Education
About Us
Working with TipRanks
Follow Us
AvePoint (AVPT)
NASDAQ:AVPT
Top Page
AvePoint
(NASDAQ:AVPT)
Select Model
Select Model
Rating:65Neutral
Price Target:
$13.50
▼(-1.96% Downside)
AvePoint's overall stock score reflects a strong financial performance and positive earnings call sentiment, offset by weak technical indicators and a challenging valuation. The company's strategic focus on AI governance and SaaS growth are significant positives, but the stock's current bearish trend and negative P/E ratio present notable risks.
Positive Factors
Revenue Growth
AvePoint's strong revenue growth indicates robust demand for its SaaS offerings, supporting long-term business expansion and market penetration.
AI Governance Leadership
Leadership in AI governance positions AvePoint as a key player in emerging tech trends, enhancing its competitive edge and future growth prospects.
Balance Sheet Strength
A strong balance sheet with low leverage provides AvePoint with financial flexibility to invest in growth opportunities and withstand economic downturns.
Negative Factors
Public Sector Weakness
Weakness in the public sector could limit growth potential in a significant market segment, affecting overall revenue stability and expansion.
Impact of Government Shutdown
Government shutdowns introduce uncertainty, potentially delaying contracts and impacting short-term revenue visibility and strategic planning.
Gross Margin Decline
A decline in gross margins suggests increased cost pressures, which could affect profitability if not managed effectively over the long term.
AvePoint (AVPT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.97B
Dividend YieldN/A
Average Volume (3M)1.85M
Price to Earnings (P/E)―
Beta (1Y)1.28
Revenue Growth24.71%
EPS Growth99.52%
CountryUS
Employees2,934
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)0.11
Shares Outstanding215,789,300
10 Day Avg. Volume2,149,043
30 Day Avg. Volume1,849,714
Financial Highlights & Ratios
PEG Ratio-3.13
Price to Book (P/B)11.27
Price to Sales (P/S)9.18
P/FCF Ratio35.33
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue6.91
Enterprise Value/Gross Profit9.27
Enterprise Value/Ebitda79.95
Forecast
1Y Price Target
$18.93Price Target Upside37.47% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)0.27
Revenue Forecast (FY)$415.32M
AvePoint Business Overview & Revenue Model
Company DescriptionAvePoint, Inc. provides Microsoft 365 data management solutions worldwide. It offers SaaS platform cloud-hosted collaboration systems by providing suite of software products. The company focuses on data protection, governance, compliance management extensions for Microsoft 365, Dynamics 365, Salesforce, and Google Workspace. In addition, the company offers software solutions for Microsoft 365, including microsoft teams, sharepoint online, exchange online, onedrive, project online, planner, yammer and other public folders. The company was incorporated in 2001 and is headquartered in Jersey City, New Jersey.
How the Company Makes MoneyAvePoint generates revenue through a subscription-based model, offering various software-as-a-service (SaaS) products that cater to the needs of organizations using Microsoft 365 and other cloud platforms. Key revenue streams include annual and multi-year subscriptions for its data management solutions, which provide recurring income. Additionally, the company may earn revenue through professional services related to implementation, support, and training. Significant partnerships with Microsoft enhance AvePoint's market presence, as it integrates its solutions within the Microsoft ecosystem, driving user adoption and expanding its customer base. This strategic alignment with a leading cloud provider contributes substantially to AvePoint's earnings.
AvePoint Earnings Call Summary
Earnings Call Date:Nov 06, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Feb 26, 2026
Earnings Call Sentiment Positive
The earnings call presented a strong financial performance with record-breaking metrics in several areas and significant growth in SaaS revenue. However, challenges in the public sector and the impact of the government shutdown created notable concerns, leading to a conservative outlook for ARR. Despite these challenges, the company's overall performance and strategic initiatives suggest positive momentum.Q3-2025 Updates
Positive Updates
Record-Breaking Financial Metrics
AvePoint delivered quarterly records for net new ARR, the number of $100,000 ARR customer adds, operating cash flow generation, and non-GAAP operating income in both dollars and as a percentage of revenues.
Strong Revenue Growth
Total revenues for the third quarter were $109.7 million, up 24% year-over-year and 3% above the high end of guidance. SaaS revenue grew 38% year-over-year, representing 77% of total revenues.
AI Governance Leadership
AvePoint's platform-driven approach continues to resonate in the market, with notable customer wins in financial services, food and beverage, and telecommunications sectors.
Geographical Performance
All three regions delivered ARR growth above 20%. North America ARR grew 21%, EMEA ARR grew 28%, and APAC ARR grew 33%.
Channel Strategy Success
56% of total ARR came through the channel compared to 53% a year ago, supporting profitable growth.
Improved Profitability
Non-GAAP operating income was $24.1 million, representing an operating margin of 22%, the highest as a public company.
Negative Updates
Public Sector Weakness
Revenue growth in North America was impacted by relative softness in the public sector, with a noted decline in federal upsell opportunities affecting gross and net retention rates.
Impact of Government Shutdown
The ongoing government shutdown has created uncertainty, affecting deal timing and contributing to a conservative approach in maintaining ARR guidance.
Gross Margin Decline
Overall gross margin declined to 75.1% from 77% in the previous year, primarily due to a higher mix of services revenues with lower relative gross margins.
