Read How Analysts Reacted To Alteryx's Q4 Results

Analysts had mixed opinions on Alteryx Inc 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 results solidly beat consensus/guide, with the full year 2022 top-line/ARR expectations ahead of the Street.
The strong results reflected accelerating new customer adds, greater G2K penetration, and favorable secular demand trends, Kidron adds.
Piper Sandler maintained Alteryx with an Overweight and raised the price target from $85 to $87 (66.6% upside).
Needham analyst Mike Cikos maintained Alteryx with a Buy and lowered the price target from $97 to $66 (26% upside).
Morgan Stanley maintained Alteryx with an Equal-Weight and reduced the price target from $89 to $81 (55% upside).
Price Action: AYX shares traded higher by 6.42% at $55.54 in the premarket on the last check Wednesday.