12 Best NYSE Penny Stocks to Buy According to Analysts

In this article, we will be looking into 12 best NYSE penny stocks to buy according to analysts.

President Trump’s tariffs on Canada and Mexico went live on March 4, 2025, after a one-month moratorium, prompting retaliatory tariffs from both countries and China. This “game of tariffs” is expected to impact the US economy significantly. Immediately after Trump’s announcement, the S&P 500 fell to a new low (5,732.59) since November last year. Although the index had recouped some losses slightly (to 5,778.15 at the time of writing), the message is clear: Trump has ignited a full-blown trade war, and investors aren’t willing to take any losses.

Legendary investor Warren Buffett commented on this situation, saying the American people will suffer the sharpest pain from the tariffs. “Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war, to some degree. Over time, they are a tax on goods. I mean, the tooth fairy doesn’t pay ’em! And then what? You always have to ask that question in economics. You always say, ‘And then what?’” Buffet told CBS News’ Norah O’Donnell.

READ ALSO: 10 Stocks Targeted by Activist Investors Right Now and 8 Best Value Penny Stocks to Invest in Now.

However, others see this policy as the Trump administration’s strategy to try to renegotiate some of the trade deals the US has with the countries in question. Spencer Ford, CEO and Wealth Advisor with Conservative Financial Solutions believes that this administration wants to win in the eyes of Americans, and if tariffs are the way, so be it. Although he doesn’t hesitate to suggest a better approach:

“The way they’re gonna do that [score better trade deals] is through a strong economy, and you don’t do that through prolonged tariffs because it just makes things more expensive. They’re [tariffs] inflationary. And as we’ve seen, it’s not really good for the investment markets. I think a lot of people are hoping maybe we’ll see what happened from Friday to today with Ukraine where, Yeah. Suddenly there’s a change of heart there.”

Will Trump change heart? Probably. US Commerce Secretary Howard Lutnick recently announced that President Trump will likely announce a deal to cut tariffs on the neighbors. “Both the Canadians and Mexicans were on the phone with me all day today trying to show that they’ll do better on reducing the flow of the synthetic opioid fentanyl into the US,” he told Fox Business Network.

But whatever happens, the damage has already been done. Looking at the NYSE, most companies listed on the exchange have been doing great since Trump’s comeback at the White House. The NYSE Composite Index has been in the green since January 10, 2025. However, this growth was almost wiped off in a single day when the US tariffs were effected, and the target countries announced retaliations.

On the very day the tariffs were effected, the NYSE shed over 2% in value. This index includes a mix of large-cap, mid-cap, and small-cap shares, but the scales tip towards large-cap stocks. This tells you that when the index posts losses, the sell-off affects large-cap stocks more. Granted, small-caps were also affected but the largest impact went to the huge conglomerates that often operate across borders.

The latest data shows that NYSE stocks are recovering—the NYSE has so far climbed 1.33% (as of the close on March 5). A lot of this activity is investors’ optimism about a tariff reprieve across more sectors after Trump gave the big three automakers a one-month reprieve. But whether this will happen is a question no one can answer right now. That means that the possibility of the NYSE stocks taking another dip in the future is real. And the shares whose value is much more at stake are the large-caps, which makes this an opportune time to consider NYSE penny stocks.

Our Methodology

To assemble these companies, we used stock screeners to identify NYSE stocks trading under $5. We filtered the resulting companies and picked 12 stocks based on upside potential (at least 30% as of March 7). Additionally, we have included the hedge fund sentiment around each stock, as of Q4 2024.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

12 Best NYSE Penny Stocks to Buy According to Analysts

12. Borr Drilling Limited (NYSE:BORR)

Price as of March 7: $2.27

Analysts upside potential as of March 7: 58.59%

Number of Hedge Fund Holders In Q4 2024: 16

Borr Drilling Limited (NYSE:BORR) is an offshore drilling contractor that owns and operates a fleet of 24 modern jack-up rigs. The company has strategically positioned itself with the youngest premium jack-up fleet in the industry. It provides drilling services to oil and gas exploration and production companies worldwide.

