Avalara Inc (AVLR) Stock Forecast & Predictions

Avalara Inc AVLR: $106.42

, , , . | Sector: Information | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.avalara.com

  • Market Cap$9.25B
  • Change (52 Weeks)-34.00%
  • Low (52 Weeks)$94.22
  • Avalara Inc (AVLR) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Avalara Inc (AVLR) is based on 20 Institutional Analyst Ratings where 65.00% are on Strong Buy, 30.00% on Moderate Buy, 5.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended AVLR stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Avalara Inc.

    Avalara Inc (AVLR) Stock Price Prediction By Analysts


    HighLowAverage
    $231.00$171.70$210.36
    $210.3697.67% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for AVLR set by the institutional analysts is $210.36 where High Estimate is $231.00, Median $214.20000000000002 and Low $171.70.

    The average price target for AVLR by Institutional Analysts is $210.36, which is 97.67% Upside from the current price. So according to the Institutional Analysts, AVLR Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Avalara Inc (AVLR) Stock Forecast Based on Investor Sentiment


    Neutral
    Based on 552,135 investor portfolio.

    Our algorithm has analysed 552,135 investor portfolio with AVLR stock holdings and found that 60.00% of them are bullish. Which means the Investor Sentiment is mostly Neutral.

    This shows most investors at this stage are confused about AVLR stock price, whille half of them are optimistic that the price can rise further, half of them think the stock is overvalued and the price can fall anytime.

    Avalara Inc (AVLR) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    JP MorganOverweightUpgraded
    BerenbergBuyInitiated
    BerenbergBuyInitiated
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightInitiated
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    NeedhamBuyMaintained
    MizuhoBuyMaintained
    Canaccord GenuityBuyMaintained
    Piper SandlerOverweightMaintained
    JP MorganNeutralDowngraded
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    NeedhamBuyMaintained
    Raymond JamesOutperformMaintained
    NeedhamBuyMaintained
    Piper SandlerOverweightMaintained
    StifelBuyMaintained
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    NeedhamBuyMaintained
    JP MorganOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    NeedhamBuyMaintained
    Piper SandlerOverweightMaintained
    CitigroupBuyInitiated
    Raymond JamesOutperformMaintained
    Canaccord GenuityBuyMaintained
    Raymond JamesOutperformMaintained
    Piper JaffrayOverweightInitiated
    MizuhoBuyInitiated
    Raymond JamesOutperformInitiated
    Canaccord GenuityBuyInitiated
    William BlairOutperformInitiated
    Stifel NicolausBuyUpgraded
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    Stephens & Co.OverweightInitiated
    KeyBancOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    NeedhamBuyInitiated
    KeyBancOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    JP MorganOverweightUpgraded
    JMP SecuritiesMarket OutperformUpgraded
    KeyBancOverweightUpgraded
    Goldman SachsBuyUpgraded
    KeyBancSector WeightInitiated
    JP MorganNeutralInitiated
    Goldman SachsNeutralInitiated

    Avalara Inc (AVLR) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.079
    The average consensus EPS for AVLR is $-0.079 with a high estimate of $-0.010 and Low of $-0.157 for the period 2022-03-31 and based on 14 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.03$-0.06712021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$-0.07912021-12-31
    $-0.03$-0.06712021-09-30
    $0.02$-0.09332021-06-30
    $-0.08$-0.11652021-03-31
    $0.09$-0.06082020-12-31
    $0.02$-0.09712020-09-30
    $0.05$-0.10342020-06-30
    $-0.05$-0.11062020-03-31
    $-0.03$-0.08712019-12-31
    $-0.01$-0.09652019-09-30
    $-0.03$-0.11222019-06-30
    $-0.01$-0.16322019-03-31
    $-0.19$-0.19552018-12-31
    $-0.14$-0.17752018-09-30
    $-0.19$-0.23662018-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).