NASDAQ:AVID - Avid Technology Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $20.75
  • Forecasted Upside: -42.96 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$36.38
▲ +0.27 (0.75%)
1 month | 3 months | 12 months
Get New Avid Technology Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for AVID and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for AVID

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$20.75
▼ -42.96% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Avid Technology in the last 3 months. The average price target is $20.75, with a high forecast of $30.00 and a low forecast of $8.00. The average price target represents a -42.96% upside from the last price of $36.38.

Buy

The current consensus among 4 contributing investment analysts is to buy stock in Avid Technology. This rating has held steady since February 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/24/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/21/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/19/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/18/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/18/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/17/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/16/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/6/2021B. RileyBoost Price Target$25.00 ➝ $30.00High
i
3/29/2021Northland SecuritiesReiterated RatingBuyMedium
i
3/17/2021Royal Bank of CanadaInitiated CoverageOutperformMedium
i
3/10/2021B. RileyBoost Price TargetBuy$24.00 ➝ $25.00N/A
i
3/3/2021B. RileyBoost Price TargetBuy$18.00 ➝ $24.00High
i
2/9/2021Northland SecuritiesBoost Price Target$32.00 ➝ $22.00Low
i
1/8/2021Maxim GroupBoost Price TargetBuy$14.00 ➝ $23.00Low
i
12/31/2020B. RileyBoost Price TargetBuy$13.50 ➝ $18.00N/A
i
10/29/2020B. RileyBoost Price TargetBuy$12.00 ➝ $13.50High
i
9/25/2020Northland SecuritiesReiterated RatingBuy$17.00High
i
Rating by Nehal Chokshi at Northland Securities
8/4/2020B. RileyBoost Price Target$9.00 ➝ $12.00Medium
i
8/4/2020Jefferies Financial GroupBoost Price Target$6.50 ➝ $8.00Low
i
8/4/2020Maxim GroupBoost Price TargetBuy$12.00 ➝ $14.00High
i
7/22/2020Northland SecuritiesReiterated RatingBuy$14.00High
i
Rating by Nehal Chokshi at Northland Securities
6/25/2020Northland SecuritiesReiterated RatingBuy$14.00High
i
Rating by Nehal Chokshi at Northland Securities
5/19/2020Northland SecuritiesInitiated CoverageOutperform$14.00High
i
5/11/2020Jefferies Financial GroupLower Price Target$8.50 ➝ $6.50Low
i
5/8/2020B. RileyLower Price TargetBuy$10.00 ➝ $9.00High
i
Rating by J. Nichols at B. Riley
3/16/2020Maxim GroupReiterated RatingBuy$14.00Medium
i
Rating by Nehal Chokshi at Maxim Group
11/21/2019Maxim GroupReiterated RatingBuy$14.00Low
i
Rating by Nehal Chokshi at Maxim Group
11/15/2019B. RileyInitiated CoverageBuy$10.00High
i
Rating by J. Nichols at B. Riley
11/5/2019Maxim GroupReiterated RatingBuy$14.00Medium
i
6/7/2019Maxim GroupReiterated RatingBuy$14.00Low
i
6/7/2019Jefferies Financial GroupBoost Price TargetHold$6.50 ➝ $8.50Low
i
5/7/2019Maxim GroupReiterated RatingBuy$14.00High
i
5/1/2019Maxim GroupInitiated CoverageBuy ➝ BuyHigh
i
3/21/2019BWS FinancialDowngradeHold ➝ Sell$5.00Low
i
1/30/2019Dougherty & CoUpgradeSell ➝ NeutralLow
i
12/26/2018BWS FinancialUpgradeSell ➝ Hold$5.00Medium
i
11/16/2018BWS FinancialDowngradeHold ➝ Sell$5.00Low
i
11/13/2018Jefferies Financial GroupInitiated CoverageHold ➝ Hold$6.00High
i
12/7/2017Dougherty & CoDowngradeNeutral ➝ Sell$4.50Medium
i
Rating by S. Frankel at Dougherty & Co
1/31/2017BWS FinancialDowngradeBuy ➝ HoldN/A
i
11/10/2016BWS FinancialDowngradeBuy ➝ Hold$5.00N/A
i
Rating by H. Khorsand at BWS Financial
(Data available from 6/16/2016 forward)
Avid Technology logo
Avid Technology, Inc. develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. 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; S6 line of complementary control surfaces and consoles; S1 and S4 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various service contracts and support plans; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts.
Read More

Today's Range

Now: $36.38
$35.30
$36.55

50 Day Range

MA: $27.07
$19.52
$36.59

52 Week Range

Now: $36.38
$6.88
$37.63

Volume

304,223 shs

Average Volume

546,175 shs

Market Capitalization

$1.64 billion

P/E Ratio

75.79

Dividend Yield

N/A

Beta

1.39

Frequently Asked Questions

What sell-side analysts currently cover shares of Avid Technology?

The following Wall Street analysts have issued stock ratings on Avid Technology in the last year: B. Riley, Jefferies Financial Group Inc., Maxim Group, Northland Securities, Royal Bank of Canada, and Zacks Investment Research.
View the latest analyst ratings for AVID.

What is the current price target for Avid Technology?

4 Wall Street analysts have set twelve-month price targets for Avid Technology in the last year. Their average twelve-month price target is $20.75, suggesting a possible downside of 43.0%. B. Riley has the highest price target set, predicting AVID will reach $30.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $8.00 for Avid Technology in the next year.
View the latest price targets for AVID.

What is the current consensus analyst rating for Avid Technology?

Avid Technology currently has 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe AVID will outperform the market and that investors should add to their positions of Avid Technology.
View the latest ratings for AVID.

What other companies compete with Avid Technology?

Other companies that are similar to Avid Technology include Apple, Dell Technologies, HP, NCR, 3D Systems, Stratasys, Diebold Nixdorf and Kopin.

How do I contact Avid Technology's investor relations team?

Avid Technology's physical mailing address is 75 NETWORK DRIVE, BURLINGTON MA, 01803. The technology company's listed phone number is 978-640-6789 and its investor relations email address is [email protected] The official website for Avid Technology is www.avid.com.