Tearsheet

Teradata (TDC)


Market Price (4/11/2026): $24.75 | Market Cap: $2.3 Bil
Sector: Information Technology | Industry: IT Consulting & Other Services

Teradata (TDC)


Market Price (4/11/2026): $24.75
Market Cap: $2.3 Bil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.7%, FCF Yield is 12%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%

Megatrend and thematic drivers
Megatrends include Artificial Intelligence, and Cloud Computing. Themes include AI Software Platforms, Software as a Service (SaaS), Show more.

Weak multi-year price returns
2Y Excs Rtn is -67%, 3Y Excs Rtn is -106%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.0%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.5%

Key risks
TDC key risks include [1] losing legacy customers to intense competition during a slow and difficult cloud transition, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.7%, FCF Yield is 12%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%
2 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, and Cloud Computing. Themes include AI Software Platforms, Software as a Service (SaaS), Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -67%, 3Y Excs Rtn is -106%
4 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.0%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.5%
6 Key risks
TDC key risks include [1] losing legacy customers to intense competition during a slow and difficult cloud transition, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Teradata (TDC) stock has lost about 20% since 12/31/2025 because of the following key factors:

1. Post-earnings re-evaluation and tempered future outlook following Q4 2025 results. Teradata reported strong fourth-quarter 2025 earnings on February 10, 2026, with an EPS of $0.74, significantly beating the consensus estimate of $0.55 by 34.55% to 57.45%, and quarterly revenue increasing 2.9% year-over-year to $421 million, surpassing expectations. However, an initial stock surge, reaching a 52-week high around $41.78 after the announcement, was followed by a sustained decline. This suggests that despite the beat, the company's 2026 financial outlook, which included a projected slight decrease in EPS for the next year by -0.76% (from $1.31 to $1.30 per share), may have tempered investor enthusiasm and led to a post-earnings sell-off.

2. Broader technology sector and macroeconomic headwinds. The first quarter of 2026 saw a "meaningful market pullback," influenced by macroeconomic factors such as geopolitical conflict, persistent inflation, and evolving tariff policies. The technology sector, in particular, faced increased scrutiny regarding high valuations, with the Information Technology sector trading at a forward price-to-earnings ratio of approximately 21.1x, and investors focusing more on how substantial AI infrastructure investments will translate into sustainable returns. This broader market sentiment contributed to a challenging environment for tech stocks like Teradata.

Show more

Stock Movement Drivers

Fundamental Drivers

The -19.3% change in TDC stock from 12/31/2025 to 4/10/2026 was primarily driven by a -27.8% change in the company's P/E Multiple.
(LTM values as of)123120254102026Change
Stock Price ($)30.4424.56-19.3%
Change Contribution By: 
Total Revenues ($ Mil)1,6511,6630.7%
Net Income Margin (%)7.1%7.8%9.4%
P/E Multiple24.317.6-27.8%
Shares Outstanding (Mil)94931.4%
Cumulative Contribution-19.3%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/10/2026
ReturnCorrelation
TDC-19.3% 
Market (SPY)-5.4%24.9%
Sector (XLK)-0.9%26.7%

Fundamental Drivers

The 14.2% change in TDC stock from 9/30/2025 to 4/10/2026 was primarily driven by a 19.0% change in the company's Net Income Margin (%).
(LTM values as of)93020254102026Change
Stock Price ($)21.5124.5614.2%
Change Contribution By: 
Total Revenues ($ Mil)1,6751,663-0.7%
Net Income Margin (%)6.6%7.8%19.0%
P/E Multiple18.617.6-5.8%
Shares Outstanding (Mil)95932.6%
Cumulative Contribution14.2%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/10/2026
ReturnCorrelation
TDC14.2% 
Market (SPY)-2.9%26.3%
Sector (XLK)1.4%26.4%

Fundamental Drivers

The 9.3% change in TDC stock from 3/31/2025 to 4/10/2026 was primarily driven by a 20.0% change in the company's Net Income Margin (%).
(LTM values as of)33120254102026Change
Stock Price ($)22.4824.569.3%
Change Contribution By: 
Total Revenues ($ Mil)1,7501,663-5.0%
Net Income Margin (%)6.5%7.8%20.0%
P/E Multiple18.817.6-6.8%
Shares Outstanding (Mil)96932.8%
Cumulative Contribution9.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/10/2026
ReturnCorrelation
TDC9.3% 
Market (SPY)16.3%40.2%
Sector (XLK)38.8%39.8%

