- Talend's improved prospect in the data analytics space is worth watching.
- The improved momentum YTD points to the market's conviction in its growth outlook and revamped strategy.
- I expect Talend to continue to benefit from favorable trends (cloud migration, data transformation) in addition to its focus on improving efficiency and cash flows.
- Relative to other SaaS peers, valuation remains modest at an EV/S of 6.2x.
- The long-term prospects for data analytics/management platforms is promising. This makes the case for multiple expansion attractive, assuming sustained double-digit growth in the coming years.
For further details see:
Talend: Turning The Corner