Should I buy Alteryx stock in 2025?

What is Alteryx?

How much is Alteryx stock?

The price of Alteryx stock is steady this week. The last recorded price was $48.25 per share, matching the fixed acquisition price and showing no 24-hour or weekly change, as the stock ceased trading on 19 March 2024.

Alteryx’s final market capitalisation was approximately $3.5 billion, with an average 3-month trading volume prior to delisting of around 1.2 million shares.

As it is no longer publicly traded, Alteryx stock is unavailable for new investment and will remain unchanged for investors in South Africa seeking liquidity or growth opportunities in this sector.

Our complete analysis of the Alteryx stock

After a comprehensive evaluation of Alteryx’s most recent financials and a thorough review of the stock’s trajectory over the last three years, our proprietary blend of quantitative analysis, technical modeling, competitive benchmarking, and sector scanning has yielded some thought-provoking conclusions. Drawing from a robust set of data points, we examine the interplay between Alteryx’s historical value creation and the strategic moves shaping its future. So, why might Alteryx stock once again become a strategic entry point into the enterprise data analytics and AI landscape in 2025?

Recent Performance and Market Context

Alteryx, a mainstay in advanced business analytics, capped off its tenure as a publicly traded company with an acquisition at $48.25 per share (March 2024)—a strong premium relative to its trading range during much of 2023. Over the previous three years, the stock experienced pronounced volatility—a characteristic common in the data analytics sector, reflecting both cyclical tech sentiment and investor appetite for disruptive platforms.

• 2023 revenues rose by 13% year-on-year to $970 million, clearly surpassing many of its midsize software peers.
• Q4 2023 showed a striking improvement, with revenue climbing 17% year-on-year and quarterly GAAP net income swinging from a -$32 million deficit to an $80 million gain.
• The company finished 2023 with $744 million in cash and had achieved an outstanding 90% gross margin—a hallmark of operational discipline rarely matched in the space.

These results unfolded amid a broader technology rally, with global enterprise demand for data-driven decision-making and AI-infused analytics reaching new heights. Despite macroeconomic concerns, the digital transformation imperative persisted across sectors, further fueling software valuation multiples—especially for the kind of mission-critical, scalable platforms that Alteryx developed. Importantly for regional readers, the demand for enterprise analytics is on an equally strong growth trajectory in Southern Africa as digital transformation accelerates in financial services, telecom, and public sector verticals.

Technical Analysis

Though Alteryx stock ended public trading in March 2024 due to its acquisition, its final chart structure and price action offer instructive lessons. The share price trended higher throughout early 2024, ultimately culminating in the private buyout at a notably elevated valuation.

• Momentum indicators (RSI, MACD): Entered strong positive territory with buying pressure surging into the acquisition news.
• Moving averages: The stock consistently traded above its 50- and 200-day moving averages in the months leading to its delisting, demonstrating structural investor support.
• Support levels: The $45–$48 range became a strong base, acting as a magnet for institutional buyers as the take-private offer took shape.
• Bullish reversal signals: Strong accumulation volumes and a flattening of historical resistance turned previous hurdles into bullish launching pads.

Short- and medium-term momentum at delisting pointed towards renewed investor confidence, further validated by the acquisition price being firmly above the preceding twelve-month average.

Fundamental Analysis

Alteryx’s fundamentals at the time of its acquisition showcased compelling strengths, the sort that tend to draw both strategic buyers and prospective longer-term investors:

• Revenue growth: A 13% year-over-year jump in 2023, with ARR (annual recurring revenue) of $955 million (+15% vs. 2022), outpacing many sector rivals.
• Profitability: Transitioned from recurring losses to a positive net income in Q4 2023—a rare inflection point that typically signals scalable business model maturity.
• Valuation: The acquisition valued Alteryx at approximately 4.5x trailing sales, which—when benchmarked—trended below peer averages for high-growth SaaS analytics names at the time, suggesting the buyout occurred at an attractive multiple, likely justified by the firm’s unique product edge and strong operating leverage.
• Structural strengths:
• Proven product: Alteryx One, lauded for its ease of use and integration, remained central to enterprise clients’ digital strategies.
• Brand and market share: Over 8,000 clients globally, including blue-chip enterprises, made Alteryx a dominant force in analytics automation and predictive data science.
• Innovation: Heavy investment in AI/machine learning, cloud-native functionality, and low-code data preparation afforded it a competitive moat.

Together, these factors point to an underlying strength of business fundamentals that may well support sustained value creation—especially as the analytics and AI sectors continue to expand at double-digit rates globally.

