AYX - Alteryx - Will It Be A Phoenix Or Some Other Kind Of Bird?

• Alteryx shares have fallen out of favor with growth investors after reporting a disappointing quarter and providing very cautious guidance.
• Unlike many other software companies, Alteryx has forecast that its results will be pressured by the economy through the balance of this year.
• Depending on specific estimates, for the first time in many years, Alteryx shares have reached bargain levels in terms of EV/S valuation.
• There is no evidence that the longer term future for analytics has dimmed, and indeed it is part of the digital transformation revolution whose adoption, overall, has probably been accelerated as part of user reaction to the pandemic.
• Alteryx continues to maintain its leadership in its space and has been able to expand its TAM by adding features and functions to its core platform.

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