NASDAQ:AVDX - AvidXchange Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: 17.73
  • Forecasted Upside: 84.66 %
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
9.60
▼ -0.06 (-0.62%)

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 17.73
▲ +84.66% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for AvidXchange in the last 3 months. The average price target is 17.73, with a high forecast of 0.00 and a low forecast of 0.00. The average price target represents a 84.66% upside from the last price of 9.60.

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 Buy

The current consensus among 11 polled investment analysts is to buy stock in AvidXchange.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/4/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/4/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/2/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/31/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/29/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/27/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/28/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/28/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/9/2022Deutsche Bank AktiengesellschaftLower Price Target$16.00 ➝ $13.00High
4/28/2022Morgan StanleyInitiated CoverageEqual Weight$9.00High
4/19/2022Robert W. BairdInitiated CoverageOutperform$16.00Low
4/8/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$13.00 ➝ $10.00Low
3/8/2022Credit Suisse GroupLower Price TargetOutperform$24.00 ➝ $16.00High
3/8/2022Piper SandlerLower Price TargetOverweight$25.00 ➝ $13.00High
1/27/2022Sumitomo Mitsui Financial GroupInitiated CoverageOutperform$15.00High
1/25/2022KeyCorpLower Price TargetOverweight$30.00 ➝ $15.00Medium
1/12/2022Piper SandlerLower Price TargetOverweight$28.00 ➝ $25.00Medium
12/13/2021The Goldman Sachs GroupLower Price TargetBuy$35.00 ➝ $28.00Medium
11/8/2021BarclaysInitiated CoverageOverweight$29.00Low
11/8/2021Deutsche Bank AktiengesellschaftInitiated CoverageBuy$30.00Low
11/8/2021The Goldman Sachs GroupInitiated CoverageBuy$40.00Low
11/8/2021Wolfe ResearchInitiated CoverageOutperform$31.00Low
11/8/2021Credit Suisse GroupInitiated CoverageOutperform$28.00High
11/8/2021JPMorgan Chase & Co.Initiated CoverageOverweight$28.00High
11/8/2021Piper SandlerInitiated CoverageOverweight$28.00High
11/8/2021KeyCorpInitiated CoverageOverweight$30.00High
(Data available from 5/28/2017 forward)

News Sentiment Rating

0.25 (Hold)

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

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  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/30/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/29/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/29/2021
  • 0 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/28/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/27/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/29/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/28/2022
  • 7 very positive mentions
  • 15 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
5/28/2022

Current Sentiment

  • 7 very positive mentions
  • 15 positive mentions
  • 6 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

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 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.
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Today's Range

Now: 9.60
Low: 9.54
High: 10.08

50 Day Range

MA: 8.21
Low: 6.25
High: 9.66

52 Week Range

Now: 9.60
Low: 5.95
High: 27.43

Volume

1,794,000 shs

Average Volume

1,219,475 shs

Market Capitalization

$1.90 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

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: Barclays PLC, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Piper Sandler, Robert W. Baird, Sumitomo Mitsui Financial Group, Inc., The Goldman Sachs Group, Inc., Wolfe Research, and Zacks Investment Research.
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 17.73, suggesting a possible upside of 84.7%.
View the latest price targets for AVDX.

What is the current consensus analyst rating for AvidXchange?

AvidXchange currently has 2 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe AVDX will outperform the market and that investors should add to their positions of AvidXchange.
View the latest ratings for AVDX.

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.