Loading up on growth stocks while they're down big can set up investors for significant gains later on. It's important, however, to understand why they are struggling before buying them, so that investors are aware of any risks involving them.
Three growth stocks that may look incredibly appealing to long-term investors right now are Oracle (ORCL -1.83%), Intuit (INTU +4.43%), and Coupang (CPNG +0.64%). Here's why they may be worth buying, while they're down more than 50% from their highs.
Image source: Getty Images.
Oracle
Database giant Oracle has come under pressure this year due to its rising debt load and exposure to OpenAI, the company behind ChatGPT. Since the start of the year, Oracle's shares have fallen by 26%. On Monday, it closed below $147 -- a significant pullback from the 52-week high of $345.72 it reached last year.
In its most recent earnings report, the company said it still expects to raise roughly $40 billion for the current fiscal year through a combination of debt and equity. While the business has been growing at a fast pace and expects revenue to rise between 27% and 29% during the first quarter of fiscal 2027, which runs through the end of August, investors appear more concerned about the long-term risks it faces.
NYSE: ORCL
Key Data Points
There is undoubtedly risk here with Oracle, but that's arguably priced into its valuation; the stock is trading at 18 times its estimated future earnings (based on analyst expectations). That's a fairly low multiple for a top tech stock such as Oracle. For investors willing to take on the risk, there could be some attractive upside ahead if the company can calm investor fears.
Intuit
Shares of software company Intuit have nosedived nearly 50% since the start of 2026. Investor fears about artificial intelligence (AI) and the possibility that it could disrupt software businesses led to many quality stocks, including Intuit, falling sharply in the early part of the year.
While Intuit has begun to rally in recent months, it still has a long way to go before it fully recovers from the sharp sell-off. Yesterday, it closed at around $335, which is more than 50% below its 52-week high of $719.10.
NASDAQ: INTU
Key Data Points
Intuit's business still looks to be in solid shape, with the company reporting revenue growth of 10% in its third-quarter results, which went up until the end of April. I believe the market has overreacted in the case of Intuit, as its tax and accounting software isn't something AI could easily replace, nor is it something consumers and businesses would easily trust even if it did.
Trading at just 12 times its projected future earnings, the stock still looks like a steal of a deal.
Coupang
E-commerce company Coupang is a leader in the South Korean market, with opportunities to expand and grow internationally. However, this year, its shares have fallen by more than 30%. A large data breach last year, which affected an estimated 37 million accounts, has weighed on not just investor confidence in the stock but also the company's financial results, as it has faced fines as a result of the scandal.
The stock, which trades at around $16 now, reached a high of more than $34 last year. It's down big as confidence has seemingly faded from this once-promising growth stock.
But while breaches can be devastating, they can, unfortunately, also be commonplace. Many companies have fallen victim to them, and while in the short term, their share prices may collapse, they often end up recovering in the long run.
NYSE: CPNG
Key Data Points
Coupang may still face a challenging road ahead, but buying the stock at a deeply reduced valuation could be enticing to investors. While its forward price-to-earnings multiple of 35 isn't exactly cheap, the stock's price-to-earnings-growth (PEG) multiple is less than 0.50, which indicates good value when looking at the long run; the PEG considers the company's expected growth over five years.
For investors who are willing to remain patient and wait for a turnaround, there may be significant upside here.
