Analyst Price Target is $11.65
▲ +8.47% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for AvidXchange in the last 3 months. The average price target is $11.65, with a high forecast of $15.00 and a low forecast of $8.00. The average price target represents a 8.47% upside from the last price of $10.74.
Current Consensus is
The current consensus among 8 contributing investment analysts is to buy stock in AvidXchange.
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 cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.