Despite most consumers knowing SurveyMonkey (SVMK) as a simple survey creation engine, over the past few years since its IPO SurveyMonkey has evolved into more of a full-fledged enterprise software company, retaining its original survey-taking capabilities while focusing on becoming an all-in-one customer experience and market research suite. The company remains one of the top examples of a balanced growth/profitability player in the software sector, while also retaining a relatively modest valuation.
SurveyMonkey has done well versus the broader market this year, but its ~20% gains since January actually lag behind the performance