AvePoint (NASDAQ:AVPT – Free Report) had its price objective lifted by Cantor Fitzgerald from $15.00 to $19.00 in a research report released on Friday morning, Marketbeat reports. They currently have an overweight rating on the stock.
Several other equities research analysts have also recently issued reports on the stock. Citigroup reaffirmed a “neutral” rating on shares of AvePoint in a research report on Wednesday, August 12th. Wall Street Zen raised AvePoint from a “hold” rating to a “buy” rating in a report on Saturday, October 31st. TD Cowen raised their price target on AvePoint from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday. BMO Capital Markets began coverage on AvePoint in a report on Tuesday, October 6th. They set an “outperform” rating and a $17.00 price target for the company. Finally, Weiss Ratings raised AvePoint from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $17.64.
Read Our Latest Research Report on AvePoint
AvePoint Price Performance
Shares of AVPT stock traded up $0.13 during trading hours on Friday, reaching $16.55. 3,811,903 shares of the stock were exchanged, compared to its average volume of 3,855,210. The business’s fifty day moving average is $14.54 and its two-hundred day moving average is $12.00. The firm has a market capitalization of $3.50 billion, a P/E ratio of 48.68 and a beta of 1.13. AvePoint has a 12-month low of $8.84 and a 12-month high of $17.52.
AvePoint (NASDAQ:AVPT – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). AvePoint had a return on equity of 15.97% and a net margin of 15.33%. The firm had revenue of $131.10 million during the quarter, compared to analysts’ expectations of $129.39 million. As a group, equities research analysts predict that AvePoint will post 0.25 earnings per share for the current fiscal year.
Insider Activity at AvePoint
In related news, insider Brian Brown sold 72,606 shares of AvePoint stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $15.26, for a total transaction of $1,107,967.56. Following the sale, the insider directly owned 259,604 shares in the company, valued at $3,961,557.04. This trade represents a 21.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 230,000 shares of company stock valued at $3,430,412. Company insiders own 22.66% of the company’s stock.
Hedge Funds Weigh In On AvePoint
Several large investors have recently bought and sold shares of AVPT. Dimensional Fund Advisors LP grew its holdings in shares of AvePoint by 25.7% during the first quarter. Dimensional Fund Advisors LP now owns 3,264,082 shares of the company’s stock worth $31,040,000 after purchasing an additional 666,422 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of AvePoint by 106.7% in the 2nd quarter. Wellington Management Group LLP now owns 2,776,579 shares of the company’s stock valued at $31,125,000 after purchasing an additional 1,433,299 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of AvePoint by 25.0% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,675,587 shares of the company’s stock valued at $25,445,000 after purchasing an additional 535,015 shares during the period. Renaissance Technologies LLC boosted its position in shares of AvePoint by 16.4% in the 1st quarter. Renaissance Technologies LLC now owns 2,580,153 shares of the company’s stock valued at $24,537,000 after purchasing an additional 363,200 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of AvePoint by 185.8% in the 1st quarter. Bank of America Corp DE now owns 1,253,662 shares of the company’s stock valued at $11,922,000 after purchasing an additional 815,074 shares during the period. Institutional investors and hedge funds own 44.49% of the company’s stock.
Trending Headlines about 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
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.
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