11 Best Micro-Cap Stocks to Invest in According to Analysts

8. Jade Biosciences, Inc. (NASDAQ:JBIO)

Number of Hedge Fund Holders: 12

Analyst Upside as of December 9: 63.2%

Market Capitalization: $296 Million

Jade Biosciences, Inc. (NASDAQ:JBIO) is one of the best micro-cap stocks to invest in.

On November 25, Clear Street analyst Kaveri Pohlman initiated coverage of Jade Biosciences, Inc. (NASDAQ:JBIO) stock with a Buy rating and $25 price target. In an investor note, the analyst underlined that there was conviction in JADE101, which was a potential best-in-class anti-APRIL mAb poised to reshape the IgAN therapeutic landscape. The analyst further added that Jade’s entry into the market was impeccably timed.

Latest reports indicate that the firm has entered into a private placement, resulting in gross proceeds of approximately $135 million. The net proceeds will be used for the PIPE financing, together with existing cash, cash equivalents, and marketable securities, to fund research and development, general corporate expenses, and working capital needs. The reports also contend that, based on current estimates, the cash, cash equivalents, and marketable securities will fund company operations into the first half of 2028.

Jade Biosciences, Inc. (NASDAQ:JBIO) operates as a biotechnology company that develops therapies for inflammation and immunology indications in patients living with autoimmune diseases.