The 2026 software selloff was indiscriminate, and some interesting businesses were caught in the crossfire. This is a starting point for exploration, not a set of recommendations. Thirty SaaS names across the US, Europe, APAC, and Canada, each flagged for a catalyst worth investigating further. Do your own research and treat this as a map, not a destination.

Company

Price & Valuation

FV & Narrative

Valuation

Growth

Analyst Target

ESTC

Elastic

US$83.44n/a

9.3%7D

55.3%3M

The author hasn't set a fair value for ESTC

WTC

WiseTech Global

AU$43.35n/a

6.1%7D

14.6%3M

The author hasn't set a fair value for WTC

NCNO

nCino

US$20.23n/a

6.6%7D

34.4%3M

The author hasn't set a fair value for NCNO

KNOS

Kainos Group

UK£9.73n/a

4.6%7D

15.0%3M

The author hasn't set a fair value for KNOS

MP1

Megaport

AU$20.84n/a

4.6%7D

68.3%3M

The author hasn't set a fair value for MP1

AGYS

Agilysys

US$111.33n/a

4.1%7D

41.0%3M

The author hasn't set a fair value for AGYS

TEMN

Temenos

CHF 74.75n/a

3.7%7D

2.6%3M

The author hasn't set a fair value for TEMN

FRSH

Freshworks

US$12.33n/a

2.9%7D

35.2%3M

The author hasn't set a fair value for FRSH

PLNW

Planisware SAS

€25.25n/a

2.0%7D

35.0%3M

The author hasn't set a fair value for PLNW

VERX

Vertex

US$12.47n/a

2.8%7D

-5.3%3M

The author hasn't set a fair value for VERX

SGE

Sage Group

UK£10.48n/a

0.3%7D

15.4%3M

The author hasn't set a fair value for SGE

MITK

Mitek Systems

US$18.53n/a

-0.1%7D

31.0%3M

The author hasn't set a fair value for MITK

PCOR

Procore Technologies

US$58.38n/a

0.3%7D

23.2%3M

The author hasn't set a fair value for PCOR

SINCH

Sinch

SEK 43.40n/a

-0.9%7D

11.7%3M

The author hasn't set a fair value for SINCH

BRZE

Braze

US$27.95n/a

-2.8%7D

28.4%3M

The author hasn't set a fair value for BRZE

LINK

LINK Mobility Group Holding

NOK 25.94n/a

-1.1%7D

-6.1%3M

The author hasn't set a fair value for LINK

PagerDuty

US$11.70n/a

-1.5%7D

69.8%3M

The author hasn't set a fair value for PD

BOX

Box

US$32.29n/a

-3.9%7D

25.6%3M

The author hasn't set a fair value for BOX

APPN

Appian

US$34.91n/a

-1.9%7D

60.8%3M

The author hasn't set a fair value for APPN

TMV

TeamViewer

€6.56n/a

-2.2%7D

13.4%3M

The author hasn't set a fair value for TMV

ALRM

Alarm.com Holdings

US$55.00n/a

-2.6%7D

26.5%3M

The author hasn't set a fair value for ALRM

CXM

Sprinklr

US$6.70n/a

-3.3%7D

26.9%3M

The author hasn't set a fair value for CXM

QLYS

Qualys

US$183.31n/a

-1.3%7D

83.1%3M

The author hasn't set a fair value for QLYS

KXS

Kinaxis

CA$170.70n/a

-2.8%7D

21.6%3M

The author hasn't set a fair value for KXS

DSY

Dassault Systèmes

€21.37n/a

-3.2%7D

5.4%3M

The author hasn't set a fair value for DSY

RDY

ReadyTech Holdings

AU$1.63n/a

-3.3%7D

19.4%3M

The author hasn't set a fair value for RDY

KVYO

Klaviyo

US$17.54n/a

-1.8%7D

19.3%3M

The author hasn't set a fair value for KVYO

ASAN

Asana

US$8.83n/a

-4.3%7D

33.2%3M

The author hasn't set a fair value for ASAN

MNDY

monday.com

US$83.33n/a

-6.0%7D

6.8%3M

The author hasn't set a fair value for MNDY

GTM

ZoomInfo Technologies

US$3.76n/a

-11.1%7D

-1.3%3M

The author hasn't set a fair value for GTM

Company

Price & Valuation

FV & Narrative

Valuation

Growth

Analyst Target

ESTC

Elastic

9.3%7D

55.3%3M

US$83.44

n/a

The author hasn't set a fair value for ESTC

PE 23.6x

