From Yahoo Finance: 2025-06-07 06:07:00

AI and cloud services have paved the way for the emergence of AI software as a service (AI SaaS), delivering advanced AI tools through cloud technology at reduced costs. The AI SaaS market was worth $115.22 billion last year and is projected to reach $2.97 trillion by 2034 with a CAGR of 38%. Cantor analyst Matthew VanVliet sees significant potential in this sector, highlighting two top picks: Klaviyo and HubSpot. Klaviyo offers personalized CRM solutions with AI integration, boasting 169,000 customers and $279.8 million in quarterly revenue. HubSpot provides innovative marketing software with AI tools, reporting $714.1 million in revenue in Q1 2025. Both stocks have Strong Buy ratings and substantial growth potential.



Read more at Yahoo Finance: Cantor Says These 2 SaaS Stocks Are Top Picks as AI Rewrites the Software Playbook