AvePoint (AVPT)
Market Price (2/15/2026): $10.545 | Market Cap: $2.2 BilSector: Information Technology | Industry: Systems Software
AvePoint (AVPT)
Market Price (2/15/2026): $10.545Market Cap: $2.2 BilSector: Information TechnologyIndustry: Systems Software
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% | Weak multi-year price returns2Y Excs Rtn is -6.7% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 96x, P/EPrice/Earnings or Price/(Net Income) is 1,136x |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 10% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21% | 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 -4.2% | |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -31% | 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. | |
| Low stock price volatilityVol 12M is 47% | ||
| 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 25% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -31% |
| Low stock price volatilityVol 12M is 47% |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Cybersecurity. Themes include Software as a Service (SaaS), Hybrid Cloud Solutions, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -6.7% |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 96x, P/EPrice/Earnings or Price/(Net Income) is 1,136x |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| 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 -4.2% |
| 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
AI Analysis | Feedback
AvePoint (AVPT) stock has lost about 25% since 10/31/2025 because of the following key factors:
1. Conservative Outlook and Revenue Retention Concerns Post-Q3 2025 Earnings. Despite beating earnings per share (EPS) expectations for Q3 2025, reporting $0.06 against an estimated $0.05, AvePoint's stock experienced a significant drop of 12.72% the day after the earnings announcement on November 6, 2025. This negative market reaction was primarily driven by a conservative outlook for Annual Recurring Revenue (ARR), stemming from challenges in the public sector and the impact of government shutdowns. Additionally, there were concerns over a slight decrease in net revenue retention, which fell from 110% to 109%, partially attributed to foreign exchange headwinds, especially in Japan.
2. Multiple Analyst Price Target Downgrades. Following the Q3 2025 earnings report and continuing into early 2026, several prominent analyst firms revised their outlooks on AvePoint, leading to multiple price target downgrades. For instance, on November 7, 2025, Evercore ISI Group reduced its price target from $22.00 to $18.00, Cantor Fitzgerald lowered its target from $22.50 to $18.00, and Scotiabank adjusted its target from $22.00 to $17.00. These downward revisions by key analysts reflected a less optimistic view of the company's future performance and growth prospects. Further downgrades occurred in January and February 2026, with Citigroup lowering its target from $16.00 to $15.00 on January 13, 2026, and B. Riley Securities reducing its target from $25.00 to $22.00 on February 2, 2026.
Show more
1. Conservative Outlook and Revenue Retention Concerns Post-Q3 2025 Earnings. Despite beating earnings per share (EPS) expectations for Q3 2025, reporting $0.06 against an estimated $0.05, AvePoint's stock experienced a significant drop of 12.72% the day after the earnings announcement on November 6, 2025. This negative market reaction was primarily driven by a conservative outlook for Annual Recurring Revenue (ARR), stemming from challenges in the public sector and the impact of government shutdowns. Additionally, there were concerns over a slight decrease in net revenue retention, which fell from 110% to 109%, partially attributed to foreign exchange headwinds, especially in Japan.
2. Multiple Analyst Price Target Downgrades. Following the Q3 2025 earnings report and continuing into early 2026, several prominent analyst firms revised their outlooks on AvePoint, leading to multiple price target downgrades. For instance, on November 7, 2025, Evercore ISI Group reduced its price target from $22.00 to $18.00, Cantor Fitzgerald lowered its target from $22.50 to $18.00, and Scotiabank adjusted its target from $22.00 to $17.00. These downward revisions by key analysts reflected a less optimistic view of the company's future performance and growth prospects. Further downgrades occurred in January and February 2026, with Citigroup lowering its target from $16.00 to $15.00 on January 13, 2026, and B. Riley Securities reducing its target from $25.00 to $22.00 on February 2, 2026.
