AvidXchange Holdings, Inc. (AVDX)

NASDAQ: AVDX · Real-Time Price · USD
9.72
-0.02 (-0.21%)
At close: May 8, 2025, 4:00 PM
9.71
-0.01 (-0.10%)
After-hours: May 8, 2025, 4:01 PM EDT
-0.21%
Market Cap 2.00B
Revenue (ttm) 441.28M
Net Income (ttm) 1.84M
Shares Out 206.24M
EPS (ttm) 0.01
PE Ratio 1,087.70
Forward PE 35.67
Dividend n/a
Ex-Dividend Date n/a
Volume 14,854,270
Open 9.72
Previous Close 9.74
Day's Range 9.71 - 9.73
52-Week Range 6.61 - 12.93
Beta 1.14
Analysts Hold
Price Target 10.04 (+3.29%)
Earnings Date May 7, 2025

About AVDX

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in the United States. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment... [Read more]

Sector Technology
IPO Date Oct 13, 2021
Employees 1,600
Stock Exchange NASDAQ
Ticker Symbol AVDX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for AVDX stock is "Hold." The 12-month stock price forecast is $10.04, which is an increase of 3.29% from the latest price.

Price Target
$10.04
(3.29% upside)
Analyst Consensus: Hold
Stock Forecasts

News

AVIDXCHANGE HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AvidXchange Holdings, Inc. - AVDX

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of AvidX...

Other symbols: TPG
3 hours ago - Business Wire

AVDX STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of AvidXchange Holdings, Inc. (NASDAQ: AVDX) Proposed Stockholder Buyout and Encourages Investors to Contact the Firm

PHILADELPHIA, May 07, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of AvidXchange Holdings, Inc. (NASDAQ: AVDX) (“...

1 day ago - GlobeNewsWire

Top 3 Financial Stocks That May Plunge In May

As of May 7, 2025, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: FLYWHNVR
1 day ago - Benzinga

Johnson Fistel Investigates Fairness of Proposed Sale of AvidXchange Holdings to TPG Inc.

SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of AvidXchange Holdings, Inc. (NASDAQ: AVDX) b...

Other symbols: TPG
1 day ago - GlobeNewsWire

AvidXchange Announces First-Quarter 2025 Financial Results

CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market bus...

1 day ago - GlobeNewsWire

Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal

Corporate payments firm Corpay and global asset management firm TPG have entered into a deal to acquire accounts payable (AP) automation software provider AvidXchange. Financial Technology Partners an...

Other symbols: CPAYTPG
2 days ago - PYMNTS

TPG, Corpay to buy AvidXchange for $2.2 billion

Global alternative asset manager TPG will partner Corpay to buy payments solution firm AvidXchange for $2.2 billion in an all-cash deal, the companies said on Tuesday.

Other symbols: CPAYTPG
2 days ago - Reuters

Corpay Invests Alongside TPG to Acquire AvidXchange

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a leading corporate payments company, today announced that it has signed a definitive agreement to make a minority investment in AvidXchange Holdin...

Other symbols: CPAY
2 days ago - Business Wire

AvidXchange Agrees to be Acquired by TPG in Partnership with Corpay for $2.2 Billion

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 paymen...

2 days ago - GlobeNewsWire

AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes

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 spec...

5 weeks ago - GlobeNewsWire

AvidXchange to Participate in Wolfe FinTech Forum 2025

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 b...

2 months ago - GlobeNewsWire

AvidXchange Holdings, Inc. (AVDX) Q4 2024 Earnings Call Transcript

AvidXchange Holdings, Inc. (NASDAQ:AVDX) Q4 2024 Results Conference Call February 26, 2025 10:00 AM ET Company Participants Mike Praeger - Co-Founder & Chief Executive Officer Joel Wilhite - Chief Fi...

2 months ago - Seeking Alpha

AvidXchange Announces Fourth Quarter & Full Year 2024 Financial Results

CHARLOTTE, N.C., Feb. 26, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market bu...

2 months ago - GlobeNewsWire

AvidXchange Announces Timing of Its Fourth Quarter 2024 Financial Results Conference Call and Webcast

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 bu...

3 months ago - GlobeNewsWire

AvidXchange to Participate in Upcoming Investor Conferences

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 bu...

6 months ago - GlobeNewsWire

AvidXchange Holdings, Inc. (AVDX) Q3 2024 Earnings Call Transcript

AvidXchange Holdings, Inc. (NASDAQ:AVDX) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Mike Praeger - Co-Founder & Chief Executive Officer Joel Wilhite - Chief Fi...

6 months ago - Seeking Alpha

AvidXchange Announces Third Quarter 2024 Financial Results

CHARLOTTE, N.C., Nov. 06, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market bu...

6 months ago - GlobeNewsWire

AvidXchange Announces Winners of the Inaugural Change Maker Awards

AvidXchange announces winners of the inaugural Change Maker Awards. The 2024 honorees feature six innovative accounts payable professionals driving change.

7 months ago - GlobeNewsWire

Automation Drives Higher Career Satisfaction for Accounts Payable Professionals, New Survey Reveals

Survey: AP automation boosts career satisfaction, growth, and work/life balance, according to AvidXchange and IOFM's findings from 500+ AP professionals.

7 months ago - GlobeNewsWire

AvidXchange Announces Timing of Its Third Quarter 2024 Financial Results Conference Call and Webcast

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 bu...

7 months ago - GlobeNewsWire

AvidXchange 2025 Trends Survey Reveals Finance Leaders' Top Priorities

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 supp...

8 months ago - GlobeNewsWire

AVDX Investigation: Kessler Topaz Meltzer & Check, LLP Encourages AvidXchange Holdings, Inc. (NASDAQ: AVDX) Investors with Significant Losses to Contact the Firm

RADNOR, Pa., Aug. 29, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behal...

9 months ago - GlobeNewsWire

AVDX NOTICE: Kessler Topaz Meltzer & Check, LLP Encourages AvidXchange Holdings, Inc. (NASDAQ: AVDX) Investors with Significant Losses to Contact the Firm

RADNOR, PA / ACCESSWIRE / August 28, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf o...

9 months ago - Accesswire

AvidXchange and Workamajig Announce Exclusive Strategic Partnership to Empower Media Companies to Manage Invoices Seamlessly

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, ...

9 months ago - GlobeNewsWire

Kessler Topaz Meltzer & Check, LLP Encourages AvidXchange Holdings, Inc. (NASDAQ: AVDX) Investors with Significant Losses to Contact the Firm

RADNOR, PA / ACCESSWIRE / August 27, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf o...

9 months ago - Accesswire