Software stocks remained under pressure on Tuesday, with major names such as Salesforce (CRM), Adobe (ADBE), and Figma (FIG) down over 5% due to fears that autonomous AI agents are shifting from helpful features to direct replacements for traditional enterprise software.
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The immediate catalyst appears to be Anthropic’s latest update to its Claude AI assistant, which can now operate a computer autonomously, opening apps, filling spreadsheets, executing workflows, and completing tasks that typically require human interaction with enterprise software.
Investors worry that if AI agents can perform these functions directly, the per‑seat, per‑module pricing structures used by companies like Salesforce could face structural pressure. This concern triggered a broad sell-off across the SaaS sector.
Also, Amazon (AMZN) Web Services is reportedly building AI agents to automate high-value technical work in sales, cybersecurity, and server networking. Investors are likely worried this puts powerful AI capabilities directly in the hands of infrastructure providers, creating new competitive pressure for third‑party software vendors such as UiPath (PATH) and HubSpot (HUBS), each down about 9% today.
Which Software Stock Is a Better Buy?
We used TipRanks’ Comparison Tool to see which of the above-mentioned software company analysts favor. According to analysts, Figma stock has the highest upside potential of 84.04%.
