Who will save "software stocks"?
Show original
By:美股ipo
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
As shown in the figure, there is a very real disconnect between market concerns and the earnings reports of software and other AI-related stocks. Goldman Sachs trader Rich Privorotsky wrote: “From my experience as a trader, price-to-earnings ratios are the hardest metric to pin down. People focus on earnings... Over the long term, stock prices should follow earnings trends. But once price-to-earnings ratios become a topic of debate, it rarely stops. That’s the crux of the problem... The P/E ratios and terminal values in the software sector are coming under scrutiny. How can you refute the view that, within the next five years, AI won’t have a severe impact on some existing businesses?” However, it is difficult to overturn the negative narrative of “AI destroying SaaS,” which sets a rather high barrier of entry for investors who want to reinvest in these stocks. BNP Paribas believes: “Perceptions of AI seem to have changed completely, from a benevolent angel to a kiss of death.”
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Morgan Stanley Assesses AI Market Reaching Turning Point: Shifting From Computing Power Construction to Industry Diffusion, Barbell Strategy Becomes Main Allocation Theme
Morgan Stanley has released a thematic research report, presenting a key assessment: AI investment has moved beyond simply betting on upstream computing power enabler stocks, and has entered a new "barbell" dual-track deployment phase.
智通财经•2026/09/25 10:51
Musk invokes ‘K2’ as US AI buildout reaches 3.63% of GDP
Cryptopolitan•2026/09/25 09:54
ONDO and QNT Lead RWA Rally: What’s Driving Today’s Price Action?
Coinedition•2026/09/25 09:54

Crypto prices
MoreBitcoin
BTC
$85,205.35
+1.99%
Ethereum
ETH
$2,740.67
+3.46%
Tether USDt
USDT
$0.9998
+0.02%
BNB
BNB
$781.08
+1.47%
XRP
XRP
$1.57
+6.93%
USDC
USDC
$0.9998
-0.00%
Solana
SOL
$121.67
+7.34%
TRON
TRX
$0.3371
-0.76%
Zcash
ZEC
$1,612.98
+8.66%
Hyperliquid
HYPE
$94.2
+3.09%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
