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

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5. Arq, Inc. (NASDAQ:ARQ)

Number of Hedge Fund Holders: 14

Analyst Upside as of December 9: 119.5%    

Market Capitalization: $221 Million

Arq, Inc. (NASDAQ:ARQ) is one of the best micro-cap stocks to invest in.

In late November, Clear Street lowered the price target on Arq, Inc. (NASDAQ:ARQ) to $8 from $9 and kept a Buy rating on the shares. In an investor note, the analyst noted that Arq now expects its new Granular Activated Carbon production line issues to persist until mid-2026, prompting a slower modeled ramp to 95%+ utilization and a delay in adding a second line, which reduces the 2027 revenue forecasts.

On November 6, the company posted earnings for the third quarter of 2025, reporting losses per share of $0.02, missing estimates by $0.04. The revenue over the period was $35 million, up slightly compared to the revenue over the same period last year but missing expectations by $0.6 million.

Arq, Inc. (NASDAQ:ARQ) is an environmental technology company that engages in the sale of consumable air, water, and soil treatment solutions based on activated carbon in the United States and Canada.

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