By Jabin Bastian
Publication Date: 2026-06-04 10:29:00
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the automation software stocks, including Microsoft (NASDAQ:MSFT) and its peers.
The whole purpose of software is to automate tasks to increase productivity. Today, innovative new software techniques, often involving AI and machine learning, are finally allowing automation that has graduated from simple one- or two-step workflows to more complex processes integral to enterprises. The result is surging demand for modern automation software.
The 6 automation software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 1.5% while next quarter’s revenue guidance was in line.
In light of this news, share prices of the companies have held steady as they are up 4.3% on average since the latest earnings results.
Microsoft (NASDAQ:MSFT)
Originally named “Micro-soft” for microcomputer software when founded in 1975, Microsoft (NASDAQ:MSFT) is a…