10 Oversold Stocks to Buy Now

3. WaterBridge Infrastructure (NYSE:WBI)

3-Month Decline as of January 7: 30.83%

Average Upside Potential as of January 7: 54.91%

Number of Hedge Fund Holders: 44

WaterBridge Infrastructure (NYSE:WBI) is one of the oversold stocks to buy now. On January 5, Raymond James analyst Justin Jenkins upgraded WaterBridge Infrastructure to Strong Buy from Outperform with an unchanged price target of $30. This sentiment came out as the firm broadly adjusted ratings in the midstream supplier group heading into 2026. Raymond James believes investor focus is now centered on how individual companies translate macro tailwinds into realizable cash flow.

The company’s revenue reached $205.5 million in Q3 2025, which was an 8% sequential increase. This growth was driven by a 7% rise in combined produced water handling volumes, which averaged 2.5 million barrels per day. The company also saw a net loss of $18.7 million for the quarter. The quarter’s success was largely anchored by the commencement of the BPX Kraken project. This development includes a 10-year minimum volume commitment from BPX Energy and features an initial handling capacity of 400,000 bpd, with the potential to scale to 600,000 bpd.

Additionally, WaterBridge announced its final investment decision for the first phase of the Speedway Pipeline project. This large-diameter pipeline will connect the northern Delaware Basin to out-of-basin pore space; the project is expected to be in service by mid-2026.

WaterBridge Infrastructure (NYSE:WBI) is a water infrastructure company that provides water management solutions through integrated pipeline and water handling networks in the US.