On May 8, 2025, Wells Fargo analyst Andrew Bauch provided an update on AvidXchange Holdings (AVDX, Financial). The analyst maintained an "Equal-Weight" rating on the stock.
In addition to maintaining the rating, Wells Fargo has raised its price target for AvidXchange Holdings (AVDX, Financial) from USD 8.00 to USD 10.00. This adjustment represents a 25% increase from the prior target.
Investors and stakeholders should take note of this updated price target and maintained rating as part of their assessment of AvidXchange Holdings (AVDX, Financial). As always, it is important to consider multiple factors when evaluating stock performance and future prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for AvidXchange Holdings Inc (AVDX, Financial) is $9.90 with a high estimate of $13.00 and a low estimate of $8.00. The average target implies an upside of 1.80% from the current price of $9.73. More detailed estimate data can be found on the AvidXchange Holdings Inc (AVDX) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, AvidXchange Holdings Inc's (AVDX, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for AvidXchange Holdings Inc (AVDX, Financial) in one year is $13.26, suggesting a upside of 36.35% from the current price of $9.725. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the AvidXchange Holdings Inc (AVDX) Summary page.
