When do you forecast the SAASpocalypse to end?

=== SUMMARY === - The author asks when the prolonged downturn in SaaS stocks (the "SAASpocalypse") will end, noting many are down 50-75% but still growing revenues, earnings, and FCF at 15-20% annually. - No specific thesis or directional bet is offered; the post is a market-timing question about the rerating of software companies, with AI disruption as the key variable. - Quality assessment: This is noise / a discussion prompt, not a detailed DD. The author provides no original analysis or data. === SENTIMENT === NEUTRAL === TRADE IDEAS === No actionable trade ideas in this post. The author does not explicitly state or strongly imply any position, ticker, or trade. === COMMENTS SUMMARY === The top comment provides a table of FCF yields and buyback yields for major SaaS names, noting that only CRM, ADBE, and INTU have attractive FCF yields (10-13%) and are doing buybacks. Another comment suggests the SAASpocalypse started mid-2025 and may take ~2 years to resolve (similar to the Google-AI dip), hinting at a potential bottom in mid-2027. No counter-arguments are offered; the community focuses on valuation metrics and timing rather than specific trade ideas.