5 Oversold Software Stocks to Buy According to Wall Street Analysts

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1. NIQ Global Intelligence plc (NYSE:NIQ)

Stock Upside: 143.90%

RSI: 27.35

Number of Hedge Fund Holders: 26

NIQ Global Intelligence plc (NYSE:NIQ) is one of the oversold software stocks to buy according to Wall Street analysts. On May 14, Stifel acknowledged that NIQ Global Intelligence plc (NYSE:NIQ) reported Q1 2026 results that beat its own guidance across revenue, adjusted EBITDA, and adjusted EPS.

NIQ’s total revenue came in at $1.07 billion for the quarter, up 11.1% year over year, and above the $1.05 billion analysts had expected. If you strip out the impact of acquisitions and foreign exchange movements, the revenue grew 5.1%. Adjusted EBITDA was $224.8 million, up 19.1% year over year, and margins expanded by 150 basis points to 21.0%. Adjusted EPS came in at $0.15, well above the consensus estimate of $0.05.

The company also said in the report that it landed 17 seven-figure client wins during the quarter. These span renewals, upsells, and competitive wins, which the company cited as evidence that its integrated data capabilities and client relationships are resonating in a competitive market.

However, these results were not sufficient to convince Stifel not to cut its price target on the stock. Stifel trimmed the target from $20 to $16 and maintained a Buy rating. The firm stated that it has concerns over NIQ’s sequential revenue growth, which actually decelerated in the Intelligence segment. Stifel added that it is concerned that AI represents a long-term disruption risk to the traditional consumer intelligence and data subscription business model.

NIQ Global Intelligence plc (NYSE:NIQ) is a consumer intelligence and analytics software company. It provides data measurement, market research, and AI-driven insights to retailers and consumer packaged goods companies worldwide.

While we acknowledge the potential of NIQ 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 NIQ and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: Billionaire Steve Cohen’s 10 Large-Cap Stock Picks with Highest Upside Potential and 12 Best Uranium Stocks to Buy According to Wall Street Analysts.

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