AvePoint

AVPT

Market cap $2.82B

The fund increased holding by 3,243,910 shares, while the reported position value decreased by $22.98 million. The transaction represented 11.27% of the fund's reportable U.S. equity assets under management (AUM).

The consensus price target hints at a 46.8% upside potential for AvePoint (AVPT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

AvePoint, Inc. is a specialized SaaS provider for data governance and protection on Microsoft 365 and other collaborative cloud platforms. AVPT's recurring revenue reached 87%, with ARR at $327M and operating margins turning positive, reflecting strong SaaS-driven operating leverage. I rate AVPT a cautious Buy due to high valuation multiples, Microsoft ecosystem dependence, and sector competition, but see 40% upside if execution continues.

AvePoint, Inc. (AVPT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The consensus price target hints at a 49.3% upside potential for AvePoint (AVPT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

AvePoint, Inc. (AVPT) Presents at UBS Global Technology and AI Conference 2025 Transcript

In the most recent quarter, AVPT's revenue climbed by 23.56% y/y to $109.7 million; profitability for the period improved, with operating income margin expanding to 10.09% from 8.62% last year. AVPT is set to benefit from the AI-driven data explosion, as enterprises increasingly outsource data governance and compliance needs. AVPT aims to diversify beyond Microsoft, targeting 30% of revenue from non-Microsoft products by FY2029 and expanding its channel partner ecosystem.

AgentPulse adds to AvePoint's growing AI agent governance capabilities in the Confidence Platform, providing more visibility to reduce security risks and costs AgentPulse adds to AvePoint's growing AI agent governance capabilities in the Confidence Platform, providing more visibility to reduce security risks and costs

AvePoint (AVPT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.