Show more
Stock Movement Drivers
Fundamental Drivers
The -25.1% change in AVPT stock from 10/31/2025 to 2/15/2026 was primarily driven by a -26.6% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.07 | 10.54 | -25.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 373 | 394 | 5.6% |
| P/S Multiple | 7.7 | 5.7 | -26.6% |
| Shares Outstanding (Mil) | 205 | 212 | -3.3% |
| Cumulative Contribution | -25.1% |
Market Drivers
10/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| AVPT | -24.9% | |
| Market (SPY) | -0.0% | 40.6% |
| Sector (XLK) | -7.2% | 43.7% |
Fundamental Drivers
The -44.7% change in AVPT stock from 7/31/2025 to 2/15/2026 was primarily driven by a -47.6% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.08 | 10.54 | -44.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 349 | 394 | 12.9% |
| P/S Multiple | 10.8 | 5.7 | -47.6% |
| Shares Outstanding (Mil) | 198 | 212 | -6.6% |
| Cumulative Contribution | -44.7% |
Market Drivers
7/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| AVPT | -44.7% | |
| Market (SPY) | 8.2% | 33.7% |
| Sector (XLK) | 6.4% | 32.2% |
Fundamental Drivers
The -43.8% change in AVPT stock from 1/31/2025 to 2/15/2026 was primarily driven by a -48.1% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.78 | 10.54 | -43.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 316 | 394 | 24.7% |
| P/S Multiple | 10.9 | 5.7 | -48.1% |
| Shares Outstanding (Mil) | 184 | 212 | -13.2% |
| Cumulative Contribution | -43.8% |
Market Drivers
1/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| AVPT | -43.8% | |
| Market (SPY) | 14.3% | 45.8% |
| Sector (XLK) | 21.5% | 49.1% |
Fundamental Drivers
The 135.9% change in AVPT stock from 1/31/2023 to 2/15/2026 was primarily driven by a 77.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312023 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.47 | 10.54 | 135.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 223 | 394 | 77.0% |
| P/S Multiple | 3.6 | 5.7 | 56.3% |
| Shares Outstanding (Mil) | 181 | 212 | -14.7% |
| Cumulative Contribution | 135.9% |
Market Drivers
1/31/2023 to 2/15/2026| Return | Correlation | |
|---|---|---|
| AVPT | 136.2% | |
| Market (SPY) | 74.0% | 44.8% |
| Sector (XLK) | 109.5% | 43.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AVPT Return | -58% | -35% | 100% | 101% | -16% | -25% | -31% |
| Peers Return | 20% | -14% | 33% | 47% | -8% | -27% | 36% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| AVPT Win Rate | 17% | 33% | 75% | 67% | 42% | 0% | |
| Peers Win Rate | 64% | 42% | 61% | 58% | 48% | 12% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| AVPT Max Drawdown | -59% | -43% | -5% | -10% | -27% | -27% | |
| Peers Max Drawdown | -8% | -36% | -15% | -11% | -21% | -32% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[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 2/13/2026 (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.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
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.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe AvePoint (AVPT):
- Veeam for Microsoft 365
- Veritas for Microsoft 365
- SolarWinds for Microsoft 365 management
AI Analysis | Feedback
- AvePoint Cloud Backup: Provides comprehensive backup and granular restore capabilities for critical cloud data across platforms like Microsoft 365, Salesforce, and Dynamics 365.
- AvePoint Migration: Offers tools and services to seamlessly migrate data and content to and within Microsoft 365, SharePoint, and other cloud environments.
- AvePoint Governance & Compliance: Delivers solutions for information governance, records management, and data lifecycle management to ensure compliance with regulatory requirements within Microsoft 365.
- AvePoint Workspace Management: Provides tools to manage, automate, and secure collaborative workspaces in Microsoft Teams, SharePoint, and OneDrive.
AI Analysis | Feedback
AvePoint (AVPT) sells primarily to other companies (B2B).
As a software company providing data management, migration, and protection solutions for Microsoft 365 and other cloud platforms, AvePoint serves a diverse and broad customer base globally. Due to their subscription-based Software-as-a-Service (SaaS) model, they generally do not have individual major customers that represent a significant concentration of their revenue, as indicated in their SEC filings.
Instead, AvePoint serves various categories of companies across numerous industries. These customer categories include:
- Government and Public Sector Organizations: Including federal, state, and local government agencies that rely on Microsoft cloud services for operations and citizen services.
- Financial Services Firms: Banks, credit unions, insurance companies, and other financial institutions that require robust data governance, compliance, and security solutions for sensitive financial data.
- Healthcare Providers: Hospitals, clinics, pharmaceutical companies, and other healthcare organizations with stringent regulatory requirements and a need for secure, compliant data management.
- Educational Institutions: Universities, colleges, and K-12 school districts utilizing Microsoft 365 for collaboration, learning, and administrative purposes.
- Enterprises Across Diverse Industries: Ranging from small and medium-sized businesses (SMBs) to large multinational corporations in sectors such as technology, manufacturing, retail, and professional services, all of whom leverage Microsoft cloud ecosystems and require enhanced data management and protection.
