A yeast infectionor thrush, is an infection caused Round spots on penis the Candida fungus. I have lots of little bumps almost like goosebumps or whiteheads on my penis. This may result Round spots on penis a bacterial infection, fungal infection, or ingrown hair. The surgical options include cryosurgery or freezing and laser surgery. The spots may occur alone or in clumps of 50 or more. Fordyce spots are harmless and not sexually transmitted.