Enterprise & Vertical Software
Enterprise & Vertical Software covers business applications that run company operations, automate workflows, manage customers, and meet industry rules. Capital flows to this theme as organizations move from on-premises systems to cloud subscription models, add automation and data services, and pay for software tailored to specific industries.
19 of 86 stocks are in a Stage 2 uptrend.
Stocks in this theme
| Ticker | Price | 1M | 3M | 1Y | Stage | Trend | vs 52w high |
|---|---|---|---|---|---|---|---|
| TEAMAtlassian Corp | $179.29 | -7.7% | +115.6% | +8.5% | Stage 2 (extended) | 6/7 | -8.37% |
| RNGRingCentral, Inc. | $74.7 | +7.3% | +82.2% | +142.9% | Stage 2 (extended) | 7/7 | -6.41% |
| PAYCPaycom Software, Inc. | $217.65 | -9.0% | +62.5% | -0.2% | Stage 2 (extended) | 7/7 | -9.51% |
| VIAVia Transportation, Inc. | $30.25 | +8.3% | +59.5% | -36.5% | Stage 1 | 4/7 | -43.91% |
| VEEVVeeva Systems Inc | $285.45 | -0.1% | +55.0% | -2.6% | Stage 2 (extended) | 6/7 | -6.78% |
| ZETAZeta Global Holdings Corp. | $31.57 | +1.9% | +51.5% | +50.0% | Stage 2 (extended) | 7/7 | -3.4% |
| GTLBGitlab Inc. | $47.25 | +1.5% | +49.9% | +0.8% | Stage 2 (extended) | 6/7 | -7.43% |
| APPNAppian Corp | $35.27 | -17.9% | +48.4% | +15.5% | Stage 1 | 5/7 | -22.72% |
| WIXWix.com Ltd. | $72.13 | -18.3% | +47.6% | -60.1% | Stage 1 | 2/7 | -59.39% |
| FIVNFive9, Inc. | $34.01 | -1.6% | +46.3% | +33.5% | Stage 2 (extended) | 7/7 | -12.01% |
| WDAYWorkday, Inc. | $190.46 | -3.5% | +46.2% | -22.8% | Stage 1 | 5/7 | -23.11% |
| DOCUDocusign, Inc. | $67.15 | +1.3% | +45.9% | -18.3% | Stage 1 | 5/7 | -8.19% |
| SPSCSps Commerce Inc | $82.44 | -3.5% | +41.4% | -21.5% | Stage 1 | 4/7 | -27.07% |
| CRMSalesforce, Inc. | $229.57 | -10.9% | +40.6% | -5.7% | Stage 1 | 6/7 | -13.77% |
| TWLOTwilio Inc | $292.46 | +24.1% | +39.8% | +180.4% | Stage 2 (extended) | 7/7 | -2.4% |
| BLKBBlackbaud Inc | $41.62 | -13.4% | +38.3% | -35.1% | Stage 1 | 3/7 | -38.75% |
| INTAIntapp, Inc. | $36.21 | -16.5% | +37.4% | -13.6% | Stage 1 | 5/7 | -24.04% |
| MANHManhattan Associates Inc | $198.7 | -11.0% | +35.7% | -4.3% | Stage 2 (continuation) | 6/7 | -11.2% |
| WKWorkiva Inc | $66.57 | -16.8% | +31.1% | -21.9% | Stage 1 | 4/7 | -28.66% |
| SAPSap Se | $208.48 | -5.6% | +31.0% | -21.0% | Stage 1 | 4/7 | -25.66% |
| EXLSExlService Holdings, Inc. | $34.38 | -9.7% | +28.3% | -20.4% | Stage 1 | 5/7 | -21.92% |
| PCTYPaylocity Holding Corp | $142.57 | -11.0% | +28.1% | -12.3% | Stage 1 | 5/7 | -11.02% |
| NOWServiceNow, Inc. | $134.01 | -9.4% | +26.7% | -28.8% | Stage 1 | 4/7 | -29.19% |
| CCCCCC Intelligent Solutions Holdings Inc. | $6.66 | -10.7% | +23.8% | -27.6% | Stage 1 | 4/7 | -29.82% |
| FRSHFreshworks Inc. | $12.79 | -8.1% | +22.9% | +3.5% | Stage 2 (continuation) | 6/7 | -8.12% |
| PCORProcore Technologies, Inc. | $51.72 | -17.5% | +22.7% | -30.9% | Stage 4 | 2/7 | -35.03% |
| BOXBox Inc | $33.48 | -6.4% | +22.0% | +3.7% | Stage 2 (continuation) | 7/7 | -6.9% |
| APPFAppfolio Inc | $200.52 | -14.4% | +21.7% | -29.0% | Stage 3 | 4/7 | -27.26% |
| SSNCSS&C Technologies Holdings Inc | $77.07 | -7.1% | +20.6% | -12.5% | Stage 3 | 4/7 | -14% |
| PAYPaymentus Holdings, Inc. | $30.64 | -13.9% | +20.6% | -1.4% | Stage 2 (continuation) | 5/7 | -31.3% |
| DBXDropbox, Inc. | $33.85 | -3.8% | +19.1% | +10.4% | Stage 2 (continuation) | 7/7 | -10.31% |
| KAROKarooooo Ltd. | $60 | -9.8% | +18.6% | -0.7% | Stage 2 (continuation) | 7/7 | -12.68% |
