Home » Stocks » AVID

Avid Technology, Inc. (AVID)

Stock Price: $17.90 USD -1.23 (-6.43%)
Updated Jan 27, 2021 4:00 PM EST - Market closed
After-hours: $17.61 -0.29 (-1.62%) Jan 27, 7:28 PM
Market Cap 791.32M
Revenue (ttm) 372.47M
Net Income (ttm) 19.35M
Shares Out 44.02M
EPS (ttm) 0.42
PE Ratio 42.32
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day January 27
Last Price $17.90
Previous Close $19.13
Change ($) -1.23
Change (%) -6.43%
Day's Open 18.89
Day's Range 17.66 - 19.25
Day's Volume 567,269
52-Week Range 4.92 - 19.25

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GlobeNewsWire - 17 hours ago

Partnership unlocks the power of IP contribution from anywhere with the MediaCentral platform Partnership unlocks the power of IP contribution from anywhere with the MediaCentral platform

CNBC - 1 week ago

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Intel and BioMarin.

Other stocks mentioned: BMRN, IIVI, INTC, UCTT
GlobeNewsWire - 1 week ago

New solution provides simple, reliable and secure contribution from IP streams into Avid's MediaCentral platform for fast turnaround workflows New solution provides simple, reliable and secure...

Zacks Investment Research - 2 weeks ago

Avid (AVID) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

GlobeNewsWire - 3 weeks ago

BURLINGTON, Mass., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Avid ® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, announced today that it has entered ...

GlobeNewsWire - 3 weeks ago

BURLINGTON, Mass., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, its...

Seeking Alpha - 3 weeks ago

The turnaround at Avid Technology is gathering pace even in the face of pandemic headwinds that reduced revenue. The increase in subscription service, margin expansion, cost decline and strong...

Investopedia - 1 month ago

These are the video game stocks with the best value, fastest growth, and most momentum for Q1 2021.

Other stocks mentioned: ATVI, BILI, NTDOY, SE
GlobeNewsWire - 1 month ago

In the spirit of listening to the voice of customers Avid engages its media technology user community to shape future innovation In the spirit of listening to the voice of customers Avid engag...

GlobeNewsWire - 2 months ago

Avid brings powerful HDX DSP technology to individual artists, bands and producers for the fastest, smoothest and most inspiring recording experience Avid brings powerful HDX DSP technology to...

GlobeNewsWire - 2 months ago

MediaCentral | Collaborate and MediaCentral | Reporter apps and new NRCS integration accelerate end-to-end workflows for news, sports and post production teams MediaCentral | Collaborate and M...

Zacks Investment Research - 2 months ago

Selecting breakout stocks continues to be one of the most popular methods utilized by active investors. This technique seeks to identify those stocks whose prices are varying within a specific...

Other stocks mentioned: CTG, MAT, PRGX
The Motley Fool - 2 months ago

The tech provider is seeing a demand turnaround, although sales were still down.

Seeking Alpha - 2 months ago

Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

Avid (AVID) delivered earnings and revenue surprises of 80.00% and 8.45%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 2 months ago

14 .1 % Sequential Revenue Growth as End Markets Begin to Recover from COVID-19 Downturn

Zacks Investment Research - 3 months ago

Avid (AVID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 3 months ago

BURLINGTON, Mass., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, Chi...

Zacks Investment Research - 4 months ago

Avid (AVID) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

GlobeNewsWire - 4 months ago

Editors Can Now Easily Access Avid Asset Management and Storage within Their Adobe Premiere Pro Workflows; Avid to Unveil Details with Adobe During All-Access Launch Event for the Creative Com...

GlobeNewsWire - 4 months ago

In Conjunction with Avid Reseller MelroseMAC, QSR Systems Enhances Its Capacity to Support Film and Broadcast Content Creators as Their Workflows Evolve 

The Motley Fool - 4 months ago

The company faces a long recovery after the COVID-19 pandemic shut down the live entertainment industry.

GlobeNewsWire - 4 months ago

BURLINGTON, Mass., Aug. 31, 2020 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that its executive ...

GlobeNewsWire - 5 months ago

Avid NEXIS 2020 propels storage reliability, openness and cost-efficiency while better enabling content creators to work from anywhere and keep pace with growing content demands Avid NEXIS 202...

Zacks Investment Research - 5 months ago

Digital transformation has boosted spending on computer software, with these five stocks set to rally

Other stocks mentioned: AZPN, BLKB, CDNS, RST
Zacks Investment Research - 5 months ago

Avid (AVID) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Zacks Investment Research - 5 months ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Zacks Investment Research - 5 months ago

Does Avid Technology (AVID) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment Research - 5 months ago

Avid Technology is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Seeking Alpha - 5 months ago

Avid Turnaround Has Considerably Further To Run

GlobeNewsWire - 5 months ago

New Strategic Purchasing Agreement Makes All Avid Audio and Video Solutions Available to Diversified’s Clients through a Single Source New Strategic Purchasing Agreement Makes All Avid Audio a...

The Motley Fool - 5 months ago

While revenue took a tumble, the bottom line soared thanks to cost cuts.

Seeking Alpha - 5 months ago

Avid Technology's (AVID) CEO Jeff Rosica on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

Avid (AVID) delivered earnings and revenue surprises of 1300.00% and 2.40%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 5 months ago

68% Year-Over-Year Subscription Revenue Growth Driven by Continued Increase in Paid Subscriptions with Net Increase of 24,000 Subscriptions in the Quarter

Benzinga - 5 months ago

On Monday, August 03, Avid Technology (NASDAQ: AVID) will report its last quarter's earnings.

Seeking Alpha - 5 months ago

Avid Technology: Value Play In Tech Has Risks

Zacks Investment Research - 6 months ago

Avid (AVID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 6 months ago

BURLINGTON, Mass., July 20, 2020 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, C...

Zacks Investment Research - 6 months ago

Avid Technology (AVID) closed at $7.24 in the latest trading session, marking a -0.41% move from the prior day.

Zacks Investment Research - 7 months ago

Avid Technology (AVID) closed at $7.18 in the latest trading session, marking a +1.27% move from the prior day.

The Motley Fool - 7 months ago

Investors were inspired by Impactive Capital's vote of confidence.

Benzinga - 8 months ago

Avid Technology, Inc. (NASDAQ: AVID) shares are trading higher on Tuesday. Northland Capital Markets initiated coverage on the stock with an Outperform rating and announced a price target of $14.

GlobeNewsWire - 8 months ago

Avid-powered storage and graphics toolkit enables one of Europe’s biggest broadcasters to quickly adapt and deliver creativity as part of technology overhaul

Seeking Alpha - 8 months ago

Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 8 months ago

If other factors are constant while comparing stocks, the one with a higher earnings yield has the potential to provide comparatively greater returns.

Other stocks mentioned: ALXN, BTG, CURO, SAVA
Zacks Investment Research - 8 months ago

Avid Technology (AVID) Q1 results likely to reflect higher recurring revenues, driven by subscriptions revenue growth, partially offset by lower non-recurring revenues due to Covid-19-led lock...

GlobeNewsWire - 8 months ago

Strategic Cloud Partners Build on Early Success to Help Media Companies with Content Workflows in the Cloud; 

Zacks Investment Research - 9 months ago

As the U.S. economy gears up to reopen in phases, it would be prudent to invest in growth stocks.

Other stocks mentioned: BBW, JAKK, KLR, MX
GlobeNewsWire - 9 months ago

Avid’s freemium strategy attracting whole new generation of content creators to paid subscriptions for the same tools used by the world’s most celebrated professionals Avid’s freemium strategy...

About AVID

Avid Technology develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its au... [Read more...]

Industry
Electronic Gaming & Multimedia
IPO Date
Mar 11, 1993
CEO
Jeff Rosica
Employees
1,429
Stock Exchange
NASDAQ
Ticker Symbol
AVID
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for AVID stock is "Buy." The 12-month stock price forecast is 19.88, which is an increase of 11.06% from the latest price.

Price Target
$19.88
(11.06% upside)
Analyst Consensus: Buy