Vertex, Inc. (VERX)
NASDAQ: VERX · IEX Real-Time Price · USD
37.92
+0.69 (1.85%)
At close: Jul 19, 2024, 4:00 PM
38.00
+0.08 (0.21%)
Pre-market: Jul 22, 2024, 6:47 AM EDT
Vertex Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Vertex stock have an average target of 36.7, with a low estimate of 29 and a high estimate of 45. The average target predicts a decrease of -3.22% from the current stock price of 37.92.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 4 | 4 | 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 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $32 → $36 | Hold | Maintains | $32 → $36 | -5.06% | Jun 28, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +18.67% | Jun 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +18.67% | May 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +18.67% | May 6, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $42 | Buy | Reiterates | $42 | +10.76% | Apr 23, 2024 |
Financial Forecast
Revenue This Year
669.90M
from 572.39M
Increased by 17.04%
Revenue Next Year
764.09M
from 669.90M
Increased by 14.06%
EPS This Year
0.53
from -0.09
EPS Next Year
0.69
from 0.53
Increased by 28.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 697.0M | 818.2M | 960.4M |
| Avg | 669.9M | 764.1M | 912.6M |
| Low | 641.3M | 722.7M | 862.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.8% | 22.1% | 25.7% |
| Avg | 17.0% | 14.1% | 19.4% |
| Low | 12.0% | 7.9% | 12.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.61 | 0.82 | 1.13 |
| Avg | 0.53 | 0.69 | 1.05 |
| Low | 0.41 | 0.51 | 0.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 53.2% | 64.1% |
| Avg | - | 28.4% | 53.2% |
| Low | - | -4.7% | 41.3% |
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.