In this article, we will look at the 10 Best Long-Term Penny Stocks to Buy According to Wall Street Analysts.
On March 10, Co-CIO of Royce Investment, Francis Gannon, released a research note discussing how the small-caps maintain leadership amid increasing volatility. The US market is facing a series of challenges, including a growth shock, rising unemployment and inflation, increased energy prices due to conflicts with Iran, and an AI-driven sell-off.
Despite these challenges, small-caps have continued to perform well in 2026. Gannon noted that he has been surprised by the resilience of the small and micro caps as the sector has not only held its market share but is gaining a strong footing. From April 8, 2025, to March 3, 2026, the Russell Microcap index has returned 68.7% compared to the 45.1% return of the Russell 2000 and 36.8% returns of the Russell 1000.
Gannon highlighted that past performances are no guarantee of future results. Therefore, he suggests investors remain focused on high-quality small-cap stocks and use this period of volatility to build a portfolio in the sector with companies that have a long runway for growth.
With that, let’s take a look at the 10 Best Long-Term Penny Stocks to Buy According to Wall Street Analysts.
Our Methodology
We sifted through reputable financial media and stock screeners to identify stocks that are trading below $5 per share with analysts expecting more than 30% upside, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 Best Long-Term Penny Stocks to Buy According to Wall Street Analysts
10. Denison Mines Corp. (NYSEAMERICAN:DNN)
Number of Hedge Fund Holders: 39
Analyst Upside Potential: 31.33%
Denison Mines Corp. (NYSEAMERICAN:DNN) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 10, the company released its fiscal Q4 2025 earnings, topping revenue estimates. During the quarter, the company grew its revenue by 10.43% year-over-year to $899,530 and topped the consensus by $96,510. The EPS of negative $0.02 fell short of the consensus by $0.01.
David Cates, President and CEO of Denison, highlighted several operational highlights for the year. He noted that the flagship Phoenix ISR Uranium Mine has received all regulatory approvals, and site preparation and construction are expected to start later in March. Moreover, the company has also raised $345 million through convertible notes. Cates highlighted that the mine targets production by mid 2028 and expects the site to become one of the few new large-scale uranium sources pre-2030.
Moreover, the CEO also highlighted McClean North Deposit, which generated approximately 650,000 lbs. U₃O₈ using patented SABRE mining. The site is among North America’s top-producing uranium mines post-startup, and the company holds 22.5% interest in McClean Lake as a Joint Venture.
Denison Mines Corp. is a uranium mining, development, and exploration company with interests focused mainly in Canada’s Athabasca Basin, including the Wheeler River project.
9. Cosan S.A. (NYSE:CSAN)
Number of Hedge Fund Holders: 9
Analyst Upside Potential: 33.28%
Cosan S.A. (NYSE:CSAN) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 12, Goldman Sachs analyst Bruno Amorim maintained a Hold rating on the stock with a price target of BRL6.00.
The rating comes after Cosan S.A. reported fiscal Q4 and full-year 2025 results on March 9. The company reported a net loss of R$5.8 billion for fiscal Q4 2025, reflecting 38% year-over-year improvement from R$9.3 billion net loss a year ago. For the full-year the net loss increased from R$9.4 billion in 2024 to a loss of R$9.7 billion in 2025.
Management noted that the quarterly performance was impacted by non-recurring and non-cash impairment charges related to certain assets at Raízen, a Joint Venture that has been facing challenges due to increased debt of 55.3 billion reais by the end of December 2025. You can read about the challenges faced by Raízen here. Excluding the effects of Raízen, the company’s net loss for the quarter was R$713 million and R$4.0 billion for the year.
Notably, the company’s net debt reduced 58% year-over-year to R$9.8 billion, mainly driven by capital injections from public offerings, the sale of Rumo shares, and favorable foreign exchange.
Cosan S.A. is engaged in the fuel distribution business and in the production of bioethanol, sugar, and energy. The company operates through five segments: Raízen, Compass, Moove, Rumo, and Radar.
8. Wipro Limited (NYSE:WIT)
Number of Hedge Fund Holders: 17
Analyst Upside Potential: 33.58%
Wipro Limited (NYSE:WIT) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 17, Wipro Limited (NYSE:WIT) announced its partnership with Harness to blend the company’s WEGA agent-native platform with Harness’s AI Software Delivery Platform.
Management highlighted that companies adopting AI face major challenges due to disconnected tools and manual processes. The partnership aims to modernize development by automating releases, cutting deployment risks, and boosting innovation speed.
The company noted that its WEGA platform enables faster value realization, smarter systems, and confident AI scaling. On the other hand, Harness’s AI Software Delivery Platform handles post-code tasks, including building, testing, deploying, feature management, and cloud cost optimization. Once integrated, the platform will unify management, reduce manual work, and enhance speed and cost efficiency.
