AvePoint, Inc. provides Microsoft 365 data management solutions worldwide. It offers a suite of SaaS solutions to migrate, manage, and protect data. The company provides cloud solutions for Office 365, Salesforce, and Dynamics 365; and hybrid/on-prem products. It also offers advisory and implementation, maintenance and support, Microsoft Teams surge and advisory, migration as a service, and quick start services. The company was founded in 2001 and is headquartered in Jersey City, New Jersey.
IPO Year: 2019
Exchange: NASDAQ
Website: avepoint.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/14/2023 | $5.50 | Neutral | Goldman |
| 11/4/2022 | $4.50 | Neutral | Citigroup |
| 3/21/2022 | $7.00 | Buy → Neutral | Goldman |
| 1/11/2022 | $10.00 | Overweight | Cantor Fitzgerald |
| 8/16/2021 | $14.50 | Outperform | Cowen |
| 7/27/2021 | $15.00 | Outperform | Northland Capital |
| 7/26/2021 | Outperform | William Blair | |
| 7/26/2021 | $13.00 | Neutral | Citigroup |
| 7/21/2021 | $17.00 | Buy | Goldman |
| 7/16/2021 | $15.00 | Outperform | Evercore ISI |
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
4 - AvePoint, Inc. (0001777921) (Issuer)
JERSEY CITY, N.J., Nov. 19, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in data security, governance, and resilience, today at Microsoft Ignite announced first-to-market Microsoft 365 Copilot benchmarking capabilities within AvePoint tyGraph to give organizations critical insights into how their AI adoption and usage patterns compare to others. Adding to the AvePoint Confidence Platform, which powers secure and effective AI initiatives, these enhancements help organizations evaluate their activity to maximize the success and sustainability of Microsoft 365 Copilot, including: Benchmarking: To compare against other organizations and establish quantitative growth ta
JERSEY CITY, N.J., Nov. 11, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in robust data management and data governance, today announced that members of the Company's executive management team will present at the following investor conferences: Needham 18th Annual Security, Networking & Communications Conference (Virtual): Tuesday, November 19 at 11:45am ETWells Fargo 8th Annual TMT Summit (Rancho Palos Verdes, CA): Tuesday, December 3 at 8:45am PTUBS Global Technology & AI Conference (Scottsdale, AZ): Wednesday, December 4 at 10:55am MT In addition, AvePoint will attend the following conferences: RBC 2024 Capital Markets Global Technology, Internet, Media and Telec
Third quarter SaaS revenue of $60.9 million, representing 45% year-over-year growthThird quarter Total revenue of $88.8 million, representing 22% year-over-year growthTotal ARR of $308.9 million, representing 23% year-over-year growth JERSEY CITY, N.J., Nov. 07, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in robust data management and data governance, today announced financial results for the third quarter ended September 30, 2024. "Our strong third quarter results built on the momentum from the first half of the year, as we meaningfully exceeded our guidance for the seventh consecutive quarter, while improving on a number of key financial and operational metr
SINGAPORE, Nov. 06, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in data management and data governance, today announced the launch of its AI Lab, supported by the Singapore Economic Development Board (EDB), to advance AI-driven research and innovation in the cutting-edge domains of artificial intelligence (AI) and machine learning. The AI Lab is set to address global industry challenges by fostering new research and embedding AI across the AvePoint Confidence Platform. The AI Lab will serve as a central hub for high-impact research in AI, focusing on spurring industry-relevant R&D while having a global reach. Researchers, drawn from both local and international tale
JERSEY CITY, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in robust data management and data governance, will report its third quarter 2024 financial results after the US financial markets close on Thursday, November 7, 2024. The company will host a conference call at 4:30pm ET on Thursday, November 7, 2024. CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of these results, discuss current business trends, and conduct a question-and-answer session. You may access the call and register with a live operator by dialing 1-833-816-1428 for US participants and 1-412-317-0520 for those outside the US. The passcode for the c
JERSEY CITY, N.J., Sept. 26, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT, AVPTW))), the global leader in robust data management and data governance, today announced the expiration of its offer to purchase (the "Offer") all of its outstanding Warrants (as defined below) at a purchase price of $2.50 per Warrant in cash, without interest. AvePoint's offer to purchase 17,576,241 publicly traded warrants which were publicly issued and sold as part of the units in the initial public offering of Apex Technology Acquisition Corporation ("Apex") consummated on September 19, 2019, and which entitle such warrant holders to purchase one share of AvePoint's common stock, par value $0.0001 per share
