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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 3 | 3 | 3 | 3 | 3 | 3 |
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 | 9 | 9 | 9 | 9 |
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 | Sell → Hold Upgrades $23 → $40 | Sell → 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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.