Should I buy or sell AvePoint stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AvePoint in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AVPT shares. View AVPT analyst ratings or view top-rated stocks .

What is AvePoint's stock price target for 2024?

3 Wall Street research analysts have issued 12-month target prices for AvePoint's stock. Their AVPT share price targets range from $9.00 to $11.00. On average, they expect the company's share price to reach $10.00 in the next year. This suggests a possible upside of 31.6% from the stock's current price. View analysts price targets for AVPT or view top-rated stocks among Wall Street analysts .

How have AVPT shares performed in 2024?

AvePoint's stock was trading at $8.21 at the start of the year. Since then, AVPT shares have decreased by 7.4% and is now trading at $7.60. View the best growth stocks for 2024 here .

Are investors shorting AvePoint?

AvePoint saw a decline in short interest in March. As of March 31st, there was short interest totaling 6,150,000 shares, a decline of 5.7% from the March 15th total of 6,520,000 shares. Based on an average daily trading volume, of 886,300 shares, the short-interest ratio is presently 6.9 days. Currently, 5.4% of the shares of the company 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, May 9th 2024. View our AVPT earnings forecast .

How were AvePoint's earnings last quarter?

AvePoint, Inc. (NASDAQ:AVPT) announced its earnings results on Thursday, February, 29th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.01. The company had revenue of $74.60 million for the quarter, compared to analysts' expectations of $71.57 million. AvePoint had a negative trailing twelve-month return on equity of 9.94% and a negative net margin of 7.94%. The firm's quarterly revenue was up 17.3% on a year-over-year basis. During the same period last year, the company earned ($0.07) EPS.

What ETFs hold AvePoint's stock?

ETFs with the largest weight of AvePoint (NASDAQ:AVPT) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD) , ProShares Big Data Refiners ETF (DAT) , SPDR S&P Software & Services ETF (XSW) and iShares Micro-Cap ETF (IWC) . Direxion Daily Cloud Computing Bull 2x (CLDL) .

What guidance has AvePoint issued on next quarter's earnings?

AvePoint issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $308.6 million-$316.6 million, compared to the consensus revenue estimate of $312.3 million.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:AVPT

AvePoint (AVPT) Stock Price, News & Analysis

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$7.68

0.00 (0.00%)

(As of 11:40 AM ET)

Compare

Today's Range: $7.63
▼
$7.80
50-Day Range: $7.38
▼
$8.40
52-Week Range: $4.01
▼
$8.61

Volume: 162,690 shs
Average Volume: 840,223 shs
Market Capitalization: $1.41 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.00

Get AvePoint alerts:

AvePoint MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 31.6% Upside
$10.00 Price Target
Short Interest: Healthy
5.39% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.93
Based on 6 Articles This Week
Insider Trading: Selling Shares
$342,288 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.15) to ($0.05) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

Business Services Sector

152nd out of 305 stocks

Prepackaged Software Industry

107th out of 200 stocks

3.3

Analyst's Opinion

Consensus Rating
AvePoint has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
AvePoint has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.39% of the float of AvePoint has been sold short.
Short Interest Ratio / Days to Cover
AvePoint has a short interest ratio ("days to cover") of 6.9.
Change versus previous month
Short interest in AvePoint has recently decreased by 5.67%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
AvePoint does not currently pay a dividend.
Dividend Growth
AvePoint does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AVPT.

3.3

News and Social Media Coverage

News Sentiment
AvePoint has a news sentiment score of 0.93. 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 higher news sentiment than the 0.51 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for AvePoint this week, compared to 2 articles on an average week.
Search Interest
12 people have searched for AVPT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
Only 3 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.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AvePoint insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $342,288.00 in company stock.
Percentage Held by Insiders
27.78% 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 Institutions
44.49% of the stock of AvePoint is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for AvePoint are expected to grow in the coming year, from ($0.15) to ($0.05) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AvePoint is -63.33, 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. Sector
The P/E ratio of AvePoint is -63.33, 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 Ratio
AvePoint has a P/B Ratio of 6.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About AvePoint Stock (NASDAQ:AVPT)

AvePoint, Inc. provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services. AvePoint, Inc. was incorporated in 2001 and is headquartered in Jersey City, New Jersey.

AVPT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AVPT Stock News Headlines

March 24, 2024 | insidertrades.com

James Caci Sells 3,061 Shares of AvePoint, Inc. (NASDAQ:AVPT) Stock

April 18, 2024 | globenewswire.com

AvePoint to Announce First Quarter 2024 Financial Results on May 9

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AvePoint, Inc. (AVPT)

April 17, 2024 | americanbankingnews.com

AvePoint, Inc. (NASDAQ:AVPT) Short Interest Update

April 12, 2024 | seekingalpha.com

AvePoint's Growth May Be Topping Out

April 9, 2024 | globenewswire.com

AvePoint Launches New Analytics Capabilities for Copilot for Microsoft 365

April 5, 2024 | investing.com

AvePoint's chief legal officer sells $154,894 in company stock

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AvePoint's Inaugural AI and Information Management Report Reveals Organizations with Mature IM Strategies are 1.5x More Likely to Realize AI Benefits

March 23, 2024 | finance.yahoo.com

At US$7.90, Is It Time To Put AvePoint, Inc. (NASDAQ:AVPT) On Your Watch List?

