5 Little-Known Penny Stocks With Massive Upside Potential

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1. Acacia Research Corp (NASDAQ:ACTG)

Average Analyst Price Estimate: $34.1

Upside Potential: 777%

Intellectual property and patent technology company Acacia Research Corp (NASDAQ:ACTG) is one of the little-known penny stocks that have a strong upside potential according to Wall Street analysts. The stock’s average price estimate set by analysts is $34.1 while its stock price as of $3.81.

Activist fund Starboard Value recently upped its stake in Acacia Research Corp (NASDAQ:ACTG) by 200%, ending the fourth quarter of 2023 with over 61 million stake in Acacia Research Corp (NASDAQ:ACTG).

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