Avid Technology Stock Forecast, Price & News

Avid Technology (NASDAQ:AVID) Frequently Asked Questions

Is Avid Technology a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avid Technology in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Avid Technology stock.
View analyst ratings for Avid Technology or view top-rated stocks.

How has Avid Technology's stock been impacted by COVID-19 (Coronavirus)?

Avid Technology's stock was trading at $7.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AVID stock has increased by 353.2% and is now trading at $32.72.
View which stocks have been most impacted by COVID-19.

When is Avid Technology's next earnings date?

Avid Technology is scheduled to release its next quarterly earnings announcement on Tuesday, March 8th 2022.
View our earnings forecast for Avid Technology.

How were Avid Technology's earnings last quarter?

Avid Technology, Inc. (NASDAQ:AVID) released its quarterly earnings data on Tuesday, November, 9th. The technology company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The technology company earned $101.64 million during the quarter, compared to analysts' expectations of $96.98 million. Avid Technology had a net margin of 8.42% and a negative trailing twelve-month return on equity of 30.68%. During the same period in the previous year, the company earned $0.20 EPS.
View Avid Technology's earnings history.

What guidance has Avid Technology issued on next quarter's earnings?

Avid Technology updated its FY 2021 earnings guidance on Tuesday, December, 7th. The company provided EPS guidance of $1.180-$1.260 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.200. The company issued revenue guidance of $398 million-$404 million, compared to the consensus revenue estimate of $395.49 million.

What price target have analysts set for AVID?

4 Wall Street analysts have issued twelve-month price targets for Avid Technology's stock. Their forecasts range from $22.00 to $45.00. On average, they anticipate Avid Technology's share price to reach $37.33 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
View analysts' price targets for Avid Technology or view top-rated stocks among Wall Street analysts.

Who are Avid Technology's key executives?

Avid Technology's management team includes the following people:

• Jeff Rosica, President, Chief Executive Officer & Director
• Dave Perillo, Senior VP-Operations & Supply Chain
• Kenneth Gayron, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
• Kevin W. Riley, Chief Technology Officer & SVP-Technology
• Alessandra Cäcilia Melloni, Secretary, Chief Ethics & Compliance Officer

Who are some of Avid Technology's key competitors?

Some companies that are related to Avid Technology include Apple (AAPL), Dell Technologies (DELL), HP (HPQ), NCR (NCR), 3D Systems (DDD), Stratasys (SSYS), Diebold Nixdorf (DBD) and Kopin (KOPN).
View all of AVID's competitors.

What other stocks do shareholders of Avid Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Avid Technology investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), OPKO Health (OPK), QUALCOMM (QCOM), Square (SQ), Boeing (BA), Marvell Technology (MRVL), Walt Disney (DIS), Micron Technology (MU) and Cisco Systems (CSCO).

What is Avid Technology's stock symbol?

Avid Technology trades on the NASDAQ under the ticker symbol "AVID."

How do I buy shares of Avid Technology?

Shares of AVID can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Avid Technology's stock price today?

One share of AVID stock can currently be purchased for approximately $32.72.

How much money does Avid Technology make?

Avid Technology has a market capitalization of $1.47 billion and generates $360.47 million in revenue each year. The technology company earns $11.06 million in net income (profit) each year or $0.73 on an earnings per share basis.

How many employees does Avid Technology have?

Avid Technology employs 1,362 workers across the globe.

Does Avid Technology have any subsidiaries?

The following companies are subsidiares of Avid Technology: AVID CV LLC, AVID DEVELOPMENT GMBH, AVID GENERAL PARTNER B.V., AVID NORDIC A.B., AVID NORTH ASIA LIMITED, AVID SYSTEMS, AVID TECHNOLOGY (AUSTRALIA) PTY LTD, AVID TECHNOLOGY (BEIJING) CO., AVID TECHNOLOGY (INDIA) PRIVATE LIMITED, AVID TECHNOLOGY (S.E. ASIA) PTE LTD, AVID TECHNOLOGY C.V., AVID TECHNOLOGY CANADA CORP., AVID TECHNOLOGY EUROPE LIMITED, AVID TECHNOLOGY GMBH, AVID TECHNOLOGY HOLDING B.V., AVID TECHNOLOGY HOLDING GMBH, AVID TECHNOLOGY INTERNATIONAL B.V., AVID TECHNOLOGY K.K., AVID TECHNOLOGY MEXICO, AVID TECHNOLOGY S.A.R.L., AVID TECHNOLOGY S.L., AVID TECHNOLOGY SERVICES TAIWAN CO., AVID TECHNOLOGY WORLDWIDE, BLUE ORDER TECHNOLOGIES GMBH, Blue Order Solutions, DIGIDESIGN ITALY S.R.L., EUPHONIX EUROPE LIMITED, Euphonix, GETRIS SAS, INTEGRATED BROADCAST SERVICES LIMITED (IBIS), IVSM LIMITED, JIM LTD., Maximum Throughput, Medea, ORAD HI-TEC SYSTEMS (NORTH ASIA) LIMITED, ORAD HI-TEC SYSTEMS DEUTSCHLAND GMBH, ORAD HI-TEC SYSTEMS IBERIA SL, ORAD HI-TEC SYSTEMS LTD., ORAD HI-TEC SYSTEMS POLAND SP. Z.O.O, ORAD INC., ORAD NETHERLANDS B.V., ORADNET LTD., Orad Hi-Tech Systems, Pinnacle Systems, Rocket Network, Sibelius, Sundance Digital, and Wizoo.

When was Avid Technology founded?

Avid Technology was founded in 1987.

What is Avid Technology's official website?

The official website for Avid Technology is www.avid.com.

Where are Avid Technology's headquarters?

Avid Technology is headquartered at 75 NETWORK DRIVE, BURLINGTON MA, 01803.

How can I contact Avid Technology?

Avid Technology's mailing address is 75 NETWORK DRIVE, BURLINGTON MA, 01803. The technology company can be reached via phone at (978) 640-6789, via email at [email protected], or via fax at 978-640-3366.