BGC Group, Inc. (NASDAQ:BGC) is one of the best cheap stocks under $10 to buy now. BGC Group, Inc. (NASDAQ:BGC) received a rating update from Piper Sandler analyst Patrick Moley on November 10, who maintained a Buy rating on the stock with a $14 price target.
The rating followed the company’s release of fiscal Q3 2025 results, with record Q3 revenues of $737 million, up 31% compared to $561 million a year ago. The company also reported record revenues of $628 million, excluding OTC, driven primarily by growth across every asset class and geography.
BGC Group, Inc. is delivering strong growth in a mixed macro environment, bolstered by the strength and scale of its global platform. The company expects its $25 million cost reduction program to be completed by the end of the year, boosting its margins and profitability and allowing a focus on delivering long-term shareholder value.
BGC Group, Inc. provides brokerage and financial technology services, offering trade execution and broker-dealer services specializing in Foreign Exchange, Fixed Income (Rates and Credit), Equities, Shipping, Energy and Commodities, and Futures.
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This article is originally published at Insider Monkey.
