Avaya - AVYA Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avaya in the last year. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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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9 Wall Street analysts have issued 12-month price objectives for Avaya's stock. Their AVYA share price forecasts range from $3.00 to $24.00. On average, they predict the company's stock price to reach $10.22 in the next twelve months. This suggests a possible upside of 542.9% from the stock's current price.
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Avaya's stock was trading at $19.80 at the beginning of the year. Since then, AVYA shares have decreased by 92.0% and is now trading at $1.59.
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Avaya saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 23,950,000 shares, an increase of 57.2% from the August 15th total of 15,240,000 shares. Based on an average daily trading volume, of 16,150,000 shares, the short-interest ratio is currently 1.5 days. Currently, 33.7% of the company's stock are short sold.
View Avaya's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 28th 2022.
View our AVYA earnings forecast.

Avaya Holdings Corp. (NYSE:AVYA) announced its quarterly earnings data on Tuesday, August, 9th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.23) by $0.08. The business earned $577 million during the quarter, compared to analyst estimates of $575.88 million. Avaya had a positive trailing twelve-month return on equity of 32.42% and a negative net margin of 53.11%. The firm's revenue for the quarter was down 21.2% on a year-over-year basis. During the same period last year, the firm earned $0.43 EPS.

Avaya updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $575.00 million-$580.00 million, compared to the consensus revenue estimate of $689.39 million.

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 ON Semiconductor (ON).

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

Avaya's stock is owned by many different institutional and retail investors. Top institutional shareholders include Group One Trading L.P. (0.00%), Voss Capital LLC (3.02%), Prescott Group Capital Management L.L.C. (2.07%), Victory Capital Management Inc. (2.05%), DLD Asset Management LP (0.00%) and Parallax Volatility Advisers L.P. (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 $1.59.

Avaya (NYSE:AVYA) has a market capitalization of $136.48 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.