Vertex, Inc. (VERX)

NASDAQ: VERX · Real-Time Price · USD
24.05
-0.28 (-1.15%)
At close: Sep 12, 2025, 4:00 PM EDT
24.00
-0.05 (-0.21%)
After-hours: Sep 12, 2025, 7:44 PM EDT
-1.15%
Market Cap3.84B
Revenue (ttm)710.51M
Net Income (ttm)-50.41M
Shares Out 159.47M
EPS (ttm)-0.32
PE Ration/a
Forward PE35.51
Dividendn/a
Ex-Dividend Daten/a
Volume1,119,142
Open24.31
Previous Close24.33
Day's Range23.72 - 24.31
52-Week Range23.13 - 60.71
Beta0.67
AnalystsBuy
Price Target42.83 (+78.09%)
Earnings DateNov 5, 2025

About VERX

Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools; tax data management and document managementsolutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs,... [Read more]

Sector Technology
IPO Date Jul 29, 2020
Employees 1,900
Stock Exchange NASDAQ
Ticker Symbol VERX
Full Company Profile

Financial Performance

In 2024, Vertex's revenue was $666.78 million, an increase of 16.49% compared to the previous year's $572.39 million. Losses were -$52.73 million, 302.7% more than in 2023.

Financial Statements

Analyst Summary

According to 13 analysts, the average rating for VERX stock is "Buy." The 12-month stock price target is $42.83, which is an increase of 78.09% from the latest price.

Price Target
$42.83
(78.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vertex, Inc. (VERX) Presents At Goldman Sachs Communacopia + Technology Conference 2025 (Transcript)

Vertex, Inc. (NASDAQ:VERX) Goldman Sachs Communacopia + Technology Conference 2025 September 11, 2025 12:30 PM EDT Company Participants David DeStefano - CEO, President & Chairman of the Board John S...

2 days ago - Seeking Alpha

Vertex Commerce Study: Off-Peak Shopping Trends Demand Smarter Tax Tech for Retailers

As 85% of consumers begin summer shopping in late winter, businesses face a new peak season – and a growing need for automated tax technology to manage product complexity and compliance As 85% of cons...

18 days ago - GlobeNewsWire

Vertex Inc.: Moving To The Sidelines As Near-Term Growth Expectations Get Reset

I downgrade Vertex (VERX) to Hold due to macro headwinds and ERP migration delays impacting near-term growth outlook. Cloud momentum and e-invoicing adoption remain strong, but on-premise weakness and...

4 weeks ago - Seeking Alpha

These Analysts Slash Their Forecasts On Vertex After Q2 Results

Vertex, Inc. VERX reported weaker-than-expected sales for the second quarter and cut its FY25 sales guidance below estimates on Wednesday.

5 weeks ago - Benzinga

Vertex, Inc. (VERX) Q2 2025 Earnings Call Transcript

Vertex, Inc. (NASDAQ:VERX) Q2 2025 Earnings Conference Call August 6, 2025 8:30 AM ET Company Participants David DeStefano - CEO, President & Chairman of the Board John R. Schwab - Chief Financial Of...

5 weeks ago - Seeking Alpha

Vertex Announces Second Quarter 2025 Financial Results

KING OF PRUSSIA, Pa., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results ...

5 weeks ago - GlobeNewsWire

Vertex Stock Tumbles 15% After Strong Earnings. What's Spooking Investors.

Second-quarter adjusted earnings came in at $4.52 a share on revenue of $2.96 billion, beating expectations.

5 weeks ago - Barrons

Waystar, OneStream, Vertex Among Analyst Favorites As Solid Guidance Fuel Bullish Outlook

After a rough start to the year, small- and mid-cap software stocks may be finding their footing. Goldman Sachs analyst Adam Hotchkiss says first-quarter results across his coverage were better than f...

Other symbols: OSWAY
3 months ago - Benzinga

Vertex to Present at 20th Annual Needham Technology, Media, & Consumer Conference

KING OF PRUSSIA, Pa., May 08, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a global provider of tax technology solutions, today announced that David DeStefano, Chief Executive Officer, and Joh...