Company Guidance
During AvePoint’s Third Quarter 2025 Earnings Conference Call, the company reported strong financial performance, exceeding guidance for both revenues and non-GAAP operating income. Key metrics highlighted include a 24% year-over-year increase in total revenues to $109.7 million, with SaaS revenues growing 38% to $84 million, representing 77% of total revenues. The company achieved a record net new ARR of $22.4 million, contributing to a total ARR of $390 million, up 26% year-over-year. Non-GAAP operating income was reported at $24.1 million, with a margin of 22%. Additionally, AvePoint reported a dollar-based gross retention rate of 88% and a net retention rate of 110%. The company’s focus on AI governance, particularly in the context of agentic AI and data protection, was emphasized as a strategic area for growth, alongside ongoing investments in their platform capabilities to drive operational efficiency and customer trust.AvePoint Financial Statement Overview
Summary
AvePoint demonstrates a solid financial performance with strong revenue growth and improving profitability. The company maintains a robust balance sheet with low leverage and a healthy equity position. Cash flows are positive, supporting operational and strategic initiatives. While profitability metrics have improved, further enhancements in net margins and operational efficiency could bolster financial health.Income Statement
AvePoint's income statement shows a positive trajectory with a consistent increase in revenue over the years, highlighted by a 5.6% growth in the TTM period. The company has improved its profitability, transitioning from negative net margins to a positive 0.5% in the TTM. Gross profit margins remain strong at approximately 74.5%, indicating effective cost management. However, the net profit margin is still relatively low, suggesting room for improvement in operational efficiency.Balance Sheet
The balance sheet reflects a strong equity position with a low debt-to-equity ratio of 0.024 in the TTM, indicating financial stability and low leverage risk. The return on equity has turned positive, albeit modestly, at 0.51%, showing a recovery from previous negative returns. The equity ratio is solid, suggesting a healthy balance between assets and equity.Cash Flow
Cash flow analysis reveals a positive trend in free cash flow growth, with a 4.2% increase in the TTM. The operating cash flow to net income ratio is 0.36, indicating that operating cash flows are covering net income adequately. However, the free cash flow to net income ratio is high at 0.96, suggesting that most of the net income is being converted into free cash flow, which is a positive sign for liquidity.| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 393.99M | 330.48M | 271.82M | 232.34M | 191.91M | 151.53M |
| Gross Profit | 293.55M | 247.96M | 194.37M | 166.06M | 139.25M | 111.24M |
| EBITDA | 34.05M | 12.55M | -10.66M | -30.12M | -52.25M | -14.38M |
| Net Income | 1.97M | -29.09M | -21.73M | -41.63M | -35.22M | -17.00M |
Balance Sheet | ||||||
| Total Assets | 743.51M | 519.05M | 442.58M | 415.53M | 388.74M | 169.05M |
| Cash, Cash Equivalents and Short-Term Investments | 471.64M | 290.90M | 226.88M | 229.81M | 270.63M | 70.10M |
| Total Debt | 11.34M | 16.53M | 14.72M | 16.74M | 0.00 | 0.00 |
| Total Liabilities | 276.71M | 248.11M | 217.74M | 172.38M | 133.17M | 173.94M |
| Stockholders Equity | 466.81M | 269.15M | 210.60M | 229.15M | 250.35M | -7.95M |
Cash Flow | ||||||
| Free Cash Flow | 83.20M | 85.85M | 31.17M | -6.24M | 2.57M | 18.10M |
| Operating Cash Flow | 88.36M | 88.89M | 34.69M | -774.00K | 5.03M | 19.12M |
| Investing Cash Flow | -32.42M | -2.60M | -5.65M | -21.45M | -3.38M | 1.37M |
| Financing Cash Flow | 168.14M | -15.54M | -33.67M | -17.15M | 198.62M | 35.56M |
AvePoint Technical Analysis
Positive
13.77
Price Trends
13.58
Positive
14.52
Negative
15.92
Negative
Market Momentum
0.09
Negative
53.77
Neutral
34.09
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AVPT, the sentiment is Positive. The current price of 13.77 is above the 20-day moving average (MA) of 13.51, above the 50-day MA of 13.58, and below the 200-day MA of 15.92, indicating a neutral trend. The MACD of 0.09 indicates Negative momentum. The RSI at 53.77 is Neutral, neither overbought nor oversold. The STOCH value of 34.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AVPT.
AvePoint Risk Analysis
AvePoint disclosed 25 risk factors in its most recent earnings report. AvePoint reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
AvePoint Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $3.47B | 41.16 | 9.51% | ― | 19.28% | 6.16% | |
73 Outperform | $4.53B | 20.09 | ― | ― | 14.20% | 204.86% | |
69 Neutral | $2.04B | 30.10 | 9.79% | ― | 10.58% | -45.52% | |
66 Neutral | $4.41B | 60.18 | 20.46% | ― | 18.37% | ― | |
65 Neutral | $2.97B | -1,513.19 | 0.58% | ― | 24.71% | 99.52% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | $2.88B | -86.41 | -8.95% | ― | 11.05% | 45.23% |
* Technology Sector Average
AVPT
AvePoint
13.77
-2.71
-16.44%
SPSC
SPS Commerce
91.92
-91.50
-49.89%
TENB
Tenable Holdings
24.10
-15.19
-38.66%
PAYO
Payoneer
5.71
-4.30
-42.96%
CLBT
Cellebrite DI
18.41
-3.61
-16.39%
DOCN
DigitalOcean Holdings
49.52
15.35
44.92%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.