ALTERYX

Analysis before buying or selling Alteryx shares

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Before you buy Alteryx, we suggest you learn more about this company by discovering all the information necessary for a good analysis of this stock. Indeed, we will first explain to you how to implement a quality fundamental analysis for this stock with the publications to follow in priority. We will also look at the group's activities and sources of revenue, as well as its direct competitors and recent partnerships. You will also find here some stock market data about this stock.

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ISIN code: US02156B1035

Ticker: NYSE: AYX

Index or market: NYSE

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Elements to consider before selling or buying Alteryx shares

Analysis N°1

It will be important to keep an eye on the investments made in research and development by the Alteryx group with the aim of creating new competitive and innovative software.

Analysis N°2

Of course, the competition in this sector should also be closely monitored and we will keep a close eye on the implementation of competing software and on the evolution of the market share of companies in this sector.

Analysis N°3

Strategic transactions carried out by the company such as partnerships, joint ventures, disposals or acquisitions will of course also be important to consider.

Analysis N°4

Finally, it will also be necessary to closely follow all the financial results of the Alteryx group with the quarterly, half-yearly and annual publications. It is important to compare these results with analysts' expectations as well as with the targets set by the group in its growth plan.

Analysis before buying or selling Alteryx shares

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General presentation of Alteryx

Let's now go a little further in our discovery of the company Alteryx with a more complete presentation of this group and its activities. This will allow you to better understand how this company can face its future challenges and threats and what are its future growth opportunities.

Alteryx Group Inc is an American company specializing in the IT sector. More specifically, this company provides self-service data analysis software.

Alteryx offers a subscription-based platform that allows organizations to prepare, blend and analyze data from a variety of sources to facilitate data-driven decision making.

The group has democratized access to data for all data workers, business analysts, programmers and scientists by expanding analytical capabilities and sophistication. The Alteryx platform enables business analysts to visualize underlying data, metadata and applied analytics at any stage of the process. It is designed to interact with a wide variety of traditional data sources. The platform is also capable of handling data from cloud applications such as Google Analytics, Marketo, NetSuite, Salesforce and Workday as well as social media such as Facebook and Twitter.

This platform consists of Alteryx Designer, Alteryx Server, Alteryx Connect and Alteryx Promote. The American group currently employs 1,450 people.

The major competitors of Alteryx

Let's find out who are the main competitors of Alteryx in its field of activity:

IBM

The American multinational group IBM is active in the fields of computer hardware, software and IT services.

SAP

SAP AG is a German company that has developed an enterprise resource planning system whose name has changed several times over time and in recent years.

Informatica Corporation

This other American company is an independent provider of data integration solutions. It was founded in 1993 and today has over 4,500 customers worldwide with a presence in 26 countries. The group provides companies with reliable data to meet their business requirements.

Microsoft Corporation

Of course, the giant Microsoft, created by Bill Gates in 1975, is a serious competitor of Alteryx and one of the main companies in this sector. If its main activity remains the development of operating systems, the group also publishes software and derived hardware products.

Qlik

Finally, the American company Qlik is based in Radnor, USA and is the publisher of Qlik View and Qlik Senses which are business intelligence and data visualization software. The company was publicly traded on the Nasdaq market until 2016 when it was acquired by Thoma Bravo LLC.

The major partners of Alteryx

Let's move on to the strategic partnerships set up by Alteryx with two recent examples of such alliances:

PwC

In 2021, Alteryx signed a strategic partnership extension with PwC as a Global Elite Partner, combining Alteryx's analytics automation and data science capabilities with PwC's services and technologies to help accelerate the transformation of organizations in the Asia Pacific (APAC) and Europe, Middle East and Africa regions.

Snowflake

In the same year, the group announced a strategic partnership with Snowflake with the aim of offering further integration of Alteryx's analytical automation and data science capabilities with the Snowflake platform. With this combination, customers can have automated data pipelines and faster data processing.

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Frequently Asked Questions

What are the strategic acquisitions made by Alteryx?

Alterys Group has made several major strategic acquisitions in its history with the acquisition of Semanta in 2017, the acquisition of startup Yhat in June of the same year, the acquisition of Australia's Alteryx ANZ in 2018, the acquisition of ClearStory Data in 2019, and then in the same year the acquisition of Feature Labs.

Who are the major shareholders of Alteryx?

The capital of the Alteryx group is held in part by major shareholders including Capital Research & Management with 9.19%, The Vanguard Group with 9.06%, Bares Capital Management Inc with 7.37%, Coatue Management LLC with 5.22%, Brown Capital Management with 3.72%, Credit Suisse Securities with 2.95%, Whale Rock Capital Management with 2.89%, BlackRock Fund Advisors with 2.49%, Alkeon Capital Management with 2.19% and Jericho Capital Asset Management with 2.07%.

How can I find out the future share price of Alteryx?

If it is not possible to know precisely how the Alteryx share will evolve in the more or less long term, technical and fundamental analysis can help you to obtain signals of rise or fall of this value according to the elements of the current events and the indicators and graphic movements. You can also perform other analyses such as a competitive analysis.

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