3 Penny Stocks With Market Caps Over $80M To Watch

Simply Wall St

Over the last 7 days, the market has risen 1.9%, and over the past 12 months, it is up 12%, with earnings forecast to grow by 14% annually. For investors willing to explore beyond well-known companies, penny stocks—often smaller or newer enterprises—can present intriguing opportunities. Although the term "penny stock" may seem outdated, these investments remain relevant by offering potential growth when supported by strong financial health.

Top 10 Penny Stocks In The United States

NameShare PriceMarket CapRewards & Risks
Waterdrop (WDH)$1.39$502.71M✅ 4 ⚠️ 0 View Analysis >
WM Technology (MAPS)$0.929$164.51M✅ 4 ⚠️ 1 View Analysis >
Perfect (PERF)$2.16$219.99M✅ 3 ⚠️ 0 View Analysis >
Tuniu (TOUR)$0.9326$94.77M✅ 3 ⚠️ 2 View Analysis >
Safe Bulkers (SB)$3.72$380.59M✅ 3 ⚠️ 3 View Analysis >
Golden Growers Cooperative (GGRO.U)$5.00$77.45M✅ 2 ⚠️ 5 View Analysis >
Flexible Solutions International (FSI)$4.37$55.27M✅ 1 ⚠️ 2 View Analysis >
BAB (BABB)$0.8348$6.06M✅ 2 ⚠️ 3 View Analysis >
Lifetime Brands (LCUT)$3.97$88.98M✅ 3 ⚠️ 2 View Analysis >
TETRA Technologies (TTI)$3.45$459.1M✅ 4 ⚠️ 3 View Analysis >

Click here to see the full list of 446 stocks from our US Penny Stocks screener.

Let's review some notable picks from our screened stocks.

Allied Gaming & Entertainment (AGAE)

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Allied Gaming & Entertainment Inc. is a public esports and entertainment company operating globally through its subsidiaries, with a market cap of $122.04 million.

Operations: The company's revenue is derived from two primary segments: e-Sports, generating $4.67 million, and Casual Mobile Gaming, contributing $4.41 million.

Market Cap: $122.04M

Allied Gaming & Entertainment Inc. has faced significant challenges, including a Nasdaq compliance issue due to delayed SEC filings, which could impact its listing status if unresolved. The company reported US$9.08 million in revenue for 2024 but remains unprofitable with a net loss of US$16.76 million. Despite having more cash than debt and sufficient cash runway for over three years, the company's share price is highly volatile and subject to investor activism, as evidenced by recent proxy battles involving Knighted Pastures LLC. These factors contribute to the stock's risk profile within the penny stock category.

AGAE Revenue & Expenses Breakdown as at Jun 2025

Apyx Medical (APYX)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Apyx Medical Corporation is an energy technology company that designs, develops, manufactures, and sells electrosurgical equipment and medical devices both in the United States and internationally, with a market cap of $85.79 million.

Operations: The company's revenue is primarily generated from its Advanced Energy segment, which accounts for $39.04 million, and its Original Equipment Manufacturing (OEM) segment, contributing $8.25 million.

Market Cap: $85.79M

Apyx Medical Corporation, with a market cap of US$85.79 million, recently received FDA clearance for its AYON Body Contouring System™, positioning it for a commercial launch in late 2025. Despite unprofitability and increasing losses over the past five years at an annual rate of 11.5%, the company forecasts revenue growth to US$47.6-49 million in 2025, driven by its Advanced Energy segment. While trading below estimated fair value and maintaining satisfactory debt levels, Apyx faces challenges with high share price volatility and a relatively new management team averaging 1.5 years in tenure, impacting investor confidence within the penny stock space.

APYX Revenue & Expenses Breakdown as at Jun 2025

Ceragon Networks (CRNT)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Ceragon Networks Ltd. offers wireless transport solutions for cellular operators and other wireless service providers across various global regions, with a market cap of $218.77 million.

Operations: The company's revenue segment, as a global innovator and leading solutions provider of wireless transport, generated $394.34 million.

Market Cap: $218.77M

Ceragon Networks, with a market cap of US$218.77 million, recently launched its IP-50 EXP, enhancing its 5G solutions portfolio. Despite reporting a net loss of US$0.98 million for Q1 2025, the company maintains strong financial health with short-term assets exceeding liabilities and more cash than total debt. Ceragon's earnings are forecasted to grow by 21.05% annually, supported by strategic agreements like the recent US$4.1 million deal in North America. The company's past year earnings growth significantly outpaced industry averages, although impacted by a large one-off loss of US$8.3 million in recent results.

CRNT Revenue & Expenses Breakdown as at Jun 2025

Seize The Opportunity

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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