Four Kinds of SaaS in the AI Era

The moat was never the code. It's the ecosystem.
February 17, 2026 · Data as of market close
IGV ETF (1D) -1.5%
IGV YTD -24.0%
Avg. 1Y Return -32.5%
Avg. P/S 7.8x
Avg. P/E 52.4x
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Ticker Price Mkt Cap P/S P/E % YTD Chart 1Y % 1Y Δ 52w High RS Rank AI Risk