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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

$0.48 -0.01 (-1.50%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$0.48 -0.01 (-1.04%)
As of 05/6/2025 07:58 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
$28.21 million
Consensus Rating
Buy
Consensus Price Target
$5.11 (+965.1% Upside)
Volume
492,312 shares
Average Volume
368,321 shares
Today's Range
$0.46
$0.50
OS Therapies stock logo

2. OS Therapies NYSE:OSTX

$2.34 +0.14 (+6.36%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$2.34 0.00 (0.00%)
As of 05/6/2025 07:59 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
$50.69 million
Consensus Rating
Buy
Consensus Price Target
$18.00 (+669.2% Upside)
Volume
394,511 shares
Average Volume
481,316 shares
Today's Range
$2.06
$2.49
Denison Mines stock logo

3. Denison Mines NYSEAMERICAN:DNN

$1.49 +0.08 (+5.67%)
Closing price 05/6/2025 04:10 PM Eastern
Extended Trading
$1.50 +0.01 (+0.34%)
As of 05/6/2025 07:55 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
$1.33 billion
P/E Ratio
-149.00
Consensus Rating
Buy
Consensus Price Target
$3.00 (+101.3% Upside)
Volume
78.76 million shares
Average Volume
31.07 million shares
OnKure Therapeutics stock logo

4. OnKure Therapeutics NASDAQ:OKUR

$2.23 -0.28 (-11.16%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$2.23 0.00 (0.00%)
As of 05/6/2025 07:54 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.

OnKure Therapeutics, Inc engages in discovering and developing precision medicines that target biologically validated drivers of cancers underserved by available therapies. More about OnKure Therapeutics

Market Capitalization
$29.96 million
P/E Ratio
-0.18
Consensus Rating
Buy
Consensus Price Target
$32.33 (+1,349.9% Upside)
Volume
81,375 shares
Average Volume
81,563 shares
Cardiol Therapeutics stock logo

5. Cardiol Therapeutics NASDAQ:CRDL

$1.08 -0.08 (-6.52%)
Closing price 05/6/2025 03:59 PM Eastern
Extended Trading
$1.11 +0.04 (+3.26%)
As of 05/6/2025 05:15 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.

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
$88.81 million
P/E Ratio
-2.76
Consensus Rating
Buy
Consensus Price Target
$8.40 (+681.4% Upside)
Volume
191,518 shares
Average Volume
375,726 shares
Quince Therapeutics stock logo

6. Quince Therapeutics NASDAQ:QNCX

$1.05 -0.04 (-3.67%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$1.04 -0.01 (-0.48%)
As of 05/6/2025 07:41 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
$46.33 million
P/E Ratio
-0.85
Consensus Rating
Buy
Consensus Price Target
$8.00 (+661.9% Upside)
Volume
943,601 shares
Average Volume
275,233 shares
Reviva Pharmaceuticals stock logo

7. Reviva Pharmaceuticals NASDAQ:RVPH

$0.79 -0.06 (-7.47%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$0.82 +0.03 (+3.73%)
As of 05/6/2025 07:53 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
$36.86 million
P/E Ratio
-0.71
Consensus Rating
Buy
Consensus Price Target
$10.00 (+1,168.1% Upside)
Volume
394,027 shares
Average Volume
1.14 million shares
GeoVax Labs stock logo

8. GeoVax Labs NASDAQ:GOVX

$0.93 -0.08 (-7.86%)
As of 05/6/2025 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
$12.88 million
P/E Ratio
-0.25
Consensus Rating
Buy
Consensus Price Target
$11.10 (+1,092.8% Upside)
Volume
332,312 shares
Average Volume
576,030 shares
Immunic stock logo

