What is the future price of Cohesity stock?

Assuming the valuation is correct, we can draw further conclusions about the future share price. Based on an estimated $3.7 billion valuation (and 20 million shares outstanding), Cohesity stock could IPO in a price range from $185.

How much is Cohesity worth 2021?

San Jose, Calif. – March 30, 2021 – Cohesity today announced a new company valuation of $3.7 billion, which is $1.2 billion higher than its valuation less than 12 months ago. This dramatic growth in valuation continues to validate the incredible trajectory and momentum Cohesity is seeing as the modern multicloud data management company.

Is Cohesity a good company?

Cohesity, whose clients include Cisco Systems Inc. and NASA, provides data management services, saying its products can simplify backup and recovery and defend against cybersecurity threats. Aron said the company has hundreds of millions of dollars in annual revenue and is nearing cash flow break even.

What is Cohesity's growth rate?

Strong net expansion rate: Cohesity’s net expansion rate — or the rate of expansion net of churn from existing customers over the last year — continues to exceed 130 percent, a benchmark for leading subscription/SaaS companies. This means that ARR from Cohesity’s existing customer set grew over 30 percent over the last 12 months.