AvePoint (AVPT)
Market Price (3/21/2026): $10.305 | Market Cap: $2.2 BilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
AvePoint (AVPT)
Market Price (3/21/2026): $10.305Market Cap: $2.2 BilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -21% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 67x |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19% | Key risksAVPT key risks include [1] its deep reliance on the Microsoft ecosystem and the potential for Microsoft to become a direct competitor, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35% | |
| Low stock price volatilityVol 12M is 44% | |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Cybersecurity. Themes include Software as a Service (SaaS), Hybrid Cloud Solutions, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -21% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35% |
| Low stock price volatilityVol 12M is 44% |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Cybersecurity. Themes include Software as a Service (SaaS), Hybrid Cloud Solutions, Show more. |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 67x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4% |
| Key risksAVPT key risks include [1] its deep reliance on the Microsoft ecosystem and the potential for Microsoft to become a direct competitor, Show more. |
Qualitative Assessment
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AvePoint (AVPT) stock has lost about 20% since 11/30/2025 because of the following key factors:
1. Broader Software Sector Headwinds and AI Disruption Concerns.
The software sector experienced significant pressure, including a "Software-mageddon" in February 2026 that saw software stocks drop 13% in one week. This downturn was largely fueled by growing concerns that advancements in agentic AI could disrupt traditional per-seat licensing models, creating a narrative that AI might replace, rather than solely enhance, existing software solutions.
2. Analyst Price Target Reductions Despite Strong Earnings.
Despite AvePoint reporting strong fourth-quarter 2025 results, beating both earnings and revenue estimates (non-GAAP EPS up 350% year-over-year, revenue up 29%), several analysts lowered their price targets on AVPT. For example, Jefferies reduced its price target from $20.00 to $16.00 (a 20% decrease) on February 24, 2026, and Cantor Fitzgerald adjusted its target from $18.00 to $15.00 on February 27, 2026. This trend reflects a re-evaluation of the company's valuation amidst broader market conditions, despite positive company-specific performance.
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1. Broader Software Sector Headwinds and AI Disruption Concerns.
The software sector experienced significant pressure, including a "Software-mageddon" in February 2026 that saw software stocks drop 13% in one week. This downturn was largely fueled by growing concerns that advancements in agentic AI could disrupt traditional per-seat licensing models, creating a narrative that AI might replace, rather than solely enhance, existing software solutions.
2. Analyst Price Target Reductions Despite Strong Earnings.
Despite AvePoint reporting strong fourth-quarter 2025 results, beating both earnings and revenue estimates (non-GAAP EPS up 350% year-over-year, revenue up 29%), several analysts lowered their price targets on AVPT. For example, Jefferies reduced its price target from $20.00 to $16.00 (a 20% decrease) on February 24, 2026, and Cantor Fitzgerald adjusted its target from $18.00 to $15.00 on February 27, 2026. This trend reflects a re-evaluation of the company's valuation amidst broader market conditions, despite positive company-specific performance.
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Stock Movement Drivers
Fundamental Drivers
The -20.8% change in AVPT stock from 11/30/2025 to 3/20/2026 was primarily driven by a -95.4% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.00 | 10.30 | -20.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 394 | 419 | 6.5% |
| Net Income Margin (%) | 0.5% | 8.3% | 1559.1% |
| P/E Multiple | 1,399.0 | 63.7 | -95.4% |
| Shares Outstanding (Mil) | 212 | 215 | -1.5% |
| Cumulative Contribution | -20.8% |
Market Drivers
11/30/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| AVPT | -20.8% | |
| Market (SPY) | -4.8% | 37.0% |
| Sector (XLK) | -5.5% | 43.5% |
Fundamental Drivers
The -37.0% change in AVPT stock from 8/31/2025 to 3/20/2026 was primarily driven by a -41.2% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.36 | 10.30 | -37.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 373 | 419 | 12.4% |
| P/S Multiple | 9.0 | 5.3 | -41.2% |
| Shares Outstanding (Mil) | 205 | 215 | -4.7% |
| Cumulative Contribution | -37.0% |
Market Drivers
8/31/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| AVPT | -37.0% | |
| Market (SPY) | 1.1% | 37.5% |
| Sector (XLK) | 3.2% | 37.2% |
Fundamental Drivers
