AvidXchange upgraded by Compass Point with a new price target
$AVDX
Computer Software: Prepackaged Software
Technology
Compass Point upgraded AvidXchange from Neutral to Buy and set a new price target of $15.00 from $8.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2024 | $8.00 → $15.00 | Neutral → Buy | Compass Point |
| 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 |
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
10-Q - AvidXchange Holdings, Inc. (0001858257) (Filer)
8-K - AvidXchange Holdings, Inc. (0001858257) (Filer)
RW - AvidXchange Holdings, Inc. (0001858257) (Filer)
CHARLOTTE, N.C., Nov. 13, 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: KBW Fintech Conference on Thursday, November 14, 2024, in New York, NY. The presentation is scheduled to begin at 8:00 AM ET. FT Partners Fintech Conference Wednesday, November 20, 2024, in New York, NY. The presentation is scheduled to begin at 10:40 AM ET. UBS Global Technology and AI Conference on Tuesday, December 3, 2024, in Scottsdale, AZ
Q3'24 financial results highlight significant year-over-year gross margin and operating margin expansion driven by strong revenue growth, unit cost efficiencies and operating expense leverage$25.1 million of the $100 million share repurchase program executed in the third quarter of 2024Sustaining a strong balance sheet with cash and marketable securities of $394.3 million while extinguishing pre-existing term debt and establishing a new larger credit facilityStrong Q3'24 financial results drive upward revision in 2024 revenue and adjusted EBITDA outlook CHARLOTTE, N.C., Nov. 06, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP)
Free resume workshops, headshots, on-site hiring opportunities, and one-on-one consultations with hiring experts will be available onsite to local job seekers. CHARLOTTE, N.C., Oct. 9, 2024 /PRNewswire/ -- Insight Global, a leading international professional services and staffing company, is bringing its immersive Be the Light career event back to Charlotte after impacting over 300 job seekers at its first event in 2023. The event, powered by Avidxchange, will take place on Friday, October 18, and will provide personalized, one-on-one career counseling. Charlotte residents who are interested in gaining confidence and access to resources like resume writing, interview skills, and professional
Barclays analyst Ramsey El-Assal maintains AvidXchange Holdings (NASDAQ:AVDX) with a Overweight and lowers the price target from $16 to $14.
Compass Point upgraded AvidXchange from Neutral to Buy and set a new price target of $15.00 from $8.00 previously
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
SC 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
Q3'24 financial results highlight significant year-over-year gross margin and operating margin expansion driven by strong revenue growth, unit cost efficiencies and operating expense leverage$25.1 million of the $100 million share repurchase program executed in the third quarter of 2024Sustaining a strong balance sheet with cash and marketable securities of $394.3 million while extinguishing pre-existing term debt and establishing a new larger credit facilityStrong Q3'24 financial results drive upward revision in 2024 revenue and adjusted EBITDA outlook CHARLOTTE, N.C., Nov. 06, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP)
CHARLOTTE, N.C., Oct. 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 third quarter 2024 ended September 30, 2024, financial results will be released on Wednesday, November 6, 2024. AvidXchange will host a conference call at 10:00 AM ET on November 6, 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. A
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