- Alteryx is one of the lesser-known tech stocks which has divebombed from its unreasonable all-time-high, with shares down 59%.
- There is genuine uneasiness around Alteryx which seems misplaced, when considering its improving fundamentals.
- Growth is back on track. Following a shake of up management, ARR is back to 30%.
- Falling demand may be a concern in the short-term, but the long-term prospects of the business are lucrative.
- At its current valuation, we rate Alteryx a cautious Buy.
For further details see:
Alteryx: Amazing Products Will Mean Long-Term Growth