In this article, we will look at the 12 Ridiculously Cheap Stocks to Buy According to Analysts.
On September 25, Katie Stockton, founder and managing partner of Fairlead Strategies, joined CNBC for an interview to discuss the latest market signals to watch. She noted that some investors are considering shorting the stocks, as the market is at an all-time high. She cautioned against shorting markets, noting that the positive momentum and the lack of resistance could make shorting very difficult.
Moreover, the VIX index has been stabilizing and recently moved above its 50-day moving average, inching closer to the 200-day moving average. Stockton highlighted that if it surpasses this level, it could serve as a risk indicator for the S&P 500. She also highlighted that overall mega-cap stocks remain balanced, with Nvidia and Microsoft showing some divergence, while Tesla and Alphabet have made gains.
She emphasized that all-time highs do not necessarily mean a pull-back is imminent. Rather, Stockton sees overbought conditions, especially in AI-related stocks, as a reflection of momentum rather than an immediate downturn signal. She noted that a pull-back in October usually happens and is a good reset for the markets. Stockton remains bullish on the market and advises watching technical signals closely.
With that, let’s take a look at the 12 ridiculously cheap stocks to buy according to analysts.
Our Methodology
To curate the list of 12 ridiculously cheap stocks to buy according to analysts, we used the Finviz Stock Screener, Seeking Alpha, and CNN as our sources. Using the screener, we aggregated a list of cheap stocks (trading under the FWD P/E of 15) for which analysts expect more than 25% upside. Next, we cross-checked the FWD P/E from Seeking Alpha and the analyst upside from CNN. Lastly, we ranked the stocks in ascending order of the analyst upside potential. We have also added the number of hedge fund holders sourced from Insider Monkey’s Q2 2025 database.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
12 Ridiculously Cheap Stocks to Buy According to Analysts
12. Diamondback Energy, Inc. (NASDAQ:FANG)
Forward P/E Ratio: 10.84
Number of Hedge Fund Holders: 46
Analyst Upside Potential: 29.65%
Diamondback Energy, Inc. (NASDAQ:FANG) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 2, Diamondback Energy, Inc. (NASDAQ:FANG) announced selling its 27.5% stake in EPIC Crude Holdings to Plains All American Pipeline for about $500 million upfront in cash.
Management noted that in addition to $500 million, there is also up to $96 million in additional contingent payments if EPIC Crude approves a capacity expansion by the end of 2027. The deal values EPIC Crude at $2.85 billion upfront, with a total potential value, including the contingency, of about $3.2 billion. The transaction is expected to close by early 2026 after regulatory review.
Wall Street has been bullish on Diamondback Energy, Inc. (NASDAQ:FANG) since the announcement. On September 4, Arun Jayaram from J.P. Morgan reiterated a Buy rating on the stock while raising the price target from $164 to $167. More recently, on September 12, Gabriele Sorbara from Siebert Williams Securities also reiterated a Buy rating on the stock with a price target of $180.
Diamondback Energy, Inc. (NASDAQ:FANG) is an independent oil and natural gas company that focuses on exploring, acquiring, and developing onshore unconventional reserves in the Permian Basin, West Texas.
11. Schlumberger Limited (NYSE:SLB)
Forward P/E Ratio: 11.71
Number of Hedge Fund Holders: 63
Analyst Upside Potential: 29.72%
Schlumberger Limited (NYSE:SLB) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 23, Schlumberger Limited (NYSE:SLB) announced its agreement to acquire RESMAN Energy Technology, which is a leader in wireless reservoir surveillance solutions.
The company’s advanced chemical tracers track water, gas, oil, and CO2 in reservoirs with extreme precision and detect fluids at parts-per-trillion levels. This helps operators monitor reservoir flow and well performance without disrupting production.
Management noted that RESMAN’s tracers can be integrated with completion equipment to identify zones producing unwanted fluids. This will enable more targeted well interventions, extend well life, and improve production efficiency. Moreover, operators will still have the freedom to choose their preferred vendor for completion hardware.
Management also highlighted that combining RESMAN’s cutting-edge tracer tech with Schlumberger Limited (NYSE:SLB)’s sampling, analysis, and digital workflows will give customers faster and more accurate insights. Thereby, supporting smarter, data-driven decisions to optimize production and recovery in both traditional oil and gas and emerging energy transition areas.
The acquisition is expected to close in early 2026 and is pending closing conditions.
Schlumberger Limited (NYSE:SLB) is a global technology company serving the oil and gas industry. The company operates in four main segments, including Digital & Integration, Reservoir Performance, Well Construction, and Production Systems.
