Vertex, Inc. (VERX)
NASDAQ: VERX · Real-Time Price · USD
42.80
+0.34 (0.80%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Vertex Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Vertex stock have an average target of 37.73, with a low estimate of 29 and a high estimate of 47. The average target predicts a decrease of -11.85% from the current stock price of 42.80.
Analyst Consensus: Buy
* Price targets were last updated on Jul 31, 2024.
Analyst Ratings
The average analyst rating for Vertex stock from 11 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $42 → $47 | Buy | Maintains | $42 → $47 | +9.81% | Jul 31, 2024 |
| Baird | Baird | Buy Initiates $43 | Buy | Initiates | $43 | +0.47% | Jul 23, 2024 |
| Citigroup | Citigroup | Hold Maintains $32 → $36 | Hold | Maintains | $32 → $36 | -15.89% | Jun 28, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +5.14% | Jun 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +5.14% | May 9, 2024 |
Financial Forecast
Revenue This Year
670.83M
from 572.39M
Increased by 17.20%
Revenue Next Year
763.96M
from 670.83M
Increased by 13.88%
EPS This Year
0.57
from -0.09
EPS Next Year
0.70
from 0.57
Increased by 24.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 693.8M | 815.8M | 957.2M |
| Avg | 670.8M | 764.0M | 888.2M |
| Low | 643.8M | 720.5M | 823.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.2% | 21.6% | 25.3% |
| Avg | 17.2% | 13.9% | 16.3% |
| Low | 12.5% | 7.4% | 7.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.62 | 0.83 | 1.13 |
| Avg | 0.57 | 0.70 | 0.97 |
| Low | 0.40 | 0.49 | 0.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 46.4% | 60.3% |
| Avg | - | 24.2% | 38.1% |
| Low | - | -13.5% | 12.8% |
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.