Competitive Pressure From HyperscalersCompetition from large cloud providers and private vendors could force pricing concessions and require heavy investment to maintain differentiation, pressuring margins and market share.
Concentration And Usage SensitivityA sizable revenue upside concentrated in a few large customer migrations and sensitivity to usage optimization cycles creates execution risk if such events do not recur.
Guidance Uncertainty And Investor AnxietyUncertainty around initial guidance from the new chief financial officer and debate over near-term product revenue growth may increase stock volatility and raise expectations risk.