In this article, we will look at 10 oversold stocks with attractive upside potential.
On June 15, BNN Bloomberg reported that equity markets across the globe reacted favorably to easing tensions between the United States and Iran.
The channel noted that rising expectations surrounding the reopening of the Strait of Hormuz have improved the broader investor sentiment. Concerns about inflation are expected to ease, reducing pressure on central banks to tighten monetary policy.
BNN Bloomberg highlighted that the overall sentiment across global markets has become optimistic. This is driven by a decline in oil prices, lessening geopolitical tensions, and shifting views on monetary policy. Investors remain focused on the Federal Reserve’s policy, with the new Fed Chairman at the helm, and on the broader outlook for inflation and economic growth.
Apart from a favorable sentiment, global markets have lately been characterized by continued demand for technology-related investments. This highlighted investors’ willingness to pursue growth opportunities despite concerns surrounding valuations.
Chief Strategist at Monex, Takashi Hiroki, shared his enthusiasm following some encouraging developments in the Middle East. He stated:
“This is great news. Buying by foreign investors is leading the market with expectations of easing tensions around the situation in the Middle East.”
With that background, let’s explore our 10 Oversold Stocks Offering High Upside.
Source:Pixabay
Our Methodology
To identify relevant stocks for this article, we screened U.S.-listed companies with market capitalizations above $2 billion and a Relative Strength Index (RSI) below 30. Also, we only shortlisted stocks with at least 45% upside potential, according to consensus, as of the June 18 close. Finally, we selected 10 stocks with the highest upside and ranked them in ascending order.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10. Comcast Corp. (NASDAQ:CMCSA)
Comcast Corp. (NASDAQ:CMCSA) into our list of 10 oversold stocks offering high upside. The company has seen positive commercial developments recently, which support a positive story. On June 16, Comcast Corp.’s Xfinity brand announced same-day delivery for WiFi equipment, targeting new Xfinity Internet subscribers in 20 initial markets.
The service provider intends to extend this accelerated delivery option over its whole operational area by early 2027. The company also confirmed that all new customers can pick up the hardware they need in-store on the day they sign up for service. It stated that the initiative makes Xfinity the first major wired internet provider to offer same-day WiFi equipment delivery.
Earlier on June 9, Comcast Corp. revealed that the company is undertaking a major network expansion across two Wisconsin counties, extending multi-gigabit symmetrical internet connectivity to more than 5,500 residential and business locations.
The ongoing expansion project will cover 300 miles. Initial customer serviceability is projected somewhere near the end of 2026, with the broader infrastructure build-out slated for completion by the end of 2027.
Comcast Corp. is a media and technology company that serves homes and businesses by offering video connectivity, broadband, and wireless services. It also provides broadcast and cable television services through NBC, Telemundo, and Sky networks. Comcast is also engaged in television production, theme park operations, and digital advertising solutions.
9. Netflix Inc. (NASDAQ:NFLX)
Netflix Inc. (NASDAQ:NFLX) features in our list of the 10 oversold stocks offering high upside with fundamental business strength and a moderately bullish consensus sentiment supporting the longer-term view. As of the June 18 closing, the stock offered around 50% upside potential based on a 1-year target price of $114.91. It received Buy ratings from 23 analysts, while the remaining 8 analysts assigned Hold ratings.
On June 18, Matthew Condon from Citizens reiterated a Market Perform rating for Netflix Inc..
The analyst noted that potential upside on revenues remains limited since the consensus 2027 projections already seem to have accounted for a potential price hike. According to Condon, this limitation will still be there even if the anticipated price actions do take place.
Due to weaker engagement assumptions and a lack of clear near-term catalysts, the firm retains a more neutral stance despite the company’s structural advantages in size and distribution.
On June 17, TheWrap’s Lucas Manfredi highlighted that, contrary to an earlier Semafor report, Netflix Inc. has firmly denied pursuing a takeover of Lionsgate Studios. According to a Semafor report, Netflix has dismissed its plans to acquire Roku, stating that it never submitted a bid after Roku agreed to be acquired by Fox.
