What will drive software valuations in 2026?
Market bubbles eventually pop, and the AI bubble will be no different. With AI dominating conversations today, what’s the outlook for valuation multiples in 2026? Will AI-first start-ups continue to attract capital and super premium valuations? Will the shine return to traditional enterprise software categories?
MGI analysts shares fresh quantitative data on what factors are driving software valuations today, the M&A outlook and the probability of the IPO window opening in 2026.
Key Issues include:
- What factors are driving valuation multiples today and where are they headed?
- Does profitability matter? Is the Rule of 40 relevant?
- What are potential indicators of the AI bubble bursting?
- What is the outlook for Software M&A? What are the tailwinds and headwinds?
Watch this replay of MGI’s 2026 Software Valuation Update!