AvePoint (AVPT) Expected to Announce Quarterly Earnings on Thursday

AvePoint (NASDAQ:AVPT) is expected to be announcing 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 that wish to register for the company’s conference call can do so using this link.

AvePoint Stock Down 3.6 %

Shares of AVPT opened at $17.05 on Tuesday. AvePoint has a twelve month low of $7.08 and a twelve month high of $19.90. The firm’s 50 day moving average price is $17.91 and its two-hundred day moving average price is $15.01.

Wall Street Analyst Weigh In

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