JPMorgan Urges Buying Beaten-Down Software Stocks

JPMorgan analysts say beaten-down enterprise software stocks present a generational buying opportunity after steep selloffs this cycle. They note many firms trade at some of the lowest forward revenue multiples since 2022, with several names down 50% or more, yet retain strong net revenue retention and billings growth. The bank argues select platform and regulated-industry vendors can embed AI and sustain pricing power.