12 Ridiculously Cheap Stocks to Buy According to Analysts

4. Expand Energy Corporation (NASDAQ:EXE)

Forward P/E Ratio: 14.82

Number of Hedge Fund Holders: 93

Analyst Upside Potential: 37.39%

Expand Energy Corporation (NASDAQ:EXE) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. Wall Street has a mixed opinion on Expand Energy Corporation (NASDAQ:EXE) since the company released its fiscal second-quarter results for 2025.

The company delivered $2.02 billion in revenue, up 434.66% year-over-year and below expectations by $45.98 million. The EPS of $1.10 also fell short of the expectations by $0.05. On the positive side, Expand Energy Corporation (NASDAQ:EXE) lowered its full-year drilling and completion capital spending by around $100 million to about $2.9 billion. In addition, the management also increased the expected annual synergy savings to $600 million by the end of 2026.

Analysts have had a mixed opinion on the stock since the announcement. On September 11, John Freeman from Raymond James reiterated a Buy rating on the stock, while raising the price target from $146 to $150. Later on September 15, Nitin Kumar CFA from Mizuho Securities reiterated a Hold rating on Expand Energy Corporation (NASDAQ:EXE) and reduced the price target from $154 to $136. More recently, on September 19, Paul Diamond CFA from Citi also reduced the price target on the stock from $140 to $118, while reiterating a Buy rating.

Expand Energy Corporation (NASDAQ:EXE) is an independent natural gas producer in the US. The company develops natural gas, oil, and natural gas liquids through drilling and production in key shale regions like Haynesville, Marcellus, and Utica.