AVPT
AvePoint, Inc.

AvePoint, Inc.AVPT

Technology · Software - Infrastructure
16.55USD
+0.79%
Nov 08, 2026
AVPT overview ready
Key SaaS Data Resilience and Governance Provider for Microsoft 365 Enterprises
AvePoint is a direct software beneficiary of enterprise and managed-service-provider spending on SaaS data resilience and governance, with particular exposure to backup, granular recovery, ransomware resilience, policy enforcement, and data classification across Microsoft 365 and other cloud applications.
Primary theme is weakening
Data Infrastructure Software is weakening (+1.9pp vs SPY over 21 sessions; 3 of 6 members ahead of SPY).
Advancing price action
Longer-term context reads early trend, with a near-term setup of daily advance.
Demanding valuation
AvePoint, Inc. carries a Expensive valuation stance that the scored components do not clearly support.
Unremarkable fundamentals
Primary risk
Dependence on third-party cloud vendors' platforms.
Market Nov 6Filing Sep 30Price action Nov 7Research Oct 12

Conviction Level

PriceAction6.9BusinessPerformance5.0BusinessQuality6.3Valuation3.2ThemeMomentum3.0Mixed — Revenue is still growing (+20% YoY), but growth has slowed for 3 consecutive quarters, down from +29%. Diluted EPS is up 33% year over year at $0.08. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+1.9pp
Theme return
−3.0%
Beating SPY
3 of 6
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
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Price Action

Advancing price action
Longer-term context reads early trend, with a near-term setup of daily advance.
EntryConstructive

Structure is constructive, but price remains well extended from the long-term weekly base — a workable rather than ideal entry location.

Key Financials

Market Cap
$3.5B
Avg Volume (60D)
3.1M
60 sessions
Revenue Growth YoY
+26.9%
FY2025 vs FY2024
Gross Margin
+72.9%
Trailing twelve months
Operating Margin
+10.0%
Trailing twelve months
Free Cash Flow Yield
+2.8%
Distance from 200DMA
+38.1%
P/E
45.5x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Mixed

Revenue is still growing (+20% YoY), but growth has slowed for 3 consecutive quarters, down from +29%. Diluted EPS is up 33% year over year at $0.08.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthSlowing
+20%
$131M in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +29%
  2. +26%
  3. +22%
  4. +20%
Earnings growthGrowing
+33%
Diluted EPS $0.08 vs $0.06 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
8.7%
+1.3 pp YoY · gross margin 72.2% (-2.1 pp)

Business Quality

6.3 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

One of the two valuation perspectives says expensive; intrinsic is the dissenting view.
AvePoint, Inc. carries a Expensive valuation stance that the scored components do not clearly support. Treat it as unresolved.

Company Research

Thesis
AvePoint is a direct software beneficiary of enterprise and managed-service-provider spending on SaaS data resilience and governance, with particular exposure to backup, granular recovery, ransomware resilience, policy enforcement, and data classification across Microsoft 365 and other cloud applications.
Opportunity
High opportunity
Enterprise spending on data protection, SaaS backup, ransomware recovery, and recoverability controls as cloud applications, regulatory requirements, and cyber incidents increase the cost of lost or inaccessible data.
Key risk
Dependence on third-party cloud vendors' platforms.

Economic classification

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Business & Markets

Technology · Software - Infrastructure
What they do

AvePoint provides a cloud-native data management software platform and platform-as-a-service architecture to help organizations manage and protect data across multiple third-party cloud vendors globally.

How it earns

The company generates revenue primarily through subscription licenses, support, and maintenance services.

Products & services
AvePoint cloud-native data management platform
AvePoint Confidence platform including control suite for data governance and policy enforcement
Customers & end markets
Enterprises using SaaS and cloud collaboration platforms
Organizations leveraging Microsoft 365 and other major cloud applications
Market position

Niche software enabler focused on SaaS data resilience and governance with strong Microsoft 365 concentration.

Demand drivers
Low cyclicality

Driven by ongoing enterprise demand for data security and compliance regardless of economic cycles.