AvePoint (NASDAQ:AVPT) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS

AvePoint (NASDAQ:AVPT) announced its earnings results on Thursday. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01), FiscalAI reports. The firm had revenue of $117.24 million during the quarter, compared to analyst estimates of $116.12 million. AvePoint had a net margin of 10.55% and a return on equity of 10.38%.

Here are the key takeaways from AvePoint’s conference call:

• Q1 results beat guidance with $117.2M revenue (26% YoY), $93.4M SaaS (35% YoY), ARR of $435.2M (+26% YoY), strong margin expansion and $444M cash, while management accelerated share repurchases (~$78.5M year-to-date).
• AvePoint is positioning itself as the enterprise “trust layer” for AI — highlighting product wins like Agent Pulse, a new AI-agent risk definition, expanded Google Cloud and multi?SaaS protection, and a Gartner validation that bolsters its competitive differentiation.
• A higher-than-expected SaaS mix (ratable revenue) and continued FX headwinds reduced near-term reported revenue growth, which is why revenue guidance wasn’t raised despite an ARR increase.
• Channel-led land-and-expand momentum is strong: 863 customers with >$100k ARR (+25% YoY), 88% recurring revenue, ~58% ARR through the channel, and management says Control Suite now represents a large share of pipeline.
• Retention and product-mix risks persist — Q1 gross retention was ~89% (adjusted) with migration products acting as a ~2-point headwind to GRR, and FX/currency fluctuations remain an ongoing headwind.

AvePoint Stock Up 10.5%

Shares of NASDAQ AVPT traded up $1.08 during mid-day trading on Friday, hitting $11.40. 6,561,718 shares of the company were exchanged, compared to its average volume of 1,586,560. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 54.29 and a beta of 1.16. AvePoint has a 1-year low of $8.84 and a 1-year high of $20.25. The stock has a 50 day simple moving average of $10.12 and a 200-day simple moving average of $11.90.

Hedge Funds Weigh In On AvePoint

Institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC acquired a new position in shares of AvePoint in the fourth quarter worth $28,000. Vestcor Inc purchased a new position in AvePoint in the 3rd quarter valued at about $45,000. Kemnay Advisory Services Inc. purchased a new position in AvePoint in the 4th quarter valued at about $47,000. EverSource Wealth Advisors LLC lifted its holdings in AvePoint by 6,111.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,342 shares of the company’s stock valued at $103,000 after purchasing an additional 5,256 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in AvePoint by 11.2% in the 3rd quarter. US Bancorp DE now owns 7,962 shares of the company’s stock valued at $120,000 after purchasing an additional 800 shares in the last quarter. 44.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AVPT. Scotiabank lowered their target price on shares of AvePoint from $13.00 to $12.00 and set a “sector outperform” rating on the stock in a research report on Friday. Citigroup lowered their target price on shares of AvePoint from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Weiss Ratings restated a “hold (c-)” rating on shares of AvePoint in a research report on Friday, March 27th. TD Cowen lowered their target price on shares of AvePoint from $17.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Finally, B. Riley Financial lowered their target price on shares of AvePoint from $25.00 to $22.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, AvePoint has a consensus rating of “Moderate Buy” and a consensus target price of $16.69.

About AvePoint

AvePoint, Inc (NASDAQ:AVPT) is a leading software provider specializing in data management, governance, and compliance solutions for Microsoft 365 and related cloud platforms. Founded in 2001 and headquartered in Jersey City, New Jersey, the company offers a comprehensive suite of cloud-based and on-premises tools designed to help organizations migrate, manage, and protect their collaboration data. AvePoint’s flagship Cloud Platform delivers backup, governance, reporting, and migration services for SharePoint, Teams, Exchange, OneDrive, and Salesforce environments.

With a customer base spanning thousands of organizations across more than 100 countries, AvePoint serves enterprises, government agencies, and educational institutions seeking to ensure data security, regulatory compliance, and operational resilience.