AvePoint, Inc. (NASDAQ:AVPT) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
Shareholders of AvePoint, Inc. (NASDAQ:AVPT) will be pleased this week, given that the stock price is up 10% to US$18.85 following its latest first-quarter results. Results overall were respectable, with statutory earnings of US$0.02 per share roughly in line with what the analysts had forecast. Revenues of US$93m came in 4.9% ahead of analyst predictions. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.
Taking into account the latest results, the consensus forecast from AvePoint's eight analysts is for revenues of US$399.3m in 2025. This reflects a decent 14% improvement in revenue compared to the last 12 months. Earnings are expected to improve, with AvePoint forecast to report a statutory profit of US$0.04 per share. In the lead-up to this report, the analysts had been modelling revenues of US$384.3m and earnings per share (EPS) of US$0.025 in 2025. There's been a pretty noticeable increase in sentiment, with the analysts upgrading revenues and making a considerable lift to earnings per share in particular.
Check out our latest analysis for AvePoint
Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$19.29, suggesting that the forecast performance does not have a long term impact on the company's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic AvePoint analyst has a price target of US$26.00 per share, while the most pessimistic values it at US$16.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 20% growth on an annualised basis. That is in line with its 18% annual growth over the past three years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 12% annually. So although AvePoint is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around AvePoint's earnings potential next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for AvePoint going out to 2027, and you can see them free on our platform here..
You can also see our analysis of AvePoint's Board and CEO remuneration and experience, and whether company insiders have been buying stock.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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