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The latest announcement is out from Audinate Group ( (AU:AD8) ).
Audinate Group Limited has announced the retirement of David Krall as Chair of the Board, with Alison Ledger set to succeed him following the release of the company’s FY25 financial results. Krall, who has been with Audinate since 2010 and Chair since 2017, will continue as a Strategic Adviser, leveraging his industry expertise to support the company’s next development phase. Ledger, a seasoned Non-Executive Director with extensive experience in various sectors, is expected to provide continuity and leadership as Audinate embarks on its next growth phase.
The most recent analyst rating on (AU:AD8) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
More about Audinate Group
Audinate Group Ltd (ASX: AD8) is a leader in the professional AV industry, known for its award-winning Dante IP networking solution. This technology is widely used in live sound, commercial installations, broadcasting, public address, and recording industries, replacing traditional analogue cables with Ethernet-based AV signal transmission. Headquartered in Australia, Audinate operates globally with offices in the United States, United Kingdom, Belgium, and Hong Kong, and collaborates with numerous leading audio and video partners worldwide.
YTD Price Performance: 7.29%
Average Trading Volume: 354,423
Technical Sentiment Signal: Sell
Current Market Cap: A$662.7M
For a thorough assessment of AD8 stock, go to TipRanks’ Stock Analysis page.
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