Fundamental Drivers

The -39.0% change in TDC stock from 3/31/2023 to 4/10/2026 was primarily driven by a -85.9% change in the company's P/E Multiple.
(LTM values as of)33120234102026Change
Stock Price ($)40.2824.56-39.0%
Change Contribution By: 
Total Revenues ($ Mil)1,7951,663-7.4%
Net Income Margin (%)1.8%7.8%325.2%
P/E Multiple124.117.6-85.9%
Shares Outstanding (Mil)102939.5%
Cumulative Contribution-39.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/10/2026
ReturnCorrelation
TDC-39.0% 
Market (SPY)63.3%39.1%
Sector (XLK)92.6%36.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
TDC Return89%-21%29%-28%-2%-17%12%
Peers Return35%-36%53%26%29%-18%79%
S&P 500 Return27%-19%24%23%16%-0%82%

Monthly Win Rates [3]
TDC Win Rate50%33%50%50%58%25% 
Peers Win Rate63%28%65%55%52%30% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
TDC Max Drawdown-1%-32%-3%-44%-38%-19% 
Peers Max Drawdown-11%-45%-5%-12%-21%-24% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SNOW, AMZN, MSFT, GOOGL, ORCL. See TDC Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/10/2026 (YTD)

How Low Can It Go

Unique KeyEventTDCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-50.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven102.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-33.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven50.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven309 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-48.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven95.3%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven454 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-60.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven153.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven343 days1,480 days

Compare to SNOW, AMZN, MSFT, GOOGL, ORCL

In The Past

Teradata's stock fell -50.6% during the 2022 Inflation Shock from a high on 10/25/2021. A -50.6% loss requires a 102.4% gain to breakeven.

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About Teradata (TDC)

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, a data platform that allows companies to leverage their data across an enterprise, as well as connects various sources of data to drive ecosystem simplification and support customers on their journey to the cloud through an integrated migration. Its business consulting services include support services for organizations to establish a data and analytic vision, and identify and operationalize analytical opportunities, as well as enable a multi-cloud ecosystem architecture and ensure the analytical infrastructure delivers value. In addition, it offers support and maintenance services. The company serves clients in financial services, government, healthcare, manufacturing, retail, telecommunications, and travel/transportation sectors through a direct sales force in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Teradata Corporation was incorporated in 1979 and is headquartered in San Diego, California.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Teradata (TDC):

  • Snowflake for Fortune 500 data analytics.
  • Oracle for multi-cloud enterprise data analytics.

