Avepoint, Inc. (AVPT)
NASDAQ:AVPT
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AvePoint
(NASDAQ:AVPT)
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Rating:66Neutral
Price Target:
$9.50
▲(5.67% Upside)
Action:ReiteratedDate:02/27/26
The score is driven primarily by strong financial performance (profitability turn, robust cash generation, and low leverage) and upbeat FY2026 guidance/operational momentum from the earnings call. These positives are materially offset by weak technicals (clear downtrend across moving averages with negative MACD) and limited usefulness of valuation metrics given the very negative P/E and no dividend yield provided.
Positive Factors
Recurring revenue and ARR acceleration
AvePoint’s ARR growth and record net new ARR indicate a durable shift to recurring revenue and strong enterprise upsell motion. High ARR improves revenue visibility, supports multi-year customer lifetime value, and underpins sustainable SaaS economics even if near-term cash timing varies.
Negative Factors
Material revenue growth slowdown in 2025
A marked deceleration in reported revenue growth weakens the quality of the earnings rebound and raises execution risk for sustaining operating leverage. If the 2025 slowdown reflects structural demand or mix shifts rather than one-off timing, margin expansion and Rule‑of‑40 durability could be impaired.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue and ARR acceleration
AvePoint’s ARR growth and record net new ARR indicate a durable shift to recurring revenue and strong enterprise upsell motion. High ARR improves revenue visibility, supports multi-year customer lifetime value, and underpins sustainable SaaS economics even if near-term cash timing varies.
Read all positive factors
AvePoint (AVPT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.94B
Dividend YieldN/A
Average Volume (3M)1.66M
Price to Earnings (P/E)82.1
Beta (1Y)1.21
Revenue Growth24.71%
EPS Growth99.52%
CountryUS
Employees2,934
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)0.11
Shares Outstanding215,958,710
10 Day Avg. Volume1,544,588
30 Day Avg. Volume1,661,870
Financial Highlights & Ratios
PEG Ratio-0.40
Price to Book (P/B)6.02
Price to Sales (P/S)6.87
P/FCF Ratio35.35
Enterprise Value/Market Cap0.76
Enterprise Value/Revenue3.51
Enterprise Value/Gross Profit4.73
Enterprise Value/Ebitda32.42
Forecast
1Y Price Target
$16.68Price Target Upside85.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)0.37
Revenue Forecast (FY)$514.03M
AvePoint Business Overview & Revenue Model
Company Description
AvePoint, 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 managemen...
How the Company Makes Money
AvePoint primarily generates revenue by selling access to its software products, largely delivered as subscription-based cloud software (SaaS). Under this model, customers typically pay recurring fees (often tied to contract term and usage metrics...
AvePoint Earnings Call Summary
Earnings Call Date:Feb 26, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Positive
The call communicated a strong set of operational and financial results: accelerating SaaS growth, record ARR and net new ARR, expanding margins, robust cash generation, large-account momentum, and clear product positioning around AI governance (AgentPulse). Management provided confident ARR and revenue guidance for 2026 while signaling deliberate investments in marketing, go-to-market, and platform scalability that may temper margin expansion in the near term. Headwinds discussed were mainly mix- and timing-related (migration impacts on GRR, services mix reducing gross margin, term license mix shifting revenue recognition, and some public sector timing), and management articulated clear plans and rationale to address them.Positive Updates
Strong Q4 and Full-Year Revenue Growth
Q4 total revenues of $114.7M, up 29% year-over-year (25% constant currency). Full-year 2025 revenues of $419.5M, up 27% reported (25% FX-adjusted).
Negative Updates
Slight Gross Margin Compression
Q4 gross margin was 74.2%, down from 75.5% a year ago, primarily due to a higher mix of services revenue which carries lower relative gross margins.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Q4 and Full-Year Revenue Growth
Q4 total revenues of $114.7M, up 29% year-over-year (25% constant currency). Full-year 2025 revenues of $419.5M, up 27% reported (25% FX-adjusted).
Read all positive updates
Company Guidance
For Q1 the company guided total revenues of $115.0M–$117.0M (≈25% YoY growth at the midpoint; ~20% constant‑currency) and non‑GAAP operating income of $19.5M–$20.5M. For FY2026 AvePoint expects total ARR of $525.1M–$531.1M (≈27% YoY at the midpoint; 26% FX‑adjusted), total revenues of $509.4M–$517.4M (≈22% YoY at the midpoint; ~20% constant‑currency), and full‑year non‑GAAP operating income of $92.6M–$96.6M (midpoint implies a Rule‑of‑40 of ~45). Management called 2026 an “investment year” with higher marketing spend while keeping the long‑term non‑GAAP operating margin target of 25–30%, expects stock‑based compensation to remain <10% of revenue and to decline (supporting GAAP margin expansion), and noted the ARR guide excludes a prior‑year $2.8M Identik Q1 contribution and reflects differences between ARR and revenue driven by slower services growth and a flatter term‑license mix.AvePoint Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
84
Very Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 419.50M | 330.48M | 271.82M | 232.34M | 191.91M |
| Gross Profit | 310.70M | 247.96M | 194.37M | 166.06M | 139.25M |
| EBITDA | 46.71M | 12.55M | -10.66M | -30.12M | -52.25M |
| Net Income | 35.12M | -29.09M | -21.73M | -41.63M | -35.22M |
Balance Sheet | |||||
| Total Assets | 789.18M | 519.05M | 442.58M | 415.53M | 388.74M |
| Cash, Cash Equivalents and Short-Term Investments | 481.06M | 290.90M | 226.88M | 229.81M | 270.63M |
| Total Debt | 9.95M | 16.53M | 14.72M | 16.74M | 0.00 |
| Total Liabilities | 310.48M | 248.11M | 217.74M | 172.38M | 133.17M |
| Stockholders Equity | 478.70M | 269.15M | 210.60M | 229.15M | 250.35M |
Cash Flow | |||||
| Free Cash Flow | 81.57M | 85.85M | 31.17M | -6.24M | 2.57M |
| Operating Cash Flow | 85.26M | 88.89M | 34.69M | -774.00K | 5.03M |
| Investing Cash Flow | -20.20M | -2.60M | -5.65M | -21.45M | -3.38M |
| Financing Cash Flow | 123.99M | -15.54M | -33.67M | -17.15M | 198.62M |
AvePoint Technical Analysis
Negative
8.99
Price Trends
10.39
Negative
11.82
Negative
13.95
Negative
Market Momentum
-0.34
Positive
30.25
Neutral
22.03
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AVPT, the sentiment is Negative. The current price of 8.99 is below the 20-day moving average (MA) of 9.89, below the 50-day MA of 10.39, and below the 200-day MA of 13.95, indicating a bearish trend. The MACD of -0.34 indicates Positive momentum. The RSI at 30.25 is Neutral, neither overbought nor oversold. The STOCH value of 22.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AVPT.
AvePoint Risk Analysis
AvePoint disclosed 27 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 |
|---|---|---|---|---|---|---|---|
71 Outperform | $1.60B | 27.73 | 9.84% | ― | 10.58% | -45.52% | |
70 Outperform | $1.92B | 36.17 | 9.82% | ― | 19.28% | 6.16% | |
69 Neutral | $2.75B | 58.16 | 18.39% | ― | 18.37% | ― | |
66 Neutral | $1.94B | 82.10 | 7.96% | ― | 24.71% | 99.52% | |
65 Neutral | $7.74B | 42.89 | -214.15% | ― | 14.20% | 204.86% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | $1.84B | -949.46 | -10.29% | ― | 11.05% | 45.23% |
* Technology Sector Average
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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.