AvidXchange/AVDX

$11.45

-0.6%
-
1D1W1MYTD1YMAX

About AvidXchange

AvidXchange Holdings, Inc. is a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers. The Company’s cloud-based, software and payment platform digitizes and automates the AP workflow for middle market businesses (AvidXchange’s buyer customers), and their service providers and vendors (AvidXchange’s supplier customers). The Company provides solutions and services throughout North America spanning multiple industries including real estate, homeowner’s associations, construction, financial services (including banks and credit unions), healthcare facilities, social services, education, and media. AvidXchange’s software solutions are delivered primarily through a software-as-a-service (SaaS) platform that connects buyer customers using the Company’s 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.

Ticker

AVDX

Sector

Industrials

Trading on

NASDAQ

Industry

Consumer Financial Services

CEO

Michael Praeger

Employees

1,600

Headquarters

Charlotte, United States

AvidXchange Metrics

BasicAdvanced
$2.35B
Market cap
-
P/E ratio
-$0.24
EPS
-
Beta
-
Dividend rate
$2.35B
$13.56
$6.88
1.72M
1.255
20.142
21.163
-2.02%
-7.2%
-5.8%
6.183
3.581
5.802
20.35%
54.04%
26.99%

What the Analysts think about AvidXchange

Analyst Ratings

Majority rating from 15 analysts.
Buy

Price Targets

Average projection from 14 analysts.
21.66% upside
High $16.00
Low $11.50
$11.45
Current price
$13.93
Average price target

AvidXchange Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-4.23% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$104M
5.48%
Net income
$-4.4M
-45%
Profit margin
-4.23%
-47.84%

AvidXchange Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 309.84%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.02
-$0.00
$0.03
$0.05
-
Expected
-$0.06
-$0.04
-$0.02
$0.01
$0.03
Surprise
-69.87%
-95.21%
-225%
309.84%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for AvidXchange stock?

AvidXchange (AVDX) has a market cap of $2.35B as of April 21, 2024.

What is the P/E ratio for AvidXchange stock?

The price to earnings (P/E) ratio for AvidXchange (AVDX) stock is 0 as of April 21, 2024.

Does AvidXchange stock pay dividends?

No, AvidXchange (AVDX) stock does not pay dividends to its shareholders as of April 21, 2024.

When is the next AvidXchange dividend payment date?

AvidXchange (AVDX) stock does not pay dividends to its shareholders.

What is the beta indicator for AvidXchange?

AvidXchange (AVDX) does not currently have a Beta indicator.

What is the AvidXchange stock price target?

The target price for AvidXchange (AVDX) stock is $13.93, which is 21.66% above the current price of $11.45. This is an average based on projections from 14 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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