AVDX icon

AvidXchange

8.54 USD
+0.06
0.71%
Updated Apr 1, 3:27 PM EDT
1 day
0.71%
5 days
-1.27%
1 month
15.09%
3 months
-17.65%
6 months
8.38%
Year to date
-17.65%
1 year
-31.57%
5 years
-65.76%
10 years
-65.76%
 

About: AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue. The company generates revenue in the United States.

Employees: 1,600

0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 9 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

3,805% more call options, than puts

Call options by funds: $6.56M | Put options by funds: $168K

67% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 10 (+4) [Q4]

60% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 50

48% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 29

20% more capital invested

Capital invested by funds: $1.35B [Q3] → $1.62B (+$271M) [Q4]

5% more funds holding

Funds holding: 191 [Q3] → 201 (+10) [Q4]

3.83% less ownership

Funds ownership: 79.95% [Q3] → 76.13% (-3.83%) [Q4]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$7
18%
downside
Avg. target
$8.50
0%
upside
High target
$12
41%
upside

9 analyst ratings

positive
11%
neutral
78%
negative
11%
Keefe, Bruyette & Woods
Sanjay Sakhrani
50% 1-year accuracy
19 / 38 met price target
5%upside
$9
Market Perform
Maintained
31 Mar 2025
Barclays
Ramsey El-Assal
48% 1-year accuracy
30 / 63 met price target
6%downside
$8
Equal-Weight
Downgraded
4 Mar 2025
Piper Sandler
Clarke Jeffries
26% 1-year accuracy
12 / 47 met price target
6%downside
$8
Neutral
Maintained
28 Feb 2025
Wells Fargo
Andrew Bauch
34% 1-year accuracy
13 / 38 met price target
6%downside
$8
Equal-Weight
Maintained
27 Feb 2025
Goldman Sachs
Will Nance
43% 1-year accuracy
18 / 42 met price target
18%downside
$7
Sell
Maintained
27 Feb 2025

Financial journalist opinion

Based on 3 articles about AVDX published over the past 30 days

Positive
Zacks Investment Research
1 week ago
AvidXchange Holdings, Inc. (AVDX) Beats Stock Market Upswing: What Investors Need to Know
The latest trading day saw AvidXchange Holdings, Inc. (AVDX) settling at $8.48, representing a +0.24% change from its previous close.
AvidXchange Holdings, Inc. (AVDX) Beats Stock Market Upswing: What Investors Need to Know
Neutral
Zacks Investment Research
1 week ago
AvidXchange Holdings, Inc. (AVDX) Ascends While Market Falls: Some Facts to Note
AvidXchange Holdings, Inc. (AVDX) closed the most recent trading day at $8.46, moving +0.48% from the previous trading session.
AvidXchange Holdings, Inc. (AVDX) Ascends While Market Falls: Some Facts to Note
Neutral
GlobeNewsWire
3 weeks ago
AvidXchange to Participate in Wolfe FinTech Forum 2025
CHARLOTTE, N.C., March 06, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that members of the management team will participate in the Wolfe FinTech Forum 2025 in New York, NY on Wednesday, March 12, 2025 at 8:10 AM ET.
AvidXchange to Participate in Wolfe FinTech Forum 2025
Neutral
Seeking Alpha
1 month ago
AvidXchange Holdings, Inc. (AVDX) Q4 2024 Earnings Call Transcript
AvidXchange Holdings, Inc. (NASDAQ:AVDX ) Q4 2024 Results Conference Call February 26, 2025 10:00 AM ET Company Participants Mike Praeger - Co-Founder & Chief Executive Officer Joel Wilhite - Chief Financial Officer Conference Call Participants Will Nance - Goldman Sachs Robert Bamberger - Baird Ramsey El-Assal - Barclays Craig Maurer - FT Partners Andrew Bauch - Wells Fargo Darrin Peller - Wolfe Research Bryan Keane - Deutsche Bank Dominick Gabriele - Compass Point Tien-Tsin Huang - JPMorgan James Faucette - Morgan Stanley Jamie Friedman - Susquehanna Operator Good morning, everyone, and thank you for joining us for the AvidXchange Holdings, Inc. Fourth Quarter and Full Year 2024 Earnings Call. Joining us on the call today is Mike Praeger, AvidXchange Co-Founder and Chief Executive Officer; Joel Wilhite, AvidXchange's Chief Financial Officer; and Subhaash Kumar, AvidXchange's Head of Investor Relations.
AvidXchange Holdings, Inc. (AVDX) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
AvidXchange Holdings, Inc. (AVDX) Surpasses Q4 Earnings and Revenue Estimates
AvidXchange Holdings, Inc. (AVDX) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.05 per share a year ago.
AvidXchange Holdings, Inc. (AVDX) Surpasses Q4 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
AvidXchange Announces Fourth Quarter & Full Year 2024 Financial Results
CHARLOTTE, N.C., Feb. 26, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for the fourth quarter and full year-ended December 31, 2024.
AvidXchange Announces Fourth Quarter & Full Year 2024 Financial Results
Neutral
Zacks Investment Research
1 month ago
Wall Street's Insights Into Key Metrics Ahead of AvidXchange (AVDX) Q4 Earnings
Get a deeper insight into the potential performance of AvidXchange (AVDX) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Wall Street's Insights Into Key Metrics Ahead of AvidXchange (AVDX) Q4 Earnings
Neutral
Zacks Investment Research
1 month ago
AvidXchange Holdings, Inc. (AVDX) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, AvidXchange Holdings, Inc. (AVDX) closed at $9.77, marking a -1.91% move from the previous day.
AvidXchange Holdings, Inc. (AVDX) Stock Declines While Market Improves: Some Information for Investors
Negative
Zacks Investment Research
1 month ago
AvidXchange Holdings, Inc. (AVDX) Stock Slides as Market Rises: Facts to Know Before You Trade
AvidXchange Holdings, Inc. (AVDX) reachead $9.99 at the closing of the latest trading day, reflecting a -1.67% change compared to its last close.
AvidXchange Holdings, Inc. (AVDX) Stock Slides as Market Rises: Facts to Know Before You Trade
Neutral
Zacks Investment Research
1 month ago
AvidXchange Holdings, Inc. (AVDX) Laps the Stock Market: Here's Why
AvidXchange Holdings, Inc. (AVDX) closed the most recent trading day at $10.81, moving +1.69% from the previous trading session.
AvidXchange Holdings, Inc. (AVDX) Laps the Stock Market: Here's Why
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