AvidXchange Holdings, Inc. (AVDX)
NASDAQ: AVDX · Real-Time Price · USD
7.93
-0.07 (-0.88%)
Sep 6, 2024, 4:00 PM EDT - Market closed
AvidXchange Holdings Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for AVDX stock have an average target of 11.21, with a low estimate of 8.00 and a high estimate of 14. The average target predicts an increase of 41.36% from the current stock price of 7.93.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for AVDX stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 6 | 5 | 5 | 5 | 4 | 4 |
| Hold | 6 | 6 | 6 | 6 | 7 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 15 | 14 | 14 | 14 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Hold Initiates $8 | Hold | Initiates | $8 | +0.88% | Sep 4, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $11 → $9 | Buy → Hold | Downgrades | $11 → $9 | +13.49% | Aug 20, 2024 |
| Barclays | Barclays | Buy Maintains $14 → $10 | Buy | Maintains | $14 → $10 | +26.10% | Aug 5, 2024 |
| Keybanc | Keybanc | Buy Maintains $15 → $12 | Buy | Maintains | $15 → $12 | +51.32% | Aug 1, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $12 → $9 | Strong Sell | Maintains | $12 → $9 | +13.49% | Aug 1, 2024 |
Financial Forecast
Revenue This Year
446.08M
from 380.72M
Increased by 17.17%
Revenue Next Year
497.74M
from 446.08M
Increased by 11.58%
EPS This Year
0.25
from -0.23
EPS Next Year
0.34
from 0.25
Increased by 34.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 470.4M | 545.0M | 654.2M | ||
| Avg | 446.1M | 497.7M | 571.3M | ||
| Low | 419.4M | 456.7M | 516.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.6% | 22.2% | 31.4% | ||
| Avg | 17.2% | 11.6% | 14.8% | ||
| Low | 10.2% | 2.4% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.35 | 0.39 | 0.51 | ||
| Avg | 0.25 | 0.34 | 0.43 | ||
| Low | 0.20 | 0.28 | 0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 53.9% | 51.2% | ||
| Avg | - | 34.7% | 26.3% | ||
| Low | - | 12.6% | -51.0% |
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.