IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 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/A - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)
SC 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)
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)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)
CHARLOTTE, N.C., Jan. 17, 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 fourth quarter 2024 ended December 31, 2024, financial results will be released on Wednesday, February 26, 2025. AvidXchange will host a conference call at 10:00 AM ET on February 26, 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.
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
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
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
CHARLOTTE, N.C., Aug. 22, 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 board has approved a share repurchase program effective immediately with authorization to purchase up to $100 million of the Company's common shares. Repurchases under the program may be made in the open market, in privately negotiated transactions or otherwise, including pursuant to a Rule 10b5-1 plan. The timing, price and volume of the repurchases will be executed based on various market and legal factors, and subject to a $50 million ca
CHARLOTTE, N.C., Aug. 02, 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: KeyBanc Technology Leadership Forum on Monday, August 5, 2024. The presentation is scheduled to begin at 9:00 AM MT. SIG Get Carded: A Payments & Internet Finance Conference on Tuesday, August 13, 2024.Seaport Financials and Fintech Conference on Thursday, August 15, 2024. A live webcast of the presentation at the KeyBanc Technology Leadership Forum will be
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
SCHEDULE 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)
SCHEDULE 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)
144 - AvidXchange Holdings, Inc. (0001858257) (Subject)
10-Q - AvidXchange Holdings, Inc. (0001858257) (Filer)
8-K - AvidXchange Holdings, Inc. (0001858257) (Filer)
RW - AvidXchange Holdings, Inc. (0001858257) (Filer)
8-K - AvidXchange Holdings, Inc. (0001858257) (Filer)
8-K - AvidXchange Holdings, Inc. (0001858257) (Filer)
S-8 - AvidXchange Holdings, Inc. (0001858257) (Filer)
S-8 - AvidXchange Holdings, Inc. (0001858257) (Filer)
BTIG Research resumed coverage of AvidXchange with a rating of Buy and set a new price target of $14.00
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
UBS downgraded AvidXchange from Buy to Neutral and set a new price target of $10.00 from $15.00 previously
Goldman downgraded AvidXchange from Neutral to Sell and set a new price target of $11.50 from $13.00 previously
Keefe Bruyette initiated coverage of AvidXchange with a rating of Mkt Perform and set a new price target of $13.50
Piper Sandler downgraded AvidXchange from Overweight to Neutral and set a new price target of $13.00 from $12.00 previously
BTIG Research initiated coverage of AvidXchange with a rating of Buy and set a new price target of $14.00
BMO Capital Markets initiated coverage of AvidXchange with a rating of Market Perform and set a new price target of $11.00
CHARLOTTE, N.C., Jan. 17, 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 fourth quarter 2024 ended December 31, 2024, financial results will be released on Wednesday, February 26, 2025. AvidXchange will host a conference call at 10:00 AM ET on February 26, 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.
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
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
CHARLOTTE, N.C., April 09, 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 first quarter 2024 ended March 31, 2024, financial results will be released on Wednesday, May 8, 2024. AvidXchange will host a conference call at 10:00 AM ET on May 8, 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 AvidXcha
CHARLOTTE, N.C., Jan. 09, 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 fourth quarter 2023 ended December 31, 2023, financial results will be released on Wednesday, February 28, 2024. AvidXchange will host a conference call at 10:00 AM ET on February 28, 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.
--Strong Q3'23 year over year (Y-O-Y) revenue growth, yield and unit cost-driven gross margin expansion and operating leverage fuel strong financial performance --Q3'23 Y-O-Y net income loss of $(8.1) million sharply lower vs. loss of $(25.4) million while non-GAAP net income loss swings positively to a profit of $5.8 million from a loss of $(11.7) million --Q3'23 adjusted EBITDA swings positively and sharply to $11.4 million from a loss of $(3.7) million --Raising full year 2023 business outlook CHARLOTTE, N.C., Nov. 08, 2023 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle ma
CHARLOTTE, N.C., Oct. 10, 2023 (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 2023 ended September 30, 2023, financial results will be released on Wednesday, November 8, 2023. AvidXchange will host a conference call at 10:00 AM ET on November 8, 2023, 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