AI Analysis | Feedback
- Microsoft (Symbol: MSFT)
- Amazon.com, Inc. (Symbol: AMZN)
- Alphabet Inc. (Symbol: GOOGL)
AI Analysis | Feedback
```htmlTianyi Jiang (TJ), Chief Executive Officer
Dr. Tianyi Jiang (TJ) co-founded AvePoint in 2001 and served as Chief Operating Officer until 2009, then as Co-CEO with co-founder Kai Gong until 2020, when he became CEO. Prior to AvePoint, he held software development and architect roles at Citadel Investment Group, Moody's Analytics, Lehman Brothers, Deutsche Bank, and Lucent Technologies. His entrepreneurial journey was influenced by witnessing the 9/11 tragedy while working at Lehman Brothers. Dr. Jiang was a recipient of Ernst & Young's Entrepreneur of the Year award in New Jersey in 2010. AvePoint went public in 2020 through a merger with Apex Technology Acquisition Corp., a SPAC. The company has received investments from private equity firms, including minority stakes from Goldman Sachs and Summit Partners, a Series C investment led by TPG Sixth Street Partners, and a substantial investment from 65 Equity Partners.
Jim Caci, Chief Financial Officer
Jim Caci was appointed Chief Financial Officer of AvePoint in August 2021. He has over 25 years of experience leading strategic finance operations at both public and privately held SaaS and IT service companies. Mr. Caci previously served as the CFO of AvePoint's predecessor company from 2010 to 2013. Prior to rejoining AvePoint, he held the CFO position at Brand Value Accelerator, LLC.
Xunkai (Kai) Gong, Executive Chairman
Xunkai (Kai) Gong co-founded AvePoint with Dr. Tianyi Jiang (TJ) in 2001. He served as Co-CEO alongside TJ Jiang until 2020, at which point he assumed the role of Executive Chairman. Mr. Gong remained Executive Chairman when AvePoint went public in 2020.
Sophia Wu, Chief Accounting Officer
Sophia Wu is the Chief Accounting Officer for AvePoint. She previously served as the company's Chief Financial Officer and was instrumental in AvePoint successfully going public on Nasdaq in July 2021. Ms. Wu is a versatile financial executive with a proven record in equity and debt financing, accounting, internal controls, corporate tax, mergers & acquisitions, and international expansion. Before joining AvePoint, she worked at Deloitte & Touche, Goldman Sachs, and Deloitte.
Dux Raymond Sy, Chief Brand Officer
Dux Raymond Sy is the Chief Brand Officer of AvePoint. He joined the company in 2013 and has held various leadership positions, including Chief Marketing Officer, Chief Technology Officer, Public Sector, and Vice President, Customer Strategy & Solutions. With over 20 years of experience in business, marketing, and technology, Mr. Sy has driven organizational transformations globally. He is recognized by Microsoft as a Regional Director and Most Valuable Professional (MVP), and is the author of the book "SharePoint for Project Management" and a LinkedIn Learning course.
```AI Analysis | Feedback
Key Risks to AvePoint (AVPT)
- Reliance on Microsoft Ecosystem and Potential Competition from Microsoft: AvePoint's business is highly dependent on its partnership with Microsoft and its deep integration within the Microsoft 365 environment. A significant risk is that Microsoft might develop or acquire native features that directly compete with AvePoint's core offerings, which could lead to compressed margins or slower adoption of AvePoint's products. This reliance also means that if Microsoft acquires competitors with capabilities similar to AvePoint, it could negatively impact AvePoint's customer acquisition and retention.
- Intense Competition in Data Protection and AI Markets: AvePoint operates in a dynamic and competitive market for cloud-native data management, governance, and backup solutions. The company faces significant competition from both established companies and emerging startups, particularly in the rapidly evolving areas of AI and data protection. This increasing competition could put pressure on AvePoint's market share and pricing.
- Macroeconomic Headwinds and Public Sector Uncertainty: Broader economic downturns in the technology sector can lead to reduced enterprise spending on new digital transformation projects, which could slow AvePoint's Annual Recurring Revenue (ARR) growth. Additionally, public sector uncertainty, including the potential for government shutdowns, has been identified as a factor that could impact AvePoint's federal segment and overall ARR guidance.
