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

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2. Humacyte, Inc. (NASDAQ:HUMA)

Number of Hedge Fund Holders: 10

Analyst Upside as of December 9: 378.05%

Market Capitalization: $247 Million

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

In mid-November, Benchmark analyst Bruce Jackson maintained a Buy rating on Humacyte, Inc. (NASDAQ:HUMA) stock and set a price target of $11. Humacyte, Inc. (NASDAQ:HUMA) engages in the development and manufacture of off-the-shelf, implantable, and bioengineered human tissues for the treatment of diseases and conditions across a range of anatomic locations in multiple therapeutic areas.

Humacyte, Inc. (NASDAQ:HUMA) recently announced that it had entered into a securities purchase agreement with certain fundamental institutional investors to purchase approximately $60 million worth of its common stock and warrants in an oversubscribed registered direct offering. The warrants will become exercisable 180 days following the date of issuance and have an exercise price of $2.11 per share.

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