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JF
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Jeffrey Favuzza

Analyst at Jefferies

LinkedIn

Coined the term 'SaaSpocalypse' to describe the $285B software stock selloff driven by AI agent capabilities.

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ServiceNow, Salesforce, and Intuit Stock Declines
NxCodeanalysiscautiousFeb 27, 2026

AI agents crossing the threshold of end-to-end workflow execution triggered a $285 billion selloff in software stocks as investors price in the collapse of per-seat SaaS licensing models.

“Coined the term 'SaaSpocalypse' to describe the $285B software stock selloff driven by AI agent capabilities.”

AI AgentsSaaS DisruptionAI Business ModelsEnterprise AI Adoption