Best Stocks Under $2 Right Now

It can be difficult to find a deal in the stock market regardless of current market conditions. For the last decade, stocks have traded well above historical average P/E ratios. Fortunately there are still a handful of undervalued stocks in corners of the market that most investors ignore. This page lists cheap stocks that have a share price of $2.00 (2 dollars) or less and consisently-receive "buy" and "strong buy" ratings from Wall Street's top-rated research analysts.

Denison Mines stock logo

1. Denison Mines NYSEAMERICAN:DNN

$1.81 +0.02 (+1.12%)
Closing price 02/7/2025 04:10 PM Eastern
Extended Trading
$1.82 +0.01 (+0.55%)
As of 08:58 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. More about Denison Mines

Market Capitalization
$1.60 billion
Consensus Rating
Strong Buy
Consensus Price Target
$3.00 (+65.7% Upside)
Volume
49.90 million shares
Average Volume
35.77 million shares
Today's Range
$1.79
$1.86
Quince Therapeutics stock logo

2. Quince Therapeutics NASDAQ:QNCX

$1.48 -0.10 (-6.33%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.52 +0.04 (+3.04%)
As of 07:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Quince Therapeutics, Inc, a biopharmaceutical company, focuses on acquiring, developing, and commercializing therapeutics for patients with debilitating and rare diseases. More about Quince Therapeutics

Market Capitalization
$69.52 million
Consensus Rating
Buy
Consensus Price Target
$9.50 (+541.9% Upside)
Volume
347,655 shares
Average Volume
126,175 shares
Today's Range
$1.43
$1.60
GeoVax Labs stock logo

3. GeoVax Labs NASDAQ:GOVX

$1.70 -0.01 (-0.58%)
As of 02/7/2025 04:00 PM Eastern

GeoVax Labs, Inc, a clinical-stage biotechnology company, develops human vaccines and immunotherapies against infectious diseases and solid tumor cancers using modified vaccinia ankara virus-like particle vaccine platform. More about GeoVax Labs

Market Capitalization
$16.14 million
Consensus Rating
Buy
Consensus Price Target
$14.20 (+735.3% Upside)
Volume
386,120 shares
Average Volume
584,823 shares
Today's Range
$1.67
$1.76
Cardiol Therapeutics stock logo

4. Cardiol Therapeutics NASDAQ:CRDL

$1.35 -0.10 (-6.90%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.42 +0.06 (+4.81%)
As of 08:49 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Cardiol Therapeutics Inc, a clinical-stage life sciences company, focuses on the research and development of anti-fibrotic and anti-inflammatory therapies for the treatment of heart diseases. More about Cardiol Therapeutics

Market Capitalization
$119.78 million
Consensus Rating
Buy
Consensus Price Target
$8.40 (+522.2% Upside)
Volume
295,052 shares
Average Volume
244,533 shares
Today's Range
$1.31
$1.49
Immunic stock logo

5. Immunic NASDAQ:IMUX

$0.96 -0.02 (-1.98%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.98 +0.02 (+2.53%)
As of 08:56 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Immunic, Inc, a biotechnology company, develops a pipeline of selective oral immunology therapies for the treatment of chronic inflammatory and autoimmune diseases in the United States and Germany. More about Immunic

Market Capitalization
$88.29 million
P/E Ratio
-0.78
Consensus Rating
Buy
Consensus Price Target
$12.67 (+1,218.5% Upside)
Volume
424,888 shares
Average Volume
992,769 shares
Western Copper & Gold stock logo

6. Western Copper & Gold NYSE:WRN

$1.09 0.00 (0.00%)
As of 02/7/2025 04:00 PM Eastern

Western Copper & Gold Corp. operates as an exploration stage company, which engages in the acquisition, exploration, and future development of mineral resource properties. More about Western Copper & Gold

Market Capitalization
$216.25 million
Consensus Rating
Buy
Consensus Price Target
$4.25 (+289.9% Upside)
Volume
239,070 shares
Average Volume
261,528 shares
Today's Range
$1.07
$1.13
FibroBiologics stock logo

