Vertex, Inc. (VERX)
NASDAQ: VERX · Real-Time Price · USD
52.31
+1.11 (2.17%)
Nov 20, 2024, 4:00 PM EST - Market open
Vertex Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Vertex stock have an average target of 51.36, with a low estimate of 34 and a high estimate of 62. The average target predicts a decrease of -1.82% from the current stock price of 52.31.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 4 |
| Buy | 4 | 5 | 5 | 5 | 5 | 4 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $50 → $62 | Buy | Maintains | $50 → $62 | +18.52% | Nov 13, 2024 |
| Stifel | Stifel | Strong Buy Maintains $41 → $52 | Strong Buy | Maintains | $41 → $52 | -0.59% | Nov 7, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $47 → $61 | Buy | Maintains | $47 → $61 | +16.61% | Nov 7, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $42 → $52 | Hold | Maintains | $42 → $52 | -0.59% | Nov 7, 2024 |
| Baird | Baird | Buy Maintains $43 → $57 | Buy | Maintains | $43 → $57 | +8.97% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
675.80M
from 572.39M
Increased by 18.07%
Revenue Next Year
774.07M
from 675.80M
Increased by 14.54%
EPS This Year
0.59
from -0.09
EPS Next Year
0.70
from 0.59
Increased by 18.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 699.5M | 821.3M | 961.7M |
| Avg | 675.8M | 774.1M | 894.5M |
| Low | 643.9M | 720.5M | 828.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.2% | 21.5% | 24.2% |
| Avg | 18.1% | 14.5% | 15.6% |
| Low | 12.5% | 6.6% | 7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.64 | 0.82 | 1.13 |
| Avg | 0.59 | 0.70 | 0.94 |
| Low | 0.48 | 0.57 | 0.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 39.0% | 63.0% |
| Avg | - | 18.1% | 34.8% |
| Low | - | -3.5% | 16.9% |
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.