AI Analysis | Feedback

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  • Teradata Vantage: A connected multi-cloud data platform designed for enterprise analytics, enabling companies to leverage their data and support their journey to the cloud.
  • Business Consulting Services: Services provided to help organizations establish data and analytic visions, identify and operationalize analytical opportunities, and enable multi-cloud ecosystem architectures.
  • Support and Maintenance Services: Ongoing services that provide support and maintenance for Teradata's data platforms and solutions.
```

AI Analysis | Feedback

Teradata (TDC) primarily sells its data platform and services to other companies, rather than individuals. Based on public information and industry mentions, some of its major customers, often cited for their large-scale data needs and long-standing relationships with Teradata, include:
  • Walmart (NYSE: WMT)
  • AT&T (NYSE: T)
  • Wells Fargo (NYSE: WFC)
  • FedEx (NYSE: FDX)

AI Analysis | Feedback

  • Amazon.com, Inc. (AMZN)
  • Alphabet Inc. (GOOGL)
  • Microsoft Corporation (MSFT)

AI Analysis | Feedback

Steve McMillan, President and Chief Executive Officer

Steve McMillan was appointed President and Chief Executive Officer of Teradata in June 2020. He has a career spanning over two decades in technology leadership. Prior to joining Teradata, McMillan served as Executive Vice President of Global Services for F5 Networks. He also held senior leadership positions at Oracle, including Senior Vice President of Customer Success and Managed Cloud Services, and spent an extended career at IBM, where he consistently exceeded revenue and profit targets and drove business transformation.

John Ederer, Chief Financial Officer

John Ederer was appointed Chief Financial Officer of Teradata, effective May 12, 2025. Before joining Teradata, Ederer served as CFO of Model N, a provider of cloud revenue management solutions. He was also CFO at K2 Software, Inc., where he led a business turnaround, transitioning to subscription revenue, achieving profitability, and ultimately guiding the company through a successful sale to Nintex. Earlier in his 25+ year career, he held financial leadership roles at enterprise software companies including TIBCO Software, SAP, Business Objects, and Ariba, and began his career in investment banking as an equity research analyst.

Sumeet Arora, Chief Product Officer

Sumeet Arora was appointed Chief Product Officer of Teradata, effective April 28, 2025. He leads the product organization, overseeing engineering, product management, and quality. Prior to Teradata, Arora was the Chief Development Officer at ThoughtSpot, where he led global engineering, product, and design teams, and helped fast-track the company's transition to a SaaS platform. Before ThoughtSpot, he served as Senior Vice President and General Manager of Service Provider Networking at Cisco, where he was responsible for managing a multi-billion-dollar product portfolio and achieving significant market share growth.

Richard Petley, Chief Revenue Officer

Richard Petley was appointed Chief Revenue Officer for Teradata, effective April 5, 2024. In this role, he is responsible for the company's global sales strategy and commercial execution. He previously served as Teradata's Executive Vice President of Global Sales. Petley brings more than 20 years of senior sales experience, with prior leadership roles at Oracle Cloud, including SVP, Western Europe, and Managing Director, Oracle UK, where he drove significant growth of Oracle's cloud portfolio. He also held sales leadership positions at IBM.

Scot Rogers, Chief Administrative Officer

Scot Rogers was appointed Chief Administrative Officer of Teradata, effective June 12, 2025, in a newly created role overseeing worldwide legal and human resources operations. Prior to joining Teradata, Rogers served as Executive Vice President and General Counsel at F5, Inc. since January 2014. He held various positions of increasing responsibility in F5's legal department since 2005 and served as interim Chief Human Resources Officer. Rogers also previously served as General Counsel for Xpediate Consulting, a healthcare technology and consulting company.

