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AvePoint, Inc. (NASDAQ:AVPT) Given Average Rating of "Moderate Buy" by Analysts

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Key Points

  • Shares of AvePoint have a consensus analyst rating of Moderate Buy from 16 firms (10 buy, 6 hold) with an average 1‑year target of $17.11, implying substantial upside from the recent ~$9.75 share price.
  • In the latest quarter AvePoint reported EPS of $0.07, missing estimates by $0.02, while revenue beat at $114.69 million versus expectations of $110.94 million, with a net margin of 8.34%.
  • The company has a market cap of $2.10 billion, a P/E of 60.94, a 12‑month trading range of $8.84–$20.25, and roughly 44.5% of shares are held by institutional investors.
  • MarketBeat previews the top five stocks to own by May 1st.

Shares of AvePoint, Inc. (NASDAQ:AVPT - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the sixteen research firms that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $17.1083.

A number of research analysts have weighed in on the company. Zacks Research lowered AvePoint from a "strong-buy" rating to a "hold" rating in a report on Friday, January 9th. Stephens initiated coverage on shares of AvePoint in a research report on Monday, December 29th. They issued an "overweight" rating and a $18.00 target price for the company. Weiss Ratings reissued a "hold (c-)" rating on shares of AvePoint in a research note on Friday, March 27th. Cantor Fitzgerald lowered their price target on shares of AvePoint from $18.00 to $15.00 and set an "overweight" rating on the stock in a research report on Friday, February 27th. Finally, B. Riley Financial dropped their price objective on shares of AvePoint from $25.00 to $22.00 and set a "buy" rating for the company in a research note on Monday, February 2nd.

Get Our Latest Stock Report on AvePoint

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Global Retirement Partners LLC acquired a new stake in shares of AvePoint in the third quarter valued at approximately $26,000. Kestra Advisory Services LLC acquired a new position in AvePoint during the fourth quarter worth $28,000. Aster Capital Management DIFC Ltd boosted its stake in AvePoint by 698.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 2,069 shares of the company's stock worth $31,000 after buying an additional 1,810 shares during the last quarter. Vestcor Inc purchased a new stake in AvePoint in the 3rd quarter valued at $45,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of AvePoint in the 4th quarter worth $47,000. 44.49% of the stock is currently owned by institutional investors and hedge funds.

AvePoint Trading Up 3.7%

NASDAQ:AVPT opened at $9.75 on Thursday. AvePoint has a 12 month low of $8.84 and a 12 month high of $20.25. The stock has a 50 day moving average of $10.24 and a two-hundred day moving average of $12.39. The firm has a market cap of $2.10 billion, a P/E ratio of 60.94 and a beta of 1.20.

AvePoint (NASDAQ:AVPT - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.02). AvePoint had a net margin of 8.34% and a return on equity of 8.19%. The firm had revenue of $114.69 million during the quarter, compared to analysts' expectations of $110.94 million. On average, research analysts forecast that AvePoint will post -0.03 earnings per share for the current year.

AvePoint Company Profile

(Get Free Report)

AvePoint, Inc NASDAQ: AVPT is a leading software provider specializing in data management, governance, and compliance solutions for Microsoft 365 and related cloud platforms. Founded in 2001 and headquartered in Jersey City, New Jersey, the company offers a comprehensive suite of cloud-based and on-premises tools designed to help organizations migrate, manage, and protect their collaboration data. AvePoint's flagship Cloud Platform delivers backup, governance, reporting, and migration services for SharePoint, Teams, Exchange, OneDrive, and Salesforce environments.

With a customer base spanning thousands of organizations across more than 100 countries, AvePoint serves enterprises, government agencies, and educational institutions seeking to ensure data security, regulatory compliance, and operational resilience.

Further Reading

Analyst Recommendations for AvePoint (NASDAQ:AVPT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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