AvePoint, a prominent player in the software industry that enhances platforms such as Microsoft 365, Google, and Salesforce, has unveiled its ambitious revenue growth projections for 2025. The company expects its revenue to rise by 20% to 23%, fueled by innovative strides in artificial intelligence (AI) and the modernization of data management systems.
The optimism surrounding AvePoint's future performance is largely centered on their strategic focus on AI adoption and data modernization. These technological advancements are pivotal for the company's growth strategy. According to information on Wikipedia, AvePoint employs around 2,650 individuals as of 2024 and is headquartered in Jersey City, New Jersey. Going public on NASDAQ in 2020 marked a significant milestone for the company.
As of May 9, 2025, AvePoint's stock, listed under the ticker AVPT, is trading at $17.40, experiencing a 1.99% uptick from the previous closing price. These projections and stock movements highlight AvePoint's strategic initiatives aimed at expanding their influence and market share in the competitive software landscape.