5 Most Promising Penny Stocks According to Analysts

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1. Checkpoint Therapeutics, Inc. (NASDAQ:CKPT)

Average Analyst Price Estimate: $29.80

Upside Potential: 1236.32%

Checkpoint Therapeutics, Inc. (NASDAQ:CKPT) is one of the most promising penny stocks to buy according to analysts. Checkpoint Therapeutics, Inc. (NASDAQ:CKPT)’s average price target is about $29, which translated into an upside potential of over 1200% percent based on the stock’s price as of August 8.

However, Checkpoint Therapeutics, Inc. (NASDAQ:CKPT)’s hedge fund sentiment is not impressive to say the least, with just one hedge fund in Insider Monkey’s database of 943 funds having stakes in the company as of the end of the first quarter of 2023.

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