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AvidXchange Holdings

AVDXNASDAQ
$12.86
0.262.06%
At Close: -
$12.86
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 8 days from now on Wed Jul 31st, before the market open
Consensus Rating1
Outperform
Highest Price Target1
$31.00
Lowest Price Target1
$8.00
Consensus Price Target1
$14.76

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

AvidXchange Holdings Inc has a consensus price target of $14.76 based on the ratings of 19 analysts. The high is $31 issued by Wolfe Research on November 8, 2021. The low is $8 issued by B of A Securities on November 3, 2022. The 3 most-recent analyst ratings were released by Barclays, Goldman Sachs, and Piper Sandler on May 13, 2024, April 15, 2024, and April 12, 2024, respectively. With an average price target of $12.5 between Barclays, Goldman Sachs, and Piper Sandler, there's an implied -2.80% downside for AvidXchange Holdings Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
3
Feb
2
1
Apr
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Goldman Sachs
Piper Sandler
Keefe, Bruyette & Woods
JP Morgan

1calculated from analyst ratings

Analyst Ratings for AvidXchange Holdings

Buy NowGet Alert
05/13/2024Buy Now8.86%Barclays
Ramsey El-Assal
$16 → $14MaintainsOverweightGet Alert
04/15/2024Buy Now-10.58%Goldman Sachs
Will Nance
$13 → $11.5DowngradeNeutral → SellGet Alert
04/12/2024Buy Now-6.69%Piper Sandler
Clarke Jeffries
$14 → $12MaintainsNeutralGet Alert
04/09/2024Buy Now4.98%Keefe, Bruyette & Woods
Sanjay Sakhrani
→ $13.5Initiates → Market PerformGet Alert
02/29/2024Buy Now16.64%JP Morgan
Tien-Tsin Huang
$14 → $15MaintainsOverweightGet Alert
02/29/2024Buy Now1.09%Goldman Sachs
Will Nance
$11 → $13MaintainsNeutralGet Alert
02/29/2024Buy Now24.42%Susquehanna
James Friedman
$15 → $16MaintainsPositiveGet Alert
02/29/2024Buy Now8.86%Piper Sandler
Brent Bracelin
$13 → $14MaintainsNeutralGet Alert
02/29/2024Buy Now1.09%BMO Capital
Rufus Hone
$11 → $13MaintainsMarket PerformGet Alert
01/02/2024Buy Now1.09%Piper Sandler
Brent Bracelin
$12 → $13DowngradeOverweight → NeutralGet Alert
12/22/2023Buy Now8.86%Barclays
Ramsey El-Assal
$13 → $14MaintainsOverweightGet Alert
12/06/2023Buy Now8.86%BTIG
Lance Jessurun
→ $14Initiates → BuyGet Alert
12/05/2023Buy Now-14.46%BMO Capital
Rufus Hone
→ $11Initiates → Market PerformGet Alert
11/09/2023Buy Now-22.24%Wells Fargo
Andrew Bauch
$9 → $10MaintainsEqual-WeightGet Alert
11/09/2023Buy Now-6.69%Susquehanna
James Friedman
$11 → $12MaintainsPositiveGet Alert
11/09/2023Buy Now-6.69%Piper Sandler
Brent Bracelin
→ $12ReiteratesOverweight → OverweightGet Alert
11/07/2023Buy Now-14.46%Susquehanna
James Friedman
$15 → $11MaintainsPositiveGet Alert
10/31/2023Buy Now-30.02%Wells Fargo
Andrew Bauch
→ $9Initiates → Equal-WeightGet Alert
10/23/2023Buy Now-6.69%Piper Sandler
Brent Bracelin
$15 → $12MaintainsOverweightGet Alert
08/04/2023Buy Now-14.46%Morgan Stanley
James Faucette
$11 → $11ReiteratesEqual-Weight → Equal-WeightGet Alert
08/03/2023Buy Now16.64%Piper Sandler
Brent Bracelin
→ $15ReiteratesOverweight → OverweightGet Alert
07/31/2023Buy Now16.64%Piper Sandler
Brent Bracelin
$14 → $15MaintainsOverweightGet Alert
07/18/2023Buy Now16.64%Susquehanna
James Friedman
→ $15Initiates → PositiveGet Alert
06/12/2023Buy Now-14.46%Morgan Stanley
James Faucette
$9 → $11MaintainsEqual-WeightGet Alert
06/12/2023Buy Now16.64%Keybanc
Josh Beck
$12 → $15MaintainsOverweightGet Alert
06/06/2023Buy Now1.09%JP Morgan
Tien-Tsin Huang
$11 → $13MaintainsOverweightGet Alert
06/05/2023Buy Now1.09%Barclays
Ramsey El-Assal
$11 → $13MaintainsOverweightGet Alert
06/02/2023Buy Now16.64%Deutsche Bank
Bryan Keane
$13 → $15MaintainsBuyGet Alert
06/02/2023Buy Now-6.69%Goldman Sachs
Will Nance
$8.5 → $12MaintainsNeutralGet Alert
06/02/2023Buy Now-2.8%Credit Suisse
Timothy Chiodo
$11 → $12.5MaintainsOutperformGet Alert
06/02/2023Buy Now8.86%Piper Sandler
Brent Bracelin
$11 → $14MaintainsOverweightGet Alert
06/02/2023Buy Now-6.69%Keybanc
Josh Beck
$10 → $12MaintainsOverweightGet Alert
05/04/2023Buy Now-14.46%Credit Suisse
Timothy Chiodo
$10.5 → $11MaintainsOutperformGet Alert
05/04/2023Buy Now-6.69%Baird
David Koning
$14 → $12MaintainsOutperformGet Alert
05/04/2023Buy Now-14.46%Piper Sandler
Brent Bracelin
→ $11Reiterates → OverweightGet Alert
