Key Takeaways From Alteryx Analyst Ratings
Portfolio Pulse from Benzinga Insights
Alteryx (NYSE:AYX) received mixed analyst ratings in the latest quarter with 7 analysts providing insights. The average 12-month price target is $50.36, reflecting a 21.85% increase from the previous target of $41.33. Analyst actions varied, with some maintaining, raising, or lowering their ratings and price targets. Alteryx's financial performance shows a revenue growth of 7.91% but struggles with profitability and debt management, indicating potential challenges ahead.
February 05, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Alteryx received mixed analyst ratings, with an updated average 12-month price target of $50.36. Financial metrics indicate revenue growth but challenges in profitability and debt management.
The mixed analyst ratings with a higher price target suggest a cautiously optimistic outlook for Alteryx. However, the company's financial challenges, such as below-average profitability and high debt levels, could temper investor enthusiasm in the short term. The balance between positive growth prospects and financial management issues makes the short-term impact neutral.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100