Srini Pallia, Wipro CEO, noted, “Together with Harness, we are establishing a proven blueprint for AI-native software delivery – enabling enterprises to innovate at speed.” The partnership is expected to position both companies to help firms scale AI software confidently amid rising complexity.
Wipro Limited is a leading global information technology (IT), consulting, and business process services (BPS) company. It provides services such as cloud computing, artificial intelligence (AI), cybersecurity, data analytics, and digital transformation to clients across 65 countries.
7. Newell Brands Inc. (NASDAQ:NWL)
Number of Hedge Fund Holders: 40
Analyst Upside Potential: 40.85%
Newell Brands Inc. (NASDAQ:NWL) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 18, Newell Brands Inc. (NASDAQ:NWL) was reiterated with a Buy rating and a $8 price target by Brian McNamara from Canaccord Genuity.
The analyst said in a research note that the company’s Snap ‘N Go collapsible hard cooler is a meaningful innovation that sets the company apart by integrating the insulation and durability of a traditional rigid cooler with fold‑down form factor capability. The fold‑down form factor allows it to collapse to around one‑third its size. The analyst also highlighted that the cooler has up to 64 hours of cold retention and dual carry options. He added that this aligns with the way consumers use coolers in real-world settings.
McNamara added that the product also addresses the shift in outdoor behavior as many customers are moving from long‑haul camping trips to shorter trips. The collapse design also suits customers with smaller cars with tighter storage capacity. The analyst believes that such innovations are rejuvenating Coleman’s brand relevance and broadening its customer base.
Newell Brands Inc. is a global consumer goods company that designs, manufactures, sources, and distributes a wide range of products worldwide.
6. Payoneer Global Inc. (NASDAQ:PAYO)
Number of Hedge Fund Holders: 37
Analyst Upside Potential: 47.99%
Payoneer Global Inc. (NASDAQ:PAYO) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 11, Payoneer Global Inc. (NASDAQ:PAYO) presented at the Wolfe FinTech Forum. The company highlighted key financial highlights from 2025, including reaching $1 billion in total revenue driven by a 14% increase in core revenue. The Adjusted EBITDA margins came in at 26% with core EBITDA at $40 million.
Operationally, the company is focusing on high-value, multi-entry SMBs and SMEs. As a result of this focus, customers with more than $600,000 annual activity now contribute over 40% of the total revenue. Moreover, management has also introduced packages for larger customers and is enhancing its partnership with Stripe and Mastercard to reduce costs and improve efficiencies.
Management also highlighted its fiscal 2026 outlook during the conference. Payoneer projects core EBITDA exceeding $90 million, which is more than double the 2025 levels. Moreover, revenue growth is expected to grow by around 12% at the midpoint.
Payoneer Global Inc. provides financial technology solutions for cross-border payments, offering multi-currency accounts and payment infrastructure for global businesses.
5. BlackBerry Limited (NYSE:BB)
Number of Hedge Fund Holders: 24
Analyst Upside Potential: 50.93%
BlackBerry Limited (NYSE:BB) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 11, QNX, which is a division of BlackBerry Limited (NYSE:BB), reported a major upgrade to its free Online Learning platform.
The platform now offers 14 self-paced modules, up from only 3 at the start of 2025. The expansion helps developers, students, and commercial users by eliminating major barriers to building skills for embedded systems. The report highlighted that the courses provide hands-on paths from QNX OS basics to advanced topics, boosting confidence for real-world applications.
The release noted that the platform has a strong adoption rate with more than 12,000 active learners worldwide. Moreover, the platform has also signed major partnerships with institutions such as Pi Square Technologies and other faculty programs to create a global talent pipeline. The platform is also expected to get content upgradation, including new modules on Advanced Functional Safety and System Profiling/Analysis for the QNX Toolkit in Visual Studio Code.
BlackBerry Limited is a Canadian provider of intelligent security software and services to both enterprises and government organizations. Incorporated in 1984, the company operates through three segments: Secure Communications, QNX, and Licensing.
4. Peloton Interactive, Inc. (NASDAQ:PTON)
Number of Hedge Fund Holders: 52
Analyst Upside Potential: 58.15%
Peloton Interactive, Inc. (NASDAQ:PTON) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 17, Peloton Interactive, Inc. (NASDAQ:PTON) announced the appointment of Sarah Robb O’Hagan as the Chief Content and Member Development Officer.
Sarah will report directly to the CEO and president of the company, Peter Stern, and will focus on the company’s content ecosystem to boost global member engagement, outcomes, and loyalty. The company highlighted that this appointment aligns with the aim to shift focus from connected fitness to a broader connected wellness model, targeting sustainable, profitable growth in the $7 trillion global wellness market.
