By Zacks Equity Research
Publication Date: 2026-05-29 09:04:00
For immediate publication
Chicago, IL – May 29, 2026 – Today Zacks Equity Research discusses Oracle Corp. ORCL, Intuit INTU and Progress Software Corp. PRGS.
Industry: Software
Link: https://www.zacks.com/commentary/2928114/3-software-stocks-to-watch-as-the-industry-grapples-with-headwinds
Uncertainty over global macroeconomic conditions continues to be a concern for participants in the Zacks Computer Software industry as it could lead to a strain on IT budgets. The software industry remains highly competitive, particularly in the AI areas, which can lead to pricing pressure that can impact margins.
Despite these headwinds, evolving trends in the industry suggest future momentum. Industry participants are poised for solid growth as companies around the world accelerate their digital transformation initiatives. The ongoing migration to the cloud and widespread adoption of Software-as-a-Service (SaaS) models continue to provide recurring revenue visibility…
