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Best Stocks Under $2 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. This page lists cheap stocks that have a share price of $2.00 (2 dollars) or less and consisently-receive "buy" and "strong buy" ratings from Wall Street's top-rated research analysts.

Ur Energy stock logo

1. Ur Energy NYSEAMERICAN:URG

$1.08 -0.03 (-2.70%)
Closing price 04:10 PM Eastern
Extended Trading
$1.10 +0.01 (+1.39%)
As of 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 Massive. Learn more.

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. More about Ur Energy

Market Capitalization
$441.10 million
Consensus Rating
Buy
Consensus Price Target
$2.28 (+111.1% Upside)
Volume
11.68 million shares
Average Volume
6.17 million shares
Today's Range
$1.08
▼
$1.14
Nouveau Monde Graphite stock logo

2. Nouveau Monde Graphite NYSE:NMG

$1.20 +0.03 (+2.14%)
Closing price 03:59 PM Eastern
Extended Trading
$1.23 +0.03 (+2.76%)
As of 07:56 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 Massive. Learn more.

Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. More about Nouveau Monde Graphite

Market Capitalization
$385.11 million
Consensus Rating
Buy
Consensus Price Target
$4.67 (+290.5% Upside)
Volume
583,989 shares
Average Volume
366,323 shares
Today's Range
$1.18
▼
$1.22
iBio stock logo

3. iBio NASDAQ:IBIO

$1.18 +0.01 (+0.85%)
Closing price 04:00 PM Eastern
Extended Trading
$1.21 +0.03 (+2.46%)
As of 07:57 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 Massive. Learn more.

iBio, Inc, a biotechnology company, provides contract development and manufacturing services to collaborators and third-party customers in the United States. More about iBio

Market Capitalization
$75.24 million
Consensus Rating
Buy
Consensus Price Target
$5.29 (+347.9% Upside)
Volume
227,917 shares
Average Volume
502,541 shares
Today's Range
$1.17
▼
$1.22
Galiano Gold stock logo

4. Galiano Gold NYSEAMERICAN:GAU

$1.94 -0.04 (-2.02%)
Closing price 04:10 PM Eastern
Extended Trading
$1.94 0.00 (-0.26%)
As of 07:30 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 Massive. Learn more.

Galiano Gold Inc engages in the exploration and evaluation of gold properties in Canada. Its flagship asset is the Asanko Gold Mine that covers an area of approximately 21,000 hectares located in Ghana, West Africa. More about Galiano Gold

Market Capitalization
$517.83 million
P/E Ratio
7.46
Consensus Rating
Buy
Consensus Price Target
$4.25 (+119.1% Upside)
Volume
1.65 million shares
Average Volume
2.34 million shares
Stereotaxis stock logo

5. Stereotaxis NYSEAMERICAN:STXS

$1.23 -0.02 (-1.60%)
Closing price 04:10 PM Eastern
Extended Trading
$1.27 +0.04 (+3.25%)
As of 07:30 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 Massive. Learn more.

Stereotaxis, Inc designs, manufactures, and markets robotic systems, instruments, and information systems for the interventional laboratory in the United States and internationally. More about Stereotaxis

Market Capitalization
$125.25 million
Consensus Rating
Buy
Consensus Price Target
$3.50 (+184.6% Upside)
Volume
335,829 shares
Average Volume
499,430 shares
Today's Range
$1.23
▼
$1.27
Palisade Bio stock logo

6. Palisade Bio NASDAQ:PALI

$1.35 -0.10 (-6.90%)
Closing price 04:00 PM Eastern
Extended Trading
$1.36 +0.01 (+0.67%)
As of 07:56 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 Massive. Learn more.

Palisade Bio, Inc, a clinical-stage biopharmaceutical company, focuses on focuses on developing therapeutics that protect the integrity of the intestinal barrier in the United States. More about Palisade Bio

Market Capitalization
$252.69 million
Consensus Rating
Buy
Consensus Price Target
$9.83 (+628.4% Upside)
Volume
4.77 million shares
Average Volume
3.66 million shares
Today's Range
$1.32
▼
$1.46
Equillium stock logo

7. Equillium NASDAQ:EQ

$1.62 +0.01 (+0.31%)
Closing price 04:00 PM Eastern
Extended Trading
$1.59 -0.03 (-2.03%)
As of 07:56 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 Massive. Learn more.

