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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.

Stardust Power stock logo

1. Stardust Power NASDAQ:SDST

$0.51 +0.00 (+0.85%)
Closing price 04:00 PM Eastern
Extended Trading
$0.49 -0.02 (-4.31%)
As of 05:34 PM 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.

Stardust Power Inc is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.

Market Capitalization
$29.53 million
Consensus Rating
Buy
Consensus Price Target
$5.11 (+902.5% Upside)
Volume
248,390 shares
Average Volume
359,629 shares
Today's Range
$0.42
$0.52
OS Therapies stock logo

2. OS Therapies NYSE:OSTX

$1.43 +0.03 (+2.14%)
Closing price 04:00 PM Eastern
Extended Trading
$1.41 -0.02 (-1.47%)
As of 05:31 PM 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.

OS Therapies Incorporated, a clinical stage biopharmaceutical company, focuses on the identification, development, and commercialization of treatments for osteosarcoma and other solid tumors in the United States. More about OS Therapies

Market Capitalization
$30.98 million
Consensus Rating
Buy
Consensus Price Target
$18.00 (+1,158.7% Upside)
Volume
131,864 shares
Average Volume
1.12 million shares
Today's Range
$1.36
$1.46
Denison Mines stock logo

3. Denison Mines NYSEAMERICAN:DNN

$1.18 -0.01 (-0.84%)
Closing price 04:10 PM Eastern
Extended Trading
$1.18 0.00 (0.00%)
As of 05:49 PM 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
$1.06 billion
P/E Ratio
-118.00
Consensus Rating
Buy
Consensus Price Target
$3.00 (+154.2% Upside)
Volume
106.86 million shares
Average Volume
53.17 million shares
enCore Energy stock logo

4. enCore Energy NASDAQ:EU

$1.19 +0.03 (+2.59%)
Closing price 04:00 PM Eastern
Extended Trading
$1.18 -0.01 (-1.26%)
As of 05:45 PM 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.

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. More about enCore Energy

Market Capitalization
$221.80 million
P/E Ratio
-4.25
Consensus Rating
Buy
Consensus Price Target
$4.38 (+267.6% Upside)
Volume
2.60 million shares
Average Volume
1.45 million shares
Cardiol Therapeutics stock logo

5. Cardiol Therapeutics NASDAQ:CRDL

$0.85 +0.04 (+4.94%)
Closing price 04:00 PM Eastern
Extended Trading
$0.90 +0.05 (+6.00%)
As of 05:30 PM 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
$70.22 million
P/E Ratio
-2.18
Consensus Rating
Buy
Consensus Price Target
$8.40 (+888.2% Upside)
Volume
453,254 shares
Average Volume
385,168 shares
Reviva Pharmaceuticals stock logo

6. Reviva Pharmaceuticals NASDAQ:RVPH

$0.60 +0.07 (+13.21%)
Closing price 04:00 PM Eastern
Extended Trading
$0.59 -0.01 (-2.00%)
As of 05:45 PM 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.

Reviva Pharmaceuticals Holdings, Inc, a biopharmaceutical company, discovers, develops, and commercializes next-generation therapeutics for diseases targeting unmet medical needs in the areas of central nervous system, respiratory, inflammatory, and cardiometabolic diseases. More about Reviva Pharmaceuticals

Market Capitalization
$20.07 million
P/E Ratio
-0.54
Consensus Rating
Buy
Consensus Price Target
$10.00 (+1,566.7% Upside)
Volume
862,384 shares
Average Volume
1.10 million shares
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GeoVax Labs stock logo

7. GeoVax Labs NASDAQ:GOVX

$0.95 -0.07 (-6.66%)
As of 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
$8.98 million
P/E Ratio
-0.17
Consensus Rating
Buy
Consensus Price Target
$14.20 (+1,391.4% Upside)
Volume
345,918 shares
Average Volume
603,179 shares
Quince Therapeutics stock logo

8. Quince Therapeutics NASDAQ:QNCX

$1.22 -0.02 (-1.61%)
Closing price 04:00 PM Eastern
Extended Trading
$1.21 -0.01 (-0.82%)
As of 05:12 PM 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
$53.68 million
P/E Ratio
-0.98
Consensus Rating
Buy
Consensus Price Target
$8.00 (+555.7% Upside)
Volume
163,029 shares
Average Volume
245,264 shares
Nkarta stock logo

9. Nkarta NASDAQ:NKTX

$1.56 -0.07 (-4.29%)
Closing price 04:00 PM Eastern
Extended Trading
$1.54 -0.02 (-0.96%)
As of 05:18 PM 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.