7. FibroBiologics NASDAQ:FBLG

$1.86 +0.26 (+16.25%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.89 +0.03 (+1.40%)
As of 08:59 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

FibroBiologics, Inc operates as a cell therapy, regenerative medicine company. It is developing a pipeline of treatments and potential cures for chronic diseases using fibroblast cells and fibroblast-derived materials. More about FibroBiologics

Market Capitalization
$58.25 million
Consensus Rating
Buy
Consensus Price Target
$13.00 (+598.9% Upside)
Volume
2.27 million shares
Average Volume
208,281 shares
Today's Range
$1.75
$2.00
Lucid Diagnostics stock logo

8. Lucid Diagnostics NASDAQ:LUCD

$1.07 +0.10 (+10.56%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.09 +0.02 (+1.87%)
As of 08:57 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Lucid Diagnostics Inc operates as a commercial-stage medical diagnostics technology company in the United States. The company focuses on patients with gastroesophageal reflux disease (GERD) who are at risk of developing esophageal precancer and cancer, primarily highly lethal esophageal adenocarcinoma. More about Lucid Diagnostics

Market Capitalization
$57.43 million
Consensus Rating
Buy
Consensus Price Target
$3.63 (+238.8% Upside)
Volume
781,608 shares
Average Volume
194,222 shares
Today's Range
$0.95
$1.07
PMV Pharmaceuticals stock logo

9. PMV Pharmaceuticals NASDAQ:PMVP

$1.44 +0.01 (+0.70%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.45 +0.01 (+0.69%)
As of 07:07 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

PMV Pharmaceuticals, Inc, a precision oncology company, engages in the discovery and development of small molecule and tumor-agnostic therapies for p53 mutations in cancer. More about PMV Pharmaceuticals

Market Capitalization
$74 million
Consensus Rating
Buy
Consensus Price Target
$5.50 (+281.9% Upside)
Volume
137,918 shares
Average Volume
151,108 shares
Today's Range
$1.42
$1.44
Unicycive Therapeutics stock logo

10. Unicycive Therapeutics NASDAQ:UNCY

$0.57 -0.04 (-7.13%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.57 +0.00 (+0.78%)
As of 08:58 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Unicycive Therapeutics, Inc, a biotechnology company, engages in developing novel therapies for kidney diseases in the United States. More about Unicycive Therapeutics

Market Capitalization
$63.21 million
Consensus Rating
Buy
Consensus Price Target
$5.50 (+872.4% Upside)
Volume
691,045 shares
Average Volume
955,472 shares
Today's Range
$0.56
$0.61
Rani Therapeutics stock logo

11. Rani Therapeutics NASDAQ:RANI

$1.52 -0.13 (-7.88%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.46 -0.06 (-4.28%)
As of 08:59 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Rani Therapeutics Holdings, Inc operates as a clinical stage biotherapeutics company that develops orally administered biologics for patients, physicians, and healthcare systems in the United States. More about Rani Therapeutics

Market Capitalization
$94.53 million
Consensus Rating
Buy
Consensus Price Target
$12.33 (+711.4% Upside)
Volume
2.17 million shares
Average Volume
1.92 million shares
Today's Range
$1.50
$1.65
Context Therapeutics stock logo

12. Context Therapeutics NASDAQ:CNTX

$0.87 -0.02 (-2.57%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.90 +0.03 (+3.64%)
As of 07:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Context Therapeutics Inc, a biopharmaceutical company, develops products for the treatment of solid tumors. Its lead program candidate is CTIM-76, an anti-Claudin 6 (CLDN6) x anti-CD3 bispecific antibody that is intended to redirect T-cell-mediated lysis toward malignant cells expressing CLDN6. More about Context Therapeutics

Market Capitalization
$67.21 million
Consensus Rating
Buy
Consensus Price Target
$6.33 (+625.3% Upside)
Volume
86,101 shares
Average Volume
206,134 shares
Today's Range
$0.85
$0.94
Tenaya Therapeutics stock logo

