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 73.0% and is now trading at $14.60. 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) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $7.77. The firm earned $682 million during the quarter, compared to analyst estimates of $624.20 million. Avaya had a negative net margin of 49.10% and a positive return on equity of 7.05%. Avaya's revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($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 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 brokerages have issued 1 year target prices for Avaya's stock. Their forecasts range from $14.00 to $22.00. On average, they expect Avaya's share price to reach $17.25 in the next year. This suggests a possible upside of 18.2% from the stock's current price. View analysts' price targets for Avaya.

News headlines about AVYA stock have been trending very negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. 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 -3.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutAvaya.

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

Avaya's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Weiss Multi Strategy Advisers LLC (6.60%), Victory Capital Management Inc. (4.12%), Victory Capital Management Inc. (4.12%), Alliancebernstein L.P. (2.54%), Rothschild & Co. Asset Management US Inc. (2.72%) and Invesco Senior Secured Management Inc. ADV (2.28%). View institutional ownership trends for Avaya.

AVYA stock was sold by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Invesco Senior Secured Management Inc. ADV, Fort Washington Investment Advisors Inc. OH, Balyasny Asset Management LLC, New York State Common Retirement Fund, AQR Capital Management LLC, Symphony Asset Management LLC, and Chicago Equity Partners LLC. View insider buying and selling activity for Avaya.

AVYA stock was acquired by a variety of institutional investors in the last quarter, including Weiss Multi Strategy Advisers LLC, Victory Capital Management Inc., Victory Capital Management Inc., Rothschild & Co. Asset Management US Inc., Prudential PLC, Russell Investments Group Ltd., Maverick Capital Ltd., and Mackenzie Financial Corp. View insider buying and selling activity for Avaya.

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 $14.60.

Avaya has a market capitalization of $1.21 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]