Vertex, Inc. (VERX)
NASDAQ: VERX · IEX Real-Time Price · USD
32.63
+0.33 (1.02%)
At close: May 17, 2024, 4:00 PM
32.44
-0.19 (-0.58%)
After-hours: May 17, 2024, 4:59 PM EDT
Vertex Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Vertex stock have an average target of 36.3, with a low estimate of 29 and a high estimate of 45. The average target predicts an increase of 11.25% from the current stock price of 32.63.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Vertex stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +37.91% | May 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +37.91% | May 6, 2024 |
| Citigroup | Citigroup | Hold Maintains $34 → $32 | Hold | Maintains | $34 → $32 | -1.93% | Apr 23, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $42 | Buy | Reiterates | $42 | +28.72% | Apr 23, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $40 → $34 | Hold | Maintains | $40 → $34 | +4.20% | Apr 23, 2024 |
Financial Forecast
Revenue This Year
669.14M
from 572.39M
Increased by 16.90%
Revenue Next Year
765.31M
from 669.14M
Increased by 14.37%
EPS This Year
0.54
from -0.09
EPS Next Year
0.70
from 0.54
Increased by 30.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 694.8M | 816.6M | 959.6M |
| Avg | 669.1M | 765.3M | 913.0M |
| Low | 640.6M | 719.8M | 857.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.4% | 22.0% | 25.4% |
| Avg | 16.9% | 14.4% | 19.3% |
| Low | 11.9% | 7.6% | 12.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.68 | 0.92 | 1.22 |
| Avg | 0.54 | 0.70 | 1.08 |
| Low | 0.41 | 0.51 | 0.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 72.0% | 73.9% |
| Avg | - | 30.4% | 54.5% |
| Low | - | -5.1% | 39.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.