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
Target Low Average Median High
Price $10 $13.42 $14 $16
Change -23.84% +2.21% +6.63% +21.86%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 112222
Buy 777666
Hold 334555
Sell 100000
Strong Sell 000000
Total 121113131313

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
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
149.58M185.93M248.41M316.35M380.72M455.46M529.97M624.26M809.84M
Revenue Growth
-24.30%33.60%27.35%20.35%19.63%16.36%17.79%29.73%
EPS
-2.54-3.34-2.64-0.51-0.230.190.360.691.01
EPS Growth
------94.28%90.38%46.67%
No. Analysts -----151473
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 2024202520262027
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 2024202520262027
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.