15 Best Penny Stocks to Buy According to Reddit

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4. Nuvation Bio Inc. (NYSE:NUVB)

Nuvation Bio Inc. (NYSE:NUVB) is one of the best penny stocks to buy according to Reddit. On March 3, RBC Capital cut the price target on Nuvation Bio Inc. (NYSE:NUVB) to $13 from $12 while maintaining an Outperform rating on the shares. The rating update came after the company reported its fiscal Q4 results, with the firm telling investors in a research note that the launch of Ibtrozi is continually showing promise. Physicians are using increasing amounts of the drug in their ROS1 patients, driven by good tolerability and high efficacy. It added that with an opportunity of over $650 million and even greater long-term upside potential on safu, shares are undervaluing the two pillars of the company.

Nuvation Bio Inc. (NYSE:NUVB) released its fiscal Q4 and full-year 2025 results on March 2, reporting that it successfully started 216 patients on IBTROZI® (taletrectinib) in fiscal Q4 2025 for a total of 432 new patient starts since launch in the second half of June 2025. It also entered into an exclusive licensing and collaboration agreement with Eisai on January 11, 2026, for taletrectinib in Europe and additional countries outside the U.S., China, and Japan. As of December 31, 2025, Nuvation Bio Inc. (NYSE:NUVB) has a strong balance sheet with cash, cash equivalents, and marketable securities of $529.2 million.

Nuvation Bio (NYSE:NUVB) is a biopharmaceutical company that develops therapeutic and differentiated candidates to tackle the gaps in oncology. It is advancing several clinical-stage candidates, including a bromodomain and extra-terminal (BET) inhibitor, a ROS1 inhibitor, a mutant isocitrate dehydrogenase 1 (mIDH1) inhibitor, and a drug-drug conjugate (DDC).

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