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Avid Technology NasdaqGS:AVID Stock Report

Last Price

US$27.04

Market Cap

US$1.2b

7D

0.1%

1Y

0.4%

Updated

09 Nov, 2023

Data

Company Financials +

Avid Technology, Inc.

NasdaqGS:AVID Stock Report

Market Cap: US$1.2b

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.

AVID fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health0/6
Dividends0/6

Avid Technology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Avid Technology
Historical stock prices
Current Share PriceUS$27.04
52 Week HighUS$33.41
52 Week LowUS$19.78
Beta1.13
1 Month Change0.60%
3 Month Change1.43%
1 Year Change0.45%
3 Year Change156.06%
5 Year Change306.01%
Change since IPO3.01%

Recent News & Updates

Recent updates

Calculating The Fair Value Of Avid Technology, Inc. (NASDAQ:AVID)

Aug 07
Calculating The Fair Value Of Avid Technology, Inc. (NASDAQ:AVID)

Returns on Capital Paint A Bright Future For Avid Technology (NASDAQ:AVID)

Jul 02
Returns on Capital Paint A Bright Future For Avid Technology (NASDAQ:AVID)

Is Avid Technology, Inc. (NASDAQ:AVID) Potentially Undervalued?

May 27
Is Avid Technology, Inc. (NASDAQ:AVID) Potentially Undervalued?

Do Avid Technology's (NASDAQ:AVID) Earnings Warrant Your Attention?

Apr 21
Do Avid Technology's (NASDAQ:AVID) Earnings Warrant Your Attention?

At US$31.33, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?

Feb 16
At US$31.33, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?

Is Avid Technology, Inc. (NASDAQ:AVID) Trading At A 22% Discount?

Jan 03
Is Avid Technology, Inc. (NASDAQ:AVID) Trading At A 22% Discount?

Here's Why Avid Technology (NASDAQ:AVID) Has Caught The Eye Of Investors

Dec 16
Here's Why Avid Technology (NASDAQ:AVID) Has Caught The Eye Of Investors

At US$24.73, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?

Nov 03
At US$24.73, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?

Avid Technology announces amended credit facility

Oct 13

Avid Technology, Inc.'s (NASDAQ:AVID) Intrinsic Value Is Potentially 90% Above Its Share Price

Sep 23
Avid Technology, Inc.'s (NASDAQ:AVID) Intrinsic Value Is Potentially 90% Above Its Share Price

Avid Technology jumps 10% on joining SmallCap 600

Aug 29

Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?

Aug 21
Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?

What Is Avid Technology, Inc.'s (NASDAQ:AVID) Share Price Doing?

Aug 03
What Is Avid Technology, Inc.'s (NASDAQ:AVID) Share Price Doing?

Amazon Studios and Avid Technology join hands for production editorial in the AWS Cloud

Aug 02

Avid Continues To Deliver, Seat-Based Model Raises Concerns

Jul 27

Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?

May 17
Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?

Avid Technology: Sell Off After Earnings Is Unjustified

May 06

Avid Technology Continues Its Recurring Revenue Push And Is Reasonably Valued

Apr 06

Is Now The Time To Look At Buying Avid Technology, Inc. (NASDAQ:AVID)?

Mar 26
Is Now The Time To Look At Buying Avid Technology, Inc. (NASDAQ:AVID)?

Shareholder Returns

AVIDUS TechUS Market
7D0.1%3.9%1.8%
1Y0.4%10.9%26.1%

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

Is AVID's price volatile compared to industry and market?
AVID volatility
AVID Average Weekly Movement0.3%
Tech Industry Average Movement6.5%
Market Average Movement5.9%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market2.8%

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

FoundedEmployeesCEOWebsite
19871,485Jeff Rosicawww.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

How do Avid Technology's earnings and revenue compare to its market cap?
AVID fundamental statistics
Market capUS$1.19b
Earnings (TTM)US$12.95m
Revenue (TTM)US$413.46m

92.1x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVID income statement (TTM)
RevenueUS$413.46m
Cost of RevenueUS$152.49m
Gross ProfitUS$260.97m
Other ExpensesUS$248.02m
EarningsUS$12.95m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin63.12%
Net Profit Margin3.13%
Debt/Equity Ratio-176.9%

How did AVID perform over the long term?

See historical performance and comparison
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