Avaya - AVYA Stock Forecast, Price & News

9 Wall Street research 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 research 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.
View AVYA analyst ratings or view top-rated stocks.

9 analysts have issued 12 month target prices for Avaya's shares. 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 year. This suggests a possible upside of 640.7% from the stock's current price.
View analysts price targets for AVYA or view top-rated stocks among Wall Street analysts.

Avaya's stock was trading at $19.80 at the start of the year. Since then, AVYA shares have decreased by 93.0% and is now trading at $1.38.
View the best growth stocks for 2022 here.

Avaya saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 22,570,000 shares, a decrease of 5.8% from the August 31st total of 23,950,000 shares. Based on an average daily trading volume, of 17,590,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 31.7% of the shares of the 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) posted its quarterly earnings results on Tuesday, August, 9th. The company reported ($0.31) EPS for the quarter, missing analysts' consensus estimates of ($0.23) by $0.08. The business had revenue of $577 million for the quarter, compared to the consensus estimate 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 company's revenue for the quarter was down 21.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.43 EPS.

Avaya issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided 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."

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.
Compare Top Brokerages Here.

One share of AVYA stock can currently be purchased for approximately $1.38.

Avaya (NYSE:AVYA) has a market capitalization of $118.46 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.