NASDAQ:AVPT

AvePoint (AVPT) Stock Price, News & Analysis

$8.50
+0.04 (+0.47%)
(As of 05/15/2024 ET)
Today's Range
$8.44
$8.59
50-Day Range
$7.55
$8.50
52-Week Range
$5.24
$8.74
Volume
632,434 shs
Average Volume
796,599 shs
Market Capitalization
$1.56 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00

AvePoint MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.6% Upside
$10.00 Price Target
Short Interest
Bearish
5.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.45mentions of AvePoint in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$343,888 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.

1.02 out of 5 stars

Business Services Sector

270th out of 319 stocks

Prepackaged Software Industry

180th out of 202 stocks

AVPT stock logo

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

AVPT Stock News Headlines

AvePoint Inc - Class A
AvePoint, Inc. (AVPT)
AvePoint's Growth May Be Topping Out
AVPT Sep 2024 10.000 call
AVPT Jul 2024 6.000 call
AVPT Apr 2024 11.000 put
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/16/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:AVPT
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
+17.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-21,500,000.00
Pretax Margin
-3.91%

Debt

Sales & Book Value

Annual Sales
$271.83 million
Book Value
$1.16 per share

Miscellaneous

Free Float
132,893,000
Market Cap
$1.56 billion
Optionable
Optionable
Beta
0.84
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AVPT Stock Analysis - Frequently Asked Questions

Should I buy or sell AvePoint stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AvePoint in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research 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 brokerages have issued 12-month target prices for AvePoint's shares. Their AVPT share price targets range from $9.00 to $11.00. On average, they expect the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 17.6% 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 beginning of the year. Since then, AVPT stock has increased by 3.5% and is now trading at $8.50.
View the best growth stocks for 2024 here
.

When is AvePoint's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our AVPT earnings forecast
.

How were AvePoint's earnings last quarter?

AvePoint, Inc. (NASDAQ:AVPT) announced its quarterly earnings data on Thursday, May, 9th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.04. The company had revenue of $74.53 million for the quarter, compared to the consensus estimate of $72.33 million. AvePoint had a negative net margin of 4.91% and a negative trailing twelve-month return on equity of 6.56%. The company's quarterly revenue was up 25.1% compared to the same quarter last year. During the same period last year, the business posted ($0.05) EPS.

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

AvePoint updated its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $314.3 million-$320.3 million, compared to the consensus revenue estimate of $314.5 million.

Who are AvePoint's major shareholders?

AvePoint's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.18%), Monarch Alternative Capital LP (1.99%), Essex Investment Management Co. LLC (0.13%), Russell Investments Group Ltd. (0.10%), Principal Financial Group Inc. (0.04%) and Mirae Asset Global Investments Co. Ltd. (0.03%). Insiders that own company stock include Brian Michael Brown, James Caci, Sixth Street Partners Manageme, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AVPT) was last updated on 5/16/2024 by MarketBeat.com Staff

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