9. Immunic NASDAQ:IMUX

$1.06 -0.06 (-4.91%)
Closing price 05/6/2025 03:59 PM Eastern
Extended Trading
$1.07 +0.00 (+0.09%)
As of 05/6/2025 07:53 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
$102.05 million
P/E Ratio
-0.87
Consensus Rating
Buy
Consensus Price Target
$13.20 (+1,139.4% Upside)
Volume
1.57 million shares
Average Volume
701,928 shares
Rezolve AI stock logo

10. Rezolve AI NASDAQ:RZLV

$1.99 -0.12 (-5.69%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$1.99 0.00 (0.00%)
As of 05/6/2025 07:57 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
$439.43 million
Consensus Rating
Buy
Consensus Price Target
$6.00 (+201.5% Upside)
Volume
4.03 million shares
Average Volume
5.23 million shares
Today's Range
$1.98
$2.11
Mereo BioPharma Group stock logo

11. Mereo BioPharma Group NASDAQ:MREO

$2.34 -0.22 (-8.43%)
Closing price 05/6/2025 03:59 PM Eastern
Extended Trading
$2.35 +0.02 (+0.81%)
As of 05/6/2025 07:57 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
$371.27 million
P/E Ratio
-38.92
Consensus Rating
Buy
Consensus Price Target
$7.71 (+230.4% Upside)
Volume
995,923 shares
Average Volume
1.09 million shares
Lavoro stock logo

12. Lavoro NASDAQ:LVRO

$2.50 -0.15 (-5.66%)
Closing price 05/6/2025 03:58 PM Eastern
Extended Trading
$2.51 +0.01 (+0.40%)
As of 05/6/2025 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.

Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. More about Lavoro

Market Capitalization
$291.53 million
P/E Ratio
-1.53
Consensus Rating
Buy
Consensus Price Target
$5.13 (+105.0% Upside)
Volume
38,645 shares
Average Volume
8,093 shares
Nkarta stock logo

13. Nkarta NASDAQ:NKTX

$1.86 -0.12 (-6.06%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$1.86 +0.00 (+0.27%)
As of 05/6/2025 07:57 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
$131.98 million
P/E Ratio
-0.99
Consensus Rating
Buy
Consensus Price Target
$14.86 (+698.8% Upside)
Volume
693,824 shares
Average Volume
1.08 million shares
Ur-Energy stock logo

14. Ur-Energy NYSEAMERICAN:URG

$0.72 -0.01 (-1.24%)
Closing price 05/6/2025 04:10 PM Eastern
Extended Trading
$0.72 0.00 (0.00%)
As of 05/6/2025 07:55 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.

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. More about Ur-Energy

Market Capitalization
$260.33 million
P/E Ratio
-5.50
Consensus Rating
Buy
Consensus Price Target
$2.30 (+221.7% Upside)
Volume
3.53 million shares
Average Volume
4.17 million shares
Western Copper & Gold stock logo

15. Western Copper & Gold NYSE:WRN

$1.20 +0.10 (+9.09%)
As of 05/6/2025 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
$240 million
P/E Ratio
-60.00
Consensus Rating
Buy
Consensus Price Target
$4.25 (+254.2% Upside)
Volume
484,760 shares
Average Volume
330,054 shares
NRx Pharmaceuticals stock logo

16. NRx Pharmaceuticals NASDAQ:NRXP

$1.92 -0.11 (-5.42%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$1.94 +0.02 (+0.78%)
As of 05/6/2025 07:43 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
$33.07 million
P/E Ratio
-0.90
Consensus Rating
Buy
Consensus Price Target
$28.50 (+1,384.4% Upside)
Volume
136,402 shares
Average Volume
398,024 shares
HIVE Digital Technologies stock logo

17. HIVE Digital Technologies NASDAQ:HIVE

$1.73 +0.01 (+0.58%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$1.78 +0.05 (+3.12%)
As of 05/6/2025 07:59 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
$294.82 million
P/E Ratio
-34.60
Consensus Rating
Buy
Consensus Price Target
$7.64 (+341.8% Upside)
Volume
5.61 million shares
Average Volume
6.32 million shares
Electrovaya stock logo

18. Electrovaya NASDAQ:ELVA

$2.75 +0.11 (+4.17%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$2.84 +0.10 (+3.45%)
As of 05/6/2025 04:48 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.

