March 2025's Top Penny Stocks To Watch

Simply Wall St.
19 Mar

The U.S. equities market has hit a pause on its recent recovery, with major indices like the Dow Jones and S&P 500 experiencing declines amid ongoing economic uncertainties and geopolitical tensions. Despite these broader market challenges, investors continue to seek opportunities in various sectors, including the often-overlooked realm of penny stocks. Though considered a relic by some, penny stocks remain relevant for their potential to offer significant returns when backed by strong financial fundamentals.

Top 10 Penny Stocks In The United States

Name Share Price Market Cap Financial Health Rating
Sensus Healthcare (NasdaqCM:SRTS) $4.86 $76.7M ★★★★★★
BAB (OTCPK:BABB) $0.8268 $6.1M ★★★★★★
QuantaSing Group (NasdaqGM:QSG) $3.08 $141.07M ★★★★★★
Safe Bulkers (NYSE:SB) $3.77 $398.41M ★★★★☆☆
Golden Growers Cooperative (OTCPK:GGRO.U) $4.50 $67.38M ★★★★★★
Imperial Petroleum (NasdaqCM:IMPP) $2.50 $74.62M ★★★★★★
Permianville Royalty Trust $(PVL)$ $1.55 $49.83M ★★★★★★
Tuya $(TUYA)$ $3.95 $2.26B ★★★★★★
CBAK Energy Technology (NasdaqCM:CBAT) $0.8501 $76.45M ★★★★★☆
TETRA Technologies $(TTI)$ $3.40 $443.52M ★★★★☆☆

Click here to see the full list of 762 stocks from our US Penny Stocks screener.

We'll examine a selection from our screener results.

Gevo

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

Overview: Gevo, Inc. is a carbon abatement company with a market capitalization of approximately $286.67 million.

Operations: The company generates revenue from its Gevo segment, which accounts for $0.96 million, and from Renewable Natural Gas, contributing $14.63 million.

Market Cap: $286.67M

Gevo, Inc. is a pre-revenue company with a market capitalization of approximately US$286.67 million, generating minimal revenue from its Gevo segment and Renewable Natural Gas. Despite being unprofitable with negative return on equity and rising losses over the past five years, Gevo's short-term assets significantly exceed both its long-term liabilities and total debt, indicating financial stability in the short term. The company recently formed a strategic alliance with Axens to accelerate sustainable aviation fuel development using ethanol-to-jet technology, aiming to leverage de-risked technologies for commercialization. However, high share price volatility remains a concern for investors.

  • Navigate through the intricacies of Gevo with our comprehensive balance sheet health report here.
  • Explore Gevo's analyst forecasts in our growth report.
NasdaqCM:GEVO Debt to Equity History and Analysis as at Mar 2025

HF Foods Group

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

Overview: HF Foods Group Inc. is a marketer and distributor of fresh produce, frozen and dry food, and non-food products to primarily independently operated Asian restaurants and other foodservice customers in the United States, with a market cap of approximately $116.02 million.

Operations: The company generates its revenue primarily from the wholesale distribution of groceries, totaling $1.20 billion.

Market Cap: $116.02M

HF Foods Group, with a market cap of US$116.02 million, reported full-year sales of US$1.20 billion but faced a net loss of US$48.51 million in 2024 due to significant goodwill impairment charges. Despite being unprofitable and having high debt levels, the company maintains sufficient cash runway for over three years if current positive free cash flow persists. Short-term assets exceed both short and long-term liabilities, providing some financial stability. Recent management changes and increased credit facilities may support strategic growth initiatives despite ongoing share price volatility and negative return on equity challenges.

  • Click here to discover the nuances of HF Foods Group with our detailed analytical financial health report.
  • Gain insights into HF Foods Group's future direction by reviewing our growth report.
NasdaqCM:HFFG Revenue & Expenses Breakdown as at Mar 2025

Hyperfine

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

Overview: Hyperfine, Inc. is a medical device company that offers magnetic resonance imaging $(MRI.AU)$ products across the United States, Europe, and Middle Eastern markets with a market cap of $67.04 million.

Operations: The company generates its revenue from medical imaging systems, amounting to $13.26 million.

Market Cap: $67.04M

Hyperfine, Inc., with a market cap of US$67.04 million, is navigating the penny stock landscape with its innovative AI-powered portable MRI technology. Despite being unprofitable and experiencing increased volatility, Hyperfine's strategic collaboration with NVIDIA aims to enhance its imaging systems' capabilities and affordability. The company's recent earnings report showed a slight revenue increase to US$12.89 million for 2024, though it remains loss-making with a net loss of US$40.72 million. Hyperfine's debt-free status and sufficient cash runway provide some financial stability as it seeks to capitalize on advancements in medical imaging technology through ongoing research collaborations and product innovations like the Swoop® system.

  • Take a closer look at Hyperfine's potential here in our financial health report.
  • Gain insights into Hyperfine's outlook and expected performance with our report on the company's earnings estimates.
NasdaqGM:HYPR Revenue & Expenses Breakdown as at Mar 2025

Seize The Opportunity

  • Embark on your investment journey to our 762 US Penny Stocks selection here.
  • Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
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Curious About Other Options?

  • Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
  • Jump on the AI train with fast growing tech companies forging a new era of innovation.
  • Find companies with promising cash flow potential yet trading below their fair value.

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.

Companies discussed in this article include NasdaqCM:GEVO NasdaqCM:HFFG and NasdaqGM:HYPR.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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