Investors looking for signs that the SaaS sell-off is overdone and a recovery at hand need look no further than small-cap Braze, Inc (NASDAQ: BRZE). This SaaS stock provides a customer engagement platform for businesses and is gaining traction amid AI “disruption”.
The risk that AI modelers will disrupt SaaS stocks across the board remains, but is now in a more realistic light. It is far less likely that they will significantly disrupt the software industry, and more likely that the established, traction-having SaaS companies providing utility with AI will continue to dominate their fields. After all, SaaS companies like Braze are integrating the major models into their ecosystems faster than AI models develop new applications.
