Stocks · Theme
AI enterprise software stocks · 78 research notes
78 AI enterprise software stocks moving on the same story, each with a dated research note: thesis, kill line and next catalyst.
Active themeStage: maturing, as of 15 November 2026.
All 78 have a dated research note with a published kill line: the note's own test, stated in advance, of what would prove it wrong: a price level, a business fact, or both.
All stocksAPPNAppianMedium Appian's third-quarter 2026 revenue rose 25% to $234.6 million and full-year guidance went up again, giving the shares a modest edge over the S&P 500; the fourth-quarter report, expected around 18 February 2027, shows whether cloud…MSFTMicrosoftMedium Microsoft's shares are modestly more likely to lead the S&P 500 over three months because Azure grew 48% in the September quarter and is guided to 49–50% for December. The fiscal second-quarter report, expected in late January 2027, shows…ZETAZeta Global HoldingsMedium Zeta Global's shares hold a modest edge over the S&P 500 after the company beat its third-quarter guide and raised 2026 revenue guidance to $1.853 billion–$1.857 billion on 9 November 2026; the fourth-quarter report, expected in February…EPAMEPAM SystemsMedium EPAM Systems is modestly more likely than not to beat the S&P 500 as its $1.8 billion buyback, including a $500 million UBS repurchase signed 9 November 2026, shrinks the share count; the February 2027 outlook shows whether organic growth…GDYNGrid Dynamics HoldingsMedium Grid Dynamics' AI work is lifting the IT-services firm back toward double-digit growth at margins near 20%, which favors the shares beating the S&P 500. The Q4 2026 report, expected around late February 2027, shows whether 2027 guidance…GTLBGitLabMedium GitLab's case is that Flex, its usage-based pricing for AI coding agents, lifts fiscal Q3 revenue above the $281–$283 million guidance. The fiscal Q3 report, expected about 1 December 2026, settles it.INTUIntuitMedium Intuit's shares hold a modest edge over the S&P 500 as AI agents, Credit Karma Tax and the Sequence deal target price-driven customer losses; the 19 November 2026 fiscal Q1 report settles it against the $4.294–$4.313 billion revenue guide.KVYOKlaviyoMedium Klaviyo's third-quarter revenue beat, raised 2026 guidance and new $300 million buyback make its shares modestly likely to beat the S&P 500. Fourth-quarter revenue against the $421–425 million guide and the first 2027 outlook settle it.MANHManhattan AssociatesMedium Manhattan Associates' cloud revenue grew 28% and its backlog 25% in the 27 October 2026 report, making the shares modestly more likely than not to beat the S&P 500. The fourth-quarter report and first 2027 guidance, expected around 27…PARPAR TechnologyMedium PAR Technology's restaurant software is growing faster than its share price assumed: recurring revenue rose 18.1% and 2026 guidance was raised on 5 November 2026. The late-February 2027 fourth-quarter report shows whether organic growth…PCORProcore TechnologiesMedium Procore Technologies' third-quarter beat and raised 2026 outlook give the shares a modest edge over the S&P 500 even after a 29.1% three-month rise; the fourth-quarter report, expected around February 2027, settles whether growth and the…SDGRSchrodingerMedium Schrödinger's software revenue returned to growth and its full-year contract-value guidance rose to $222–232 million, giving the shares a modest edge over the S&P 500. The fourth-quarter report, expected around late February 2027, settles…SHOPShopifyMedium Shopify's growth case holds after its third-quarter 2026 report, with revenue up 32% and low-thirties fourth-quarter guidance, though merchant sales growth slowed to 29%. The holiday sales tally around 1 December 2026 and the February 2027…VEEVVeeva SystemsMedium Veeva Systems is modestly more likely than not to beat the S&P 500, after it said its fiscal third quarter would meet or exceed guidance and ten analyst firms raised targets; the 3 December 2026 report shows whether revenue clears $932–935…VERXVertexMedium Vertex's 4 November 2026 third-quarter beat, with cloud revenue up 20.4% and net revenue retention up to 106%, gives the tax-software shares a modest edge over the S&P 500; the fourth-quarter report, expected around late February 2027,…VYXNCR VoyixMedium NCR Voyix's shares have a modest edge over the S&P 500 because large grocers and restaurant chains are signing onto its cloud platform and its margins are rising. The fourth-quarter report, expected in February 2027, shows whether 2026…ACNAccentureLow Accenture's shares are more likely to lag the S&P 500 over the next three months because their $249.95 close on 12 November 2026 already sits above the roughly $230 average analyst target. The fiscal first-quarter 2027 report, expected…ADBEAdobeLow Adobe's shares are more likely to lag the S&P 500 because analysts expect its recurring-revenue growth to slow sharply in fiscal 2027 and its MAX AI launches carry no disclosed revenue. The 9 December report