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Best Stocks Under $3 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 $3.00 (3 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

$0.64 0.00 (-0.39%)
As of 09:32 AM Eastern
This is a fair market value 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
$36.76 million
Consensus Rating
Buy
Consensus Price Target
$5.11 (+705.1% Upside)
Volume
1,484 shares
Average Volume
353,185 shares
Today's Range
$0.62
$0.62
Achieve Life Sciences stock logo

2. Achieve Life Sciences NASDAQ:ACHV

$2.20 +0.03 (+1.15%)
As of 09:37 AM Eastern
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Achieve Life Sciences, Inc, a clinical-stage pharmaceutical company, develops and commercializes cytisinicline for smoking cessation and nicotine addiction. More about Achieve Life Sciences

Market Capitalization
$76.48 million
P/E Ratio
-1.95
Consensus Rating
Buy
Consensus Price Target
$15.75 (+614.3% Upside)
Volume
97,460 shares
Average Volume
180,346 shares
OS Therapies stock logo

3. OS Therapies NYSE:OSTX

$1.36 +0.11 (+8.80%)
As of 09:37 AM Eastern
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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
$29.03 million
Consensus Rating
Buy
Consensus Price Target
$18.00 (+1,223.5% Upside)
Volume
103,829 shares
Average Volume
494,082 shares
Today's Range
$1.27
$1.39
Denison Mines stock logo

4. Denison Mines NYSEAMERICAN:DNN

$1.34 +0.03 (+1.91%)
As of 09:38 AM Eastern
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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
$1.20 billion
P/E Ratio
-133.50
Consensus Rating
Buy
Consensus Price Target
$3.00 (+124.7% Upside)
Volume
9,590 shares
Average Volume
54.11 million shares
Solid Biosciences stock logo

5. Solid Biosciences NASDAQ:SLDB

$2.76 +0.06 (+2.03%)
As of 09:38 AM Eastern
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Solid Biosciences Inc, a life science company, develops therapies for neuromuscular and cardiac diseases in the United States. More about Solid Biosciences

Market Capitalization
$212.72 million
P/E Ratio
-0.90
Consensus Rating
Buy
Consensus Price Target
$15.67 (+467.0% Upside)
Volume
755 shares
Average Volume
880,693 shares
Quince Therapeutics stock logo

6. Quince Therapeutics NASDAQ:QNCX

$1.00 0.00 (0.00%)
As of 09:35 AM Eastern
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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
$44.00 million
P/E Ratio
-0.81
Consensus Rating
Buy
Consensus Price Target
$8.00 (+700.0% Upside)
Volume
68,358 shares
Average Volume
246,612 shares
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GeoVax Labs stock logo

7. GeoVax Labs NASDAQ:GOVX

$0.75 -0.32 (-30.00%)
As of 09:09 AM 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
$10.37 million
P/E Ratio
-0.13
Consensus Rating
Buy
Consensus Price Target
$12.90 (+1,622.3% Upside)
Volume
272,150 shares
Average Volume
588,489 shares
Reviva Pharmaceuticals stock logo

8. Reviva Pharmaceuticals NASDAQ:RVPH

$0.79 +0.01 (+1.53%)
As of 09:38 AM Eastern
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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
$36.88 million
P/E Ratio
-0.71
Consensus Rating
Buy
Consensus Price Target
$10.00 (+1,169.0% Upside)
Volume
4,762 shares
Average Volume
1.11 million shares
Cardiol Therapeutics stock logo

9. Cardiol Therapeutics NASDAQ:CRDL

$1.00 -0.03 (-3.01%)
As of 09:37 AM Eastern
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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
$82.53 million
P/E Ratio
-2.56
Consensus Rating
Buy
Consensus Price Target
$8.40 (+740.8% Upside)
Volume
3,010 shares
Average Volume
246,266 shares
Mereo BioPharma Group stock logo

10. Mereo BioPharma Group NASDAQ:MREO

$1.93 -0.02 (-1.18%)
As of 09:39 AM Eastern
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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
$300.98 million
P/E Ratio
-32.33
Consensus Rating
Buy
Consensus Price Target
$7.71 (+304.1% Upside)
Volume
1.96 million shares
Average Volume
1.05 million shares
Nkarta stock logo

11. Nkarta NASDAQ:NKTX

$1.72 +0.02 (+1.18%)
As of 09:38 AM Eastern
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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
$120.98 million
P/E Ratio
-0.91
Consensus Rating
Buy
Consensus Price Target
$14.86 (+771.4% Upside)
Volume
824 shares
Average Volume
1.44 million shares
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Rezolve AI stock logo

12. Rezolve AI NASDAQ:RZLV

$1.20 +0.06 (+4.91%)
As of 09:38 AM Eastern
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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
$207.48 million
Consensus Rating
Buy
Consensus Price Target
$6.00 (+397.9% Upside)
Volume
485,339 shares
Average Volume
5.06 million shares
Today's Range
$1.20
$1.20
Immunic stock logo

13. Immunic NASDAQ:IMUX

$0.93 +0.01 (+1.51%)
As of 09:37 AM Eastern
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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
$83.84 million
P/E Ratio
-0.76
Consensus Rating
Buy
Consensus Price Target
$13.20 (+1,316.3% Upside)
Volume
2,082 shares
Average Volume
620,362 shares
Lucid Diagnostics stock logo