JERSEY CITY, N.J., Aug. 27, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT, AVPTW))), the global leader in robust data management and data governance, today announced that it has commenced an offer to purchase (the "Offer") all of its outstanding public warrants (the "Warrants") to purchase shares of its common stock, par value $0.0001 per share, at a purchase price of $2.50 in cash, without interest. AvePoint is also soliciting consents (the "Consent Solicitation") to amend the Warrant Agreement, dated September 16, 2019, by and between Apex Technology Acquisition Corporation ("Apex") and Continental Stock Transfer & Trust Company ("Continental") (the "Warrant Agreement"), which governs
Second quarter SaaS revenue of $53.6 million, representing 40% year-over-year growthSecond quarter Total revenue of $78.0 million, representing 20% year-over-year growthTotal ARR of $290.1 million, representing 23% year-over-year growth JERSEY CITY, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in robust data management and data governance, today announced financial results for the second quarter ended June 30, 2024. "Our second quarter results reflect the continued execution of our teams, the ongoing customer need for a strong data foundation, and the demand for our SaaS platform, which is designed to enhance data security and cyber resilience," said
JERSEY CITY, N.J., Aug. 06, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in robust data management and data governance, today announced that members of the Company's executive management team will present at the following investor conferences: Oppenheimer 27th Annual Technology, Internet & Communications Conference (Virtual): Monday, 8/12 at 2:05 pm ETPiper Sandler Growth Frontiers Conference (Nashville, TN): Tuesday, 9/10 at 11:30am CT In addition, AvePoint will attend the following conferences: Citi 2024 Global TMT Conference (New York, NY): Wednesday, 9/4Goldman Sachs Communacopia + Technology Conference (San Francisco, CA): Monday, 9/9 A live and archived audi
JERSEY CITY, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), a global leader in data management and data governance, today announced the general availability of AvePoint Cloud Backup Express, designed to use Microsoft 365 Backup Storage for rapid and more efficient data protection. With Cloud Backup Express, organizations can achieve high levels of data protection, including: Exceptional Speed and Performance: With Microsoft 365 Backup Storage, AvePoint provides data backup and recovery twenty times faster than traditional cloud backup, ensuring minimal disruption and swift restoration of your critical data.Advanced In-Product Integrations: As a Microsoft launch partner f
Third quarter SaaS revenue of $60.9 million, representing 45% year-over-year growthThird quarter Total revenue of $88.8 million, representing 22% year-over-year growthTotal ARR of $308.9 million, representing 23% year-over-year growth JERSEY CITY, N.J., Nov. 07, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in robust data management and data governance, today announced financial results for the third quarter ended September 30, 2024. "Our strong third quarter results built on the momentum from the first half of the year, as we meaningfully exceeded our guidance for the seventh consecutive quarter, while improving on a number of key financial and operational metr
JERSEY CITY, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in robust data management and data governance, will report its third quarter 2024 financial results after the US financial markets close on Thursday, November 7, 2024. The company will host a conference call at 4:30pm ET on Thursday, November 7, 2024. CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of these results, discuss current business trends, and conduct a question-and-answer session. You may access the call and register with a live operator by dialing 1-833-816-1428 for US participants and 1-412-317-0520 for those outside the US. The passcode for the c
Second quarter SaaS revenue of $53.6 million, representing 40% year-over-year growthSecond quarter Total revenue of $78.0 million, representing 20% year-over-year growthTotal ARR of $290.1 million, representing 23% year-over-year growth JERSEY CITY, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the global leader in robust data management and data governance, today announced financial results for the second quarter ended June 30, 2024. "Our second quarter results reflect the continued execution of our teams, the ongoing customer need for a strong data foundation, and the demand for our SaaS platform, which is designed to enhance data security and cyber resilience," said