and fiscal 2027 guidance show…AMPLAmplitudeLow Amplitude's shares are more likely to lag the S&P 500: its 4 November 2026 beat-and-raise left net retention flat at 103% and gross margin lower, and the shares fell the next day. The fourth-quarter report, expected in February 2027,…BABAAlibaba Group HoldingLow Alibaba's shares are more likely to lag the S&P 500 into the 19 November 2026 September-quarter report: cloud revenue grew 45% in the June quarter, but chip supply, Qwen pricing and funding costs are unresolved. The report shows whether…CLVTClarivateLow Clarivate's shares are more likely to lag the S&P 500 over the next three months: the $533 million debt tender that settled on 13 November 2026 is priced in, and 1.3% organic recurring growth is too slow to lift the stock before the 2027…CRMSalesforceLow Salesforce shares look more likely to lag the S&P 500, as seven acquisitions and S&P's 4 November 2026 credit cut cloud organic growth behind its AI-agent revenue. The 2 December 2026 third-quarter report shows whether cRPO growth beats…CXMSprinklrLow Sprinklr's shares look more likely to lag the S&P 500, because an AI-agent rally has outrun a business whose revenue grew 1% last quarter. The third-quarter report on 2 December 2026 shows whether subscription growth can support the price.GLOBGlobantLow Globant's shares are more likely to lag the S&P 500 because the price has run ahead of flat revenue guidance and Guggenheim downgraded them on 11 November 2026 over weak bookings; the 19 November 2026 third-quarter report shows whether…HUBSHubSpotLow HubSpot shares are more likely to lag the S&P 500: co-founder Brian Halligan's return as CEO on 12 November 2026 left the roughly 12% fourth-quarter growth guide unchanged. The February 2027 report and 2027 outlook settle it.IBMInternational Business MachinesLow International Business Machines (IBM) shares look more likely to lag the S&P 500 over three months because faster software growth leans on the Confluent deal while the 4%–5% 2026 revenue outlook stayed put. The full-year report expected…KDKyndryl HoldingsLow Kyndryl's shares are more likely to lag the S&P 500 because profit and signings improved but free cash flow did not; the fiscal third-quarter report, around early February 2027, shows whether the $400–500 million cash target holds.NOWServiceNowLow ServiceNow's shares are more likely to lag the S&P 500 into the January 2027 report as slowing backlog growth and AI-competition fears outweigh a third-quarter beat. Fourth-quarter cRPO growth against the 18.5% guide decides the case.PDPagerDutyLow PagerDuty's shares are more likely to lag the S&P 500 over three months because a 32.1% three-month rally has run ahead of revenue growth of 0.8%. Fiscal third-quarter results, expected around 24 November 2026, test whether revenue and 98%…PLTRPalantir TechnologiesLow Palantir Technologies looks more likely to lag the S&P 500 over three months because contract signings grew only 6% in the third quarter while revenue grew 96%; the fourth-quarter report, expected around 1 February 2027, shows whether…RNGRingCentralLow RingCentral's shares look more likely to lag the S&P 500 than lead it because software-sector selling has outweighed a third-quarter beat. The fourth-quarter report expected around 19 February 2027 settles whether revenue growth moves past…SNOWSnowflakeLow Snowflake's shares look more likely to lag the S&P 500, trading on AI sentiment at 19 times sales despite 37% product revenue growth; the 2 December 2026 Q3 report tests the $1,588 million guidance floor.SOUNSoundHound AILow SoundHound AI's shares are more likely to lag the S&P 500 over three months: gross margin fell and cash burn continues while breakeven is set for late 2027; the fourth-quarter report, expected around late February 2027, first tests the…YEXTLow Yext's margin recovery needs its AI products to restart recurring-revenue growth; the Q3 fiscal 2027 report, expected in early December 2026, must show total annual recurring revenue above the $440.8 million reported on 1 September 2026.ZMZoom CommunicationsLow Zoom Communications shares are more likely to lag the S&P 500 than lead: enterprise growth is improving but total revenue grows near 5%, and the 23 November 2026 third-quarter report must deliver a bigger raise than the market expects.DTDynatraceMedium Dynatrace is modestly more likely than not to beat the S&P 500 over three months: it raised fiscal 2027 revenue and recurring-revenue guidance and added a $1 billion buyback, yet the shares fell about a third. The 16 February 2027 investor…EXLSExlService HoldingsMedium ExlService Holdings' data-and-AI revenue lifted its 2026 organic growth guide to 15%, and the shares are modestly more likely than not to beat the S&P 500 over three months; fourth-quarter results, expected around late February 2027,…FROGJFrogMedium JFrog's third-quarter beat and second full-year raise, with cloud revenue up 60%, support the shares leading the S&P 500. The fourth-quarter