Software Stock Selloff Impacts IPOs and M&A Activity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy OS?
Source: Newsfilter
- Market Volatility Intensifies: Software stocks have dropped approximately 25% over the past three months, leading to a slowdown in M&A and IPO activities as investor confidence in valuations wanes, making negotiations more cautious on both sides.
- Increased Deal Difficulty: Financial advisors report that the instability in the market complicates deal-making, with many companies opting not to sell at depressed prices, predicting that numerous transactions may break apart or be delayed in the coming weeks.
- IPO Postponements: Under current market conditions, Blackstone-backed Liftoff Mobile has decided to postpone its planned IPO, while Norwegian software firm Visma may also delay its potential $20 billion listing in London due to the ongoing selloff.
- Investor Sentiment Fluctuates: While some investors view the current situation as a buying opportunity for software companies, overall market sentiment remains driven by uncertainty, leading to valuation pressures for many firms and the potential for more take-private transactions in the future.
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Analyst Views on OS
Wall Street analysts forecast OS stock price to rise
16 Analyst Rating
6 Buy
10 Hold
0 Sell
Moderate Buy
Current: 23.570
Low
24.00
Averages
26.92
High
38.00
Current: 23.570
Low
24.00
Averages
26.92
High
38.00
About OS
OneStream, Inc. is a provider of a unified, artificial intelligence (AI)-enabled software platform, the Digital Finance Cloud. Its platform unifies core financial and broader operational data and processes within a single platform, with solutions that maintain the integrity of corporate reporting standards for finance while providing operationally significant insights for business users. Its platform automates and streamlines workflows, accelerates analysis and improves forecast accuracy, equipping the Office of the CFO to report on, predict and guide business performance. The Digital Finance Cloud empowers the Office of the CFO to form a comprehensive, dynamic and predictive view of the entire enterprise, providing corporate leaders the control, visibility and agility required to proactively adjust business strategy and day-to-day execution. Its solutions include financial close and consolidation, financial and operational planning and analysis and financial and operational reporting.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Software Stock Selloff Impacts IPOs and M&A Activity
- Market Volatility Intensifies: Software stocks have dropped approximately 25% over the past three months, leading to a slowdown in M&A and IPO activities as investor confidence in valuations wanes, making negotiations more cautious on both sides.
- Increased Deal Difficulty: Financial advisors report that the instability in the market complicates deal-making, with many companies opting not to sell at depressed prices, predicting that numerous transactions may break apart or be delayed in the coming weeks.
- IPO Postponements: Under current market conditions, Blackstone-backed Liftoff Mobile has decided to postpone its planned IPO, while Norwegian software firm Visma may also delay its potential $20 billion listing in London due to the ongoing selloff.
- Investor Sentiment Fluctuates: While some investors view the current situation as a buying opportunity for software companies, overall market sentiment remains driven by uncertainty, leading to valuation pressures for many firms and the potential for more take-private transactions in the future.
See More
OneStream Executive's Large Stock Sale Raises Concerns
- Executive Stock Transaction: On January 16, 2026, OneStream's Chief Revenue Officer Ken Hohenstein exercised 120,000 stock options and sold them in an open market transaction valued at approximately $2.8 million, reflecting his sensitivity to market dynamics and confidence in the company's future.
- Significant Trade Size: This transaction, involving 120,000 shares, significantly exceeds Hohenstein's recent median sale size of 40,000 shares, accounting for 6.31% of his direct holdings, indicating his assessment of market liquidity and stock price outlook.
- Indirect Holdings Unaffected: Hohenstein's indirect holdings, primarily through the Hohenstein Purple Elephant Trust, remain unchanged at 790,279 shares, currently valued at approximately $18.66 million, demonstrating his continued trust in the company's long-term value.
- Risks Amid Privatization: OneStream is set to be acquired by Hg Capital in the first half of 2026, and while the deal has been announced, ongoing investigations regarding fairness and fiduciary breaches may impact investor confidence, necessitating caution for potential investors.