The -31.1% change in AVPT stock from 2/28/2025 to 3/20/2026 was primarily driven by a -37.4% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.94 | 10.30 | -31.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 330 | 419 | 26.9% |
| P/S Multiple | 8.4 | 5.3 | -37.4% |
| Shares Outstanding (Mil) | 187 | 215 | -13.3% |
| Cumulative Contribution | -31.1% |
Market Drivers
2/28/2025 to 3/20/2026| Return | Correlation | |
|---|---|---|
| AVPT | -31.1% | |
| Market (SPY) | 10.4% | 48.7% |
| Sector (XLK) | 20.5% | 50.3% |
Fundamental Drivers
The 106.0% change in AVPT stock from 2/28/2023 to 3/20/2026 was primarily driven by a 88.5% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282023 | 3202026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.00 | 10.30 | 106.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 223 | 419 | 88.5% |
| P/S Multiple | 4.1 | 5.3 | 30.1% |
| Shares Outstanding (Mil) | 181 | 215 | -16.0% |
| Cumulative Contribution | 106.0% |
Market Drivers
2/28/2023 to 3/20/2026| Return | Correlation | |
|---|---|---|
| AVPT | 106.0% | |
| Market (SPY) | 70.3% | 44.1% |
| Sector (XLK) | 102.2% | 42.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AVPT Return | -58% | -35% | 100% | 101% | -16% | -25% | -30% |
| Peers Return | 20% | -14% | 33% | 47% | -8% | -29% | 31% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -3% | 76% |
Monthly Win Rates [3] | |||||||
| AVPT Win Rate | 17% | 33% | 75% | 67% | 42% | 0% | |
| Peers Win Rate | 64% | 42% | 61% | 58% | 48% | 17% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| AVPT Max Drawdown | -59% | -43% | -5% | -10% | -27% | -28% | |
| Peers Max Drawdown | -8% | -36% | -15% | -11% | -21% | -34% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: RBRK, CVLT, VRNS, BOX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/20/2026 (YTD)
How Low Can It Go
| Event | AVPT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -78.8% | -25.4% |
| % Gain to Breakeven | 372.1% | 34.1% |
| Time to Breakeven | 768 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -12.4% | -33.9% |
| % Gain to Breakeven | 14.2% | 51.3% |
| Time to Breakeven | 21 days | 148 days |
Compare to RBRK, CVLT, VRNS, BOX
In The Past
AvePoint's stock fell -78.8% during the 2022 Inflation Shock from a high on 1/14/2021. A -78.8% loss requires a 372.1% gain to breakeven.
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About AvePoint (AVPT)
AvePoint, Inc. provides Microsoft 365 data management solutions worldwide. It offers SaaS platform cloud-hosted collaboration systems by providing suite of software products. The company focuses on data protection, governance, compliance management extensions for Microsoft 365, Dynamics 365, Salesforce, and Google Workspace. In addition, the company offers software solutions for Microsoft 365, including microsoft teams, sharepoint online, exchange online, onedrive, project online, planner, yammer and other public folders. The company was incorporated in 2001 and is headquartered in Jersey City, New Jersey.
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AvePoint (AVPT)
- AvePoint is like CrowdStrike (for cybersecurity) but specifically focused on protecting, governing, and ensuring compliance for data and content within Microsoft 365, Salesforce, and Google Workspace.
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- Data Protection Solutions: Software designed for backing up, restoring, and managing data across cloud collaboration platforms.
- Governance Solutions: Software to establish and enforce policies for data access, usage, and lifecycle within collaboration systems.
- Compliance Management Solutions: Software to ensure data within cloud platforms adheres to regulatory standards and organizational policies.
- Microsoft 365 Management Solutions: Specialized software to enhance management, protection, and governance for various Microsoft 365 applications, including Teams, SharePoint, and Exchange Online.
- Multi-Platform Extensions: Solutions providing data management, protection, governance, and compliance capabilities for Dynamics 365, Salesforce, and Google Workspace.
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AvePoint (AVPT) Major Customers
AvePoint (AVPT) primarily sells its Microsoft 365 data management solutions, governance, and compliance software to other companies and organizations (Business-to-Business, B2B model).
Due to the nature of its Software-as-a-Service (SaaS) business model, AvePoint serves a wide array of clients, and specific "major customer" names are generally not publicly disclosed. Revenue is typically derived from a broad base of subscriptions across many organizations rather than being concentrated in a few large accounts.
However, AvePoint's customer base can be broadly categorized into the following types of organizations:
- Enterprises and Mid-Market Businesses: Companies across diverse industries globally that rely heavily on collaboration and productivity platforms such as Microsoft 365, Dynamics 365, Salesforce, and Google Workspace, and require robust solutions for data protection, governance, and compliance.
