AvePoint (AVPT) Expected to Announce Quarterly Earnings on Thursday

AvePoint (NASDAQ:AVPT) is projected to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $88.06 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

AvePoint Stock Performance

AvePoint stock opened at $17.05 on Tuesday. AvePoint has a 52-week low of $7.08 and a 52-week high of $19.90. The firm has a 50 day moving average price of $17.91 and a two-hundred day moving average price of $15.01.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AVPT. Citigroup lifted their price objective on shares of AvePoint from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. The Goldman Sachs Group lifted their price target on shares of AvePoint from $7.50 to $15.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.

AvePoint Company Profile

AvePoint, Inc provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services.