AvePoint (NASDAQ:AVPT) Posts Earnings Results, Misses Estimates By $0.01 EPS

AvePoint (NASDAQ:AVPT) posted its quarterly earnings results on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01), FiscalAI reports. The firm had revenue of $131.10 million for the quarter, compared to the consensus estimate of $129.39 million. AvePoint had a return on equity of 15.97% and a net margin of 15.33%.

Here are the key takeaways from AvePoint’s conference call:

• AvePoint reported record net new ARR of $30 million, up 34% year over year, with FX-adjusted ARR growth accelerating to 25%. Revenue was $131.1 million, up 20% on a constant-currency basis, and gross retention reached the company’s 90% target.
• Demand for AI governance is gaining traction: AgentPulse customers grew more than 50% sequentially and the number of agents it manages more than doubled. AvePoint said control bundles—which include AgentPulse—accounted for a rising share of new ARR, while the standalone AgentPulse offering is generating a strong pipeline.
• Management raised its full-year ARR outlook by $1 million at the midpoint to $524.8 million–$528.8 million, representing 26% growth. It also expects fourth-quarter revenue of $138.4 million–$140.4 million.
• Profitability and cash generation remained solid: GAAP operating margin expanded more than 130 basis points year over year to 8.7%, and operating cash flow was over $31 million in Q3. The company repurchased about $31 million of shares during the quarter and said it has approximately $89 million remaining in its buyback program.
• Investment in AI Trust capabilities is weighing on near-term margins: operating expenses rose to 56% of revenue from 53% a year ago, and gross margin fell to 72.8% from 75.1%, mainly due to lower services margins. Management said Q4 operating margin should improve sequentially but remain below the prior-year level as investment continues.

AvePoint Stock Performance

Shares of AvePoint stock traded up $0.13 on Friday, hitting $16.55. The company’s stock had a trading volume of 3,811,903 shares, compared to its average volume of 3,855,210. AvePoint has a 1 year low of $8.84 and a 1 year high of $17.52. The firm has a fifty day moving average price of $14.54 and a 200-day moving average price of $12.00. The company has a market capitalization of $3.50 billion, a price-to-earnings ratio of 48.68 and a beta of 1.13.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Stephens upped their target price on AvePoint from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Monday, September 21st. TD Cowen raised their price target on AvePoint from $15.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday. Evercore restated an “outperform” rating and set a $16.00 price target on shares of AvePoint in a research note on Friday, August 7th. Jefferies Financial Group boosted their price target on AvePoint from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Sunday, October 25th. Finally, Citigroup restated a “neutral” rating on shares of AvePoint in a report on Wednesday, August 12th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $17.64.

Key Stories Impacting AvePoint

Here are the key news stories impacting AvePoint this week:

• Positive Sentiment: Third-quarter revenue rose 19% year over year to $131.1 million, topping analyst expectations of $129.39 million. SaaS revenue grew 26% to $105.5 million, while total annual recurring revenue increased 27% to $495.1 million—indicators of continued demand and recurring-revenue growth. AvePoint third-quarter results
• Positive Sentiment: AvePoint expects full-year 2026 revenue of $511.3 million to $513.3 million, slightly above FactSet’s $511 million estimate. The company’s raised outlook may support investor confidence in its growth trajectory. AvePoint revenue outlook
• Positive Sentiment: Cantor Fitzgerald raised its price target to $19 from $15 and maintained an Overweight rating, signaling increased analyst optimism. Cantor Fitzgerald ratings
• Neutral Sentiment: AvePoint appointed Ali Rohani as chief strategy and customer officer. The appointment may inform the company’s strategic direction, but its near-term financial impact is unclear. Leadership appointment
• Negative Sentiment: EPS coverage is mixed: Zacks reports $0.12 per share versus an $0.08 consensus, while MarketBeat reports $0.08 versus a $0.09 consensus. The differing figures may reflect different earnings measures, but the reported miss could temper the otherwise positive revenue and growth news. Zacks earnings report

Insider Activity

In other AvePoint news, insider Brian Brown sold 72,606 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $15.26, for a total value of $1,107,967.56. Following the transaction, the insider owned 259,604 shares in the company, valued at approximately $3,961,557.04. This trade represents a 21.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 230,000 shares of company stock worth $3,430,412. Company insiders own 22.66% of the company’s stock.

AvePoint Company Profile

AvePoint, Inc (NASDAQ:AVPT) is a data management and governance software company that helps organizations protect, manage and modernize information across cloud, hybrid and on-premises environments. Its solutions are designed primarily for collaboration and productivity platforms, including Microsoft 365, SharePoint, Dynamics 365 and Salesforce.

The company’s product portfolio includes cloud backup and recovery, data migration, governance, security, compliance and administration tools.