- Public Sector Organizations: This includes various government agencies (federal, state, and local) and educational institutions worldwide that extensively utilize Microsoft 365 and have specific requirements for data security, compliance, and records management.
- Managed Service Providers (MSPs): AvePoint also provides its solutions to Managed Service Providers, who then leverage these tools to deliver data management, protection, and compliance services to their own diverse range of end-clients.
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- Microsoft (MSFT)
- Salesforce (CRM)
- Alphabet (GOOGL)
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Tianyi Jiang, Chief Executive Officer
Dr. Tianyi Jiang co-founded AvePoint in 2001 and has served as Chief Executive Officer since 2019, having previously been Chief Operating Officer until 2009 and then Co-CEO with co-founder Kai Gong until 2020. Prior to co-founding AvePoint, he held software development and architect roles at various financial institutions, including Citadel Investment Group, Moody's Analytics, Lehman Brothers, Deutsche Bank, and Lucent Technologies. AvePoint went public in 2020 through a merger with a special purpose acquisition company (SPAC), Apex Technology Acquisition Corp. He was recognized as Ernst & Young's 2010 Entrepreneur of the Year in New Jersey and the 2023 Globee CEO of the Year in the Information Technology Products or Services category.
Jim Caci, Chief Financial Officer
Jim Caci was appointed Chief Financial Officer of AvePoint in August 2021, having previously served as the company's CFO from 2010 to 2013. He brings over 25 years of experience leading strategic finance operations at both public and privately held SaaS and IT service companies. His prior roles include CFO positions at Brand Value Accelerator and Nicopure Labs.
Brian Brown, Chief Legal and Compliance Officer
Brian Brown serves as AvePoint's Chief Legal and Compliance Officer, Secretary, and is a member of its Board of Directors. He has been with AvePoint since 2004 and has held various leadership positions within the company, including Chief Operating Officer and General Counsel. In his current role, he oversees the company's legal operations and ensures compliance with regulatory requirements.
John Peluso, Chief Technology Officer
John Peluso is AvePoint's Chief Technology Officer, a role in which he aligns the company's technology and product roadmaps with business strategy. He joined AvePoint in November 2010 and has held several leadership positions during his tenure, including Chief Product Officer, Senior Vice President of Product Strategy, Director of Education, and Chief Technology Officer for the Public Sector. Before joining AvePoint, John held various technology and business roles at New Horizons Northeast and New Horizons of Central and Northern NJ.
Dux Raymond Sy, Chief Brand Officer
Dux Raymond Sy is the Chief Brand Officer of AvePoint, responsible for the company's brand image, experience, and promise. Since joining in 2013, he has held leadership roles such as Chief Marketing Officer, Chief Technology Officer for Public Sector, and Vice President of Customer Strategy & Solutions. With over 20 years of business and technology experience, Dux is known for driving organizational transformations, authoring the book "SharePoint for Project Management," and hosting the "#ShiftHappens" podcast. Prior to AvePoint, he held leadership positions at Innovative-e, Inc. and Quantum X.
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Here are the key risks to AvePoint's business:
- Reliance on Microsoft Ecosystem: AvePoint's business is heavily dependent on the Microsoft ecosystem, particularly Microsoft 365. Any shifts in Microsoft's product strategy, roadmap, pricing, or the introduction of native features that directly compete with AvePoint's offerings (such as enhancements to Microsoft Purview) could diminish AvePoint's market relevance, limit its pricing flexibility, and create significant competitive headwinds.
- Intense Competition: AvePoint operates in a highly competitive market for data management, protection, and governance solutions. The company faces competition from numerous vendors, including established players like Commvault, Rubrik, and Varonis. This crowded landscape creates a risk of increased pricing pressure and the potential for competitors to imitate or develop similar solutions, impacting AvePoint's competitive advantage and profitability.
- Macroeconomic Headwinds and IT Budget Constraints: Economic instability, market volatility, inflation, and high interest rates can lead to organizations scaling back their IT spending. This could result in delayed or reduced purchasing decisions for AvePoint's solutions, negatively affecting its revenue growth and potentially increasing pressure to lower prices to remain competitive.
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The primary emerging threat to AvePoint is the continuous expansion and enhancement of Microsoft's native data protection, governance, and compliance capabilities within its Microsoft 365 ecosystem. As Microsoft invests heavily in and integrates more robust solutions like Microsoft Purview directly into its core offerings, the demand for third-party "extensions" and specialized software solutions from companies like AvePoint could diminish, particularly if Microsoft bundles these features or makes them sufficiently competitive in terms of functionality and cost.
