AVPT - Avepoint: Multiple Expansion From SaaS Shift And Steady Enterprise Demand
2024-01-23 07:40:11 ET
Summary
- AvePoint is a leading ISV that provides enterprise cloud migration, management, and data protection primarily for the Microsoft Cloud ecosystem.
- AVPT's shares have experienced volatility since going public, but have shown a significant rebound and steady performance to-date.
- I view the shift towards a recurring business model and steady enterprise demand for cloud data management and protection as potential catalysts. I set a 1-year price target of $9.8.
AvePoint ( AVPT ) is a leading independent software vendor / ISV that provides enterprise cloud migration, management, and data protection platform primarily for the Microsoft Cloud ecosystem. ...
Avepoint: Multiple Expansion From SaaS Shift And Steady Enterprise Demand