DA Davidson has initiated coverage on AvePoint Inc (AVPT) with a Buy rating, marking the firm's first assessment of the company. This decision underscores the firm's belief in AvePoint's potential within the technology sector, particularly as it operates as a digital collaboration innovator providing data management services.
Headquartered in Jersey City, New Jersey, AvePoint employs 2,934 full-time staff and went public on September 19, 2019. The company’s AvePoint Confidence Platform offers a suite of software-as-a-service (SaaS) solutions designed to empower users in various technology roles, including IT operations and cybersecurity. This platform is built on a Platform-as-a-Service (PaaS) architecture, facilitating effective data management across third-party cloud vendors such as Microsoft, Salesforce, and Google.
As of the latest financial snapshot, AvePoint has a market capitalization of $2.7 billion, with a price-to-earnings ratio of 1,387.84 and an earnings per share (EPS) of -0.01. The company reported a strong performance in its recent earnings, with Q3 2025 EPS of $0.13, surpassing estimates by 69.8%.
Looking ahead, AvePoint is expected to announce its next earnings on August 5, 2026, with an EPS estimate of $0.09 and revenue expected at $121.6 million. Analyst consensus currently reflects a favorable outlook, with 4 Strong Buy, 11 Buy, and 4 Hold ratings, indicating a general confidence in the company's trajectory.
Analyst ratings serve as professional assessments based on extensive research and financial modeling. While they can provide valuable insights, they are influenced by various assumptions and market conditions. Investors should consider multiple factors, including company fundamentals and industry trends, when making decisions.