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AvePoint (NASDAQ: AVPT) operates within several significant addressable markets related to its Microsoft 365 data management, cloud-hosted collaboration, data protection, governance, and compliance solutions.
Microsoft 365 Data Management and Office 365 Management Software
- AvePoint's estimated addressable market within the Microsoft 365 ecosystem was $33 billion by 2022, according to IDC.
- The global market size for Office 365 Management Software was estimated at USD 3.5 billion in 2023 and is projected to grow to USD 10.6 billion by 2032, expanding at a Compound Annual Growth Rate (CAGR) of 12.6%.
- Another estimate for the global Office 365 management software market size was USD 12.51 billion in 2024, with projections to reach USD 26.98 billion by 2031 at a CAGR of 11.60%.
- The North American market for Office 365 Management Software is estimated to grow from USD 1.5 billion in 2023 to USD 4.5 billion by 2032, with a CAGR of 12.2%.
Cloud-Based Data Management Services
- The global cloud-based data management services market was valued at USD 40.7 billion in 2023 and is expected to reach USD 258.4 billion by 2030, growing at a CAGR of 30.4% during 2024–2030.
- Other estimates place the global market size at USD 43.83 billion in 2024, projected to reach USD 173.63 billion by 2030 (CAGR of 26.8%), and USD 62.18 billion in 2024, forecasted to reach USD 815.18 billion by 2033 (CAGR of 33.10%).
- North America holds the largest share of the cloud-based data management services market.
Data Governance, Security, and Related Services
- The total addressable market for data governance, security, and related services is currently valued at US$52.2 billion globally and is projected to grow at a CAGR of 17.4% to reach US$99.0 billion by 2028.
- Another assessment for the global total addressable market relating to governance, risk and compliance, data replication and protection enterprise SaaS solutions, as well as identity and access management, security analytics, and data integration and intelligence, is estimated at US$81.3 billion in 2024, growing at a CAGR of 14.6% to US$140 billion by 2028.
- The global data governance market size was valued at USD 4.15 billion in 2024 and is projected to reach USD 23.13 billion by 2033, growing at a CAGR of 21.03%.
- The global data governance market size was valued at USD 5.38 billion in 2025 and is projected to grow to USD 24.07 billion by 2034, exhibiting a CAGR of 20.50%. North America dominated this market with a 43.50% share in 2025.
Software as a Service (SaaS) Market
- The global Software as a Service (SaaS) market size was valued at USD 315.68 billion in 2025 and is projected to grow to USD 1,482.44 billion by 2034, exhibiting a CAGR of 18.7%.
- North America dominated the global SaaS market with a share of 46.9% in 2025.
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```htmlAvePoint (AVPT) is expected to drive future revenue growth over the next two to three years through several key strategies:
- Continued Growth in SaaS and Annual Recurring Revenue (ARR): AvePoint has consistently demonstrated strong growth in its SaaS revenue and Annual Recurring Revenue (ARR), which are core to its subscription-based model. The company's Q4 2025 results showed SaaS revenue increasing 37% year-over-year to $88.9 million, and total ARR reaching $416.8 million, up 27% year-over-year. AvePoint has provided optimistic guidance for full-year 2026, projecting total ARR between $525.1 million and $531.1 million, representing a 27% growth at the midpoint. This sustained focus on expanding its recurring revenue base is a primary driver.
- Expansion into AI-Driven Data Management and Governance: A significant growth opportunity lies in AvePoint's strategic focus on AI governance and data protection. As enterprises increasingly adopt AI, particularly "agentic AI" which can execute workflows autonomously, new data exposure and compliance risks emerge. AvePoint is positioning itself to address these challenges by providing solutions that offer visibility into agent lifecycles, track data access, and manage evolving security postures for AI agents. The company has announced new agentic AI governance and data protection features for its Confidence Platform. This addresses a critical and growing market need as 86% of organizations have reportedly delayed AI rollouts due to security and governance concerns.
- Customer Acquisition and Expansion, particularly within Large Enterprises: AvePoint has shown consistent success in expanding its customer base, especially among large enterprise clients. The company reported its 11th consecutive quarter of double-digit net new ARR growth, with net new ARR reaching $26.8 million in Q4 2025, a 48% year-over-year increase. This growth is fueled by successfully onboarding a record number of large enterprise customers and expanding its footprint within existing accounts, indicated by a strong dollar-based net retention rate of 110% in Q4 2025.