On February 19, 2025, the company reported Q4 2024 financial results, which point to a business at its best financially. Total operating revenues increased by 9% to $263.1 million compared to $241.6 million in the previous quarter. Adjusted EBITDA climbed to $136.7 million, an 18% increase quarter-over-quarter. The adjusted EBITDA margin also improved, moving from 47.8% in Q3 2024 to 52.0%. But net income scored the largest jump, increasing by 171% to $26.3 million in Q4 2024 from $9.7 million in Q3.

The strong financial performance comes at a time when investors are fleeing the stock in droves. For perspective, the stock is down 4.51% year-to-date (at the time of writing). But if the robust financial numbers aren’t enough, perhaps the operational performance may turn sentiment around. In a recent investor presentation, the company reported a 98.9% technical utilization rate and a 97.1% economic utilization rate. Add to that the fact that Borr Drilling Limited (NYSE:BORR) has secured solid contract coverage, with 77% of 2025 already covered.

Throughout 2024, the company secured 19 new contracts, adding 4,500 backlog days and $795 million in backlog revenue, with an average day rate of $177,000 for new contracts. No wonder analysts project an upside potential of 58.59% from its current price point, which is also why the company is number 12 in this list of NYSE penny stocks to buy.

11. Lithium Americas Corp. (NYSE:LAC)

Price as of March 7: $3.05

Analysts upside potential as of March 7: 65.57%

Number of Hedge Fund Holders In Q4 2024: 10

Lithium Americas Corp. (NYSE:LAC) explores and develops lithium resources. The company undertakes projects that produce lithium primarily in Canada and the US. The Thacker Pass project in Humboldt County, Nevada, is the company’s flagship project. The project is indirectly owned by Lithium Nevada Ventures LLC, a joint venture between Lithium Americas (62% ownership) and General Motors Holdings LLC (38% ownership).

On January 7, 2025, Lithium Americas Corp. (NYSE:LAC) announced a significant increase in the mineral resource and reserve estimate for Thacker Pass. The company reported Proven and Probable mineral reserves of 14.3 million tons of lithium carbonate equivalent (LCE) at an average grade of 2,540 parts per million lithium, a 286% increase since November 2022. The Measured and Indicated mineral resource estimate increased by 177% to 44.5 million tons of LCE at an average grade of 2,230 ppm lithium.

The company plans to develop Thacker Pass in phases, targeting a total production capacity of 160,000 tons per year of battery-quality lithium carbonate across four phases of 40,000 tons per year each. There will also be a fifth phase for a sulfuric acid plant. Project economics for the 85-year life of the mine shows an after-tax net present value of $8.7 billion at an 8% discount rate and a 20.0% after-tax internal rate of return based on a lithium carbonate price assumption of $24,000 per ton.

Most recently, on March 5, 2025, Lithium Americas Corp. (NYSE:LAC) announced a $250 million investment from Orion Resource Partners LP. The investment should achieve fully funded status at both the project and corporate level for the development and construction of Phase 1 of Thacker Pass. The initial $220 million investment is expected to satisfy all remaining equity capital fundraising requirements under the previously announced $2.26 billion loan from the US Department of Energy. The company expects to make a final investment decision for Phase 1 of Thacker Pass concurrently with the closing of the initial investment, which is targeted for the week of March 10, 2025. Phase 1 is expected to create nearly 2,000 jobs during construction and approximately 350 full-time jobs during operations, with completion targeted for late 2027. This explains analysts’ projection of the stock’s upside potential of 65.57% from its current price.

10. Hafnia Ltd. (NYSE:HAFN)

Price as of March 7: $4.43

Analysts upside potential as of March 7: 80.59%

Number of Hedge Fund Holders In Q4 2024: 15

Hafnia Ltd. (NYSE:HAFN) is a Norwegian shipping company that transports oil and other products across the world using tankers. They have a fleet of over 200 vessels, making them one of the largest operators in the industry.

