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Audinate Group ( (AU:AD8) ) just unveiled an update.
Audinate Group has announced significant developments in its operations, including the shipment of 1 million Dante devices and the launch of its first cloud-based management platform. The strategic acquisition of Iris is set to enhance its capabilities in providing a comprehensive AV platform, positioning Audinate as a leader in the industry with a focus on integrating control solutions alongside audio and video.
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 operates in the audio-visual (AV) industry, providing a platform that integrates audio, video, and control solutions. The company is known for its Dante devices, which are part of a large ecosystem of AV products, and focuses on creating interoperable solutions for the industry.
YTD Price Performance: -18.08%
Average Trading Volume: 255,617
Technical Sentiment Signal: Sell
Current Market Cap: A$511.3M
For detailed information about AD8 stock, go to TipRanks’ Stock Analysis page.