The latest update is out from AvidXchange Holdings ( (AVDX) ).
On May 6, 2025, AvidXchange Holdings announced its acquisition by TPG, in partnership with Corpay, for $2.2 billion. The transaction, which values AvidXchange at $10.00 per share, represents a significant premium over its recent stock prices and is expected to close in the fourth quarter of 2025. This acquisition will transition AvidXchange to a private company, allowing it greater flexibility to invest in growth and enhance its payment solutions. The move is anticipated to strengthen AvidXchange’s position in the AP automation industry, providing it with resources to scale its platform and deliver innovative solutions to its customers.
Spark’s Take on AVDX Stock
According to Spark, TipRanks’ AI Analyst, AVDX is a Neutral.
AvidXchange displays strong revenue growth and promising strategic initiatives, which contribute positively to its outlook. However, challenges in profitability, high valuation, and bearish technical indicators weigh down the overall score. While the earnings call provided optimism with margin improvements and strategic partnerships, macroeconomic headwinds and retention issues remain concerns.
To see Spark’s full report on AVDX stock, click here.
More about AvidXchange Holdings
AvidXchange Holdings, Inc. is a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers. The company offers a software-as-a-service-based platform that digitizes and automates AP workflows for over 8,500 businesses, facilitating payments to more than 1,350,000 supplier customers.
Average Trading Volume: 1,863,324
Technical Sentiment Signal: Sell
Current Market Cap: $1.7B
For detailed information about AVDX stock, go to TipRanks’ Stock Analysis page.