Latest news with #AVPT
CNBC
21-07-2025
- Business
- CNBC
A stock you likely never heard of set to ride the AI 'tidal wave,' according to Jefferies
AvePoint could be well positioned to "ride the AI wave," according to Jefferies. Jefferies initiated coverage of the data management software stock with a buy rating and a $22 per share price target, which is about 17% above Friday's $18.79 close. Analyst Joseph Gallo said that AvePoint has solidified its position as an "industry standard" in the data protection software sector and could benefit from greater consolidation as artificial intelligence adoption spreads. AVPT YTD mountain AvePoint stock in 2025. "AVPT has impressively cemented itself as a data protection platform for the changing enterprise data estate," Gallo wrote on Sunday. "AI is making data estates more complex & AVPT's unified suite of data solutions enables businesses' mission-critical operations in light of the AI tidal wave." Gallo's base case envisions the company will make progress turning a profit on a GAAP basis and grow revenue by 20% or more in 2025 and 2026. "AvePoint should be a beneficiary of consolidating data management spend via its platform as enterprise and SMB customers struggle to manage their data sprawl in the wake of AI implementation," the analyst added. Shares have gained nearly 14% in 2025.
Yahoo
30-03-2025
- Business
- Yahoo
Why AvePoint (AVPT) Is Plunging in 2025?
We recently published a list of . In this article, we are going to take a look at where AvePoint, Inc. (NASDAQ:AVPT) stands against other cybersecurity stocks that are plunging in 2025. Cybersecurity stocks ranked among the hottest names on the stock market for years as these companies have been riding a wave of cyber threats and have easily acquired clients. Moreover, AI made them even hotter. These companies delivered jaw-dropping growth as businesses scrambled to protect their data from extremely sophisticated attacks. Even in this environment, many are still posting very impressive revenue figures. Their services remain in high demand because cybercrime shows no signs of slowing down. Yet despite this strength, their stock prices have taken a nosedive this year. Unfortunately, there's a lot of pessimism surrounding AI and connected themes like cybersecurity. Wall Street is pulling back on these names, and the shift has dragged down some stocks that were market darlings just a few months before. It's a good idea to look into the cybersecurity stocks that have been sold off the most, as there are likely buying opportunities here. For this article, I screened the worst-performing cybersecurity stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An individual utilizing the Sharepoint Online platform to manage their data securely. Number of Hedge Fund Holders In Q4 2024: 40 AvePoint, Inc. (NASDAQ:AVPT) is a cloud-native data management software platform that includes cybersecurity solutions. The stock is down significantly so far in 2025 as AvePoint (NASDAQ:AVPT) reported a significant earnings miss for Q4 2024, with an EPS of -$0.09 compared to the analyst estimate of $0.05. Despite revenue exceeding expectations at $89.18 million (20% year-over-year growth), the stock dropped due to profitability concerns. SaaS revenue grew strongly by 43%, but the market reacted negatively to the earnings miss. The consensus price target of $15.75 implies 4.58% upside. AVPT stock is down 8.78% year-to-date. Overall, AVPT ranks 12th on our list of cybersecurity stocks that are plunging in 2025. While we acknowledge the potential of AVPT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVPT but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