Nkarta, Inc, a clinical-stage biopharmaceutical company, develops and commercializes natural killer cell therapies for cancer and autoimmune disease treatment. More about Nkarta

Market Capitalization
$110.69 million
P/E Ratio
-0.83
Consensus Rating
Buy
Consensus Price Target
$14.86 (+852.4% Upside)
Volume
1.20 million shares
Average Volume
1.10 million shares
Mereo BioPharma Group stock logo

10. Mereo BioPharma Group NASDAQ:MREO

$1.83 -0.16 (-8.04%)
Closing price 04:00 PM Eastern
Extended Trading
$1.84 +0.01 (+0.55%)
As of 04:05 PM 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.

Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom, the United States, and internationally. More about Mereo BioPharma Group

Market Capitalization
$283.92 million
P/E Ratio
-30.50
Consensus Rating
Buy
Consensus Price Target
$7.71 (+321.5% Upside)
Volume
2.78 million shares
Average Volume
1.03 million shares
Immunic stock logo

11. Immunic NASDAQ:IMUX

$0.94 -0.05 (-5.21%)
Closing price 04:00 PM Eastern
Extended Trading
$0.95 +0.01 (+0.72%)
As of 05:29 PM 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
$85.03 million
P/E Ratio
-0.77
Consensus Rating
Buy
Consensus Price Target
$13.20 (+1,299.5% Upside)
Volume
769,046 shares
Average Volume
614,790 shares
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Rezolve AI stock logo

12. Rezolve AI NASDAQ:RZLV

$1.28 -0.01 (-0.78%)
Closing price 04:00 PM Eastern
Extended Trading
$1.28 +0.00 (+0.39%)
As of 05:48 PM 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.

Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. More about Rezolve AI

Market Capitalization
$220.39 million
Consensus Rating
Buy
Consensus Price Target
$6.00 (+368.8% Upside)
Volume
2.39 million shares
Average Volume
5.17 million shares
Today's Range
$1.17
$1.38
Lucid Diagnostics stock logo

13. Lucid Diagnostics NASDAQ:LUCD

$1.55 +0.11 (+7.64%)
Closing price 04:00 PM Eastern
Extended Trading
$1.55 0.00 (0.00%)
As of 05:25 PM 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
$140.67 million
P/E Ratio
-1.36
Consensus Rating
Buy
Consensus Price Target
$3.40 (+119.4% Upside)
Volume
1.88 million shares
Average Volume
377,990 shares
PMV Pharmaceuticals stock logo

14. PMV Pharmaceuticals NASDAQ:PMVP

$0.96 -0.04 (-4.00%)
Closing price 04:00 PM Eastern
Extended Trading
$0.96 0.00 (-0.42%)
As of 04:15 PM 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
$49.86 million
P/E Ratio
-0.96
Consensus Rating
Buy
Consensus Price Target
$5.50 (+472.9% Upside)
Volume
129,681 shares
Average Volume
271,770 shares
Western Copper & Gold stock logo

15. Western Copper & Gold NYSE:WRN

$0.94 -0.03 (-3.08%)
As of 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
$188.02 million
P/E Ratio
-47.01
Consensus Rating
Buy
Consensus Price Target
$4.25 (+352.1% Upside)
Volume
445,124 shares
Average Volume
303,516 shares
NRx Pharmaceuticals stock logo

16. NRx Pharmaceuticals NASDAQ:NRXP

$1.81 +0.02 (+1.12%)
Closing price 04:00 PM Eastern
Extended Trading
$1.77 -0.04 (-2.21%)
As of 05:47 PM 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.

NRx Pharmaceuticals, Inc, a clinical-stage bio-pharmaceutical company, develops novel therapeutics for the treatment of central nervous system disorders, including suicidal depression, post-traumatic stress disorder, and chronic pain. More about NRx Pharmaceuticals

Market Capitalization
$30.62 million
P/E Ratio
-0.85
Consensus Rating
Buy
Consensus Price Target
$28.25 (+1,460.8% Upside)
Volume
241,440 shares
Average Volume
452,174 shares
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FibroBiologics stock logo

17. FibroBiologics NASDAQ:FBLG

$0.87 -0.01 (-0.72%)
Closing price 04:00 PM Eastern
Extended Trading
$0.84 -0.03 (-3.90%)
As of 04:42 PM 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
$32.83 million
P/E Ratio
-2.56
Consensus Rating
Buy
Consensus Price Target
$13.00 (+1,394.4% Upside)
Volume
182,065 shares
Average Volume
278,428 shares
HIVE Digital Technologies stock logo

18. HIVE Digital Technologies NASDAQ:HIVE

$1.42 +0.02 (+1.43%)
Closing price 04:00 PM Eastern
Extended Trading
$1.46 +0.04 (+2.46%)
As of 05:49 PM 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.

