Best ASX stocks to buy

The following four ASX stocks stand out for their shared exposure to powerful long-term growth trends which positions them for sustained expansion and shareholder value creation.

4 Best ASX stocks to buy in 2026

Sun Silver Limited (ASX: SS1)

IperionX Limited (ASX: IPX) 

NEXTDC Limited (ASX: NXT) 

DroneShield Limited (ASX: DRO) 

Sun Silver Limited (ASX: SS1)

Sun Silver Limited on 28 January 2026 reported further thick and high-grade silver, gold and antimony intercepts at its Maverick Springs Project in Nevada which reinforces the scale and strategic importance of the project in a strong silver and critical minerals market.

On 9 December 2025, the company announced a major upgrade to the Maverick Springs Resource which added 59 million ounces of silver equivalent and lifted the total resource to 539 million ounces AgEq at an average grade of 71 g/t.

Earlier on 26 November 2025, Sun Silver released strong drilling results which showed mineralisation extending 26 metres above the current Mineral Resource and further highlighted the size of the system and its future expansion potential.

The company currently has a market capitalisation of $331 million and silver’s inclusion on the 2025 U.S. Department of the Interior critical minerals list has increased U.S. government interest in the Maverick Springs project.

At the end of the September quarter 2025, Sun Silver held cash of $34.2 million with no debt which leaves the company well- funded to grow.

IperionX Limited (ASX: IPX) 

IperionX Limited on 22 January 2026 announced it had received a US$0.3 million prototype purchase order from American Rheinmetall to supply 700 lightweight titanium components for U.S. Army heavy ground combat systems with scope for a larger follow-on contract subject to successful delivery.

The company also confirmed receipt of the final US$4.6 million tranche of U.S. Department of Defence funding under its US$47.1 million award along with the transfer of approximately 290 metric tons of high-quality titanium scrap at no cost to support production scale up at its Virginia titanium manufacturing campus.

IperionX now has a market capitalisation of $2.66 billion and its share price has risen over 40% year to date while titanium manufacturing sales are expected to progressively scale through 2026 with a positive EBITDA inflection point projected by the end of 2026.

In July 2025, the company announced firm commitments for a private placement of 14 million new ordinary shares at an issue price of $5.00 per share which resulted in pro-forma cash of approximately US$100 million.

NEXTDC Limited (ASX: NXT) 

NEXTDC Limited on 16 January 2026 announced that it received planning approval for its M4 Melbourne data centre at Port Melbourne in Victoria and the company now has a market capitalisation of $8.56 billion.

The company is the backbone of end AI applications and it also entered into a memorandum of understanding with OpenAI to develop a sovereign hyperscale AI campus and large-scale GPU infrastructure at its S7 site in Sydney.
The company delivered a very strong FY25 as rising demand for AI, cloud and hyperscale workloads drove net revenue growth of 14% to $350.2 million while Underlying EBITDA increased by 6% to $216.7 million.

NEXTDC reported that contracted utilisation increased by 71MW to 316MW while the forward order book expanded by 53% to 205MW and FY26 capital expenditure guidance was lifted to a range of $2.2 billion to $2.4 billion.
The stock is up 6.54% year-to-date and the balance sheet is robust with total assets of $5.7 billion and gearing of just 18%.

DroneShield Limited (ASX: DRO) 

DroneShield Limited A key milestone during the year was the most profitable half on record as profit before tax reached $5.2 million in HY25 as operating leverage began to emerge across the business.

DroneShield ended January 2026 with a strong cash balance of $201.1 million and committed revenues of $95.6 million for 2026 which provides clear earnings visibility and balance sheet strength.

The company’s sales pipeline stood at $2.09 billion which is supported by rising defence spending, expanding law enforcement powers under the U.S. Safer Skies Act and growing interest from civilian customers.

DroneShield currently has a market capidelivered a standout FY25 performance driven by solid global demand as revenue from customers surged 277% year-on-year to $216.5 million while customer cash receipts rose 256% to $201.6 million which highlights strong conversion of pipeline activity into cash inflows.

talisation of $3.69 billion and the stock has surged over 30% year-to-date which reflects improving investor confidence in the company’s scale and execution.

(Source: Company Reports)