This article first appeared on GuruFocus.
Evercore on Monday highlighted Microsoft (NASDAQ:MSFT), Salesforce (NYSE:CRM) and Oracle (NYSE:ORCL) as its top enterprise software picks for 2026, citing sustainable AI adoption and infrastructure demand.
Shares of Oracle and Salesforce rose about 2% after the call, while Microsoft was little changed. Evercore said its software infrastructure business should remain intact as AI adoption increases next year.
The company also highlighted Intuit (NASDAQ:INTU), Snowflake (NYSE:SNOW) and Samsara (NYSE:IOT) as favorite ideas. Analysts say these names combine secular AI exposure with clearer paths to sustainable revenue.
Evercore flagged Oracle’s more idiosyncratic risks, pointing to higher debt levels and close ties to OpenAI as factors investors should consider. Still, the bank said demand from hyperscalers should support Oracle’s AI rollout in the enterprise space.
On Salesforce, Evercore noted improving momentum around the company’s AI strategy and said low free cash flow increases the stock’s risk-reward profile.
The research note describes 2026 as a year when execution, not just excitement about AI, will separate the winners from the laggards.