- Diversification and Expansion into Broader Multi-Cloud/SaaS Environments: While AvePoint maintains a strong foundation in Microsoft 365 data management, it is actively broadening its addressable market by extending its offerings beyond Microsoft's ecosystem. Recent product launches and expanded support for platforms such as monday.com, Docusign, Smartsheet, Google GCP VMs, and other multi-SaaS and IaaS/PaaS sources demonstrate a strategic move to provide data protection, governance, and compliance across a wider array of cloud-hosted collaboration systems. This expansion into a more comprehensive multi-cloud and multi-SaaS environment will open new revenue streams.
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Share Repurchases
- AvePoint authorized a $150 million share repurchase program in March 2022, which was subsequently renewed and extended for another three years in February 2025 with the remaining authorization at $150 million.
- As of March 31, 2025, the company had repurchased 14,828,278 shares for $103.87 million under the program announced on March 31, 2022.
- During 2025, AvePoint repurchased 3.4 million shares for approximately $50 million.
Share Issuance
- AvePoint became a public company through a SPAC merger with Apex Technology Acquisition Corporation in June 2021, generating approximately $492 million in gross proceeds, including a $140 million private investment in public equity (PIPE).
- The company issued a net of $136.1 million in new stock in the twelve months ended December 31, 2025.
- In September 2025, 13,290,360 shares of common stock were offered by selling stockholders as part of its dual listing on the Singapore Exchange; AvePoint did not receive any proceeds from this specific offering.
Inbound Investments
- In January 2020, AvePoint announced a $200 million Series C Preferred Equity investment led by TPG Sixth Street Partners, with additional participation from Goldman Sachs.
- In September 2023, 65 Equity Partners made an anchor investment by purchasing 16,666,600 AvePoint common shares, representing approximately 9.0% of the total outstanding common stock, from Sixth Street.
Outbound Investments
- In January 2025, AvePoint entered into an agreement to acquire Ydentic, a SaaS company specializing in centralized multi-tenant management for Microsoft Managed Services Providers (MSPs), to enhance its Elements MSP Platform.
Capital Expenditures
- AvePoint reported $3.7 million in capital expenditures for the twelve months ended December 31, 2025.
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Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 24.62 |
| Mkt Cap | 3.5 |
| Rev LTM | 1,147 |
| Op Inc LTM | 33 |
| FCF LTM | 181 |
| FCF 3Y Avg | 96 |
| CFO LTM | 189 |
| CFO 3Y Avg | 109 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 21.5% |
| Rev Chg 3Y Avg | 11.6% |
| Rev Chg Q | 19.5% |
| QoQ Delta Rev Chg LTM | 4.7% |
| Op Mgn LTM | 7.1% |
| Op Mgn 3Y Avg | 1.5% |
| QoQ Delta Op Mgn LTM | 1.0% |
| CFO/Rev LTM | 21.5% |
| CFO/Rev 3Y Avg | 20.0% |
| FCF/Rev LTM | 19.1% |
| FCF/Rev 3Y Avg | 18.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 3.5 |
| P/S | 4.5 |
| P/EBIT | 32.2 |
| P/E | 30.5 |
| P/CFO | 19.0 |
| Total Yield | 1.6% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.2% |
| D/E | 0.1 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -7.7% |
| 3M Rtn | -29.0% |
| 6M Rtn | -38.6% |
| 12M Rtn | -31.7% |
| 3Y Rtn | 33.2% |
| 1M Excs Rtn | -2.4% |
| 3M Excs Rtn | -24.2% |
| 6M Excs Rtn | -34.9% |
| 12M Excs Rtn | -46.5% |
| 3Y Excs Rtn | -34.0% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Single Segment | 330 | 272 | |||
| Maintenance | 17 | 21 | 23 | ||
| Services | 41 | 32 | 34 | ||
| Software-as-a-service (SaaS) | 117 | 86 | 52 | ||
| Term license and support | 57 | 51 | 39 | ||
| Perpetual license | 2 | 3 | |||