Equillium, Inc, a clinical-stage biotechnology company, develops and sells products to treat severe autoimmune and inflammatory, or immuno-inflammatory disorders with unmet medical need. More about Equillium

Market Capitalization
$102.72 million
Consensus Rating
Moderate Buy
Consensus Price Target
$7.57 (+365.9% Upside)
Volume
3.10 million shares
Average Volume
538,107 shares
Today's Range
$1.58
▼
$1.66
Cabaletta Bio stock logo

8. Cabaletta Bio NASDAQ:CABA

$1.92 -0.06 (-2.93%)
Closing price 03:59 PM Eastern
Extended Trading
$1.95 +0.03 (+1.46%)
As of 07:58 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 Massive. Learn more.

Cabaletta Bio, Inc, a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. More about Cabaletta Bio

Market Capitalization
$335.70 million
Consensus Rating
Moderate Buy
Consensus Price Target
$15.33 (+697.8% Upside)
Volume
8.05 million shares
Average Volume
5.90 million shares
Today's Range
$1.90
▼
$2.01
Autolus Therapeutics stock logo

9. Autolus Therapeutics NASDAQ:AUTL

$1.94 +0.08 (+4.30%)
Closing price 04:00 PM Eastern
Extended Trading
$1.95 +0.01 (+0.41%)
As of 07:55 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 Massive. Learn more.

Autolus Therapeutics plc, a clinical-stage biopharmaceutical company, develops T cell therapies for the treatment of cancer and autoimmune diseases. More about Autolus Therapeutics

Market Capitalization
$495.06 million
Consensus Rating
Moderate Buy
Consensus Price Target
$10.00 (+415.5% Upside)
Volume
1.16 million shares
Average Volume
1.56 million shares
Today's Range
$1.87
▼
$1.99
Canaan stock logo

10. Canaan NASDAQ:CAN

$0.34 -0.03 (-7.38%)
Closing price 04:00 PM Eastern
Extended Trading
$0.35 +0.00 (+0.58%)
As of 07:44 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 Massive. Learn more.

Canaan Inc engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. More about Canaan

Market Capitalization
$266.79 million
Consensus Rating
Moderate Buy
Consensus Price Target
$1.92 (+455.6% Upside)
Volume
12.64 million shares
Average Volume
14.55 million shares
Today's Range
$0.34
▼
$0.40
Tenaya Therapeutics stock logo

11. Tenaya Therapeutics NASDAQ:TNYA

$0.60 +0.01 (+1.77%)
Closing price 04:00 PM Eastern
Extended Trading
$0.61 +0.00 (+0.56%)
As of 07:53 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 Massive. Learn more.

Tenaya Therapeutics, Inc, a biotechnology company, discovers, develops, and delivers therapies for heart disease in the United States. More about Tenaya Therapeutics

Market Capitalization
$132.99 million
Consensus Rating
Moderate Buy
Consensus Price Target
$4.00 (+562.7% Upside)
Volume
1.81 million shares
Average Volume
2.40 million shares
Today's Range
$0.60
▼
$0.62

12. NervGen Pharma NASDAQ:NGEN

$1.91 -0.01 (-0.52%)
Closing price 04:00 PM Eastern
Extended Trading
$1.90 0.00 (-0.26%)
As of 07:30 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 Massive. Learn more.

NervGen Pharma Corp., a biotechnology company, engages in the discovery, development, and commercialization of pharmaceutical treatments to promote nervous system repair in settings of neurotrauma and neurologic disease. More about NervGen Pharma

Market Capitalization
$154.81 million
Consensus Rating
Moderate Buy
Consensus Price Target
$14.00 (+633.0% Upside)
Volume
548,444 shares
Average Volume
472,670 shares
Today's Range
$1.90
▼
$1.98
Rani Therapeutics stock logo

13. Rani Therapeutics NASDAQ:RANI

$0.79 -0.01 (-1.16%)
Closing price 04:00 PM Eastern
Extended Trading
$0.82 +0.02 (+3.16%)
As of 07:30 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 Massive. Learn more.

