Friend,
History rhymes.
March 1968: Central banks ran out of gold.
London shut down for two weeks. Gold went from $35 to $850.
That's 2,329%.
March 1980: COMEX couldn't deliver silver.
They changed the rules. The Hunts got wiped out.
But Silverado Mines ran 3,989%.
March 2020: Swiss refineries closed. Delivery stopped.
The CME made up a new contract on the fly. Karora Resources ran 847%.
See the pattern?
It's always March. The crunch. The rule changes. The chaos.
Every time, paper holders got crushed. Mining stock holders got rich.
The next big delivery month is April 2026. First Notice Day is March 31st.
I've found the one stock set to capture the bulk of this wealth transfer.
>> See My #1 Pick for the Coming Crisis <<
The Buck Stops Here,
Dylan Jovine
Tesla's P/E Is Near a 5-Year High—Buy Signal or Panic Signal?
By Sam Quirke. Article Published: 2/24/2026.
Key Points
- Tesla’s P/E ratio is close to its highest level since 2021, even as shares are down nearly 20% from December’s peak.
- The multiple expansion has been driven more by last year’s rally than by any real earnings strength, heaping the pressure on Tesla to execute flawlessly.
- Analysts remain sharply divided on whether this is an opportunity or a warning sign, with price targets ranging from $215 to $550.
- Special Report: [Sponsorship-Ad-6-Format3]
Despite rallying as much as 130% last year, Tesla Inc (NASDAQ: TSLA) has had a weak start to 2026. With shares near $400, the stock is down nearly 20% from December's all-time high. That may look like a buying opportunity, yet the price-to-earnings (P/E) ratio remains frothy at about 371 — it was above 400 before the recent pullback.
Two years ago that multiple was in the mid-40s — a jump that has raised more than a few eyebrows, especially since Tesla's earnings have been hit-or-miss in recent quarters. That makes the current setup unusually sensitive. The question now is whether investors should view this stretched multiple as a bullish signal or a major warning sign.
Why It Could Be a Buy Signal
Have $500? Invest in Elon's AI Masterplan (Ad)
What if you could claim a stake in what's set to be the biggest IPO ever… starting with just $500?
Everyone is talking about Elon Musk's SpaceX IPO.
High P/E ratios alone don't necessarily mean overvaluation. In Tesla's case, the multiple expansion may reflect a major shift in the company's narrative rather than the share price simply getting well ahead of earnings.
As MarketBeat recently highlighted, the market is no longer valuing Tesla purely as a carmaker.
Instead, investors increasingly price Tesla as an AI and robotics platform. The "Amazing Abundance" mission, announced by CEO Elon Musk earlier this year, centers on autonomy and the Optimus humanoid robot, and it has reshaped expectations.
The thesis is simple: if Tesla can transition from an electric-vehicle leader to a scalable robotics manufacturer producing millions of units annually, its addressable market would expand dramatically.
Under that scenario, recent earnings matter less; the market is pricing Tesla for future growth rather than trailing car sales. Viewed this way, a high P/E ratio can reflect long-term optionality instead of near-term excess.
Why It Could Be a Panic Signal
The flip side is equally compelling. A P/E ratio near 400 leaves virtually no room for error — Tesla's execution must be nearly flawless. That's concerning because its recent track record hasn't been great. Much of last year's surge occurred even as earnings missed expectations — in other words, price ran well ahead of execution.
Now layer on the narrative shift. Investors must not only believe Tesla will remain a long-term EV leader, but also that it can execute a flawless pivot into autonomy and large-scale robotics production. Analyst conviction on that outcome is deeply divided, and the wide gap between bullish and bearish price targets underscores how split the market remains.
For example, Phillip Securities recently rated Tesla a Sell with a price target around $215, while Tigress Financial rated it a Buy with a target near $550. Barclays sits in the middle with a Neutral stance. For a mega-cap stock, that spread is extraordinary, if perhaps understandable given the uncertainty.
In practical terms, that means plenty of skeptics are watching from the sidelines. Any slip in deliveries, delays on autonomy timelines, or slower progress on robotics could turn that triple-digit multiple into a major liability.
What the Chart Says
Technically, the stock is in a delicate position. Shares are down nearly 20% from December's high but remain above key support around $385 from last quarter. The pullback has eased some pressure on valuation, but it also tests the longer-term uptrend that carried the stock higher last year.
If Tesla can stabilize near current levels and begin forming higher lows, it would signal buyers are willing to back the Amazing Abundance thesis. Conversely, a decisive break below $400 could accelerate P/E compression — sentiment can swing quickly against stocks with frothy valuations.
Weighing up the Opportunity
For bulls, the case is straightforward: if you believe in Tesla's AI and robotics pivot, the current pullback offers a lower-cost entry relative to recent highs, with a high multiple reflecting long-term potential rather than short-term excess.
For skeptics, the same multiple is a warning that forward optimism is already priced in and that even small disappointments could rapidly unwind gains.
Ultimately, this split setup is familiar for Tesla: a bold long-term vision set against near-term execution risk. That tension has long defined the stock — and it will likely continue to do so as investors weigh the promise of Amazing Abundance against the reality of delivering it.
