What is Scotiabank’s Estimate for AvePoint FY2027 Earnings?

AvePoint, Inc. (NASDAQ:AVPT) – Scotiabank cut their FY2027 earnings estimates for AvePoint in a research report issued on Wednesday, August 19th. Scotiabank analyst J. Vandrick now forecasts that the company will post earnings of $0.27 per share for the year, down from their prior forecast of $0.28. Scotiabank has a “Sector Outperform” rating and a $15.00 price objective on the stock. The consensus estimate for AvePoint’s current full-year earnings is $0.25 per share.

AvePoint (NASDAQ:AVPT) last posted its earnings results on Thursday, August 6th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.08 by $0.04. AvePoint had a net margin of 15.33% and a return on equity of 15.97%. The company had revenue of $124.50 million during the quarter, compared to the consensus estimate of $121.38 million.

Other equities research analysts have also recently issued reports about the stock. Citigroup reiterated a “neutral” rating on shares of AvePoint in a report on Wednesday, August 12th. Wall Street Zen lowered AvePoint from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $14.00 price target on shares of AvePoint in a research report on Wednesday, May 13th. Weiss Ratings upgraded AvePoint from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, DA Davidson reissued a “buy” rating and set a $18.00 price objective on shares of AvePoint in a report on Monday, July 6th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, AvePoint presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.44.

AvePoint Trading Down 1.1%

AvePoint stock opened at $13.13 on Friday. AvePoint has a 1-year low of $8.84 and a 1-year high of $16.77. The firm’s fifty day simple moving average is $12.24 and its 200-day simple moving average is $10.99. The company has a market capitalization of $2.78 billion, a P/E ratio of 41.03 and a beta of 1.16.

Insider Transactions at AvePoint

In other AvePoint news, insider Brian Michael Brown sold 5,176 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $13.06, for a total value of $67,598.56. Following the sale, the insider owned 809,664 shares of the company’s stock, valued at $10,574,211.84. This trade represents a 0.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 22.66% of the stock is owned by company insiders.

Institutional Investors Weigh In On AvePoint

Several hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of AvePoint by 933.7% in the first quarter. PNC Financial Services Group Inc. now owns 2,977 shares of the company’s stock worth $28,000 after acquiring an additional 2,689 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in AvePoint in the 4th quarter valued at $28,000. GAMMA Investing LLC grew its position in AvePoint by 26.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,814 shares of the company’s stock worth $43,000 after purchasing an additional 802 shares during the last quarter. Vestcor Inc bought a new position in shares of AvePoint during the 3rd quarter worth about $45,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in AvePoint during the fourth quarter worth about $47,000. 44.49% of the stock is owned by institutional investors.

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.