NASDAQ:AVPT AvePoint (AVPT) Stock Forecast, Price & News $6.69 -0.17 (-2.48%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$6.54▼$6.8850-Day Range$3.90▼$6.8652-Week Range$3.40▼$6.93Volume903,362 shsAverage Volume495,364 shsMarket Capitalization$1.28 billionP/E RatioN/ADividend YieldN/APrice Target$5.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media AvePoint MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.2% Downside$5.88 Price TargetShort InterestBearish4.14% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.27Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.13) to ($0.11) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.24 out of 5 starsBusiness Services Sector304th out of 323 stocksPrepackaged Software Industry192nd out of 207 stocks 1.0 Analyst's Opinion Consensus RatingAvePoint has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.88, AvePoint has a forecasted downside of 12.2% from its current price of $6.69.Amount of Analyst CoverageAvePoint has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.14% of the float of AvePoint has been sold short.Short Interest Ratio / Days to CoverAvePoint has a short interest ratio ("days to cover") of 9.7.Change versus previous monthShort interest in AvePoint has recently increased by 10.43%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAvePoint does not currently pay a dividend.Dividend GrowthAvePoint does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AVPT. Previous Next 2.4 News and Social Media Coverage News SentimentAvePoint has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for AvePoint this week, compared to 2 articles on an average week.Search Interest8 people have searched for AVPT on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added AvePoint to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AvePoint insiders have not sold or bought any company stock.Percentage Held by Insiders24.74% of the stock of AvePoint is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.35% of the stock of AvePoint is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for AvePoint are expected to grow in the coming year, from ($0.13) to ($0.11) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AvePoint is -31.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of AvePoint is -31.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAvePoint has a P/B Ratio of 5.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AvePoint (NASDAQ:AVPT) StockAvePoint, Inc. provides Microsoft 365 data management solutions worldwide. It offers SaaS platform cloud-hosted collaboration systems by providing suite of software products. The company focuses on data protection, governance, compliance management extensions for Microsoft 365, Dynamics 365, Salesforce, and Google Workspace. In addition, the company offers software solutions for Microsoft 365, including microsoft teams, sharepoint online, exchange online, onedrive, project online, planner, yammer and other public folders. The company was incorporated in 2001 and is headquartered in Jersey City, New Jersey.Read More Receive AVPT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AvePoint and its competitors with MarketBeat's FREE daily newsletter. Email Address AVPT Stock News HeadlinesJune 7, 2023 | americanbankingnews.comAvePoint (NASDAQ:AVPT) Reaches New 52-Week High at $6.73June 4, 2023 | seekingalpha.comAvePoint: Downgrading To Hold After 50% RallyJune 7, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 26, 2023 | finance.yahoo.comAvePoint Insider Ups Holding By 2,087% During YearMay 24, 2023 | msn.comCitigroup Maintains AvePoint Inc - (AVPT) Neutral RecommendationMay 23, 2023 | markets.businessinsider.comCiti Keeps Their Hold Rating on AvePoint (AVPT)May 23, 2023 | finance.yahoo.comAvePoint Fuels the Future of Secure Project Collaboration as a Microsoft Syntex Repository Services Launch PartnerMay 21, 2023 | americanbankingnews.comSecureWorks (NASDAQ:SCWX) vs. AvePoint (NASDAQ:AVPT) Financial ComparisonJune 7, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 15, 2023 | finance.yahoo.comHighlights – ChatGPT and AI: Security, Risk and Investing Fireside ChatMay 13, 2023 | americanbankingnews.comAvePoint (NASDAQ:AVPT) Sees Large Volume Increase Following Analyst UpgradeMay 12, 2023 | msn.comCantor Fitzgerald Maintains AvePoint, Inc. (AVPT) Overweight RecommendationMay 12, 2023 | americanbankingnews.comCantor Fitzgerald Raises AvePoint (NASDAQ:AVPT) Price Target to $8.00May 11, 2023 | finanznachrichten.deAvePoint, Inc.: AvePoint Announces First Quarter 2023 Financial ResultsMay 11, 2023 | finance.yahoo.comTake Care Before Diving Into The Deep End On AvePoint, Inc. (NASDAQ:AVPT)May 11, 2023 | finance.yahoo.comREPLAY – ChatGPT and AI: Security, Risk and Investing – Join Expert PanelMay 11, 2023 | finance.yahoo.comAvePoint, Inc. (AVPT) Reports Q1 Loss, Tops Revenue EstimatesMay 10, 2023 | seekingalpha.comAvePoint, Inc. (AVPT) Q1 2023 Earnings Call TranscriptMay 10, 2023 | finance.yahoo.comAvePoint Announces First Quarter 2023 Financial ResultsMay 9, 2023 | americanbankingnews.comAvePoint (AVPT) to Release Quarterly Earnings on WednesdayMay 4, 2023 | finance.yahoo.comAvePoint Advances SaaS Management Capabilities to Help Organizations Thrive in the Digital WorkplaceApril 22, 2023 | americanbankingnews.comAvePoint, Inc. (NASDAQ:AVPT) Sees Significant Drop in Short InterestApril 19, 2023 | finance.yahoo.comAvePoint to Announce First Quarter 2023 Financial Results on May 10April 17, 2023 | seekingalpha.comAvePoint: Back In The SpotlightApril 12, 2023 | finance.yahoo.comShareholders in AvePoint (NASDAQ:AVPT) are in the red if they invested three years agoApril 4, 2023 | finance.yahoo.comAvePoint Wins Two Awards and Named a Finalist at the 2023 Microsoft Singapore and Asia Pacific Partner of the Year AwardsMarch 14, 2023 | finance.yahoo.comAvePoint Adds New Solutions to its FedRAMP (moderate) AuthorizationSee More Headlines AVPT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AVPT Company Calendar Last Earnings3/09/2023Today6/07/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:AVPT CUSIPN/A CIK1777921 Webwww.avepoint.com Phone201-793-1111FaxN/AEmployees2,187Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.88 High Stock Price Forecast$8.