AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in the United States. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. It serves real estate, community association management, construction, financial services, healthcare facilities, social services, education, hospitality, and media sectors through direct salesforces; strategic channel partnerships; and software and technology business partners. AvidXchange Holdings, Inc. was incorporated in 2000 and is headquartered in Charlotte, North Carolina.
Market Dominance | AvidXchange leads in middle-market B2B payments, leveraging 240+ ERP integrations to tap into a $40 billion addressable market opportunity |
Financial Resilience | Despite macroeconomic challenges, AvidXchange maintains solid revenue growth and approaches its long-term gross margin target of over 80% |
Growth Hurdles | Explore how slower customer acquisition and economic headwinds impact AvidXchange's path to achieving its medium-term growth target of 20%+ |
Analyst Perspectives | With price targets ranging from $8 to $14, analysts offer mixed views on AvidXchange's potential, reflecting both opportunities and challenges ahead |
Metrics to compare | AVDX | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipAVDXPeersSector | |
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P/E Ratio | 1,105.6x | 35.2x | 9.6x | |
PEG Ratio | 10.47 | 0.30 | 0.03 | |
Price/Book | 3.0x | 1.8x | 1.0x | |
Price / LTM Sales | 4.6x | 2.6x | 2.9x | |
Upside (Analyst Target) | 1.3% | 29.9% | 10.3% | |
Fair Value Upside | Unlock | 17.4% | 2.0% | Unlock |