For the fourth quarter of 2024, Hafnia Ltd. (NYSE:HAFN) reported a net profit of $79.6 million, down from $176.4 million in the same period of 2023. Total revenue for the quarter was $233.56 million, slightly below the expected $244.91 million, and the adjusted EBITDA stood at $131.2 million. Similarly, this metric came in lower than in Q4 2023. If you zoom out to the full-year perspective, the story is the same. The company posted $774.0 million in net profit, slightly down from $793.3 million in 2023.

Despite the declines, the company’s board recently approved a dividend of $0.0294 per share for Q4 2024. Additionally, Hafnia Ltd. (NYSE:HAFN) has been actively pursuing share buybacks. In January, the company repurchased approximately 2.8% of its outstanding shares.

On March 5, 2025, BW Group Limited, Hafnia’s largest shareholder, purchased additional shares in the company on the Oslo Børs and the New York Stock Exchange. These efforts have seen the stock reverse its relentless bear posture and start climbing. For that reason, analysts project an 80.59% upside potential, which also explains why this stock is in our list of 12 best NYSE penny stocks to buy.

9. VTEX (NYSE:VTEX)

Price as of March 7: $4.61

Analysts upside potential as of March 7: 88.07%

Number of Hedge Fund Holders In Q4 2024: 15

VTEX (NYSE:VTEX) is a technology company that helps businesses sell their products online. The company provides a platform that allows companies to create and manage their online stores. This platform includes various tools and features to help businesses manage inventory, process payments, handle shipping, and engage with customers.

On February 28, 2025, Manchester City announced a collaboration with VTEX (NYSE:VTEX), which will see the latter become the club’s official digital commerce orchestration partner. The club will use VTEX (NYSE:VTEX) technology to “streamline digital commerce experiences for fans.”

Greg Swimer, City Football Group’s CTO, commented: “We are proud to partner with VTEX as we further strengthen our position through implementing leading technology. We are looking forward to harnessing VTEX’s cutting edge technologies as we further integrate fans’ commerce experiences and bring new possibilities to our global commerce operation.”

This move is critical, as it further strengthens VTEX’s (NYSE:VTEX) financial health. In the most recent quarter, the company reported increased revenue, growing by 12.3% to $61.5 million. Most of the growth came from subscriptions, which accounted for 96.6% of total revenues. Also, the Gross Merchandise Volume (GMV) reached $5.4 billion, a 10.9% increase on an FX-neutral basis. Despite its robust financial health, the company’s stock continues to struggle—it has shaved off 21.90% year-to-date. However, analysts are confident the shares have an upside potential of 88.07%.

8. NGL Energy Partners LP (NYSE:NGL)

Price as of March 7: $4.73

Analysts upside potential as of March 7: 90.27%

Number of Hedge Fund Holders In Q4 2024: 2

NGL Energy Partners LP (NYSE:NGL) transports, stores, blends, and markets crude oil, natural gas liquids, water solutions, and renewable products. The company’s primary units of operation are Water Solutions, Crude Oil Logistics, and Liquids Logistics. It also provides essential services to energy sector producers and end-users.

NGL Energy Partners LP’s (NYSE:NGL) financial performance in the most recent quarter is wanting. Net income decreased from $45.8 million in FQ3 2024 to $14.6 million in FQ3 2025. Adjusted EBITDA, too, dropped to $147.7 million from $151.7 million year-over-year. The Water Solutions segment’s operating income decreased by $8.9 million due to higher losses on asset disposal or impairment. However, this was partially offset by a $3.0 million gain from the write-off of a contingent consideration liability and higher disposal revenues. The Crude Oil Logistics segment also reported lower operating income by $7.0 million due to reduced sales volumes and lower crude oil prices. The same is true for the Liquids Logistics segment, which had a decrease of $10.8 million due to lower propane and refined products margins and increased derivative losses.

Nonetheless, the company’s operations speak a different language. During the quarter, NGL Energy Partners LP (NYSE:NGL) commenced operations for the Lea County Express Pipeline (LEX II). The company also signed a long-term acreage dedication contract with Prairie Operating and a term crude oil purchase and sale agreement with another DJ Basin producer. This robustness emboldens analysts to project an upside potential of 90.68% from the stock’s current price. This is why this company is number 8 on this list.

