3 Promising Penny Stocks With Market Caps Under $400M

As the U.S. stock market grapples with recent volatility, highlighted by the Nasdaq's worst week since 'Liberation Day,' investors are increasingly seeking opportunities beyond traditional large-cap stocks. Penny stocks, despite their somewhat outdated moniker, still hold relevance as they often represent smaller or newer companies that can offer significant growth potential at lower price points. By focusing on those with strong financials and clear growth prospects, investors may uncover promising opportunities in this often-overlooked segment of the market.

Top 10 Penny Stocks In The United States

Name Share Price Market Cap Financial Health Rating Dingdong (Cayman) (DDL) $1.67 $357.89M ★★★★★★ Waterdrop (WDH) $1.60 $578.66M ★★★★★☆ WM Technology (MAPS) $0.961 $164.35M ★★★★★★ LexinFintech Holdings (LX) $4.28 $720.17M ★★★★★★ Global Self Storage (SELF) $4.98 $56.46M ★★★★★☆ Performance Shipping (PSHG) $2.07 $25.73M ★★★★★★ CI&T (CINT) $4.50 $590.99M ★★★★★☆ Cricut (CRCT) $4.77 $1.01B ★★★★★★ BAB (BABB) $0.89 $6.46M ★★★★★★ Lifetime Brands (LCUT) $3.06 $69.33M ★★★★★☆

Click here to see the full list of 360 stocks from our US Penny Stocks screener.

Here's a peek at a few of the choices from the screener.

GrowGeneration

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

Overview: GrowGeneration Corp. operates retail hydroponic and organic gardening stores in the United States, with a market cap of $105.80 million.

Operations: GrowGeneration Corp. does not report specific revenue segments.

Market Cap: $105.8M

GrowGeneration has shown resilience despite its challenges, reporting a reduction in net loss for Q3 2025 to US$2.44 million from US$11.44 million a year prior, indicating effective cost management and strategic initiatives. The company remains unprofitable but is debt-free and maintains sufficient cash runway for over three years, which provides financial stability. Recent product innovations like the Dialed In™ Tri-Spec Under Canopy Light highlight its focus on proprietary solutions to drive growth and enhance market presence. However, sales have declined compared to previous periods, reflecting broader industry pressures and seasonal factors impacting revenue streams.

Click here to discover the nuances of GrowGeneration with our detailed analytical financial health report. Review our growth performance report to gain insights into GrowGeneration's future.GRWG Debt to Equity History and Analysis as at Nov 2025

Cerus

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

Overview: Cerus Corporation is a biomedical products company with a market cap of $328.47 million.

Operations: The company's revenue segment is Blood Safety, generating $199.19 million.

Story Continues

Market Cap: $328.47M

Cerus Corporation, despite being unprofitable, has reduced its net loss significantly, reporting a Q3 2025 net loss of US$0.019 million compared to US$2.93 million a year ago. The company raised its full-year 2025 revenue guidance to US$202-204 million, reflecting anticipated growth. Cerus's financial stability is supported by sufficient short-term assets covering liabilities and a satisfactory net debt to equity ratio of 10.3%. Additionally, it maintains a cash runway exceeding three years due to positive free cash flow growth at 32% annually, although profitability remains elusive in the near term according to forecasts.

Get an in-depth perspective on Cerus' performance by reading our balance sheet health report here. Explore Cerus' analyst forecasts in our growth report.CERS Financial Position Analysis as at Nov 2025

Eventbrite

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

Overview: Eventbrite, Inc. operates a two-sided marketplace offering self-service ticketing and marketing tools for event creators globally, with a market cap of approximately $256.89 million.

Operations: The company's revenue is primarily derived from its Internet Software & Services segment, which generated $294.80 million.

Market Cap: $256.89M

Eventbrite, Inc. reported a Q3 2025 net income of US$6.37 million, reversing from a loss the previous year, though sales declined to US$71.74 million from US$77.8 million. The company narrowed its full-year revenue guidance to US$290-293 million and anticipates Q4 revenue between US$71.5-74.5 million. Despite being unprofitable overall, Eventbrite's short-term assets cover liabilities with ample cash exceeding debt levels, providing a cash runway over three years supported by positive free cash flow growth of 30.8% annually, although profitability isn't expected within the next three years according to forecasts.

Jump into the full analysis health report here for a deeper understanding of Eventbrite. Gain insights into Eventbrite's future direction by reviewing our growth report.EB Debt to Equity History and Analysis as at Nov 2025

Next Steps

Click here to access our complete index of 360 US Penny Stocks. Searching for a Fresh Perspective? Rare earth metals are the new gold rush. Find out which 35 stocks are leading the charge.

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 GRWGCERS and EB.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

View Comments