Hello, Thanks for signing up for MarketBeat Daily Ratings—we’re excited to have you on board. Every weekday, you’ll get a curated summary of new “Buy” and “Sell” ratings from Wall Street’s top-rated analysts, the latest stock news, and bonus investing content—all delivered straight to your inbox. You’re just two quick steps away from completing your sign-up: 1. Make sure our emails go to your inbox Gmail users:
Mobile: Tap the three dots (…) in the top right and select Move to Inbox or Move to Primary
Desktop: Click the folder icon at the top and select Move to Inbox or Primary Apple Mail users:
Tap our email address at the top (next to From: on mobile), then select Add to VIP Other providers:
Reply to this message and add newsletters@analystratings.net to your contacts 2. Confirm your subscription Click this link to confirm your subscription. This verifies your account and ensures you receive your newsletters without interruption instead of getting stuck in your spam filter. Confirm your subscription here. After you confirm, feel free to download our popular free report, "7 Stocks to Buy and Hold Forever" with this link. Thanks again for subscribing—we look forward to being part of your investing journey. 
Matthew Paulson
Founder and CEO, MarketBeat. P.S. If you didn’t mean to subscribe, no problem—you can unsubscribe here.
This Week's Featured Content These 3 Beaten-Down Stocks Just Announced Massive Share BuybacksWritten by Leo Miller. Posted: 3/24/2026. 
Key Points - Salesforce is acting quickly to buy back its stock, announcing a huge accelerated repurchase program.
- DocuSign's buyback capacity now exceeds 25% of its market capitalization with shares down nearly 50% from recent highs.
- As the memory shortage delivers blows to Qualcomm, the company just pushed its buyback authorization above $20 billion.
- Special Report: The Biggest IPO Ever: Claim Your Stake Today
Stock buybacks are generally bullish for shareholders. In addition to signaling that management may view its stock as undervalued, repurchase programs reduce the number of shares outstanding and, by extension, can increase earnings per share. Recently, Salesforce (NYSE: CRM), DocuSign (NASDAQ: DOCU), and Qualcomm (NASDAQ: QCOM)—three well-known tech names that have each experienced steep drawdowns this year—announced large buyback programs that should attract investors' attention. A $2 gold stock is said to quietly control what may be the largest gold deposit in the world - worth nearly $1 trillion. According to Jim Rickards, an announcement is expected around April 15 that could bring this historic discovery into public view. See the full details on this $2 gold stock before April 15 Each stock has fallen at least 30% from its 52-week high, and management teams are signaling confidence by committing sizable capital to repurchases at prices they likely view as depressed and poised to recover. Salesforce Announces Record $25 Billion Accelerated Repurchase Salesforce has become a poster child for the so-called "SaaSpocalypse," with CRM shares down about 35% from their 52-week high. The term reflects concerns that AI tools could reshape software economics and pressure legacy SaaS businesses. Some investors worry AI will make coding easier, enabling customers or AI-native competitors to replicate Salesforce's functionality at lower cost, which could compress pricing and growth for incumbents. Salesforce views AI differently: as an enabler rather than a threat. Its AI add-on AgentForce recently reached $800 million in annual recurring revenue, a 169% year-over-year increase. Management has backed that confidence with its largest-ever $25 billion accelerated share repurchase (ASR), roughly 14% of the firm's ~ $180 billion market capitalization. ASRs are a fast, decisive way to reduce share count and are widely viewed as a strong signal of conviction that the stock is undervalued. Wall Street appears to agree: analysts see nearly 44% potential upside over the next 12 months and assign the stock a consensus Moderate Buy rating, with 27 of 39 analysts giving it a Buy. DocuSign Lifts Repurchase Authorization to $2.6 Billion DocuSign has faced many of the same AI-related questions that have weighed on other software names. The stock is down nearly 50% from its 52-week high, including a loss of about 30% in 2026. DOCU now trades at a forward price-to-earnings (P/E) ratio near 11x, only slightly above its all-time low. Like many software companies, potential AI disruption has not yet materially appeared in DocuSign's financials. The company reported 8% sales growth in 2025, consistent with prior years, and expects similar growth and relatively stable margins this year. The market, however, is forward-looking and is weighing whether results or guidance could deteriorate in the future. Still, DocuSign is signaling confidence through buybacks. Alongside its latest earnings release—which marked its 13th consecutive quarterly earnings beat since Q3 2023—the company increased its buyback authorization by $2 billion, bringing total authorization to $2.6 billion, roughly 28% of its ~ $9.5 billion market capitalization. The firm spent about $269 million on buybacks in the latest quarter, a 66% year-over-year increase. The new authorization suggests that repurchases could accelerate further. Analysts are similarly upbeat, forecasting more than 41% potential upside over the next 12 months. Qualcomm Boosts Buybacks as Memory Woes Weigh on Shares Shares of semiconductor giant Qualcomm are trading about 35% below their 52-week high. Qualcomm has limited exposure to the AI data-center megatrend, which has contributed to its underperformance relative to many large-cap chip peers. Ironically, Qualcomm's largest end market is being affected by the AI-driven shift in memory demand. Handsets accounted for about 64% of the company's revenue in the latest quarter. Qualcomm expects handset sales of roughly $6 billion in the next quarter, down about 13% year over year, as smartphone makers trim orders due to a shortage of memory chips. Customers are struggling to secure enough dynamic random-access memory (DRAM) to build complete phones. Memory manufacturers are reallocating DRAM capacity toward high-bandwidth memory (HBM) for AI systems, where demand and margins are higher. That shift has left Qualcomm less favored in the current cycle. Despite near-term headwinds, Qualcomm remains confident in its long-term prospects, citing momentum in automotive chips and opportunities in robotics. The company announced a $20 billion buyback authorization, bringing total repurchase capacity to $22.1 billion, roughly 17% of its ~ $137 billion market capitalization. The buyback comes as analysts forecast more than 29% potential upside over the next 12 months. When Shares Slide, Buybacks Speak Across Salesforce, DocuSign, and Qualcomm, the common thread is scale: each firm is committing meaningful capital to share repurchases after sizable declines. Buybacks don't eliminate the risks that caused the selloffs, but they put tangible dollars behind management's view that valuations are more attractive today. Salesforce's accelerated share repurchase is the clearest expression of urgency and conviction. The bigger test will be execution: whether these buybacks and upcoming results convince the market that the AI-related concerns weighing on legacy software are overstated. |
Post a Comment
Post a Comment