Vertex (VERX) Stock Forecast, Price Target & Predictions
VERX Stock Forecast
Vertex stock forecast is as follows: an average price target of $34.33 (represents a -5.27% downside from VERX’s last price of $36.24) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
VERX Price Target
VERX Analyst Ratings
Vertex Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 09, 2024 | Daniel Jester | BMO Capital | $37.00 | $35.67 | 3.73% | 2.10% |
Aug 07, 2024 | Steven Enders | Citigroup | $38.00 | $34.62 | 9.76% | 4.86% |
Nov 10, 2023 | Daniel Jester | Loop Capital Markets | $28.00 | $27.12 | 3.24% | -22.74% |
Vertex Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 2 | 3 |
Avg Price Target | - | $37.50 | $34.33 |
Last Closing Price | $36.24 | $36.24 | $36.24 |
Upside/Downside | -100.00% | 3.48% | -5.27% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 09, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
Aug 07, 2024 | Citigroup | Neutral | Neutral | Hold |
Jul 31, 2024 | JMP Securities | Outperform | Outperform | Hold |
Jul 23, 2024 | Needham | Buy | Buy | Hold |
Jul 23, 2024 | Citigroup | Underperform | Underperform | Hold |
Jun 28, 2024 | Citigroup | Neutral | Neutral | Hold |
Jun 13, 2024 | JMP Securities | Underperform | Underperform | Hold |
Jun 13, 2024 | Needham | Market Outperform | Market Outperform | Hold |
May 09, 2024 | Needham | Market Outperform | Market Outperform | Hold |
Apr 23, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
Vertex Financial Forecast
Vertex Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $154.91M | $145.03M | $139.69M | $132.75M | $131.13M | $126.24M | - | $114.98M | $111.66M | $110.72M | $104.94M | $98.24M | $99.54M | $94.61M | $91.27M |
Avg Forecast | $230.43M | $219.35M | $212.59M | $204.64M | $197.63M | $188.27M | $183.27M | $177.64M | $174.14M | $165.71M | $160.66M | $155.16M | $146.45M | $142.19M | $136.08M | $132.03M | $125.98M | $122.82M | $116.79M | $113.03M | $109.20M | $105.11M | $99.59M | $95.55M | $94.15M | $90.21M | $89.36M |
High Forecast | $231.23M | $220.11M | $213.32M | $205.34M | $198.31M | $188.92M | $183.90M | $178.25M | $174.17M | $166.85M | $161.22M | $155.69M | $146.81M | $142.68M | $136.55M | $132.49M | $126.41M | $123.24M | $116.79M | $114.08M | $110.22M | $106.09M | $100.52M | $96.44M | $95.03M | $91.05M | $90.19M |
Low Forecast | $230.21M | $219.14M | $212.38M | $204.44M | $197.44M | $188.09M | $183.09M | $177.47M | $174.11M | $165.41M | $160.51M | $155.01M | $146.08M | $142.05M | $135.95M | $131.90M | $125.85M | $122.70M | $116.79M | $112.19M | $108.39M | $104.33M | $98.86M | $94.84M | $93.45M | $89.54M | $88.70M |
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 11 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.02% | 1.03% | 1.01% | 1.04% | 1.03% | - | 1.02% | 1.02% | 1.05% | 1.05% | 1.03% | 1.06% | 1.05% | 1.02% |
Vertex EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 11 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.31M | $1.76M | $-194.00K | $8.01M | $-63.00K | $13.92M | - | $13.37M | $12.87M | $10.59M | $7.81M | $10.96M | $10.59M | $-41.76M | $-20.92M |
Avg Forecast | $15.31M | $14.57M | $14.12M | $13.59M | $13.13M | $12.51M | $12.17M | $11.80M | $11.57M | $11.01M | $10.67M | $10.31M | $9.73M | $9.44M | $9.04M | $8.77M | $8.37M | $12.82M | $7.76M | $2.58M | $7.25M | $11.65M | $5.86M | $7.23M | $6.25M | $-23.53M | $5.94M |
High Forecast | $15.36M | $14.62M | $14.17M | $13.64M | $13.17M | $12.55M | $12.21M | $11.84M | $11.57M | $11.08M | $10.71M | $10.34M | $9.75M | $9.48M | $9.07M | $8.80M | $8.40M | $15.38M | $7.76M | $3.10M | $7.32M | $13.98M | $7.03M | $8.68M | $6.31M | $-18.82M | $5.99M |
