S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Buy THIS stock before Taiwan is attacked (Ad)
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Buy THIS stock before Taiwan is attacked (Ad)
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Buy THIS stock before Taiwan is attacked (Ad)
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Buy THIS stock before Taiwan is attacked (Ad)
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
NASDAQ:AVID

Avid Technology - AVID Stock Forecast, Price & News

$30.63
+0.41 (+1.36%)
(As of 03/29/2023 12:00 AM ET)
Add
Compare
Today's Range
$30.21
$30.75
50-Day Range
$28.45
$32.44
52-Week Range
$20.83
$37.25
Volume
207,881 shs
Average Volume
211,811 shs
Market Capitalization
$1.34 billion
P/E Ratio
24.90
Dividend Yield
N/A
Price Target
$37.83

Avid Technology MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
23.5% Upside
$37.83 Price Target
Short Interest
Healthy
4.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
1.08mentions of Avid Technology in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.00%
From $1.25 to $1.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Computer And Technology Sector

59th out of 615 stocks

Prepackaged Software Industry

10th out of 213 stocks


AVID stock logo

About Avid Technology (NASDAQ:AVID) Stock

Avid Technology, Inc. engages in the provision of technology services for the 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.

Receive AVID Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Avid Technology and its competitors with MarketBeat's FREE daily newsletter.

AVID Stock News Headlines

Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)
2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. pixel
Maxim Group Remains a Buy on WiSA Technologies, Inc. (WISA)
Maxim Group Reaffirms Their Buy Rating on Avid Technology (AVID)
Avid Technology Announces Q4 and FY 2022 Results
Avid Technology (AVID) Q4 Earnings Lag Estimates
See More Headlines
Receive AVID Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Avid Technology and its competitors with MarketBeat's FREE daily newsletter.

AVID Company Calendar

Last Earnings
11/09/2021
Today
3/30/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:AVID
CUSIP
05367P10
Employees
1,485
Year Founded
1987

Price Target and Rating

Average Stock Price Forecast
$37.83
High Stock Price Forecast
$53.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+23.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$55.24 million
Pretax Margin
10.86%

Debt

Sales & Book Value

Annual Sales
$417.41 million
Cash Flow
$1.32 per share
Book Value
($2.72) per share

Miscellaneous

Free Float
40,975,000
Market Cap
$1.34 billion
Optionable
Optionable
Beta
1.23

Social Links


Key Executives

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













AVID Stock - Frequently Asked Questions

Should I buy or sell Avid Technology stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avid Technology in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AVID shares.
View AVID analyst ratings
or view top-rated stocks.

What is Avid Technology's stock price forecast for 2023?

5 equities research analysts have issued 1 year price targets for Avid Technology's stock. Their AVID share price forecasts range from $28.00 to $53.00. On average, they expect the company's stock price to reach $37.83 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
View analysts price targets for AVID
or view top-rated stocks among Wall Street analysts.

How have AVID shares performed in 2023?

Avid Technology's stock was trading at $26.59 at the beginning of the year. Since then, AVID shares have increased by 15.2% and is now trading at $30.63.
View the best growth stocks for 2023 here
.

When is Avid Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our AVID earnings forecast
.

How were Avid Technology's earnings last quarter?

Avid Technology, Inc. (NASDAQ:AVID) announced its quarterly earnings results on Tuesday, November, 9th. The technology company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. The technology company earned $101.64 million during the quarter, compared to analyst estimates of $96.98 million. Avid Technology had a net margin of 13.23% and a negative trailing twelve-month return on equity of 36.11%. During the same quarter last year, the business earned $0.20 earnings per share.

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

Avid Technology updated its first quarter 2023 earnings guidance on Wednesday, March, 1st. The company provided EPS guidance of $0.21-$0.29 for the period, compared to the consensus earnings per share estimate of $0.31. The company issued revenue guidance of $97.00 million-$105.00 million, compared to the consensus revenue estimate of $106.20 million.

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), Block (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 retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.95%), Portolan Capital Management LLC (1.78%), Gilder Gagnon Howe & Co. LLC (1.60%), Geode Capital Management LLC (1.50%), Congress Asset Management Co. MA (1.49%) and DAVENPORT & Co LLC (1.31%). Insiders that own company 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
.

How do I buy shares of Avid Technology?

Shares of AVID stock 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 $30.63.

How much money does Avid Technology make?

Avid Technology (NASDAQ:AVID) has a market capitalization of $1.34 billion and generates $417.41 million in revenue each year. The technology company earns $55.24 million in net income (profit) each year or $1.23 on an earnings per share basis.

How many employees does Avid Technology have?

The company employs 1,485 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.
Read More
How can I contact Avid Technology?

Avid Technology's mailing address is 75 NETWORK DRIVE, BURLINGTON MA, 01803. The official website for the company is www.avid.com. The technology company can be reached via phone at (978) 640-6789, via email at ir@avid.com, or via fax at 978-640-3366.

This page (NASDAQ:AVID) was last updated on 3/30/2023 by MarketBeat.com Staff