AvidXchange Holdings, Inc. (AVDX)
NASDAQ: AVDX · IEX Real-Time Price · USD
13.13
+0.31 (2.42%)
At close: Mar 27, 2024, 4:00 PM
13.10
-0.03 (-0.23%)
After-hours: Mar 27, 2024, 7:47 PM EDT
AvidXchange Holdings Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for AVDX stock have an average target of 13.42, with a low estimate of 10 and a high estimate of 16. The average target predicts an increase of 2.21% from the current stock price of 13.13.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AVDX stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
Buy | 7 | 7 | 7 | 6 | 6 | 6 |
Hold | 3 | 3 | 4 | 5 | 5 | 5 |
Sell | 1 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 11 | 13 | 13 | 13 | 13 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JP Morgan | JP Morgan | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +14.24% | Feb 29, 2024 |
Goldman Sachs | Goldman Sachs | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | -0.99% | Feb 29, 2024 |
Susquehanna | Susquehanna | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | +21.86% | Feb 29, 2024 |
Piper Sandler | Piper Sandler | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +6.63% | Feb 29, 2024 |
BMO Capital | BMO Capital | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | -0.99% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
455.46M
from 380.72M
Increased by 19.63%
Revenue Next Year
529.97M
from 455.46M
Increased by 16.36%
EPS This Year
0.19
from -0.23
EPS Next Year
0.36
from 0.19
Increased by 94.28%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 480.9M | 558.6M | 665.8M | 833.7M |
Avg | 455.5M | 530.0M | 624.3M | 809.8M |
Low | 434.2M | 495.3M | 567.0M | 778.1M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 26.3% | 22.6% | 25.6% | 33.5% |
Avg | 19.6% | 16.4% | 17.8% | 29.7% |
Low | 14.1% | 8.7% | 7.0% | 24.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 0.34 | 0.55 | 0.75 | 1.04 |
Avg | 0.19 | 0.36 | 0.69 | 1.01 |
Low | - | 0.20 | 0.63 | 0.97 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | - | 193.3% | 106.1% | 51.0% |
Avg | - | 94.3% | 90.4% | 46.7% |
Low | - | 5.3% | 73.4% | 40.9% |
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.