AvidXchange Holdings, Inc.

AVDX

US05368X1028

Business Support Services

Real-time Estimate Cboe BZX Other stock markets 10:23:18 2024-05-03 am EDT			5-day change	1st Jan Change
12.18 ^USD	+2.40%		+0.51%	-4.04%

Apr. 15	Goldman Sachs Downgrades AvidXchange Holdings to Sell From Neutral, Cuts Price Target to $11.50 From $13	MT
Apr. 12	Piper Sandler Adjusts AvidXchange Price Target to $12 From $14, Maintains Neutral Rating	MT

Avidxchange Holdings, Inc. Revises Earnings Guidance for the Fiscal Year 2023

September 01, 2023 at 01:23 pm EDT

AvidXchange Holdings, Inc. revised earnings guidance for the fiscal year 2023. For the year, the company expected revenue to be $368.0 million - $370.0 million compared to previous guidance of $363.0 million - $368.0 million.

Latest news about AvidXchange Holdings, Inc.

Goldman Sachs Downgrades AvidXchange Holdings to Sell From Neutral, Cuts Price Target to $11.50 From $13	Apr. 15	MT
Piper Sandler Adjusts AvidXchange Price Target to $12 From $14, Maintains Neutral Rating	Apr. 12	MT
Keefe, Bruyette & Woods Initiates Coverage on AvidXchange With Market Perform Rating, $13.50 Price Target	Apr. 09	MT
AvidXchange Holdings, Inc. Announces Board Changes	Mar. 26	CI
AvidXchange Holdings Insider Sold Shares Worth $520,000, According to a Recent SEC Filing	Mar. 21	MT
UBS Raises AvidXchange Holdings Price Target to $15 From $12.50, Maintains Buy Rating	Feb. 29	MT
BMO Capital Adjusts Price Target on AvidXchange to $13 From $11, Maintains Market Perform Rating	Feb. 29	MT
Susquehanna Adjusts Price Target on AvidXchange Holdings to $16 From $15, Maintains Positive Rating	Feb. 29	MT
Transcript : AvidXchange Holdings, Inc., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
AvidXchange Holdings' Q4 Net Loss Narrows, Revenue Rises; 2024 Guidance Issued	Feb. 28	MT
Avidxchange Holdings, Inc. Provides Earnings Guidance for the Year 2024	Feb. 28	CI
Earnings Flash (AVDX) AVIDXCHANGE Reports Q4 Revenue $104.1M, vs. Street Est of $98.6M	Feb. 28	MT
AvidXchange Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
AvidXchange Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 28	CI
Software Sector Poised to Benefit From AI Focus, Cloud Shift, BofA Says	Jan. 05	MT
North American Morning Briefing : Stock Futures Extend Losses as FOMC Minutes Awaited	Jan. 03	DJ
Piper Sandler Downgrades AvidXchange to Neutral From Overweight, Adjusts Price Target to $13 From $12	Jan. 02	MT
Barclays Adjusts Price Target on AvidXchange to $14 From $13, Keeps Overweight Rating	Dec. 22	MT
Avidxchange Holdings Insider Sold Shares Worth $819,981, According to a Recent SEC Filing	Dec. 19	MT
Avidxchange Holdings Insider Sold Shares Worth $269,438, According to a Recent SEC Filing	Dec. 18	MT
BTIG Initiates AvidXchange With Buy Rating, Price Target is $14	Dec. 06	MT
BMO Capital Initiates AvidXchange With Market Perform Rating, Price Target is $11	Dec. 05	MT
Avidxchange Holdings Insider Sold Shares Worth $157,500, According to a Recent SEC Filing	Dec. 01	MT
VidXchange and M3 Partnership Revolutionizes Hotel Accounting with Fully Automated Financial Management Solution	Nov. 29	CI
Transcript : AvidXchange Holdings, Inc. Presents at 2023 UBS Global Technology Conference, Nov-28-2023 04:55 PM	Nov. 28

Chart AvidXchange Holdings, Inc.

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Company Profile

AvidXchange Holdings, Inc. is a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers. The Companyâs cloud-based, software and payment platform digitizes and automates the AP workflow for middle market businesses (AvidXchangeâs buyer customers), and their service providers and vendors (AvidXchangeâs supplier customers). The Company provides solutions and services throughout North America spanning multiple industries including real estate, homeownerâs associations, construction, financial services (including banks and credit unions), healthcare facilities, social services, education, and media. AvidXchangeâs software solutions are delivered primarily through a software-as-a-service (SaaS) platform that connects buyer customers using the Companyâs AP automation products with a network of their vendors, including supplier customers. The Company has made payments to more than 1,200,000 supplier customers of its buyers.

Sector

Business Support Services

Calendar

2024-05-08 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Ratings for AvidXchange Holdings, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

12.06 USD

Average target price

14 USD

Spread / Average Target

+16.09%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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