
AvePoint (AVPT) Stock Forecast & Price Target
AvePoint (AVPT) Analyst Ratings
Bulls say
AvePoint Inc has demonstrated significant growth in its SaaS segment, which now constitutes 60.7% of total revenue, up from 52.0% in the previous quarter. The company reported a considerable increase in annual recurring revenue (ARR), reaching $290.1 million, reflecting a year-over-year growth of 22.8%, supported by strong subscription revenue growth of 40.1%. Additionally, AvePoint's adjusted operating margins improved by 680 basis points year-over-year, indicating effective operational leverage and enhanced profitability as the company expands its customer base.
Bears say
AvePoint Inc. is facing a negative outlook primarily due to a decrease in net revenue retention, which fell from 110% to 109% attributed to foreign exchange headwinds, particularly in Japan. The company's strategy highlighting SaaS revenue and ARR is undermined by declining term, license, and support (TLS) revenue, leading to a downward revision of revenue estimates by 3.9% and adjusted operating income by approximately 15%. Additionally, key risks such as increased competition from cloud providers, pressure on IT budgets, and volatility associated with their significant reliance on Microsoft present further challenges to AvePoint's financial stability and growth prospects.
This aggregate rating is based on analysts' research of AvePoint and is not a guaranteed prediction by Public.com or investment advice.
AvePoint (AVPT) Analyst Forecast & Price Prediction
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