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AvidXchange (AVDX)

(Real Time Quote from BATS)

$12.59 USD

12.59
99,743

+0.10 (0.80%)

Updated Jul 25, 2024 10:42 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value D Growth C Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 40% (100 out of 250)

Industry: Internet - Software

Better trading starts here.

Zacks News

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ASGN & Microsoft Collaborate on Artificial Intelligence Tools

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What Makes AvidXchange Holdings, Inc. (AVDX) a Strong Momentum Stock: Buy Now?

Does AvidXchange Holdings, Inc. (AVDX) have what it takes to be a top stock pick for momentum investors? Let's find out.

AvidXchange and Sonos have been highlighted as Zacks Bull and Bear of the Day

AvidXchange and Sonos have been highlighted as Zacks Bull and Bear of the Day.

Benjamin Rains headshot

Bull of the Day: AvidXchange Holdings, Inc. (AVDX)

AVDX has surged above key moving averages since its beat-raise Q3 report. AvidXchange is gaining more attention from Wall Street. It trades for around $11 per share and roughly 60% below its post-IPO highs in late 2021 right as the market peaked.

Wall Street Analysts Believe AvidXchange Holdings, Inc. (AVDX) Could Rally 26.02%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 26% in AvidXchange Holdings, Inc. (AVDX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

New Strong Buy Stocks for November 22nd

RIGL, BWAY, AVDX, IMGN and EAT have been added to the Zacks Rank #1 (Strong Buy) List on November 22, 2023.

Here's What Key Metrics Tell Us About AvidXchange Holdings, Inc. (AVDX) Q3 Earnings

While the top- and bottom-line numbers for AvidXchange Holdings, Inc. (AVDX) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Seeking Clues to AvidXchange Holdings, Inc. (AVDX) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for AvidXchange Holdings, Inc. (AVDX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2023.

AvidXchange Holdings, Inc. (AVDX) Stock Sinks As Market Gains: What You Should Know

In the closing of the recent trading day, AvidXchange Holdings, Inc. (AVDX) stood at $8.58, denoting a -0.69% change from the preceding trading day.

AvidXchange Holdings, Inc. (AVDX) Stock Moves -0.59%: What You Should Know

In the most recent trading session, AvidXchange Holdings, Inc. (AVDX) closed at $8.48, indicating a -0.59% shift from the previous trading day.

AvidXchange Holdings, Inc. (AVDX) Stock Moves -1.22%: What You Should Know

AvidXchange Holdings, Inc. (AVDX) concluded the recent trading session at $8.93, signifying a -1.22% move from its prior day's close.

AvidXchange Holdings, Inc. (AVDX) Stock Falls Amid Market Uptick: What Investors Need to Know

The latest trading day saw AvidXchange Holdings, Inc. (AVDX) settling at $9.21, representing a -0.97% change from its previous close.

AvidXchange Holdings, Inc. (AVDX) Laps the Stock Market: Here's Why

AvidXchange Holdings, Inc. (AVDX) closed the most recent trading day at $8.91, moving +1.02% from the previous trading session.

AvidXchange Holdings, Inc. (AVDX) Stock Moves -1.29%: What You Should Know

AvidXchange Holdings, Inc. (AVDX) closed at $9.16 in the latest trading session, marking a -1.29% move from the prior day.

AvidXchange Holdings, Inc. (AVDX) Stock Sinks As Market Gains: What You Should Know

AvidXchange Holdings, Inc. (AVDX) closed at $9.68 in the latest trading session, marking a -0.62% move from the prior day.

AvidXchange Holdings, Inc. (AVDX) Dips More Than Broader Markets: What You Should Know

AvidXchange Holdings, Inc. (AVDX) closed the most recent trading day at $10.23, moving -0.58% from the previous trading session.

Unity Software (U) Q2 Earnings Beat Estimates, Revenues Rise Y/Y (Revised)

Unity Software's (U) second-quarter 2023 results reflect year-over-year improvement in the top and bottom lines.

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PayPal (PYPL) Q2 Earnings Match Estimates, Revenues Up Y/Y

PayPal's (PYPL) second-quarter results reflect growing transaction and other value-added services' revenues.

FormFactor's (FORM) Q2 Earnings Beat, Revenues Decline Y/Y

FormFactor's (FORM) second-quarter results benefit from strength in the systems business amid weak demand for DRAM and Foundry & Logic.

MercadoLibre's (MELI) Q2 Earnings Beat, Revenues Rise Y/Y

MercadoLibre's (MELI) second-quarter results reflect benefits from growing commerce and fintech revenues.

TripAdvisor (TRIP) Q2 Earnings Miss, Revenues Beat Estimates

TripAdvisor's (TRIP) second-quarter results reflect strength across the Viator and TheFork segments.

Unity Software (U) Q2 Earnings Miss Estimates, Revenues Rise Y/Y

Unity Software's (U) second-quarter 2023 results reflect a year-over-year improvement in the top and bottom lines.

AMETEK (AME) Q2 Earnings Show Electronics Instruments Strength

AMETEK's (AME) second-quarter 2023 results benefit from solid momentum in the Electronic Instruments Group.