For investors looking for ASX 200 stocks with solid upside, Develop Global Ltd (ASX: DVP) and Netwealth Group Ltd (ASX: NWL) are two options to consider.
While these ASX shares have performed very differently in 2026, Bell Potter sees similar upside moving forward.Â
Here’s what the broker is tipping over the next 12 months.
Develop Global Ltd (ASX: DVP)
Develop Global is an Australia-based resources company that operates a unique hybrid business model centred on decarbonisation and energy transition.
In 2026, its share price has risen over 32% on the back of strong sector wide tailwinds.
A new report from Bell Potter suggests this rise can continue in the next year.
Bell Potter raised its outlook for Develop Global because copper and zinc prices are stronger than expected, although silver prices are a little weaker.
It expects the Woodlawn project to have its first full quarter operating at commercial production levels, with a chance of producing even more than planned as the mine continues to improve.
Higher-grade ore is also expected to be mined over the next year, which should increase copper production.
The broker also expects DVP to benefit from unusually low treatment and refining charges, meaning the company keeps more of the value from the copper it produces. Overall, these factors should support stronger earnings.
The broker has reiterated its buy recommendation and increased its price target to $7.20.
From yesterday’s closing price, this indicates 20% upside for Develop Global shares.
FY27 marks a transformational year for DVP as ramping Woodlaw and Pioneer Dome production, and copper, zinc, and spodumene DSO price leverage demonstrate an inflection in FCF and rapid earnings growth.
Netwealth Group Ltd (ASX: NWL)
Netwealth shares have also attracted a buy recommendation from Bell Potter this week.
Its share price jumped 6% yesterday on a key announcement, and the broker expects this rise can continue after a tough start to 2026.
In yesterday’s report, Bell Potter said the company has announced an agreement with Morgan Stanley Wealth, seen as a multiyear outcome, and flagged further (smaller) wins to come from the segment.
We expect this will unravel over the next year or so, comments suggesting there are maybe two more wins on the cards. NWL has an existing relationship with the firm, and this this extends the integration. The deal will add flexible execution and build in sponsored ASX listed and domestic investments.
Bell Potter has retained its $30 price target on Netwealth shares, which indicates a 23% upside from current levels.
The post Broker tips 20% and 23% upside for these 2 ASX stocks appeared first on The Motley Fool Australia.
Should you invest $1,000 in Develop Global right now?
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* Returns as of 16 June 2026
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Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.