4 months ago - GlobeNewsWire

Vertex, Inc. (VERX) Q1 2025 Earnings Call Transcript

Vertex, Inc. (NASDAQ:VERX) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants Joe Crivelli - Vice President of Investor Relations David DeStefano - President and Chief Execu...

4 months ago - Seeking Alpha

Majesco and Vertex Announce Partnership to Deliver Advanced Tax Solutions for Disability Claims and Absence Management

MORRISTOWN, N.J.--(BUSINESS WIRE)-- #futureforecast--Majesco, a global leader in cloud insurance software solutions, is excited to announce a partnership with Vertex Inc., a global provider of indirec...

4 months ago - Business Wire

Vertex Announces First Quarter 2025 Financial Results

KING OF PRUSSIA, Pa., May 07, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results f...

4 months ago - GlobeNewsWire

Vertex Announces Strategic Investment in AI Tax Compliance Startup Kintsugi

KING OF PRUSSIA, Pa., April 30, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a global provider of indirect tax technology solutions, today announced it has complet...

4 months ago - GlobeNewsWire

Vertex Expands Chief Strategy Office to Advance E-Invoicing and Global Compliance Initiatives

Leading industry experts join the Vertex Chief Strategy Office to shape product innovation and strengthen global compliance strategies for customers Leading industry experts join the Vertex Chief Stra...

5 months ago - GlobeNewsWire

Vertex: Expectations Reset With Improved Fundamentals (Rating Upgrade)

I upgrade my rating for Vertex stock to buy due to the recent valuation pullback, creating an attractive entry point at 7x forward revenue. VERX's cloud growth momentum remains strong, with a 27% y/y ...

6 months ago - Seeking Alpha

Goldman Sachs Analyst Anticipates Clarity On Vertex's Investment Roadmap And Product Monetization At Investor Day

Goldman Sachs analyst Adam Hotchkiss expressed expectations on Vertex, Inc. VERX ahead of its first Investor Day as a public company on March 19.

6 months ago - Benzinga

Vertex, Inc. to Host 2025 Investor Day

KING OF PRUSSIA, Pa., March 11, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) today announced that it will host an Investor Day on Wednesday, March 19, in Philadelphia, PA. The event will featu...

6 months ago - GlobeNewsWire

Vertex, Inc. (VERX) Q4 2024 Earnings Call Transcript

Vertex, Inc. (NASDAQ:VERX) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Joe Crivelli – Vice President of Investor Relations David DeStefano – President and Chief...

7 months ago - Seeking Alpha

Vertex Announces Fourth Quarter and Full Year 2024 Financial Results

KING OF PRUSSIA, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results ...

7 months ago - GlobeNewsWire

Vertex to Announce Fourth Quarter 2024 Financial Results on Thursday, February 27, 2025

KING OF PRUSSIA, Pa., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release fourth quarter ...

8 months ago - GlobeNewsWire

Vertex Recognized in Built In's Esteemed 2025 Best Places to Work Awards

KING OF PRUSSIA, Pa., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc.  (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, was recognized on Built In's 50 Best Rem...

8 months ago - GlobeNewsWire

10 stocks making best use of investors' money. Here's who beats Nvidia.

A company's return on average assets sheds light on how well its management team has allocated investors' money.

8 months ago - Market Watch

Vertex Named a Leader in the 2024 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Tax Automation Software for Enterprise, SMB and VAT

KING OF PRUSSIA, Pa., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, has been named a Leader in three IDC Mark...

9 months ago - GlobeNewsWire

Vertex Analysts Increase Their Forecasts Following Strong Q3 Results

Vertex, Inc. VERX reported better-than-expected third-quarter financial results and raised its FY24 revenue guidance on Wednesday.

11 months ago - Benzinga

Vertex: Downgrading To A Hold As Upside Is Limited

Downgrading Vertex to neutral due to limited upside at current valuation of 10x FY25 revenue, despite robust growth outlook and strong performance. 3Q24 results exceeded expectations with $170M revenu...

11 months ago - Seeking Alpha