AvePoint, Inc. (AVPT)

NASDAQ: AVPT · IEX Real-Time Price · USD
7.69
+0.01 (0.13%)
Apr 19, 2024, 4:00 PM EDT - Market closed
0.13%
Market Cap 1.41B
Revenue (ttm) 271.83M
Net Income (ttm) -21.73M
Shares Out 183.98M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 71.84
Dividend n/a
Ex-Dividend Date n/a
Volume 570,313
Open 7.63
Previous Close 7.68
Day's Range 7.62 - 7.80
52-Week Range 4.01 - 8.61
Beta 0.87
Analysts Buy
Price Target 10.00 (+30.04%)
Earnings Date May 9, 2024

About AVPT

AvePoint, Inc. provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services. AvePoint, Inc. was incorporated in 2001... [Read more]

Sector Technology
Founded 2001
Employees 2,543
Stock Exchange NASDAQ
Ticker Symbol AVPT
Full Company Profile

Financial Performance

In 2023, AvePoint's revenue was $271.83 million, an increase of 16.99% compared to the previous year's $232.34 million. Losses were -$21.73 million, -47.81% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for AVPT stock is "Buy." The 12-month stock price forecast is $10.0, which is an increase of 30.04% from the latest price.

Price Target
$10.0
(30.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AvePoint to Announce First Quarter 2024 Financial Results on May 9

JERSEY CITY, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its first quarter 2024 finan...

1 day ago - GlobeNewsWire

AvePoint Launches New Analytics Capabilities for Copilot for Microsoft 365

AvePoint tyGraph, which now includes analytics for Copilot for Microsoft 365 adoption, helps organizations unlock the full potential of their AI investments and enhance employee experience AvePoint ty...

10 days ago - GlobeNewsWire

AvePoint's Inaugural AI and Information Management Report Reveals Organizations with Mature IM Strategies are 1.5x More Likely to Realize AI Benefits

Findings suggest a comprehensive IM strategy may also help overcome top challenges organizations faced during AI implementation, including unintended data exposure and data quality issues Findings sug...

16 days ago - GlobeNewsWire

AvePoint Announces Fourth Quarter and Full Year 2023 Financial Results

Full year SaaS revenue of $161.0 million, representing 37% year-over-year growthFull year Total revenue of $271.8 million, representing 17% year-over-year growthTotal ARR of $264.5 million, representi...

7 weeks ago - GlobeNewsWire

AvePoint Adds Three New Products to its FedRAMP (moderate) Authorization to Support the United States Public Sector

As part of its comprehensive cyber resilience strategy, AvePoint also achieves HITRUST CSF v11.0.1 certification for the AvePoint Confidence Platform for global healthcare customers As part of its com...

2 months ago - GlobeNewsWire

AvePoint to Announce Fourth Quarter and Full Year 2023 Financial Results on February 29

JERSEY CITY, N.J., Feb. 13, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its fourth quarter and full y...

2 months ago - GlobeNewsWire

Apex Technology Management Named MSP of the Year

REDDING, Calif.--(BUSINESS WIRE)--Apex Technology Management proudly named 2023 MSP of the Year by Channel Futures during the MSP 501 Awards Gala at Fontainebleau Miami Beach on November 1st. “In addi...

3 months ago - Business Wire

AvePoint to Participate in 26th Annual Needham Growth Conference

JERSEY CITY, N.J., Jan. 03, 2024 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced that members of the compa...

3 months ago - GlobeNewsWire

AvePoint Introduces Public Preview of AvePoint Confide to Secure and Simplify External Collaboration

Using SharePoint Embedded, the next generation of AvePoint Confide advances flexible, secure collaboration in the digital workplace Using SharePoint Embedded, the next generation of AvePoint Confide a...

5 months ago - GlobeNewsWire

AvePoint Announces Cloud Backup Express to Enable Accelerated, Secure Data Protection

Running Microsoft 365 Backup Storage, AvePoint Cloud Backup Express advances business continuity for secure collaboration in the digital workplace Running Microsoft 365 Backup Storage, AvePoint Cloud ...

