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%
Based on 3 Buy predictions and 2 Sell predictions the sentiment towards Alteryx Inc is rather balanced.
On the other hand, the target price of 40 € is below the current price of 44.4 € for Alteryx Inc, so the potential is actually -9.91%.
