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AvidXchange - AVDX Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $11.65
  • Forecasted Upside: 8.47%
  • Number of Analysts: 8
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$10.74 As of 06/2/2023 06:34 PM ET
▲ +0.14 (1.32%)

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 $11.65
▲ +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.

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 8 contributing investment analysts is to buy stock in AvidXchange.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/4/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/4/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
5/3/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
6/2/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/2/2023Piper SandlerBoost Target$11.00 ➝ $14.00Low
6/2/2023Deutsche Bank AktiengesellschaftBoost Target$13.00 ➝ $15.00Low
6/2/2023Credit Suisse GroupBoost Target$11.00 ➝ $12.50Low
6/2/2023KeyCorpBoost Target$10.00 ➝ $12.00Low
5/4/2023Robert W. BairdLower Target$14.00 ➝ $12.00Low
4/5/2023KeyCorpLower TargetOverweight$12.00 ➝ $10.00Low
3/6/2023BarclaysLower TargetOverweight$13.00 ➝ $11.00Low
3/2/2023Credit Suisse GroupLower TargetOutperform$11.00 ➝ $10.50Low
3/2/2023Piper SandlerReiterated RatingOverweight$11.00Low
1/19/2023Robert W. BairdBoost TargetOutperform$12.00 ➝ $14.00Low
1/18/2023KeyCorpBoost TargetOverweight$10.00 ➝ $12.00Low
1/5/2023Wolfe ResearchBoost Target$10.00 ➝ $12.00Low
11/3/2022JPMorgan Chase & Co.Lower TargetOverweight$12.00 ➝ $11.00Low
11/2/2022Bank of AmericaDowngradeNeutral ➝ Underperform$10.00 ➝ $8.00Low
10/20/2022Piper SandlerLower TargetOverweight$12.00 ➝ $11.00Low
8/8/2022BarclaysBoost TargetOverweight$12.00 ➝ $13.00Low
8/4/2022The Goldman Sachs GroupBoost TargetNeutral$8.00 ➝ $9.00Low
8/4/2022Credit Suisse GroupBoost TargetOutperform$10.50 ➝ $11.00Low
8/4/2022Piper SandlerBoost TargetOverweight$11.00 ➝ $12.00Low
7/18/2022Piper SandlerLower TargetOverweight$13.00 ➝ $11.00Low
7/15/2022Robert W. BairdLower Target$16.00 ➝ $12.00Low
7/7/2022KeyCorpLower TargetOverweight$14.00 ➝ $10.00N/A
5/9/2022Deutsche Bank AktiengesellschaftLower 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 TargetOutperform$24.00 ➝ $16.00High
3/8/2022Piper SandlerLower TargetOverweight$25.00 ➝ $13.00High
1/27/2022Sumitomo Mitsui Financial GroupInitiated CoverageOutperform$15.00High
1/25/2022KeyCorpLower TargetOverweight$30.00 ➝ $15.00Medium
1/12/2022Piper SandlerLower TargetOverweight$28.00 ➝ $25.00Medium
12/13/2021The Goldman Sachs GroupLower 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 6/2/2018 forward)

News Sentiment Rating

0.35 (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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/4/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/3/2023
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/2/2023
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/4/2023
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2023
  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/3/2023
  • 4 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2023

Current Sentiment

  • 4 very positive mentions
  • 15 positive mentions
  • 2 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 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: $10.74
Low: $10.55
High: $11.20

50 Day Range

MA: $8.16
Low: $7.10
High: $10.60

52 Week Range

Now: $10.74
Low: $5.86
High: $11.86

Volume

4,367,415 shs

Average Volume

1,888,709 shs

Market Capitalization

$2.16 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.4

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, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., KeyCorp, Piper Sandler, Robert W. Baird, The Goldman Sachs Group, Inc., and Wolfe Research.
View the latest analyst ratings for AVDX.

What is the current price target for AvidXchange?

10 Wall Street analysts have set twelve-month price targets for AvidXchange in the last year. Their average twelve-month price target is $11.65, suggesting a possible upside of 8.9%. Deutsche Bank Aktiengesellschaft 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 1 sell rating, 1 hold rating and 6 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.

What other companies compete with AvidXchange?

Other companies that are similar to AvidXchange include Opera, ForgeRock, Fastly, Hello Group and Q2. 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 s[email protected]. The official website for AvidXchange is www.avidxchange.com. Learn More about contacing AvidXchange investor relations.