Netflix Inc. is a subscription-based entertainment service provider that streams television shows, films, documentaries, and more. It uses advanced algorithms to offer device compatibility and personalization for its global users. Subscribers can access an extensive library of content through internet-connected devices such as set-top boxes, laptops, and mobile phones.
8. Leidos Holdings Inc. (NYSE:LDOS)
Leidos Holdings Inc. (NYSE:LDOS) is one of the 10 oversold stocks offering high upside.
On May 21, Leidos Holdings Inc. stated that it will receive 4 awards under the U.S. Department of State’s Evolve contract to assist in modernizing the IT systems utilized by American diplomats across the globe. The initiative’s main goals are to upgrade infrastructure and applications, increase the reliability of IT services over a global network of embassies and consulates, and improve cybersecurity.
Cloud and data center services, application development services, network and telecommunications services, and customer and end-user support are the 4 main service categories in which Leidos secured awards. With a 12-month basic term and 6 additional option years, the Evolve program is set up as a multiple-award, indefinite-delivery/indefinite-quantity (IDIQ) contract. The State Department’s efforts to modernize its technology will receive long-term assistance under the deal, which has a $10 billion cap.
Later in the first week of June, Sheila Kahyaoglu from Jefferies lowered the price target on Leidos Holdings Inc. from $185 to $140. The firm also downgraded the stock from Buy to Hold.
Kahyaoglu noted that the firm’s previous view that defense technology exposure would allow the company to exceed organic growth expectations was inaccurate. Based on that, the analyst made the downward adjustments. Despite that, the revised price target still results in an upside of almost 29%.
Leidos Holdings Inc. offers cyber operations services, digital modernization, national security software, intelligence & operational support, and biometrics & CBRNE solutions. It serves government and commercial entities. It also provides health & civil services, defense systems services, and energy & security technologies.
7. Autodesk Inc. (NASDAQ:ADSK)
Autodesk Inc. (NASDAQ:ADSK) is one of the 10 oversold stocks offering high upside.
On June 15, Autodesk Inc. announced adjustments to its existing Revolving Credit Facility. The company increased its borrowing capacity to $2 billion from $1.5 billion, executed with a banking syndicate involving major names such as Citibank, Morgan Stanley, BNP Paribas, and BofA Securities.
Autodesk will utilize the arrangement to finance its potential acquisitions, share buybacks, working capital needs, and major capital expenditures. The arrangement involves a zero percent rate floor linked to SOFR, along with margins that will depend on the company’s credit ratings. Autodesk also has provisions to expand the arrangement in the future, as per its requirements.
Back on May 29, RBC Capital reduced the target price on Autodesk Inc. from $335 to $305. The firm maintained an Outperform rating on the stock. The firm noted that investor concerns about growth and profitability have surfaced, following the company’s acquisition of MaintainX. The acquisition, valued at $3.6 billion, was Autodesk’s largest to date.
However, RBC Capital also highlighted that the company delivered solid outperformance during the recent quarter. It stated that Autodesk remains well-positioned to lead the innovation in industrial AI. Potential risks of margin dilution are anticipated to be absorbed in operating margin estimates for FY2027 and FY2029.
Autodesk Inc. is involved in the engineering, provision of 3D design and entertainment technology solutions. The company offers Autodesk BIM Collaborate Pro, AutoCAD Civil 3D, Autodesk Build, Revit, and Tandem. It also sells AutoCAD LT, AutoCAD software, Fusion, Inventor, Vault, Flow Production Tracking, and Maya software.
6. Boston Scientific Corp. (NYSE:BSX)
Boston Scientific Corp. (NYSE:BSX) is one of the 10 oversold stocks offering high upside.
On June 12, Matt O’Brien from Piper Sandler reduced the target price on Boston Scientific Corporation from $90 to $65, resulting in an adjusted upside potential of close to 45% at the current level.
