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AvidXchange (AVDX) Competitors

AvidXchange logo
$8.37 +0.24 (+2.95%)
Closing price 04:00 PM Eastern
Extended Trading
$8.26 -0.11 (-1.30%)
As of 07:51 PM Eastern
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AVDX vs. WAY, VERX, PATH, CCCS, SAIC, IONQ, GLBE, CWAN, S, and BZ

Should you be buying AvidXchange stock or one of its competitors? The main competitors of AvidXchange include Waystar (WAY), Vertex (VERX), UiPath (PATH), CCC Intelligent Solutions (CCCS), Science Applications International (SAIC), IonQ (IONQ), Global-E Online (GLBE), Clearwater Analytics (CWAN), SentinelOne (S), and Kanzhun (BZ). These companies are all part of the "computer software" industry.

AvidXchange vs.

AvidXchange (NASDAQ:AVDX) and Waystar (NASDAQ:WAY) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, community ranking, analyst recommendations, earnings, media sentiment, risk, institutional ownership, valuation and profitability.

Waystar has a net margin of 0.00% compared to AvidXchange's net margin of -0.23%. AvidXchange's return on equity of 0.74% beat Waystar's return on equity.

Company Net Margins Return on Equity Return on Assets
AvidXchange-0.23% 0.74% 0.23%
Waystar N/A N/A N/A

AvidXchange currently has a consensus price target of $10.07, indicating a potential upside of 20.20%. Waystar has a consensus price target of $40.33, indicating a potential upside of 3.08%. Given AvidXchange's higher possible upside, equities research analysts plainly believe AvidXchange is more favorable than Waystar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AvidXchange
2 Sell rating(s)
10 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.13
Waystar
0 Sell rating(s)
0 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
3.08

80.6% of AvidXchange shares are owned by institutional investors. 10.4% of AvidXchange shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

AvidXchange has higher earnings, but lower revenue than Waystar.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AvidXchange$438.94M3.90-$47.33M$0.04209.38
Waystar$943.55M7.14-$51.33MN/AN/A

AvidXchange received 16 more outperform votes than Waystar when rated by MarketBeat users. However, 100.00% of users gave Waystar an outperform vote while only 38.33% of users gave AvidXchange an outperform vote.

CompanyUnderperformOutperform
AvidXchangeOutperform Votes
46
38.33%
Underperform Votes
74
61.67%
WaystarOutperform Votes
30
100.00%
Underperform Votes
No Votes

In the previous week, Waystar had 22 more articles in the media than AvidXchange. MarketBeat recorded 28 mentions for Waystar and 6 mentions for AvidXchange. AvidXchange's average media sentiment score of 1.37 beat Waystar's score of 0.94 indicating that AvidXchange is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
AvidXchange
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Waystar
14 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

AvidXchange and Waystar tied by winning 8 of the 16 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 {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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.
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AVDX vs. The Competition

MetricAvidXchangePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$1.71B$24.98B$23.53B$7.94B
Dividend YieldN/A1.94%2.97%4.23%
P/E Ratio209.38115.6442.6218.55
Price / Sales3.9018.212,109.27103.00
Price / Cash751.6186.0634.7234.62
Price / Book2.598.646.204.26
Net Income-$47.33M$440.05M$739.49M$248.39M
7 Day Performance6.42%2.14%2.04%1.27%
1 Month Performance-1.70%3.37%2.42%3.85%
1 Year Performance-29.56%14.67%52,745.65%5.23%

AvidXchange Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AVDX
AvidXchange
3.7472 of 5 stars
$8.37
+3.0%
$10.07
+20.3%
-30.3%$1.71B$438.94M209.251,600Upcoming Earnings
Positive News
WAY
Waystar
2.8313 of 5 stars
$35.21
-3.4%
$40.33
+14.6%
N/A$6.06B$943.55M0.001,400Earnings Report
Analyst Forecast
Short Interest ↓
News Coverage
Gap Up
VERX
Vertex
4.161 of 5 stars
$38.11
-2.9%
$48.91
+28.3%
+37.4%$6.03B$666.78M211.721,300Upcoming Earnings
News Coverage
Positive News
PATH
UiPath
1.5145 of 5 stars
$10.25
-1.9%
$12.72
+24.1%
-36.9%$5.65B$1.43B-64.064,010Short Interest ↑
News Coverage
CCCS
CCC Intelligent Solutions
4.035 of 5 stars
$8.46
-2.4%
$12.57
+48.6%
-17.5%$5.57B$944.80M423.212,350Upcoming Earnings
News Coverage
Positive News
SAIC
Science Applications International
3.4486 of 5 stars
$116.45
-0.2%
$131.33
+12.8%
-6.0%$5.56B$7.48B19.6426,000Positive News
IONQ
IonQ
2.1036 of 5 stars
$24.16
-6.1%
$41.80
+73.0%
+221.5%$5.38B$43.07M-29.83100Upcoming Earnings
Short Interest ↑
Gap Up
GLBE
Global-E Online
4.1993 of 5 stars
$31.70
-2.3%
$57.00
+79.8%
+7.1%$5.36B$752.76M-72.05470Positive News
CWAN
Clearwater Analytics
4.3078 of 5 stars
$21.34
-7.5%
$33.80
+58.4%
+44.3%$5.36B$451.80M12.861,730Earnings Report
Analyst Forecast
News Coverage
S
SentinelOne
3.5307 of 5 stars
$16.16
-3.9%
$26.14
+61.8%
-12.4%$5.33B$821.46M-17.191,200
BZ
Kanzhun
3.2071 of 5 stars
$13.62
-2.0%
$21.71
+59.4%
-22.7%$5.25B$7.36B30.274,840Positive News

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This page (NASDAQ:AVDX) was last updated on 5/1/2025 by MarketBeat.com Staff
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