Low Forecast | $15.29M | $14.56M | $14.11M | $13.58M | $13.11M | $12.49M | $12.16M | $11.79M | $11.56M | $10.99M | $10.66M | $10.30M | $9.70M | $9.44M | $9.03M | $8.76M | $8.36M | $10.25M | $7.76M | $2.06M | $7.20M | $9.32M | $4.68M | $5.79M | $6.21M | $-28.23M | $5.89M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.13% | 0.19% | -0.02% | 0.91% | -0.01% | 1.09% | - | 5.18% | 1.77% | 0.91% | 1.33% | 1.52% | 1.69% | 1.77% | -3.52% |
Vertex Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 11 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $15.33M | $-3.40M | $-6.90M | $-18.13M | $-5.31M | $-1.14M | - | $-334.00K | $-627.00K | $-3.95M | $808.00K | $2.29M | $230.00K | $-21.03M | $-29.07M |
Avg Forecast | $40.90M | $37.67M | $37.13M | $33.90M | $27.80M | $26.91M | $27.87M | $25.91M | $20.51M | $21.51M | $20.82M | $20.34M | $18.29M | $14.61M | $13.14M | $12.61M | $10.74M | $-4.78M | $8.72M | $-250.50K | $8.35M | $-4.34M | $606.00K | $1.51M | $11.99M | $-11.85M | $12.39M |
High Forecast | $41.08M | $37.84M | $37.30M | $34.05M | $27.93M | $27.03M | $28.00M | $26.03M | $20.60M | $23.05M | $20.92M | $20.43M | $18.37M | $14.68M | $13.19M | $12.67M | $10.78M | $-3.82M | $8.72M | $-200.40K | $8.45M | $-3.47M | $727.20K | $1.81M | $12.14M | $-9.48M | $12.54M |
Low Forecast | $40.85M | $37.62M | $37.08M | $33.86M | $27.77M | $26.87M | $27.84M | $25.88M | $20.48M | $16.90M | $20.80M | $20.31M | $16.62M | $14.59M | $13.12M | $12.60M | $10.72M | $-5.73M | $8.72M | $-300.60K | $8.27M | $-5.21M | $484.80K | $1.21M | $11.88M | $-14.22M | $12.27M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | -0.23% | -0.52% | -1.44% | -0.49% | 0.24% | - | 1.33% | -0.08% | 0.91% | 1.33% | 1.52% | 0.02% | 1.77% | -2.35% |
Vertex SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 11 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $73.91M | $69.30M | $72.92M | $70.05M | $66.78M | $61.93M | - | $56.21M | $54.39M | $56.90M | $49.73M | $45.00M | $46.74M | $77.47M | $62.30M |
Avg Forecast | $118.31M | $112.62M | $109.15M | $105.07M | $101.47M | $96.66M | $94.09M | $91.20M | $89.41M | $85.08M | $82.49M | $79.66M | $75.19M | $73.00M | $69.87M | $67.79M | $64.68M | $68.84M | $59.96M | $42.16M | $56.07M | $62.58M | $37.30M | $29.70M | $48.34M | $43.65M | $45.88M |
High Forecast | $118.72M | $113.01M | $109.52M | $105.43M | $101.82M | $97.00M | $94.42M | $91.52M | $89.42M | $85.66M | $82.77M | $79.93M | $75.38M | $73.26M | $70.11M | $68.02M | $64.90M | $82.61M | $59.96M | $50.59M | $56.59M | $75.10M | $44.76M | $35.64M | $48.79M | $52.37M | $46.31M |
Low Forecast | $118.19M | $112.51M | $109.04M | $104.96M | $101.37M | $96.57M | $94.00M | $91.12M | $89.39M | $84.92M | $82.41M | $79.58M | $75.00M | $72.93M | $69.80M | $67.72M | $64.62M | $55.07M | $59.96M | $33.73M | $55.65M | $50.07M | $29.84M | $23.76M | $47.98M | $34.92M | $45.54M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.95% | 1.04% | 1.03% | 1.03% | 0.90% | - | 1.33% | 0.97% | 0.91% | 1.33% | 1.52% | 0.97% | 1.77% | 1.36% |
Vertex EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 11 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.35 | $-0.06 | $-0.13 | $-0.12 | $-0.04 | $-0.01 | - | $-0.00 | $-0.00 | $-0.03 | $0.01 | $0.02 | - | $-0.15 | $-0.20 |
Avg Forecast | $0.25 | $0.23 | $0.23 | $0.21 | $0.17 | $0.17 | $0.17 | $0.16 | $0.13 | $0.13 | $0.13 | $0.13 | $0.11 | $0.09 | $0.08 | $0.08 | $0.07 | $0.06 | $0.05 | $0.07 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.08 | $0.08 |
High Forecast | $0.25 | $0.23 | $0.23 | $0.21 | $0.17 | $0.17 | $0.17 | $0.16 | $0.13 | $0.14 | $0.13 | $0.13 | $0.11 | $0.09 | $0.08 | $0.08 | $0.07 | $0.06 | $0.05 | $0.07 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.08 | $0.08 |
