AvePoint (NASDAQ:AVPT) Stock Gets Price Target Bump from Cantor Fitzgerald

AvePoint (NASDAQ:AVPT – Get Free Report) had its price target increased by equities researchers at Cantor Fitzgerald from $15.00 to $19.00 in a report released on Friday, MarketBeat Ratings reports. The firm presently has an “overweight” rating on the stock. Cantor Fitzgerald‘s target price would indicate a potential upside of 14.80% from the stock’s previous close.

Other analysts also recently issued reports about the company. Weiss Ratings upgraded AvePoint from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Zacks Research downgraded shares of AvePoint from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 10th. Wall Street Zen raised shares of AvePoint from a “hold” rating to a “buy” rating in a research note on Saturday, October 31st. TD Cowen upped their target price on shares of AvePoint from $15.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, November 3rd. Finally, Jefferies Financial Group upped their target price on shares of AvePoint from $16.00 to $20.00 and gave the company a “buy” rating in a report on Sunday, October 25th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $17.64.

Read Our Latest Stock Analysis on AvePoint

AvePoint Stock Performance

Shares of NASDAQ:AVPT opened at $16.55 on Friday. The business’s fifty day moving average price is $14.54 and its two-hundred day moving average price is $12.00. The stock has a market cap of $3.50 billion, a PE ratio of 48.68 and a beta of 1.13. AvePoint has a one year low of $8.84 and a one year high of $17.52.

AvePoint (NASDAQ:AVPT – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.01). AvePoint had a return on equity of 17.11% and a net margin of 15.67%. The company had revenue of $131.10 million for the quarter, compared to analysts’ expectations of $129.39 million. As a group, equities research analysts predict that AvePoint will post 0.25 earnings per share for the current fiscal year.

Insider Buying and Selling

In other AvePoint news, insider Brian Brown sold 35,000 shares of the business’s stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $16.42, for a total value of $574,700.00. Following the completion of the transaction, the insider directly owned 224,604 shares in the company, valued at approximately $3,687,997.68. The trade was a 13.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 230,000 shares of company stock valued at $3,430,412. 22.66% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AvePoint

Several hedge funds have recently made changes to their positions in AVPT. Wellington Management Group LLP increased its stake in AvePoint by 106.7% in the second quarter. Wellington Management Group LLP now owns 2,776,579 shares of the company’s stock valued at $31,125,000 after purchasing an additional 1,433,299 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in AvePoint by 25.7% during the first quarter. Dimensional Fund Advisors LP now owns 3,264,082 shares of the company’s stock worth $31,040,000 after buying an additional 666,422 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in AvePoint by 25.0% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,675,587 shares of the company’s stock worth $25,445,000 after buying an additional 535,015 shares during the last quarter. Renaissance Technologies LLC boosted its stake in AvePoint by 16.4% in the 1st quarter. Renaissance Technologies LLC now owns 2,580,153 shares of the company’s stock worth $24,537,000 after buying an additional 363,200 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in AvePoint by 185.8% in the 1st quarter. Bank of America Corp DE now owns 1,253,662 shares of the company’s stock worth $11,922,000 after buying an additional 815,074 shares during the last quarter. Institutional investors and hedge funds own 44.49% of the company’s stock.

More AvePoint News

Here are the key news stories impacting AvePoint this week:

  • Positive Sentiment: Third-quarter revenue rose 19% year over year to $131.1 million, topping analyst expectations of $129.39 million. SaaS revenue grew 26% to $105.5 million, while total annual recurring revenue increased 27% to $495.1 million—indicators of continued demand and recurring-revenue growth. AvePoint third-quarter results
  • Positive Sentiment: AvePoint expects full-year 2026 revenue of $511.3 million to $513.3 million, slightly above FactSet’s $511 million estimate. The company’s raised outlook may support investor confidence in its growth trajectory. AvePoint revenue outlook
  • Positive Sentiment: Cantor Fitzgerald raised its price target to $19 from $15 and maintained an Overweight rating, signaling increased analyst optimism. Cantor Fitzgerald ratings
  • Neutral Sentiment: AvePoint appointed Ali Rohani as chief strategy and customer officer. The appointment may inform the company’s strategic direction, but its near-term financial impact is unclear. Leadership appointment
  • Negative Sentiment: EPS coverage is mixed: Zacks reports $0.12 per share versus an $0.08 consensus, while MarketBeat reports $0.08 versus a $0.09 consensus. The differing figures may reflect different earnings measures, but the reported miss could temper the otherwise positive revenue and growth news. Zacks earnings report

About AvePoint

(Get Free Report)

AvePoint, Inc (NASDAQ:AVPT) is a data management and governance software company that helps organizations protect, manage and modernize information across cloud, hybrid and on-premises environments. Its solutions are designed primarily for collaboration and productivity platforms, including Microsoft 365, SharePoint, Dynamics 365 and Salesforce.

The company’s product portfolio includes cloud backup and recovery, data migration, governance, security, compliance and administration tools.

Further Reading

Analyst Recommendations for AvePoint (NASDAQ:AVPT)

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