04/05/2023Buy Now-22.24%Keybanc
Josh Beck
$12 → $10MaintainsOverweightGet Alert
03/06/2023Buy Now-14.46%Barclays
Ramsey El-Assal
$13 → $11MaintainsOverweightGet Alert
03/02/2023Buy Now-18.35%Credit Suisse
Timothy Chiodo
$11 → $10.5MaintainsOutperformGet Alert
03/02/2023Buy Now-14.46%Piper Sandler
Brent Bracelin
→ $11Reiterates → OverweightGet Alert
01/19/2023Buy Now8.86%Baird
David Koning
$12 → $14MaintainsOutperformGet Alert
01/18/2023Buy Now-6.69%Keybanc
Josh Beck
$10 → $12MaintainsOverweightGet Alert
01/09/2023Buy Now-30.02%Goldman Sachs
Will Nance
$9.5 → $9MaintainsNeutralGet Alert
11/03/2022Buy Now-14.46%JP Morgan
Tien-Tsin Huang
$12 → $11MaintainsOverweightGet Alert
11/03/2022Buy Now-37.79%B of A Securities
Brad Sills
$10 → $8DowngradeNeutral → UnderperformGet Alert
10/20/2022Buy Now-14.46%Piper Sandler
Brent Bracelin
$12 → $11MaintainsOverweightGet Alert
08/08/2022Buy Now1.09%Barclays
Ramsey El-Assal
$12 → $13MaintainsOverweightGet Alert
08/04/2022Buy Now-14.46%Credit Suisse
Timothy Chiodo
$10.5 → $11MaintainsOutperformGet Alert
08/04/2022Buy Now-30.02%Goldman Sachs
Will Nance
$8 → $9MaintainsNeutralGet Alert
08/04/2022Buy Now-6.69%Piper Sandler
Brent Bracelin
$11 → $12MaintainsOverweightGet Alert
07/18/2022Buy Now-14.46%Piper Sandler
Brent Bracelin
$13 → $11MaintainsOverweightGet Alert
07/07/2022Buy Now-22.24%Keybanc
Josh Beck
$14 → $10MaintainsOverweightGet Alert
05/09/2022Buy Now1.09%Deutsche Bank
Bryan Keane
$16 → $13MaintainsBuyGet Alert
05/06/2022Buy Now1.09%Credit Suisse
Timothy Chiodo
$16 → $13MaintainsOutperformGet Alert
05/06/2022Buy Now8.86%Keybanc
Josh Beck
$15 → $14MaintainsOverweightGet Alert
04/28/2022Buy Now-30.02%Morgan Stanley
James Faucette
→ $9Initiates → Equal-WeightGet Alert
04/20/2022Buy Now24.42%Baird
David Koning
→ $16Initiates → OutperformGet Alert
04/08/2022Buy Now-22.24%Goldman Sachs
Will Nance
—DowngradeBuy → NeutralGet Alert
03/15/2022Buy Now-6.69%Barclays
Ramsey El-Assal
$31 → $12MaintainsOverweightGet Alert
03/14/2022Buy Now-6.69%Barclays
Ramsey El-Assal
$31 → $12MaintainsOverweightGet Alert
03/08/2022Buy Now24.42%Deutsche Bank
Bryan Keane
$30 → $16MaintainsBuyGet Alert
03/08/2022Buy Now24.42%Credit Suisse
Timothy Chiodo
$24 → $16MaintainsOutperformGet Alert
03/08/2022Buy Now1.09%Piper Sandler
Brent Bracelin
$25 → $13MaintainsOverweightGet Alert
01/27/2022Buy Now16.64%SMBC Nikko
Andrew Bauch
→ $15Initiates → OutperformGet Alert
01/25/2022Buy Now16.64%Keybanc
Josh Beck
$30 → $15MaintainsOverweightGet Alert
01/12/2022Buy Now94.4%Piper Sandler
Brent Bracelin
$28 → $25MaintainsOverweightGet Alert
12/13/2021Buy Now117.73%Goldman Sachs——MaintainsBuyGet Alert
11/08/2021Buy Now141.06%Wolfe Research
Darrin Peller
—Initiates → OutperformGet Alert
11/08/2021Buy Now211.04%Goldman Sachs
Will Nance
—Initiates → BuyGet Alert
11/08/2021Buy Now133.28%Deutsche Bank
Bryan Keane
—Initiates → BuyGet Alert
11/08/2021Buy Now125.51%Barclays
Ramsey El-Assal
—Initiates → OverweightGet Alert
11/08/2021Buy Now117.73%Credit Suisse
Timothy Chiodo
—Initiates → OutperformGet Alert
11/08/2021Buy Now117.73%JP Morgan
Tien-Tsin Huang
—Initiates → OverweightGet Alert
11/08/2021Buy Now133.28%Keybanc
Josh Beck
—Initiates → OverweightGet Alert
11/08/2021Buy Now117.73%Piper Sandler
Brent Bracelin
—Initiates → OverweightGet Alert

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 Barclays on May 13, 2024. The analyst firm set a price target for $14.00 expecting AVDX to rise to within 12 months (a possible 8.86% upside). 22 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 Barclays, and AvidXchange Holdings maintained their overweight rating.

Q

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

A

There is no last upgrade for AvidXchange Holdings

Q

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

A

The last downgrade for AvidXchange Holdings Inc happened on April 15, 2024 when Goldman Sachs changed their price target from $13 to $11.5 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 May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 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 $16.00 to $14.00. The current price AvidXchange Holdings (AVDX) is trading at is $12.86, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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