Recent investor marks have pressured Canva’s valuation, with Blackbird and Airtree reducing holdings to $34.9 billion in August 2026 and T. Rowe Price implying $38.2 billion, down 9% year-to-date amid slower revenue growth. The company revised its full-year forecast to 20% growth from 30% due to elevated AI infrastructure costs, even as monthly active users reached 240 million and AI tool usage surged. Secondary-market quotes hover near $30–37 billion, with implied valuations around $37 billion as of late September. No major funding rounds, tender offers, or IPO filings are scheduled before October 31, limiting catalysts that could shift private-market pricing in the near term.