AvePoint Reports 25% Q1 Revenue Growth, Raises 2025 Guidance

AvePoint Inc. reported strong first-quarter 2025 results with total revenue of $93.1 million, marking a 25% increase year-over-year, driven largely by a 34% growth in SaaS revenue to $68.9 million. The company raised its full-year revenue guidance to a range of $397.4 million to $405.4 million and expects non-GAAP operating income between $61.4 million and $64.4 million, citing favorable foreign exchange impacts and outperformance in the first quarter. Analyst sentiment is generally positive, with an average target price suggesting an 8.24% upside from the current price, supported by an "Outperform" brokerage rating. However, GuruFocus presents a more cautious view, estimating a fair value significantly lower than the current price, implying a potential downside of over 35%. Despite missing EPS estimates slightly, AvePoint's revenue beat expectations, and its financial health is rated as good by InvestingPro. The company emphasizes its strategic focus on recurring revenue streams and the convergence of data security and governance challenges as key growth drivers.