▲ +31.89% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Avalara in the last 3 months. The average price target is $189.47, with a high forecast of $220.00 and a low forecast of $140.00. The average price target represents a 31.89% upside from the last price of $143.66.
The current consensus among 13 polled investment analysts is to buy stock in Avalara. This Buy consensus rating has held steady for over two years.
Avalara, Inc. engages in the provision of cloud-based solutions. The firm focuses on taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. Its products include AvaTax excise, AvaTax communications, returns excise, trustfile, CertCapture, and avalara licensing. The company was founded by Rory Rawlings, Scott McFarlane, and Jared R. Vogt in August 1999 and is headquartered in Seattle, WA.