AvidXchange Holdings, Inc. (AVDX)

AvidXchange Holdings Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for AVDX stock have an average target of 11.57, with a low estimate of 8.00 and a high estimate of 15. The average target predicts an increase of 8.03% from the current stock price of 10.71.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$8.00	$11.57	$11	$15
Change	-25.30%	+8.03%	+2.71%	+40.06%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	1	1	1	2
Buy	5	5	4	4	4	4
Hold	6	6	7	8	8	7
Sell	0	0	0	0	1	1
Strong Sell	1	1	1	1	1	1
Total	14	14	13	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ramsey El-Assal Barclays	Barclays	Buy Maintains $11 → $13	Buy	Maintains	$11 → $13	+21.38%	Nov 18, 2024
Rufus Hone BMO Capital	BMO Capital	Hold Maintains $10 → $11	Hold	Maintains	$10 → $11	+2.71%	Nov 8, 2024
Will Nance Goldman Sachs	Goldman Sachs	Strong Sell Maintains $7 → $9	Strong Sell	Maintains	$7 → $9	-15.97%	Nov 7, 2024
Timothy Chiodo UBS	UBS	Hold Maintains $10 → $11	Hold	Maintains	$10 → $11	-1.96%	Nov 7, 2024
Andrew Bauch Wells Fargo	Wells Fargo	Hold Maintains $9 → $10	Hold	Maintains	$9 → $10	-6.63%	Nov 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

447.53M

Increased by 17.55%

from 380.72M

Revenue Next Year

494.85M

Increased by 10.57%

from 447.53M

EPS This Year

0.25

from -0.23

EPS Next Year

0.34

Increased by 36.91%

from 0.25

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	149.58M	185.93M	248.41M	316.35M	380.72M	447.53M	494.85M	562.55M
Revenue Growth	-	24.30%	33.60%	27.35%	20.35%	17.55%	10.57%	13.68%
EPS	-2.54	-3.34	-2.64	-0.51	-0.23	0.25	0.34	0.43
EPS Growth	-	-	-	-	-	-	36.91%	26.91%
Forward PE	-	-	-	-	-	42.78	31.25	24.62
No. Analysts	-	-	-	-	-	17	17	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

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
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
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.