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Best Penny Stocks Under 50 Cents 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. These penny stocks all have a super-low share price of $0.50 or less and are sorted by average trading volume in dollars. These companies are considered the most actively-traded stocks priced under $0.50.

Stem stock logo

1. Stem NYSE:STEM

$0.35 0.00 (0.00%)
As of 11:56 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Stem, Inc operates as a digitally connected, intelligent, and renewable energy storage network provider worldwide. The company offers energy storage hardware sourced from original equipment manufacturers (OEMs); edge hardware to aid in the collection of site data and real-time operation and control of the site and other optional equipment; and Athena, a software platform, which offers battery hardware and software-enabled services to operate the energy storage systems. More about Stem

Market Capitalization
$56.96 million
P/E Ratio
-0.07
Consensus Rating
Hold
Consensus Price Target
$1.11 (+220.2% Upside)
Volume
1.68 million shares
Average Volume
9.86 million shares
Sunnova Energy International stock logo

2. Sunnova Energy International NYSE:NOVA

$0.28 -0.03 (-8.73%)
As of 11:57 AM Eastern
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Sunnova Energy International Inc engages in the provision of energy as a service in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and solar energy system and energy storage system diagnostics services. More about Sunnova Energy International

Market Capitalization
$34.77 million
P/E Ratio
-0.08
Consensus Rating
Hold
Consensus Price Target
$5.37 (+1,838.5% Upside)
Volume
5.38 million shares
Average Volume
11.00 million shares
Lexicon Pharmaceuticals stock logo

3. Lexicon Pharmaceuticals NASDAQ:LXRX

$0.47 +0.06 (+13.15%)
As of 11:57 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Lexicon Pharmaceuticals, Inc, a biopharmaceutical company, focuses on the discovery, development, and commercialization of pharmaceutical products. More about Lexicon Pharmaceuticals

Market Capitalization
$116.96 million
P/E Ratio
-0.63
Consensus Rating
Hold
Consensus Price Target
$3.67 (+673.6% Upside)
Volume
8.28 million shares
Average Volume
6.15 million shares
WW International stock logo

4. WW International NASDAQ:WW

$0.49 -0.03 (-6.61%)
As of 11:55 AM Eastern
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WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. More about WW International

Market Capitalization
$38.94 million
P/E Ratio
-0.08
Consensus Rating
Hold
Consensus Price Target
$3.00 (+517.3% Upside)
Volume
774,745 shares
Average Volume
4.48 million shares
Chegg stock logo

5. Chegg NYSE:CHGG

$0.48 -0.03 (-5.68%)
As of 11:56 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Chegg, Inc operates a direct-to-student learning platform that helps learners build essential life and job skills to accelerate their path from learning programs in the United States and internationally. More about Chegg

Market Capitalization
$50.66 million
P/E Ratio
-0.06
Consensus Rating
Reduce
Consensus Price Target
$2.08 (+332.2% Upside)
Volume
1.68 million shares
Average Volume
3.27 million shares
Nikola stock logo

6. Nikola NASDAQ:NKLA

$0.18 -0.07 (-28.74%)
Closing price 02/25/2025
Extended Trading
$0.18 0.00 (0.00%)
As of 02/25/2025 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.

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. More about Nikola

Market Capitalization
$11.14 million
P/E Ratio
-0.01
Consensus Rating
Hold
Consensus Price Target
$12.00 (+6,457.4% Upside)
Volume
36.66 million shares
Average Volume
8.32 million shares
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Applied Therapeutics stock logo

7. Applied Therapeutics NASDAQ:APLT

$0.42 -0.01 (-2.74%)
As of 11:57 AM Eastern
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Applied Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in the development of a pipeline of novel product candidates against validated molecular targets in indications of high unmet medical need in the United States. More about Applied Therapeutics

Market Capitalization
$49.22 million
P/E Ratio
-0.26
Consensus Rating
Moderate Buy
Consensus Price Target
$6.10 (+1,342.1% Upside)
Volume
1.32 million shares
Average Volume
3.08 million shares
GlycoMimetics stock logo

8. GlycoMimetics NASDAQ:GLYC

$0.18 0.00 (-1.11%)
As of 11:57 AM Eastern
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GlycoMimetics, Inc, a biotechnology company, focuses on the discovery and development of therapies for cancers and inflammatory diseases in the United States. More about GlycoMimetics

Market Capitalization
$11.68 million
Consensus Rating
Hold
Volume
245,541 shares
Average Volume
6.74 million shares
Today's Range
$0.18
$0.18
50-Day Range
$0.18
$0.36
Genprex stock logo

