AvePoint (NASDAQ:AVPT) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS

AvePoint (NASDAQ:AVPT) posted its quarterly earnings results on Thursday. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.04, FiscalAI reports. The company had revenue of $124.50 million for the quarter, compared to analysts’ expectations of $121.38 million. AvePoint had a return on equity of 10.52% and a net margin of 10.55%.

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

• Q2 results exceeded guidance, with revenue of $124.5 million, up 22% year over year, ARR of $465.1 million, up 27%, and record net new ARR of $29.9 million. SaaS revenue grew 27%, while GAAP operating profitability continued for the eighth consecutive quarter.
• AgentPulse is generating strong customer interest as enterprises seek to control AI-agent sprawl, security risks, compliance, and costs. Control package customers roughly doubled sequentially, and AgentPulse-related deals were reportedly two to three times larger on average, although much of the pipeline has not yet converted to bookings.
• Enterprise expansion and channel momentum remained strong, with 911 customers above $100,000 of ARR, larger customer cohorts growing at least 30%, and 59% of ARR coming through partners. Management also cited a seven-figure bank upsell and record additions of SMB and mid-market customers.
• AvePoint raised its full-year ARR outlook by $1 million and expects constant-currency revenue growth of 21% at the midpoint, but increased technology and go-to-market spending to pursue the opportunity. These investments are expected to weigh modestly on near-term operating income while supporting longer-term growth and efficiency.
• Foreign-exchange headwinds more than offset the ARR increase in the reported outlook, including a $5.6 million incremental full-year revenue impact. Net retention remained at 110%, below the company’s long-term 115% target, and services-related gross-margin pressure continued.

AvePoint Trading Down 4.6%

Shares of AvePoint stock traded down $0.61 during trading on Thursday, reaching $12.79. The company’s stock had a trading volume of 3,526,183 shares, compared to its average volume of 2,132,393. The company has a 50-day moving average price of $11.78 and a two-hundred day moving average price of $10.93. AvePoint has a fifty-two week low of $8.84 and a fifty-two week high of $18.15. The firm has a market cap of $2.71 billion, a PE ratio of 60.90 and a beta of 1.16.

Insiders Place Their Bets

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

Institutional Investors Weigh In On AvePoint

Several hedge funds have recently made changes to their positions in the business. Stifel Financial Corp raised its stake in AvePoint by 14.9% during the 4th quarter. Stifel Financial Corp now owns 11,554 shares of the company’s stock valued at $160,000 after acquiring an additional 1,498 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of AvePoint by 217.6% in the 4th quarter. Advisors Asset Management Inc. now owns 11,392 shares of the company’s stock valued at $158,000 after purchasing an additional 7,805 shares during the last quarter. Xponance LLC increased its holdings in shares of AvePoint by 11.5% in the fourth quarter. Xponance LLC now owns 11,522 shares of the company’s stock valued at $160,000 after purchasing an additional 1,188 shares during the period. WINTON GROUP Ltd acquired a new position in shares of AvePoint in the fourth quarter valued at approximately $158,000. Finally, CIBC Asset Management Inc purchased a new stake in shares of AvePoint during the fourth quarter worth approximately $154,000. Institutional investors and hedge funds own 44.49% of the company’s stock.

Analysts Set New Price Targets

AVPT has been the topic of a number of recent analyst reports. DA Davidson reiterated a “buy” rating and issued a $18.00 price objective on shares of AvePoint in a report on Monday, July 6th. Wall Street Zen cut AvePoint from a “buy” rating to a “hold” rating in a research note 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 report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of AvePoint in a research note on Wednesday, June 24th. Finally, Scotiabank cut their price objective on shares of AvePoint from $13.00 to $12.00 and set a “sector outperform” rating on the stock in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, AvePoint presently has an average rating of “Moderate Buy” and an average target price of $16.44.

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.