E -29.0%

US$76.48

WTC

WiseTech Global

6.1%7D

14.6%3M

AU$43.35

n/a

The author hasn't set a fair value for WTC

PE 63.2x

E 25.7%

AU$59.86

NCNO

nCino

6.6%7D

34.4%3M

US$20.23

n/a

The author hasn't set a fair value for NCNO

PS 3.6x

E 54.7%

US$23.36

KNOS

Kainos Group

4.6%7D

15.0%3M

UK£9.73

n/a

The author hasn't set a fair value for KNOS

PE 26.6x

E 14.6%

UK£11.54

MP1

Megaport

4.6%7D

68.3%3M

AU$20.84

n/a

The author hasn't set a fair value for MP1

PS 19.2x

E 51.3%

AU$23.01

AGYS

Agilysys

4.1%7D

41.0%3M

US$111.33

n/a

The author hasn't set a fair value for AGYS

PE 73x

E 25.7%

US$134.50

TEMN

Temenos

3.7%7D

2.6%3M

CHF 74.75

n/a

The author hasn't set a fair value for TEMN

PE 32.6x

E 12.1%

CHF 80.79

FRSH

Freshworks

2.9%7D

35.2%3M

US$12.33

n/a

The author hasn't set a fair value for FRSH

PE 17.4x

E -28.5%

US$14.38

PLNW

Planisware SAS

2.0%7D

35.0%3M

€25.25

n/a

The author hasn't set a fair value for PLNW

PE 30.9x

E 10.9%

€24.63

VERX

Vertex

2.8%7D

-5.3%3M

US$12.47

n/a

The author hasn't set a fair value for VERX

PS 2.6x

E 73.9%

US$17.15

SGE

Sage Group

0.3%7D

15.4%3M

UK£10.48

n/a

The author hasn't set a fair value for SGE

PE 24.4x

E 12.7%

UK£11.14

MITK

Mitek Systems

-0.1%7D

31.0%3M

US$18.53

n/a

The author hasn't set a fair value for MITK

PE 37.1x

E 11.5%

US$22.63

PCOR

Procore Technologies

0.3%7D

23.2%3M

US$58.38

n/a

The author hasn't set a fair value for PCOR

PS 6.2x

E 104.3%

US$68.55

SINCH

Sinch

-0.9%7D

11.7%3M

SEK 43.40

n/a

The author hasn't set a fair value for SINCH

PE 68x

E 28.6%

SEK 41.00

BRZE

Braze

-2.8%7D

28.4%3M

US$27.95

n/a

The author hasn't set a fair value for BRZE

PS 4x

E 32.7%

US$34.95

LINK

LINK Mobility Group Holding

-1.1%7D

-6.1%3M

NOK 25.94

n/a

The author hasn't set a fair value for LINK

PE 55.2x

E 38.0%

NOK 34.60

PagerDuty

-1.5%7D

69.8%3M

US$11.70

n/a

The author hasn't set a fair value for PD

PE 4.7x

E -73.0%

US$9.86

BOX

Box

-3.9%7D

25.6%3M

US$32.29

n/a

The author hasn't set a fair value for BOX

PE 46.9x

E 12.7%

US$33.00

APPN

Appian

-1.9%7D

60.8%3M

US$34.91

n/a

The author hasn't set a fair value for APPN

PS 3.1x

E 184.2%

US$34.00

TMV

TeamViewer

-2.2%7D

13.4%3M

€6.56

n/a

The author hasn't set a fair value for TMV

PE 7.9x

E 6.8%

€7.83

ALRM

Alarm.com Holdings

-2.6%7D

26.5%3M

US$55.00

n/a

The author hasn't set a fair value for ALRM

PE 22.9x

E 13.9%

US$63.00

CXM

Sprinklr

-3.3%7D

26.9%3M

US$6.70

n/a

The author hasn't set a fair value for CXM

PE 54.8x

E 34.5%

US$7.88

QLYS

Qualys

-1.3%7D

83.1%3M

US$183.31

n/a

The author hasn't set a fair value for QLYS

PE 30.7x

E 3.7%

US$171.74

KXS

Kinaxis

-2.8%7D

21.6%3M

CA$170.70

n/a

The author hasn't set a fair value for KXS

PE 38.5x

E 10.1%

CA$208.32

DSY

Dassault Systèmes

-3.2%7D

5.4%3M

€21.37

n/a

The author hasn't set a fair value for DSY

PE 21.4x

E 4.0%

€23.50

RDY

ReadyTech Holdings

-3.3%7D

19.4%3M

AU$1.63

n/a

The author hasn't set a fair value for RDY

PS 1.6x

E 50.8%

AU$1.96

KVYO

Klaviyo

-1.8%7D

19.3%3M

US$17.54

n/a

The author hasn't set a fair value for KVYO

PS 3.6x

E 82.3%

US$26.65

ASAN

Asana

-4.3%7D

33.2%3M

US$8.83

n/a

The author hasn't set a fair value for ASAN

PS 2.5x

E 53.5%

US$9.13

MNDY

monday.com

-6.0%7D

6.8%3M

US$83.33

n/a

The author hasn't set a fair value for MNDY