10. ONEOK, Inc. (NYSE:OKE)
Forward P/E Ratio: 13.25
Number of Hedge Fund Holders: 44
Analyst Upside Potential: 29.85%
ONEOK, Inc. (NYSE:OKE) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 3, ONEOK, Inc. (NYSE:OKE) presented at Barclays’ 39th Annual Energy-Power Conference, where it outlined its strategic plans.
Management noted that the focus is on integrating assets and realizing synergies to drive growth. The company aims to achieve $250 million in synergy savings by 2025, with Magellan synergies surpassing expectations. Moreover, the company also highlighted its plans to drive organic growth and reduce its leverage ratio to 3.6x by 2026.
Projects in Denver and Elk Creek are key parts of this plan. Management noted that Denver’s expansion will start mid-2026 with an initial capacity of 30,000 barrels per day, scalable to 250,000 barrels, thereby helping achieve the growth plans.
In terms of operations, ONEOK, Inc. (NYSE:OKE) noted that the Magellan acquisition is delivering strong synergies along with EnLink, which is advancing with new processing plants. Looking ahead, the company aims to optimize NGL pipeline and fractionation economics, with expectations of tightening rates as volumes increase. It is also targeting industrial growth in Louisiana and exploring data center projects near existing systems.
ONEOK, Inc. (NYSE:OKE) is a midstream company that provides gathering, processing, transportation, storage, and export services for natural gas and natural gas liquids.
9. Sanofi (NASDAQ:SNY)
Forward P/E Ratio: 10.17
Number of Hedge Fund Holders: 24
Analyst Upside Potential: 31.07%
Sanofi (NASDAQ:SNY) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 22, Bank of America Securities analyst Sachin Jain maintained a Buy rating on Sanofi (NASDAQ:SNY) with a price target of €115.
Jain highlighted the company’s pipeline as one of the key reasons behind the positive rating. He noted that Sanofi (NASDAQ:SNY)’s Brivisimab trial data looks strong, especially in the high efficacy segment. In addition, trials in Crohn’s disease and ulcerative colitis show the drug’s broad potential.
Similarly, Amlitelimab has received positive feedback from key opinion leaders, and the data came in better than expected. Jain believes that the convenience it provides, along with its long-lasting effects, could lead to commercial success. Lastly, Tolebrutinib is also seen as promising in the secondary progressive multiple sclerosis market, as the market is large and analysts expect strong sales.
Sanofi (NASDAQ:SNY) is a France-based healthcare company that develops, manufactures, and markets therapeutic solutions.
8. Constellation Brands, Inc. (NYSE:STZ)
Forward P/E Ratio: 11.65
Number of Hedge Fund Holders: 42
Analyst Upside Potential: 32.98%
Constellation Brands, Inc. (NYSE:STZ) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 24, Filippo Falorni from Citi lowered the firm’s PT on Constellation Brands, Inc. (NYSE:STZ) from $155 to $145, while keeping a Neutral rating on the stock.
The reduced price target comes ahead of the company’s fiscal second-quarter results for 2026, which are expected on October 6. The analyst downgrade is due to observed weakness in scanner data, which indicates softer demand trends. The firm also flagged potential margin risks ahead.
On September 2, Constellation Brands, Inc. (NYSE:STZ) also reduced its fiscal 2026 guidance. It now expects reported diluted net income per share between $10.77 and $11.07, down from the previous outlook of $12.07 and $12.37. Moreover, the Enterprise Organic net sales are also anticipated to decline by around 4 to 6% down from the previous expectation of a 1% growth to a 2% decline. However, despite this downgrade overall analyst target price indicates more than 32% upside from the current levels.
Constellation Brands, Inc. (NYSE:STZ) is a leading international producer and marketer of beer, wine, and spirits.
7. Fidelity National Information Services, Inc. (NYSE:FIS)
Forward P/E Ratio: 11.24
Number of Hedge Fund Holders: 49
Analyst Upside Potential: 33.80%
Fidelity National Information Services, Inc. (NYSE:FIS) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 23, Fidelity National Information Services, Inc. (NYSE:FIS) announced upgrading its Private Capital Suite to a cloud-native software-as-a-service platform.
Management noted that this new version integrates the company’s recently launched Investor Services Suite, thereby creating a full front-to-back solution for private equity firms. Moreover, the new solution automates fund processing, enhances anti-money laundering, and supports investors onboarding with real-time secure insights.
In addition, the solution’s cloud-native design makes it flexible and scalable, improving efficiency, compliance, and transparency for private equity managers handling complex funds. Management highlighted that less than half of private equity firms feel confident in their fintech strategies. The new suite allows firms to meet rising investor expectations for transparency and digital access.
Fidelity National Information Services, Inc. (NYSE:FIS) is a global financial technology company that provides software and services to banks, financial institutions, and businesses to help process transactions and manage financial operations.