7. SelectQuote, Inc. (NYSE:SLQT)

Price as of March 7: $3.60

Analysts upside potential as of March 7: 94.44%

Number of Hedge Fund Holders In Q4 2024: 20

SelectQuote, Inc. (NYSE:SLQT) helps people find and buy insurance. The company uses technology to compare different insurance options and find the best deals for their customers. Key products include life insurance, health insurance, auto and home insurance, and SelectRx.

The company recently announced the closing of a $350 million strategic investment from several investment companies, including Bain Capital. A portion of the funds, $260 million, went to paying down an outstanding term loan, and the remainder went to available liquidity. This investment improves SelectQuote, Inc.’s (NYSE:SLQT) capital structure and provides increased operating flexibility.

For fiscal year 2025, the company has provided guidance projecting revenue between $1.5 billion and $1.6 billion. It expects adjusted EBITDA to range between $115 million and $140 million. According to management, the guidance is based on the company’s ability to generate attractive returns.

Despite excellent fundamentals, SelectQuote, Inc. (NYSE:SLQT) stock has experienced many ups and downs since the beginning of the year. Although the stock has lost 14.67% of its value in the past month, it is still in the green (3.23%) on a year-to-date basis. Analysts project an upside potential of 94.44% from the stock’s current price point, which allows the company to secure a spot on this list of NYSE penny stocks to buy.

6. Braskem SA (NYSE:BAK)

Price as of March 7: $3.64

Analysts upside potential as of March 7: 107.42%

Number of Hedge Fund Holders In Q4 2024: 13

Braskem SA (NYSE:BAK) is a Brazilian petrochemical company with operations in the Americas and Europe. Its main products are polyethylene, polypropylene, polyvinyl chloride, olefins and aromatics, and a range of solvents.

In its fourth quarter 2024 production and sales report, Braskem SA’s (NYSE:BAK) operational performance was mixed across regions. In Brazil, the ethylene utilization rate was 70%, with sales volumes of 686 kton for main chemicals and 810 kton for resins. The green ethylene utilization rate was 77%. Resin sales volume in this market decreased by 7% compared to the previous quarter but increased by 3% year-over-year.

Despite the setbacks, the company recently announced plans to expand the capacity of its petrochemical plant in Rio de Janeiro by 220,000 tons of ethylene per year. This project is part of a broader transformation strategy aimed at increasing the use of gas in the feedstock matrix to improve competitiveness. Braskem SA (NYSE:BAK) also entered a 30-year partnership with Aegea Saneamento e Participações S.A. to supply reused water to its industrial unit in Duque de Caxias, Rio de Janeiro. The goal is to enhance water security for the company’s operations in the region.

According to management, the Q4 2024 financial position is a bit disappointing because of issues like the operational instability at the Rio Grande do Sul petrochemical plant. However, this problem has since been resolved, and proper contingencies have been installed. They also admit that lower demand for resins in the Brazilian market, attributed to a slowdown in industrial economic activity and high interest rates, affected performance. But the global resin market is on the mend, which should lift local demand. As such, analysts project a 107.42% upside potential for the stock.

5. Kosmos Energy Ltd. (NYSE:KOS)

Price as of March 7: $2.13

Analysts upside potential as of March 7: 140.38%

Number of Hedge Fund Holders In Q4 2024: 27

Kosmos Energy Ltd. (NYSE:KOS) is a Dallas, Texas-based oil giant that operates deepwater oil and gas rigs in the Americas and Africa. Some of the company’s key projects include the Jubilee oil field and the TEN project in Ghana, the Greater Tortue Ahmeyim (GTA) project that straddles Mauritania and Senegal, and the Ceiba and Okume Complex in Equatorial Guinea.

