2 Growth Stocks That Could Double by 2030

Finding quality growth stocks with the potential to double by 2030 is achievable. The best candidates to achieve that kind of gain are industry leaders with strong momentum that still isn't fully reflected in their share prices.

Netflix (NASDAQ: NFLX) and Airbnb (NASDAQ: ABNB) fit that profile. Both are delivering double-digit percentage revenue and earnings growth, yet both trade at reasonable earnings multiples.

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Netflix

Netflix stock has fallen by 45% from its June 2025 all-time high, and that pullback has taken it down to a level that appears to undervalue the company's long-term growth.

The streamer already has a massive scale, with 330 million households subscribed. Yet management is guiding for revenue growth of 13% to 14% in 2026 (12% on a currency-neutral basis), suggesting the company still has a meaningful runway.

Just as important, it's only expecting to increase its content spending by 10% this year. When revenue grows faster than expenses, earnings can expand quickly -- and that could be enough to double the stock over the next four years. Netflix's operating margin reached 33.4% in the second quarter of 2026.

Margins could continue to climb as Netflix uses artificial intelligence (AI) in production. For example, the company said on its Q2 earnings call that a 17-minute segment in the documentary The American Experiment was produced using AI-enhanced footage at roughly half the cost of previous methods.

Advertising sales and stock repurchases add two more levers for earnings-per-share growth. Netflix bought back $4.7 billion of stock in Q2. Analysts expect 21% annualized earnings growth over the next several years. If the stock holds near its current forward price-to-earnings multiple of 20, it has a realistic chance of doubling by 2030.

Airbnb

Airbnb is showing signs of renewed momentum after a few softer years. The stock remains below its 2021 high even as revenue growth accelerates.

One major opportunity for the company to drive meaningful long-term growth is by expanding beyond its core home business. In Q2, revenue rose 17% year over year to $3.6 billion, supported by a 16% increase in gross booking value. Hotel nights are growing at about three times the rate of home bookings, and more than a third of its first-time hotel guests return to the platform to book a home stay -- a sign that new categories can feed the core business.

Airbnb is also building itself into a broader travel platform that could include grocery delivery, car rentals, airport pickups, and luggage storage. Not only does this expand its long-term revenue potential, but management believes that it will allow the company to add more services at low incremental cost through partnerships with third-party providers. That could generate significant upside in earnings.

At the same time, the company is using AI to lower its costs. Customer support expenses fell by 16% per booking last quarter, driven by AI tools that resolved nearly half of customer issues without human intervention.

Trading at 31 times forward earnings, and with analysts projecting 20% annualized earnings growth, Airbnb stock has a legitimate path to doubling by 2030.

John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Airbnb and Netflix. The Motley Fool has a disclosure policy.