2 Supercharged Growth Stocks Down 83% and 92% From Their All-Time Highs That Can Double by (or Before) 2028

By Sean Williams – Mar 25, 2026 at 7:36AM ESTKey PointsAlthough the bulls have held the reins on Wall Street for years, it doesn't mean every growth stock has come along for the ride.One historically cheap company staring down an addressable market expected to 10X by 2033 makes for a no-brainer buy right now.Likewise, a beaten-down financial stock with accelerating sales growth looks ripe for the picking by opportunistic investors. Although the bulls have ruled the roost on Wall Street for much of the last seven years, it doesn't mean every growth stock has ascended to the heavens. While beaten-down stocks have often tumbled for valid reasons, sometimes these declines open the door for opportunistic long-term investors to pounce. Ride-share titan Lyft (LYFT 1.35%) and digital investment platform Webull (BULL 3.48%) have seen their shares plummet 83% and 92%, respectively, from their all-time closing highs. While most public companies struggle to claw their way back from declines of this magnitude, Lyft and Webull may be the exceptions to the unwritten rule and can double by (or before) 2028. Image source: Getty Images. Lyft: Down 83% from its all-time closing high The first fast-paced company with the potential to reverse its steep losses since its March 2019 initial public offering is Lyft. Though investors were clearly overzealous with Lyft's valuation when the company debuted seven years ago, the addressable market for ride-sharing, along with Lyft's key performance indicators (KPIs) and valuation, all point to meaningful long-term upside. While Lyft takes a clear back seat to Uber Technologies in terms of U.S. market share, the ride-sharing addressable market is large enough for several winners. Straits Research is forecasting a 10X increase in ride-hailing revenue, from $87.7 billion in 2025 to $918.2 billion by 2033. Lyft is ideally positioned to capitalize on this sustainable double-digit growth. ExpandNASDAQ: LYFTLyftToday's Change(-1.35%) $-0.18Current Price$13.16Key Data PointsMarket Cap$5.2BDay's Range$13.00 - $13.2752wk Range$9.66 - $25.54Volume24KAvg Vol17MGross Margin33.89% Lyft's KPIs are also headed in the right direction. Despite its stock underperforming, gross bookings rose 15% in 2025, with active riders increasing 18% to 29.2 million. Customers are becoming more engaged with the service than ever before, allowing Lyft to expand into new verticals, including advertising. Lastly, the valuation makes sense. Lyft is trading at 14 times forecast earnings per share (EPS) for 2027 and 0.74 times projected sales this year. That's a sizable discount to Uber's estimated price-to-sales (P/S) ratio of 2.63 in 2026. Image source: Getty Images. Webull: Down 92% from its all-time closing high Investment platform Webull is another beaten-down growth stock that can double by (or before) 2028. Although the company's valuation following its debut via a special purpose acquisition company made absolutely no sense, several catalysts, including its valuation, are now potential tailwinds. Arguably, the most important catalyst for Webull is its push to adjusted profitability. Shifting from losses to recurring profits validates its model as sustainable over the long term, as well as indicates that its users are becoming more engaged with the platform. ExpandNASDAQ: BULLWebullToday's Change(-3.48%) $-0.18Current Price$5.13Key Data PointsMarket Cap$2.7BDay's Range$5.09 - $5.2852wk Range$5.04 - $79.56Volume2.2KAvg Vol11MGross Margin77.45% Like Lyft, this is also a story where the KPIs do the talking. On top of record revenue and net deposits, registered users jumped 15% to 26.8 million, and options contracts volume surged 38% to 154 million during the year-end quarter. The reintegration of cryptocurrency trading in U.S. markets in August 2025 is one of the many ways Webull is courting new customers and retaining existing users. Rounding things out is the company's valuation. When it debuted, its P/S ratio was off the charts, and it didn't have a forward price-to-earnings ratio since it wasn't profitable. Today, opportunistic investors can buy shares at 3.7 times projected sales in 2026 and 18 times forecast EPS in 2027. All the while, Webull's sales should grow by 20% (or more) per year.Read NextMar 23, 2026 •By Travis HoiumThe Real Reason Uber & Lyft Stocks Are UpFeb 12, 2026 •By Travis HoiumIs Lyft Stock a Buy After Earnings?Feb 11, 2026 •By Rich SmithWhy Lyft Stock Crashed After EarningsJan 18, 2026 •By Lawrence NgaIs Lyft a Buy Going Into 2026?Dec 6, 2025 •By Parkev Tatevosian, CFAShould Investors Buy Lyft Stock for 2026?Sep 29, 2025 •By Travis HoiumThese Undervalued Growth Stocks Could Surge 50% by 2026About the AuthorSean Williams is a data-driven Motley Fool contributing analyst who's been investing for 27 years and has penned north of 15,000 articles. You'll find him at the intersection of politics and investing tackling macroeconomic topics of interest (Social Security and Donald Trump's economic/tax policies), analyzing which stocks billionaire investors (e.g., Warren Buffett) are buying and selling, and digging into how the world's most-influential businesses and trends -- everything from the evolution of artificial intelligence (AI) to the next stock split -- are changing Wall Street. He holds a B.A. in Economics from the University of California, San Diego.TMFUltraLongX@AMCScamStocks MentionedLyftNASDAQ: LYFT$13.16(-1.39%)-$0.19Uber TechnologiesNYSE: UBER$72.34(-3.70%)-$2.78WebullNASDAQ: BULL$5.13(-3.39%)-$0.18*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.