13. Tenaya Therapeutics NASDAQ:TNYA

$0.96 -0.04 (-3.55%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.99 +0.03 (+2.64%)
As of 08:58 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Tenaya Therapeutics, Inc, a biotechnology company, discovers, develops, and delivers therapies for heart disease in the United States. More about Tenaya Therapeutics

Market Capitalization
$79.22 million
Consensus Rating
Buy
Consensus Price Target
$17.33 (+1,697.1% Upside)
Volume
2.19 million shares
Average Volume
1.73 million shares
Today's Range
$0.95
$1.07
Biodesix stock logo

14. Biodesix NASDAQ:BDSX

$1.00 -0.04 (-3.85%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.00 0.00 (0.00%)
As of 08:35 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Biodesix, Inc operates as a data-driven diagnostic solutions company in the United States. The company offers blood-based lung tests, including Nodify XL2 and Nodify CDT tests, together marketed as part of Nodify Lung Nodule Risk Assessment testing strategy, to assess the risk of lung cancer and help in identifying the appropriate treatment pathway and help physicians in reclassifying risk of malignancy in patients with suspicious lung nodules. More about Biodesix

Market Capitalization
$151.29 million
Consensus Rating
Buy
Consensus Price Target
$3.06 (+206.0% Upside)
Volume
239,585 shares
Average Volume
496,630 shares
Today's Range
$0.99
$1.03
Clearside Biomedical stock logo

15. Clearside Biomedical NASDAQ:CLSD

$1.13 +0.06 (+5.61%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.07 -0.06 (-5.22%)
As of 08:53 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Clearside Biomedical, Inc, a biopharmaceutical company, focuses on the revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space. More about Clearside Biomedical

Market Capitalization
$81.15 million
Consensus Rating
Buy
Consensus Price Target
$5.33 (+372.0% Upside)
Volume
347,017 shares
Average Volume
153,561 shares
Today's Range
$1.06
$1.14
Gossamer Bio stock logo

16. Gossamer Bio NASDAQ:GOSS

$1.06 -0.05 (-4.50%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.06 0.00 (0.00%)
As of 08:32 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Gossamer Bio, Inc, a clinical-stage biopharmaceutical company, focuses on developing and commercializing seralutinib for the treatment of pulmonary arterial hypertension (PAH) in the United States. More about Gossamer Bio

Market Capitalization
$251.53 million
Consensus Rating
Buy
Consensus Price Target
$9.20 (+767.9% Upside)
Volume
693,316 shares
Average Volume
875,129 shares
Today's Range
$1.02
$1.09
Inozyme Pharma stock logo

17. Inozyme Pharma NASDAQ:INZY

$1.45 -0.05 (-3.33%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.48 +0.03 (+1.72%)
As of 08:54 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Inozyme Pharma, Inc, a clinical-stage rare disease biopharmaceutical company, focuses on developing novel therapeutics for the treatment of vasculature, soft tissue, and skeleton diseases. More about Inozyme Pharma

Market Capitalization
$96.36 million
Consensus Rating
Buy
Consensus Price Target
$18.33 (+1,164.4% Upside)
Volume
405,167 shares
Average Volume
1.02 million shares
Today's Range
$1.44
$1.52
Caribou Biosciences stock logo

18. Caribou Biosciences NASDAQ:CRBU

$1.35 -0.07 (-4.93%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.40 +0.05 (+4.07%)
As of 08:36 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Caribou Biosciences, Inc, a clinical-stage biopharmaceutical company, engages in the development of genome-edited allogeneic cell therapies for the treatment of hematologic malignancies in the United States and internationally. More about Caribou Biosciences

Market Capitalization
$128.59 million
Consensus Rating
Buy
Consensus Price Target
$10.33 (+665.4% Upside)
Volume
680,953 shares
Average Volume
1.51 million shares
Today's Range
$1.35
$1.42
Cue Biopharma stock logo

19. Cue Biopharma NASDAQ:CUE

$1.28 -0.07 (-5.19%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.23 -0.05 (-3.98%)
As of 08:26 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Cue Biopharma, Inc, a clinical-stage biopharmaceutical company, develops a novel class of injectable therapeutics to selectively engage and modulate targeted, disease relevant T cells directly within the patient's body. More about Cue Biopharma

