AI supercycle widens valuation divide across SaaS stocks
Software companies are seeing two different kinds of growth trajectories following the SaaSpocalypse earlier this year, with some firms trading at dizzying valuation multiples while others sit at a more subdued price when their business models are perceived as threatened by AI. FIS at Stanford University heard that the “terminal value” of software companies in the age of AI disruptions sits at the heart of this divergence.


FIS 2026 at Stanford University