AVDX Stock Overview Provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. More details
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AvidXchange Holdings, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for AvidXchange Holdings Historical stock prices Current Share Price US$10.56 52 Week High US$13.56 52 Week Low US$7.38 Beta 1.2 1 Month Change -5.46% 3 Month Change 28.00% 1 Year Change -14.29% 3 Year Change -33.58% 5 Year Change n/a Change since IPO -57.66%
Recent News & Updates
Independent Director notifies of intention to sell stock Dec 10
Co-Founder recently sold US$483k worth of stock Dec 06
Chief Information Officer & Senior VP notifies of intention to sell stock Dec 01
Co-Founder exercised options and sold US$397k worth of stock Nov 21
Price target increased by 9.3% to US$11.34 Nov 07
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Nov 07 See more updates
Independent Director notifies of intention to sell stock Dec 10
Co-Founder recently sold US$483k worth of stock Dec 06
Chief Information Officer & Senior VP notifies of intention to sell stock Dec 01
Co-Founder exercised options and sold US$397k worth of stock Nov 21
Price target increased by 9.3% to US$11.34 Nov 07
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Nov 07
AvidXchange Holdings, Inc. Revises Earnings Guidance for the Year 2024 Nov 07
AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce Nov 07
AvidXchange Holdings, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Oct 09
Co-Founder notifies of intention to sell stock Aug 30
Senior VP & CFO recently sold US$383k worth of stock Aug 29
Senior VP & CFO notifies of intention to sell stock Aug 25 AvidXchange Holdings, Inc. (NasdaqGS:AVDX) announces an Equity Buyback for $100 million worth of its shares. Aug 23
Price target decreased by 15% to US$11.73 Aug 01
Forecast breakeven date moved forward to 2024 Aug 01
What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 26% Share Price Crash Aug 01
Second quarter 2024 earnings released: EPS: US$0.002 (vs US$0.093 loss in 2Q 2023) Aug 01 Avidxchange Holdings, Inc. Provides Earnings Guidance for the Full Year 2024 Jul 31
AvidXchange Holdings, Inc. to Report Q2, 2024 Results on Jul 31, 2024 Jul 09
AvidXchange Holdings, Inc.(NasdaqGS:AVDX) dropped from Russell 3000E Value Index Jul 03
Co-Founder notifies of intention to sell stock Jun 13
AvidXchange Holdings: Positive Outlook May 31
Chief People Officer & Senior VP recently sold US$313k worth of stock May 29
Co-Founder exercised options and sold US$412k worth of stock May 20 AvidXchange Holdings, Inc. Reports Impairment and Write-Off of Intangible Assets for the First Quarter Ended March 31, 2024
First quarter 2024 earnings released: US$0.005 loss per share (vs US$0.08 loss in 1Q 2023) May 08
Consensus EPS estimates upgraded to US$0.034 loss May 01
AvidXchange Holdings, Inc., Annual General Meeting, Jun 20, 2024 May 01
New minor risk - Shareholder dilution Apr 30
AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors Apr 27
Consensus EPS estimates fall by 12% Apr 19
AvidXchange Holdings, Inc. to Report Q1, 2024 Results on May 08, 2024 Apr 10
AvidXchange Holdings, Inc. Announces Board Additions Mar 26
Senior VP & CFO notifies of intention to sell stock Mar 18
Co-Founder recently sold US$1.3m worth of stock Mar 15
Co-Founder exercised options and sold US$724k worth of stock Mar 08
AvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key Catalyst Mar 04
Price target increased by 10% to US$14.21 Feb 29
Avidxchange Holdings, Inc. Provides Earnings Guidance for the Year 2024 Feb 29
Consensus estimates of losses per share improve by 12% Feb 28
AvidXchange Holdings, Inc. to Report Q4, 2023 Results on Feb 28, 2024 Jan 10
Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Jan 08
Senior VP notifies of intention to sell stock Dec 17
Co-Founder recently sold US$291k worth of stock Nov 24
Co-Founder notifies of intention to sell stock Nov 21
Consensus estimates of losses per share improve by 17% Nov 16
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Nov 10
AvidXchange Holdings, Inc. Revises Earnings Guidance for the Full Year 2023 Nov 09
Price target decreased by 7.2% to US$12.65 Nov 02
No longer forecast to breakeven Oct 29
AvidXchange Holdings, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Oct 11
Co-Founder notifies of intention to sell stock Aug 20
New minor risk - Shareholder dilution Aug 04 AvidXchange Holdings, Inc. Announces Executive Appointments
