9 Best Penny Stocks on Cash App in 2025: High-Risk, High-Reward Picks

arekmalang / iStock.com

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.

20 Years
Helping You Live Richer

Reviewed
by Experts

Trusted by
Millions of Readers

Cash App isn’t just for sending and receiving money — it’s also one of the easiest ways to buy and sell stocks commission-free. That accessibility has made it especially popular among beginner investors and budget-conscious traders looking to buy low-cost stocks.

If you’re wondering what penny stocks are available on Cash App in 2025, here’s a detailed look at some of the best — and riskiest — opportunities on the platform right now.

Best Penny Stocks on Cash App

Ticker	Company Name	Sector	Approx. Price (as of Oct 2025)
RIG	Transocean Ltd.	Energy / Offshore Drilling	$4.18
IQ	iQIYI Inc.	Media / Streaming	$2.03
OPK	OPKO Health Inc.	Healthcare / Biopharma	$1.59
CHPT	ChargePoint Holdings Inc.	Electric Vehicles / Infrastructure	$1.82
GRAB	Grab Holdings	Ride-Hailing / Fintech	$4.92
LCID	Lucid Group, Inc.	Electric Vehicles	$2.01
NOK	Nokia Corp.	Telecommunications / 5G	$3.85
CLNE	Clean Energy Fuels Corp.	Energy / Renewables	$3.11
LUMN	Lumen Technologies	Telecom / Cloud Infrastructure	$1.42

What Is a Penny Stock?

Despite the name, a penny stock isn’t literally worth a penny. In modern terms, penny stocks are shares trading below $5 with relatively small market capitalizations (typically under $300 million).

While Cash App generally focuses on larger, more liquid securities, several stocks listed on the app have fallen into penny-stock territory over time. These low-priced shares can offer major upside — but also come with serious risks.

1. Transocean Ltd. (RIG)

Sector: Energy/Offshore DrillingCurrent Price: ~$4.18

Overview:Transocean operates one of the world’s largest offshore drilling fleets, providing services to oil and gas companies worldwide. Based in Switzerland, it focuses on ultra-deepwater and harsh-environment exploration.

Growth Catalysts:

• Oil price recovery could boost demand for offshore drilling.
• Long-term contracts offer recurring revenue stability.

Risks:

• High debt and exposure to energy price swings.
• Long periods of underutilization if oil demand softens.

2. iQIYI Inc. (IQ)

Sector: Media/EntertainmentCurrent Price: ~$2.03

Overview:Often called “the Netflix of China,” iQIYI produces hit dramas and variety shows for hundreds of millions of viewers.

Growth Catalysts:

• Growing demand for localized streaming content in Asia.
• Strategic partnerships for international expansion.

Risks:

• Heavy reliance on advertising revenue.
• Regulatory scrutiny in Chinese media markets.

3. OPKO Health Inc. (OPK)

Sector: Healthcare/DiagnosticsCurrent Price: ~$1.59

Overview:OPKO develops diagnostic and pharmaceutical solutions, including collaborations with Pfizer on growth hormone therapies.

Growth Catalysts:

• Potential revenue from new FDA-approved drugs.
• Global diagnostic testing demand remains strong post-pandemic.

Risks:

• Repeated quarterly losses.
• R&D spending outpaces revenue growth.

4. ChargePoint Holdings Inc. (CHPT)

Sector: Electric Vehicles/Charging InfrastructureCurrent Price: ~$1.82

Overview:ChargePoint runs one of the world’s largest EV charging networks, with over one million charging ports globally.

Growth Catalysts:

• U.S. EV charging incentives under the Inflation Reduction Act.
• 94% analyst-estimated upside for 2026.

Risks:

• Ongoing losses and cash burn.
• Competition from Tesla Supercharger and Electrify America.

5. Grab Holdings (GRAB)

Sector: Ride-Hailing/FintechCurrent Price: ~$4.92

Overview:Grab dominates Southeast Asia’s super-app ecosystem — offering ride-hailing, food delivery and financial services.