The release highlighted that Sarah brings more than 30 years of experience in technology, content, and community building at major brands, including Nike, Gatorade, Equinox, Flywheel Sports, and Strava. Notably, she recently led EXOS as CEO and was previously the president at Gatorade. Moreover, she also turned around the $5 billion business through athlete-focused innovation at Equinox. Sarah succeeds Jen Cotter, who built the company’s content engine over seven years and will advise through mid-August 2026. Her appointment takes effect on April 1.
Peloton Interactive, Inc. offers streaming instructor-led exercise classes and connected fitness equipment through product sales and subscriptions. The company was established in 2012 and is headquartered in New York City.
3. B2Gold Corp. (NYSEAMERICAN:BTG)
Number of Hedge Fund Holders: 37
Analyst Upside Potential: 69.90%
B2Gold Corp. (NYSEAMERICAN:BTG) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 13, Brian Quast from BMO Capital reiterated a Buy rating on the stock with a price target of C$9.5.
The analyst noted that the firm updated the valuation model for B2Gold Corp. to reflect slightly negative revisions to reserves, resources, and operating‑cost estimates. The firm also incorporated modestly weaker metrics, including lower reserve and M&I inventories and some mines with higher projected cash costs and AISC. BMO Capital noted that despite the negative factors, the overall impact on net asset value remains limited, and the price target still implies meaningful upside versus the current share price.
On the bright side, the analyst highlighted multiple catalysts, such as the ongoing ramp-up of the Goose project. He noted that the project is expected to deliver a production‑weighted second half of 2026 and materially improve free cash flow once pre‑pay deliveries are completed. The analyst also points to potential optimizations at Goose, including a possible throughput increase, which could lift average annual gold output, lower life‑of‑mine AISC, and enhance project NPV.
B2Gold Corp. operates as a gold producer company in Canada. The company operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, the Otjikoto Mine in Namibia, and the Goose Mine in Canada. It also owns 100% interest in the Gramalote gold project in Colombia.
2. VinFast Auto Ltd. (NASDAQ:VFS)
Number of Hedge Fund Holders: 5
Analyst Upside Potential: 101.34%
VinFast Auto Ltd. (NASDAQ:VFS) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 18, BTIG reiterated a Neutral stock rating on VinFast Auto Ltd. (NASDAQ:VFS), without disclosing any price targets. The rating follows the company’s fiscal Q4 2025 earnings, released on March 16.
During the quarter, the company grew its revenue by 131.52% year-over-year to $1.57 billion and topped estimates by $438.88 million. However, the EPS of negative $0.60 fell short of the consensus by $0.24. The revenue growth was driven by a 172% quarter-over-quarter increase in EV deliveries, which reached 86,557.
However, these vehicles were sold at a negative gross margin of 39.9%, better than the negative 79.1% margin a year ago. Management maintained its 2026 guidance of 300,000 electric vehicle deliveries, along with a 2.5 times increase in e-scooter deliveries from 406,000 in 2025 expected in 2025. BTIG forecasts that the expected 406,000 units in 2025 could hit 1 million.
Moreover, the firm also noted that an EEA 2.0 cost-savings initiative, which is expected in H2 2026, offers greater production scaling, and a product mix shift toward larger models could lift average selling prices in 2026.
VinFast Auto Ltd. produces vehicles, offers leasing services, trades smartphones, and engages in other related enterprises. The company is engaged in developing and manufacturing high-quality EVs, e-scooters, and e-buses.
1. Aurora Innovation, Inc. (NASDAQ:AUR)
Number of Hedge Fund Holders: 40
Analyst Upside Potential: 184.36%
Aurora Innovation, Inc. (NASDAQ:AUR) is one of the Best Long-Term Penny Stocks to Buy According to Wall Street Analysts. On March 12, Aurora Innovation, Inc. (NASDAQ:AUR) presented at the 2nd Annual CG Virtual Sustainability Summit, where the company highlighted its focus on autonomous trucking.
Management emphasized that they are prioritizing the autonomous trucking industry over ride-hailing due to the $1 trillion market opportunity it presents. For context, the ride-hailing industry sits at $60 to $70 billion. Management noted that the company’s trucks are achieving 15% fuel efficiency gain, and drivers earn roughly three times more than gig workers, underscoring the cost-saving potential of replacing human labor.
To shift its focus, Aurora Innovation, Inc. has partnered with PACCAR and Volvo, which together control around 50% of the market. Management noted that this positions Aurora to capture a significant share in a sector ripe for disruption through automation.
In terms of operations, the company has begun lineside installation of its Driver kit on Volvo’s pre-production line and is building a second fleet using International stock trucks, with partner Roush producing 20 units weekly. Management highlighted that they target a 50 billion vehicle miles traveled serviceable addressable market (SAM) by early 2028.
Aurora Innovation is a self-driving technology company. It develops and operates Aurora Driver, which is an integrated self-driving platform for freight trucks and commercial vehicles. This platform combines several self-driving hardware, software, and data solutions to operate different types of vehicles.
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