AvePoint (NASDAQ:AVPT) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

AvePoint (NASDAQ:AVPT) posted its quarterly earnings results on Thursday. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01), FiscalAI reports. The business had revenue of $131.10 million during the quarter, compared to analysts’ expectations of $129.39 million. AvePoint had a net margin of 15.33% and a return on equity of 15.97%.

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

• AvePoint reported record net new ARR of $30 million, up 34% year over year, with FX-adjusted ARR growth accelerating to 25%. Revenue was $131.1 million, up 20% on a constant-currency basis, and gross retention reached the company’s 90% target.
• Demand for AI governance is gaining traction: AgentPulse customers grew more than 50% sequentially and the number of agents it manages more than doubled. AvePoint said control bundles—which include AgentPulse—accounted for a rising share of new ARR, while the standalone AgentPulse offering is generating a strong pipeline.
• Management raised its full-year ARR outlook by $1 million at the midpoint to $524.8 million–$528.8 million, representing 26% growth. It also expects fourth-quarter revenue of $138.4 million–$140.4 million.
• Profitability and cash generation remained solid: GAAP operating margin expanded more than 130 basis points year over year to 8.7%, and operating cash flow was over $31 million in Q3. The company repurchased about $31 million of shares during the quarter and said it has approximately $89 million remaining in its buyback program.
• Investment in AI Trust capabilities is weighing on near-term margins: operating expenses rose to 56% of revenue from 53% a year ago, and gross margin fell to 72.8% from 75.1%, mainly due to lower services margins. Management said Q4 operating margin should improve sequentially but remain below the prior-year level as investment continues.

AvePoint Price Performance

Shares of AvePoint stock traded up $0.31 on Friday, hitting $16.73. The company had a trading volume of 1,814,892 shares, compared to its average volume of 2,258,896. The business has a 50-day simple moving average of $14.50 and a 200-day simple moving average of $11.98. The company has a market cap of $3.54 billion, a PE ratio of 52.25 and a beta of 1.13. AvePoint has a 52 week low of $8.84 and a 52 week high of $17.52.

Wall Street Analyst Weigh In

AVPT has been the topic of several research reports. Zacks Research lowered shares of AvePoint from a “strong-buy” rating to a “hold” rating in a report on Monday, August 10th. Cantor Fitzgerald raised their target price on shares of AvePoint from $15.00 to $19.00 and gave the company an “overweight” rating in a research note on Friday. BMO Capital Markets began coverage on shares of AvePoint in a research report on Tuesday, October 6th. They set an “outperform” rating and a $17.00 price target for the company. Scotiabank restated a “sector outperform” rating and set a $20.00 price objective on shares of AvePoint in a research note on Friday. Finally, Wall Street Zen raised AvePoint from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, AvePoint presently has a consensus rating of “Moderate Buy” and an average target price of $17.64.

Insider Buying and Selling at AvePoint

In related news, insider Brian Brown sold 72,606 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $15.26, for a total value of $1,107,967.56. Following the completion of the sale, the insider owned 259,604 shares of the company’s stock, valued at approximately $3,961,557.04. The trade was a 21.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 230,000 shares of company stock valued at $3,430,412 over the last 90 days. Corporate insiders own 22.66% of the company’s stock.

Key Headlines Impacting AvePoint

Here are the key news stories impacting AvePoint this week:

• Positive Sentiment: Strong Q3 growth: AvePoint reported $131.1 million in revenue, up 19% year over year and ahead of the $129.39 million consensus cited by MarketBeat. SaaS revenue rose 26% to $105.5 million, while annual recurring revenue increased 27% to $495.1 million—signs of continued demand for its software. AvePoint Q3 financial results
• Positive Sentiment: EPS beat reported by Zacks: Zacks said quarterly earnings were $0.12 per share, above its $0.08 consensus estimate and up from $0.10 a year earlier. A separate MarketBeat report listed EPS of $0.08 versus a $0.09 estimate, indicating the figures may reflect different measures or estimates. Zacks Q3 earnings report
• Positive Sentiment: Higher outlook and analyst target: AvePoint’s 2026 revenue outlook is $511.3 million to $513.3 million, slightly above the cited FactSet estimate of $511 million. Cantor Fitzgerald also raised its price target from $15 to $19 and reiterated an “overweight” rating. FxEmpire guidance coverage Cantor Fitzgerald ratings
• Neutral Sentiment: AvePoint appointed Ali Rohani as chief strategy and customer officer. The role may support strategy and customer engagement, but the announcement did not specify a near-term financial impact. Executive appointment announcement

AvePoint Company Profile

AvePoint, Inc (NASDAQ:AVPT) is a data management and governance software company that helps organizations protect, manage and modernize information across cloud, hybrid and on-premises environments. Its solutions are designed primarily for collaboration and productivity platforms, including Microsoft 365, SharePoint, Dynamics 365 and Salesforce.

The company’s product portfolio includes cloud backup and recovery, data migration, governance, security, compliance and administration tools.