Date | Price Target | Rating | Analyst |
---|---|---|---|
9/4/2024 | $8.00 | Neutral | Compass Point |
8/20/2024 | $11.00 → $9.00 | Overweight → Neutral | JP Morgan |
8/1/2024 | $15.00 → $10.00 | Buy → Neutral | UBS |
4/15/2024 | $13.00 → $11.50 | Neutral → Sell | Goldman |
4/9/2024 | $13.50 | Mkt Perform | Keefe Bruyette |
1/2/2024 | $12.00 → $13.00 | Overweight → Neutral | Piper Sandler |
12/6/2023 | $14.00 | Buy | BTIG Research |
12/5/2023 | $11.00 | Market Perform | BMO Capital Markets |
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)
CHARLOTTE, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that John Feldman has been elevated to the role of Chief Operating Officer of AvidXchange, Inc. Feldman will continue to oversee the transformation of the company's service and fulfillment operations around standardization, sourcing and automation. Additionally, Doug Anderson has joined AvidXchange, Inc. as Chief Product Officer to lead the company's product strategy and innovation. Feldman joined AvidXchange in 2019 as Senior Vice President of Operations. Prior to joining the
Barclays analyst Ramsey El-Assal maintains AvidXchange Holdings (NASDAQ:AVDX) with a Overweight and lowers the price target from $16 to $14.
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
Q2'24 financial results mark a milestone in achieving GAAP net income profitability on disciplined execution around year-over-year revenue growth, unit cost efficiencies and operating expense leverage Sustaining a strong balance sheet with cash and marketable securities of $465.0 million to re-invest in the core business organically and inorganically Updated 2024 business outlook reflects strong execution amid macro choppiness CHARLOTTE, N.C., July 31, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial res
CHARLOTTE, N.C., July 08, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that its second quarter 2024 ended June 30, 2024, financial results will be released on Wednesday, July 31, 2024. AvidXchange will host a conference call at 10:00 AM ET on July 31, 2024, to discuss the company's financial results. The call will be broadcast live via webcast at https://ir.avidxchange.com/. Following the completion of the call, a recorded replay of the call will be available on the AvidXchange Investor Relations website. About AvidX
Strong across-the-board year-over-year Q1'24 financial performance driven by yield expansion, transaction growth, unit cost reduction and operating expense disciplineQ1'24 operating income loss of $(4.1) million more than halved versus a loss of $(17.1) million in the comparable year-ago periodQ1'24 adjusted EBITDA up sharply to $17.7 million vs. $0.4 million in the comparable year-ago periodSustaining a strong balance sheet with cash and marketable securities of $443.6 million to re-invest in the core business organically and inorganicallyUpdated 2024 business outlook reflects sustained strong execution amid macro volatility CHARLOTTE, N.C., May 08, 2024 (GLOBE NEWSWIRE) -- AvidXchange H
Compass Point initiated coverage of AvidXchange with a rating of Neutral and set a new price target of $8.00
JP Morgan downgraded AvidXchange from Overweight to Neutral and set a new price target of $9.00 from $11.00 previously
UBS downgraded AvidXchange from Buy to Neutral and set a new price target of $10.00 from $15.00 previously
RW - AvidXchange Holdings, Inc. (0001858257) (Filer)
8-K - AvidXchange Holdings, Inc. (0001858257) (Filer)
8-K - AvidXchange Holdings, Inc. (0001858257) (Filer)
CHARLOTTE, N.C., Sept. 17, 2024 (GLOBE NEWSWIRE) -- AvidXchange, Inc., a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the results of their 2025 Trends Survey, highlighting the top priorities and concerns of finance leaders looking ahead to the new year. After polling 500 middle market finance leaders in August 2024, key findings revealed continued focus on security, increasing use of cloud-based solutions, and desire to realize return on investment from AI initiatives. AI and ROIAccording to the survey, 76% of finance departments recognize the value of using AI within their finance dep
CHARLOTTE, N.C., Aug. 27, 2024 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced a strategic and exclusive partnership with Workamajig, a leading agency management software for the creative industry. AvidXchange will be the exclusive, embedded provider of invoice automation solutions within the Workamajig software platform. Workamajig enables creative and media agencies to collaborate and manage project workflows from first inquiry to final invoice. This partnership will enable Workamajig's 3,500 customers to automate their full AP processes with AvidXchan
CHARLOTTE, N.C., Aug. 23, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that members of the management team will participate in the following investor conferences: Deutsche Bank 2024 Technology Conference on Wednesday, August 28, 2024, in Dana Point, CA.Piper Sandler Growth Frontiers Conference on Tuesday, September 10, 2024, in Nashville, TN. The presentation is scheduled to begin at 5:00 PM ET.Goldman Sachs Communacopia + Technology Conference on Thursday, September 12, 2024, in San Francisco, CA. The presentation is