Kosmos Energy Ltd. (NYSE:KOS) recently released its latest financial results (Q4 and full-year 2024), and the data paints a mixed picture. To start, the company posted $397.66 million in quarterly revenues against the expected $418.53 million. As a result, the reported quarterly EPS of -$0.03 was far lower than the forecasted $0.02. It is no surprise that the stock declined by 5.35% in premarket trading on the news. The stock is now trading at 32.75% lower than at the beginning of the year.

Despite the earnings miss and the subsequent investor flight, Kosmos Energy Ltd. (NYSE:KOS) continues to display financial resilience. For instance, the company raised $900 million in new bonds and refinanced its Reserve-Based Lending facility. The company is also doing well operationally. In February 2025, Kosmos Energy Ltd. (NYSE:KOS) announced that the GTA project in Senegal and Mauritania achieved its first LNG production. The project achieved its first gas production in December 2024 and is now preparing to load its first LNG cargo.

At year-end 2024, the company reported 2P reserves of approximately 530 million barrels of oil equivalent. This represents a reserve replacement ratio of 137% and a 22-year reserves-to-production ratio. This strong reserve position demonstrates the longevity of the company’s portfolio and supports the analyst upside potential of 140.38%.

4. Getty Images Holdings, Inc. (NYSE:GETY)

Price as of March 7: $2.03

Analysts upside potential as of March 7: 140.39%

Number of Hedge Fund Holders In Q4 2024: 8

Getty Images Holdings, Inc. (NYSE:GETY) creates and markets visual content, including stock photography, editorial images, videos, and music. It serves businesses and consumers worldwide.

In January 2025, the company made public a plan to merge with Shutterstock, one of its closest rivals in the market. If complete, the resulting company will have an enterprise value of approximately $3.7 billion. Also, Getty Images Holdings, Inc. (NYSE:GETY) stockholders will own about 54.7% of the combined company, which will continue to trade under the ticker symbol “GETY.”

The company is also working on its balance sheet. Just last month, it completed a comprehensive refinancing of its existing term loans totaling approximately $1.042 billion. As part of this transaction, the company secured a new $580 million 5-year US dollar term facility and a new €440 million 5-year euro term facility.

Most recently, Getty Images Holdings, Inc. (NYSE:GETY) renewed its multi-year partnership with UEFA. That means the company will continue to serve as UEFA’s official appointed photographic agency. This agreement covers all UEFA men’s and women’s club and national team competitions.

The now larger company has had a poor run in the market since the beginning of the year—the stock had lost 6.48% at the time of this writing. However, analysts are convinced that the current price is an undervaluation and they project an upside potential of 140.39%.

3. Cosan SA (NYSE:CSAN)

Price as of March 7: $4.94

Analysts upside potential as of March 7: 146.96%

Number of Hedge Fund Holders In Q4 2024: 14

Cosan SA (NYSE:CSAN) is a Brazilian conglomerate that operates in multiple sectors, including logistics, fuel distribution, natural gas, and lubricants. The company controls logistics firm Rumo, lubricants company Moove, and natural gas firm Compass and shares control of Raizen with Shell.

In January 2025, Cosan SA (NYSE:CSAN) sold approximately 173 million shares of its stake in Vale, cutting the stake by 4.05%. According to reports, the transaction raised around 9 billion reals ($1.5 billion). One of the things the company went to do immediately after the sale was to reduce its debt by 40%. The company stated in a securities filing that the decision was “based solely on the goal of optimizing its capital structure.”

Cosan SA’s (NYSE:CSAN) financial results for Q4 2024 showed mixed performance. The company reported an EBITDA under management of approximately BRL 30 billion ($5.1 billion). However, despite this positive EBITDA, the company recorded a negative earnings result of BRL 900 million ($152.9 million) for 2024. The company cited the depreciation of the home currency (Brazilian Real) and the devaluation of its shares as the primary causes of the poor financial performance. To be sure the company’s financial position isn’t as dire as the Q4 2024 financial results may want to portray, its corporate net debt stood at BRL 23.4 billion ($3.98 billion) by the end of 2024, with a debt service coverage ratio of 1.1.

