NYSE:AVYAAvaya Stock Price, Forecast & News

Avaya's stock was trading at $8.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AVYA shares have increased by 68.8% and is now trading at $14.25. 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) issued its earnings results on Monday, May, 11th. The company reported ($7.24) earnings per share for the quarter, missing analysts' consensus estimates of $0.53 by $7.77. The business had revenue of $682 million for the quarter, compared to the consensus estimate 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 was down 4.5% on a year-over-year basis. During the same period in the prior year, the business earned ($0.12) EPS. View Avaya's earnings history.

Avaya updated 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 analysts have issued 12-month 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 21.1% from the stock's current price. View analysts' price targets for Avaya.

News headlines about AVYA stock have been trending extremely negative on Friday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news 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 daily sentiment score of -5.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutAvaya.

Some companies that are related to Avaya include Fabrinet (FN), AudioCodes (AUDC), Infinera (INFN), NetGear (NTGR), ADTRAN (ADTN), Plantronics (PLT), Telkom SA Ltd ADS (TLKGY), 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 number 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 bought 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 $14.25.

Avaya has a market capitalization of $1.18 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]