Last updated: 2026-03-02 23:26:37 ET
Pulse AI Brief
Updated Mar 2, 2026 10:00 PM ET
Intuit (INTU) has shed more than 40% of its market capitalization since the start of the year as AI-native competitors threaten its small business software moat; the company is betting that 40 years of proprietary small business data gives it a durable edge in the AI era.
Intuit's decline is emblematic of a sector-wide SaaS derating as investors question whether legacy software incumbents can defend pricing power against AI-driven alternatives; the trend is compressing multiples across the enterprise software space.
The "SaaSpocalypse" narrative is forcing established software companies to accelerate AI integration or face permanent margin compression — a structural shift that will reshape enterprise tech valuations through 2025.
Intuit has lost more than 40% of its market cap since the beginning of the year. It's not alone. Many established SaaS players have seen their stock p...
What's behind the SaaSpocalypse? It simply seems a new supreme has risen.
Salesforce reported a solid year-end earnings and then pulled out all the stops to ward off more talk of the death of its business to AI.
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