Preheat your oven to 400°F (200°C). This will ensure your meatballs cook evenly and develop a nice golden-brown color.
In a large mixing bowl, combine the ground beef or turkey, panko bread crumbs, egg, kosher salt, black pepper, garlic powder, minced onion, oregano, and basil. Drizzle in the olive oil. Using your hands or a spatula, gently mix until just combined. Avoid overmixing to ensure tender meatballs.
Using your hands, form the mixture into meatballs about 1 to 1.5 inches in diameter. Place the meatballs onto a baking sheet lined with parchment paper, spaced about an inch apart.
Bake the meatballs in the preheated oven for 18-20 minutes, or until they are cooked through and have an internal temperature of 165°F (74°C).
Once baked, remove the meatballs from the oven and let them sit for a few minutes before serving. These meatballs can be enjoyed with marinara sauce, placed in a sub with melted cheese, or served as an appetizer with your favorite dip.