JERSEY CITY, N.J., July 18, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), a global leader in robust data management and data governance, will report its second quarter 2024 financial results after the US financial markets close on Thursday, August 8, 2024. The company will host a conference call at 4:30pm ET on Thursday, August 8, 2024. CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of these results, discuss current business trends, and conduct a question-and-answer session. You may access the call and register with a live operator by dialing 1-833-816-1428 for US participants and 1-412-317-0520 for those outside the US. The passcode for the call is
First quarter SaaS revenue of $51.3 million, representing 44% year-over-year growthFirst quarter Total revenue of $74.5 million, representing 25% year-over-year growthTotal ARR of $274.5 million, representing 23% year-over-year growth JERSEY CITY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), a global leader in robust data management and data governance, today announced financial results for the first quarter ended March 31, 2024. "Our first quarter was a very strong start to the year, as we outperformed our guidance for total revenues and non-GAAP operating income, while delivering strong growth in total and net new ARR," said Dr. Tianyi Jiang (TJ), CEO and Co-Founder,
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 financial results after the US financial markets close on Thursday, May 9, 2024. The company will host a conference call at 4:30pm ET on Thursday, May 9, 2024. CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of these results, discuss current business trends, and conduct a question-and-answer session. You may access the call and register with a live operator by dialing 1-833-816-1428 for US participants and 1-412-317-0520 for those outside the US. The passcode for
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, representing 23% year-over-year growth, 24% adjusted for FX JERSEY CITY, N.J., Feb. 29, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced financial results for the fourth quarter and full year ended December 31, 2023. "Our fourth quarter results were an outstanding close to our strongest year yet as a public company," said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. "The strength and differen
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 year 2023 financial results after the U.S. financial markets close on Thursday, February 29, 2024. The company will host a conference call to discuss these results at 4:30pm ET on Thursday, February 29, 2024. CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of these results, discuss current business trends, and conduct a question-and-answer session. You may access the call and register with a live operator by dialing 1 (833) 816-1428 for US participants and 1 (
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, representing 23% year-over-year growth, 25% adjusted for FX JERSEY CITY, N.J., Nov. 09, 2023 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today announced financial results for the third quarter ended September 30, 2023. "The third quarter was another strong result for AvePoint, as we again meaningfully outperformed our guidance for both total revenues and non-GAAP operating income, while delivering total ARR growth
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 financial results after the U.S. financial markets close on Thursday, November 9, 2023. The company will host a conference call to discuss these results at 4:30pm ET on Thursday, November 9, 2023. CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of these results, discuss current business trends, and conduct a question-and-answer session. You may access the call and register with a live operator by dialing 1-844-826-3035 for US participants and 1-412-317-5195 for out
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Northland Capital Markets analyst Tim Savageaux maintains AvePoint (NASDAQ:AVPT) with a Outperform and raises the price target from $12 to $18.
The company is raising its full year outlook for total ARR, total revenues and non-GAAP operating income.
AvePoint (NASDAQ:AVPT) reported quarterly losses of $(0.01) per share which beat the analyst consensus estimate of $(0.05) by 80 percent. This is a 80 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $74.534 million which beat the analyst consensus estimate of $72.333 million by 3.04 percent. This is a 25.12 percent increase over sales of $59.572 million the same period last year.
Cantor Fitzgerald analyst Brett Knoblauch maintains AvePoint (NASDAQ:AVPT) with a Overweight and raises the price target from $10 to $11.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Barclays boosted the price target for Veeva Systems Inc. (NYSE:VEEV) from $240 to $245. Barclays analyst Saket Kalia maintained an Overweight rating. Veeva shares rose 0.1% to close at $225.51 on Thursday. See how other analysts view this stock. DA Davidson increased the price target for SoundHound AI, Inc. (NASDAQ:SOUN) from $5 to $7.5. DA Davidson analyst Gil Luria maintained a Buy rating. SoundHound AI shares rose 17% to close at $7.42 on Thursday. See how other analysts view this stock. Berns
Evercore ISI Group analyst Kirk Materne maintains AvePoint (NASDAQ:AVPT) with a Outperform and raises the price target from $9 to $10.