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside-10.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.21) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-38,690,000.00 Net Margins-16.21% Pretax Margin-12.46% Return on Equity-16.91% Return on Assets-9.79% Debt Debt-to-Equity RatioN/A Current Ratio2.30 Quick Ratio2.30 Sales & Book Value Annual Sales$232.34 million Price / Sales5.41 Cash FlowN/A Price / Cash FlowN/A Book Value$1.24 per share Price / Book5.29Miscellaneous Outstanding Shares191,590,000Free Float144,190,000Market Cap$1.26 billion OptionableOptionable Beta0.98 Key ExecutivesMr. Xunkai Gong (Age 60)Co-founder & Exec. Chairman Comp: $740kDr. Tianyi Jiang (Age 47)Co-Founder, CEO & Director Comp: $714kMr. James Caci (Age 57)Chief Financial Officer Comp: $435.53kMr. Brian Michael Brown (Age 49)Chief Legal & Compliance Officer, Sec. and Director Comp: $610kMr. Stuart RobertsonChief Operating OfficerMs. Sophia Wu (Age 46)Chief Accounting Officer Mr. Wei ChenChief Technology OfficerMs. Dana Louise Simberkoff J.D.Cipp, Chief Risk, Privacy and Information Security OfficerMs. Clara LimChief Admin. OfficerMr. James ArestiaVP of Investor RelationsMore ExecutivesKey CompetitorsAmplitudeNASDAQ:AMPLCellebrite DINASDAQ:CLBTMeridianLinkNYSE:MLNKMarketWiseNASDAQ:MKTWMatterportNASDAQ:MTTRView All CompetitorsInstitutional OwnershipArete Wealth Advisors LLCBought 19,200 shares on 5/22/2023Ownership: 0.010%JPMorgan Chase & Co.Bought 32,556 shares on 5/18/2023Ownership: 0.077%New York State Common Retirement FundSold 37,406 shares on 5/18/2023Ownership: 0.028%Jane Street Group LLCSold 30,657 shares on 5/16/2023Ownership: 0.029%AQR Capital Management LLCSold 2,565 shares on 5/16/2023Ownership: 0.008%View All Institutional Transactions AVPT Stock - Frequently Asked Questions Should I buy or sell AvePoint stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AvePoint in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AVPT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVPT, but not buy additional shares or sell existing shares. View AVPT analyst ratings or view top-rated stocks. What is AvePoint's stock price forecast for 2023? 2 equities research analysts have issued 1 year price objectives for AvePoint's stock. Their AVPT share price forecasts range from $5.00 to $8.00. On average, they expect the company's stock price to reach $5.88 in the next twelve months. This suggests that the stock has a possible downside of 10.4%. View analysts price targets for AVPT or view top-rated stocks among Wall Street analysts. How have AVPT shares performed in 2023? AvePoint's stock was trading at $4.11 at the beginning of 2023. Since then, AVPT shares have increased by 59.6% and is now trading at $6.56. View the best growth stocks for 2023 here. Are investors shorting AvePoint? AvePoint saw a increase in short interest in May. As of May 15th, there was short interest totaling 4,660,000 shares, an increase of 10.4% from the April 30th total of 4,220,000 shares. Based on an average trading volume of 479,000 shares, the days-to-cover ratio is currently 9.7 days. Approximately 4.1% of the company's stock are short sold. View AvePoint's Short Interest. When is AvePoint's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our AVPT earnings forecast. How were AvePoint's earnings last quarter? AvePoint, Inc. (NASDAQ:AVPT) announced its earnings results on Thursday, March, 9th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.03. The firm had revenue of $63.61 million for the quarter, compared to the consensus estimate of $63.99 million. AvePoint had a negative net margin of 16.21% and a negative trailing twelve-month return on equity of 16.91%. What ETFs hold AvePoint's stock? ETFs with the largest weight of AvePoint (NASDAQ:AVPT) stock in their portfolio include ProShares Big Data Refiners ETF (DAT) and SPDR S&P Software & Services ETF (XSW).iShares U.S. Tech Breakthrough Multisector ETF (TECB). What guidance has AvePoint issued on next quarter's earnings? AvePoint updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $60.50 million-$62.50 million, compared to the consensus revenue estimate of $61.87 million. What is AvePoint's stock symbol? AvePoint trades on the NASDAQ under the ticker symbol "AVPT." Who are AvePoint's major shareholders? AvePoint's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.09%), State Street Corp (1.23%), Geode Capital Management LLC (1.17%), Franklin Resources Inc. (1.05%), B. Riley Asset Management LLC (0.60%) and Charles Schwab Investment Management Inc. (0.39%). Insiders that own company stock include Sophia Wu, Tianyi Jiang and Xunkai Gong. View institutional ownership trends. How do I buy shares of AvePoint? Shares of AVPT 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 AvePoint's stock price today? One share of AVPT stock can currently be purchased for approximately $6.56. How much money does AvePoint make? AvePoint (NASDAQ:AVPT) has a market capitalization of $1.26 billion and generates $232.34 million in revenue each year. The company earns $-38,690,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis. How many employees does AvePoint have? The company employs 2,187 workers across the globe. How can I contact AvePoint? AvePoint's mailing address is 533 AIRPORT BLVD SUITE 400, BURLINGAME CA, 94010. The official website for the company is www.avepoint.com. The company can be reached via phone at 201-793-1111 or via email at ir@avepoint.com. This page (NASDAQ:AVPT) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AvePoint, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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