Vertex, Inc. (VERX)
NASDAQ: VERX · Real-Time Price · USD
53.53
-0.06 (-0.11%)
Dec 20, 2024, 4:00 PM EST - Market closed

Vertex Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Vertex stock have an average target of 53.55, with a low estimate of 34 and a high estimate of 62. The average target predicts an increase of 0.04% from the current stock price of 53.53.

Analyst Consensus: Buy
Target Low Average Median High
Price $34 $53.55 $57 $62
Change -36.48% +0.04% +6.48% +15.82%

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 222244
Buy 555544
Hold 444433
Sell 000000
Strong Sell 000000
Total 111111111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$52$58
Strong Buy Maintains $52$58 +8.35% Dec 18, 2024
Citigroup
Citigroup
Hold
Maintains
$46$54
Hold Maintains $46$54 +0.88% Dec 16, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$61
Buy Reiterates $61 +13.95% Dec 9, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$50$62
Buy Maintains $50$62 +15.82% Nov 13, 2024
Stifel
Stifel
Strong Buy
Maintains
$41$52
Strong Buy Maintains $41$52 -2.86% Nov 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
678.54M
from 572.39M
Increased by 18.55%
Revenue Next Year
777.58M
from 678.54M
Increased by 14.60%
EPS This Year
0.61
from -0.09
EPS Next Year
0.71
from 0.61
Increased by 15.60%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
321.50M374.67M425.55M491.62M572.39M678.54M777.58M892.99M
Revenue Growth
18.02%16.54%13.58%15.53%16.43%18.55%14.60%14.84%
EPS
0.26-0.57-0.01-0.08-0.090.610.710.92
EPS Growth
------15.60%30.21%
Forward PE
-----87.5475.7358.16
No. Analysts -----141411
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 699.5M 821.3M 961.7M
Avg 678.5M 777.6M 893.0M
Low 651.3M 736.0M 828.3M

Revenue Growth

Revenue Growth 202420252026
High
22.2%
21.0%
23.7%
Avg
18.5%
14.6%
14.8%
Low
13.8%
8.5%
6.5%

EPS Forecast

EPS 202420252026
High 0.64 0.80 1.03
Avg 0.61 0.71 0.92
Low 0.58 0.59 0.81

EPS Growth

EPS Growth 202420252026
High -
30.5%
45.6%
Avg -
15.6%
30.2%
Low -
-4.2%
15.1%
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.