AvePoint (NASDAQ:AVPT) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings AvePoint missed estimated earnings by -33.0%, reporting an EPS of $0.02 versus an estimate of $0.03. Revenue was up $11.02 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.04 which was followed by a 11.0% increase in the share price the next day. Here's a look at AvePoint's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.02 0.01 -0.01 0.01 EPS Actual -0.02 -0.07 -0.05 -0.07 Revenue Estimate 69.01M 61.78M 58.19M 64.02M Revenue Ac
AvePoint (NASDAQ:AVPT) reported quarterly earnings of $0.020 per share which beat the analyst consensus estimate of $(0.010) by 300 percent. The company reported quarterly sales of $74.624 million which beat the analyst consensus estimate of $71.646 million by 4.16 percent. This is a 17.32 percent increase over sales of $63.608 million the same period last year.
Goldman initiated coverage of AvePoint with a rating of Neutral and set a new price target of $5.50
Citigroup initiated coverage of AvePoint with a rating of Neutral and set a new price target of $4.50
Goldman downgraded AvePoint from Buy to Neutral and set a new price target of $7.00
Cantor Fitzgerald initiated coverage of AvePoint with a rating of Overweight and set a new price target of $10.00
Cowen initiated coverage of AvePoint with a rating of Outperform and set a new price target of $14.50
Northland Capital initiated coverage of AvePoint with a rating of Outperform and set a new price target of $15.00
William Blair initiated coverage of AvePoint with a rating of Outperform
Citigroup initiated coverage of AvePoint with a rating of Neutral and set a new price target of $13.00
Goldman initiated coverage of AvePoint with a rating of Buy and set a new price target of $17.00
Evercore ISI initiated coverage of AvePoint with a rating of Outperform and set a new price target of $15.00
JERSEY CITY, N.J., Oct. 11, 2023 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today hosted the launch of the AI Trust Foundation, a non-profit membership organization designed to be the leading voice for promoting beneficial AI through education and outreach at all levels of society, at its #shifthappens Conference in Washington, D.C. According to KPMG and the University of Queensland, 41% of individuals feel both excited and worried about AI usage. To mitigate this, the AI Trust will set the stage for AI standards and regulations so that the technology sector can maintain accountability and safely and effecti
JERSEY CITY, N.J., Nov. 29, 2022 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the most advanced SaaS and data management platform provider, today announced the appointment of Kevin Briggs to Vice President of U.S. Public Sector supporting customers in education, federal, state and local governments. Briggs joins amid strong revenue and SaaS growth, as reported in Q3 earnings, and will accelerate support for U.S. public sector organizations who face complex challenges in the cloud. Briggs brings two decades of experience in the federal government space to AvePoint. He previously held leadership positions at Microsoft, Qualtrics and Lockheed Martin across finance, business development and sa
JERSEY CITY, N.J., July 13, 2022 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the most advanced SaaS and data management platform provider, today announced the appointment of Heather Murray as Chief Channel Officer. In this role, Murray will lead the company's efforts to expand relationships with managed service providers, solution providers, and systems integrators, grow the Global Partner Program, and accelerate global distribution networks and cloud marketplace presence. Murray is a renowned channel veteran who joins AvePoint from TD SYNNEX, a leading IT distributor and solutions aggregator for the IT ecosystem. Murray brings more than 30 years of experience in channel management, deman
JERSEY CITY, N.J., May 04, 2022 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ:AVPT), the most advanced SaaS and data management platform provider, today announced the appointment of Janet Schijns to its Board of Directors. Schijns' experience leading channel programs and disruptive go-to-market strategies for over two decades will provide a unique perspective as AvePoint continues to scale its indirect sales business. "Last year, AvePoint made significant changes to elevate our indirect sales business and make it a priority across all business departments," said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. "I am confident that the insights and ideas Janet will provide will help us contin
JERSEY CITY, N.J., Aug. 10, 2021 (GLOBE NEWSWIRE) -- AvePoint, Inc. (NASDAQ:AVPT), the largest data management ISV for Microsoft 365, today announced the expansion of its executive leadership team with the appointment of James (Jim) Caci to Chief Financial Officer and Thomas (Tom) Lin to Chief Operating Officer, effective August 23, 2021. Caci brings more than 25 years of experience leading the strategic finance operations at both public and privately held SaaS and IT service companies and will leverage his expertise to guide AvePoint through its next phase. Specifically, Caci has a track-record of building strong finance teams to provide the infrastructure necessary for rapid growth. "W