Aggressive Price Range Set for Tableau IPO

May 26, 2013

Tableau Software has its IPO scheduled for May 16 and has been spotted in the news quite a bit as of late. The Greencrest Capital Management’s most recent email campaign was on “Tableau Software (DATA).” A brief but informative summary accompanies a chart available for download as a free preview.

The actual document is nine pages and covers Tableau’s IPO, their innovation in data visualization, information on how they handle big data and it shows their model aiming for profitability. The preview tells us that Tableau Software has set an aggressive IPO price range.

We also learned:

“The company updated its S-1 on Monday, ahead of its IPO on May 16. Tableau plans to offer 7.2MM shares at a range between $23-26 per share, suggesting an implied market capitalization of $1.4B at the midpoint, or 3.6x our 2014 revenue estimate of $390MM. We have updated our valuation analysis to reflect market capitalization of Tableau and price/share – following the release of the exact offering size and shares outstanding.”

Want some insight into Tableau’s big play IPO? Well, it’s brief but there’s an interesting chart. Check it out here.

Megan Feil, May 26, 2013

Sponsored by ArnoldIT.com, developer of Beyond Search

Written by Stephen E. Arnold · Filed Under Financial, News

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.