Goldman’s Snider Says Analysts Turn Positive on Software Profits

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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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