12 Ridiculously Cheap Stocks to Buy According to Analysts

6. Energy Transfer LP (NYSE:ET)

Forward P/E Ratio: 12.52

Number of Hedge Fund Holders: 36

Analyst Upside Potential: 34.27%

Energy Transfer LP (NYSE:ET) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. Wall Street is bullish on Energy Transfer LP (NYSE:ET) despite it missing Q2 2025 revenue and EPS estimates.

The company delivered $19.24 billion in revenue, down 7.17% year-over-year and below expectations by $3.29 billion. The EPS of $0.32 also fell slightly short of the expectations by $0.01. Regardless of the company missing estimates, several analysts have expressed their bullish sentiment lately.

On September 2, Brandon Bingham from Scotiabank initiated Energy Transfer LP (NYSE:ET) with a Buy rating and $23 price target. Later, on September 5, Theresa Chen from Barclays also reiterated a Buy rating on the stock with a price target of $25. Most recently, on September 11, Shneur Gershuni from UBS reiterated a Buy rating on the stock, reducing the price target from $24 to $18.45.

Energy Transfer LP (NYSE:ET) is a leading energy infrastructure company in the US. The company owns and operates an extensive network of pipelines, spanning over 130,000 miles, for transporting natural gas, crude oil, natural gas liquids, and refined products.