AI Analysis | Feedback

Here are the key risks to Teradata's business:

  1. Intense Competition and Market Share Erosion: Teradata faces significant competition from cloud-native data warehousing providers like Snowflake and Databricks, as well as major hyperscale cloud vendors such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, which aim to own the entire data stack. This competitive pressure impacts Teradata's market position, pricing strategies (with its offerings sometimes perceived as expensive), and the required pace of innovation.
  2. Challenges in Cloud Migration and Business Transformation: Teradata is undergoing a critical transition to a cloud-first, AI-driven data platform. The company faces challenges in successfully migrating customers to its cloud and hybrid deployments, which can lead to elongated sales cycles. There is also a risk that the contraction of its legacy on-premise revenue could outpace the growth of its cloud revenue, potentially leading to an overall decline in total revenue.
  3. Cybersecurity Exposure and Regulatory Uncertainty: Teradata's annual report explicitly highlights risks related to cybersecurity threats and regulatory uncertainties, particularly concerning AI/ML and data privacy. As a data platform provider, the company must continuously navigate evolving cybersecurity landscapes and comply with complex and changing data protection and AI governance regulations across various global markets.

AI Analysis | Feedback

The primary emerging threat to Teradata comes from the comprehensive and integrated data analytics and warehousing services offered directly by hyperscale cloud providers such as Amazon Web Services (AWS) with Redshift, Google Cloud Platform (GCP) with BigQuery, and Microsoft Azure with Synapse Analytics. As enterprises accelerate their adoption of multi-cloud strategies and migrate data workloads to the cloud, these native cloud offerings provide direct competition to Teradata Vantage. These cloud-native solutions often benefit from seamless integration with other cloud services, elastic scalability, consumption-based pricing models, and continuous innovation from their respective platforms, potentially leading customers to prefer building new analytical environments directly within a hyperscaler's ecosystem rather than deploying or migrating a third-party platform like Teradata Vantage.

AI Analysis | Feedback

Teradata Corporation (TDC) operates in several significant addressable markets related to its connected multi-cloud data platform for enterprise analytics, Teradata Vantage, and its associated consulting and support services. The key addressable markets for Teradata's main products and services include: * Cloud Data Warehouse Market: The global cloud data warehouse market was valued at USD 5.68 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 23.5% from 2023 to 2030. Another estimate projects this market to grow from USD 36.31 billion in 2025 to USD 155.66 billion by 2034, with a CAGR of 17.55%. * Enterprise Analytics Software Market: The global enterprise analytics software market is projected to grow from US$226.404 billion in 2025 to US$416.205 billion by the end of 2030, at a CAGR of 12.95%. The broader global Business Analytics & Enterprise Software market is expected to reach USD 1259.19 billion by 2030, growing at a CAGR of 13.9%. * Multi-Cloud Management Market: The global multi-cloud management market size is estimated to be approximately USD 16.02 billion in 2025 and is projected to reach USD 147.12 billion by 2034, expanding at a CAGR of 27.94%. North America held the largest revenue share in this market in 2024. * Data and Analytics Consulting Services Market: The global market for data and analytics service providers is estimated to reach between USD 150 billion and USD 250 billion by 2025. This market is projected to grow at a CAGR of approximately 4% to 10% from 2025 to 2030. A more specific segment, the global Big Data Consulting Market, is estimated at USD 7.38 billion in 2025 and is expected to reach USD 13.97 billion by 2030, with a CAGR of 13.6%. North America accounts for the largest share of this market in 2025.

