AvidXchange Holdings, Inc. (AVDX)
NASDAQ: AVDX · Real-Time Price · USD
10.56
-0.07 (-0.66%)
Dec 20, 2024, 4:00 PM EST - Market closed
AvidXchange Holdings Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for AVDX stock have an average target of 11.7, with a low estimate of 8.00 and a high estimate of 15. The average target predicts an increase of 10.80% from the current stock price of 10.56.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for AVDX stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 2 | 1 |
| Buy | 5 | 4 | 4 | 4 | 4 | 5 |
| Hold | 6 | 7 | 8 | 8 | 7 | 7 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 14 | 13 | 14 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $10 → $12 | Hold | Maintains | $10 → $12 | +13.64% | Dec 9, 2024 |
| Keybanc | Keybanc | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +23.11% | Dec 5, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $9 → $10 | Strong Sell | Maintains | $9 → $10 | -5.30% | Dec 2, 2024 |
| Barclays | Barclays | Buy Maintains $11 → $13 | Buy | Maintains | $11 → $13 | +23.11% | Nov 18, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | +4.17% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
447.53M
from 380.72M
Increased by 17.55%
Revenue Next Year
494.85M
from 447.53M
Increased by 10.57%
EPS This Year
0.25
from -0.23
EPS Next Year
0.34
from 0.25
Increased by 36.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 470.4M | 545.0M | 654.2M | ||
| Avg | 447.5M | 494.9M | 562.6M | ||
| Low | 428.3M | 456.1M | 518.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.6% | 21.8% | 32.2% | ||
| Avg | 17.5% | 10.6% | 13.7% | ||
| Low | 12.5% | 1.9% | 4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 0.30 | 0.47 | 0.60 | |||
| Avg | 0.25 | 0.34 | 0.43 | |||
| Low | 0.20 | 0.30 | 0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 88.8% | 74.6% | |||
| Avg | - | 36.9% | 26.9% | |||
| Low | - | 21.4% | -51.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.