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.
5. Diageo plc (NYSE:DEO)
Forward P/E Ratio: 14.18
Number of Hedge Fund Holders: 35
Analyst Upside Potential: 36.11%
Diageo plc (NYSE:DEO) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 18, Javier Gonzalez Lastra from Berenberg Bank reiterated a Buy rating on Diageo plc (NYSE:DEO) with a price target of £23.72.
The rating comes after the company, on September 8, announced the sale of its coffee-cream liqueur brand Sheridan’s to Portuguese company Casa Redondo. Sheridan’s is a unique, two-part liqueur known for its distinctive bottle design. It is sold in over 50 countries, with strong distribution in Europe. Management noted that this sale, along with recent sales of other European brands like Pampero, Cacique, and Safari, reflects the company’s focus on managing its portfolio to maximize shareholder value. The company aims to concentrate on its core strengths and become a top consumer products company globally.
Diageo plc (NYSE:DEO) is a global leader in premium alcoholic beverages. The company produces and distributes well-known spirits and beers like Johnnie Walker, Smirnoff, Guinness, and Baileys.
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.
3. Keurig Dr Pepper Inc. (NASDAQ:KDP)
Forward P/E Ratio: 12.69
Number of Hedge Fund Holders: 46
Analyst Upside Potential: 42.58%
Keurig Dr Pepper Inc. (NASDAQ:KDP) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 22, Kevin Grundy from BNP Paribas Exane downgraded Keurig Dr Pepper Inc. (NASDAQ:KDP) from Neutral to Sell, with a price target of $24.
The analyst noted the merger agreement with JDE Peet (JDEPF) was one of the worst-received deals in the consumer staples sector. The market reacted negatively to the announcement, and the stock has declined by around 15.40% since the announcement.
Grundy added that both management and the board now have to convince shareholders to ease their skepticism. The analyst calls the shareholder base as being in “unforgiving mood.” The analyst highlighted several risks, including the possibility that the company’s current expectations may not be met. There are also risks around whether the merger’s promised synergies will actually be achieved.
Grundy mentioned that this deal could cause a significant setback in the company’s credibility among investors. This makes the outlook more cautious, leading to the downgrade.
Keurig Dr Pepper Inc. (NASDAQ:KDP) is a North American beverage company that makes, sells, and distributes hot and cold drinks along with single-serve brewing systems.
2. PG&E Corporation (NYSE:PCG)
Forward P/E Ratio: 9.79
Number of Hedge Fund Holders: 77
Analyst Upside Potential: 43.15%
PG&E Corporation (NYSE:PCG) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 18, Morgan Stanley analyst David Arcaro upgraded PG&E Corporation (NYSE:PCG) from Underweight to Equal Weight, while raising the price target from $19 to $20.
The analyst cited the company’s replenished fund as a positive development, enhancing its financial stability. Moreover, he also believes that the company currently trades at a 50% discount to its sector, which presents an attractive risk/reward opportunity for investors.
PG&E Corporation (NYSE:PCG) delivered mixed results for FQ2 2025 and lowered its GAAP earnings guidance for 2025. The company delivered $5.90 billion in revenue, down 1.47% year-over-year and below expectations by $340.99 million. The EPS of $0.31 fell slightly short by $0.01. Management updated its GAAP earnings guidance to $1.26-$1.32 per share, slightly lower than prior guidance. The non-GAAP core earnings guidance stays at $1.48–$1.52 per share.
1. Charter Communications, Inc. (NASDAQ:CHTR)
Forward P/E Ratio: 7.2
Number of Hedge Fund Holders: 56
Analyst Upside Potential: 47.30%
Charter Communications, Inc. (NASDAQ:CHTR) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 22, John Hodulik of UBS maintained a Hold rating on Charter Communications, Inc. (NASDAQ:CHTR) with a price target of $355.
The analyst noted that he expects a slight EBITDA decline in H2. Moreover, he sees only modest revenue and EBITDA growth, driven by slower ARPU growth and gradual cost efficiencies. He also noted that competitive pressures and a sluggish housing market may cause broadband subscriber losses despite seasonal gains.
Similarly, the video segment revenues are also expected to decrease as subscriber losses and slower ARPU growth persist. Hodulik highlighted that the business segment is also likely to face a decline in revenue as the small and medium business segment faces competition. On the bright side, he sees enterprise revenue growing steadily, with increased share buybacks and solid free cash flow projections.
Charter Communications, Inc. (NASDAQ:CHTR) provides broadband Internet, TV, mobile, and voice services to over 57 million homes and businesses across 41 states.
While we acknowledge the potential of CHTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CHTR and that has 100x upside potential, check out our report about this cheapest AI stock.
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