Keefe Bruyette initiated coverage on AvidXchange with a new price target
$AVDX
Computer Software: Prepackaged Software
Technology
Keefe Bruyette initiated coverage of AvidXchange with a rating of Mkt Perform and set a new price target of $13.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/4/2025 | $13.00 → $8.00 | Overweight → Equal Weight | Barclays |
| 2/27/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 12/11/2024 | $14.00 | Buy | BTIG Research |
| 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 |
Barclays downgraded AvidXchange from Overweight to Equal Weight and set a new price target of $8.00 from $13.00 previously
KeyBanc Capital Markets downgraded AvidXchange from Overweight to Sector Weight
BTIG Research resumed coverage of AvidXchange with a rating of Buy and set a new price target of $14.00
CHARLOTTE, N.C., Nov. 06, 2025 (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 key findings from its new 2026 Trends Survey of middle market finance professionals. The data reveals that ongoing economic pressures are accelerating investment in AI and automation as finance teams look to boost efficiency, resilience, and scalability. Economic Uncertainty & The Pressure to Perform The outlook for 2026 remains constrained, with 86% of respondents—from CFOs to AP managers—expressing concern about the current state of the economy. 64% are "very concern
Seasoned technology leader joins as Butter looks to scale its machine learning-driven payments recovery platform Butter Payments, the most intelligent machine learning-powered payments recovery platform, today announced that it has strengthened its senior leadership team with the appointment of Sonali Sambhus as Chief Technology Officer (CTO). The appointment follows the recent additions of Sofya Pogreb as Chief Executive Officer and Charles Rosenblatt as Chief Commercial Officer. These leadership hires underscore Butter's ongoing momentum and investment in scaling technology, operations, and executive capabilities to meet growing demand across the subscription economy. Sonali Sambhus, C
CHARLOTTE, N.C., Oct. 15, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. ("AvidXchange" or the "Company") (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions, today announced that TPG and Corpay have completed their previously announced acquisition of the Company for $10.00 per share. The acquisition established AvidXchange as a private company valued at approximately $2.2 billion. "We are truly excited to chart the next chapter in AvidXchange's growth trajectory with the support of TPG and Corpay. As a private company, we look forward to building upon our 25+ years of industry leadership by accelerating innovation, delivering new and
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
15-12G - AvidXchange Holdings, Inc. (0001858257) (Filer)
S-8 POS - AvidXchange Holdings, Inc. (0001858257) (Filer)
S-8 POS - AvidXchange Holdings, Inc. (0001858257) (Filer)
Q1'25 revenue growth of 2.2% impacted by a combination of lower transaction volume due to macro weakness and higher comparable float and political contributions in Q1'24Q1'25 versus Q1'24 GAAP gross margin expansion continues on lower unit cost and despite lower year over year transaction volume growthQ1'25 versus Q1'24 net cash provided by operating activities swings to $7.4 million from a use of ($6.4) million in the year ago periodThe Company sustains strong balance sheet with cash and marketable securities of $389.3 million CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automatio
CHARLOTTE, N.C., May 06, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX) ("AvidXchange" or the "Company"), a leading provider of accounts payable (AP) automation software and payment solutions, today announced that it has entered into a definitive agreement to be acquired by TPG (NASDAQ:TPG), a global alternative asset management firm, in partnership with Corpay, a global leader in corporate payments. TPG and Corpay will acquire AvidXchange for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion. TPG will acquire a majority interest in AvidXchange through TPG Capital, the firm's U.S. and European private equity platform. Corpay will acquire a mi
CHARLOTTE, N.C., April 08, 2025 (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 first quarter 2025 ended March 31, 2025, financial results will be released on Wednesday, May 7, 2025. AvidXchange plans to host a conference call at 10:00 AM ET on May 7, 2025, 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 Avid
SC 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
Seasoned technology leader joins as Butter looks to scale its machine learning-driven payments recovery platform Butter Payments, the most intelligent machine learning-powered payments recovery platform, today announced that it has strengthened its senior leadership team with the appointment of Sonali Sambhus as Chief Technology Officer (CTO). The appointment follows the recent additions of Sofya Pogreb as Chief Executive Officer and Charles Rosenblatt as Chief Commercial Officer. These leadership hires underscore Butter's ongoing momentum and investment in scaling technology, operations, and executive capabilities to meet growing demand across the subscription economy. Sonali Sambhus, C
CHARLOTTE, N.C., Oct. 15, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. ("AvidXchange" or the "Company") (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions, today announced that TPG and Corpay have completed their previously announced acquisition of the Company for $10.00 per share. The acquisition established AvidXchange as a private company valued at approximately $2.2 billion. "We are truly excited to chart the next chapter in AvidXchange's growth trajectory with the support of TPG and Corpay. As a private company, we look forward to building upon our 25+ years of industry leadership by accelerating innovation, delivering new and
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