So lets understand this. Teradata just axed all of their sales staff responsible for new customers. So there is no growth at all from new customers (because there are no new customers). Existing customers continue to slowly offload workloads to other platforms. The fact that Teradata moved all these customers to the cloud makes it even easier to switch workloads to Snowflake, etc. So revenue will continue to trickle downwards.
Yet the stock is at $50, and the PE is 132!! Thats a PE for a growth stock. There IS no growth! Classic shorting opportunity.