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AvidXchange Holdings

AVDXNASDAQ
Logo brought to you by Benzinga Data
$10.56
-0.07-0.66%
At close: -
$10.56
0.000.00%
After Hours: Dec 20, 4:03 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$15.00
Lowest Price Target1
$8.00
Consensus Price Target1
$12.15

AvidXchange Holdings (NASDAQ:AVDX) Stock, Analyst Ratings, Price Targets, Forecasts

AvidXchange Holdings Inc has a consensus price target of $12.15 based on the ratings of 20 analysts. The high is $15 issued by Compass Point on November 7, 2024. The low is $8 issued by B of A Securities on October 15, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Keybanc, and Goldman Sachs on December 9, 2024, December 5, 2024, and December 2, 2024, respectively. With an average price target of $11.67 between Keefe, Bruyette & Woods, Keybanc, and Goldman Sachs, there's an implied 10.48% upside for AvidXchange Holdings Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
6
1
Aug
1
Sep
1
2
Oct
2
5
1
Nov
1
1
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
Keybanc
Goldman Sachs
Barclays
BMO Capital

1calculated from analyst ratings

Analyst Ratings for AvidXchange Holdings

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for AvidXchange Holdings (AVDX) stock?

A

The latest price target for AvidXchange Holdings (NASDAQ:AVDX) was reported by Keefe, Bruyette & Woods on December 9, 2024. The analyst firm set a price target for $12.00 expecting AVDX to rise to within 12 months (a possible 13.64% upside). 36 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for AvidXchange Holdings (AVDX)?

A

The latest analyst rating for AvidXchange Holdings (NASDAQ:AVDX) was provided by Keefe, Bruyette & Woods, and AvidXchange Holdings maintained their market perform rating.

Q

When was the last upgrade for AvidXchange Holdings (AVDX)?

A

The last upgrade for AvidXchange Holdings Inc happened on November 7, 2024 when Compass Point raised their price target to $15. Compass Point previously had a neutral for AvidXchange Holdings Inc.

Q

When was the last downgrade for AvidXchange Holdings (AVDX)?

A

The last downgrade for AvidXchange Holdings Inc happened on August 20, 2024 when JP Morgan changed their price target from $11 to $9 for AvidXchange Holdings Inc.

Q

When is the next analyst rating going to be posted or updated for AvidXchange Holdings (AVDX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AvidXchange Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for AvidXchange Holdings was filed on December 9, 2024 so you should expect the next rating to be made available sometime around December 9, 2025.

Q

Is the Analyst Rating AvidXchange Holdings (AVDX) correct?

A

While ratings are subjective and will change, the latest AvidXchange Holdings (AVDX) rating was a maintained with a price target of $10.00 to $12.00. The current price AvidXchange Holdings (AVDX) is trading at is $10.56, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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