Analyst Derrick Wood from Cowen & Co. reiterated a Market Perform rating on Tableua Software Inc (NYSE:DATA) ahead of its earnings release tomorrow. A key for growth re-acceleration is user/wallet expansion, but DATA is caught in the middle of two paths of expansion. On one hand they can drive for greater volume of Desktop sales to casual information users or they can focus on the more experienced users and strengthen its presence with developers. Additionally, Power BI has forced Tableua to offer more discounts to get less sophisticated users and Wood is worried that the company discounted too much.
According to TipRanks, Wood has a success rate of 53% with an average loss of (0.1%) per recommendation.