See More
OneStream Executive Sells Shares Amid Plans to Go Private
- Executive Stock Sale: On January 16, 2026, OneStream's Chief Revenue Officer Ken Hohenstein exercised 120,000 stock options and sold them for approximately $2.84 million, with a weighted average purchase price of $23.63, reflecting executive confidence in the company's future.
- Privatization Plans: OneStream is set to go private in the first half of 2026 following its acquisition by Hg Capital, indicating a strategic restructuring aimed at enhancing market competitiveness.
- Investigation Risks: Ongoing investigations surrounding the acquisition raise concerns about fairness and fiduciary duties, potentially impacting investor confidence, thus caution is advised for those considering investment in OS.
- Trust Holdings: Hohenstein indirectly holds 790,279 shares through his trust, valued at approximately $18.66 million, highlighting his significant financial stake in the company, which may influence future decisions.
See More
OneStream's CRO Exercises 120K Options Amid Share Surge
- Transaction Overview: On January 16, 2026, OneStream's Chief Revenue Officer Ken Hohenstein exercised 120,000 stock options and sold them in an open-market transaction valued at approximately $2.8 million, reflecting confidence in the company's future prospects.
- Scale Analysis: This transaction, involving 120,000 shares, significantly exceeds Hohenstein's recent median sale size of 40,000 shares, indicating a positive response to market dynamics and optimism about the company's stock price.
- Holding Status: Post-transaction, Hohenstein directly holds 990,961 shares valued at approximately $23.4 million, representing 6.31% of his direct holdings, demonstrating his strong investment confidence in the company.
- Company Outlook: OneStream is set to go private in the first half of 2026, and despite ongoing investigations regarding the acquisition, its strong market position and customer base in the financial software sector suggest that investors should carefully assess potential risks and opportunities.
See More
OneStream to Release Q4 and Full-Year 2025 Financial Results on February 26
- Earnings Release Schedule: OneStream plans to announce its Q4 and full-year 2025 financial results on February 26, 2026, after market close, reflecting the company's ongoing commitment to financial transparency and investor communication.
- Acquisition Agreement Context: This earnings release comes in the wake of OneStream's definitive agreement to be acquired by Hg, highlighting the importance of the company's financial performance and operational results prior to the acquisition.
- Customer Base and Market Position: With over 1,700 customers, including 18% of the Fortune 500, OneStream demonstrates a strong market position and customer trust in the enterprise finance management platform sector.
- Technological Innovation and Strategic Vision: OneStream's Digital Finance Cloud integrates financial and operational data while embedding AI technology, aiming to empower CFOs to drive business strategy and enhance decision-making efficiency and productivity, showcasing its forward-looking approach in modern finance management.
See More
Upcoming Tech Acquisitions: 6 Stocks Poised to Gain.
- Potential Buyout Candidates: A number of technology companies are being considered for potential buyout offers.
- Investor Opportunities: Investors may benefit financially when these buyout deals are officially announced.
See More
Software Stock Selloff Impacts IPOs and M&A Activity
- Market Volatility Intensifies: Software stocks have dropped approximately 25% over the past three months, leading to a slowdown in M&A and IPO activities as investor confidence in valuations wanes, making negotiations more cautious on both sides.
- Increased Deal Difficulty: Financial advisors report that the instability in the market complicates deal-making, with many companies opting not to sell at depressed prices, predicting that numerous transactions may break apart or be delayed in the coming weeks.
- IPO Postponements: Under current market conditions, Blackstone-backed Liftoff Mobile has decided to postpone its planned IPO, while Norwegian software firm Visma may also delay its potential $20 billion listing in London due to the ongoing selloff.
- Investor Sentiment Fluctuates: While some investors view the current situation as a buying opportunity for software companies, overall market sentiment remains driven by uncertainty, leading to valuation pressures for many firms and the potential for more take-private transactions in the future.
