Oversold Software Stocks: DOCU, INTU, TEAM Present Strong Buy Opportunities

The software sector hit record oversold levels, with about 73% of stocks screening as oversold on relative strength indicators, per Jefferies. Amid the selloff, three names stand out: DocuSign (DOCU), Intuit (INTU), and Atlassian (TEAM), each showing oversold RSI while maintaining top analyst sentiment. DocuSign's Intelligent Agreement Management crossed 25,000 customers in Q4 2025, leveraging a 150M consented agreement corpus for higher recall precision in AI-driven processes. Dollar net retention rose to 102%, with an average price target of $85.12 vs. $46. Intuit is shifting to AI-driven "done-for-you" tax and credit solutions, with 20 of 31 analyst recommendations as "Strong Buy." The average INTU price target is $800 vs. $435. Atlassian surpassed $6B annual run rate and hit $1B cloud revenue in Q2 2026, with RPO growth to $3.8B and 44% YoY. Cloud net revenue retention reached 120% for three consecutive quarters, and the average TEAM price target is $217.40 vs. $98. All figures as of February 7, 2026.