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. More about HIVE Digital Technologies

Market Capitalization
$233.72 million
P/E Ratio
-28.40
Consensus Rating
Buy
Consensus Price Target
$7.64 (+438.2% Upside)
Volume
8.05 million shares
Average Volume
5.87 million shares
Perspective Therapeutics stock logo

19. Perspective Therapeutics NYSE:CATX

$1.80 0.00 (0.00%)
Closing price 04:00 PM Eastern
Extended Trading
$1.78 -0.03 (-1.39%)
As of 05:12 PM 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.

Perspective Therapeutics, Inc, together with its subsidiaries, develops precision-targeted alpha therapies (TAT) for oncology that treats cancer patients across multiple tumor types comprising metastatic disease. More about Perspective Therapeutics

Market Capitalization
$133.29 million
Consensus Rating
Buy
Consensus Price Target
$13.22 (+634.6% Upside)
Volume
1.16 million shares
Average Volume
804,779 shares
Today's Range
$1.62
$1.89
ProQR Therapeutics stock logo

20. ProQR Therapeutics NASDAQ:PRQR

$1.17 -0.01 (-0.85%)
Closing price 04:00 PM Eastern
Extended Trading
$1.18 +0.02 (+1.28%)
As of 05:00 PM 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.

ProQR Therapeutics N.V., a biotechnology company, focuses on the discovery and development of novel therapeutic medicines. More about ProQR Therapeutics

Market Capitalization
$123.10 million
P/E Ratio
-3.66
Consensus Rating
Buy
Consensus Price Target
$9.50 (+712.0% Upside)
Volume
438,227 shares
Average Volume
572,171 shares
Gain Therapeutics stock logo

21. Gain Therapeutics NASDAQ:GANX

$1.65 0.00 (0.00%)
Closing price 04:00 PM Eastern
Extended Trading
$1.70 +0.05 (+3.03%)
As of 05:48 PM 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.

Gain Therapeutics, Inc, a biotechnology company, develops novel small molecule therapeutics to treat diseases across various therapeutic areas. More about Gain Therapeutics

Market Capitalization
$45.85 million
P/E Ratio
-1.50
Consensus Rating
Buy
Consensus Price Target
$8.20 (+397.0% Upside)
Volume
325,526 shares
Average Volume
245,199 shares
Lexeo Therapeutics stock logo

22. Lexeo Therapeutics NASDAQ:LXEO

$1.79 -0.55 (-23.50%)
Closing price 04:00 PM Eastern
Extended Trading
$1.84 +0.05 (+2.79%)
As of 05:44 PM 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.

Lexeo Therapeutics, Inc operates as a clinical stage genetic medicine company that focuses on hereditary and acquired diseases. More about Lexeo Therapeutics

Market Capitalization
$59.42 million
P/E Ratio
-0.57
Consensus Rating
Buy
Consensus Price Target
$22.80 (+1,173.7% Upside)
Volume
5.88 million shares
Average Volume
376,754 shares
Rani Therapeutics stock logo

23. Rani Therapeutics NASDAQ:RANI

$1.12 -0.09 (-7.44%)
Closing price 04:00 PM Eastern
Extended Trading
$1.14 +0.02 (+2.23%)
As of 05:32 PM 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
$64.16 million
P/E Ratio
-1.06
Consensus Rating
Buy
Consensus Price Target
$12.33 (+1,001.2% Upside)
Volume
341,715 shares
Average Volume
749,620 shares
Context Therapeutics stock logo

24. Context Therapeutics NASDAQ:CNTX

$0.60 +0.01 (+0.98%)
Closing price 04:00 PM Eastern
Extended Trading
$0.58 -0.02 (-3.64%)
As of 05:16 PM 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
$54.27 million
P/E Ratio
-0.66
Consensus Rating
Buy
Consensus Price Target
$6.17 (+919.3% Upside)
Volume
141,484 shares
Average Volume
402,374 shares
Zura Bio stock logo

25. Zura Bio NASDAQ:ZURA

$1.15 +0.12 (+11.65%)
Closing price 04:00 PM Eastern
Extended Trading
$1.15 0.00 (0.00%)
As of 05:10 PM 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.

Zura Bio Limited, a clinical-stage biotechnology company, focuses on developing novel medicines for immune and inflammatory disorders. More about Zura Bio

Market Capitalization
$75.09 million
P/E Ratio
-2.17
Consensus Rating
Buy
Consensus Price Target
$14.67 (+1,175.4% Upside)
Volume
731,789 shares
Average Volume
383,662 shares