AVDX vs. CFLT, MTCH, APPF, GTLB, OTEX, LNW, WAY, PATH, BZ, and PSN
Should you be buying AvidXchange stock or one of its competitors? The main competitors of AvidXchange include Confluent (CFLT), Match Group (MTCH), AppFolio (APPF), GitLab (GTLB), Open Text (OTEX), Light & Wonder (LNW), Waystar (WAY), UiPath (PATH), Kanzhun (BZ), and Parsons (PSN). These companies are all part of the "computer software" industry.
AvidXchange vs. Its Competitors
AvidXchange (NASDAQ:AVDX) and Confluent (NASDAQ:CFLT) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, dividends, earnings, institutional ownership, risk, community ranking, profitability, valuation and analyst recommendations.
AvidXchange presently has a consensus price target of $10.30, indicating a potential upside of 5.32%. Confluent has a consensus price target of $30.11, indicating a potential upside of 24.99%. Given Confluent's stronger consensus rating and higher possible upside, analysts clearly believe Confluent is more favorable than AvidXchange.
AvidXchange has higher earnings, but lower revenue than Confluent. Confluent is trading at a lower price-to-earnings ratio than AvidXchange, indicating that it is currently the more affordable of the two stocks.
Confluent received 109 more outperform votes than AvidXchange when rated by MarketBeat users. Likewise, 56.16% of users gave Confluent an outperform vote while only 35.94% of users gave AvidXchange an outperform vote.
In the previous week, Confluent had 16 more articles in the media than AvidXchange. MarketBeat recorded 19 mentions for Confluent and 3 mentions for AvidXchange. AvidXchange's average media sentiment score of 0.92 beat Confluent's score of 0.68 indicating that AvidXchange is being referred to more favorably in the media.
80.6% of AvidXchange shares are owned by institutional investors. Comparatively, 78.1% of Confluent shares are owned by institutional investors. 11.1% of AvidXchange shares are owned by company insiders. Comparatively, 9.2% of Confluent shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
AvidXchange has a net margin of -0.23% compared to Confluent's net margin of -35.81%. AvidXchange's return on equity of 0.74% beat Confluent's return on equity.
AvidXchange has a beta of 1.22, meaning that its stock price is 22% more volatile than the S&P 500. Comparatively, Confluent has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500.
Summary
AvidXchange beats Confluent on 10 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding AVDX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
AvidXchange Competitors List
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This page (NASDAQ:AVDX) was last updated on 6/12/2025 by MarketBeat.com Staff
