What is the price target for AVID stock?
10 analysts have analysed AVID and the average price target is 27.57 USD. This implies a price increase of 1.96% is expected in the next year compared to the current price of 27.04.
AVID TECHNOLOGY INC (AVID) Forecast, Price Target & Analyst Ratings
NASDAQ:AVID • US05367P1003
Current stock price
27.04 USD
0 (0%)
At close:
27.06 USD
+0.02 (+0.07%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for AVID TECHNOLOGY INC (AVID).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Feb 28, 2024
- Period
- Q4 / 2023
- EPS Estimate
- $0.67
- Revenue Estimate
- 132.04M
Price Target Details & History
Consensus Price Target and Range
Mean target
$27.57
Upside
+ 1.96%
From current price of $27.04 to mean target of $27.57, Based on 10 analyst forecasts
Low
$27.27
Median
$27.59
High
$28.40
Price Target Revisions
1 Month
0.00%
3 Months
-25.95%
Price Target Summary
10 Wall Street analysts provided a forecast for the next 12 months for AVID. The average price target is 27.57 USD. This implies a price increase of 1.96% is expected in the next year compared to the current price of 27.04.
The average price target has been revised downward by 25.95% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
50.00%
AVID was analyzed by 10 analysts. The buy percentage consensus is at 50. So analysts seem to be rather neutral about AVID.
In the previous month the buy percentage consensus was at a similar level.
AVID was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-08-15 | Truist Securities | Downgrade | Buy -> Hold |
| 2023-08-10 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2023-08-10 | B. Riley Securities | Downgrade | Buy -> Neutral |
| 2023-08-10 | Northland Capital Markets | Downgrade | Outperform -> Market Perform |
| 2023-08-10 | Jefferies | Maintains | Hold -> Hold |
| 2023-03-03 | Rosenblatt | Reiterate | Neutral |
| 2022-11-09 | Rosenblatt | Maintains | Neutral |
| 2022-07-12 | Rosenblatt | Initiate | Neutral |
| 2022-07-06 | JP Morgan | Initiate | Overweight |
| 2022-05-25 | Northland Capital Markets | Maintains | Outperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Feb 28, 2024
- Period
- Q4 / 2023
- EPS Estimate
- $0.67
- Revenue Estimate
- 132.04M
- Revenue Q2Q
- 13.73%
- EPS Q2Q
- 47.79%
- Number of Analysts
- 6
Next Earnings Revisions
Revenue (1 Month)
-1.12%
Revenue (3 Months)
-1.81%
EPS (1 Month)
-3.06%
EPS (3 Months)
-4.18%
Next Earnings Summary
AVID is expected to report earnings on 2/28/2024. The consensus EPS estimate for the next earnings is 0.67 USD and the consensus revenue estimate is 132.04M USD.
The next earnings revenue estimate has been revised downward by 1.81% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 360.5M -12.46% | 409.944M 13.72% | 417.413M 1.82% | 459.41M 10.06% | 509.4M 10.88% | 590.58M | 658.92M 11.57% | 748.68M 13.62% | 863.94M 15.40% | 863.94M | |
| EBITDA YoY % growth | 45.1M -2.59% | 55.633M 23.35% | 62.692M 12.69% | 96.898M 54.56% | 117.21M 20.96% | 156.26M | 187.78M 20.17% | 227.77M 21.30% | 278.56M 22.30% | 284.68M 2.20% | |
| EBIT YoY % growth | 36.6M 11.93% | 47.379M 29.45% | 54.368M 14.75% | 86.974M 59.97% | 107.16M 23.21% | 145.35M | 175.64M 20.84% | 214M 21.84% | 262.65M 22.73% | 268.77M 2.33% | |
| Operating Margin | 10.15% | 11.56% | 13.02% | 18.93% | 21.04% | 24.61% | 26.66% | 28.58% | 30.40% | 31.11% | |
| EPS YoY % growth | 0.64 25.49% | 1.26 96.87% | 1.42 12.70% | 1.58 10.99% | 1.99 26.08% | N/A | N/A | N/A | N/A | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.67 47.79% | 0.31 108.42% | 0.37 69.46% | 0.57 438.00% | 0.65 -1.84% |
| Revenue Q2Q % growth | 132.04M 13.73% | 120.12M 22.81% | 120.26M 10.80% | 129.17M 9.76% | 141.98M 7.53% |
| EBITDA Q2Q % growth | 36.537M 47.00% | 20.196M 248.63% | 20.4M 108.46% | 33.655M 10.32% | 37.857M 3.61% |
| EBIT Q2Q % growth | 34.308M 107.54% | 17.85M 410.58% | 18.054M 265.91% | 31.258M 13.71% | 35.46M 3.36% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
9.18%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
19.35%
AVID TECHNOLOGY INC / AVID Forecast FAQ
Can you provide the upcoming earnings date for AVID TECHNOLOGY INC?
AVID TECHNOLOGY INC (AVID) will report earnings on 2024-02-28, after the market close.
What are the consensus estimates for AVID stock next earnings?
The consensus EPS estimate for the next earnings of AVID TECHNOLOGY INC (AVID) is 0.67 USD and the consensus revenue estimate is 132.04M USD.