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Aug 03
Price target increased by 9.5% to US$13.29 Jul 21
Forecast to breakeven in 2025 Jul 18
AvidXchange Holdings, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Jul 18
President recently sold US$229k worth of stock Jul 17
President notifies of intention to sell stock Jun 19
Senior VP & CFO notifies of intention to sell stock Jun 05
Avidxchange Holdings, Inc. Automates Lien Waiver Management, Improves Payment Process in Leading Purchase-To-Pay Solution Timberscan Jun 03
Price target increased by 13% to US$11.77 Jun 03
Avidxchange Holdings, Inc. Automates Lien Waiver Management, Improves Payment Process in Leading Purchase-To-Pay Solution Timberscan Jun 02
Co-Founder exercised options and sold US$219k worth of stock May 21
Consensus estimates of losses per share improve by 14% May 10
Avidxchange Holdings, Inc. Updates Earnings Guidance for the Full Year 2023 May 04
First quarter 2023 earnings: EPS and revenues exceed analyst expectations May 03
Co-Founder exercised options to buy US$224k worth of stock. Mar 23
Now 24% undervalued after recent price drop Mar 10
Senior VP & CFO exercised options and sold US$239k worth of stock Mar 10
Consensus EPS estimates upgraded to US$0.34 loss, revenue downgraded Mar 08
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Mar 02
AvidXchange Announces AvidAnalytics, A Premium Business Intelligence Solution Feb 08
AvidXchange Holdings, Inc. Announces Management Appointments Feb 01
AvidXchange Holdings, Inc. to Report Q4, 2022 Results on Mar 01, 2023 Jan 12
High number of new directors Jan 01
AvidXchange Holdings, Inc. Announces Board Changes Dec 20
AvidXchange Expands Global Capabilities with Launch of Cross-Border Payments Nov 30
Co-Founder exercised options and sold US$93k worth of stock Nov 19
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Nov 03
AvidXchange Holdings, Inc. Revises Earnings Guidance for the Full Year 2022 Nov 03
AvidXchange Holdings, Inc. to Report Q3, 2022 Results on Nov 02, 2022 Oct 15
Chief People Officer & Senior VP exercised options to buy US$223k worth of stock. Aug 27
AvidXchange Launches Invoice-to-Pay Integration Built for Multi-Industry Provider, Blackbaud Financial Edge NXT® Aug 16
AvidXchange Holdings, Inc. Offers A Complete Purchase to Pay Solution Purpose-Built for the Construction Industry Aug 09
Growth Investors: Industry Analysts Just Upgraded Their AvidXchange Holdings, Inc. (NASDAQ:AVDX) Revenue Forecasts By 10% Aug 08
AvidXchange Holdings, Inc. (NASDAQ:AVDX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates Aug 06
Second quarter 2022 earnings: Revenues exceed analyst expectations Aug 04
AvidXchange Holdings, Inc. Revises Earnings Guidance for the Full Year 2022 Aug 04
AvidXchange Holdings, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Jul 19 Shareholder Returns AVDX US Diversified Financial US Market 7D -5.3% -0.6% -2.4% 1Y -14.3% 25.5% 23.4%
See full shareholder returns
Return vs Market: AVDX underperformed the US Market which returned 23.4% over the past year.
Price Volatility Is AVDX's price volatile compared to industry and market? AVDX volatility AVDX Average Weekly Movement 5.6% Diversified Financial Industry Average Movement 5.0% Market Average Movement 6.3% 10% most volatile stocks in US Market 16.8% 10% least volatile stocks in US Market 3.1%
Stable Share Price: AVDX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: AVDX's weekly volatility (6%) has been stable over the past year.
About the Company 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.
Show more AvidXchange Holdings, Inc. Fundamentals Summary How do AvidXchange Holdings's earnings and revenue compare to its market cap? AVDX fundamental statistics Market cap US$2.17b Earnings (TTM ) -US$999.00k Revenue (TTM ) US$427.57m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) AVDX income statement (TTM ) Revenue US$427.57m Cost of Revenue US$122.03m Gross Profit US$305.53m Other Expenses US$306.53m Earnings -US$999.00k
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.0049 Gross Margin 71.46% Net Profit Margin -0.23% Debt/Equity Ratio 2.1%
How did AVDX perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/22 08:00 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources AvidXchange Holdings, Inc. is covered by 20 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution David Koning Baird Ramsey El-Assal Barclays Rufus Hone BMO Capital Markets Equity Research
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