report, due around February 2027, tests whether revenue meets the $183M-$185M guide.GGenpactMedium Genpact's technology unit is growing fast enough to lift the company, so the shares are more likely than not to beat the S&P 500 over three months; the February 2027 fourth-quarter report shows whether ATS growth holds above 25%.NETCloudflareMedium Cloudflare's 39% third-quarter revenue growth and raised 2026 revenue guide make its shares modestly more likely than not to beat the S&P 500, but gross margin fell to 72.4%; the fourth-quarter report, expected in early February 2027,…PAYCPaycom SoftwareMedium Paycom Software beat Q3 estimates and raised 2026 adjusted EBITDA guidance to $1.069–1.079 billion, yet the shares closed at $237.96 on 10 November 2026 pricing a slower Q4; the early-2027 report settles whether recurring growth holds near…PCTYPaylocity HoldingMedium Paylocity's first-quarter beat and raised fiscal 2027 outlook leave the shares modestly more likely than not to beat the S&P 500 over three months; the second-quarter report, expected around February 2027, settles whether recurring revenue…SAILSailPointMedium SailPoint's identity-security software is pitched by analysts as the control layer for AI agents, but reported revenue has not confirmed it; shares closed at $19.96 on 10 November 2026 and the fiscal Q3 report, expected around 9 December…SAPMedium SAP SE is modestly more likely than not to beat the S&P 500 over three months: cloud backlog beat forecasts, 2026 cloud guidance moved up and JPMorgan upgraded it on 9 November 2026. The late-January 2027 report settles it.TLSTelosMedium Telos Corporation's third-quarter beat and raised 2026 outlook, led by Telos ID and TSA PreCheck volumes, make the shares modestly more likely than not to beat the S&P 500. The first 2027 outlook, expected in early 2027, shows whether…WDAYWorkdayMedium Workday's shares are modestly more likely to beat the S&P 500 over three months: a slowing but intact subscription business plus an unconfirmed Silver Lake takeover premium. Results on 24 November 2026 show whether cRPO growth lands inside…ADSKAutodeskLow Autodesk's shares are more likely to lag the S&P 500 over three months: the rebound on Schneider Electric's PTC takeover has no new company result behind it, and the 24 November 2026 fiscal third-quarter report settles whether contracted…AEYEAudioEyeLow AudioEye's shares are more likely to lag the S&P 500: the company is profitable, but sales grew 7%, the executive chairman kept selling, and the stock is up 137% in three months; the Q4 report decides it.ASANAsanaLow Asana's shares are more likely to lag the S&P 500 because guided growth slows to 8–9% and net revenue retention is 97%. The 1 December 2026 fiscal third-quarter report settles whether AI products reverse that.BANDBandwidthLow Bandwidth's shares, at $46.29 on 12 November 2026 after a rebound from $37.80, look more likely to lag the S&P 500 over three months; fourth-quarter results, expected in February 2027 against a $242–247 million revenue guide, settle it.BLKBBlackbaudLow Blackbaud's shares are more likely to lag the S&P 500 over three months: the 28 October 2026 report held the upper-half 2026 guide, but a renewal cohort 40% larger will slow contract growth into 2027. The fourth-quarter report, estimated…BOXLow Box's AI-driven growth is improving, but at $43.55 the shares already sit above the $39.80 average analyst target and look more likely to lag the S&P 500. Box's 1 December 2026 third-quarter report settles whether revenue, bookings and…CTSHCognizant Technology SolutionsLow Cognizant's new-order bookings fell 7% in the third quarter and fourth-quarter revenue guidance missed estimates, so the shares are more likely to lag the S&P 500 over three months; the early-February 2027 report settles it.DDOGDatadogLow Datadog beat third-quarter revenue guidance and raised its full-year forecast, but a flat fourth-quarter outlook with its largest customer at minimum commitment cut the shares to $178.40; the next quarterly report settles it.DOCSDoximityLow Doximity's shares are more likely to lag the S&P 500 because AI spending has cut profit while revenue growth sits at 4%; the fiscal third-quarter report, expected in early February 2027, shows whether growth reaches the guided 6%.DOCUDocuSignLow DocuSign shares are more likely to lag the S&P 500: at $80.15 they sit above September analyst targets while revenue grows about 9%. The early-December fiscal third-quarter report must show Intelligent Agreement Management tracking toward…EFOREverforthLow Everforth's shares look more likely to lag the S&P 500: Q3 2026 revenue beat guidance, but consulting orders slowed and Q4 guidance centers below consensus. The Q4 report, expected around 3 February 2027, shows whether federal awards…ESTCElasticLow Elastic's shares are more likely to lag the S&P 500 despite 21% contract growth, after a director's October share sales and a slide below the 50-day average; the 19 November 2026 second-quarter