NASDAQ:AVID

Avid Technology (AVID) Price Target & Analyst Ratings

$26.55

-0.39 (-1.45%)

(As of 08/9/2023 ET)

Compare

Today's Range: $26.27
▼
$29.57
50-Day Range: $23.08
▼
$28.17
52-Week Range: $19.78
▼
$33.41

Volume: 1.71 million shs
Average Volume: 410,668 shs
Market Capitalization: $1.17 billion

P/E Ratio: 26.82
Dividend Yield: N/A
Price Target: $37.00

Avid Technology Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 3 Analyst Ratings

Consensus Analyst Price Target

$34.50
29.94% Upside

High Prediction	$45.00
Average Prediction	$34.50
Low Prediction	$27.00

Type	Current 8/10/22 to 8/10/23	1 Month Ago 7/11/22 to 7/11/23	3 Months Ago 5/12/22 to 5/12/23	1 Year Ago 8/10/21 to 8/10/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$34.50	$37.00	$37.83	$37.60
Predicted Upside	29.94% Upside	29.54% Upside	37.30% Upside	36.74% Upside

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AVID Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AVID Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Avid Technology Stock vs. The Competition

Type	Avid Technology	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.67	2.55	2.48
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	29.94% Upside	1,981.59% Upside	636.81% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/9/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$25.00 ➝ $27.00	+1.69%
3/6/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$45.00	+58.17%
3/3/2023	Maxim Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jack Vander Aarde Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	$38.00	+33.57%
3/3/2023	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral	$28.00	-2.74%

(Data available from 8/10/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

AVID Price Target - Frequently Asked Questions

What is Avid Technology's consensus rating and price target?: According to the issued ratings of 3 analysts in the last year, the consensus rating for Avid Technology stock is Moderate Buy based on the current 1 hold rating and 2 buy ratings for AVID. The average twelve-month price prediction for Avid Technology is $34.50 with a high price target of $45.00 and a low price target of $27.00. Learn more on AVID's analyst rating history.
Do Wall Street analysts like Avid Technology more than its competitors?: Analysts like Avid Technology more than other Computer and Technology companies. The consensus rating score for Avid Technology is 2.67 while the average consensus rating score for computer and technology companies is 2.55. Learn more on how AVID compares to other companies.
Does Avid Technology's stock price have much upside?: According to analysts, Avid Technology's stock has a predicted upside of 22.01% based on their 12-month price targets.

What analysts cover Avid Technology?: Avid Technology has been rated by Jefferies Financial Group in the past 90 days.

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This page (NASDAQ:AVID) was last updated on 8/10/2023 by MarketBeat.com Staff

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