PE 29.1x

E 19.8%

US$109.00

GTM

ZoomInfo Technologies

-11.1%7D

-1.3%3M

US$3.76

n/a

The author hasn't set a fair value for GTM

PS 0.9x

E 109.5%

US$4.60

Company	Price & Valuation	FV & Narrative	Valuation	Growth	Analyst Target
ESTC Elastic US$83.44n/aintrinsic discount 9.3%7D 55.3%3M The author hasn't set a fair value for ESTC
WTC WiseTech Global AU$43.35n/aintrinsic discount 6.1%7D 14.6%3M The author hasn't set a fair value for WTC
NCNO nCino US$20.23n/aintrinsic discount 6.6%7D 34.4%3M The author hasn't set a fair value for NCNO
KNOS Kainos Group UK£9.73n/aintrinsic discount 4.6%7D 15.0%3M The author hasn't set a fair value for KNOS
MP1 Megaport AU$20.84n/aintrinsic discount 4.6%7D 68.3%3M The author hasn't set a fair value for MP1
AGYS Agilysys US$111.33n/aintrinsic discount 4.1%7D 41.0%3M The author hasn't set a fair value for AGYS
TEMN Temenos CHF 74.75n/aintrinsic discount 3.7%7D 2.6%3M The author hasn't set a fair value for TEMN
FRSH Freshworks US$12.33n/aintrinsic discount 2.9%7D 35.2%3M The author hasn't set a fair value for FRSH
PLNW Planisware SAS €25.25n/aintrinsic discount 2.0%7D 35.0%3M The author hasn't set a fair value for PLNW
VERX Vertex US$12.47n/aintrinsic discount 2.8%7D -5.3%3M The author hasn't set a fair value for VERX
SGE Sage Group UK£10.48n/aintrinsic discount 0.3%7D 15.4%3M The author hasn't set a fair value for SGE
MITK Mitek Systems US$18.53n/aintrinsic discount -0.1%7D 31.0%3M The author hasn't set a fair value for MITK
PCOR Procore Technologies US$58.38n/aintrinsic discount 0.3%7D 23.2%3M The author hasn't set a fair value for PCOR
SINCH Sinch SEK 43.40n/aintrinsic discount -0.9%7D 11.7%3M The author hasn't set a fair value for SINCH
BRZE Braze US$27.95n/aintrinsic discount -2.8%7D 28.4%3M The author hasn't set a fair value for BRZE
LINK LINK Mobility Group Holding NOK 25.94n/aintrinsic discount -1.1%7D -6.1%3M The author hasn't set a fair value for LINK
PD PagerDuty US$11.70n/aintrinsic discount -1.5%7D 69.8%3M The author hasn't set a fair value for PD
BOX Box US$32.29n/aintrinsic discount -3.9%7D 25.6%3M The author hasn't set a fair value for BOX
APPN Appian US$34.91n/aintrinsic discount -1.9%7D 60.8%3M The author hasn't set a fair value for APPN
TMV TeamViewer €6.56n/aintrinsic discount -2.2%7D 13.4%3M The author hasn't set a fair value for TMV
ALRM Alarm.com Holdings US$55.00n/aintrinsic discount -2.6%7D 26.5%3M The author hasn't set a fair value for ALRM
CXM Sprinklr US$6.70n/aintrinsic discount -3.3%7D 26.9%3M The author hasn't set a fair value for CXM
QLYS Qualys US$183.31n/aintrinsic discount -1.3%7D 83.1%3M The author hasn't set a fair value for QLYS
KXS Kinaxis CA$170.70n/aintrinsic discount -2.8%7D 21.6%3M The author hasn't set a fair value for KXS
DSY Dassault Systèmes €21.37n/aintrinsic discount -3.2%7D 5.4%3M The author hasn't set a fair value for DSY
RDY ReadyTech Holdings AU$1.63n/aintrinsic discount -3.3%7D 19.4%3M The author hasn't set a fair value for RDY
KVYO Klaviyo US$17.54n/aintrinsic discount -1.8%7D 19.3%3M The author hasn't set a fair value for KVYO
ASAN Asana US$8.83n/aintrinsic discount -4.3%7D 33.2%3M The author hasn't set a fair value for ASAN
MNDY monday.com US$83.33n/aintrinsic discount -6.0%7D 6.8%3M The author hasn't set a fair value for MNDY
GTM ZoomInfo Technologies US$3.76n/aintrinsic discount -11.1%7D -1.3%3M The author hasn't set a fair value for GTM

