Vertex, Inc. (VERX)
NASDAQ: VERX · IEX Real-Time Price · USD
31.76
+1.10 (3.59%)
At close: Mar 28, 2024, 4:00 PM
32.00
+0.24 (0.76%)
After-hours: Mar 28, 2024, 6:19 PM EDT

Vertex Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Vertex stock have an average target of 35.78, with a low estimate of 27 and a high estimate of 45. The average target predicts an increase of 12.66% from the current stock price of 31.76.

Analyst Consensus: Buy
Target Low Average Median High
Price $27 $35.78 $35 $45
Change -14.99% +12.66% +10.20% +41.69%

Analyst Ratings

The average analyst rating for Vertex stock from 9 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 333333
Hold 444444
Sell 000000
Strong Sell 000000
Total 999999

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$33$39
Strong Buy Maintains $33$39 +22.80% Mar 4, 2024
JMP Securities
JMP Securities
Buy
Maintains
$31$42
Buy Maintains $31$42 +32.24% Mar 1, 2024
B of A Securities
B of A Securities
Hold
Upgrades
$23$40
Hold Upgrades $23$40 +25.94% Mar 1, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$33$39
Strong Buy Maintains $33$39 +22.80% Mar 1, 2024
BMO Capital
BMO Capital
Hold
Maintains
$30$35
Hold Maintains $30$35 +10.20% Mar 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
666.86M
from 572.39M
Increased by 16.51%
Revenue Next Year
755.18M
from 666.86M
Increased by 13.24%
EPS This Year
0.54
from -0.09
EPS Next Year
0.70
from 0.54
Increased by 30.17%
Year 201920202021202220232024202520262027
Revenue
321.50M374.67M425.55M491.62M572.39M666.86M755.18M912.99M905.86M
Revenue Growth
18.02%16.54%13.58%15.53%16.43%16.51%13.24%20.90%-0.78%
EPS
0.25-0.57-0.01-0.08-0.090.540.701.08-
EPS Growth
------30.17%54.74%-
No. Analysts -----131153
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 694.8M 816.6M 959.6M 932.5M
Avg 666.9M 755.2M 913.0M 905.9M
Low 617.9M 642.0M 857.4M 870.3M

Revenue Growth

Revenue Growth 2024202520262027
High
21.4%
22.5%
27.1%
2.1%
Avg
16.5%
13.2%
20.9%
-0.8%
Low
7.9%
-3.7%
13.5%
-4.7%

EPS Forecast

EPS 202420252026
High 0.68 0.92 1.22
Avg 0.54 0.70 1.08
Low 0.41 0.51 0.98

EPS Growth

EPS Growth 202420252026
High -
72.0%
74.2%
Avg -
30.2%
54.7%
Low -
-5.1%
40.1%
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.