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AvidXchange - AVDX Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $11.68
  • Forecasted Upside: 10.59%
  • Number of Analysts: 14
  • Breakdown:
  • 2 Sell Ratings
  • 6 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$10.56 As of 12/20/2024 06:51 PM ET
▼ -0.07 (-0.66%)

This chart shows the closing price for AVDX by one month, three months, or twelve months.

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Analyst Price Target for AVDX

Analyst Price Target is $11.68
▲ +10.59% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for AvidXchange in the last 3 months. The average price target is $11.68, with a high forecast of $15.00 and a low forecast of $8.00. The average price target represents a 10.59% upside from the last price of $10.56.

This chart shows the closing price for AVDX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 14 polled investment analysts is to hold stock in AvidXchange. This rating has held steady since March 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/11/2024BTIG ResearchInitiated CoverageBuy$14.00
12/9/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$10.00 ➝ $12.00
12/5/2024KeyCorpBoost TargetOverweight ➝ Overweight$12.00 ➝ $13.00
12/2/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$9.00 ➝ $10.00
11/18/2024BarclaysBoost TargetOverweight ➝ Overweight$11.00 ➝ $13.00
11/8/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$10.00 ➝ $11.00
11/7/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$7.00 ➝ $9.00
11/7/2024UBS GroupBoost TargetNeutral ➝ Neutral$10.00 ➝ $10.50
11/7/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$9.00 ➝ $10.00
11/7/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$9.00 ➝ $10.00
11/7/2024Piper SandlerBoost TargetNeutral ➝ Neutral$9.00 ➝ $10.00
11/7/2024Compass PointUpgradeNeutral ➝ Buy$8.00 ➝ $15.00
10/21/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$10.00 ➝ $9.00
10/15/2024Bank of AmericaLower TargetUnderperform ➝ Underperform$12.00 ➝ $8.00
10/14/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$9.00 ➝ $7.00
9/4/2024Compass PointInitiated CoverageNeutral$8.00
8/20/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$11.00 ➝ $9.00
8/5/2024BarclaysLower TargetOverweight ➝ Overweight$14.00 ➝ $10.00
8/1/2024BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$13.00 ➝ $10.00
8/1/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$11.50 ➝ $9.00
8/1/2024KeyCorpLower TargetOverweight ➝ Overweight$15.00 ➝ $12.00
8/1/2024Keefe, Bruyette & WoodsLower TargetMarket Perform ➝ Market Perform$13.50 ➝ $11.00
8/1/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$13.00 ➝ $10.00
8/1/2024SusquehannaLower TargetPositive ➝ Positive$16.00 ➝ $14.00
8/1/2024Robert W. BairdLower TargetOutperform ➝ Outperform$16.00 ➝ $14.00
8/1/2024UBS GroupDowngradeBuy ➝ Neutral$15.00 ➝ $10.00
5/13/2024BarclaysLower TargetOverweight ➝ Overweight$16.00 ➝ $14.00
4/15/2024The Goldman Sachs GroupReiterated RatingNeutral ➝ Sell$13.00 ➝ $11.50
4/12/2024Piper SandlerLower TargetNeutral ➝ Neutral$14.00 ➝ $12.00
4/9/2024Keefe, Bruyette & WoodsInitiated CoverageMarket Perform$13.50
2/29/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$14.00 ➝ $15.00
2/29/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$11.00 ➝ $13.00
2/29/2024SusquehannaBoost TargetPositive ➝ Positive$15.00 ➝ $16.00
2/29/2024Piper SandlerBoost TargetNeutral ➝ Neutral$13.00 ➝ $14.00
2/29/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$11.00 ➝ $13.00
1/2/2024Piper SandlerDowngradeOverweight ➝ Neutral$12.00 ➝ $13.00
12/22/2023BarclaysBoost TargetOverweight ➝ Overweight$13.00 ➝ $14.00
12/6/2023BTIG ResearchInitiated CoverageBuy$14.00
12/5/2023BMO Capital MarketsInitiated CoverageMarket Perform$11.00
11/9/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$9.00 ➝ $10.00
11/9/2023Piper SandlerReiterated RatingOverweight ➝ Overweight$12.00
11/7/2023SusquehannaLower TargetPositive ➝ Positive$15.00 ➝ $11.00
10/31/2023Wells Fargo & CompanyInitiated CoverageEqual Weight$9.00
10/23/2023Piper SandlerLower TargetOverweight ➝ Overweight$15.00 ➝ $12.00
10/20/2023UBS GroupInitiated CoverageBuy$11.50
8/4/2023Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$11.00
7/31/2023Piper SandlerBoost TargetOverweight ➝ Overweight$14.00 ➝ $15.00
7/18/2023SusquehannaInitiated CoveragePositive$15.50
6/12/2023KeyCorpBoost Target$12.00 ➝ $15.00
6/6/2023JPMorgan Chase & Co.Boost Target$11.00 ➝ $13.00
6/5/2023BarclaysBoost Target$11.00 ➝ $13.00
6/2/2023Piper SandlerBoost Target$11.00 ➝ $14.00
6/2/2023Deutsche Bank AktiengesellschaftBoost Target$13.00 ➝ $15.00
6/2/2023Credit Suisse GroupBoost Target$11.00 ➝ $12.50
6/2/2023KeyCorpBoost Target$10.00 ➝ $12.00
5/4/2023Robert W. BairdLower Target$14.00 ➝ $12.00
4/5/2023KeyCorpLower TargetOverweight$12.00 ➝ $10.00
3/6/2023BarclaysLower TargetOverweight$13.00 ➝ $11.00
3/2/2023Credit Suisse GroupLower TargetOutperform$11.00 ➝ $10.50
3/2/2023Piper SandlerReiterated RatingOverweight$11.00
1/19/2023Robert W. BairdBoost TargetOutperform$12.00 ➝ $14.00
1/18/2023KeyCorpBoost TargetOverweight$10.00 ➝ $12.00
1/5/2023Wolfe ResearchBoost Target$10.00 ➝ $12.00
11/3/2022JPMorgan Chase & Co.Lower TargetOverweight$12.00 ➝ $11.00
11/2/2022Bank of AmericaDowngradeNeutral ➝ Underperform$10.00 ➝ $8.00
10/20/2022Piper SandlerLower TargetOverweight$12.00 ➝ $11.00
8/8/2022BarclaysBoost TargetOverweight$12.00 ➝ $13.00
8/4/2022The Goldman Sachs GroupBoost TargetNeutral$8.00 ➝ $9.00
8/4/2022Credit Suisse GroupBoost TargetOutperform$10.50 ➝ $11.00
8/4/2022Piper SandlerBoost TargetOverweight$11.00 ➝ $12.00
7/18/2022Piper SandlerLower TargetOverweight$13.00 ➝ $11.00
7/15/2022Robert W. BairdLower Target$16.00 ➝ $12.00
7/7/2022KeyCorpLower TargetOverweight$14.00 ➝ $10.00
5/9/2022Deutsche Bank AktiengesellschaftLower Target$16.00 ➝ $13.00
4/28/2022Morgan StanleyInitiated CoverageEqual Weight$9.00
4/19/2022Robert W. BairdInitiated CoverageOutperform$16.00
4/8/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$13.00 ➝ $10.00
3/8/2022Credit Suisse GroupLower TargetOutperform$24.00 ➝ $16.00
3/8/2022Piper SandlerLower TargetOverweight$25.00 ➝ $13.00
1/27/2022Sumitomo Mitsui Financial GroupInitiated CoverageOutperform$15.00
1/25/2022KeyCorpLower TargetOverweight$30.00 ➝ $15.00
1/12/2022Piper SandlerLower TargetOverweight$28.00 ➝ $25.00
12/13/2021The Goldman Sachs GroupLower TargetBuy$35.00 ➝ $28.00
11/8/2021BarclaysInitiated CoverageOverweight$29.00
11/8/2021Deutsche Bank AktiengesellschaftInitiated CoverageBuy$30.00
11/8/2021The Goldman Sachs GroupInitiated CoverageBuy$40.00
11/8/2021Wolfe ResearchInitiated CoverageOutperform$31.00
11/8/2021Credit Suisse GroupInitiated CoverageOutperform$28.00
11/8/2021JPMorgan Chase & Co.Initiated CoverageOverweight$28.00
11/8/2021Piper SandlerInitiated CoverageOverweight$28.00
11/8/2021KeyCorpInitiated CoverageOverweight$30.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.22 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 17 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 7 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 9 very positive mentions
  • 21 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
8/23/2024
  • 17 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 13 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 16 very positive mentions
  • 22 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 22 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 22 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

