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home / news releases / PLAN - Anaplan: Benefits Of A Beat And Raise Tempered By Full Valuation

PLAN - Anaplan: Benefits Of A Beat And Raise Tempered By Full Valuation

Anaplan Inc.
  • Shares of Anaplan shot up 7% after reporting strong Q3 results that featured accelerating revenue growth.
  • The company has executed well amid the pandemic, and its guidance for Q4 also came in ahead of consensus.
  • Despite addressing a broad market, Anaplan also faces competition from several incumbent providers.
  • Anaplan's valuation at ~17x forward revenues is a serious inhibitor to further upside.

For further details see:

Anaplan: Benefits Of A Beat And Raise Tempered By Full Valuation
Stock Information
Company Name: Anaplan Inc.
Stock Symbol: PLAN
Market: NYSE
Website: anaplan.com
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