Growth Catalysts:

• Expanding fintech offerings in underbanked regions.
• Nearing profitability after years of growth and investment.

Risks:

• Currency volatility and regulatory risk in multiple countries.
• Competition from GoTo and Uber re-entries in local markets.

6. Lucid Group, Inc. (LCID)

Sector: Electric VehiclesCurrent Price: ~$2.01

Overview:Lucid is an American luxury EV maker that once rivaled Tesla in hype — and now trades at a fraction of its 2021 IPO value.

Growth Catalysts:

• Backing from Saudi Arabia’s Public Investment Fund ($1.5B injection).
• Expanding production capacity to 9,000+ vehicles annually.

Risks:

• High cash burn and slower-than-expected deliveries.
• Price competition from Tesla and BYD.

7. Nokia Corp. (NOK)

Sector: Telecommunications/5GCurrent Price: ~$3.85

Overview:Once the global leader in mobile phones, Nokia has reinvented itself as a telecom infrastructure and 5G technology provider.

Growth Catalysts:

• Global 5G rollout continues into 2026.
• Diversified revenue from enterprise and cloud networking.

Risks:

• Fierce competition from Ericsson and Huawei.
• Currency risk in European operations.

8. Clean Energy Fuels Corp. (CLNE)

Sector: Renewable Energy/Natural GasCurrent Price: ~$3.11

Overview:CLNE builds and operates renewable natural gas (RNG) fueling stations for fleets and transportation companies.

Growth Catalysts:

• Increasing U.S. focus on decarbonizing heavy transportation.
• Partnerships with Amazon and UPS for RNG delivery.

Risks:

• Dependency on tax credits and government incentives.
• Lower adoption if EV infrastructure expands faster than expected.

9. Lumen Technologies (LUMN)

Sector: Telecom/Cloud InfrastructureCurrent Price: ~$1.42

Overview:Lumen provides enterprise networking and cloud services. Once known as CenturyLink, it’s been repositioning toward digital infrastructure.

Growth Catalysts:

• Increasing demand for data storage and connectivity.
• Cost-cutting measures aimed at restoring profitability.

Risks:

• Heavy debt load and revenue decline.
• Dividend suspension has hurt investor sentiment.

How To Reduce Risk When Investing in Penny Stocks

Penny stocks are high-risk — but smart traders use several strategies to manage that risk:

• Stick to major exchanges. Avoid over-the-counter (OTC) stocks not listed on the NYSE or Nasdaq.
• Check average daily volume. Look for stocks with at least 1 million shares traded per day for liquidity.
• Set stop-loss orders. Cap losses automatically if a stock drops below your target.
• Diversify holdings. Don’t put more than 5% to 10% of your portfolio into penny stocks.
• Research filings. Always review 10-K and 10-Q SEC filings for red flags like debt growth or negative cash flow.

Pro Tip: Never invest money you can’t afford to lose. Penny stocks can deliver huge gains — or collapse overnight.

Behavioral Tip: Why Penny Stocks Are So Tempting

Psychologists call this “lottery effect investing” — the urge to chase big returns with small bets. But successful investors flip that logic: instead of betting on long shots, they build long-term consistency through diversified, low-cost portfolios and steady contributions.

Final Take to GO: Best Penny Stocks on Cash App in 2025

Cash App’s ease of access makes it an attractive platform for new investors, but penny stocks require extra caution.

The most promising opportunities in 2025 include ChargePoint (CHPT), Grab Holdings (GRAB) and Clean Energy Fuels (CLNE) — each with strong industry tailwinds but high volatility.

Approach these trades with discipline, manage your risk and use Cash App’s fractional investing feature to experiment with small positions safely.

Daria Uhlig contributed to the reporting for this article.

Information is accurate as of Oct. 7, 2025. 

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

Share This Article: