Avid Technology, Inc. (AVID)

NASDAQ: AVID · IEX Real-Time Price · USD
32.72 1.24 (3.94%)
Jan 14, 2022 4:00 PM EST - Market closed
Market Cap1.47B
Revenue (ttm)395.18M
Net Income (ttm)33.26M
Shares Out45.02M
EPS (ttm)0.72
PE Ratio45.63
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume512,877
Open31.33
Previous Close31.48
Day's Range30.96 - 32.76
52-Week Range16.43 - 40.48
Beta1.20
AnalystsBuy
Price Target42.50 (+29.9%)
Earnings DateNov 9, 2021

About AVID

Avid Technology, Inc. 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; Avid 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 su...

IndustryTechnology Hardware, Storage & Peripherals
IPO DateMar 11, 1993
CEOJeff Rosica
Employees1,362
Stock ExchangeNASDAQ
Ticker SymbolAVID
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AVID stock is "Buy." The 12-month stock price forecast is 42.50, which is an increase of 29.89% from the latest price.

Price Target
$42.50
(29.89% upside)
Analyst Consensus: Buy

News

Avid Technology to Participate in the 24th Annual Needham Virtual Growth Conference

BURLINGTON, Mass., Dec. 22, 2021 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that its executive management w...

3 weeks ago - GlobeNewsWire

Avid Learning Collective Awards Six Educational Organizations for Advancing Diversity, Equity and Inclusion through M...

New program gifts video and audio creation technologies and training to high-performing learning initiatives; call for 2022 applications open through February 15 New program gifts video and audio creati...

3 weeks ago - GlobeNewsWire

Media Production Firms Black Spot and Luminosity Entertainment Go Remote with Avid | Edit On Demand Cloud Video Editi...

Growing adoption of Avid's SaaS offering highlights benefits of remote workflows to keep post production teams in motion Growing adoption of Avid's SaaS offering highlights benefits of remote workflows ...

1 month ago - GlobeNewsWire

New Capabilities in Avid MediaCentral Bring Graphic Designers into Broadcast TV and Production Workflows

Adobe Photoshop and Adobe After Effects Users Can Collaborate Seamlessly in Avid's Open MediaCentral Production Environments Adobe Photoshop and Adobe After Effects Users Can Collaborate Seamlessly in A...

1 month ago - GlobeNewsWire

Avid Technology (AVID) Q3 Earnings and Revenues Beat Estimates

Avid (AVID) delivered earnings and revenue surprises of 12.50% and 4.80%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Earnings Preview: Avid Technology (AVID) Q3 Earnings Expected to Decline

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.

2 months ago - Zacks Investment Research

Got $3,000? These Supercharged Stocks Can Triple Your Money in a Decade

These two tech stocks are benefiting from big megatrends.

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2 months ago - The Motley Fool

Avid Expands IP Content Sources for Live TV Content Workflows to Include Sony and TVU Networks

Content contribution from any SRT or RTMP enabled device into Avid production environments now possible Content contribution from any SRT or RTMP enabled device into Avid production environments now pos...

2 months ago - GlobeNewsWire

Avid Technology Announces $115 Million Share Repurchase Authorization

BURLINGTON, Mass., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Avid ® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that its Board of Directors h...

4 months ago - GlobeNewsWire

Avid Tumbled After Earnings. Is This a Buying Opportunity?

The supplier of tech for video and audio content production disappointed the market with its second-quarter results -- but were traders being short-sighted?

4 months ago - The Motley Fool

Avid Technology to Participate in September Investor Conferences

BURLINGTON, Mass., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that its executive management w...

4 months ago - GlobeNewsWire

Hula Post Puts Avid Subscription Software to Work for Celebrated Film and TV Production Clientele

In a move from perpetual licensing, Hula's clients get up-to-the-minute features and capabilities from Media Composer editing software In a move from perpetual licensing, Hula's clients get up-to-the-mi...

4 months ago - GlobeNewsWire

Avid Enhances Media Composer Subscription Offering to Accelerate Content Editing and Production

Media Composer | Distributed Processing speeds creative workflows by offloading processor-intensive tasks Media Composer | Distributed Processing speeds creative workflows by offloading processor-intens...

4 months ago - GlobeNewsWire

Swedish National Broadcaster SVT Chooses Avid Software Subscription for TV News and Programming Production Workflows

Enterprise-wide subscription for MediaCentral platform and creative tools adds flexibility and capabilities for large and distributed production teams Enterprise-wide subscription for MediaCentral platf...

4 months ago - GlobeNewsWire

Avid Expands MediaCentral Integration with Third-Party Newsroom Computer Systems

New OpenMedia integration enables news production teams to accelerate workflows and collaborate remotely with the industry's leading content platform without having to change their newsroom solution New...

4 months ago - GlobeNewsWire

Christy's Embraces Avid Enterprise Software Subscription to Supply Editing Resources Across Hollywood

Legendary family-owned shop built on extremely high-caliber service continues to innovate its offering to top film and TV creators Legendary family-owned shop built on extremely high-caliber service con...

4 months ago - GlobeNewsWire

New EUCON Update Delivers Custom Plugin Mapping and Meter Creation for Avid Control Surfaces

Update introduces new level of customization and visual feedback features to industry-leading Avid control surfaces Update introduces new level of customization and visual feedback features to industry-...

5 months ago - GlobeNewsWire

Avid Technology (AVID) Beats Q2 Earnings and Revenue Estimates

Avid (AVID) delivered earnings and revenue surprises of 8.70% and 3.87%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Avid Technology: Q2 Earnings Insights

Shares of Avid Technology (NASDAQ:AVID) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 108.33% year over year to $0.25, which beat the e...

5 months ago - Benzinga

Avid Technology Announces Second Quarter 2021 Results

19.7% Year-Over-Year Revenue Growth, driven by Continued Subscription Growth and Recovery in Integrated Solutions

5 months ago - GlobeNewsWire

Avid Unveils Sibelius Mobile App Placing Powerful Notation Tools at Music Creators' Fingertips Everywhere They Go

Sibelius users gain new mobile workflows with iPad app to compose anywhere Sibelius users gain new mobile workflows with iPad app to compose anywhere

5 months ago - GlobeNewsWire

Avid Technology (AVID) Earnings Expected to Grow: Should You Buy?

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.

5 months ago - Zacks Investment Research

Avid Technology Announces Conference Call to Discuss Second Quarter 2021 Financial Results

BURLINGTON, Mass., July 23, 2021 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, announced today that Jeff Rosica, Chief Executi...

5 months ago - GlobeNewsWire

The 10 Best ‘Bigger-Than-Small-Cap' ‘Smaller-Than-Midcap' Stocks to Buy Now

Here are 10 stocks to buy that straddle the line between small-cap and mid-cap stocks, otherwise known as SMID cap stocks. The post The 10 Best ‘Bigger-Than-Small-Cap' ‘Smaller-Than-Midcap' Stocks to Bu...

6 months ago - InvestorPlace

Avid's Pro Tools | Ultimate Now Includes New Hybrid Engine for HDX Systems, Expanding Performance and Capabilities

Made available as part of the Pro Tools | Ultimate June 2021 software release, the patented Hybrid Engine maximizes the performance of HDX systems by unlocking higher voice counts for bigger sessions an...

6 months ago - GlobeNewsWire