stocks with IG Singapore
CFD share trading
- Create a live or demo account
- Find an opportunity among one of our 10,000+ stocks with our stock screener
- Click ‘buy’ to go long or ‘sell’ to short
- Set your position size
- Take steps to manage your risk
- Open and monitor your position
Investing
- Open an account via IG Markets Singapore app
- Search for meme stocks on the app
- Choose the shares you want to buy
- Determine how many shares you want to purchase
- Place your order
- Monitor your investment and collect any dividends
FAQs about meme stocks
What are some common meme stocks?
GameStop (GME), AMC Entertainment (AMC), BlackBerry (BB), and Bed Bath & Beyond (BBBY) were some of the original meme stocks. In 2025, new names often trend based on social media buzz.
Can I short meme stocks with IG?
Yes, with CFDs you can speculate on meme stocks falling in price. Just keep in mind that shorting is high risk, especially during a short squeeze.
Are meme stocks safe to trade?
Meme stocks are extremely volatile and not considered safe for long-term investing. However, short-term traders may find opportunities using proper risk management.
Do meme stocks only exist in the US?
Most meme stocks are listed on US exchanges like the NYSE or NASDAQ, but meme-like activity has appeared in markets globally, including in Hong Kong and Europe
Important to know
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please see important Research Disclaimer.
Please also note that the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.
Ready to open an IG account?
Start your trading journey now
Connect with us
Disclaimers:
- All forms of investments carry risks, including the potential loss of all or part of your principal amount invested. The value of an investment product may rise or fall, and may also become valueless. Past performance is not indicative of future results. Please ensure that you fully understand, and are aware of, the risks and costs involved.
- Trading CFDs may not be suitable for everyone. CFDs are leveraged instruments and can result in losses that exceed deposits. Refer to the Risk Disclosure Statement and Risk Fact sheet.
- IG Asia Pte Ltd (Co. Reg. No. 200510021K)("IG") is regulated by the Monetary Authority of Singapore and holds a capital markets services licence.
- IG provides an execution-only service. The information in this advertisement does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. You should consider your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
- The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
- This advertisement has not been reviewed by the Monetary Authority of Singapore.