AI Analysis | Feedback

Teradata Corporation (TDC) anticipates several key drivers to fuel its revenue growth over the next two to three years, primarily centered around its cloud-first strategy, advanced AI capabilities, and its unique hybrid multi-cloud platform.

  1. Continued Growth in Public Cloud Annual Recurring Revenue (ARR): Teradata's strategic shift to a cloud-first model is a significant growth engine. The company reported a 15% increase in public cloud ARR in Q4 2025, reaching $701 million. Teradata is targeting low double-digit percentage growth for public cloud ARR in 2026 and has set an objective to achieve over $1 billion in cloud ARR by fiscal 2025.
  2. Expansion and Adoption of AI-Powered Solutions: Teradata is heavily investing in and launching new AI capabilities that are resonating with customers. Its "Autonomous AI and Knowledge platform" and solutions like ClearScape Analytics are highlighted as key differentiators. The company has announced new AI initiatives including the MCP (Model Context Protocol) server, Agent Builder, prebuilt agents, and an AI Factory designed for hybrid and regulated environments. Teradata also introduced Enterprise Vector Store to facilitate the combination of structured and unstructured data for AI analysis and integrates with tools like LangChain. Over 150 customer engagements operationalizing AI were reported in 2025. These AI advancements are considered a significant catalyst for growth in 2026.
  3. Leveraging its Hybrid Multi-Cloud Analytics and Data Platform: Teradata's ability to offer a true hybrid, multi-cloud solution provides a competitive advantage. This platform allows enterprises to seamlessly integrate and analyze data across public cloud environments (Amazon Web Services, Microsoft Azure, Google Cloud) and on-premises deployments, thereby reducing data silos. The company acknowledges the increasing customer interest in hybrid deployment options and prioritizes total ARR growth, which includes both cloud and on-premise subscriptions, demonstrating the traction of its flexible deployment model.
  4. Consistent Recurring Revenue Growth and Improved Go-to-Market Execution: Teradata has demonstrated consistent growth in recurring revenue, which constitutes a significant portion of its total revenue. In Q4 2025, recurring revenue grew by 5% year-over-year. For 2026, the company projects recurring revenue growth to be in the range of flat to 2% year-over-year, with a stronger anticipated growth of 6% to 8% in Q1. Management has also attributed recent growth inflections to enhanced go-to-market execution.

AI Analysis | Feedback

Share Repurchases

  • Teradata repurchased $140 million in shares during 2025, which represented 49% of its free cash flow. Approximately 5.8 million shares were repurchased at an average price of $24.34 per share under open market and dilution offset programs.
  • A new stock repurchase program of up to $500 million was approved by the Board of Directors, becoming effective on January 1, 2026, and replaces an existing program that had approximately $242.7 million of remaining authorization as of November 7, 2025.
  • For 2026, Teradata targets using 50% of its free cash flow for share repurchases.

Share Issuance

  • Teradata maintains a dilution offset program, repurchasing shares in the open market to offset those purchased by employees through various benefit plans.
  • The weighted average shares outstanding are expected to be approximately 97 million for the full year 2026 and 96.1 million for the first quarter of 2026.
  • Executives received grants of restricted share units (RSUs) as part of equity compensation, with shares sometimes withheld by the company to cover tax obligations upon vesting.

Capital Expenditures

  • Capital expenditures were reported as $19 million in the last 12 months ended December 31, 2025.
  • Historically, capital expenditures were $31 million in 2021, $16 million in 2022, $20 million in 2023, and $26 million in 2024.
