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Avalara, Inc. (AVLR)

NYSE: AVLR · IEX Real-Time Price · USD
180.99 4.23 (2.39%)
Oct 21, 2021 1:39 PM EDT - Market open
Market Cap15.26B
Revenue (ttm)595.31M
Net Income (ttm)-81.40M
Shares Out86.09M
EPS (ttm)-0.96
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume84,741
Open176.03
Previous Close176.76
Day's Range175.51 - 181.71
52-Week Range117.33 - 191.67
Beta0.72
AnalystsBuy
Price Target210.00 (+16.0%)
Est. Earnings DateNov 4, 2021

About AVLR

Avalara, Inc., together with its subsidiaries, provides cloud-based solutions for transaction tax compliance worldwide. The company offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Returns for tax re...

IndustrySoftware
IPO DateJun 15, 2018
Employees3,351
Stock ExchangeNYSE
Ticker SymbolAVLR
Full Company Profile

Financial Performance

In 2020, Avalara's revenue was $500.57 million, an increase of 30.89% compared to the previous year's $382.42 million. Losses were -$49.18 million, -2.05% less than in 2019.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for Avalara stock is "Buy." The 12-month stock price forecast is 210.00, which is an increase of 16.03% from the latest price.

Price Target
$210.00
(16.03% upside)
Analyst Consensus: Buy

News

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Concerning Possible Breaches of Fid...

New York, New York--(Newsfile Corp. - October 19, 2021) - Levi & Korsinsky announces it has commenced an investigation of Avalara, Inc. (NASDAQ: AVLR) concerning possible breaches of fiduciary duty. To ...

1 day ago - Newsfile Corp

Avalara Buys CrowdReason, Boosts Property Tax Compliance Offering

Avalara has bought CrowdReason, which works on developing Software-as-a-Service (SaaS) property tax compliance applications, to help businesses manage that kind of service, Seeking Alpha reported Monday...

2 days ago - PYMNTS

Avalara continues acquisition spree with purchase of property tax compliance company CrowdReason

Tax software giant Avalara made yet another acquisition, announcing Monday that it bought property tax compliance software developer CrowdReason Limited Liability Company.

2 days ago - GeekWire

Avalara Acquires CrowdReason to Help Businesses Manage Property Tax Compliance

SEATTLE--(BUSINESS WIRE)---- $AVLR--Avalara (NYSE: AVLR), a leading provider of tax compliance automation software for businesses of all sizes, today announced it has acquired CrowdReason Limited Liabil...

2 days ago - Business Wire

Avalara Recognized as a Leader in Three IDC MarketScape Reports on Worldwide Tax Automation

SEATTLE--(BUSINESS WIRE)---- $AVLR--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation software for businesses of all sizes, has been named a Leader in three IDC MarketScape rep...

1 week ago - Business Wire

Avalara Acquires Track1099 to Help Businesses Manage IRS Form Filing Requirements

SEATTLE--(BUSINESS WIRE)---- $AVLR--Avalara (NYSE: AVLR), a leading provider of tax compliance automation software for businesses of all sizes, today announced it has acquired Track1099 LLC, a company t...

2 weeks ago - Business Wire

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Concerning Possible Breaches of Fid...

New York, New York--(Newsfile Corp. - September 23, 2021) - Levi & Korsinsky announces it has commenced an investigation of Avalara, Inc. (NASDAQ: AVLR) concerning possible breaches of fiduciary duty. T...

3 weeks ago - Newsfile Corp

Avalara Appoints Marcela Martin to its Board of Directors

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation software for businesses of all sizes, today announced the appointment of global finance leader Marce...

1 month ago - Business Wire

Avalara nabs nearly $1B in debt securities to fuel growing tax compliance software business

Seattle-based Avalara is getting a large cash infusion as its business continues to benefit from the e-commerce boom and increasing regulatory obligations.

2 months ago - GeekWire

Avalara Raises $850M Via Institutional Offering Of Senior Convertible Notes

Avalara Inc (NYSE: AVLR) priced $850 million 0.25% senior convertible notes due 2026 in a private institutional placement. The initial purchasers have a 13-day option to purchase additional notes up to ...

2 months ago - Benzinga

Avalara Prices Offering of $850 Million of Convertible Senior Notes due 2026

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR) announced today the pricing of its offering of $850 million aggregate principal amount of its 0.25% convertible senior notes due 2026 (the “Notes”) i...

2 months ago - Business Wire

Avalara Announces Proposed Offering of $850 Million of Convertible Senior Notes due 2026

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR) today announced that it intends to offer, subject to market and other conditions, $850 million aggregate principal amount of its convertible senior n...

2 months ago - Business Wire

Analysts Raise Avalara's Price Target Following Q2 Earnings Beat

Raymond James analyst Brian Peterson raised the price target on Avalara Inc (NYSE:AVLR) to $220 from $155, implying a 29.7% upside, and reiterated an Outperform rating, praising the Q2 beat.  Avalara's ...

2 months ago - Benzinga

Avalara (AVLR) Tops Q2 Earnings and Revenue Estimates

Avalara (AVLR) delivered earnings and revenue surprises of 120.00% and 9.71%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Avalara Announces Second Quarter 2021 Financial Results

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced financial results for its second quarter ended June 30,...

2 months ago - Business Wire

Avalara to Present at Upcoming Investor Conferences

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced the following upcoming virtual investor conference pres...

2 months ago - Business Wire

Avalara for Hospitality Helps Lodging Businesses Manage Tax Compliance

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the availability of Avalara for Hospitality...

2 months ago - Business Wire

Avalara Managed Tax Category Classification Simplifies Product Classifications and Taxability Determinations for Busi...

SEATTLE--(BUSINESS WIRE)---- $AVLR--Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced Avalara Managed Tax Category Clas...

2 months ago - Business Wire

Avalara to Announce Second Quarter 2021 Financial Results on August 5, 2021

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced that it will report financial results for its second qu...

2 months ago - Business Wire

Avalara Enhances VAT Solutions to Enable Global Businesses to Manage VAT Registrations, Calculations, and Reporting

SEATTLE--(BUSINESS WIRE)---- $AVLR--Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced updated products to help business...

3 months ago - Business Wire

Volusion Partners with Avalara to Automate Tax Compliance

AUSTIN, Texas, July 9, 2021 /PRNewswire/ -- Volusion, an Austin-based provider of ecommerce services for online businesses, announced Wednesday that they have partnered with Avalara (NYSE: AVLR), a lead...

3 months ago - PRNewsWire

4 Top Cloud Stock Picks For The Second Half Of 2021

Piper Sandler & Co. analyst Brent Bracelin released an industry note Wednesday, highlighting the firm's top cloud application and analytics company stocks to own for the second half of 2021. Cloud Indus...

Other symbols:BIGCTWLOU
3 months ago - Benzinga

Avalara Appoints Srinivas Tallapragada and Retired Lieutenant General Bruce Crawford to its Board of Directors

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation software for businesses of all sizes, today announced the appointment of global technology leader an...

3 months ago - Business Wire

Avalara Enables Global Sellers to Manage Treaty and Trade Restrictions for Cross-Border Commerce

SEATTLE--(BUSINESS WIRE)--Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced new capabilities being added to its cross-b...

3 months ago - Business Wire

7 Bombed Out Tech Stocks Set for Huge Comebacks

With reopening names surging, tech stocks have fallen down a peg. But in areas such as streaming and SaaS, there are great opportunities.

Other symbols:AINCNONFLXSPOTTMEU
4 months ago - InvestorPlace