3 Major Buybacks Just Dropped—Here's the Signal Investors See
Submitted by Leo Miller. Publication Date: 2/23/2026.
Key Points
- Walmart, Lyft, and Equitable each announced sizable repurchase authorizations, signaling continued focus on per-share value creation.
- Lyft’s buyback capacity is the most aggressive relative to market cap, while Walmart’s is the largest in absolute dollars.
- Equitable pairs buybacks with a dividend and a rebound narrative, with analysts still forecasting meaningful upside.
- Special Report: [Sponsorship-Ad-6-Format3]
Several major companies just expanded their share-repurchase authorizations, giving them fresh capacity to retire shares in 2026. In a market where buybacks matter increasingly for per-share results, that kind of firepower can provide a meaningful tailwind—especially when growth is uneven and investors are closely watching capital allocation.
The headlines span three very different corners of the market: a consumer-staples heavyweight, a beaten-down ride-hailing name, and a financial-services firm overseeing more than $1 trillion in assets. The scale also varies widely, from sizable to outsized, with one new authorization totaling nearly 18% of the company's market value.
Walmart Announces Biggest Buyback Ever as Shares Climb
Have $500? Invest in Elon's AI Masterplan (Ad)
What if you could claim a stake in what's set to be the biggest IPO ever… starting with just $500?
Everyone is talking about Elon Musk's SpaceX IPO.
First up is retail behemoth Walmart (NASDAQ: WMT). Walmart delivered an impressive performance in 2025, with a total return of roughly 24%. After a pullback following its latest earnings release, the stock is still up about 10% in 2026 as investors have rotated into consumer-staples names.
Despite the recent dip, Walmart continues to show robust financial momentum, particularly from its e-commerce push. E-commerce sales rose by 24% year-over-year (YOY) last quarter and reached a record 23% of revenue. Advertising revenue grew 37% and membership income rose 15%—all key drivers of margin improvement.
To cap a strong year, Walmart authorized a $30 billion share buyback program, its largest to date. The program equals approximately 3.1% of Walmart's roughly $980 billion market capitalization, giving the company significant capacity to reduce shares outstanding and support earnings-per-share growth. Notably, shares outstanding fell by about 0.8% in 2025.
Walmart also announced a 5% increase to its quarterly dividend, underscoring a two-pronged approach to returning capital to shareholders. The stock's indicated dividend yield now sits near 0.8%.
LYFT Holds +15% Buyback Capacity as Shares Get Hit in 2026
Ride-hailing company LYFT (NASDAQ: LYFT) posted a strong 50% return in 2025, but the stock is down more than 25% in 2026 after its latest earnings pushed shares down over 20% in two days. Revenue of $1.59 billion (up 3% YOY) missed expectations of $1.76 billion.
Still, adjusted EBITDA grew 37% to $154 million and comfortably beat estimates. The company's Q1 2026 adjusted EBITDA guidance of $120 million to $140 million, however, was viewed as soft.
LYFT also announced a $1 billion share repurchase plan. With a market capitalization of roughly $5.6 billion, that program equals about 17.8% of the company's value. LYFT sharply accelerated buybacks in 2025, spending around $500 million on repurchases.
That was roughly ten times its 2024 pace and helped shrink shares outstanding for the first time over a full year—the count fell by about 3.7% in 2025—supporting per-share metrics. The size of the new authorization suggests that share-count reduction could continue.
EQH Expects to Rebound in 2026, Announces $1B Buyback
Last up is financial-services company Equitable (NYSE: EQH). Equitable returned just 3% in 2025 and is down over 5% in 2026. The company offers insurance, annuities and retirement-planning services, and manages $1.1 trillion in assets under management and administration—a figure that rose by 10% in 2025.
The stock has lagged recently, with Equitable missing adjusted-EPS estimates for five consecutive quarters and sales expectations on three of those occasions. After adjusted EPS rose just 1% in 2025, the company expects a stronger 2026 and projects EPS growth above its long-term target of 12%–15%.
Affirming that outlook, Equitable announced a $1 billion share buyback—roughly 8% of its $12.5 billion market capitalization.
In 2025, the firm took advantage of relative share-price weakness and spent about $1.45 billion on buybacks, cutting shares outstanding by roughly 9% year-over-year. The latest authorization supports continued large capital returns. The stock also carries an indicated dividend yield near 2.4%.
Analysts See Upside, Especially for EQH
Overall, WMT, LYFT and EQH appear positioned to continue reducing their share counts in 2026. Tied to its rebound narrative, Equitable shows the most upside potential among these names, according to Wall Street analysts: the MarketBeat consensus price target of just over $62 implies roughly 41% upside. The consensus price target for LYFT points to similar upside, though targets fell noticeably after its latest report.
This message is a sponsored email from Behind the Markets, a third-party advertiser of InsiderTrades.com and MarketBeat.
If you need assistance with your account, don't hesitate to email our U.S. based support team at contact@marketbeat.com.
If you no longer wish to receive email from InsiderTrades.com, you can unsubscribe.
© 2006-2026 MarketBeat Media, LLC. All rights reserved.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. U.S.A..
No comments:
Post a Comment