  • The company is investing in research and development to support AI/ML technologies, new AI-focused products and services, and shifting investment toward product engineering and development.

Better Bets vs. Teradata (TDC)

Trade Ideas

Select ideas related to TDC.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PANW_3312026_Insider_Buying_GTE_1Mil_EBITp+DE_V203312026PANWPalo Alto NetworksInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
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ALKT_3312026_Insider_Buying_45D_2Buy_200K03312026ALKTAlkami TechnologyInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
DBX_3272026_Dip_Buyer_FCFYield03272026DBXDropboxDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
2.6%2.6%0.0%
DLB_3272026_Dip_Buyer_FCFYield03272026DLBDolby LaboratoriesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.5%3.5%0.0%
PTC_3272026_Dip_Buyer_FCFYield03272026PTCPTCDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.5%3.5%0.0%
TDC_1302026_Dip_Buyer_FCFYield01302026TDCTeradataDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-10.1%-10.1%-13.2%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

TDCSNOWAMZNMSFTGOOGLORCLMedian
NameTeradata SnowflakeAmazon.c.MicrosoftAlphabet Oracle  
Mkt Price24.56121.11238.38370.87317.24138.09188.24
Mkt Cap2.341.52,553.02,755.93,830.4396.91,475.0
Rev LTM1,6634,684716,924305,453402,83764,077184,765
Op Inc LTM205-1,43579,975142,559129,03920,67850,326
FCF LTM2851,1177,69577,41273,266-24,7364,406
FCF 3Y Avg30691724,26371,62971,842-2,22212,590
CFO LTM3051,222139,514160,506164,71323,51481,514
CFO 3Y Avg3281,010113,446129,579130,58620,83367,139

Growth & Margins

TDCSNOWAMZNMSFTGOOGLORCLMedian
NameTeradata SnowflakeAmazon.c.MicrosoftAlphabet Oracle  
Rev Chg LTM-5.0%29.2%12.4%16.7%15.1%14.9%15.0%
Rev Chg 3Y Avg-2.5%31.4%11.7%14.4%12.5%10.2%12.1%
Rev Chg Q2.9%30.1%13.6%16.7%18.0%21.7%17.4%
QoQ Delta Rev Chg LTM0.7%6.8%3.7%4.0%4.5%5.0%4.2%
Op Mgn LTM12.3%-30.6%11.2%46.7%32.0%32.3%22.2%
Op Mgn 3Y Avg11.5%-36.6%9.4%45.3%30.5%31.2%21.0%
QoQ Delta Op Mgn LTM0.8%3.6%0.1%0.4%-0.2%0.3%0.4%
CFO/Rev LTM18.3%26.1%19.5%52.5%40.9%36.7%31.4%
CFO/Rev 3Y Avg18.7%27.6%17.5%48.5%36.6%36.2%31.9%
FCF/Rev LTM17.1%23.9%1.1%25.3%18.2%-38.6%17.7%
FCF/Rev 3Y Avg17.4%25.0%3.9%27.2%20.5%-1.6%19.0%

Valuation

TDCSNOWAMZNMSFTGOOGLORCLMedian
NameTeradata SnowflakeAmazon.c.MicrosoftAlphabet Oracle  
Mkt Cap2.341.52,553.02,755.93,830.4396.91,475.0
P/S1.48.93.69.09.56.27.5
P/EBIT11.2-31.825.618.524.017.718.1
P/E17.6-31.132.923.129.024.523.8
P/CFO7.533.918.317.223.316.917.7
Total Yield5.7%-3.2%3.0%5.2%3.7%5.5%4.5%
Dividend Yield0.0%0.0%0.0%0.9%0.3%1.4%0.1%
FCF Yield 3Y Avg9.2%1.5%1.3%2.3%3.0%0.4%1.9%
D/E0.20.10.10.00.00.40.1
Net D/E0.0-0.00.0-0.0-0.00.30.0

Returns

TDCSNOWAMZNMSFTGOOGLORCLMedian
NameTeradata SnowflakeAmazon.c.MicrosoftAlphabet Oracle  
1M Rtn-10.0%-32.5%12.1%-8.4%2.8%-15.0%-9.2%
3M Rtn-22.7%-44.7%-3.6%-22.4%-3.4%-30.2%-22.6%
6M Rtn20.3%-50.0%10.2%-27.1%34.3%-52.6%-8.5%
12M Rtn19.1%-16.2%31.5%-2.0%108.3%4.6%11.9%
3Y Rtn-38.9%-13.0%138.6%34.2%203.6%52.2%43.2%
1M Excs Rtn-10.6%-33.1%11.5%-9.0%2.2%-15.7%-9.8%
3M Excs Rtn-19.3%-44.4%-1.7%-20.7%-0.9%-25.2%-20.0%
6M Excs Rtn9.8%-52.5%4.9%-30.0%28.9%-52.7%-12.5%
12M Excs Rtn-9.7%-46.1%2.9%-31.4%83.2%-24.4%-17.0%
3Y Excs Rtn-106.0%-88.3%63.1%-34.0%139.2%-13.4%-23.7%

Comparison Analyses

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Product Sales1,537    
Consulting Services296311376420431
Perpetual software licenses, hardware and other 6577107106
Recurring 1,4191,4641,3091,362
Total1,8331,7951,9171,8361,899


Price Behavior

Price Behavior
Market Price$24.56 
Market Cap ($ Bil)2.3 
First Trading Date10/01/2007 
Distance from 52W High-35.2% 
   50 Days200 Days
DMA Price$28.23$25.48
DMA Trendupdown
Distance from DMA-13.0%-3.6%
 3M1YR
Volatility77.1%57.9%
Downside Capture0.710.82
Upside Capture16.89134.46
Correlation (SPY)24.0%31.9%
TDC Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta0.281.641.531.561.271.22
Up Beta1.902.082.061.121.101.10
Down Beta-0.155.453.172.471.421.41
Up Capture-100%8%41%172%154%100%
Bmk +ve Days7162765139424
Stock +ve Days8192964126384
Down Capture125%60%103%101%122%108%
