AvePoint (AVPT) AI Stock Analysis

• Market Cap: $3.80B
• Dividend Yield: N/A
• Average Volume (3M): 1.16M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: 21.70%
• EPS Growth: -67.95%
• Country: US
• Employees: 2,934
• Sector: Technology
• Sector Strength: 92
• Industry: Software - Infrastructure
• EPS (TTM): N/A
• Shares Outstanding: 211,879,140
• 10 Day Avg. Volume: 1,229,482
• 30 Day Avg. Volume: 1,162,788
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.77
• Enterprise Value/Revenue: 8.34
• Enterprise Value/Gross Profit: 11.07
• Enterprise Value/Ebitda: 151.21
• 1Y Price Target: $21.79
• Price Target Upside: 18.49% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 63 Neutral
• Price Target: $19.50 ▲(6.04% Upside)

AvePoint exhibits strong revenue growth and strategic execution as highlighted in the earnings call, but faces challenges with profitability and valuation. Financial performance is stable with strong cash flow improvements, but technical indicators suggest weak momentum. The cautious guidance and macroeconomic risks further temper the stock's outlook.

Positive Factors

Financial Performance

AvePoint reported healthy first-quarter beats across the board with revenue, ARR, and non-GAAP operating income nicely above consensus.

Growth Strategy

Management aims to achieve a $1 billion ARR target by fiscal 2029 with growth levers like M365 usage, GenAI data governance, and expansion into the MSP customer segment.

Negative Factors

Market Competition

AvePoint operates in a hyper-competitive backup and recovery market and also faces the risk of Microsoft becoming a viable competitor over time.

Market Exposure

AvePoint faces raised macro risk from increasing its small to medium business and mid-market exposure, which now represents a larger portion of its annual recurring revenue.

AvePoint Business Overview & Revenue Model

Company Description

AvePoint, Inc. (AVPT) is a leading provider of cloud-based solutions that empower organizations to collaborate with confidence in the modern digital workplace. The company operates primarily in the software and technology sector, offering comprehensive data protection, migration, and management solutions for Microsoft 365, Salesforce, and Google Workspace. AvePoint's core products and services focus on enabling secure collaboration, enhancing productivity, and ensuring compliance for businesses of all sizes.

How the Company Makes Money

AvePoint makes money through a subscription-based revenue model, primarily deriving income from its cloud-based software solutions and services. The company's key revenue streams include sales of its SaaS products, which provide data management, protection, and migration services. AvePoint's partnerships with major technology platforms like Microsoft enhance its service offerings, allowing it to cater to a broad customer base across various industries. The company also generates revenue through professional services, which involve consulting and support services that help clients maximize the value of their technology investments.

AvePoint Financial Statement Overview

Summary

AvePoint demonstrates strong revenue growth and improving operational efficiency, with positive EBIT and EBITDA margins. The balance sheet is robust, with low debt levels and a strong equity position, supporting financial stability. Cash flows have improved, although consistent net losses remain a concern.

Income Statement

AvePoint has shown consistent revenue growth with a notable increase from $271.8M in 2023 to $330.5M in 2024. The gross profit margin improved slightly, reflecting effective cost management. However, net losses persist, with a negative net profit margin, indicating ongoing profitability challenges. The EBIT and EBITDA margins have turned positive in 2024, suggesting some operational improvements.

Balance Sheet

The balance sheet is robust with a strong equity position. The debt-to-equity ratio is low, indicating low financial leverage and risk. Return on equity remains negative due to net losses, but the equity ratio is strong at around 52%, showcasing financial stability and resilience.

Cash Flow

AvePoint's cash flow from operations has improved significantly, turning positive in recent years, and free cash flow has grown substantially by 175% from 2023 to 2024. The operating cash flow to net income ratio is strong, suggesting good cash generation relative to accounting profits, despite ongoing net losses.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	330.48M	271.82M	232.34M	191.91M	151.53M
Gross Profit	247.96M	194.37M	167.22M	139.25M	111.24M
EBITDA	12.55M	-10.66M	-30.12M	-52.25M	-14.38M
Net Income	-29.09M	-21.73M	-41.63M	-35.22M	-17.00M
Balance Sheet
Total Assets	519.05M	442.58M	415.53M	388.74M	169.05M
Cash, Cash Equivalents and Short-Term Investments	290.90M	226.88M	229.81M	270.63M	70.10M
Total Debt	16.53M	14.72M	16.74M	0.00	0.00
Total Liabilities	248.11M	217.74M	172.38M	133.17M	148.87M
Stockholders Equity	270.95M	210.60M	229.15M	250.35M	17.13M
Cash Flow
Free Cash Flow	85.85M	31.17M	-6.24M	2.57M	18.10M
Operating Cash Flow	88.89M	34.69M	-774.00K	5.03M	19.12M
Investing Cash Flow	-2.60M	-5.65M	-21.45M	-3.38M	1.37M
Financing Cash Flow	-15.54M	-33.67M	-17.15M	198.62M	35.56M

AvePoint Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 18.39
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AVPT, the sentiment is Neutral. The current price of 18.39 is below the 20-day moving average (MA) of 18.58, below the 50-day MA of 18.73, and above the 200-day MA of 16.94, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 40.74 is Neutral, neither overbought nor oversold. The STOCH value of 10.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AVPT.

AvePoint Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RELY	69 Neutral	$3.22B	―	-0.71%	―	34.37%	95.80%
DOCN	67 Neutral	$0.00	27.24	-41.63%	―	13.21%	109.61%
AVPT	63 Neutral	$3.80B	―	-8.39%	―	21.70%	-67.95%
EVCM	61 Neutral	$1.82B	―	-3.09%	―	-1.96%	19.43%
Sector *	55 Neutral	$291.94M	11.39	-16.41%	2.78%	10.30%	-45.76%
STNE	55 Neutral	$3.41B	8.73	-8.85%	―	-14.03%	-167.03%

AvePoint Corporate Events

AvePoint Completes Redemption of Public Warrants

On July 16, 2025, AvePoint announced the completion of the redemption of its outstanding public warrants, which were initially issued under a 2019 Warrant Agreement. This redemption resulted in the cessation of warrant trading on Nasdaq as of July 11, 2025, while the company’s common stock continues to trade under the symbol ‘AVPT’. The redemption generated approximately $12.1 million in cash proceeds from exercised warrants, with unexercised warrants redeemed for a nominal price, leaving AvePoint with no outstanding warrants and over 211 million shares of common stock.

The most recent analyst rating on (AVPT) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on AvePoint stock, see the AVPT Stock Forecast page.

AvePoint Announces Redemption of Outstanding Public Warrants

On June 9, 2025, AvePoint, Inc. announced the redemption of all its outstanding public warrants to purchase shares of its common stock, originally issued under a 2019 Warrant Agreement. The redemption is set for July 9, 2025, at a price of $0.01 per warrant, with unexercised warrants becoming void post-redemption. This move reflects AvePoint’s strategic decision to streamline its equity structure, potentially impacting warrant holders who must decide whether to exercise their warrants at $11.50 per share before the deadline.

The most recent analyst rating on (AVPT) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on AvePoint stock, see the AVPT Stock Forecast page.