9. Genprex NASDAQ:GNPX

$0.32 -0.02 (-5.67%)
As of 11:56 AM Eastern
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Genprex, Inc, a clinical-stage gene therapy company, focuses on developing gene-based therapies for patients with cancer and diabetes in the United States. More about Genprex

Market Capitalization
$2.69 million
Consensus Rating
Buy
Consensus Price Target
$10.00 (+3,064.6% Upside)
Volume
2.20 million shares
Average Volume
3.52 million shares
Today's Range
$0.26
$0.33
CytomX Therapeutics stock logo

10. CytomX Therapeutics NASDAQ:CTMX

$0.42 -0.04 (-8.47%)
As of 11:57 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

CytomX Therapeutics, Inc, an oncology-focused biopharmaceutical company, focuses on developing novel conditionally activated biologics localized to the tumor microenvironment. More about CytomX Therapeutics

Market Capitalization
$33.00 million
P/E Ratio
2.42
Consensus Rating
Moderate Buy
Consensus Price Target
$5.02 (+1,104.4% Upside)
Volume
1.16 million shares
Average Volume
2.65 million shares
ReShape Lifesciences stock logo

11. ReShape Lifesciences NASDAQ:RSLS

$0.44 -0.02 (-3.26%)
As of 11:57 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

ReShape Lifesciences Inc provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. More about ReShape Lifesciences

Market Capitalization
$1.47 million
P/E Ratio
-0.03
Consensus Rating
Hold
Volume
17.18 million shares
Average Volume
2.29 million shares
Today's Range
$0.43
$0.62
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Canoo stock logo

12. Canoo NASDAQ:GOEV

$0.34 -0.07 (-15.95%)
Closing price 01/28/2025
Extended Trading
$0.34 0.00 (0.00%)
As of 01/28/2025 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.

Canoo Inc, a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. More about Canoo

Market Capitalization
$1.67 million
P/E Ratio
0.00
Consensus Rating
Hold
Consensus Price Target
$42.63 (+12,291.0% Upside)
Volume
6.24 million shares
Average Volume
2.71 million shares
Nektar Therapeutics stock logo

13. Nektar Therapeutics NASDAQ:NKTR

$0.49 -0.06 (-10.67%)
As of 11:56 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Nektar Therapeutics, a biopharmaceutical company, focuses on discovering and developing medicines in the field of immunotherapy in the United States and internationally. More about Nektar Therapeutics

Market Capitalization
$93.24 million
P/E Ratio
-0.60
Consensus Rating
Buy
Consensus Price Target
$4.92 (+897.3% Upside)
Volume
1.67 million shares
Average Volume
1.85 million shares
Aethlon Medical stock logo

14. Aethlon Medical NASDAQ:AEMD

$0.36 +0.00 (+1.31%)
As of 11:55 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Aethlon Medical, Inc, a medical therapeutic company, focuses on developing products to treat cancer and life-threatening infectious diseases in the United States. More about Aethlon Medical

Market Capitalization
$5.13 million
P/E Ratio
-0.22
Consensus Rating
Buy
Consensus Price Target
$7.00 (+1,871.8% Upside)
Volume
48,484 shares
Average Volume
2.48 million shares
Cognition Therapeutics stock logo

15. Cognition Therapeutics NASDAQ:CGTX

$0.33 -0.02 (-5.70%)
As of 11:55 AM Eastern
This is a fair market value 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
$20.82 million
P/E Ratio
-0.35
Consensus Rating
Buy
Consensus Price Target
$7.13 (+2,033.2% Upside)
Volume
556,991 shares
Average Volume
2.51 million shares
TransCode Therapeutics stock logo

16. TransCode Therapeutics NASDAQ:RNAZ

$0.45 -0.01 (-2.66%)
As of 11:56 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

TransCode Therapeutics, Inc, a ribonucleic acid (RNA) oncology company, focuses on the development and commercialization of drugs and diagnostics for treating and identifying various cancers. More about TransCode Therapeutics

Market Capitalization
$5.90 million
Consensus Rating
Buy
Consensus Price Target
$20.00 (+4,384.3% Upside)
Volume
973,694 shares
Average Volume
1.83 million shares
Today's Range
$0.41
$0.48
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Cardio Diagnostics stock logo

17. Cardio Diagnostics NASDAQ:CDIO

$0.31 +0.00 (+1.47%)
As of 11:54 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Cardio Diagnostics Holdings, Inc develops and commercializes epigenetics-based clinical tests for cardiovascular disease. More about Cardio Diagnostics