| Total | 330 | 272 | 232 | 192 | 152 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Single Segment | -29 | -22 | |||
| Total | -29 | -22 |
Price Behavior
Price Behavior
| Market Price | $10.30 | |
| Market Cap ($ Bil) | 2.2 | |
| First Trading Date | 11/05/2019 | |
| Distance from 52W High | -48.5% | |
| 50 Days | 200 Days | |
| DMA Price | $11.30 | $14.60 |
| DMA Trend | down | down |
| Distance from DMA | -8.8% | -29.4% |
| 3M | 1YR | |
| Volatility | 38.1% | 44.0% |
| Downside Capture | 181.56 | 129.79 |
| Upside Capture | 42.11 | 69.27 |
| Correlation (SPY) | 37.0% | 46.1% |
AVPT Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.28 | 1.78 | 1.56 | 1.39 | 1.10 | 1.21 |
| Up Beta | 1.90 | 2.35 | 1.61 | 2.18 | 1.14 | 1.10 |
| Down Beta | 1.85 | 1.18 | 1.28 | 1.12 | 1.12 | 1.17 |
| Up Capture | 184% | 79% | 107% | 49% | 56% | 233% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 11 | 20 | 32 | 61 | 127 | 391 |
| Down Capture | 311% | 277% | 212% | 173% | 120% | 106% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 10 | 21 | 29 | 63 | 123 | 346 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AVPT | |
|---|---|---|---|---|
| AVPT | -33.3% | 43.9% | -0.79 | - |
| Sector ETF (XLK) | 26.6% | 26.6% | 0.86 | 48.0% |
| Equity (SPY) | 15.8% | 18.9% | 0.64 | 46.5% |
| Gold (GLD) | 48.2% | 27.0% | 1.45 | -2.3% |
| Commodities (DBC) | 17.8% | 17.4% | 0.83 | 11.4% |
| Real Estate (VNQ) | 1.0% | 16.4% | -0.11 | 28.3% |
| Bitcoin (BTCUSD) | -19.0% | 44.2% | -0.35 | 25.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AVPT | |
|---|---|---|---|---|
| AVPT | -4.9% | 46.2% | 0.05 | - |
| Sector ETF (XLK) | 16.2% | 24.6% | 0.59 | 44.9% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 45.1% |
| Gold (GLD) | 20.7% | 17.5% | 0.97 | 4.9% |
| Commodities (DBC) | 10.9% | 19.0% | 0.46 | 7.2% |
| Real Estate (VNQ) | 2.8% | 18.8% | 0.06 | 30.7% |
| Bitcoin (BTCUSD) | 4.7% | 56.7% | 0.30 | 24.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AVPT | |
|---|---|---|---|---|
| AVPT | 0.4% | 45.9% | 0.18 | - |
| Sector ETF (XLK) | 21.6% | 24.2% | 0.82 | 37.5% |
| Equity (SPY) | 14.2% | 17.9% | 0.68 | 35.7% |
| Gold (GLD) | 13.3% | 15.7% | 0.70 | 4.6% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 8.0% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.21 | 22.4% |
| Bitcoin (BTCUSD) | 66.9% | 66.8% | 1.06 | 18.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | -12.7% | -6.0% | -1.6% |
| 8/7/2025 | -18.1% | -16.2% | -5.3% |
| 5/8/2025 | 8.3% | 12.6% | 12.1% |
| 2/27/2025 | -12.5% | -14.8% | -14.4% |
| 11/7/2024 | 10.5% | 17.4% | 37.5% |
| 8/8/2024 | -1.1% | 8.1% | 15.7% |
| 5/9/2024 | 0.6% | 7.5% | 12.3% |
| 2/29/2024 | 0.1% | -4.6% | -3.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 8 | 7 |
| # Negative | 8 | 8 | 9 |
| Median Positive | 9.4% | 11.6% | 15.7% |
| Median Negative | -11.0% | -13.2% | -6.2% |
| Max Positive | 17.7% | 19.9% | 37.5% |
| Max Negative | -18.1% | -20.2% | -30.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/28/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | null |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gong, Xunkai | Executive Chairman | Held by trusts and LLCs | Sell | 12102025 | 13.46 | 49,535 | 666,741 | 201,780,650 | Form |
| 2 | Gong, Xunkai | Executive Chairman | Held by trusts and LLCs | Sell | 12102025 | 13.38 | 10,465 | 140,022 | 200,441,338 | Form |
| 3 | Gong, Xunkai | Executive Chairman | Held by trusts and LLCs | Sell | 11052025 | 13.96 | 41,679 | 581,839 | 210,223,486 | Form |
| 4 | Gong, Xunkai | Executive Chairman | Held by trusts and LLCs | Sell | 11052025 | 13.80 | 18,321 | 252,830 | 207,561,218 | Form |
| 5 | Brown, Brian Michael | Chief Legal Officer | Direct | Sell | 10282025 | 15.03 | 1,848 | 27,775 | 9,497,352 | Form |
Industry Resources
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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