This company has been acquired
AVID Stock Overview
Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Avid Technology, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$27.04 |
| 52 Week High | US$33.41 |
| 52 Week Low | US$19.78 |
| Beta | 1.13 |
| 1 Month Change | 0.60% |
| 3 Month Change | 1.43% |
| 1 Year Change | 0.45% |
| 3 Year Change | 156.06% |
| 5 Year Change | 306.01% |
| Change since IPO | 3.01% |
Recent News & Updates
Recent updates
Calculating The Fair Value Of Avid Technology, Inc. (NASDAQ:AVID)
Aug 07
Returns on Capital Paint A Bright Future For Avid Technology (NASDAQ:AVID)
Jul 02Is Avid Technology, Inc. (NASDAQ:AVID) Potentially Undervalued?
May 27Do Avid Technology's (NASDAQ:AVID) Earnings Warrant Your Attention?
Apr 21At US$31.33, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?
Feb 16Is Avid Technology, Inc. (NASDAQ:AVID) Trading At A 22% Discount?
Jan 03Here's Why Avid Technology (NASDAQ:AVID) Has Caught The Eye Of Investors
Dec 16At US$24.73, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?
Nov 03Avid Technology announces amended credit facility
Oct 13Avid Technology, Inc.'s (NASDAQ:AVID) Intrinsic Value Is Potentially 90% Above Its Share Price
Sep 23Avid Technology jumps 10% on joining SmallCap 600
Aug 29Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?
Aug 21What Is Avid Technology, Inc.'s (NASDAQ:AVID) Share Price Doing?
Aug 03Amazon Studios and Avid Technology join hands for production editorial in the AWS Cloud
Aug 02Avid Continues To Deliver, Seat-Based Model Raises Concerns
Jul 27Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?
May 17Avid Technology: Sell Off After Earnings Is Unjustified
May 06Avid Technology Continues Its Recurring Revenue Push And Is Reasonably Valued
Apr 06Shareholder Returns
| AVID | US Tech | US Market | |
|---|---|---|---|
| 7D | 0.1% | 0.4% | 0.6% |
| 1Y | 0.4% | 32.8% | 23.8% |
Return vs Industry: AVID underperformed the US Tech industry which returned 32.7% over the past year.
Return vs Market: AVID underperformed the US Market which returned 14.1% over the past year.
Price Volatility
| AVID volatility | |
|---|---|
| AVID Average Weekly Movement | 0.3% |
| Tech Industry Average Movement | 8.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: AVID has not had significant price volatility in the past 3 months.
Volatility Over Time: AVID's weekly volatility has decreased from 6% to 0% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 1,485 | Jeff Rosica | www.avid.com |
Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution in the United States and internationally. The company’s video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio production process; Sibelius solution to create, edit, and publish musical scores; S1 and dock line audio control surface; S4 and S6 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement.
Avid Technology, Inc. Fundamentals Summary
| AVID fundamental statistics | |
|---|---|
| Market cap | US$1.19b |
| Earnings (TTM) | US$12.95m |
| Revenue (TTM) | US$413.46m |
92.1x
P/E Ratio2.9x
P/S RatioIs AVID overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AVID income statement (TTM) | |
|---|---|
| Revenue | US$413.46m |
| Cost of Revenue | US$152.49m |
| Gross Profit | US$260.97m |
| Other Expenses | US$248.02m |
| Earnings | US$12.95m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.29 |
| Gross Margin | 63.12% |
| Net Profit Margin | 3.13% |
| Debt/Equity Ratio | -176.9% |
How did AVID perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/09 04:51 |
| End of Day Share Price | 2023/11/06 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Avid Technology, Inc. is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Barbara Coffey | Brigantine Advisors |
| Michael Nichols | B. Riley Securities, Inc. |
| Jeffrey Rath | Canaccord Genuity |