Goldman Sachs Group Inc. strategists, led by Ben Snider, report that analysts are increasing earnings estimates for software stocks, despite concerns about AI disruption. Over the past three months, two-year forward earnings estimates for software stocks have grown by 5%. Industries thought to be most vulnerable to AI have notably received positive revisions for their 2026 earnings-per-share projections and showed double-digit growth in fourth-quarter earnings.
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Goldman’s Snider Says Analysts Turn Positive on Software Profits
Goldman Sachs Group Inc. strategists, led by Ben Snider, report that analysts are increasing earnings estimates for software stocks, despite concerns about AI disruption. Over the past three months, two-year forward earnings estimates for software stocks have grown by 5%. Industries thought to be most vulnerable to AI have notably received positive revisions for their 2026 earnings-per-share projections and showed double-digit growth in fourth-quarter earnings.