IPO Year: 2021
Exchange: NASDAQ
| 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 |
| 4/9/2024 | $13.50 | Mkt Perform | Keefe Bruyette |
| 1/2/2024 | $12.00 → $13.00 | Overweight → Neutral | Piper Sandler |
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)
10-K - AvidXchange Holdings, Inc. (0001858257) (Filer)
8-K - AvidXchange Holdings, Inc. (0001858257) (Filer)
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)
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
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
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
CHARLOTTE, N.C., April 02, 2025 (GLOBE NEWSWIRE) -- AvidXchange Inc. (NASDAQ:AVDX), a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for mid-market businesses and their suppliers, today announced the launch of several new AI agents and enhancements within its invoice automation solution. These advancements reinforce AvidXchange's ongoing commitment to delivering solutions that improve efficiency, visibility, and control for finance professionals. As part of AvidXchange's 2025 trends report, which surveyed 500 mid-market finance leaders, it was reported that 76% of finance departments recognize the value of
CHARLOTTE, N.C., March 06, 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 members of the management team will participate in the Wolfe FinTech Forum 2025 in New York, NY on Wednesday, March 12, 2025 at 8:10 AM ET. A live webcast of the presentation will be available on the Events page of the AvidXchange investor relations website at https://ir.avidxchange.com/. A replay of the webcast will also be available for a limited time. About AvidXchange™ AvidXchange is a leading provider of accounts payable ("AP") automat
Healthy revenue growth coupled with gross and operating margin improvement drives strong year over year fourth quarter and full year 2024 financial results2024 GAAP earnings per share swings positive with net cash provided by operating activities up more than eight-fold to $71.9 millionDisciplined capital allocation highlighted by paydown of high-interest bank-debt and repurchase of $50 million out of the $100 million authorized in 2024Sustained strong balance sheet with cash and marketable securities of $389.3 million with $9.1 million of long-term debt at year end 20242025 business outlook reflects continued progress on margin expansion on a choppy macro backdrop CHARLOTTE, N.C., Feb.
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. 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
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
Healthy revenue growth coupled with gross and operating margin improvement drives strong year over year fourth quarter and full year 2024 financial results2024 GAAP earnings per share swings positive with net cash provided by operating activities up more than eight-fold to $71.9 millionDisciplined capital allocation highlighted by paydown of high-interest bank-debt and repurchase of $50 million out of the $100 million authorized in 2024Sustained strong balance sheet with cash and marketable securities of $389.3 million with $9.1 million of long-term debt at year end 20242025 business outlook reflects continued progress on margin expansion on a choppy macro backdrop CHARLOTTE, N.C., Feb.
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.
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)