Market Capitalization
$85.52 million
Consensus Rating
Buy
Consensus Price Target
$5.00 (+290.6% Upside)
Volume
380,007 shares
Average Volume
266,150 shares
Today's Range
$1.20
$1.38
Elevation Oncology stock logo

20. Elevation Oncology NASDAQ:ELEV

$0.63 -0.04 (-5.85%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.64 +0.01 (+1.41%)
As of 08:56 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Elevation Oncology, Inc, an oncology company, focuses on the discovery and development of cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs. More about Elevation Oncology

Market Capitalization
$39.63 million
Consensus Rating
Buy
Consensus Price Target
$7.20 (+1,040.9% Upside)
Volume
1.22 million shares
Average Volume
3.89 million shares
Today's Range
$0.62
$0.68
Cognition Therapeutics stock logo

21. Cognition Therapeutics NASDAQ:CGTX

$0.64 0.00 (-0.77%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.63 0.00 (-0.63%)
As of 08:59 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Cognition Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in the discovery and development of small molecule therapeutics targeting age-related degenerative diseases and disorders of the central nervous system and retina. More about Cognition Therapeutics

Market Capitalization
$26.59 million
P/E Ratio
-0.65
Consensus Rating
Buy
Consensus Price Target
$8.30 (+1,207.1% Upside)
Volume
298,129 shares
Average Volume
876,450 shares
Ovid Therapeutics stock logo

22. Ovid Therapeutics NASDAQ:OVID

$0.67 -0.03 (-3.87%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.68 +0.01 (+1.49%)
As of 08:52 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Ovid Therapeutics Inc, a biopharmaceutical company, engages in the development of impactful medicines for patients and families with epilepsies and seizure-related neurological disorders in the United States. More about Ovid Therapeutics

Market Capitalization
$49.49 million
Consensus Rating
Buy
Consensus Price Target
$4.03 (+502.0% Upside)
Volume
187,999 shares
Average Volume
544,787 shares
Today's Range
$0.67
$0.71
Century Therapeutics stock logo

23. Century Therapeutics NASDAQ:IPSC

$0.73 -0.04 (-4.92%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.77 +0.04 (+5.73%)
As of 08:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Century Therapeutics, Inc, a biotechnology company, engages in the development of genetically engineered allogeneic cell therapies for the treatment of solid tumor and hematological malignancies. More about Century Therapeutics

Market Capitalization
$64.87 million
Consensus Rating
Buy
Consensus Price Target
$10.00 (+1,278.5% Upside)
Volume
516,676 shares
Average Volume
479,856 shares
Today's Range
$0.72
$0.78
Beyond Air stock logo

24. Beyond Air NASDAQ:XAIR

$0.42 +0.02 (+3.85%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$0.44 +0.03 (+6.40%)
As of 09:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Beyond Air, Inc operates as a commercial-stage medical device and biopharmaceutical company in the United States. The company engages in the development of LungFit platform, a nitric oxide generator and delivery system. More about Beyond Air

Market Capitalization
$31.58 million
P/E Ratio
-0.29
Consensus Rating
Buy
Consensus Price Target
$3.67 (+782.7% Upside)
Volume
1.32 million shares
Average Volume
1.03 million shares
Taysha Gene Therapies stock logo

25. Taysha Gene Therapies NASDAQ:TSHA

$1.75 +0.09 (+5.42%)
Closing price 02/7/2025 04:00 PM Eastern
Extended Trading
$1.77 +0.02 (+1.14%)
As of 08:37 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Taysha Gene Therapies, Inc, a gene therapy company, focuses on developing and commercializing adeno-associated virus-based gene therapies for the treatment of monogenic diseases of the central nervous system. More about Taysha Gene Therapies

Market Capitalization
$340.21 million
P/E Ratio
2.78
Consensus Rating
Buy
Consensus Price Target
$6.63 (+278.6% Upside)
Volume
3.24 million shares
Average Volume
2.06 million shares