Rani Therapeutics Holdings, Inc operates as a clinical stage biotherapeutics company that develops orally administered biologics for patients, physicians, and healthcare systems in the United States. More about Rani Therapeutics

Market Capitalization
$111.56 million
Consensus Rating
Moderate Buy
Consensus Price Target
$8.75 (+1,006.2% Upside)
Volume
468,153 shares
Average Volume
507,704 shares
Today's Range
$0.78
▼
$0.82
AEON Biopharma stock logo

14. AEON Biopharma NASDAQ:AEON

$0.30 +0.04 (+15.83%)
Closing price 04:00 PM Eastern
Extended Trading
$0.29 -0.01 (-2.67%)
As of 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 Massive. Learn more.

AEON Biopharma, Inc, a clinical stage biopharmaceutical company, focuses on developing botulinum toxins. It develops ABP-450 (prabotulinumtoxinA) injection for debilitating medical conditions, which completed Phase 2 study for the treatment of cervical dystonia and has an ongoing Phase 2 study for the treatment of both chronic and episodic migraine, as well as develops ABP-450 for the treatment of gastroparesis and posttraumatic stress disorder. More about AEON Biopharma

Market Capitalization
$14.97 million
P/E Ratio
1.67
Consensus Rating
Moderate Buy
Consensus Price Target
$1.33 (+344.4% Upside)
Volume
115.85 million shares
Average Volume
2.92 million shares
SKYX Platforms stock logo

15. SKYX Platforms NASDAQ:SKYX

$1.15 +0.02 (+1.77%)
Closing price 04:00 PM Eastern
Extended Trading
$1.18 +0.03 (+2.17%)
As of 07:51 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 Massive. Learn more.

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. More about SKYX Platforms

Market Capitalization
$153.04 million
Consensus Rating
Moderate Buy
Consensus Price Target
$4.67 (+305.8% Upside)
Volume
568,668 shares
Average Volume
816,708 shares
Today's Range
$1.15
▼
$1.20
Standard Lithium stock logo

16. Standard Lithium NYSEAMERICAN:SLI

$1.83 +0.03 (+1.67%)
As of 04:10 PM Eastern

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. More about Standard Lithium

Market Capitalization
$444.21 million
Consensus Rating
Moderate Buy
Consensus Price Target
$5.16 (+182.1% Upside)
Volume
2.37 million shares
Average Volume
1.77 million shares
Today's Range
$1.81
▼
$1.92
PMV Pharmaceuticals stock logo

17. PMV Pharmaceuticals NASDAQ:PMVP

$1.67 +0.24 (+16.78%)
Closing price 04:00 PM Eastern
Extended Trading
$1.66 -0.01 (-0.54%)
As of 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 Massive. Learn more.

PMV Pharmaceuticals, Inc, a precision oncology company, engages in the discovery and development of small molecule and tumor-agnostic therapies for p53 mutations in cancer. More about PMV Pharmaceuticals

Market Capitalization
$76.44 million
Consensus Rating
Moderate Buy
Consensus Price Target
$4.33 (+159.5% Upside)
Volume
3.12 million shares
Average Volume
596,578 shares
Today's Range
$1.44
▼
$1.73
Cellectar Biosciences stock logo

18. Cellectar Biosciences NASDAQ:CLRB

$1.84 +0.02 (+1.10%)
Closing price 04:00 PM Eastern
Extended Trading
$1.84 -0.01 (-0.27%)
As of 07:30 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 Massive. Learn more.

Cellectar Biosciences, Inc, a clinical biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs for the treatment of cancer. More about Cellectar Biosciences

Market Capitalization
$17.20 million
Consensus Rating
Moderate Buy
Consensus Price Target
$11.00 (+497.8% Upside)
Volume
74,863 shares
Average Volume
60,363 shares
Today's Range
$1.82
▼
$1.92
Caribou Biosciences stock logo

19. Caribou Biosciences NASDAQ:CRBU

$1.26 +0.03 (+2.02%)
Closing price 03:59 PM Eastern
Extended Trading
$1.26 0.00 (0.00%)
As of 07:49 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 Massive. Learn more.

Caribou Biosciences, Inc, a clinical-stage biopharmaceutical company, engages in the development of genome-edited allogeneic cell therapies for the treatment of hematologic malignancies in the United States and internationally. More about Caribou Biosciences

Market Capitalization
$132.94 million
Consensus Rating
Moderate Buy
Consensus Price Target
$7.75 (+512.6% Upside)
Volume
844,800 shares
Average Volume
1.15 million shares
Today's Range
$1.25
▼
$1.29
Allogene Therapeutics stock logo

20. Allogene Therapeutics NASDAQ:ALLO

$1.60 -0.02 (-1.23%)
Closing price 04:00 PM Eastern
Extended Trading
$1.60 +0.00 (+0.31%)
As of 07:53 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 Massive. Learn more.

