Software is rapidly reducing operating expenses for businesses. In the past, the undeniable tailwinds fueling SaaS companies led to lofty valuation multiples that made it easier to raise capital.
But this was a double-edged sword as the high prices exposed them to big drawdowns, and unfortunately, the industry has tumbled by 6.9% over the last six months. This drop was disappointing since the S&P 500 held steady.
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how vertical software stocks fared in Q1, starting with Olo (NYSE:OLO).
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the vertical software industry, including Upstart (NASDAQ:UPST) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Doximity (NYSE:DOCS) and the best and worst performers in the vertical software industry.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Shares of healthcare software provider Veeva Systems (NASDAQ:VEEV)
jumped 17.6% in the afternoon session after the company reported a "beat and raise" quarter (fiscal Q1 2026), with revenue and EPS exceeding estimates. Also, it provided optimistic EPS guidance for the next quarter, which blew past analysts' expectations. In addition, its full-year EPS guidance trumped Wall Street's estimates. Zooming out, we think this was a good print with some key areas of upside.
Wall Street hovered slightly higher by midday Thursday, giving up a chunk of strong overnight gains in futures markets that were triggered by a federal court ruling suspending a large portion of President Donald Trump’s tari
The company reported a 19% increase in subscription services revenue to $634.8 million and confirmed it had surpassed its 2025 revenue run rate goal of $3 billion.