SaaS Resurgence: 30 Global Turnaround Plays for 2026

Watching

Watching

Company	Price & Valuation	FV & Narrative	Valuation	Growth	Analyst Target
ESTC Elastic 9.3%7D 55.3%3M	US$83.44 n/aintrinsic discount	The author hasn't set a fair value for ESTC	PE 23.6x	E -29.0%	US$76.48
WTC WiseTech Global 6.1%7D 14.6%3M	AU$43.35 n/aintrinsic discount	The author hasn't set a fair value for WTC	PE 63.2x	E 25.7%	AU$59.86
NCNO nCino 6.6%7D 34.4%3M	US$20.23 n/aintrinsic discount	The author hasn't set a fair value for NCNO	PS 3.6x	E 54.7%	US$23.36
KNOS Kainos Group 4.6%7D 15.0%3M	UK£9.73 n/aintrinsic discount	The author hasn't set a fair value for KNOS	PE 26.6x	E 14.6%	UK£11.54
MP1 Megaport 4.6%7D 68.3%3M	AU$20.84 n/aintrinsic discount	The author hasn't set a fair value for MP1	PS 19.2x	E 51.3%	AU$23.01
AGYS Agilysys 4.1%7D 41.0%3M	US$111.33 n/aintrinsic discount	The author hasn't set a fair value for AGYS	PE 73x	E 25.7%	US$134.50
TEMN Temenos 3.7%7D 2.6%3M	CHF 74.75 n/aintrinsic discount	The author hasn't set a fair value for TEMN	PE 32.6x	E 12.1%	CHF 80.79
FRSH Freshworks 2.9%7D 35.2%3M	US$12.33 n/aintrinsic discount	The author hasn't set a fair value for FRSH	PE 17.4x	E -28.5%	US$14.38
PLNW Planisware SAS 2.0%7D 35.0%3M	€25.25 n/aintrinsic discount	The author hasn't set a fair value for PLNW	PE 30.9x	E 10.9%	€24.63
VERX Vertex 2.8%7D -5.3%3M	US$12.47 n/aintrinsic discount	The author hasn't set a fair value for VERX	PS 2.6x	E 73.9%	US$17.15
SGE Sage Group 0.3%7D 15.4%3M	UK£10.48 n/aintrinsic discount	The author hasn't set a fair value for SGE	PE 24.4x	E 12.7%	UK£11.14
MITK Mitek Systems -0.1%7D 31.0%3M	US$18.53 n/aintrinsic discount	The author hasn't set a fair value for MITK	PE 37.1x	E 11.5%	US$22.63
PCOR Procore Technologies 0.3%7D 23.2%3M	US$58.38 n/aintrinsic discount	The author hasn't set a fair value for PCOR	PS 6.2x	E 104.3%	US$68.55
SINCH Sinch -0.9%7D 11.7%3M	SEK 43.40 n/aintrinsic discount	The author hasn't set a fair value for SINCH	PE 68x	E 28.6%	SEK 41.00