report settles whether revenue confirms the…FIGFigmaLow Figma's revenue beat and raised guidance, but gross margin and net dollar retention both fell as AI credits got cheaper, so the shares are more likely to lag the S&P 500 over three months. The fourth-quarter report, expected around…FIVNFive9Low Five9's AI revenue is growing about 91%, but a profit guidance cut and a $325 million cash purchase of Level AI make the shares more likely to lag the S&P 500 over three months; the fourth-quarter report, around February 2027, shows…GTMZoomInfo TechnologiesLow ZoomInfo's AI-agent repositioning has not reached its numbers: third-quarter 2026 revenue fell 2.9% to $308.8 million and net revenue retention slipped to 88%, so the shares are more likely to lag the S&P 500. A disclosed agent revenue…GWREGuidewire SoftwareLow Guidewire Software's $1.7 billion hyperexponential deal gives its AI story a growth figure, but the shares are more likely to lag the S&P 500 over three months; the early-December report shows whether organic ARR holds $1,450–1,460 million.INODInnodataLow Innodata is more likely to lag the S&P 500 over three months: third-quarter revenue rose 53% to $95.6 million, but a large customer program ended in mid-October and margins fell; the fourth-quarter report, expected around 26 February 2027,…INTAIntappLow Intapp's shares look more likely to lag the S&P 500: Celeste AI drew over 40% of fiscal Q1 2027 net new bookings, yet cloud ARR growth slowed to 28% and contracted revenue fell to $799.4 million. The early-February 2027 report shows…ITGartnerLow Gartner's contract value is growing too slowly (2.5% at 30 September 2026) to lift the shares, which are more likely to lag the S&P 500; the fourth-quarter report, expected in early February 2027, shows whether growth reaches 3%.MDBMongoDBLow MongoDB's shares are more likely to lag the S&P 500 over three months: its cloud database grew 30% last quarter, but it has had no permanent CEO since 28 September 2026. The 1 December 2026 third-quarter report is the next test.NAVNNavanLow Navan's shares are more likely to lag the S&P 500 than lead it over three months: they closed at $26.20 on 12 November 2026, 15.2% below the August high, with no new results since September. The fiscal third-quarter report, expected around…OTEXOpen TextLow Open Text Corporation is more likely to lag the S&P 500 over three months: first-quarter revenue fell 4.0% and second-quarter guidance sits below the analyst estimate. The 10 February 2027 Investor Day framework settles whether revenue…PATHUiPathLow UiPath's shift from robotic-process automation to AI agent orchestration has not yet lifted company-wide growth, so the shares are more likely to lag the S&P 500 over three months; the fiscal third-quarter report on 3 December 2026 settles…SMWBSimilarwebLow Similarweb's pivot to licensing its web-traffic data for AI has disclosed contract value but not yet clear recurring revenue, and the shares are more likely to lag the S&P 500. The Q3 report on 17 November 2026, the first under new CEO…SNPSSynopsysLow Synopsys' AI chip-design growth plan and fiscal 2027 revenue guide of $11.1–11.2 billion still stand, and the shares have recovered to $466.97. The fourth-quarter report on 8 December 2026 decides whether the guide holds.SPSCSPS CommerceLow SPS Commerce's shares are more likely to trail the S&P 500 over the next three months: 2026 revenue guidance fell twice and the reported GTCR takeover talks remain unconfirmed. A signed deal or the 2027 outlook settles it.SPTSprout SocialLow Sprout Social's profit recovery is outrunning its revenue, so the shares are more likely to lag the S&P 500: the 3 November 2026 report raised fiscal 2026 earnings guidance but guided fourth-quarter revenue below consensus. The…TEAMAtlassianLow Atlassian's shares look more likely to lag the S&P 500 after its 5 November 2026 outlook called for cloud growth to slow to about 27% and seven brokers cut targets; the fiscal second-quarter report, estimated for about 4 February 2027,…TTANServiceTitanLow ServiceTitan grows revenue above 20% with widening margins, but slowing transaction volume and a lower third-quarter guide leave the shares more likely to lag the S&P 500; the 3 December 2026 report settles it.TWLOTwilioLow Twilio's fourth-quarter guide of 11–12% organic growth, down from 16% in Q3, has reset the shares, which are more likely to lag the S&P 500 until the Q4 report, estimated for 11 February 2027, shows whether that guide is conservative.WITWiproLow Wipro's ADR is more likely to lag the S&P 500 over three months: revenue is flat, December-quarter guidance spans –1.5% to +0.5%, and large-deal bookings fell 58.6%. The mid-January 2027 report shows whether two delayed large deals revive…WIXWix.comLow Wix.com's shares are more likely to lag the S&P 500 because its 10 November 2026 report cut the cash flow margin guide to about 16% and showed bookings slowing to 11%, even as Base44 reached a 58% gross margin. The fourth-quarter report…