13 Cheap Stocks with Huge Upside Potential

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6. Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Analyst Upside: 62.01%

Forward P/E: 9.31

Number of Hedge Fund Holders: 42

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) is one of the best cheap stocks with huge upside potential. On June 17, Cantor Fitzgerald analyst Sarah James reiterated a Hold rating on Acadia Healthcare Company, Inc. (NASDAQ:ACHC) and set a price target of $40.00.

The company reported $770.5 million in revenue in fiscal Q1 2025, down from $768.1 million from the same quarter last year.

However, the same facility revenue for the quarter rose 2.1% compared to Q1 2024, including a growth in patient days of 2.2%. Management reported that patient day growth and same facility revenue both experienced an unfavorable year-over-year impact of approximately 1.1% from the leap year.

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) provides behavioral healthcare services across the US. It offers services to its patients in a range of settings, including specialty treatment facilities, inpatient psychiatric hospitals, outpatient clinics, and residential treatment centers.

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