Free Trial
NASDAQ:AVDX

AvidXchange (AVDX) Stock Price, News & Analysis

AvidXchange logo
$7.86 -0.14 (-1.69%)
As of 03:48 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About AvidXchange Stock (NASDAQ:AVDX)

Key Stats

Today's Range
$7.54
$7.89
50-Day Range
$6.89
$10.81
52-Week Range
$6.61
$12.93
Volume
1.58 million shs
Average Volume
1.86 million shs
Market Capitalization
$1.61 billion
P/E Ratio
196.38
Dividend Yield
N/A
Price Target
$10.07
Consensus Rating
Hold

Company Overview

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.

Remove Ads

AvidXchange Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

AVDX MarketRank™: 

AvidXchange scored higher than 85% of companies evaluated by MarketBeat, and ranked 152nd out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AvidXchange has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 4 buy ratings, 10 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    AvidXchange has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about AvidXchange's stock forecast and price target.
  • Earnings Growth

    Earnings for AvidXchange are expected to grow by 450.00% in the coming year, from $0.02 to $0.11 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AvidXchange is 191.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AvidXchange is 191.15, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 38.10.

  • Price to Book Value per Share Ratio

    AvidXchange has a P/B Ratio of 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about AvidXchange's valuation and earnings.
  • Percentage of Shares Shorted

    3.03% of the float of AvidXchange has been sold short.
  • Short Interest Ratio / Days to Cover

    AvidXchange has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AvidXchange has recently decreased by 12.57%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    AvidXchange does not currently pay a dividend.

  • Dividend Growth

    AvidXchange does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.03% of the float of AvidXchange has been sold short.
  • Short Interest Ratio / Days to Cover

    AvidXchange has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AvidXchange has recently decreased by 12.57%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    AvidXchange has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for AvidXchange this week, compared to 6 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added AvidXchange to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AvidXchange insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $955,323.00 in company stock.

  • Percentage Held by Insiders

    10.40% of the stock of AvidXchange is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    80.58% of the stock of AvidXchange is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about AvidXchange's insider trading history.
Receive AVDX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for AvidXchange and its competitors with MarketBeat's FREE daily newsletter.

AVDX Stock News Headlines

Here’s How to Claim Your Stake in Elon’s Private Company, xAI
Even though xAI is a private company, tech legend and angel investor Jeff Brown found a way for everyday folks like you… To partner with Elon on what he believes will be the biggest AI project of the century… Starting with as little as $500.
AvidXchange price target raised to $9 from $8 at Keefe Bruyette
See More Headlines

AVDX Stock Analysis - Frequently Asked Questions

AvidXchange's stock was trading at $10.34 on January 1st, 2025. Since then, AVDX shares have decreased by 26.1% and is now trading at $7.6410.
View the best growth stocks for 2025 here
.

AvidXchange Holdings, Inc. (NASDAQ:AVDX) posted its quarterly earnings data on Wednesday, February, 26th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.03. The company earned $115.44 million during the quarter, compared to analysts' expectations of $114.98 million. AvidXchange had a negative net margin of 0.23% and a positive trailing twelve-month return on equity of 0.74%.

AvidXchange (AVDX) raised $581 million in an IPO on Wednesday, October 13th 2021. The company issued 26,400,000 shares at $21.00-$23.00 per share.

Top institutional shareholders of AvidXchange include Versant Capital Management Inc. Insiders that own company stock include Michael Praeger, James E Hausman, Daniel Drees, Angelic Gibson, Ryan Stahl, Todd Alan Cunningham, Teresa Mackintosh and Joel Wilhite.
View institutional ownership trends
.

Shares of AVDX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that AvidXchange investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Invesco QQQ (QQQ).

Company Calendar

Last Earnings
2/26/2025
Today
4/04/2025
Next Earnings (Estimated)
5/08/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:AVDX
Fax
N/A
Employees
1,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.07
High Stock Price Target
$15.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+28.3%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
16 Analysts

Profitability

Trailing P/E Ratio
196.28
Forward P/E Ratio
392.25
P/E Growth
N/A
Net Income
$-47,330,000.00
Pretax Margin
0.12%

Debt

Sales & Book Value

Annual Sales
$438.94 million
Cash Flow
$0.01 per share
Price / Cash Flow
751.61
Book Value
$3.23 per share
Price / Book
2.43

Miscellaneous

Free Float
184,330,000
Market Cap
$1.60 billion
Optionable
Optionable
Beta
1.28

Social Links

7 Top Nuclear Stocks To Buy Now Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report

This page (NASDAQ:AVDX) was last updated on 4/4/2025 by MarketBeat.com Staff
From Our Partners