Another positive is that the company announced a notable increase in dividends and interest on capital received, amounting to BRL 4.3 billion ($731.53 million) in 2024. Additionally, Rumo achieved record levels in transported volumes and tariffs in the fourth quarter. Management has promised to improve Cosan SA’s (NYSE:CSAN) capital structure this year. In addition to the Vale divestment, the company plans to pursue similar transactions throughout the year. Analysts project a 146.96% upside potential from the stock’s current price, which secures the company’s spot on this list of NYSE penny stocks to buy.

2. Grupo Televisa, S.A.B. (NYSE:TV)

Price as of March 7: $2.04

Analysts upside potential as of March 7: 243.14%

Number of Hedge Fund Holders In Q4 2024: 11

Grupo Televisa, S.A.B. (NYSE:TV) is a media giant headquartered in Mexico. It operates television networks, cable systems, and satellite services. The company’s business is structured around two main segments: Cable (including MSO and Enterprise operations) and Sky (direct-to-home satellite television).

Grupo Televisa, S.A.B. (NYSE:TV) had a challenging past year (2024), but the latest financial report indicates that it weathered the storm. In the third quarter, the company reported a 28% year-over-year growth in operating cash flow, reaching MXN 14.3 billion ($721.435 million). The Cable segment was particularly strong operationally—it reached 19.9 million homes after adding 86,000 fiber-to-the-home (FTTH) connections in the quarter alone. Broadband subscribers also increased by 11,300. Nonetheless, the segment’s revenue fell by 3.9% due to a decline in Enterprise Operations revenue. Revenue also declined (by 13.2%) in the Sky segment. Nevertheless, net income for the quarter climbed to MXN 666.5 million ($33.63 million) compared to an MXN 918.5 million ($46.31 million) loss in the same quarter in the previous financial year.

And the company is taking the necessary steps to strengthen its financial position. For instance, it refinanced $2.1 billion of debt maturing in 2026 and reduced the net debt by approximately $400 million through asset sales and improved cash flow. Additionally, Grupo Televisa, S.A.B. (NYSE:TV) optimized capital expenditure, which reduced the 2024 CapEx to $493 million from an initial guidance of $793 million. This happened as the company continued to expand network coverage. Given the fundamentals, analysts believe that the company’s stock should trade at an upside of 243.14%, making it qualify for this list.

1. Nuvation Bio Inc. (NYSE:NUVB)

Price as of March 7: $1.89

Analysts upside potential as of March 7: 455.56%

Number of Hedge Fund Holders In Q4 2024: 34

Nuvation Bio Inc. (NYSE:NUVB) creates therapies and medications to diagnose, treat, and manage cancer. The company’s leading product is taletrectinib, which treats advanced ROS1-positive non-small cell lung cancer (NSCLC). Another product, although it’s yet to reach full development, is NUV-422. This targets high-grade gliomas, including glioblastoma multiforme.

The new year has been active for this company. On March 3, 2025, Nuvation Bio Inc. (NYSE:NUVB) revealed that it had secured a capital injection of $250 million from Sagard Healthcare Partners. This transaction includes $150 million in royalty interest financing, and the rest is a senior term loan. The funds come at the time when the company is working on the commercial launch of taletrectinib in the US, pending FDA approval that may come by mid-2025.

Exactly a month before, the company had initiated an Expanded Access Program (EAP) for taletrectinib in the US. The program allows patients with serious or immediately life-threatening ROS1-positive NSCLC to access the treatment outside of clinical trials. In January 2025, China’s National Medical Products Administration approved taletrectinib for administration to patients inside the Chinese territory. The drug will be marketed as DOVILERON through a partner, Innovent Biologics.

These developments fulfill the promises the management made last year when presenting the Q3 2024 financial results. During that event, the company showed that its financial position was strong (cash, cash equivalents, and marketable securities totaled $549.1 million), and it looks like the fourth quarter will be better. As such, one understands why investors believe that the stock should be trading at 455.56% of the current price, and this is why these shares take the top spot in our list of 12 best NYSE penny stocks to buy, according to analysts.

While we acknowledge the potential of Nuvation Bio Inc. (NYSE:NUVB) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NUVB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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