5 Best Penny Stocks That Could Triple Your Money

2. OmniAb Inc. (NASDAQ:OABI)

OmniAb Inc. (NASDAQ:OABI) is one of the 10 best penny stocks that could triple your money.

On March 5, OmniAb Inc. (NASDAQ:OABI) reported fourth-quarter revenue of $8.4 million, coming in below consensus estimates of $9.0 million. The company closed 2025 with a growing base of 107 active partners and a growing portfolio consisting of 407 active programs.

The company’s Chief Executive Officer, Matt Foehr, mentioned that the company’s differentiated technologies underpin its business outlook and enable it to grow the partner base while maintaining a disciplined cost structure. As the partner pipeline moves forward, some assets are emerging that have the potential to drive material milestones and recurring royalty revenue. Shedding light on the recent launch and the company’s drive towards innovation, Foehr stated:

“Our focus on innovation was evident in the recent launch of OmniUltra(TM), which strengthens our ability to attract new partners and service new programs. Additionally, we continue to see strong interest in the xPloration partner access program and are excited about its contributions to the business.”

OmniAb Inc. (NASDAQ:OABI) provides licenses to pharmaceutical and biotech companies for discovery research technology around various parts of the world. To find the best antibodies and other target-binding proteins for partners’ drug development efforts, the company’s technology platform creates and screens diverse antibody repertoires. Animal-based technologies are also offered by the company.