AI Analysis | Feedback
The continuous enhancement and integration of native data management, governance, and protection capabilities directly within Microsoft 365. Specifically, Microsoft's investment in and rollout of services such as "Microsoft 365 Backup" (currently in public preview) and the expanding functionality of "Microsoft Purview" for compliance and data governance, could diminish the reliance on third-party solutions for basic to intermediate needs. While AvePoint provides more comprehensive and granular enterprise-grade solutions, these native offerings represent a clear emerging threat by potentially reducing the total addressable market for some of AvePoint's modules and exerting competitive pressure.
AI Analysis | Feedback
AvePoint (AVPT) operates in a significant and expanding global addressable market for its data management, governance, and compliance solutions. The company's addressable market was estimated at $81.3 billion in 2024 and is projected to grow to $140.0 billion by 2028, reflecting a compound annual growth rate (CAGR) of 14.6%. This market opportunity is global, as AvePoint serves over 25,000 customers worldwide and has a global channel partner program. AvePoint's main products and services are centered around its AvePoint Confidence Platform, which helps businesses prepare, protect, and organize their data. This platform encompasses three key suites: Resilience (data security and protection), Control (data governance), and Modernization (employee productivity). These offerings address critical needs in managing human-generated data across various collaboration environments, including Microsoft, Google, and Salesforce.AI Analysis | Feedback
AvePoint (AVPT) is expected to drive future revenue growth over the next 2-3 years through several key initiatives: * Continued SaaS Revenue Growth and Transition: AvePoint is strategically focused on expanding its Software-as-a-Service (SaaS) offerings, which has consistently been its fastest-growing revenue segment. The company has seen significant year-over-year growth in SaaS revenue and a continued shift in its overall revenue mix towards this recurring model, reflecting both new customer acquisitions and deeper engagement with existing clients. * Customer Acquisition and Expansion: A primary driver of growth will be the continued increase in its customer base and the expansion of relationships with existing customers. AvePoint has reported consistent increases in its Annual Recurring Revenue (ARR) and a growing number of customers with over $100,000 in ARR, underscoring its ability to attract new clients and grow its business with current ones. * Expansion of Platform Offerings, including AI Governance and Data Protection: AvePoint emphasizes its platform-driven approach to data governance, security, and resilience. The company is focused on launching new data protection solutions and enhancing its offerings to address the critical needs of AI governance and managing human-generated data in cloud environments. This expansion aims to meet the evolving demands of digital transformation and cloud computing. * Scaling Channel Ecosystem and Global Partner Program: Growth is also anticipated from scaling its global channel ecosystem through an enhanced Global Partner Program. A significant portion of AvePoint's incremental ARR is generated through its channel partners, indicating that strengthening these partnerships will be crucial for expanding its market reach and accelerating revenue. * Capitalizing on Large and Growing Addressable Market: AvePoint operates within a substantial and expanding addressable market driven by trends such as cloud migration, data proliferation, and the implementation of AI. Its "Confidence Platform" provides solutions that enable secure collaboration and accelerate digital transformation across major platforms like Microsoft, Google, and Salesforce, positioning the company to capture a larger share of this growing market.AI Analysis | Feedback
Share Repurchases
- AvePoint's Board of Directors authorized a share repurchase program on March 17, 2022, allowing the company to buy back up to $150 million of its common stock over three years.
- During the nine months ended September 30, 2025, the company repurchased and retired 1,743,455 shares at an average price of $15.66 per share.
- As of Q2 2025, approximately $130 million remained available under the authorized share repurchase program.
Share Issuance
- AvePoint went public in 2021 through a business combination with Apex Technology Acquisition Corporation, which valued the company at approximately $2 billion.
- The SPAC merger involved the issuance of shares, including up to 14,000,000 shares in a private placement in November 2020.
- As of November 5, 2025, there were 215,789,313 shares of common stock issued and outstanding.
Inbound Investments
- The most significant inbound investment in recent years was the company's listing on Nasdaq in 2021 through a de-SPAC transaction, effectively becoming a publicly traded entity.
Outbound Investments
- AvePoint's strategic priorities include pursuing strategic acquisitions and investments to reach its goal of $1 billion in annual recurring revenue by 2029.
- The company's annual recurring revenue in Q1 2025 included contributions from the acquisition of Ydentic.
- AvePoint acquired UK-based SaaS software provider Torsion.
Capital Expenditures
- AvePoint reported capital expenditures of $965,000 for the quarter ending June 2025.
