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AYX - Alteryx: Don't Miss Your Chance To Get It Low
August, 16 2021 07:30 AM
Alteryx Inc. Class A
Shares of Alteryx have cratered nearly 40% year-to-date as investors weighed in on the company's slowing growth profile. Shares fell a fresh ~10% after the company released disappointing guidance for Q3, despite beating Q2 estimates. On the brighter side, Alteryx is doing a good job building up a nice recurring revenue base, with ARR growing nearly 30% y/y. High margins, wide use cases and a big TAM are big draws for a company trading at only ~6x next year's revenue. For further details see:
Alteryx: Don't Miss Your Chance To Get It Low
Stock Information
Company Name:
Alteryx Inc. Class A
Stock Symbol:
AYX
Market:
NYSE
Website:
alteryx.com
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