In this article, we will list the 5 Most Oversold S&P 500 Stocks So Far in 2026. Please visit 10 Most Oversold S&P 500 Stocks So Far in 2026 if you’d like to see an extended list and the methodology behind it.
5. Boston Scientific Corporation (NYSE:BSX)
Share Price Decline Versus 52-Week High: 55.15%
Relative Strength Index: 29.77
Number of Hedge Fund Holders: 106
Boston Scientific Corporation (NYSE:BSX) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026. On May 29, Wolfe Research downgraded the stock from Outperform to Peer Perform.
Photo by Robb Miller on Unsplash
This marks the end of the firm’s bullish outlook on the stock for four years, with the adjustment coming after the company said sales growth of its Watchman implant, which reduces the risk of stroke, was slowing.
Wolfe Research now anticipates 7% organic growth for Boston Scientific Corporation (NYSE:BSX) in 2027, according to TipRanks, which would put the share price in the early $50s, roughly the same level the stock is trading at currently.
Following the Watchman update, TD Cowen also lowered its price target on the stock to $61 from $80, but maintained a Buy rating.
Despite recent analyst revisions, BSX remains a Strong Buy based on 27 analysts’ recommendations and has an average share price upside of 70% as of the close on May 29.
Boston Scientific Corporation (NYSE:BSX) is a global medical technology company that manufactures and markets medical devices that are used in several interventional medical specialties.
4. Insulet Corporation (NASDAQ:PODD)
Share Price Decline Versus 52-Week High: 59.84%
Relative Strength Index: 29.26
Number of Hedge Fund Holders: 55
Insulet Corporation (NASDAQ:PODD) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026. The company is carrying out a voluntary correction for specific lots of Omnipod 5, Omnipod DASH, and Omnipod Insulin Management System, it said on May 26.
The medical device maker said it had identified a manufacturing issue during monitoring that could result in patients receiving less insulin than required, which could lead to high glucose levels and serious medical conditions like diabetic ketoacidosis (DKA).
According to Insulet Corporation’s (NASDAQ:PODD) press release, the manufacturing issue may cause insulin leakage outside the pod due to a small tear in the cannula above the skin, instead of being fully delivered into the body. This case is separate from a correction issued in March affecting certain Omnipod 5 Pods.
In other news, a Washington-based appeals court on Thursday reversed a $59 million verdict it had given in favor of Insulet against EOFlow for allegedly stealing trade secrets, after finding that the company had taken too long to bring the lawsuit against its Korean rival.
Insulet Corporation (NASDAQ:PODD) is a medical device company focused on developing, manufacturing, and selling insulin delivery systems for patients with diabetes.
3. Intuit Inc. (NASDAQ:INTU)
Share Price Decline Versus 52-Week High: 61.53%
Relative Strength Index: 33.63
Number of Hedge Fund Holders: 92
Intuit Inc. (NASDAQ:INTU) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026. As of the close of business on May 29, the stock is a Strong Buy with an average share price upside potential of 51%.
Recent updates include J.P. Morgan analyst Mark Murphy, who on Friday reiterated the firm’s Buy rating on the stock with a price target of $605, according to a report on TipRanks.
Earlier on May 27, BofA initiated coverage of Intuit Inc. (NASDAQ:INTU) with a Buy rating and announced a price target of $400. The company’s shares are down 55% over the past 12 months. However, the firm believes the current valuation does not factor in the quality of the business, opportunities for growth, and ‘best-in-class’ margins.
The tax and software maker’s shares continued to tumble in May amid concerns over AI displacing products and services from established companies. During the month, the company announced it would cut 17% of its workforce as part of mass downsizing.
Moreover, its quarterly revenue for Q3 missed analysts’ estimates and grew at the slowest pace for any period since 2024, further aggravating investors’ concerns.
Intuit Inc. (NASDAQ:INTU) offers a global financial technology platform that provides financial management, compliance, and market products and services to consumers and businesses. The company has over 100 million customers worldwide, using products like TurboTax, QuickBooks, Mailchimp, and more.
2. Charter Communications, Inc. (NASDAQ:CHTR)
Share Price Decline Versus 52-Week High: 65.13%
Relative Strength Index: 36.16
Number of Hedge Fund Holders: 48
Charter Communications, Inc. (NASDAQ:CHTR) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026. Shares are down 31% year-to-date as of the close on May 29 due to several challenges, including a declining customer base and recent analyst adjustments.
Spectrum internet customers declined by 120,000 during the first quarter of fiscal 2026, as competing telecom players wooed users away from traditional cable internet through promotional offerings. The figure was around 20% higher than analysts had anticipated.
Total video customers also fell by 60,000. However, this was far less than the expected decline of 85,872 for this quarter and 181,000 in Q1 2025, with the improvement driven by simplified pricing and packaging.
Charter Communications, Inc. (NASDAQ:CHTR)’s first-quarter revenue came in at $13.60 billion, down 1% year-over-year, while net income attributable to shareholders declined 4.4% to $1.16 billion. Following the results, several firms, including RBC Capital, Citigroup, and BofA, trimmed their price targets on the stock.
Institutional investors’ interest in the company also appears to be declining. According to Insider Monkey’s database for Q1 2026, 48 hedge funds held a stake in CHTR, down from 62 in Q4 2025.
Charter Communications, Inc. (NASDAQ:CHTR) is a broadband connectivity company serving nearly 59 million homes and businesses across 41 U.S. states through its Spectrum brand.
1. CoStar Group, Inc. (NASDAQ:CSGP)
Share Price Decline Versus 52-Week High: 66.85%
Relative Strength Index: 34.08
Number of Hedge Fund Holders: 62
CoStar Group, Inc. (NASDAQ:CSGP) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026. On May 29, the company announced that it had reached a definitive agreement to acquire housing‑market data provider Zonda for $800 million in cash.
The acquisition will expand the company’s offerings with the inclusion of the leading B2B information platform in the home construction industry and will also add NewHomeSource.com to its family of marketplaces.
CoStar Group, Inc. (NASDAQ:CSGP) described Zonda as an appealing business with strong profit margins and an impressive customer retention rate, while adding that much of its revenue is generated through subscriptions.
The transaction is expected to close during the back half of 2026. The acquisition is anticipated to be accretive to adjusted earnings per share in the first full year of ownership.
Following the news, William Blair analyst Stephen Sheldon reiterated the firm’s bullish outlook on the stock by maintaining a Buy rating.
As of the close of business on May 29, CSGP is a Strong Buy based on the recommendations from 14 analysts, and has an average share price upside potential of 57%.
CoStar Group, Inc. (NASDAQ:CSGP) is a leading provider of online real estate marketplaces, analytics, information, and 3D digital twin technology. The company was founded in 1986 and is focused on digitizing the real estate space.
While we acknowledge the potential of CSGP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CSGP and that has 100x upside potential, check out our report about the cheapest AI stock.
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