Software stocks Intuit and Salesforce have experienced significant declines in early 2026, with Intuit (INTU) down 35% and Salesforce (CRM) down 27%, amid fears that artificial intelligence (AI) could disrupt the software industry. Both companies are currently trading approximately 45% below their all-time highs, driven by broader selloffs in the market.
Despite the downturn, both firms have shown resilience with strong earnings growth. Intuit’s revenue is projected to increase by 12.5% in 2026, reaching an estimated $23.80 billion, while Salesforce is on track for 11% revenue growth, aiming for $50.32 billion this year. Salesforce’s Agentforce AI tool has also seen impressive growth, achieving $800 million in annual recurring revenue, a 169% year-over-year increase.
The current market conditions position both Intuit and Salesforce as potential value stocks with nearly 90% upside if they return to their former peaks. Investors are now keeping an eye on these software giants as they adapt to and integrate AI advancements into their operations.
