Alteryx Inc (AYX) Stock Forecast & Predictions

Alteryx Inc - Class A AYX: $84.54

3345 Michelson Dr Ste 400, Irvine, California, US. | Sector: Information | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.alteryx.com/

  • Market Cap$4.94B
  • Change (52 Weeks)-27.89%
  • Low (52 Weeks)$77.05
  • Alteryx Inc (AYX) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 0.00% are on Buy, 50.00% on Sell, and 50.00% Neutral.

    According to the market data, Alteryx Inc (AYX) stock price is $84.54 and the 52 weeks low is $77.05, which means the Alteryx Inc stock price is down -27.89% in the last 12 months.

    Alteryx Inc (AYX) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 0.00% are indicating that AYX Stock price might rise further, 50.00% indicating that AYX Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall AYX stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Alteryx Inc (AYX) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Alteryx Inc (AYX) is based on 23 Institutional Analyst Ratings where 39.13% are on Strong Buy, 26.09% on Moderate Buy, 30.43% remains on Hold, 0.00% are on Moderate Sell and 4.35% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended AYX stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Alteryx Inc.

    Alteryx Inc (AYX) Stock Price Prediction By Analysts


    HighLowAverage
    $174.30$73.73$138.72
    $138.7264.09% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for AYX set by the institutional analysts is $138.72 where High Estimate is $174.30, Median $150.45 and Low $73.73.

    The average price target for AYX by Institutional Analysts is $138.72, which is 64.09% Upside from the current price. So according to the Institutional Analysts, AYX Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Alteryx Inc (AYX) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with AYX stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about AYX and holding their positions hoping for a further rise in the stock price and more profit.

    Alteryx Inc (AYX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightInitiated
    RosenblattBuyMaintained
    NeedhamBuyMaintained
    Truist SecuritiesBuyInitiated
    RosenblattBuyInitiated
    KeyBancSector WeightInitiated
    Piper SandlerOverweightMaintained
    NeedhamBuyMaintained
    Loop CapitalHoldInitiated
    Piper SandlerOverweightMaintained
    NeedhamBuyMaintained
    Piper SandlerOverweightMaintained
    NeedhamBuyMaintained
    NeedhamBuyMaintained
    Piper SandlerOverweightUpgraded
    NeedhamBuyMaintained
    Cowen & Co.OutperformMaintained
    RosenblattNeutralMaintained
    CitigroupBuyMaintained
    NeedhamBuyMaintained
    JP MorganUnderweightDowngraded
    Piper SandlerNeutralMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    WedbushOutperformMaintained
    RosenblattNeutralMaintained
    Piper SandlerNeutralMaintained
    NeedhamBuyMaintained
    Cowen & Co.OutperformReiterated
    NeedhamBuyMaintained
    Piper SandlerNeutralMaintained
    Piper JaffrayNeutralInitiated
    DA DavidsonNeutralMaintained
    Bank of AmericaBuyMaintained
    CitigroupBuyMaintained
    WedbushOutperformUpgraded
    RosenblattNeutralInitiated
    Compass PointBuyInitiated
    KeyBancOverweightMaintained
    Bank of AmericaBuyMaintained
    GuggenheimBuyInitiated
    OppenheimerOutperformMaintained
    KeyBancOverweightMaintained
    NeedhamBuyReiterated
    Goldman SachsBuyInitiated
    WedbushNeutralMaintained
    KeyBancOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    CitigroupBuyMaintained
    WedbushNeutralMaintained
    KeyBancOverweightMaintained
    WedbushNeutralDowngraded
    Raymond JamesMarket PerformDowngraded
    WedbushOutperformInitiated
    Raymond JamesOutperformMaintained
    KeyBancOverweightMaintained
    CitigroupBuyMaintained
    OppenheimerOutperformMaintained
    KeyBancOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    CitigroupBuyMaintained
    DA DavidsonNeutralInitiated
    KeyBancOverweightMaintained
    CitigroupBuyInitiated
    OppenheimerOutperformInitiated
    KeyBancOverweightUpgraded
    NeedhamBuyInitiated
    KeyBancSector WeightDowngraded
    Cowen & Co.OutperformMaintained
    Bank of AmericaBuyMaintained
    Goldman SachsNeutralDowngraded
    KeyBancOverweightMaintained
    Bank of AmericaBuyMaintained
    Bank of AmericaBuyInitiated
    William BlairOutperformInitiated
    Raymond JamesOutperformInitiated
    KeyBancOverweightInitiated
    JMP SecuritiesMarket OutperformInitiated
    Goldman SachsBuyInitiated
    Cowen & Co.OutperformInitiated

    Alteryx Inc (AYX) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.207
    The average consensus EPS for AYX is $-0.207 with a high estimate of $-0.084 and Low of $-0.431 for the period 2021-06-30 and based on 21 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.39$0.142743300000000022020-09-30


    The latest average Earning Per Share Estimate for Alteryx Inc is $-0.21, which is lower than AYX's last EPS, $0.39. This means that Analysts are expecting Alteryx Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Alteryx Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.39$0.142743300000000022020-09-30
    $0.02$-0.14167272020-06-30
    $-0.1$-0.0900922020-03-31
    $0.64$0.295677500000000042019-12-31
    $0.24$0.08652672019-09-30
    $0.01$-0.0582163999999999952019-06-30
    $0.04$-0.07549752019-03-31
    $-0.01$-0.01779622018-12-31
    $0.08$-0.04793462018-09-30
    $-0.09$-0.10546422018-06-30
    $-0.01$-0.06621562018-03-31
    $0.02$-0.0265124999999999982017-12-31
    $0.02$-0.084587500000000012017-09-30
    $-0.09$-0.12985572017-06-30
    $-0.08$-0.18901142017-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).