PayPal and Coinbase are currently the two most oversold stocks on Wall Street, according to the RSI indicator. PayPal dropped below an RSI of 11 – extremely rare – after losing more than 24% of its value in a week, marking the worst weekly decline in history. The decline was driven by weak profit forecasts for 2026 and news of CEO Alex Chriss stepping down, causing investor sentiment to plummet. However, LSEG data shows that most analysts still maintain a “hold” recommendation, with a target price implying a potential 40% increase within a year.
Coinbase also faced heavy pressure with an RSI around 14 and shares down 25% due to Bitcoin’s plunge. Nevertheless, many analysts remain optimistic, expecting potential gains of up to 100%, depending on the developments in the cryptocurrency market. Additionally, KKR and Palantir were also heavily sold off due to concerns over AI’s impact, but overall, analysts have not completely pulled back.