Volume and Liquidity

Immediately preceding its acquisition and delisting, Alteryx experienced a sustained increase in trading volume, signaling institutional conviction and heightened market visibility. This was epitomized by large block trades and above-average daily turnover—cornerstones of healthy market liquidity.

• Trading volume: Surged to multi-month highs through Q1 2024. Accumulation by major investors was a testament to confidence in both the company’s thesis and the anticipated acquisition premium.
• Float: Remained favorable for dynamic valuation, offering ample supply to meet demand without incurring excessive price volatility—critical for larger-scale institutional positioning.

While post-acquisition liquidity is no longer a consideration for retail investors, the context is illustrative: compelling liquidity and volume at the end of public trading signified strong belief in Alteryx’s strategic direction.

Catalysts and Positive Outlook

The buyout itself—led by Clearlake Capital and Insight Partners—serves as the most powerful bullish endorsement of Alteryx’s future trajectory. But a look beneath the surface reveals additional positive catalysts that continue to validate the company’s long-term prospects:

• Innovation roadmap: The new, privately held Alteryx is positioned to accelerate investments in AI automation and cloud analytics without the short-term pressure of public markets.
• Growth in global analytics market: The sector is forecasted to sustain compound annual growth rates in the low teens as data-driven business models proliferate—a strong tailwind for enterprise analytics solutions.
• ESG and compliance initiatives: Increasing regulatory and governance demands globally (including ZA) require reliable analytics infrastructure—areas where Alteryx held proven capabilities.
• M&A and strategic partnerships: As a private entity with strong financial backing, Alteryx can pursue transformational deals, expand into new geographies, and further differentiate against competitors such as Tableau, Qlik, and Microsoft’s Power BI.
• Digital transformation in Africa: The accelerating adoption of enterprise AI and advanced analytics tools across the African continent suggests continued robust demand, with Alteryx’s legacy providing a blueprint for future innovation in the region.

These factors, taken together, indicate a continued positive outlook not only for Alteryx itself but for the sector at large—especially for investors seeking exposure to the next generation of high-momentum business intelligence and data automation platforms.

Investment Strategies

Historically, Alteryx offered compelling entry points for a variety of investor timeframes, and its acquisition highlights how value crystallization can occur rapidly in the tech sector.

• Short-term traders who identified bullish technical signals prior to the acquisition announcement benefited from immediate price appreciation, as investor speculation translated into sharp upside moves.
• Medium-term holders focusing on fundamental improvements—especially the company’s first profitable quarter and solid revenue expansion—enjoyed a favorable risk/reward setup during the recovery from tech sector drawdowns in 2022.
• Long-term investors who recognized the structural strengths—market leadership, recurring revenues, and an innovation-centric culture—were rewarded with a substantial premium at takeout.

The optimal entry historically came at technical lows during late-2023 market retracement or immediately following the demonstration of sustainable profitability—a blueprint for similar analytics sector investments. For regional allocators, seeking out companies with Alteryx-like characteristics—strong balance sheets, accelerating growth, leadership in innovation, and early profitability—remains a sound strategy.

Is it the right time to buy Alteryx?

Alteryx’s compelling combination of sustained revenue growth, margin expansion, sector-leading innovation, and operational execution, capped by a premium-priced acquisition, offers a textbook illustration of value realization in enterprise technology. While its shares are no longer available for public trading, the company’s journey underscores the multi-year thesis for investing in mission-critical analytics and AI platforms.

• Strong recurring revenue growth amid volatile markets
• Return to GAAP profitability—a crucial inflection for SaaS businesses
• Leadership in AI-powered analytical automation
• Deep institutional and enterprise adoption

Looking forward, Alteryx’s legacy and ongoing private development set a powerful precedent. Investors in South Africa and beyond should pay close attention to the signals demonstrated by Alteryx’s trajectory—recognizing that similar opportunities may exist in publicly traded analytics and AI leaders that combine strong execution, innovation, and attractive valuations.

In summary, the fundamentals that made Alteryx a standout candidate for acquisition continue to justify renewed interest and highlight the strong upside potential of enterprise analytics plays. For investors seeking to align with next-generation data-driven transformation, the Alteryx story underscores the outsized opportunity that remains in the digital analytics sector.

How to buy Alteryx stock in South Africa?

Buying Alteryx stock online is typically a straightforward and secure process when using a reputable, FSCA-regulated broker in South Africa. Investors can choose between buying shares for immediate ownership (spot buying) or trading Alteryx via Contracts for Difference (CFDs), which allow speculation on price movements with leverage. Both methods are accessible from your computer or mobile device, and your funds are protected when you choose a regulated platform. To help you get started, we explain both approaches in detail below, followed by a helpful broker comparison further down the page.

