U.S. Software Price disconnect

AppLovin

Market Cap: US$132.0b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Intuit

Market Cap: US$100.0b

Provides financial management, payments and capital, compliance, and marketing products and services in the United States.

ServiceNow

Market Cap: US$93.1b

Provides cloud-based solution for digital workflows in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.

Adobe

Market Cap: US$92.9b

Operates as a technology company worldwide.

Workday

Market Cap: US$29.1b

Provides enterprise cloud applications in the United States and internationally.

PTC

Market Cap: US$16.6b

Operates as software company in the Americas, Europe, and the Asia Pacific.

HubSpot

Market Cap: US$10.8b

Provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific.

monday.com

Market Cap: US$3.2b

Develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally.

Kyndryl Holdings

Market Cap: US$2.9b

Operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.

Qualys

Market Cap: US$2.7b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

Teradata

Market Cap: US$2.4b

Provides an AI and knowledge platforms in the United States and internationally.

SPS Commerce

Market Cap: US$2.0b

Provides cloud-based supply chain management solutions in the United States.

Opera

Market Cap: US$1.4b

Provides mobile and PC web browsers and related products and services in Ireland, Singapore, the United States, and internationally.

Progress Software

Market Cap: US$1.2b

Provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.

Viant Technology

Market Cap: US$648.7m

Operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop.

Grid Dynamics Holdings

Market Cap: US$455.6m

Provides enterprise artificial intelligence and digital transformation services in North America, Europe, and internationally.

OneSpan

Market Cap: US$403.5m

Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

eGain

Market Cap: US$205.1m

Engages in the development, license, implementation, and support of its customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Crexendo

Market Cap: US$190.0m

Provides cloud communication platform software and unified communications as a service in the United States and internationally.

LiveWorld

Market Cap: US$5.4m

A digital agency and software company, provides social media and technology solutions for pharmaceuticals, healthcare, and financial-travel service industries.