5 months ago - GlobeNewsWire

AvePoint Announces Third Quarter 2023 Financial Results

Third quarter SaaS revenue of $41.9 million, representing 40% year-over-year growthThird quarter Total revenue of $72.8 million, representing 16% year-over-year growthTotal ARR of $250.6 million, repr...

5 months ago - GlobeNewsWire

AvePoint to Participate at Upcoming Investor Conferences

JERSEY CITY, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced that members of the compa...

6 months ago - GlobeNewsWire

AvePoint to Announce Third Quarter 2023 Financial Results on November 9

JERSEY CITY, N.J., Oct. 19, 2023 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its third quarter 2023 financ...

6 months ago - GlobeNewsWire

AI Trust Foundation Launches at AvePoint #shifthappens Conference to Advance Beneficial AI

Former Congressman Jerry McNerney serves as the Chief Policy Advisor to the foundation to inform safe and effective usage of AI across all levels of society Former Congressman Jerry McNerney serves as...

6 months ago - GlobeNewsWire

AvePoint Announces Anchor Investment by 65 Equity Partners

JERSEY CITY, N.J., Sept. 18, 2023 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced a definitive agreement h...

7 months ago - GlobeNewsWire

AvePoint Elevates Control Suite with Introduction of AvePoint EnPower

Advanced capabilities improve SaaS management across Microsoft 365 and Power Platform, driving operational efficiency and automated governance Advanced capabilities improve SaaS management across Micr...

8 months ago - GlobeNewsWire

AvePoint Announces Second Quarter 2023 Financial Results

Second quarter SaaS revenue of $38.3 million, representing 39% year-over-year growthSecond quarter Total revenue of $64.9 million, representing 16% year-over-year growthTotal ARR of $236.2 million, re...

9 months ago - GlobeNewsWire

AvePoint Announces Confidence Platform Updates to Enhance Digital Workplace Capabilities

New AvePoint Confidence Platform updates power digital transformation in the workplace, from data migration to cloud adoption New AvePoint Confidence Platform updates power digital transformation in t...

9 months ago - GlobeNewsWire

AvePoint Expands 20-Year Microsoft Relationship with Microsoft 365 Backup, Enhancing Data Resiliency Suite

Integration with the Microsoft 365 Backup API strengthens data protection and speeds time-to-restore for safe digital collaboration Integration with the Microsoft 365 Backup API strengthens data prote...

9 months ago - GlobeNewsWire

AvePoint to Announce Second Quarter 2023 Financial Results on August 9

JERSEY CITY, N.J., July 19, 2023 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, will report its second quarter 2023 finan...

9 months ago - GlobeNewsWire

BackupVault Partners With AvePoint To Expand Backup Solutions

BOURNEMOUTH, England--(BUSINESS WIRE)--BackupVault partners with AvePoint, a SaaS solutions provider, to expand its cloud backup capabilities. Discover enhanced data backup services today!.

9 months ago - Business Wire

AvePoint Achieves New ISO 27701:2019 Certification as Part of its Commitment to Security and Privacy

Audited against two additional ISO certifications with zero non-conformities for the second year in a row Audited against two additional ISO certifications with zero non-conformities for the second ye...

10 months ago - GlobeNewsWire

AvePoint Continues to Invest in Channel Innovation to Boost Revenue Opportunities for Partners and Achieve Profitable Growth

Expanded AvePoint Certification Program, new Partner Locator and DevOps capabilities designed to elevate experience and drive success for its vast global partner network Expanded AvePoint Certificatio...

10 months ago - GlobeNewsWire

AvePoint Fuels the Future of Secure Project Collaboration as a Microsoft Syntex Repository Services Launch Partner

AvePoint expands its ability to manage information and maximize IT investment with AvePoint Confide, built on Microsoft Syntex repository services, in private preview AvePoint expands its ability to m...

11 months ago - GlobeNewsWire

AvePoint Announces First Quarter 2023 Financial Results

First quarter SaaS revenue of $35.5 million, representing 34% year-over-year growth, 39% adjusted for constant currencyFirst quarter Total revenue of $59.6 million, representing 18% year-over-year gro...

1 year ago - GlobeNewsWire