Logo image of AVID

AVID TECHNOLOGY INC (AVID) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:AVID - US05367P1003 - Common Stock

27.04 USD
0 (0%)
Last: 11/6/2023, 8:00:00 PM
27.06 USD
+0.02 (+0.07%)
After Hours: 11/6/2023, 8:00:00 PM

AVID Key Statistics, Chart & Performance

Key Statistics
Market Cap1.19B
Revenue(TTM)425.44M
Net Income(TTM)32.30M
Shares44.04M
Float40.28M
52 Week High33.41
52 Week Low19.78
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)1.2
PE22.53
Fwd PE13.61
Earnings (Next)02-28 2024-02-28/amc
IPO1993-03-12
Sector
GICS IndustryTechnology Hardware, Storage & Peripherals
GICS IndustryGroupTechnology Hardware & Equipment


AVID short term performance overview.The bars show the price performance of AVID in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30

AVID long term performance overview.The bars show the price performance of AVID in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 20 40 60 80 100

The current stock price of AVID is 27.04 USD. In the past month the price increased by 0.63%. In the past year, price decreased by -2.28%.

AVID TECHNOLOGY INC / AVID Daily stock chart

AVID Latest News, Press Relases and Analysis

AVID Competitors/Peers

The largest stocks on the US markets in the "Technology Hardware, Storage & Peripherals" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
AAPL APPLE INC 37.9 4.18T
DELL DELL TECHNOLOGIES -C 16.53 88.53B
WDC WESTERN DIGITAL CORP 24.89 55.91B
SNDK SANDISK CORP N/A 30.80B
PSTG PURE STORAGE INC - CLASS A 53.02 29.10B
HPE HEWLETT PACKARD ENTERPRISE 11.61 28.95B
HPQ HP INC 7.79 22.80B
NTAP NETAPP INC 15.09 22.41B
SMCI SUPER MICRO COMPUTER INC 20.01 19.94B
IONQ IONQ INC N/A 16.69B
QUBT QUANTUM COMPUTING INC N/A 2.45B
CMPO COMPOSECURE INC-A 19.75 2.45B

About AVID

Company Profile

AVID logo image Avid Technology, Inc. engages in the provision of technology services for the media and entertainment industry. The company is headquartered in Burlington, Massachusetts and currently employs 1,485 full-time employees. The firm develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution. The company provides an open platform for digital media, along with a set of software tools and workflow solutions. Its solutions are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communications departments; and by independent video and audio creative professionals, as well as aspiring professionals. Its Creative Software Solutions includes its Media Composer, Pro Tools, and Sibelius tools, as well as Avid Link. Its Enterprise Software Solutions are built on the MediaCentral platform along with a suite of applications, modules, and services.

Company Info

AVID TECHNOLOGY INC

75 Network Drive

Burlington MASSACHUSETTS 01803 US

CEO: Jeff Rosica

Employees: 1485

AVID Company Website

Phone: 19786406789.0

AVID TECHNOLOGY INC / AVID FAQ

What does AVID do?

Avid Technology, Inc. engages in the provision of technology services for the media and entertainment industry. The company is headquartered in Burlington, Massachusetts and currently employs 1,485 full-time employees. The firm develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution. The company provides an open platform for digital media, along with a set of software tools and workflow solutions. Its solutions are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communications departments; and by independent video and audio creative professionals, as well as aspiring professionals. Its Creative Software Solutions includes its Media Composer, Pro Tools, and Sibelius tools, as well as Avid Link. Its Enterprise Software Solutions are built on the MediaCentral platform along with a suite of applications, modules, and services.


What is the current price of AVID stock?

The current stock price of AVID is 27.04 USD.


Does AVID TECHNOLOGY INC pay dividends?

AVID does not pay a dividend.


What is the ChartMill rating of AVID TECHNOLOGY INC stock?

AVID has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 5 out of 10.


Can you provide the market cap for AVID TECHNOLOGY INC?

AVID TECHNOLOGY INC (AVID) has a market capitalization of 1.19B USD. This makes AVID a Small Cap stock.


Who owns AVID TECHNOLOGY INC?

You can find the ownership structure of AVID TECHNOLOGY INC (AVID) on the Ownership tab.


AVID Technical Analysis

ChartMill assigns a technical rating of 7 / 10 to AVID. When comparing the yearly performance of all stocks, AVID turns out to be only a medium performer in the overall market: it outperformed 53.32% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

AVID Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to AVID. AVID has an excellent profitability rating, but there are concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

AVID Financial Highlights

Over the last trailing twelve months AVID reported a non-GAAP Earnings per Share(EPS) of 1.2. The EPS decreased by -9.09% compared to the year before.


Industry RankSector Rank
PM (TTM) 7.59%
ROA 10.99%
ROE N/A
Debt/Equity N/A
Chartmill High Growth Momentum
EPS Q2Q%-15.38%
Sales Q2Q%11.12%
EPS 1Y (TTM)-9.09%
Revenue 1Y (TTM)1.53%

AVID Forecast & Estimates

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.

For the next year, analysts expect an EPS growth of 10.99% and a revenue growth 8.15% for AVID


Analysts
Analysts50
Price Target27.57 (1.96%)
EPS Next Y10.99%
Revenue Next Year8.15%

AVID Ownership

Ownership
Inst Owners0.08%
Ins Owners5.81%
Short Float %N/A
Short RatioN/A