15 Tech Stocks with Best Earnings Growth in 2025

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11. AvidXchange Holdings Inc. (NASDAQ:AVDX)

Expected EPS Growth Next FY: 36%

Number of Hedge Fund Holders: 34

AvidXchange Holdings Inc. (NASDAQ:AVDX) is a provider of accounts payable (AP) automation software and payment solutions tailored for middle-market businesses and their suppliers. The company’s intuitive platform is designed to simplify the complex and time-consuming tasks associated with AP and payment management.

During its Q3 2024 results announcement in November 2024, AvidXchange Holdings Inc. (NASDAQ:AVDX) forecasted its FY 2024 EPS to be in the range of $0.24-$0.25, signifying a fourfold growth from FY 2023. Analysts expect this growth momentum to continue, with an estimated EPS growth of around 36% for the following year. This growth is well-supported by the company’s expanding customer base across various industries and the increasing demand for digital transformation in finance. AvidXchange Holdings Inc. (NASDAQ:AVDX) is also well-positioned to benefit from small- and medium-sized enterprises increasingly adopting cloud-based software to automate manual processes.

In December, BTIG resumed its coverage of AvidXchange Holdings Inc. (NASDAQ:AVDX) with a Buy rating and a $14 price target. A BTIG analyst believes that the company’s strong position within the middle-market business-to-business invoice and payments sector will enable it to achieve robust and sustainable growth in the years ahead.

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