AvidXchange logo
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company serves real estate, community association management, construction, financial services, healthcare facilities, social services, education, hospitality, and media sectors through direct salesforces; strategic channel partnerships; and software and technology business partners. AvidXchange Holdings, Inc. was incorporated in 2000 and is headquartered in Charlotte, North Carolina.
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Today's Range

Now: $10.56
Low: $10.29
High: $10.74

50 Day Range

MA: $10.07
Low: $8.07
High: $11.59

52 Week Range

Now: $10.56
Low: $7.38
High: $13.56

Volume

2,922,746 shs

Average Volume

2,032,998 shs

Market Capitalization

$2.17 billion

P/E Ratio

564.50

Dividend Yield

N/A

Beta

1.2

Frequently Asked Questions

What sell-side analysts currently cover shares of AvidXchange?

The following Wall Street analysts have issued stock ratings on AvidXchange in the last twelve months: Bank of America Co., Barclays PLC, BMO Capital Markets, BTIG Research, Compass Point, JPMorgan Chase & Co., Keefe, Bruyette & Woods, KeyCorp, Piper Sandler, Robert W. Baird, Susquehanna, The Goldman Sachs Group, Inc., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for AVDX.

What is the current price target for AvidXchange?

0 Wall Street analysts have set twelve-month price targets for AvidXchange in the last year. Their average twelve-month price target is $11.68, suggesting a possible upside of 10.6%. Compass Point has the highest price target set, predicting AVDX will reach $15.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $8.00 for AvidXchange in the next year.
View the latest price targets for AVDX.

What is the current consensus analyst rating for AvidXchange?

AvidXchange currently has 2 sell ratings, 6 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in AVDX, but not buy more shares or sell existing shares.
View the latest ratings for AVDX.

What other companies compete with AvidXchange?

Other companies that are similar to AvidXchange include BILL, Vertex, Kyndryl, Trump Media & Technology Group and Match Group. Learn More about companies similar to AvidXchange.

How do I contact AvidXchange's investor relations team?

AvidXchange's physical mailing address is 1210 AVIDXCHANGE LANE, CHARLOTTE NC, 28206. The company's listed phone number is 800-560-9305 and its investor relations email address is [email protected]. The official website for AvidXchange is www.avidxchange.com. Learn More about contacing AvidXchange investor relations.