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home / news releases / AYX - Alteryx: The Bullish Case


AYX - Alteryx: The Bullish Case

Alteryx (AYX) hasn't scratched the surface of how big it can become. I believe there are still ample opportunities to grow revenue from the rapidly evolving data analytics market. The company has a lot of opportunities to grow outside the United States. This, coupled with the initiatives to improve margins, will continue to sustain valuation in the coming quarters. I rate Alteryx a BUY with a price target of $124.

Demand

The data science market is valued at $49 billion. Alteryx estimates its total addressable market at 9 million potential enterprise users. At

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Stock Information

Company Name: Alteryx Inc. Class A
Stock Symbol: AYX
Market: NYSE
Website: alteryx.com

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