Medallia IPO: An Attractive SaaS Opportunity

Equity Analyst, LightStream Research

Supun Walpola

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/medallia-inc" target="_blank" data-smartkarma-citation="entities:28160:1" rel="noopener">Medallia Inc (MDLA US)</a> made a successful IPO debut on Friday (19th July 2019), closing at $37.05 on the opening day of trading, up 76% from its IPO price of $21.00. We continue to be optimistic about the company, and at a significant discount to other enterprise SaaS peers that went public this year, we believe Medallia is still very attractive.</p>

Medallia Inc (MDLA US) made a successful IPO debut on Friday (19th July 2019), closing at $37.05 on the opening day of trading, up 76% from its IPO price of $21.00. We continue to be optimistic about the company, and at a significant discount to other enterprise SaaS peers that went public this year, we believe Medallia is still very attractive.

Medallia IPO Trading Update: Up 76% on Debut; Room for Further Upside