| IOTSamsara Inc. | $38.13 | -6.7% | +17.6% | +0.3% | Stage 2 (continuation) | 7/7 | -15.68% |
| TNETTrinet Group, Inc. | $62.54 | -11.0% | +17.6% | -8.1% | Stage 2 (continuation) | 6/7 | -12.74% |
| NICENICE Ltd. | $111.27 | +1.9% | +17.3% | -24.0% | Stage 1 | 4/7 | -23.15% |
| MORNMorningstar, Inc. | $190.04 | -13.2% | +17.3% | -18.8% | Stage 1 | 5/7 | -18.09% |
| PTCPtc Inc. | $140.3 | -9.9% | +17.1% | -31.2% | Stage 3 | 1/7 | -31.85% |
| ASANAsana, Inc. | $8.43 | -17.8% | +15.3% | -38.0% | Stage 1 | 3/7 | -44.5% |
| QTWOQ2 Holdings, Inc. | $55.44 | -14.8% | +15.3% | -25.9% | Stage 1 | 3/7 | -26.56% |
| TRIThomson Reuters Corp /Can/ | $97.33 | -9.3% | +14.6% | -37.7% | Stage 1 | 2/7 | -40.45% |
| BRBroadridge Financial Solutions, Inc. | $161.1 | -11.7% | +14.3% | -32.2% | Stage 1 | 1/7 | -32.36% |
| DSGXDescartes Systems Group Inc | $80.86 | +0.3% | +14.0% | -15.2% | Stage 1 | 4/7 | -17.46% |
| ADBEAdobe Inc. | $239.94 | -18.1% | +13.7% | -33.2% | Stage 4 | 0/7 | -33.33% |
| ALRMAlarm.com Holdings, Inc. | $54.47 | -5.4% | +12.3% | +3.3% | Stage 2 (continuation) | 5/7 | -5.43% |
| DOXAmdocs Ltd | $57.18 | -9.3% | +11.7% | -29.8% | Stage 4 | 0/7 | -33.11% |
| GWREGuidewire Software, Inc. | $142.58 | -30.4% | +11.7% | -38.5% | Stage 4 | 2/7 | -43.92% |
| PATHUiPath, Inc. | $12.84 | -31.2% | +11.2% | +2.2% | Stage 3 | 4/7 | -33.44% |
| GDDYGoDaddy Inc. | $95.51 | -2.4% | +9.9% | -32.6% | Stage 1 | 3/7 | -30.38% |
| BILLBILL Holdings, Inc. | $42.54 | -13.6% | +9.7% | -22.0% | Stage 3 | 4/7 | -24.45% |
| ADPAutomatic Data Processing Inc | $258.06 | -9.8% | +9.5% | -11.8% | Stage 1 | 6/7 | -12.07% |
| BRZEBraze, Inc. | $25.1 | -26.3% | +9.5% | -19.7% | Stage 1 | 4/7 | -30.64% |
| HUBSHubspot Inc | $204.98 | -21.6% | +9.2% | -60.6% | Stage 4 | 0/7 | -58.55% |
| TRMBTrimble Inc. | $57.11 | -4.7% | +8.6% | -30.3% | Stage 4 | 0/7 | -31.62% |
| FIGFigma, Inc. | $21.02 | -23.5% | +7.8% | -60.5% | Stage 4 | 0/7 | -70.43% |
| PEGAPegasystems Inc | $33.28 | -9.6% | +7.0% | -43.2% | Stage 4 | 0/7 | -50.06% |
| RELXRelx PLC | $33.18 | -8.9% | +5.7% | -29.6% | Stage 4 | 1/7 | -30.53% |
| NSPInsperity, Inc. | $46.59 | -12.7% | +5.7% | -4.9% | Stage 2 (continuation) | 7/7 | -13.77% |
| NCNOnCino, Inc. | $18.13 | -19.8% | +5.7% | -35.2% | Stage 1 | 2/7 | -33.12% |
| TYLTyler Technologies Inc | $318.6 | -14.4% | +5.6% | -39.8% | Stage 4 | 0/7 | -39.1% |
| ADSKAutodesk, Inc. | $209 | -19.2% | +4.6% | -35.1% | Stage 4 | 0/7 | -35.38% |
| INTUIntuit Inc. | $275.71 | -23.3% | +3.2% | -60.3% | Stage 4 | 0/7 | -59.66% |
| MNDYmonday.com Ltd. | $78.46 | -22.4% | +2.9% | -61.1% | Stage 4 | 1/7 | -61.77% |
| BSYBentley Systems Inc | $31.95 | -13.1% | +2.1% | -39.0% | Stage 4 | 0/7 | -43.74% |
| TOSTToast, Inc. | $28.99 | -15.0% | +1.0% | -22.1% | Stage 1 | 1/7 | -25.7% |
| ZMZoom Communications, Inc. | $90.77 | -6.1% | +0.7% | +8.6% | Stage 1 | 4/7 | -18.87% |
| JKHYJack Henry & Associates Inc | $143.24 | -14.7% | +0.6% | -5.3% | Stage 4 | 0/7 | -25.63% |
| ROPRoper Technologies Inc | $349.41 | -17.7% | -1.5% | -30.0% | Stage 4 | 1/7 | -32.81% |
| ORCLOracle Corp | $137.3 | -7.9% | -3.6% | -51.4% | Stage 4 | 0/7 | -56.13% |
| KVYOKlaviyo, Inc. | $15.73 | -23.6% | -3.9% | -50.4% | Stage 4 | 0/7 | -52.71% |
| PAYXPaychex Inc | $98.5 | -22.6% | -4.1% | -23.4% | Stage 1 | 3/7 | -23.4% |
| HQYHealthequity, Inc. | $88.46 | -8.4% | -4.2% | -7.2% | Stage 1 | 3/7 | -17.16% |
| FAFirst Advantage Corp | $17.8 | -15.3% | -5.8% | +18.6% | Stage 2 (continuation) | 6/7 | -26.2% |