Low Forecast | $0.25 | $0.23 | $0.23 | $0.21 | $0.17 | $0.17 | $0.17 | $0.16 | $0.13 | $0.10 | $0.13 | $0.13 | $0.10 | $0.09 | $0.08 | $0.08 | $0.07 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.07 | $0.08 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 20.75% | -0.68% | -1.60% | -1.54% | -0.53% | -0.12% | - | -0.03% | -0.08% | -0.60% | 0.11% | 0.40% | 0.02% | -1.99% | -2.66% |
Vertex Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
EXFY | Expensify | $2.52 | $13.75 | 445.63% | Buy |
LAW | CS Disco | $5.59 | $26.86 | 380.50% | Hold |
PRO | PROS | $17.84 | $41.00 | 129.82% | Buy |
DV | DoubleVerify | $17.42 | $36.54 | 109.76% | Buy |
NCNO | nCino | $29.39 | $41.89 | 42.53% | Buy |
CXM | Sprinklr | $7.94 | $11.13 | 40.18% | Buy |
ALKT | Alkami | $30.17 | $34.50 | 14.35% | Buy |
ENV | Envestnet | $62.62 | $68.52 | 9.42% | Hold |
PWSC | PowerSchool | $22.76 | $24.08 | 5.80% | Hold |
VERX | Vertex | $36.24 | $34.33 | -5.27% | Hold |
CWAN | Clearwater Analytics | $24.01 | $22.50 | -6.29% | Buy |
GWRE | Guidewire Software | $171.81 | $156.30 | -9.03% | Buy |
MLNK | MeridianLink | $23.86 | $20.00 | -16.18% | Buy |
VERX Forecast FAQ
Is Vertex a good buy?
No, according to 5 Wall Street analysts, Vertex (VERX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 40.00% of VERX's total ratings.
What is VERX's price target?
Vertex (VERX) average price target is $34.33 with a range of $28 to $38, implying a -5.27% from its last price of $36.24. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Vertex stock go up soon?
According to Wall Street analysts' prediction for VERX stock, the company can go down by -5.27% (from the last price of $36.24 to the average price target of $34.33), up by 4.86% based on the highest stock price target, and down by -22.74% based on the lowest stock price target.
Can Vertex stock reach $50?
VERX's average twelve months analyst stock price target of $34.33 does not support the claim that Vertex can reach $50 in the near future.
What are Vertex's analysts' financial forecasts?
Vertex's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $746.81M (high $749.39M, low $746.09M), average EBITDA is $49.6M (high $49.77M, low $49.56M), average net income is $108.5M (high $108.98M, low $108.36M), average SG&A $383.43M (high $384.75M, low $383.05M), and average EPS is $0.672 (high $0.675, low $0.671). VERX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $867.01M (high $870M, low $866.17M), average EBITDA is $57.59M (high $57.79M, low $57.53M), average net income is $149.6M (high $150.27M, low $149.41M), average SG&A $445.14M (high $446.68M, low $444.71M), and average EPS is $0.927 (high $0.931, low $0.925).
Did the VERX's actual financial results beat the analysts' financial forecasts?
Based on Vertex's last annual report (Dec 2023), the company's revenue was $572.39M, beating the average analysts forecast of $556.76M by 2.81%. Apple's EBITDA was $-2.308M, missing the average prediction of $36.98M by -106.24%. The company's net income was $-13.093M, missing the average estimation of $58.65M by -122.32%. Apple's SG&A was $286.17M, beating the average forecast of $285.85M by 0.11%. Lastly, the company's EPS was $2.77, beating the average prediction of $0.363 by 662.48%. In terms of the last quarterly report (Dec 2023), Vertex's revenue was $154.91M, beating the average analysts' forecast of $146.45M by 5.78%. The company's EBITDA was $1.31M, missing the average prediction of $9.73M by -86.53%. Vertex's net income was $15.33M, missing the average estimation of $18.29M by -16.15%. The company's SG&A was $73.91M, missing the average forecast of $75.19M by -1.71%. Lastly, the company's EPS was $2.35, beating the average prediction of $0.113 by 1974.51%