Bmk -ve Days12233358110323
Stock -ve Days14233461122359

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TDC
TDC29.3%59.1%0.63-
Sector ETF (XLK)59.7%25.3%1.8036.7%
Equity (SPY)31.2%17.3%1.4736.9%
Gold (GLD)60.1%27.8%1.691.3%
Commodities (DBC)29.8%16.6%1.586.7%
Real Estate (VNQ)21.3%15.2%1.0719.6%
Bitcoin (BTCUSD)-5.7%43.7%-0.0117.5%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TDC
TDC-9.4%47.3%-0.05-
Sector ETF (XLK)16.5%24.7%0.6039.3%
Equity (SPY)11.1%17.0%0.5040.4%
Gold (GLD)22.1%17.8%1.025.8%
Commodities (DBC)11.8%18.8%0.528.6%
Real Estate (VNQ)3.7%18.8%0.1026.5%
Bitcoin (BTCUSD)4.0%56.5%0.2914.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with TDC
TDC-0.3%45.1%0.15-
Sector ETF (XLK)21.7%24.3%0.8240.3%
Equity (SPY)13.8%17.9%0.6642.2%
Gold (GLD)14.2%15.9%0.742.8%
Commodities (DBC)8.6%17.6%0.4114.7%
Real Estate (VNQ)5.1%20.7%0.2229.3%
Bitcoin (BTCUSD)67.4%66.9%1.0711.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity12.4 Mil
Short Interest: % Change Since 315202618.5%
Average Daily Volume1.9 Mil
Days-to-Cover Short Interest6.4 days
Basic Shares Quantity92.9 Mil
Short % of Basic Shares13.3%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/10/202629.6%12.2%-8.5%
11/4/202532.6%35.4%44.2%
8/5/20258.0%1.9%1.5%
5/6/20251.8%7.3%1.0%
2/11/2025-20.3%-21.0%-28.9%
8/5/2024-14.1%-11.4%-4.2%
5/6/2024-13.8%-10.1%-15.3%
2/12/2024-21.7%-21.8%-22.0%
...
SUMMARY STATS   
# Positive121312
# Negative989
Median Positive12.0%8.6%10.4%
Median Negative-14.1%-14.8%-17.6%
Max Positive32.6%35.4%44.2%
Max Negative-21.7%-21.8%-28.9%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/27/202610-K
09/30/202511/05/202510-Q
06/30/202508/06/202510-Q
03/31/202505/07/202510-Q
12/31/202402/21/202510-K
09/30/202411/05/202410-Q
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202302/23/202410-K
09/30/202311/07/202310-Q
06/30/202308/08/202310-Q
03/31/202305/05/202310-Q
12/31/202202/24/202310-K
09/30/202211/08/202210-Q
06/30/202208/05/202210-Q
03/31/202205/06/202210-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 2/10/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Recurring Revenue Growth6.0%7.0%8.0%-450.0%9.0%RaisedGuidance: -2.0% for Q4 2025
Q1 2026 Total Revenue Growth1.0%2.0%3.0%-166.7%5.0%RaisedGuidance: -3.0% for Q4 2025
Q1 2026 GAAP EPS0.360.380.435.7% RaisedGuidance: 0.28 for Q4 2025
Q1 2026 Non-GAAP EPS0.750.770.7940.0% RaisedGuidance: 0.55 for Q4 2025
2026 Total ARR Growth2.0%3.0%4.0%200.0%2.0%RaisedGuidance: 1.0% for 2025
2026 Recurring Revenue Growth0.0%1.0%2.0%-125.0%5.0%RaisedGuidance: -4.0% for 2025
2026 Total Revenue Growth-2.0%-1.0%0.0%-83.3%5.0%RaisedGuidance: -6.0% for 2025
2026 GAAP EPS1.261.311.365.6% RaisedGuidance: 1.24 for 2025
2026 Non-GAAP EPS2.552.62.658.3% RaisedGuidance: 2.4 for 2025
2026 Free Cash Flow310.00 Mil320.00 Mil330.00 Mil18.5% RaisedGuidance: 270.00 Mil for 2025

Prior: Q3 2025 Earnings Reported 11/4/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2025 Recurring Revenue Growth-3.0%-2.0%-1.0%  Lower New
Q4 2025 Total Revenue Growth-4.0%-3.0%-2.0%  Lower New
Q4 2025 GAAP Diluted EPS0.260.280.3  Higher New
Q4 2025 Non-GAAP Diluted EPS0.530.550.57  Higher New
2025 GAAP Diluted EPS1.221.241.2614.8% RaisedGuidance: 1.08 for 2025
2025 Non-GAAP Diluted EPS2.382.42.428.6% RaisedGuidance: 2.21 for 2025
2025 Free Cash Flow260.00 Mil270.00 Mil280.00 Mil1.9% RaisedGuidance: 265.00 Mil for 2025
2025 Recurring Revenue Growth-5.0%-4.0%-3.0%00AffirmedGuidance: -4.0% for 2025
2025 Total Revenue Growth-7.0%-6.0%-5.0%00AffirmedGuidance: -6.0% for 2025
2025 Public Cloud ARR Growth14.0%16.0%18.0%00AffirmedGuidance: 16.0% for 2025
2025 Total ARR Growth0.0%1.0%2.0%00AffirmedGuidance: 1.0% for 2025

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Chou, Timothy C K DirectSell527202521.836,216135,695787,561Form
2Bramley, ClaireChief Financial OfficerDirectSell311202522.8335,464809,6462,416,177Form
3Cullen-Cote, Kathleen RChief People OfficerDirectSell310202522.881,75540,1543,265,136Form
4Cullen-Cote, Kathleen RChief People OfficerDirectSell305202523.161,88143,5643,421,821Form
5Cullen-Cote, Kathleen RChief People OfficerDirectSell304202523.392,35355,0372,688,704Form