The Latest Breaking News from AYX

The SaaS industry is expected to grow considerably this year, driven by increased adoption of cloud platforms. However, the industry has suffered a brutal sell-off lately because of the macroeconomic and geopolitical headwinds. Since the stock market is expected to remain under pressure, fundamentally weak SaaS stocks C3.ai (AI) and…

According to data from Benzinga Pro, during Q4, Alteryx's (NYSE:AYX) reported sales totaled $173.81 million. Despite a 35.31% increase in earnings, the company posted a loss of $37.55 million.

Analysts had mixed opinions on Alteryx Inc (NYSE:AYX) post Q4 beat. Alteryx is a software company that provides self-service data analytics software. Oppenheimer analyst Ittai Kidron lowered the firm's price target on Alteryx to $85 from $105 (62.9% upside) to reflect multiple realignments while keeping an Outperform rating on the shares.  The analyst notes Alteryx's Q4…

The tech market has been recovering over the past five days following its correction last month. And despite macroeconomic headwinds, big data companies are poised to outperform the broader markets, owing to robust demand. In fact, Wall Street analysts expect quality big data stocks Elastic (ESTC) and Alteryx (AYX) to…