The stock market is currently in a bullish phase despite lingering economic uncertainties, with several equities lined up for further growth.
Amid this momentum, crossing the $200 billion market cap threshold is a defining milestone for any corporation. It signals not only financial strength but also confidence in a company’s ability to sustain growth in an increasingly competitive global economy.
With this in mind, Finbold has identified two stocks with the potential to reach a $200 billion market capitalization by 2026.
Qualcomm (NASDAQ: QCOM)
Qualcomm (NASDAQ: QCOM), with a current valuation of $172.02 billion, is among the key contenders, needing just 17% growth in market cap to hit the $200 billion mark. The stock has experienced some volatility but is showing signs of stability, rallying nearly 5% year to date to trade at $159.98 as of the time of this press release.
The fundamentals back this trajectory, as the semiconductor company undergoes a strategic transformation beyond its reliance on smartphones.
Qualcomm is expanding into higher-growth markets such as automotive technology, IoT, and AI-driven edge computing. Its collaboration with BMW to launch Snapdragon Ride Pilot, an automated driving system set to expand across more than 100 countries by 2026, highlights this pivot.
With automotive revenue projected to hit $8 billion annually by the end of the decade and profit margins consistently above 25%, Qualcomm is positioning itself to scale well beyond its handset legacy.
BlackRock (NYSE: BLK)
BlackRock (NYSE: BLK), the world’s largest investment management company, is also closing in on the $200 billion mark, currently boasting a market cap of $170.72 billion. The stock has enjoyed a steady run in 2025, trading at $1,108 as of press time, with nearly 10% year-to-date gains.
Notably, the firm closed 2024 with $11.6 trillion in assets under management, a record high. At the same time, BlackRock is doubling down on private markets with plans to raise $400 billion by 2030 while expanding its technology footprint through its Aladdin Wealth platform.
A recent deal with Citigroup will add $80 billion in client assets under its oversight, further cementing its market position.
While the company has faced ESG-related pushback, including the loss of a major Dutch pension fund, its long-term growth trajectory remains firmly intact.
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