NYSE:AVYAAvaya Stock Price, Forecast & News

Avaya's stock was trading at $8.44 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AVYA stock has increased by 45.3% and is now trading at $12.26. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avaya in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Avaya.

Avaya is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for Avaya.

Avaya Holdings Corp (NYSE:AVYA) released its quarterly earnings results on Monday, May, 11th. The company reported ($7.24) EPS for the quarter, missing the consensus estimate of $0.53 by $7.77. The firm had revenue of $682 million for the quarter, compared to the consensus estimate of $624.20 million. Avaya had a positive return on equity of 7.05% and a negative net margin of 49.10%. Avaya's revenue was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.12) EPS. View Avaya's earnings history.

Avaya issued an update on its third quarter 2020 Pre-Market earnings guidance on Monday, May, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $675-705 million, compared to the consensus revenue estimate of $618.51 million.

8 equities research analysts have issued 1-year price targets for Avaya's shares. Their forecasts range from $15.00 to $22.00. On average, they expect Avaya's share price to reach $17.63 in the next year. This suggests a possible upside of 43.8% from the stock's current price. View analysts' price targets for Avaya.

Media coverage about AVYA stock has trended negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Avaya earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Avaya.

Avaya saw a decrease in short interest in June. As of June 30th, there was short interest totaling 16,710,000 shares, a decrease of 8.6% from the June 15th total of 18,290,000 shares. Based on an average daily volume of 2,280,000 shares, the days-to-cover ratio is presently 7.3 days. Approximately 20.6% of the shares of the stock are short sold. View Avaya's Current Options Chain.

Some companies that are related to Avaya include Fabrinet (FN), Infinera (INFN), Telkom SA Ltd ADS (TLKGY), AudioCodes (AUDC), NetGear (NTGR), Plantronics (PLT), ADTRAN (ADTN), Akoustis Technologies (AKTS), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Franklin Wireless (FKWL), Communications Systems (JCS), Zoom Telephonics (ZMTP), Clearone (CLRO) and AltiGen Communications (ATGN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Avaya investors own include Alibaba Group (BABA), AT&T (T), Vertex Pharmaceuticals (VRTX), Verizon Communications (VZ), DexCom (DXCM), Enterprise Products Partners (EPD), AbbVie (ABBV), Advanced Micro Devices (AMD), Beyond Meat (BYND) and Cisco Systems (CSCO).

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

Shares of AVYA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AVYA stock can currently be purchased for approximately $12.26.

Avaya has a market capitalization of $1.01 billion and generates $2.89 billion in revenue each year. The company earns $-671,000,000.00 in net income (profit) each year or $3.91 on an earnings per share basis. Avaya employs 7,900 workers across the globe.

The official website for Avaya is www.avaya.com.

Avaya's mailing address is 4655 GREAT AMERICA PARKWAY, SANTA CLARA CA, 95054. The company can be reached via phone at 908-953-6000 or via email at [email protected]