Brendon Lau: Audinate Group Ltd (ASX: AD8)
Audinate Group’s technology is well placed to become the de facto standard in the music and audio industry. The recent pullback in the Audinate share price from its high of $8.54 represents a good buying opportunity as the stock is trading on a relatively modest market cap of under $500 million. If Audinate’s technology does become an industry benchmark, its share price should be worth a lot more.
Motley Fool contributor Brendon Lau owns shares of Audinate Group Ltd.
Audinate Group Ltd (ASX: AD8)
According to a note out of Morgan Stanley, its analysts have retained their overweight rating and $10.30 price target on this digital Audio-Visual networking technology provider following its investor day event. The broker left the event feeling even more confident in the company’s prospects thanks to its competitive advantage and long-term growth opportunity. Morgan Stanley also appears confident in Audinate’s opportunity in the video market. I agree with the broker and believe it is one of the best small cap shares on the ASX.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.48 |
Change
-0.190(4.07%) |
Mkt cap ! $377.3M | |||
| Open | High | Low | Value | Volume |
| $4.66 | $4.71 | $4.48 | $4.164M | 914.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $4.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.65 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| AD8 (ASX) Chart |