Reading the tape
NASDAQ: AVPT
AvePoint, Inc.
Technology · Software - Infrastructure
Market Cap
$2.27B
52w High
$20.25
52w Low
$8.84
P/E
65.09
Volume
1.32M
Outstanding Shares
215.96M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -38.2%Revenue (TTM): 26.93%FCF (TTM): -4.99%P/FCF: 7th pct
What changed
The stock fell 38.2% over the last year. Revenue grew 26.93% over the trailing twelve months. Operating margin moved from 2.17% to 7.87%. Free cash flow declined 4.99% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 7th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 7.87%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
AvePoint, Inc. provides Microsoft 365 data management solutions worldwide.
CEOTianyi Jiang
SectorTechnology
IndustrySoftware - Infrastructure
Employees2,934
IPO dateNov 5, 2019
Valuation
Forward P/E—
EV/EBITDA51.65
Enterprise value$2.41B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth28.6%
Gross margin74.06%▼1.29%vs FY2024
Operating margin7.87%▲263.18%vs FY2024
ROE7.34%▲167.88%vs FY2024
Analyst consensus
RatingBuy
Target price$17.50▲66.19%
9
Buy
3
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.08 · Revenue est $116.12M
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