See More
OneStream Executive's Large Stock Sale Raises Concerns
- Executive Stock Transaction: On January 16, 2026, OneStream's Chief Revenue Officer Ken Hohenstein exercised 120,000 stock options and sold them in an open market transaction valued at approximately $2.8 million, reflecting his sensitivity to market dynamics and confidence in the company's future.
- Significant Trade Size: This transaction, involving 120,000 shares, significantly exceeds Hohenstein's recent median sale size of 40,000 shares, accounting for 6.31% of his direct holdings, indicating his assessment of market liquidity and stock price outlook.
- Indirect Holdings Unaffected: Hohenstein's indirect holdings, primarily through the Hohenstein Purple Elephant Trust, remain unchanged at 790,279 shares, currently valued at approximately $18.66 million, demonstrating his continued trust in the company's long-term value.
- Risks Amid Privatization: OneStream is set to be acquired by Hg Capital in the first half of 2026, and while the deal has been announced, ongoing investigations regarding fairness and fiduciary breaches may impact investor confidence, necessitating caution for potential investors.
See More
OneStream Executive Sells Shares Amid Plans to Go Private
- Executive Stock Sale: On January 16, 2026, OneStream's Chief Revenue Officer Ken Hohenstein exercised 120,000 stock options and sold them for approximately $2.84 million, with a weighted average purchase price of $23.63, reflecting executive confidence in the company's future.
- Privatization Plans: OneStream is set to go private in the first half of 2026 following its acquisition by Hg Capital, indicating a strategic restructuring aimed at enhancing market competitiveness.
- Investigation Risks: Ongoing investigations surrounding the acquisition raise concerns about fairness and fiduciary duties, potentially impacting investor confidence, thus caution is advised for those considering investment in OS.
- Trust Holdings: Hohenstein indirectly holds 790,279 shares through his trust, valued at approximately $18.66 million, highlighting his significant financial stake in the company, which may influence future decisions.
See More
OneStream's CRO Exercises 120K Options Amid Share Surge
- Transaction Overview: On January 16, 2026, OneStream's Chief Revenue Officer Ken Hohenstein exercised 120,000 stock options and sold them in an open-market transaction valued at approximately $2.8 million, reflecting confidence in the company's future prospects.
- Scale Analysis: This transaction, involving 120,000 shares, significantly exceeds Hohenstein's recent median sale size of 40,000 shares, indicating a positive response to market dynamics and optimism about the company's stock price.
- Holding Status: Post-transaction, Hohenstein directly holds 990,961 shares valued at approximately $23.4 million, representing 6.31% of his direct holdings, demonstrating his strong investment confidence in the company.
- Company Outlook: OneStream is set to go private in the first half of 2026, and despite ongoing investigations regarding the acquisition, its strong market position and customer base in the financial software sector suggest that investors should carefully assess potential risks and opportunities.
See More
OneStream to Release Q4 and Full-Year 2025 Financial Results on February 26
- Earnings Release Schedule: OneStream plans to announce its Q4 and full-year 2025 financial results on February 26, 2026, after market close, reflecting the company's ongoing commitment to financial transparency and investor communication.
- Acquisition Agreement Context: This earnings release comes in the wake of OneStream's definitive agreement to be acquired by Hg, highlighting the importance of the company's financial performance and operational results prior to the acquisition.
- Customer Base and Market Position: With over 1,700 customers, including 18% of the Fortune 500, OneStream demonstrates a strong market position and customer trust in the enterprise finance management platform sector.
- Technological Innovation and Strategic Vision: OneStream's Digital Finance Cloud integrates financial and operational data while embedding AI technology, aiming to empower CFOs to drive business strategy and enhance decision-making efficiency and productivity, showcasing its forward-looking approach in modern finance management.
See More
Upcoming Tech Acquisitions: 6 Stocks Poised to Gain.
- Potential Buyout Candidates: A number of technology companies are being considered for potential buyout offers.
- Investor Opportunities: Investors may benefit financially when these buyout deals are officially announced.
See More