14. Lucid Diagnostics NASDAQ:LUCD

$1.18 -0.01 (-1.26%)
As of 09:39 AM Eastern
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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
$105.73 million
P/E Ratio
-1.02
Consensus Rating
Buy
Consensus Price Target
$3.40 (+188.6% Upside)
Volume
2,247 shares
Average Volume
433,742 shares
FibroBiologics stock logo

15. FibroBiologics NASDAQ:FBLG

$1.01 +0.03 (+3.47%)
As of 09:38 AM Eastern
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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
$37.62 million
P/E Ratio
-2.93
Consensus Rating
Buy
Consensus Price Target
$13.00 (+1,213.1% Upside)
Volume
299 shares
Average Volume
281,142 shares
Electrovaya stock logo

16. Electrovaya NASDAQ:ELVA

$2.46 -0.02 (-0.81%)
As of 09:37 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Electrovaya Inc engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. More about Electrovaya

Market Capitalization
$98.66 million
P/E Ratio
-61.50
Consensus Rating
Buy
Consensus Price Target
$6.10 (+148.0% Upside)
Volume
18,090 shares
Average Volume
51,025 shares
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Genelux stock logo

17. Genelux NASDAQ:GNLX

$2.48 +0.02 (+0.81%)
As of 09:37 AM Eastern
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Genelux Corporation, a clinical-stage biopharmaceutical company, focuses on developing next-generation oncolytic viral immunotherapies for patients suffering from aggressive and/or difficult-to-treat solid tumor types. More about Genelux

Market Capitalization
$85.30 million
P/E Ratio
-2.59
Consensus Rating
Buy
Consensus Price Target
$18.25 (+635.9% Upside)
Volume
157,625 shares
Average Volume
210,543 shares
Western Copper & Gold stock logo

18. Western Copper & Gold NYSE:WRN

$1.20 +0.07 (+6.19%)
As of 09:07 AM 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
$240 million
P/E Ratio
-60.00
Consensus Rating
Buy
Consensus Price Target
$4.25 (+254.2% Upside)
Volume
10,875 shares
Average Volume
304,749 shares
HIVE Digital Technologies stock logo

19. HIVE Digital Technologies NASDAQ:HIVE

$1.50 +0.02 (+1.01%)
As of 09:39 AM Eastern
This is a fair market value 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
$248.42 million
P/E Ratio
-30.00
Consensus Rating
Buy
Consensus Price Target
$7.64 (+407.8% Upside)
Volume
39,771 shares
Average Volume
5.96 million shares
Orchestra BioMed stock logo

20. Orchestra BioMed NASDAQ:OBIO

$2.97 -0.01 (-0.34%)
As of 09:37 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Orchestra BioMed Holdings, Inc operates as a biomedical innovation company. The company's flagship product candidates include BackBeat Cardiac Neuromodulation Therapy (CNT) for the treatment of hypertension (HTN); and Virtue Sirolimus AngioInfusion Balloon (SAB) for the treatment of atherosclerotic artery disease. More about Orchestra BioMed

Market Capitalization
$116.01 million
P/E Ratio
-1.88
Consensus Rating
Buy
Consensus Price Target
$15.00 (+405.1% Upside)
Volume
41,397 shares
Average Volume
85,663 shares
Ceragon Networks stock logo

21. Ceragon Networks NASDAQ:CRNT

$2.10 -0.01 (-0.24%)
As of 09:38 AM Eastern
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Ceragon Networks Ltd., together with its subsidiaries, provides wireless transport solutions for cellular operators and other wireless service providers in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. More about Ceragon Networks

Market Capitalization
$185.67 million
P/E Ratio
7.74
Consensus Rating
Buy
Consensus Price Target
$6.38 (+204.3% Upside)
Volume
532 shares
Average Volume
1.03 million shares
NRx Pharmaceuticals stock logo

22. NRx Pharmaceuticals NASDAQ:NRXP

$2.06 +0.04 (+1.72%)
As of 09:37 AM Eastern
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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
$34.93 million
P/E Ratio
-0.96
Consensus Rating
Buy
Consensus Price Target
$28.25 (+1,268.0% Upside)
Volume
1,985 shares
Average Volume
444,990 shares
Perspective Therapeutics stock logo

23. Perspective Therapeutics NYSE:CATX

$2.08 +0.03 (+1.46%)
As of 09:37 AM Eastern
This is a fair market value 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
$154.03 million
Consensus Rating
Buy
Consensus Price Target
$12.75 (+513.0% Upside)
Volume
891 shares
Average Volume
826,331 shares
Today's Range
$2.15
$2.15
ProQR Therapeutics stock logo

24. ProQR Therapeutics NASDAQ:PRQR

$1.17 +0.05 (+4.46%)
As of 09:38 AM Eastern
This is a fair market value 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
$122.57 million
P/E Ratio
-3.64
Consensus Rating
Buy
Consensus Price Target
$9.50 (+712.0% Upside)
Volume
989,632 shares
Average Volume
578,738 shares
Gain Therapeutics stock logo

25. Gain Therapeutics NASDAQ:GANX

$1.82 -0.05 (-2.89%)
As of 09:38 AM Eastern
This is a fair market value 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
$51.27 million
P/E Ratio
-1.68
Consensus Rating
Buy
Consensus Price Target
$8.20 (+353.0% Upside)
Volume
7,130 shares
Average Volume
289,387 shares