S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:AVID

Avid Technology Stock Forecast, Price & News

$32.69
-1.48 (-4.33%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$32.22
$33.67
50-Day Range
$26.92
$35.36
52-Week Range
$11.64
$40.48
Volume
206,214 shs
Average Volume
482,878 shs
Market Capitalization
$1.47 billion
P/E Ratio
44.78
Dividend Yield
N/A
Beta
1.16
30 days | 90 days | 365 days | Advanced Chart
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Avid Technology logo

About Avid Technology

Avid Technology, Inc. engages in the provision of technology services for media and entertainment industry. It develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management and distribution. The company was founded by William J. Warner in September 1987 and is headquartered in Burlington, MA.

Headlines

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Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:AVID
CUSIP
05367P10
Employees
1,362
Year Founded
1987

Sales & Book Value

Annual Sales
$360.47 million
Cash Flow
$0.63 per share
Book Value
($2.81) per share

Profitability

Net Income
$11.06 million
Pretax Margin
8.84%

Debt

Price-To-Earnings

Miscellaneous

Free Float
42,006,000
Market Cap
$1.47 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/09/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/08/2022

Social Links


MarketRank

Overall MarketRank

2.33 out of 5 stars

Computer And Technology Sector

247th out of 891 stocks

Prepackaged Software Industry

67th out of 265 stocks

Analyst Opinion: 2.5Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -












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 twelve months. 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 price been impacted by Coronavirus?

Avid Technology's stock was trading at $7.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AVID stock has increased by 352.8% and is now trading at $32.69.
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 earnings results on Tuesday, November, 9th. The technology company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.02. Avid Technology had a net margin of 8.42% and a negative trailing twelve-month return on equity of 30.68%. During the same quarter in the prior year, the firm 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, November, 23rd. The company provided earnings per share 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 brokers have issued 1 year price objectives for Avid Technology's shares. Their forecasts range from $22.00 to $45.00. On average, they anticipate Avid Technology's stock price to reach $37.33 in the next twelve months. This suggests a possible upside of 14.2% 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?

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."

Who are Avid Technology's major shareholders?

Avid Technology's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.11%), Dimensional Fund Advisors LP (2.97%), Cowbird Capital LP (1.98%), Brahman Capital Corp. (1.55%), Geode Capital Management LLC (1.48%) and Millennium Management LLC (1.31%). Company insiders that own Avid Technology stock include Christian Asmar, Dana Ruzicka, Kenneth L Gayron, Marketing Services SAS Total, Nancy Hawthorne, Robert M Bakish, Robert M Bakish, Timothy Claman and Tom J A Cordiner.
View institutional ownership trends for Avid Technology
.

Which institutional investors are selling Avid Technology stock?

AVID stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Millennium Management LLC, BlackRock Inc., Geode Capital Management LLC, Voss Capital LLC, Morgan Stanley, Kestrel Investment Management Corp, and Grantham Mayo Van Otterloo & Co. LLC. Company insiders that have sold Avid Technology company stock in the last year include Dana Ruzicka, Kenneth L Gayron, Marketing Services SAS Total, Nancy Hawthorne, Robert M Bakish, Timothy Claman, and Tom J A Cordiner.
View insider buying and selling activity for Avid Technology
or view top insider-selling stocks.

Which institutional investors are buying Avid Technology stock?

AVID stock was purchased by a variety of institutional investors in the last quarter, including Brahman Capital Corp., Cowbird Capital LP, Congress Asset Management Co. MA, Wolf Hill Capital Management LP, Renaissance Technologies LLC, Herald Investment Management Ltd, Squarepoint Ops LLC, and Two Sigma Advisers LP.
View insider buying and selling activity for Avid Technology
or or view top insider-buying stocks.

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.
Compare Top Brokerages Here.

What is Avid Technology's stock price today?

One share of AVID stock can currently be purchased for approximately $32.69.

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.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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