NYSE:AVYAAvaya Stock Price, Forecast & News

Avaya's stock was trading at $8.44 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AVYA shares have increased by 51.2% and is now trading at $12.76. 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 quarterly earnings data on Monday, May, 11th. The company reported ($7.24) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.53 by $7.77. The business earned $682 million during 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%. The business's revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.12) earnings per share. 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 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 brokers have issued twelve-month price targets for Avaya's shares. Their forecasts range from $15.00 to $22.00. On average, they anticipate Avaya's share price to reach $17.63 in the next twelve months. This suggests a possible upside of 38.1% from the stock's current price. View analysts' price targets for Avaya.

News stories about AVYA stock have trended negative on Sunday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Avaya earned a news impact score of -2.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next few days. View the latest news about Avaya.

Avaya saw a decrease in short interest in the month of 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 trading volume of 2,280,000 shares, the short-interest ratio is presently 7.3 days. Approximately 20.6% of the company's 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 $12.76.

Avaya has a market capitalization of $1.06 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]