The analyst retained an Overweight rating on the stock, observing that the shares have significantly declined in light of a slowdown in some key indicators, and the route to reaching the company’s longstanding revenue growth target of 10% or more.
Earlier on June 3, Marie Thibault from BTIG also reduced the price target on Boston Scientific Corporation from $80 to $65, and upheld her Buy rating on the stock. This update has been attributed to the management’s expectations of slower growth for the company’s Watchman line over the next two quarters.
Thibault also noted that due to low current visibility, she expects flat sales for the second and third quarters. Looking ahead, the analyst projects a small quarter-over-quarter increase during the fourth quarter, followed by a steady and gradual recovery across 2027.
Boston Scientific Corp. specializes in medical devices for interventional specialties such as cardiovascular, endo-surgery, and neuro-modulation. The company operates through MedSurg and Cardiovascular segments, and offers a range of devices, including biliary stent systems, electrocautery enhanced delivery systems, direct visualization systems, and single-use duodeno-scopes.
5. Trimble Inc. (NASDAQ:TRMB)
Trimble Inc. (NASDAQ:TRMB) is one of the 10 oversold stocks offering high upside.
On June 18, Trimble Inc.’s subsidiary, Document Crunch, which offers AI risk intelligence solutions for projects, revealed the launch of its advanced platform that enables the transformation of a single-document review into key risk intelligence at a project level. The company facilitates risk management functions based on automated work streams and swift detection of threats.
Photo by Austin Distel on Unsplash
The firm shared that the latest platform functions like a risk intelligence system containing 3 interlinked layers. Together, they are able to recognize potential risks, respond to them, and manage them across the entire project lifespan.
Co-founder of Document Crunch, Josh Levy, acknowledged the platform as a trendsetter within an industry that requires improved processes for risk mitigation. He reflected on the way a project evolves with time, which can lead to exponential growth in underlying risks. This requires timely risk intelligence solutions, which is what Document Crunch is focusing on. Levy stated:
“This platform sets a new standard for risk management in an industry that needs better ways to mitigate risk. Risk lives between documents and multiplies exponentially as a project progresses and more people get involved. We’re solving that challenge with comprehensive risk intelligence that stretches from the contract documents to the field and involves the right stakeholders to make the best decisions at the optimal times.”
Trimble Inc. offers technology solutions that allow office professionals and field workers to connect. The company sells building design software, equipment guidance systems, logistics technology, and asset tracking solutions. It also offers transportation management software, cloud-based freight procurement platforms, and routing and navigation tools.
4. XPeng Inc. (NYSE:XPEV)
XPeng Inc. (NYSE:XPEV) is one of the 10 oversold stocks offering high upside.
On June 1, XPeng Inc. revealed results for its May 2026 vehicle delivery, which amounted to a total of 32,158 vehicles. This translates into a 4% jump relative to the previous month.
The electric vehicles delivered by the company from January to May 2026 are projected to reduce greenhouse gas emissions by at least 2 million tons compared with Internal Combustion Engine Vehicles (ICEVs). This reduction equals the carbon absorption estimates for more than 33 million young trees, over the course of 10 years.
Back on May 28, Citi reduced the price target on XPeng Inc. from $25.60 to $22.50, leading to a revised upside potential in excess of 67% at the prevailing level. The firm maintained its Buy rating on the stock following the company’s first-quarter results.
The firm attributed these adjustments to margin pressure brought on by rising battery and memory chip prices. According to Citi, XPeng plans to begin trial passenger operations for its robotaxi service sometime during the third quarter.
XPeng Inc. manufactures and sells smart electric vehicles for the Chinese market. The company offers G6, MONA M03, P7 and P7i, Next P7, P7+, XOS Tianji, and SEPA 2.0. It also offers services related to sales contracts, maintenance, technical support, and auto financing.
3. Chewy Inc. (NYSE:CHWY)
Chewy Inc. (NYSE:CHWY) is one of the 10 oversold stocks offering high upside.
