3 Promising Penny Stocks With Market Caps Over $100M

In This Article:

The United States market has shown positive momentum, rising 1.6% over the last week and 12% over the past year, with earnings forecasted to grow by 14% annually. While 'penny stocks' might seem like a term from trading days gone by, they continue to represent opportunities in smaller or newer companies that can offer significant potential when backed by solid financials. This article explores three such penny stocks that demonstrate balance sheet strength and potential for growth, providing investors with a chance to uncover hidden value in quality companies.

Top 10 Penny Stocks In The United States

Name

Share Price

Market Cap

Financial Health Rating

Imperial Petroleum (IMPP)

$3.23

$106.34M

★★★★★★

New Horizon Aircraft (HOVR)

$1.37

$42.06M

★★★★★★

Waterdrop (WDH)

$1.38

$509.94M

★★★★★★

Greenland Technologies Holding (GTEC)

$2.09

$37.66M

★★★★★★

WM Technology (MAPS)

$1.06

$176.59M

★★★★★★

Perfect (PERF)

$1.82

$187.4M

★★★★★★

Tuniu (TOUR)

$0.9326

$112.64M

★★★★★★

Flexible Solutions International (FSI)

$4.39

$54.64M

★★★★★★

BAB (BABB)

$0.831825

$5.9M

★★★★★★

Lifetime Brands (LCUT)

$3.95

$89.66M

★★★★★☆

Click here to see the full list of 714 stocks from our US Penny Stocks screener.

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

Performant Healthcare

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

Overview: Performant Healthcare, Inc. offers audit, recovery, and analytics services in the United States and has a market cap of $252.15 million.

Operations: The company's revenue is primarily derived from its Business Services segment, which generated $128.92 million.

Market Cap: $252.15M

Performant Healthcare, Inc., with a market cap of US$252.15 million, has shown revenue growth in its Business Services segment, reporting US$33.27 million for Q1 2025 compared to US$27.33 million the previous year. Despite being unprofitable, the company has reduced losses over five years and maintains a strong cash position exceeding its total debt, offering a runway of over three years if current free cash flow levels persist. Although the management team is relatively new and insider selling has occurred recently, analysts agree on potential stock price appreciation by 113.4%.

PHLT Debt to Equity History and Analysis as at Jun 2025
PHLT Debt to Equity History and Analysis as at Jun 2025

Douglas Elliman

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

Overview: Douglas Elliman Inc. operates in the United States, focusing on real estate services and property technology investments, with a market cap of approximately $235.16 million.