Is It Too Late to Buy Alteryx Stock?
Share prices of (NYSE: AYX) sank 18% on Aug. 8 after the data analytics company posted a mixed second-quarter report. Its revenue rose 4% year over year to $188 million and beat analysts' estimates by $6 million. It narrowed its adjusted net loss from $32 million to $26 million, or $0.37 per share, which also cleared the consensus forecast by $0.30.
Those headline numbers weren't disastrous, but Alteryx issued a grim outlook for the third quarter and significantly reduced its full-year guidance. Let's take a closer look at those challenges to see if it's too late to buy Alteryx's battered stock.
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Source Fool.com
Alteryx Inc Stock
€44.40
-0.450%
With 10 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 53 € shows a slightly positive potential of 19.37% compared to the current price of 44.4 € for Alteryx Inc.
