AvidXchange Holdings, Inc. (AVDX)
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]
Financial Performance
Financial StatementsAnalyst 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.
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...

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) (“...

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.

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...

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...

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...

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.

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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.

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...

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...

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...

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...

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, ...

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...