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
$110.29 million
P/E Ratio
-68.75
Consensus Rating
Buy
Consensus Price Target
$6.10 (+121.8% Upside)
Volume
19,588 shares
Average Volume
51,484 shares
Akebia Therapeutics stock logo

19. Akebia Therapeutics NASDAQ:AKBA

$2.32 -0.02 (-0.85%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$2.34 +0.02 (+1.03%)
As of 05/6/2025 07:46 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.

Akebia Therapeutics, Inc, a biopharmaceutical company, focuses on the development and commercialization of therapeutics for patients with kidney diseases. More about Akebia Therapeutics

Market Capitalization
$607.34 million
P/E Ratio
-10.09
Consensus Rating
Buy
Consensus Price Target
$6.63 (+185.6% Upside)
Volume
3.87 million shares
Average Volume
2.80 million shares
Ceragon Networks stock logo

20. Ceragon Networks NASDAQ:CRNT

$2.26 -0.04 (-1.74%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$2.28 +0.03 (+1.11%)
As of 05/6/2025 07:56 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.

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
$200.98 million
P/E Ratio
8.37
Consensus Rating
Buy
Consensus Price Target
$6.38 (+182.1% Upside)
Volume
504,435 shares
Average Volume
1.06 million shares
Orchestra BioMed stock logo

21. Orchestra BioMed NASDAQ:OBIO

$2.42 -0.14 (-5.47%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$2.44 +0.02 (+1.03%)
As of 05/6/2025 07:40 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.

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
$92.72 million
P/E Ratio
-1.50
Consensus Rating
Buy
Consensus Price Target
$14.20 (+486.8% Upside)
Volume
262,173 shares
Average Volume
157,024 shares
Vigil Neuroscience stock logo

22. Vigil Neuroscience NASDAQ:VIGL

$2.41 -0.48 (-16.61%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$2.51 +0.10 (+4.32%)
As of 05/6/2025 07:54 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.

Vigil Neuroscience, Inc, a clinical-stage biotechnology company, focuses on developing treatments for rare and common neurodegenerative diseases by restoring the vigilance of microglia, the sentinel immune cells of the brain. More about Vigil Neuroscience

Market Capitalization
$118.39 million
P/E Ratio
-1.17
Consensus Rating
Buy
Consensus Price Target
$16.25 (+574.3% Upside)
Volume
257,788 shares
Average Volume
481,231 shares
Genelux stock logo

23. Genelux NASDAQ:GNLX

$2.33 -0.18 (-7.17%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$2.34 +0.00 (+0.21%)
As of 05/6/2025 05:14 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.

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
$87.92 million
P/E Ratio
-2.45
Consensus Rating
Buy
Consensus Price Target
$18.25 (+683.3% Upside)
Volume
158,142 shares
Average Volume
209,311 shares
Lucid Diagnostics stock logo

24. Lucid Diagnostics NASDAQ:LUCD

$1.23 -0.02 (-1.60%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$1.23 0.00 (-0.41%)
As of 05/6/2025 06:18 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.

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
$129.62 million
P/E Ratio
-1.08
Consensus Rating
Buy
Consensus Price Target
$3.50 (+184.6% Upside)
Volume
759,567 shares
Average Volume
474,892 shares
FibroBiologics stock logo

25. FibroBiologics NASDAQ:FBLG

$0.89 -0.06 (-6.34%)
Closing price 05/6/2025 04:00 PM Eastern
Extended Trading
$0.89 +0.00 (+0.12%)
As of 05/6/2025 05:26 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
$34.09 million
P/E Ratio
-2.62
Consensus Rating
Buy
Consensus Price Target
$13.00 (+1,359.2% Upside)
Volume
145,345 shares
Average Volume
293,041 shares