March 20, 2024 | investorplace.com

Finding the Next Big Winners: 7 Stocks You Can Snag for Under $10

March 17, 2024 | finance.yahoo.com

AVPT Sep 2024 10.000 call

March 16, 2024 | finance.yahoo.com

AVPT Jul 2024 6.000 call

March 16, 2024 | finance.yahoo.com

AVPT Apr 2024 11.000 put

March 16, 2024 | finance.yahoo.com

AVPT Apr 2024 10.000 put

March 15, 2024 | finance.yahoo.com

AVPT Oct 2024 13.000 call

March 15, 2024 | finance.yahoo.com

AVPT Nov 2024 11.000 call

March 14, 2024 | markets.businessinsider.com

AvePoint’s Growth Trajectory: Buy Rating Affirmed Amidst Expansion and Copilot Readiness

March 3, 2024 | investing.com

Earnings call: AvePoint surpasses expectations with strong Q4 results

March 2, 2024 | finance.yahoo.com

AvePoint, Inc. (NASDAQ:AVPT) Q4 2023 Earnings Call Transcript

March 2, 2024 | finance.yahoo.com

AvePoint, Inc. (NASDAQ:AVPT) Shares Could Be 44% Below Their Intrinsic Value Estimate

March 2, 2024 | benzinga.com

AvePoint: Q4 Earnings Insights

March 1, 2024 | finanznachrichten.de

AvePoint, Inc.: AvePoint Announces Fourth Quarter and Full Year 2023 Financial Results

February 29, 2024 | uk.finance.yahoo.com

AvePoint Inc (AVPT) Reports Strong SaaS Growth and Improved Profitability in Full Year 2023

February 29, 2024 | globenewswire.com

AvePoint Announces Fourth Quarter and Full Year 2023 Financial Results

February 28, 2024 | benzinga.com

Earnings Outlook For AvePoint

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:AVPT
CUSIP: N/A
CIK: 1777921
Web: www.avepoint.com
Phone: 201-793-1111
Fax: N/A
Employees: 2,543
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.00
High Stock Price Target: $11.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +30.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-21,500,000.00
Net Margins: -7.94%
Pretax Margin: -6.85%
Return on Equity: -9.94%
Return on Assets: -5.19%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.84
Quick Ratio: 1.84

Sales & Book Value

Annual Sales: $271.83 million
Price / Sales: 5.20
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.18 per share
Price / Book: 6.51

Miscellaneous

Outstanding Shares: 184,010,000
Free Float: 132,893,000
Market Cap: $1.41 billion
Optionable: Optionable
Beta: 0.85

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Key Executives

Mr. Xunkai Gong (Age 61)
Co-founder & Executive Chairman
Comp: $816.4k
Dr. Tianyi Jiang (Age 49)
Co-Founder, CEO & Director
Comp: $824.76k
Mr. James Caci (Age 58)
Chief Financial Officer
Comp: $677.91k
Mr. Brian Michael Brown (Age 51)
Chief Legal & Compliance Officer, Secretary and Director
Comp: $714.35k
Mr. Stuart Robertson
Chief Operating Officer
Ms. Sophia Wu (Age 48)
Chief Accounting Officer
Mr. John Peluso
Chief Technology Officer
Ms. Dana Louise Simberkoff Cipp
J.D., Chief Risk, Privacy & Information Security Officer
Ms. Clara Lim
Chief Administrative Officer
Mr. James Arestia
Vice President of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AVPT Stock Analysis - Frequently Asked Questions

Should I buy or sell AvePoint stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AvePoint in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AVPT shares.
View AVPT analyst ratings or view top-rated stocks.
What is AvePoint's stock price target for 2024?: 3 Wall Street research analysts have issued 12-month target prices for AvePoint's stock. Their AVPT share price targets range from $9.00 to $11.00. On average, they expect the company's share price to reach $10.00 in the next year. This suggests a possible upside of 31.6% from the stock's current price.
View analysts price targets for AVPT or view top-rated stocks among Wall Street analysts.
How have AVPT shares performed in 2024?: AvePoint's stock was trading at $8.21 at the start of the year. Since then, AVPT shares have decreased by 7.4% and is now trading at $7.60.
View the best growth stocks for 2024 here.
Are investors shorting AvePoint?: AvePoint saw a decline in short interest in March. As of March 31st, there was short interest totaling 6,150,000 shares, a decline of 5.7% from the March 15th total of 6,520,000 shares. Based on an average daily trading volume, of 886,300 shares, the short-interest ratio is presently 6.9 days. Currently, 5.4% of the shares of the company 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, May 9th 2024.
View our AVPT earnings forecast.

How were AvePoint's earnings last quarter?: AvePoint, Inc. (NASDAQ:AVPT) announced its earnings results on Thursday, February, 29th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.01. The company had revenue of $74.60 million for the quarter, compared to analysts' expectations of $71.57 million. AvePoint had a negative trailing twelve-month return on equity of 9.94% and a negative net margin of 7.94%. The firm's quarterly revenue was up 17.3% on a year-over-year basis. During the same period last year, the company earned ($0.07) EPS.
What ETFs hold AvePoint's stock?: ETFs with the largest weight of AvePoint (NASDAQ:AVPT) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD), ProShares Big Data Refiners ETF (DAT), SPDR S&P Software & Services ETF (XSW) and iShares Micro-Cap ETF (IWC).Direxion Daily Cloud Computing Bull 2x (CLDL).
What guidance has AvePoint issued on next quarter's earnings?: AvePoint issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $308.6 million-$316.6 million, compared to the consensus revenue estimate of $312.3 million.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AVPT) was last updated on 4/19/2024 by MarketBeat.com Staff

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AvePoint (AVPT) Stock Price, News & Analysis

AvePoint MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AvePoint Stock (NASDAQ:AVPT)

AVPT Stock Price History

AVPT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AVPT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™