As European markets experience a mixed sentiment due to cooling enthusiasm around artificial intelligence, the pan-European STOXX Europe 600 Index still managed to rise by 1.77% following relief from the reopening of the U.S. federal government. For investors interested in smaller or newer companies, penny stocks remain an intriguing area despite their somewhat outdated moniker. These stocks can offer hidden value and growth potential when underpinned by strong financials, making them worthy of consideration for those seeking opportunities beyond traditional large-cap investments.
Top 10 Penny Stocks In Europe
| Name | Share Price | Market Cap | Rewards & Risks |
| Ariston Holding (BIT:ARIS) | €3.766 | €1.3B | ✅ 5 ⚠️ 2 View Analysis > |
| Orthex Oyj (HLSE:ORTHEX) | €4.69 | €83.29M | ✅ 4 ⚠️ 1 View Analysis > |
| Angler Gaming (NGM:ANGL) | SEK3.60 | SEK269.95M | ✅ 4 ⚠️ 2 View Analysis > |
| Angler Gaming (DB:0QM) | €0.37 | €232.45M | ✅ 3 ⚠️ 3 View Analysis > |
| Altri SGPS (ENXTLS:ALTR) | €4.495 | €922.07M | ✅ 3 ⚠️ 2 View Analysis > |
| Libertas 7 (BME:LIB) | €3.22 | €68.3M | ✅ 3 ⚠️ 3 View Analysis > |
| Hultstrom Group (OM:HULT B) | SEK3.40 | SEK206.85M | ✅ 2 ⚠️ 2 View Analysis > |
| ForFarmers (ENXTAM:FFARM) | €4.295 | €379.61M | ✅ 4 ⚠️ 1 View Analysis > |
| High (ENXTPA:HCO) | €3.96 | €77.46M | ✅ 1 ⚠️ 5 View Analysis > |
| Deceuninck (ENXTBR:DECB) | €2.085 | €288.19M | ✅ 4 ⚠️ 1 View Analysis > |
Click here to see the full list of 276 stocks from our European Penny Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Nordic LEVEL Group AB (publ.) (OM:LEVEL)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Nordic LEVEL Group AB (publ.) offers safety and security solutions mainly in Sweden, with a market cap of SEK123.17 million.
Operations: The company generates revenue through its segments of Advisory (SEK19.63 million), Group-wide (SEK11.54 million), and Technology (SEK361.71 million).
Market Cap: SEK123.17M
Nordic LEVEL Group AB (publ.), with a market cap of SEK123.17 million, is navigating the challenges typical of penny stocks. Despite being unprofitable, the company has shown financial resilience by reducing its debt to equity ratio significantly over five years and maintaining a satisfactory net debt to equity ratio of 26.2%. Recent earnings reports indicate a reduction in losses compared to previous periods, although revenue has declined year-over-year. The company benefits from a stable cash runway exceeding three years due to positive free cash flow, but short-term liabilities surpass current assets, posing potential liquidity concerns.
- Navigate through the intricacies of Nordic LEVEL Group AB (publ.) with our comprehensive balance sheet health report here.
- Learn about Nordic LEVEL Group AB (publ.)'s future growth trajectory here.
Kudelski (SWX:KUD)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Kudelski SA, with a market cap of CHF74.95 million, offers digital access and security solutions for digital television and interactive applications across Switzerland, the United States, France, Germany, Austria, and other international markets.
Operations: The company's revenue is primarily derived from its Cybersecurity segment, which generated $106.04 million, and its Internet of Things segment, which contributed $45.13 million.
Market Cap: CHF74.95M
Kudelski SA, with a market cap of CHF74.95 million, offers digital security solutions and faces typical challenges of penny stocks. Despite being unprofitable and reporting increased losses over the past five years, Kudelski maintains financial stability with more cash than debt and short-term assets surpassing liabilities. The company's management team and board are highly experienced, potentially offering strategic advantages. Recent earnings guidance suggests potential revenue growth in the second half of 2025 through its cybersecurity and IoT segments, although recent results showed a decline in sales compared to the previous year alongside an increased net loss.
- Click to explore a detailed breakdown of our findings in Kudelski's financial health report.
- Gain insights into Kudelski's outlook and expected performance with our report on the company's earnings estimates.
Softing (XTRA:SYT)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Softing AG develops and markets software, hardware, and system solutions worldwide, with a market cap of €30.77 million.
Operations: Softing AG does not report specific revenue segments.
Market Cap: €30.77M
Softing AG, with a market cap of €30.77 million, is navigating the challenges typical of penny stocks. The company reported a net loss for the third quarter and nine months ended September 2025, alongside declining revenues compared to the previous year. Despite this, Softing's short-term assets significantly exceed its liabilities, indicating solid liquidity management. The firm has experienced board members and maintains a satisfactory net debt to equity ratio at 14%. However, it remains unprofitable with negative return on equity and increased losses over five years. Its share price has been highly volatile recently but hasn't faced significant shareholder dilution.
- Unlock comprehensive insights into our analysis of Softing stock in this financial health report.
- Assess Softing's future earnings estimates with our detailed growth reports.
Taking Advantage
- Click here to access our complete index of 276 European Penny Stocks.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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