Why Rapid Micro Biosystems, Inc. (RPID) Is Soaring This Year So Far

We recently compiled a list of the 10 Micro and Small-Cap Firms Drive Year-to-Date Gains. In this article, we are going to take a look at where Rapid Micro Biosystems, Inc. (NASDAQ:RPID) stands against the other micro and small-cap stocks.

Nine micro-cap companies and one small-cap firm have been the standout performers on the stock market year-to-date, having registered whopping gains between 200 to 1,200 percent since the start of the year.

The list was based on the firms’ share price data from the companies’ closing prices on December 31—the last trading day of 2024—to February 14, 2025.

We classify micro-cap companies as those with a market capitalization below $300 million, and small-cap firms as those with a market capitalization below $1 billion.

A pharmacist holding up a bottle of pharmaceutical grade product for inspection.

Rapid Micro Biosystems, Inc. (NASDAQ:RPID)

Shares of Rapid Micro Biosystems, Inc. (NASDAQ:RPID) rallied by 287 percent year-to-date to end Friday’s trading at $3.48 apiece versus the 90 cents registered on December 31.

The company—with a market capitalization of $149.76 million—booked its highest price of $3.57 on Thursday, marking a 297-percent increase from its price on December 31, after KeyBanc Capital Markets set a whopping price target of $8 and “overweight” rating for the company.

According to KeyBanc, its ratings were based on Rapid Micro Biosystems, Inc. (NASDAQ:RPID)’s Microbial Growth Direct System as a significant advancement in biological manufacturing quality control.

Compared with traditional methods, GDS technology offers a more accurate and efficient alternative method for detecting bacterial contamination. It is capable of delivering results within three to five days compared with the five to 14 days from a manual Petri dish and microscope analysis.

Overall RPID ranks 4th on our list of the top micro and small-cap firms this year so far. While we acknowledge the potential of RPID 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 timeframe. If you are looking for an AI stock that is more promising than RPID 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 Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. This article is originally published at Insider Monkey.