E2open Parent Holdings: Positive On Retention Gains And Mid-Market Opportunities
Portfolio Pulse from
E2open Parent Holdings (ETWO) is recommended as a buy due to stabilization in subscription revenue, improved retention rates, and growth in cross-sell momentum. Despite a 4% year-over-year revenue decline, ETWO's subscription revenue grew sequentially. The company's focus on mid-market clients offers significant long-term growth potential.
January 14, 2025 | 1:15 pm
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POSITIVE IMPACT
E2open Parent Holdings shows signs of stabilization in subscription revenue and improved retention rates, with a focus on mid-market clients for long-term growth. Despite a 4% revenue decline, the company is recommended as a buy.
The recommendation to buy ETWO is based on positive trends in subscription revenue and retention rates, which are critical for the company's growth. The focus on mid-market clients is expected to diversify revenue and capitalize on tech spending, offsetting the current revenue decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100