Craig-Hallum Raises PT on Acacia Research (ACTG), Keeps a Buy Rating

Acacia Research Corporation (NASDAQ:ACTG) is one of the High-Flying Penny Stocks to Buy. On March 12, Craig-Hallum analyst Anthony Stoss raised the firm’s price target on Acacia Research Corporation (NASDAQ:ACTG) from $5 to $6, while keeping a Buy rating on the stock.

​The analyst noted that the company trades below its diluted book value per share. This presents an attractive entry point and potential undervaluation despite mixed end-market conditions. Moreover, the analyst also pointed out progress at Benchmark Energy, which is a subsidiary of Acacia Research Corporation (NASDAQ:ACTG). Stoss noted that the subsidiary drilled its first Cherokee oil well and is expected to start production in late March 2026. The analyst believes that this can boost overall production by about 10%, with plans for up to three additional wells in the region this year.

​In separate news, Acacia Research Corporation (NASDAQ:ACTG) released its fiscal Q4 2025 results on March 11. The company grew its quarterly revenue by 2.63% year-over-year to $50.13 million and topped expectations by $12.13 million. Moreover, the EPS of $0.03 also topped consensus by $0.17.

​Acacia Research Corporation (NASDAQ:ACTG) acquires and operates businesses in industrial, energy, and technology sectors. Its IP Operations segment invests in intellectual property assets for licensing and enforcement of patented technologies.

While we acknowledge the risk and potential of ACTG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ACTG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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