Goldman Sachs Says AI Software Sell-Off Was Overdone: Recommends Figma (Down 60%) and Atlassian (Down 60%) as Top Growth Buys

Motley Fool·high signal

Published today, Goldman Sachs CEO David Solomon called the SaaSpocalypse sell-off 'too broad' and argues AI won't create sweeping destruction. Figma trades at $18.71 (down from $142.92 IPO high) with $1.4B 2026 revenue forecast, while Atlassian at $88.55 posted $1.8B Q3 revenue (+32% YoY) with AI credit usage growing 20% month-over-month. Goldman's buy basket favors companies with physical infrastructure, regulatory entrenchment, or human accountability requirements that AI cannot replicate.