PodcastIn the Money with Amber KanwarOctober 22, 2026

Software Stocks Crashed. This CEO Says the Business Has Never Been Stronger

Kinaxis's CEO says the stock's 30% AI-fear selloff decoupled from accelerating fundamentals: doubling revenue, steady margins, and NVIDIA-boosted performance.

Fundamentals vs. stock price: Kinaxis (KXS.TO) fell ~30% in the 2025 "SaaSpocalypse" sell-off even as CEO Razat Gaurav says pipeline, bookings and win rates were improving and Q1/Q2 beat consensus guidance.
Revenue doubling, margins intact: Revenue has doubled since 2023 toward ~$500M ARR across 450 customers; EBITDA margins remain 25-27% despite shifting to usage-based "Maestro Activity Unit" pricing.

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Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.