Avaya - AVYA Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avaya in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AVYA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVYA, but not buy additional shares or sell existing shares.
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8 brokers have issued 1-year price targets for Avaya's stock. Their AVYA share price forecasts range from $3.00 to $22.00. On average, they expect the company's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 2,025.0% from the stock's current price.
View analysts price targets for AVYA or view top-rated stocks among Wall Street analysts.

Avaya's stock was trading at $0.1960 at the beginning of the year. Since then, AVYA stock has increased by 104.1% and is now trading at $0.40.
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Avaya saw a increase in short interest in December. As of December 30th, there was short interest totaling 19,440,000 shares, an increase of 16.8% from the December 15th total of 16,650,000 shares. Based on an average daily trading volume, of 9,410,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 25.3% of the shares of the stock are short sold.
View Avaya's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our AVYA earnings forecast.

Avaya Holdings Corp. (NYSE:AVYA) announced its earnings results on Monday, November, 22nd. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.05. The company earned $760 million during the quarter, compared to analysts' expectations of $738.70 million. Avaya had a negative net margin of 53.11% and a positive trailing twelve-month return on equity of 32.42%. The business's quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 earnings per share.

218 employees have rated Avaya Chief Executive Officer Jim Chirico on Glassdoor.com. Jim Chirico has an approval rating of 70% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Avaya investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Arbutus Biopharma (ABUS), Cisco Systems (CSCO), Splunk (SPLK), JD.com (JD), Marvell Technology (MRVL), Universal Display (OLED) and onsemi (ON).

Avaya trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVYA."

Avaya's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wolverine Asset Management LLC (0.00%), Bank of Montreal Can (0.90%), Simplex Trading LLC (0.00%), Concourse Financial Group Securities Inc. (0.00%) and CenterStar Asset Management LLC (0.00%). Insiders that own company stock include James M Chirico, Kevin Speed, Kieran J Mcgrath, Shefali A Shah, Shefali A Shah, Stephen Spears, Susan Louise Spradley and Theodore Walker Cheng-De King.
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Shares of AVYA 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.
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One share of AVYA stock can currently be purchased for approximately $0.40.

Avaya (NYSE:AVYA) has a market capitalization of $34.34 million and generates $2.97 billion in revenue each year. The company earns $-13,000,000.00 in net income (profit) each year or ($17.02) on an earnings per share basis.

The company employs 8,063 workers across the globe.

Avaya's mailing address is 4655 GREAT AMERICA PARKWAY, SANTA CLARA CA, 95054. The official website for the company is www.avaya.com. The company can be reached via phone at (908) 953-6000 or via email at investors@avaya.com.