BRZE Braze -2.8%7D 28.4%3M	US$27.95 n/aintrinsic discount	The author hasn't set a fair value for BRZE	PS 4x	E 32.7%	US$34.95
LINK LINK Mobility Group Holding -1.1%7D -6.1%3M	NOK 25.94 n/aintrinsic discount	The author hasn't set a fair value for LINK	PE 55.2x	E 38.0%	NOK 34.60
PD PagerDuty -1.5%7D 69.8%3M	US$11.70 n/aintrinsic discount	The author hasn't set a fair value for PD	PE 4.7x	E -73.0%	US$9.86
BOX Box -3.9%7D 25.6%3M	US$32.29 n/aintrinsic discount	The author hasn't set a fair value for BOX	PE 46.9x	E 12.7%	US$33.00
APPN Appian -1.9%7D 60.8%3M	US$34.91 n/aintrinsic discount	The author hasn't set a fair value for APPN	PS 3.1x	E 184.2%	US$34.00
TMV TeamViewer -2.2%7D 13.4%3M	€6.56 n/aintrinsic discount	The author hasn't set a fair value for TMV	PE 7.9x	E 6.8%	€7.83
ALRM Alarm.com Holdings -2.6%7D 26.5%3M	US$55.00 n/aintrinsic discount	The author hasn't set a fair value for ALRM	PE 22.9x	E 13.9%	US$63.00
CXM Sprinklr -3.3%7D 26.9%3M	US$6.70 n/aintrinsic discount	The author hasn't set a fair value for CXM	PE 54.8x	E 34.5%	US$7.88
QLYS Qualys -1.3%7D 83.1%3M	US$183.31 n/aintrinsic discount	The author hasn't set a fair value for QLYS	PE 30.7x	E 3.7%	US$171.74
KXS Kinaxis -2.8%7D 21.6%3M	CA$170.70 n/aintrinsic discount	The author hasn't set a fair value for KXS	PE 38.5x	E 10.1%	CA$208.32
DSY Dassault Systèmes -3.2%7D 5.4%3M	€21.37 n/aintrinsic discount	The author hasn't set a fair value for DSY	PE 21.4x	E 4.0%	€23.50
RDY ReadyTech Holdings -3.3%7D 19.4%3M	AU$1.63 n/aintrinsic discount	The author hasn't set a fair value for RDY	PS 1.6x	E 50.8%	AU$1.96
KVYO Klaviyo -1.8%7D 19.3%3M	US$17.54 n/aintrinsic discount	The author hasn't set a fair value for KVYO	PS 3.6x	E 82.3%	US$26.65
ASAN Asana -4.3%7D 33.2%3M	US$8.83 n/aintrinsic discount	The author hasn't set a fair value for ASAN	PS 2.5x	E 53.5%	US$9.13
MNDY monday.com -6.0%7D 6.8%3M	US$83.33 n/aintrinsic discount	The author hasn't set a fair value for MNDY	PE 29.1x	E 19.8%	US$109.00
GTM ZoomInfo Technologies -11.1%7D -1.3%3M	US$3.76 n/aintrinsic discount	The author hasn't set a fair value for GTM	PS 0.9x	E 109.5%	US$4.60