Wall Street’s Biggest Bargains? PayPal and Coinbase Lead Most Oversold Stocks List
Two fintech giants are flashing a massive 'buy' signal—if you believe the numbers.
The Oversold Reality Check
Forget subtle dips. Technical indicators are screaming that PayPal and Coinbase have been punished far beyond their peers. It's a classic Wall Street pendulum swing—sentiment has swung from euphoria to despair, leaving valuation metrics in the dust. The question isn't if they're oversold, but why.
Crypto Winter's Icy Grip
Coinbase's fate remains tethered to Bitcoin's price action—a brutal reality in a sideways market. Regulatory fog hasn't helped. Meanwhile, PayPal's ambitious crypto push faces its own growth pains as it battles for wallet share. Both stories highlight the high-wire act of bridging traditional finance with digital assets.
The Contrarian's Dream
This level of oversold conditions often precedes a sharp snap-back. For investors with steel nerves, it represents a potential entry point where fear has overstayed its welcome. Of course, catching a falling knife requires perfect timing—or a willingness to ignore short-term paper losses.
Is this the bottom? Only hindsight offers that luxury. But one thing's clear: when even the suits on Wall Street get this pessimistic about the future of money, it might be time to look past the quarterly noise. After all, nothing makes a trader happier than buying low and selling high—except maybe a three-martini lunch on the company card.
Coinbase slides 25% as Bitcoin crumbles
Coinbase also made the oversold list with an RSI of around 14. It got crushed this week too. Shares fell 25% by Friday morning. That happened as bitcoin dropped hard. Since Coinbase depends so much on crypto trading volume, it got dragged down right with it.
The stock bounced a little Friday as Bitcoin recovered some of its earlier loss.But even with that bounce, Coinbase still ended the week deep in the red.Analysts are still betting big on it.
Most of them rate it a buy. And the average target price shows a possible 100% gain from here. Whether or not it actually happens depends on where crypto goes next.
The selloff this week didn’t stop with just those two. KKR & Co., a big name in alternative assets, also ended the week oversold. Its RSI fell below 20, and the stock dropped more than 13%. The fear here is about artificial intelligence
Investors are nervous that it is about to shake up the software inudstry. Since KKR is tied to that space through its credit investments, the worry spread to them too.
Even with that fear, most analysts haven’t bailed. LSEG data shows a majority still have buy ratings on KKR. And the average price forecast shows the stock could rise over 53% in the next twelve months. Again, that’s if nothing else goes wrong.
Then there’s Palantir, which dropped 13% this week. It had a huge rally over the last year, but the good times stopped fast. Just like KKR, the panic was about AI. People are worried that new models will eat into older software companies’ profits. Palantir reports earnings on Monday after the close, so everyone’s watching.
Rishi Jaluria from RBC Capital Markets is still bearish. Back on January 26, he kept his “underperform” rating on Palantir and stuck with a $50 target. He warned that unless something major happens in the next earnings report, the current price doesn’t make sense.
Right now, Palantir has an RSI of 26.3, according to data from TradingView. Not as bad as PayPal or Coinbase, but still weak.
Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.
