In this article, we will look at the 10 Most Volatile Penny Stocks to Buy Now.
Volatile penny stocks are getting more attention as traders look for smaller names that can move quickly on company updates, earnings surprises, sector news, or shifts in risk appetite. These stocks can swing hard because they often have less liquidity, lighter analyst coverage, and smaller investor bases than more established companies.
Saxo says penny stocks are “characterized by their low liquidity and higher volatility,” making them “both an opportunity for significant gains and a potential source of steep losses.” It also notes that active traders may try to profit from “frequent price swings,” but that finding real opportunities “requires thorough research.” Royce Investment Partners makes the small-cap volatility point more carefully, saying it seeks to use “periods of volatility opportunistically” to build positions in “high-quality small-cap businesses.” Fidelity adds that the small-cap backdrop has improved because of expectations for better earnings, while relative valuations are in their “cheapest quintile since 1990.” In summary, volatility alone is not the thesis. The better setup is when sharp price movement is paired with improving fundamentals or a clear catalyst.
The more interesting names are those where volatility is backed by liquidity, news flow, analyst support, or improving business trends. With that in mind, let’s take a look at the 10 Most Volatile Penny Stocks to Buy Now.
Our Methodology
We used the Finviz screener to identify stocks that are trading below $5 per share and have a share price volatility of over 10% in a month. We then 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. All the data mentioned is from May 28.
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. Plug Power Inc. (NASDAQ:PLUG)
On May 20, 2026, Plug Power Inc. (NASDAQ:PLUG) announced that the 30-megawatt Barrow Green Hydrogen project in Barrow-in-Furness, Cumbria, where Plug is supplying electrolyzers, reached final investment decision. The project is being delivered by Green Hydrogen Energy Company, a joint venture established in 2023 by Schroders Greencoat and Carlton Power. The Barrow project will supply 100 GWh of green hydrogen per year to Kimberly-Clark’s manufacturing plant in the town, where the company makes consumer products including Andrex and Kleenex. Plug said the Kimberly-Clark Barrow site will reduce natural gas consumption by up to 50%, with a reduction of 18,300 tons of CO2 emissions. Under the finalized agreement, Plug will supply 30 MW of its GenEco Proton Exchange Membrane electrolyzers.
On May 12, 2026, B. Riley raised the firm’s price target on Plug Power Inc. (NASDAQ:PLUG) to $5 from $3 and maintained a Buy rating on the shares. B. Riley said Plug reported Q1 revenue well above expectations and improving gross margins, supported by cost actions from its “Project Quantum Leap” initiative. The firm also cited management’s guidance for 13%-15% full-year revenue growth, sequential margin improvement through 2026, and a path toward positive EBITDAS in Q4.
On May 11, 2026, Plug Power Inc. (NASDAQ:PLUG) reported Q1 adjusted EPS of (8c), compared to the consensus estimate of (9c). Revenue totaled $163.51M, above the consensus estimate of $141.17M. CEO Jose Luis Crespo said the quarter reflected “strong commercial execution” and progress in improving the underlying economics of the business, while positioning Plug to reach its EBITDAS positive target in Q4 2026.
Plug Power Inc. (NASDAQ:PLUG) designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally.
9. Getty Images Holdings, Inc. (NYSE:GETY)
On May 15, 2026, the United Kingdom CMA’s independent inquiry group concluded that the proposed merger between Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock “would lead to competition concerns” for editorial content supplied to UK media outlets, but not for stock content supplied globally. The CMA said the sale of Shutterstock’s global editorial business, which operates under the Shutterstock Editorial, Backgrid, and Splash brands, could resolve the identified concerns. The CMA added that once the sale is completed to an approved purchaser, the Getty and Shutterstock merger can proceed.
On May 11, 2026, Getty Images Holdings, Inc. (NYSE:GETY) reported Q1 adjusted EPS of (2c), compared to the consensus estimate of 0c. Revenue totaled $226.57M, below the consensus estimate of $238.81M. CEO Craig Peters said the quarter reflected a “dynamic market environment,” with pressure in Agency and microstock, while most of the business continued to see growth and opportunity supported by customer renewals, content, coverage, and brand strength.
Getty Images Holdings, Inc. (NYSE:GETY) expects FY26 revenue of $948M-$988M, compared to the consensus estimate of $965.54M, and adjusted EBITDA of $279M-$295M. The company said the guidance remains unchanged from earlier in the year and includes a normalized revenue outlook excluding the $40 million of accelerated revenue recognized in Q4 2025 from two multi-year licensing agreements.
Getty Images Holdings, Inc. (NYSE:GETY) provides creative and editorial visual content solutions across the Americas, Europe, the Middle East, Africa, and Asia-Pacific.
