UWM Holdings Corporation (NYSE:UWMC) is one of the cheap penny stocks to invest in. On December 17, UWM Holdings Corporation announced a definitive merger agreement to acquire Two Harbors Investment Corp. (NYSE:TWO). This all-stock transaction is valued at ~$1.3 billion in equity, based on a fixed exchange ratio of 2.3328x. The acquisition incorporates Two Harbors, which is a prominent mortgage servicing rights/MSR-focused real Estate Investment Trust and owner of RoundPoint Mortgage Servicing LLC, into UW ...

Bumble Inc. (NASDAQ:BMBL) is one of the cheap penny stocks to invest in. On December 11, Jefferies lowered the firm’s price target on Bumble to $4 from $5 while keeping a Hold rating on the shares. The firm recommended a cautious stock-picking approach for the Internet sector in 2026. Key risks include limited margin growth due to rising investment costs and the possibility that AI agents could bypass traditional platforms, capping the potential for higher stock multiples. In its Q3 2025 earnings report, ...

Newell Brands Inc. (NASDAQ:NWL) is one of the cheap penny stocks to invest in. On December 17, Citi raised the firm’s price target on Newell Brands to $3.75 from $3.50 while keeping a Neutral rating on the shares. Citi is recalibrating its focus for 2026, moving away from the bullish stance it held on non-alcoholic beverages in 2025. The firm now favors household and personal care stocks, citing a stronger fundamental outlook. This optimism is driven by the end of inventory destocking cycles and more favor ...

Coty Inc. (NYSE:COTY) is one of the cheap penny stocks to invest in. On December 19, Bank of America lowered the firm’s price target on Coty to $3 from $3.50 and maintained an Underperform rating on the shares. Heading into 2026, the primary uncertainty for consumer staples is the trajectory of consumption growth. While valuations vary widely across the sector, the firm suggests that there is currently no compelling reason for investors to end their neutrality. On December 12, TD Cowen also lowered the f ...

Group 1 - Gogo Inc. has been downgraded to Market Perform by William Blair due to increasing competition from Starlink and concerns over high net debt [1][3] - The company is currently experiencing a transition period as it migrates users from its Classic system to the newer AVANCE platform, which is expected to hinder growth [1][3] - Gogo reported record-breaking demand for its hardware in Q3 2025, delivering 437 ATG units, indicating strong future installation activity [2] Group 2 - Gogo is gaining traction in the Military and Government sectors, highlighted by a global contract with VistaJet for HDX and FDX connectivity across its fleet [3] - The new 5G service tier is projected to generate twice the Average Revenue Per User compared to classic customers, enabling data-heavy applications like video conferencing and streaming [3]

Petco Health & Wellness Company Inc. (NASDAQ:WOOF) is one of the cheap penny stocks to invest in. On December 2, Goldman Sachs lowered the firm’s price target on Petco to $4.53 from $5.14 with a Buy rating on the shares. The firm noted that Petco exceeded Q3 2025 expectations and is positioned to grow its top line in 2026. Goldman Sachs’ strategy centers on its services business, which acts as a unique differentiator. Earlier on November 26, Morgan Stanley lowered the firm’s price target on Petco to $3.7 ...

Clarivate (NYSE:CLVT) is one of the cheap penny stocks to invest in. On December 4, Clarivate announced the official launch of its Cortellis Regulatory Intelligence AI Assistant, which is a tool powered by agentic AI to help life sciences professionals navigate the complexities of safety and compliance. This release follows a successful beta phase conducted earlier in the year and is now available to all Cortellis Regulatory Intelligence customers. The assistant is built on Clarivate’s established AI pla ...

Unisys Corporation (NYSE:UIS) is one of the cheap penny stocks to invest in. On December 10, William Blair analyst Maggie Nolan initiated coverage of Unisys with an Outperform rating. The firm views the global IT services provider as an attractive risk-reward opportunity. Nolan provided an optimistic financial forecast, estimating that Unisys will generate $253 million in EBITDA for 2025 and grow to $271 million in 2026. The initiation report highlights a strategic pivot as Unisys reinvents itself as a n ...

GoodRx Holdings Inc. (NASDAQ:GDRX) is one of the cheap penny stocks to invest in. On December 18, Morgan Stanley lowered the firm’s price target on GoodRx to $4 from $5 and kept an Equal Weight rating on the shares. In a 2026 outlook for the Healthcare Services sector, the firm highlighted a strong environment for market-beating returns within healthcare tech and provider stocks. In contrast, Morgan Stanley remains cautious on managed care and noted that after a weak 2025, the subsector continues to face a ...

Akebia Therapeutics Inc. (NASDAQ:AKBA) is one of the cheap penny stocks to invest in. On December 1, Akebia Therapeutics announced the official establishment of its rare kidney disease pipeline. This expansion is centered on two primary product candidates: AKB-097, a next-generation complement inhibitor, and praliciguat, a soluble guanylate cyclase/sGC stimulator. The development aligns with Akebia’s two-pronged corporate strategy: establishing Vafseo (vadadustat) as the standard of care for anemia in dial ...