3 Growth Stocks That Could Make You a Millionaire in 5 Years: Dutch Bros, Upstart, and Lemonade

Dutch Bros, Upstart Holdings, and Lemonade are growth stocks with long-term prospects. Dutch Bros is expanding its coffee chain, with a 25% CAGR forecasted, potentially tripling in value. Upstart uses AI to evaluate creditworthiness and has seen 102% revenue growth and net profitability. Lemonade is also a growth stock with a strong future potential. Investing in these stocks could lead to millionaire status in five years.

As the stock market continues to show signs of robust growth, several companies are emerging as standouts, particularly Dutch Bros (BROS), Upstart Holdings (UPST), and Lemonade (LMND). These growth stocks offer compelling long-term prospects that could potentially lead to significant returns for investors.

Dutch Bros: A New Concept in Coffee

Dutch Bros is a rapidly growing coffee chain that has demonstrated impressive financial performance. With a distinctive culture focused on fun, fast, and friendly service, Dutch Bros has been expanding its footprint, opening new stores at a steady pace. In the second quarter of 2025, the company reported a 28% year-over-year increase in revenue and a 6.1% increase in same-shop sales [1]. Dutch Bros envisions a future with 7,000 stores, a significant expansion from its current 1,000 stores. If the company maintains a compound annual growth rate (CAGR) of 25% over the next five years, the stock could almost triple, making it a valuable addition to a diversified portfolio [1].

Upstart: A Better Lending Model

Upstart Holdings has been a volatile stock, but its use of artificial intelligence (AI) and machine learning to evaluate creditworthiness has shown promise. The company reported a 102% year-over-year increase in revenue and net profitability in the second quarter of 2025. Upstart's expansion into various types of loans, including home loans, has created diversification that is driving its growth. The stock trades at a reasonable forward one-year price-to-earnings (P/E) ratio of 25, providing room for further expansion. Although the stock is not suitable for risk-averse investors, its potential for market-beating gains over the next five years is substantial [1].

Lemonade: A Better Insurance Model

Lemonade, an AI-driven insurance disruptor, has been growing rapidly. The company's use of digital technology to streamline the insurance process has resulted in a 29% year-over-year increase in in-force premiums and a 24% increase in customer count in the second quarter of 2025. Lemonade targets younger customers, particularly renters, and aims to impress them with efficient service. While the company is not yet profitable, its net loss narrowed in the second quarter, and management expects positive profit on an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis next year. If revenue increases at a CAGR of 25% over the next five years, the stock could more than triple, offering substantial growth potential [1].

Investing in these stocks could lead to millionaire status in five years, depending on the amount invested and the company's ability to maintain their growth trajectories. However, it is essential to conduct thorough research and consider individual investment goals and risk tolerance before making any investment decisions.

References:
[1] https://www.fool.com/investing/2025/08/16/3-growth-stocks-that-could-be-worth-1-million-in-1/