Microsoft Stock And 2 AI Software Names Worth Watching

The AI stocks screener focuses on companies directly tied to the ChatGPT and artificial intelligence build out, from semiconductors and chips to software, LLMs, cloud and broader digital transformation. With investors watching AI related profits in China, shifts in global energy costs and evolving interest rate paths, this theme provides a focused way to track listed companies at the center of this technological shift. In this article, you will see 3 stocks from the screener, together with clear explanations of what each company does in AI and why it stands out in today’s market context.

Microsoft (MSFT)

Overview: Microsoft is a global technology company that provides Windows and Office software, Microsoft 365 and Teams collaboration tools, Azure cloud and AI services, LinkedIn, Xbox gaming, and a wide range of enterprise solutions used by businesses and consumers worldwide.

Operations: Microsoft generates about US$135.3b from Productivity and Business Processes, US$128.4b from Intelligent Cloud, and US$54.6b from More Personal Computing, with revenue split between the United States at US$162.8b and other countries at US$155.4b.

Market Cap: US$2.8t

Investors looking at AI may consider Microsoft because it combines a large, cash-rich cloud and software business with a significant build out of AI infrastructure and products like Copilot, supported by partnerships with OpenAI and major enterprise customers such as the NHS. Some assessments view the stock as trading meaningfully below certain fair value estimates, and metrics such as earnings growth, margins around 39% and strong analyst conviction indicate that the core business is considered robust even as capital expenditure and data center power deals attract scrutiny. On the other hand, there is notable regulatory pressure in the US and EU around cloud and pricing, along with signs of insider selling and questions over long-term AI spending. This mix of strong fundamentals and ongoing risks is a key factor for investors researching Microsoft.

Microsoft’s AI infrastructure, margins around 39% and strong analyst conviction suggest a story many investors may be only half seeing; the real question is what the 5 key rewards and 1 important warning sign quietly reveals about where this could break or accelerate next

Strategy (MSTR)

Overview: Strategy Inc is a bitcoin treasury and software company that gives investors exposure to Bitcoin through its listed securities while also selling AI powered enterprise analytics tools that help organisations turn data into decision ready insights. Alongside its Bitcoin holdings, it offers platforms like Strategy One and Strategy Mosaic that sit across multiple data sources to create a consistent intelligence layer for large businesses.

Operations: Strategy generates about US$490.5m from its software business, with revenue mainly from the United States at US$278.0m, Europe, the Middle East, and Africa at US$169.0m, and other regions at US$43.4m.

Market Cap: US$28.9b

Strategy stands out in the AI stocks screener because it blends a traditional software business with a very unusual balance sheet built around Bitcoin. This turns the stock into a kind of leveraged bet on crypto as well as AI powered analytics. The company is currently unprofitable and has relied heavily on external funding and shareholder dilution. Recent scrutiny of its STRC preferred stock, dividend coverage and class action risk shows how quickly sentiment can turn. At the same time, forecasts for strong earnings growth, a low P/B ratio relative to software peers and a long tenured, largely independent board create a very different picture. The tension between those fundamentals, the Bitcoin treasury model and funding risks is what investors in Strategy are really trying to understand.

Strategy’s Bitcoin heavy balance sheet and AI software revenue create an unusual mix that many investors may still be pricing as a simple crypto proxy. To see how this story could change if sentiment, funding conditions or software traction shift, head to the 2 key rewards and 1 important warning sign

Figma (FIG)

Overview: Figma is a San Francisco based software company that offers a browser based platform where teams design, prototype and ship digital products together, covering interface design, whiteboarding, slides, websites and content management in one connected system. Its tools like Figma Design, FigJam, Slides, Sites and AI features such as Make and Weave are built to let designers, developers and marketers work on the same files in real time.

Operations: Figma generates about US$1.2b from Internet Software & Services, with around US$621.9m from international customers and US$539.1m from the United States.

Market Cap: US$9.8b

Figma sits at the center of how many large companies design and ship digital products, with its design platform widely used across Fortune 500 workflows and now expanding into marketing, content and AI assisted creation. Revenue grew 41.4% over the past year and recent AI tools, usage based AI credits and the “intelligent canvas” pitch from Config ’26 are drawing attention to how much more the platform could capture from existing customers, even while the company is still unprofitable, reporting a US$142.4m Q1 2026 net loss and relying on external borrowing. With price targets being cut at the same time as some analysts argue Figma is essential to enterprise design, the key consideration is whether the current mix of high growth, rich margins and AI monetization risk is being fully priced into the stock.

Figma’s 41.4% revenue growth, strong margins and new AI tools point to a product story that may be decoupling from sentiment. See how the analyst forecasts for Figma reframes the risk reward trade off ahead of the next move.

The three AI stocks covered here are only a starting point. The full screener surfaces 648 more companies tied to semiconductors, cloud, LLMs and the broader ChatGPT build out, each with its own potential narrative and risk profile. To identify and analyze the highest conviction AI opportunities that align with the catalysts discussed in this article, you can use the Artificial Intelligence/ AI Stocks screener.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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