- For Q2 2025, capital expenditures included $2.479 million for the purchase of property and equipment and $0.812 million for the capitalization of internal-use software.
- Capital expenditures have been modest relative to cash flow, indicating disciplined investment in tangible assets.
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 25.38 |
| Mkt Cap | 3.3 |
| Rev LTM | 1,147 |
| Op Inc LTM | 23 |
| FCF LTM | 181 |
| FCF 3Y Avg | 144 |
| CFO LTM | 189 |
| CFO 3Y Avg | 152 |
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 | 5.9% |
| Op Mgn 3Y Avg | 2.7% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 22.9% |
| CFO/Rev 3Y Avg | 19.8% |
| FCF/Rev LTM | 21.1% |
| FCF/Rev 3Y Avg | 18.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 3.3 |
| P/S | 4.8 |
| P/EBIT | 34.8 |
| P/E | 14.7 |
| P/CFO | 20.4 |
| Total Yield | 0.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.1% |
| D/E | 0.2 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -18.7% |
| 3M Rtn | -24.7% |
| 6M Rtn | -36.4% |
| 12M Rtn | -42.4% |
| 3Y Rtn | 39.6% |
| 1M Excs Rtn | -18.6% |
| 3M Excs Rtn | -27.2% |
| 6M Excs Rtn | -41.1% |
| 12M Excs Rtn | -54.2% |
| 3Y Excs Rtn | -30.1% |
Price Behavior
Price Behavior
| Market Price | $10.56 | |
| Market Cap ($ Bil) | 2.2 | |
| First Trading Date | 11/05/2019 | |
| Distance from 52W High | -47.2% | |
| 50 Days | 200 Days | |
| DMA Price | $12.78 | $15.51 |
| DMA Trend | down | down |
| Distance from DMA | -17.4% | -31.9% |
| 3M | 1YR | |
| Volatility | 37.0% | 47.5% |
| Downside Capture | 240.26 | 155.17 |
| Upside Capture | 102.07 | 73.00 |
| Correlation (SPY) | 43.0% | 45.5% |
AVPT Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.32 | 0.88 | 1.17 | 1.08 | 1.08 | 1.20 |
| Up Beta | 2.55 | 0.64 | 2.01 | 1.85 | 1.12 | 1.11 |
| Down Beta | 0.34 | 0.44 | 0.71 | 1.01 | 1.05 | 1.15 |
| Up Capture | -34% | 61% | 44% | 5% | 57% | 246% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 21 | 30 | 64 | 124 | 389 |
| Down Capture | 409% | 176% | 163% | 153% | 120% | 105% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 20 | 31 | 61 | 126 | 348 |
[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 | -46.6% | 47.4% | -1.17 | - |
| Sector ETF (XLK) | 19.0% | 27.6% | 0.61 | 49.1% |
| Equity (SPY) | 14.0% | 19.4% | 0.55 | 46.1% |
| Gold (GLD) | 74.3% | 25.3% | 2.17 | 1.8% |
| Commodities (DBC) | 7.0% | 16.7% | 0.24 | 13.1% |
| Real Estate (VNQ) | 7.9% | 16.6% | 0.28 | 28.9% |
| Bitcoin (BTCUSD) | -29.8% | 44.9% | -0.65 | 28.0% |
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 | -7.0% | 47.0% | 0.01 | - |
| Sector ETF (XLK) | 16.2% | 24.8% | 0.59 | 46.1% |
| Equity (SPY) | 13.3% | 17.0% | 0.62 | 46.0% |
| Gold (GLD) | 22.1% | 17.0% | 1.06 | 6.2% |
| Commodities (DBC) | 10.5% | 18.9% | 0.44 | 7.4% |
| Real Estate (VNQ) | 5.2% | 18.8% | 0.18 | 31.1% |
| Bitcoin (BTCUSD) | 8.3% | 57.2% | 0.37 | 24.3% |
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 | 0.7% | 46.1% | 0.19 | - |
| Sector ETF (XLK) | 23.0% | 24.2% | 0.86 | 37.6% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 35.7% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 5.1% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 8.0% |
| Real Estate (VNQ) | 6.4% | 20.7% | 0.27 | 22.4% |
| Bitcoin (BTCUSD) | 67.9% | 66.7% | 1.07 | 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 |
|---|---|---|
| 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 |
| 12/31/2021 | 03/31/2022 | 10-K |
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 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.