On June 12, Citi reaffirmed a Buy rating for Chewy Inc. while reducing the price target from $37 to $31. Despite the downward adjustment, the estimated price target still results in an upside of almost 75%.
According to the firm, the recent post-earnings selloff in the shares is directly tied to negative earnings revisions, which have pushed the stock to trade at an all-time low valuation. Furthermore, Citi characterized the stock’s current valuation discount relative to Petco Health and Wellness Company Inc. (NASDAQ:WOOF) as difficult to understand. Ultimately, the firm maintains that Chewy presents an attractive investment opportunity at its current trading levels.
On June 11, RBC Capital reduced the price target on Chewy Inc. from $47 to $34, which still leads to an upside potential of over 91%. The firm kept an Outperform rating on the stock following the first-quarter results.
The firm highlighted that relatively sluggish guidance seemed on the cards after the management’s mid-quarter commentary. With the updated forecast properly incorporating existing risks, the emergence of potential catalysts seems unlikely due to minimal growth expectations for the category.
Chewy Inc. is an e-commerce retail business that focuses on pet-health products and services. It offers supplies, medications, treats, and food for pets through a popular “Autoship” service, which generates 70% of business revenues. It offers products from over 3,500 brands through a high-volume automated distribution network.
2. Pegasystems Inc. (NASDAQ:PEGA)
Pegasystems Inc. (NASDAQ:PEGA) is one of the 10 oversold stocks offering high upside.
On June 8, Pegasystems Inc. launched new software features at its PegaWorld event designed to safely integrate external AI agents into core corporate workflows without compromising compliance, oversight, or budgeting. Through the adoption of the open Model Context Protocol (MCP), corporate systems running on Google Gemini, OpenAI, or Anthropic Claude can now interact directly with Pega’s business orchestration and automation technology (BOAT) platform.
This strategy directly counters a Gartner projection that escalating operational expenses and compliance gaps will cause over 40% of agentic AI deployments to fail by 2027. Rather than forcing independent systems to continuously recalculate every operational step, Pega stabilizes expenditures and performance by steering these agents through predefined corporate procedures.
Additionally, the software provider also introduced specialized automated tools. These include an automated assignment system that contacts staff or clients via digital channels when approvals are missing, alongside an advanced document parser that categorizes complex files and allows personnel to query digital records for immediate operational data.
Pegasystems Inc. builds, licenses, and supports enterprise software. It provides Pega Infinity, Pega Customer Services, and Pega Platform. The company also offers Situational Layer Cake, Pega GenAI Blueprint, Pega Cloud, Pega Academy, and global service assurance and client support services.
1. Bullish (NYSE:BLSH)
Bullish (NYSE:BLSH) makes it to the top of our list of 10 oversold stocks offering high upside. As of the June 18 closing, the stock offered more than 98% upside potential and carried moderately bullish consensus sentiment. Despite some recent downward adjustments by analysts, the price targets still appear highly attractive.
On June 16, Kenneth Worthington from J.P. Morgan decreased the price target for Bullish from $43 to $26, while maintaining a Neutral rating on the stock. The analyst believes that the company is concentrating on tokenized shares rather than traditional electronic and physical stocks.
Worthington stated that over time, the change in business strategy may result in huge upside and a big increase in revenue per client. Additionally, he pointed out certain risks associated with the Equiniti purchase, particularly with regard to customer demand and timing of these recently launched tokenized share offerings.
Back in mid-May, Brian Bede from Deutsche Bank reiterated his Buy rating, while decreasing the price target for Bullish from $63 to $61. According to the analyst, this adjustment follows the company’s first-quarter earnings report, which delivered mixed operational and financial results. However, the reduced price target still offers an impressive upside potential of over 155% at the prevailing level.
Bullish is a global digital asset platform operating in the U.S. The company runs a digital assets spot and derivatives exchange, integrating automated market making for deep liquidity. It also offers real-time market data, digital asset indices and analytics, news, analysis, and conference services.
