Scotiabank Predicts AvePoint’s FY2027 Earnings (NASDAQ:AVPT)

AvePoint, Inc. (NASDAQ:AVPTFree Report) – Analysts at Scotiabank issued their FY2027 earnings per share (EPS) estimates for AvePoint in a research report issued on Thursday, March 5th. Scotiabank analyst J. Vandrick anticipates that the company will post earnings of $0.28 per share for the year. The consensus estimate for AvePoint’s current full-year earnings is ($0.03) per share.

AvePoint (NASDAQ:AVPTGet Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02). The company had revenue of $114.69 million during the quarter, compared to the consensus estimate of $110.94 million. AvePoint had a net margin of 8.34% and a return on equity of 8.19%.

A number of other analysts have also weighed in on the company. Cantor Fitzgerald dropped their price objective on AvePoint from $18.00 to $15.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. TD Cowen decreased their target price on shares of AvePoint from $17.00 to $16.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. B. Riley Financial lowered their price target on shares of AvePoint from $25.00 to $22.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Stephens started coverage on shares of AvePoint in a research report on Monday, December 29th. They set an “overweight” rating and a $18.00 price target for the company. Finally, DA Davidson cut their price target on shares of AvePoint from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $17.11.

View Our Latest Report on AvePoint

AvePoint Price Performance

Shares of AvePoint stock opened at $11.02 on Monday. The business’s 50 day simple moving average is $11.80 and its two-hundred day simple moving average is $13.48. The stock has a market capitalization of $2.38 billion, a P/E ratio of 68.88 and a beta of 1.12. AvePoint has a one year low of $9.85 and a one year high of $20.25.

Insider Buying and Selling at AvePoint

In other news, Chairman Xunkai Gong sold 27,998 shares of AvePoint stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $13.39, for a total value of $374,893.22. Following the sale, the chairman directly owned 14,920,668 shares in the company, valued at approximately $199,787,744.52. This trade represents a 0.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 26.19% of the company’s stock.

Institutional Trading of AvePoint

Several large investors have recently added to or reduced their stakes in AVPT. AQR Capital Management LLC increased its position in AvePoint by 118.5% during the 1st quarter. AQR Capital Management LLC now owns 323,055 shares of the company’s stock valued at $4,665,000 after purchasing an additional 175,194 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in AvePoint by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 76,639 shares of the company’s stock worth $1,107,000 after purchasing an additional 3,340 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of AvePoint in the 1st quarter worth about $276,000. Goldman Sachs Group Inc. lifted its position in shares of AvePoint by 11.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 759,647 shares of the company’s stock worth $10,969,000 after purchasing an additional 76,403 shares during the period. Finally, Focus Partners Wealth bought a new stake in shares of AvePoint during the 1st quarter valued at about $737,000. Institutional investors own 44.49% of the company’s stock.

AvePoint Company Profile

(Get Free Report)

AvePoint, Inc (NASDAQ:AVPT) is a leading software provider specializing in data management, governance, and compliance solutions for Microsoft 365 and related cloud platforms. Founded in 2001 and headquartered in Jersey City, New Jersey, the company offers a comprehensive suite of cloud-based and on-premises tools designed to help organizations migrate, manage, and protect their collaboration data. AvePoint’s flagship Cloud Platform delivers backup, governance, reporting, and migration services for SharePoint, Teams, Exchange, OneDrive, and Salesforce environments.

With a customer base spanning thousands of organizations across more than 100 countries, AvePoint serves enterprises, government agencies, and educational institutions seeking to ensure data security, regulatory compliance, and operational resilience.

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