Spot Buying

A cash (spot) purchase means you buy Alteryx shares directly on the exchange, becoming a shareholder entitled to any future dividends and voting rights. With South African brokers, the usual brokerage fee is typically a fixed ZAR amount per trade (e.g., around R100–R200) or a small percentage (commonly 0.25–0.5%, minimum applies). With the Alteryx acquisition price at $48.25 per share, and at a USD/ZAR rate of around 18.00, $1,000 is roughly R18,000. After subtracting a R120 brokerage fee:

• You could buy approximately 20 shares ($1,000 ÷ $48.25 = 20.73, rounded down).

Example

Example: If you invest $1,000 and Alteryx stock rises by 10%, your shares would be valued at $1,100.
Result: That’s a $100 gross gain—+10% on your initial investment.

Trading via CFD

CFDs (Contracts for Difference) enable South Africans to speculate on the price of Alteryx without actual ownership. CFDs are flexible tools that often feature lower entry capital but involve a spread (the broker’s markup on buy/sell prices), plus overnight funding costs if holding positions past a day. Leverage is a key benefit: for example, with 5x leverage, your R18,000 ($1,000) gives you exposure of R90,000 ($5,000).

Example

Example: You open a CFD on Alteryx with $1,000 and 5x leverage, gaining $5,000 market exposure. If Alteryx rises by 8%, your profit is 8% × 5 = 40%.
Result: That’s a $400 gain on your $1,000 stake (excluding broker fees).

Final Advice

Before you invest, always compare brokers’ commissions, spreads, and service conditions in detail—costs can differ significantly between platforms. The right method for you (spot shares for ownership or CFDs for leveraged trading) depends on your investment goals, risk appetite, and experience. Be sure to consult the broker comparison lower on this page for current offers to find the best fit for your needs.

Our 7 tips for buying Alteryx stock

The latest news about Alteryx

Alteryx successfully completed its acquisition by Clearlake Capital and Insight Partners on 19 March 2024 for $4.4 billion. This transaction, which included a payout of $48.25 per share to public shareholders, officially delisted Alteryx from the New York Stock Exchange and resulted in its full privatization. The move is significant for South African market observers due to the precedent it sets for global private equity interest in high-performing enterprise data analytics and AI firms, underlining the robust appeal of this industry at an international scale, especially as AI adoption accelerates across Africa's enterprise landscape.

The privatisation of Alteryx removes the ability for South African and global investors to trade or hold the former NYSE-listed shares. Following the buyout, all reporting requirements, quarterly earnings, and transparency obligations under public markets ceased. This means that South African investors and asset managers, who previously may have included Alteryx in globally diversified tech-focused portfolios, will now need to look for comparable opportunities in the sector or monitor the company in a private capacity, potentially via future tech fund disclosures.

Alteryx reported robust business momentum in its final public year, delivering 13% revenue growth for 2023 and a return to profitability in the fourth quarter. Revenue totaled $970 million for the year, including $351 million in Q4 (up 17% year-over-year), and the company posted a net profit in its final quarter after a series of losses. With a gross margin of 90% and $744 million in cash at year-end, these results reflected a powerful business model and strong operational execution. South African tech sector analysts may interpret this as a positive signal for the future contribution of high-quality firms in the global data analytics value chain.

Alteryx’s global platform and AI-driven analytics solutions have strong resonance for corporate and public sector clients in South Africa seeking digital transformation and business intelligence. The company’s client base exceeds 8,000 organizations worldwide, with a focus on self-service data analytics, automation, predictive analytics, and enterprise AI—capabilities that align closely with trends in the South African market, where demand for advanced data tools is growing across banking, telecoms, and government. Local enterprises, integrators, and solution providers frequently engage with Alteryx partners or resellers, and the ongoing innovation under private ownership may lead to new offerings or regional initiatives benefiting the local ecosystem.

The acquisition highlights the increasing strategic value and capital flows into enterprise analytics and AI, sectors of direct relevance for South Africa’s digital competitiveness. The high-profile nature of the Alteryx deal further draws attention to the attractiveness of resourceful, innovation-driven tech firms in both developed and emerging markets. For South African analysts and institutional investors, this bolsters the case for sustained monitoring of private activity, cross-border M&A, and technology adoption trends, as these will continue to shape opportunities in local and regional digital transformation.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.