Allogene Therapeutics, Inc, a clinical stage immuno-oncology company, develops and commercializes genetically engineered allogeneic T cell therapies for the treatment of cancer. More about Allogene Therapeutics

Market Capitalization
$559.70 million
Consensus Rating
Moderate Buy
Consensus Price Target
$8.30 (+418.8% Upside)
Volume
8.13 million shares
Average Volume
5.47 million shares
Today's Range
$1.58
▼
$1.66
Neumora Therapeutics stock logo

21. Neumora Therapeutics NASDAQ:NMRA

$0.60 -0.08 (-12.01%)
Closing price 04:00 PM Eastern
Extended Trading
$0.60 +0.00 (+0.47%)
As of 07:17 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 Massive. Learn more.

Neumora Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in developing therapeutic treatments for brain diseases, neuropsychiatric disorders, and neurodegenerative diseases. More about Neumora Therapeutics

Market Capitalization
$127.32 million
Consensus Rating
Moderate Buy
Consensus Price Target
$6.57 (+1,002.2% Upside)
Volume
2.28 million shares
Average Volume
1.64 million shares
Today's Range
$0.59
▼
$0.69
Tvardi Therapeutics stock logo

22. Tvardi Therapeutics NASDAQ:TVRD

$1.25 -0.03 (-2.34%)
Closing price 04:00 PM Eastern
Extended Trading
$1.28 +0.03 (+2.40%)
As of 07:26 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 Massive. Learn more.

Cara Therapeutics, Inc, an early commercial-stage biopharmaceutical company, focuses on developing and commercializing chemical entities with a primary focus on pruritus and pain by selectively targeting kappa opioid receptors in the United States. More about Tvardi Therapeutics

Market Capitalization
$17.07 million
Consensus Rating
Moderate Buy
Consensus Price Target
$18.00 (+1,340.0% Upside)
Volume
232,643 shares
Average Volume
203,374 shares
Today's Range
$1.20
▼
$1.32
Compass Therapeutics stock logo

23. Compass Therapeutics NASDAQ:CMPX

$1.04 -0.06 (-5.45%)
Closing price 04:00 PM Eastern
Extended Trading
$1.04 +0.00 (+0.38%)
As of 07:55 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 Massive. Learn more.

Compass Therapeutics, Inc, a clinical-stage oncology-focused biopharmaceutical company, engages in developing antibody-based therapeutics to treat various human diseases in the United States. More about Compass Therapeutics

Market Capitalization
$198.10 million
Consensus Rating
Moderate Buy
Consensus Price Target
$10.21 (+882.1% Upside)
Volume
5.65 million shares
Average Volume
4.55 million shares
Today's Range
$1.02
▼
$1.10
Connect Biopharma stock logo

24. Connect Biopharma NASDAQ:CNTB

$1.10 +0.11 (+10.89%)
Closing price 04:00 PM Eastern
Extended Trading
$1.10 0.00 (-0.36%)
As of 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 Massive. Learn more.

Connect Biopharma Holdings Limited, a clinical-stage biopharmaceutical company, engages in the development of therapies for the treatment of T cell-driven inflammatory diseases. More about Connect Biopharma

Market Capitalization
$62.47 million
Consensus Rating
Moderate Buy
Consensus Price Target
$6.14 (+458.4% Upside)
Volume
164.84 million shares
Average Volume
2.16 million shares
Today's Range
$1.07
▼
$1.89
Inovio Pharmaceuticals stock logo

25. Inovio Pharmaceuticals NASDAQ:INO

$1.22 +0.11 (+9.91%)
Closing price 04:00 PM Eastern
Extended Trading
$1.23 +0.01 (+0.82%)
As of 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 Massive. Learn more.

Inovio Pharmaceuticals, Inc, a biotechnology company, focuses on the discovery, development, and commercialization of DNA medicines to treat and protect people from diseases associated with human papillomavirus (HPV), cancer, and infectious diseases. More about Inovio Pharmaceuticals

Market Capitalization
$114.77 million
Consensus Rating
Moderate Buy
Consensus Price Target
$3.17 (+159.6% Upside)
Volume
2.66 million shares
Average Volume
2.79 million shares
Today's Range
$1.13
▼
$1.24