Wall Street analysts forecast VERX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VERX is 28.15 USD with a low forecast of 23.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
Wall Street analysts forecast VERX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VERX is 28.15 USD with a low forecast of 23.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
6 Hold
0 Sell
Moderate Buy
Current: 19.460
Low
23.00
Averages
28.15
High
37.00
Current: 19.460
Low
23.00
Averages
28.15
High
37.00
Goldman Sachs
Buy
to
Buy
downgrade
$43 -> $28
2025-11-05
Reason
Goldman Sachs
Price Target
$43 -> $28
2025-11-05
downgrade
Buy
to
Buy
Reason
Goldman Sachs lowered the firm's price target on Vertex to $28 from $43 and keeps a Buy rating on the shares.
Stifel
Brad Reback
Hold
downgrade
$28 -> $23
2025-11-04
Reason
Stifel
Brad Reback
Price Target
$28 -> $23
2025-11-04
downgrade
Hold
Reason
Stifel analyst Brad Reback lowered the firm's price target on Vertex to $23 from $28 and keeps a Hold rating, noting that shares traded off about 10% as management reduced the FY25 revenue guidance for the second straight quarter, stemming from a combination of factors. Given the company's FY25 exit subscription growth rate of about 10%, the potential for lingering growth headwinds and the likelihood new senior management will effectively reset future expectations, the firm believes Street sub-revenue growth estimates are "too high across the board" and believes an 8%-10% sub-rev growth-rate would be a fairly de-risked starting point, the analyst tells investors.
BMO Capital
Daniel Jester
Market Perform
downgrade
$30 -> $24
2025-11-04
Reason
BMO Capital
Daniel Jester
Price Target
$30 -> $24
2025-11-04
downgrade
Market Perform
Reason
BMO Capital analyst Daniel Jester lowered the firm's price target on Vertex to $24 from $30 and keeps a Market Perform rating on the shares. The company's Q3 results showcased challenges on several points of the growth framework, which collectively are shaving a few points from ARR growth and making 2028 re-acceleration framework from March appear steeper, the analyst tells investors in a research note.
DA Davidson
Gil Luria
Neutral
downgrade
$29 -> $23
2025-11-04
Reason
DA Davidson
Gil Luria
Price Target
$29 -> $23
2025-11-04
downgrade
Neutral
Reason
DA Davidson analyst Gil Luria lowered the firm's price target on Vertex to $23 from $29 and keeps a Neutral rating on the shares. The company reported results in-line with its preliminary announcement though reduced its FY25 outlook as one-time in nature events created new headwinds to the business, the analyst tells investors in a research note.
About VERX
Vertex, Inc. is a global provider of indirect tax solutions. The Company and its subsidiaries operate as solutions providers of state, local and value-added tax calculation, compliance, and analytics, offering software products that are sold through software licenses and software-as-a-service (cloud) subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. Its software includes tax determination, compliance and reporting, tax data management and document management tools, analytics and insights, as well as pre-built integrations with business applications. Its tax-determination solutions enable real-time calculation of indirect taxes and applicable fees for sale and purchase transactions. Its compliance and reporting solutions enable the automation of signature-ready returns and remittance of indirect tax to appropriate jurisdictions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
