After a sharp pullback across the tech sector, a seasoned analyst from a major financial institution has highlighted three software companies that could offer upside. He points to HubSpot, MongoDB, and Intuit as standout picks, explaining why each remains attractive despite recent price declines.
HubSpot, a leader in small‑to‑mid‑size business sales, marketing, and customer service software, has slid roughly 70% over the past year. The analyst notes that concerns about seat‑based pricing and the potential for SMBs to develop in‑house solutions have weighed on the stock. Yet he sees a buying opportunity because HubSpot’s unified platform—combining sales, marketing, service, commerce, and operations on a single data layer—makes AI applications especially powerful. The company’s early exploration of agent marketplaces, ahead of its peers, further boosts its long‑term prospects.
MongoDB has fallen about 20% this year, but the analyst believes the database’s flexibility will make it the go‑to platform for new AI applications that rely on unstructured data. Existing customers such as Cursor, Relevance AI, and the newly signed Anthropic underline the company’s appeal to leading AI firms. The tailwind from AI demand has not yet fully reflected in the stock’s valuation.
Intuit, which provides TurboTax and QuickBooks, is down around 30% year‑to‑date. The analyst argues that the company’s AI‑enabled tools could disrupt traditional tax preparation and accounting services. By embedding chat‑based agents into TurboTax and QuickBooks, Intuit could help users complete filings faster and more accurately, potentially eroding the market share of competitors like H&R Block and local CPA firms.
Overall, the analyst suggests that software stocks are currently overreacting to the latest AI hype. He urges investors to focus on companies that have already integrated AI into their core offerings and can leverage it to create new revenue streams and competitive advantages.