| VERXVertex, Inc. | $11.78 | -16.8% | -5.9% | -53.6% | Stage 4 | 0/7 | -54.59% |
| SOUNSoundhound AI, Inc. | $6.02 | -15.9% | -7.0% | -62.2% | Stage 4 | 0/7 | -71.87% |
| CALXCalix, Inc | $34.36 | -9.9% | -7.4% | -44.0% | Stage 4 | 0/7 | -49.78% |
| VRSKVerisk Analytics, Inc. | $167.85 | -13.4% | -8.6% | -32.5% | Stage 4 | 0/7 | -33.26% |
| AGYSAgilysys Inc | $97.08 | -16.6% | -10.8% | -6.5% | Stage 3 | 4/7 | -31.21% |
| TTANServiceTitan, Inc. | $65.79 | -32.9% | -11.1% | -36.1% | Stage 4 | 1/7 | -40.36% |
| LRNStride, Inc. | $77.98 | -10.1% | -12.0% | -48.0% | Stage 1 | 2/7 | -49.21% |
| CDNSCadence Design Systems Inc | $330.19 | -2.5% | -12.6% | -5.3% | Stage 1 | 3/7 | -20.7% |
| IBMInternational Business Machines Corp | $219.93 | -6.0% | -23.2% | -21.4% | Stage 4 | 0/7 | -33.2% |
| YOUClear Secure, Inc. | $41.95 | -5.0% | -24.6% | +15.2% | Stage 1 | 3/7 | -32.73% |
| DBDDIEBOLD NIXDORF, Inc | $61.22 | -9.8% | -26.5% | +9.0% | Stage 1 | 2/7 | -32.54% |
| ALKTAlkami Technology, Inc. | $13.69 | -32.9% | -26.9% | -46.7% | Stage 4 | 1/7 | -45.48% |
| COMPCompass, Inc. | $8.88 | -15.9% | -29.2% | +8.0% | Stage 1 | 2/7 | -34.61% |
| FICOFair Isaac Corp | $592.47 | -48.4% | -50.9% | -61.2% | Stage 4 | 0/7 | -68.48% |
Deep dive
Enterprise & Vertical Software is the set of companies that sell business-focused applications and services to organizations. The group includes broad horizontal platforms such as CRM, HR, finance, collaboration, and content tools as well as vertical products built for specific industries like life sciences, insurance, construction, hospitality, and retail. Constituent examples range from large, multi-product vendors to smaller firms that focus on a single industry workflow.
Demand for these products grows from three concrete shifts. First, the move to cloud-native, subscription software changes buying from one-time licenses to recurring revenue and lowers the cost of deployment. Second, automation and analytics, often labeled AI or machine learning, reduce manual work and raise interest in process rework. Third, industry-specific regulation and complexity push firms toward specialized software that captures domain rules and reporting, so compliance and traceability become a continual source of spend.
The value chain breaks into several roles. Platform and middleware vendors provide core services and integration that other apps run on or connect to; examples include collaboration platforms, identity and API messaging. Horizontal application vendors sell broad-use functions like sales, HR, finance, and content management. Vertical specialists build tailored workflows and data models for industries such as life sciences, insurance, construction, payments, and field services. Systems integrators, managed service providers, and marketplaces supply implementation, customization, and add-on modules that help customers put the software into production.
Whether the theme continues to attract capital depends on a few factors. Customer retention, renewal rates, and the ability to expand revenue inside existing accounts drive durable economics. Speed of feature innovation, integration with cloud and data infrastructure, and performance on security and compliance determine competitiveness. Pressure comes from consolidation among large platform providers, changes in corporate IT budgets, and the risk that commodity layers or open-source projects reduce differentiation; vertical specialists that lock in industry data and workflows tend to have clearer defensibility.