Comeback of the Dead: Software Stocks Defy the AI Fear!
Reading Time: 3 minutes
A terrifying word has haunted Wall Street: Saaspocalypse. The concern that artificial intelligence could make traditional subscription software obsolete weighed heavily on the industry’s stock prices for months. However, in August 2026, the tide turned – and investors are rediscovering the once-avoided stocks. The catalyst was a bold move from BofA Securities: Analyst Tal Liani raised the price targets for ten software stocks on Wednesday (August 19), including ServiceNow, Workday, Snowflake, Figma, and Adobe. Notably, the bank did not increase...
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