Undervalued Stocks Under $2: SWVL, RDZN, SURG, CISS, DKI - Complete List Inside

Following Friday's market close, a select group of Nasdaq-listed stocks trading under $2 is gaining renewed attention across the investment community. As investors scan for undervalued small-cap stocks, Nasdaq penny stocks, and high-upside re-rating candidates, these companies stand out for having real operating businesses, identifiable growth narratives, and near-term catalysts that can drive volume expansion and valuation resets.

Unlike speculative shells, each of the names below operates in an active sector-mobility technology, artificial intelligence, consumer health, shipping, gaming, or fintech-placing them firmly on the radar of investors searching for breakout stocks, small-cap momentum, and undervalued growth opportunities.

Swvl Holdings Corp. (NASDAQ: SWVL) operates a technology-enabled mass transit platform focused on optimizing bus-based transportation in emerging and developing markets. Positioned within the broader mobility technology and smart infrastructure space, the company offers an alternative to traditional ride-hailing by targeting enterprise, government, and large-scale commuter solutions. Trading under $2, Swvl fits the profile of a turnaround mobility stock that can attract momentum traders as operating leverage and regional expansion remain key themes.

Roadzen, Inc. (NASDAQ: RDZN) is an AI-driven insurtech platform applying artificial intelligence, computer vision, and telematics to modernize auto insurance underwriting, inspection, and claims processing. As investors continue to search for applied AI stocks with real-world use cases, Roadzen's positioning within insurance automation places it in a category that has historically seen sharp valuation re-ratings when adoption accelerates. Its sub-$2 price keeps it firmly in the small-cap AI watchlist category.

Synergy CHC Corp. (NASDAQ: SNYR) operates in the consumer health and wellness sector, anchored by its FOCUSfactor brand across supplements and functional beverages. The company has been expanding its retail and wholesale distribution footprint, aligning with broader demand for cognitive support, energy, and wellness-focused products. Consumer-facing growth stories with expanding shelf space often draw investor interest when revenues begin to scale, making Synergy CHC a name closely watched among undervalued consumer health stocks. Ascendiant Capital Markets Issues Buy and $5 Target February 2, 2026 See More. [https://thestreetreports.com/wp-content/uploads/2026/02/SNYR-2026.02.02-Coverage-Initiation.pdf]

C3is Inc. (NASDAQ: CISS) C3is is a shipping company focused on dry bulk and tanker transportation, sectors that are closely tied to global trade, energy flows, and commodity demand. Shipping equities are often evaluated on net asset value, fleet composition, and cycle timing, and C3is has been active in expanding and optimizing its fleet. Recently completing a reverse split, the company now trades at levels that place it back on screens for investors tracking shipping stocks under $2 and maritime special situations.

Fusemachines Inc. (NASDAQ: FUSE) develops and deploys enterprise artificial intelligence solutions, offering AI software and platforms designed for real-world business applications. As capital rotates within the AI sector, investors are increasingly differentiating between hype-driven stories and companies delivering functional AI products. Fusemachines' focus on enterprise deployment and AI-as-a-service positions it as a small-cap AI infrastructure play trading at valuation levels that continue to draw attention.

DarkIris Inc. (NASDAQ: DKI) is a mobile digital developer and publisher operating within the global and digital entertainment market. Micro-cap gaming stocks frequently experience rapid price movements when user growth, new releases, or platform expansion gain traction. With shares trading well below $1, DarkIris remains on the radar of investors scanning for low-priced Nasdaq stocks with potential catalyst-driven upside.

SurgePays, Inc. (NASDAQ: SURG) operates at the intersection of wireless services and fintech, targeting underserved and prepaid consumer markets through retail distribution and point-of-sale enablement. The company's model emphasizes recurring transactions, merchant partnerships, and scalable infrastructure. As investors continue to focus on fintech stocks with real cash-flow pathways, SurgePays stands out among under-$2 names tied to digital payments, wireless access, and financial inclusion.

Historically, the $0.50-$2.00 price range has been a prime hunting ground for investors seeking asymmetric risk-reward setups, particularly when companies combine low market capitalizations with tangible operating businesses. Stocks in this range frequently surface in searches for "undervalued Nasdaq stocks," "small-cap breakouts," "AI penny stocks," and "stocks to watch now."

As market conditions rotate toward selective risk-on behavior, names like these can experience outsized percentage moves when news flow, earnings updates, contracts, or sector momentum converge.

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