3 AI Stocks Investors Are Watching In Enterprise Software

China’s trade surplus is widening, helped by AI related exports even as tariff frictions linger. That highlights how powerful the ChatGPT and AI wave has become for companies supplying chips, software, cloud and large language models. Investors who ignore this theme risk missing some of the most discussed growth stories of this cycle. This article walks through 3 AI stocks from the screener that many investors are watching closely.

The 3 stocks below are just a sample, and the full screen surfaced 203 more companies directly tied to the AI and ChatGPT theme with equally compelling stories that are not covered here. If you want to identify and analyze your own high conviction ideas in this space, head straight into the Artificial Intelligence/ AI Stocks screener.

Appian (APPN)

Appian is a US software company that helps large organisations design and run complex workflows using its Appian Platform, which combines low code tools, AI, data fabric and process automation for sectors such as government, financial services, insurance and healthcare. The company sells cloud subscriptions, licenses and support, along with professional services that help customers build and maintain their applications on the platform. Appian has a market cap of about US$2.2b, which puts it in the mid cap bracket for US software stocks.

Investors watching the AI theme may find Appian interesting because it sits at the junction of low code software and real world AI automation, with live deployments like the New South Wales long service leave system and expanded policing partnerships with Deloitte in the UK. At the same time, the company still reports losses, carries negative equity and relies on higher risk external borrowing, so the path to sustainable profitability is not yet clear. Analysts and the Simply Wall St model both flag upside potential if recurring cloud revenue and margins improve. However, the mix of fresh guidance, recent buyback activity and rising AI competition means this is a stock that rewards closer homework rather than quick assumptions.

Appian’s mix of low code and AI automation could be masking a very different risk reward profile than its headline losses suggest. Before you decide how it fits your portfolio, scan the 3 key rewards and 3 important warning signs (2 are major!)

Build your own AI workflow shortlist

Appian and the two other AI focused stocks in this list all surfaced from a single Simply Wall St screen, but the real edge comes from creating your own filters. Use our flexible Screener to mix metrics like valuation, future growth and balance sheet strength, or start with any of our curated Investing Ideas.

HubSpot (HUBS)

HubSpot runs a cloud based CRM platform that brings together marketing, sales, service, content, operations and commerce tools for mid market businesses across the Americas, Europe and Asia Pacific. It supports everything from email campaigns and social media to live chat, billing and AI driven assistants that help teams automate work. The company currently has a market cap of about US$12.5b.

HubSpot operates within the broader AI shift in sales and marketing software, using products like Breeze and AI agents to automate prospecting, customer support and content creation while tying that activity back into a single CRM. The company has reported a move into profitability, analysts have published expectations for earnings and revenue growth, and Simply Wall St’s model currently indicates a large gap between its intrinsic value estimate and the market price. At the same time, the P/E and recent volatility suggest expectations are already elevated. In addition, slower customer additions, longer sales cycles and an early stage AI monetisation model mean this is a company where the details matter for anyone building an AI watchlist.

HubSpot’s AI push, recent profitability and model valuation gap are only half the story. Get the full context in the analyst forecasts for HubSpot and see what the current expectations might be missing.

Dynatrace (DT)

Dynatrace runs an AI powered observability platform that helps large organisations monitor, secure and analyse their digital systems, from infrastructure and applications to user experience and business metrics. The company sells software and related services to customers across sectors such as banking, government, insurance, retail and transport, and is headquartered in Boston. Dynatrace currently has a market cap of about US$14.7b.

Investors looking at AI infrastructure may consider Dynatrace because its platform is tied directly to real AI workloads, including Grail powered log analytics and new autonomous agents. This is feeding into strong annual recurring revenue trends and raised guidance after the latest quarter. At the same time, the company is priced on a rich earnings multiple and profit margins are currently well below last year. Heavier reliance on large enterprise deals and higher risk external funding add another layer of uncertainty. Recent share buybacks, a long run of industry leadership awards and experienced governance make this a company where the balance of growth potential and risks deserves closer inspection.

Dynatrace’s AI observability story is accelerating, yet the real twist lies in how growth, margins and funding risks fit together. Read the analysis report for Dynatrace to see what the headline numbers might be hiding.

Seeking Fresh Alternatives Before They Fly

Some of the most interesting breakout stories get caught early by investors who act before the crowd. These ideas are under the radar for now, so consider reviewing them while interest remains limited.

• Target reliable income streams while others chase headlines by reviewing the curated 8 dividend fortresses that could help steady a portfolio when momentum drops elsewhere.
• Look for potential future leaders before they hit the mainstream by scanning the curated 19 high quality undiscovered gems while they are still flying under most radars.
• Explore long term infrastructure themes by checking the hand picked 36 power grid technology and infrastructure stocks as electricity demand and grid upgrades remain an area of focus.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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