Vertex Expands AI Tax Compliance Partnership with CPA.com and Kintsugi
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 05 2025
0mins
Source: Globenewswire
- Partnership Expansion: Vertex's collaboration with CPA.com and Kintsugi has expanded to include an AI-driven sales tax compliance solution, aimed at helping accounting firms of all sizes achieve automation and accuracy, thereby enhancing client service efficiency.
- Technological Innovation: The new application simplifies the sales tax compliance process through automated registration and filing, which is expected to significantly reduce compliance costs for mid-market and SMB firms, enhancing their competitive edge in the market.
- Market Opportunities: This partnership not only provides accounting firms with flexible collaboration models but also helps them expand multi-jurisdictional client bases and unlock new advisory revenue opportunities through real-time monitoring and accuracy controls.
- Industry Showcase: Vertex will showcase this enhanced application at the upcoming Digital CPA Conference, further solidifying its leadership position in tax compliance and attracting more clients to its innovative solutions.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy VERX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on VERX
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 27.42 USD with a low forecast of 22.00 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.
13 Analyst Rating
7 Buy
6 Hold
0 Sell
Moderate Buy
Current: 18.550
Low
22.00
Averages
27.42
High
37.00
Current: 18.550
Low
22.00
Averages
27.42
High
37.00
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.
Hyperion Capital Establishes $13.39M Position in Vertex (VERX)
- New Investment Position: Hyperion Capital has established a new position in Vertex by acquiring 540,000 shares valued at approximately $13.39 million, increasing its reportable positions to 62, which indicates confidence in the company's potential.
- Asset Allocation Increase: This new stake represents 7.16% of Hyperion's reported U.S. equity assets as of September 30, reflecting a strategic intent to diversify investments, particularly in the current market climate.
- Market Performance Comparison: Despite Vertex's stock price plummeting 63% over the past year, the latest quarter saw a 12.7% year-over-year revenue increase to $192.1 million, demonstrating resilience in the company's fundamentals.
- Share Repurchase Program Initiation: Vertex has authorized its first-ever $150 million share repurchase program and ended the quarter with over $313 million in cash, providing the company with the flexibility to navigate market volatility effectively.
Continue Reading
Vertex Stock: Reasons Behind One Fund Increasing Its $94.3 Million Stake Despite Declining Shares
Tensile Capital Management's Stake in Vertex: Tensile Capital Management increased its position in Vertex by 160,559 shares in Q3, bringing its total to 3.8 million shares valued at $94.3 million, making it the fund's largest holding.
Market Value Decline: Despite the increase in shares, the market value of Tensile's position fell by approximately $34.4 million, with Vertex shares trading 65% lower than in January.
Vertex's Financial Performance: Vertex reported double-digit revenue growth, including a 12.7% increase in overall revenue and a 29.6% rise in cloud revenue, alongside a new $150 million share-repurchase program.
Investment Outlook: The significant drop in Vertex's stock price presents a contrarian investment opportunity, as the company maintains strong fundamentals, including $648 million in annual recurring revenue and a 107% net revenue retention rate.
Continue Reading