Market Capitalization
$16.22 million
Consensus Rating
Buy
Consensus Price Target
$2.00 (+545.2% Upside)
Volume
483,048 shares
Average Volume
2.54 million shares
Today's Range
$0.28
$0.34
Mersana Therapeutics stock logo

18. Mersana Therapeutics NASDAQ:MRSN

$0.32 +0.01 (+4.66%)
As of 11:57 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Mersana Therapeutics, Inc, a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet needs. More about Mersana Therapeutics

Market Capitalization
$39.38 million
P/E Ratio
-0.52
Consensus Rating
Buy
Consensus Price Target
$4.00 (+1,161.8% Upside)
Volume
1.69 million shares
Average Volume
2.44 million shares
Vaxart stock logo

19. Vaxart NASDAQ:VXRT

$0.32 -0.01 (-4.01%)
As of 11:56 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Vaxart, Inc, a clinical-stage biotechnology company, discovers and develops oral recombinant protein vaccines based on its proprietary oral vaccine platform. More about Vaxart

Market Capitalization
$73.63 million
P/E Ratio
-0.79
Consensus Rating
Buy
Consensus Price Target
$3.00 (+828.8% Upside)
Volume
2.02 million shares
Average Volume
2.39 million shares
ImmunoPrecise Antibodies stock logo

20. ImmunoPrecise Antibodies NASDAQ:IPA

$0.37 +0.01 (+1.69%)
As of 11:53 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

ImmunoPrecise Antibodies Ltd., together with its subsidiaries, operates as a biotherapeutic research and technology company in Canada and internationally. More about ImmunoPrecise Antibodies

Market Capitalization
$11.37 million
P/E Ratio
-0.47
Consensus Rating
Buy
Consensus Price Target
$4.00 (+992.9% Upside)
Volume
294,460 shares
Average Volume
2.07 million shares
LeddarTech stock logo

21. LeddarTech NASDAQ:LDTC

$0.36 -0.05 (-13.00%)
As of 11:52 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

LeddarTech Holdings Inc provides AI-based fusion and perception software solutions for advanced driver assistance solutions and autonomous driving applications in Canada. More about LeddarTech

Market Capitalization
$10.47 million
P/E Ratio
-0.11
Consensus Rating
Moderate Buy
Consensus Price Target
$3.00 (+724.2% Upside)
Volume
217,374 shares
Average Volume
2.08 million shares
New Horizon Aircraft stock logo

22. New Horizon Aircraft NASDAQ:HOVR

$0.42 -0.03 (-5.56%)
As of 11:56 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. More about New Horizon Aircraft

Market Capitalization
$13.49 million
Consensus Rating
Strong Buy
Consensus Price Target
$2.00 (+370.6% Upside)
Volume
129,039 shares
Average Volume
1.69 million shares
Today's Range
$0.41
$0.45
Asensus Surgical stock logo

23. Asensus Surgical NYSEAMERICAN:ASXC

$0.35 0.00 (0.00%)
As of 08/22/2024

Asensus Surgical, Inc, a medical device company, engages in the research, development, and sale of medical device robotics to enhance minimally invasive surgery (MIS) in the United States, Europe, the Middle East, Africa, and Asia. More about Asensus Surgical

Market Capitalization
$94.74 million
P/E Ratio
-1.12
Consensus Rating
Hold
Consensus Price Target
$0.35 (+0.6% Upside)
Average Volume
2.03 million shares
Today's Range
$0.35
$0.35
Unicycive Therapeutics stock logo

24. Unicycive Therapeutics NASDAQ:UNCY

$0.48 -0.04 (-7.93%)
As of 11:56 AM Eastern
This is a fair market value 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
$56.74 million
P/E Ratio
-0.49
Consensus Rating
Buy
Consensus Price Target
$5.25 (+1,005.3% Upside)
Volume
1.52 million shares
Average Volume
1.43 million shares
Brand Engagement Network stock logo

25. Brand Engagement Network NASDAQ:BNAI

$0.31 0.00 (-0.64%)
As of 11:56 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Brand Engagement Network, Inc provides conversational AI assistants. The company offers security-focused, multimodal communication, and human-like assistants. More about Brand Engagement Network

Market Capitalization
$12.12 million
Consensus Rating
Buy
Consensus Price Target
$6.00 (+1,841.7% Upside)
Volume
336,738 shares
Average Volume
2.20 million shares
Today's Range
$0.26
$0.32