VERX

Vertex Inc

Add to Watchlist

Advanced Chart

25.670

-1.82(-6.621%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

27.800

Open

27.500

VWAP

25.91

Vol

3.06M

Mkt Cap

4.09B

Low

25.410

Amount

79.27M

EV/EBITDA(TTM)

49.58

Total Shares

155.11M

4.44B

EV/OCF(TTM)

30.95

P/S(TTM)

6.19

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

200.09M

+13%

0.166

+10.54%

199.58M

+11.84%

0.176

+17.27%

191.95M

+12.63%

0.153

-4.66%

Estimates Revision

The market is revising Upward the revenue expectations for Vertex, Inc. (VERX) for FY2025, with the revenue forecasts being adjusted by 0.01% over the past three months. During the same period, the stock price has changed by -33.03%.

Revenue Estimates for FY2025

Revise Upward

+0.01%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-1.36%

In Past 3 Month

Stock Price

Go Down

-33.03%

In Past 3 Month

10 Analyst Rating

88.94% Upside

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 48.50 USD with a low forecast of 40.00 USD and a high forecast of 60.00 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.

7 Buy

3 Hold

0 Sell

Moderate Buy

88.94% Upside

Current: 25.670

Low

40.00

Averages

48.50

High

60.00

88.94% Upside

Current: 25.670

Low

40.00

Averages

48.50

High

60.00

Citizens JMP

Patrick Walravens

Outperform -> Outperform

downgrade

$61 -> $50

2025-08-07

New

Reason

Citizens JMP

Patrick Walravens

Price Target

$61 -> $50

2025-08-07

New

downgrade

Outperform -> Outperform

Reason

Citizens JMP analyst Patrick Walravens lowered the firm's price target on Vertex to $50 from $61 and keeps an Outperform rating on the shares. The company reported disappointing Q2 results and it lowered its 2025 outlook, the analyst tells investors in a research note. Despite the softness, Vertex is not stepping back from the long-term outlook provided at its investor day, the analyst tells investors in a research note.

DA Davidson

Buy -> Neutral

downgrade

$50 -> $29

2025-08-07

New

Reason

DA Davidson

Price Target

$50 -> $29

2025-08-07

New

downgrade

Buy -> Neutral

Reason

DA Davidson assumed and downgraded Vertex to Neutral from Buy with a price target of $29, down from $50. The company's Q2 results were in-line but the guide for FY25 was revised down given the uncertain macro, even though the long-term growth outlook remains on track, driven by the ongoing ERP upgrade cycle, the analyst tells investors in a research note. To combat the cost pressures and macro, the company is reducing planned head count growth, which should give a better expense trajectory for 2026 and beyond, the firm added.

Citi

Neutral

maintain

$39 -> $40

2025-07-16

Reason

Citi

Price Target

$39 -> $40

2025-07-16

maintain

Neutral

Reason

Citi raised the firm's price target on Vertex to $40 from $39 and keeps a Neutral rating on the shares as part of a Q2 preview for the application software. The firm sees achievable estimates with a relatively low bar heading into earnings.

Piper Sandler

Brent Bracelin

initiated

$48

2025-06-17

Reason

Piper Sandler

Brent Bracelin

Price Target

$48

2025-06-17

initiated

Reason

Piper Sandler analyst Brent Bracelin initiated coverage of Vertex with an Overweight rating and $48 price target.

Piper Sandler

Brent Bracelin

Overweight

initiated

$48

2025-06-17

Reason

Piper Sandler

Brent Bracelin

Price Target

$48

2025-06-17

initiated

Overweight

Reason

Piper Sandler analyst Brent Bracelin initiated coverage of Vertex with an Overweight rating and $48 price target. The company has proven business model with low churn that is operating at a $700M-plus run-rate scale with multiple upside tailwinds that could reaccelerate sales growth from 13% in Q1 to 15-20% through 2030, the analyst tells investors in a research note. Piper believes company-specific catalysts that could reaccelerate Vertex's growth include accelerating cloud enterprise resource planning adoption at key partners SAP and Oracle, broader product cross-sell and upsell, and steady new customer logo additions.

BofA

Brad Sills

Neutral

downgrade

$45 -> $42

2025-05-08

Reason

BofA

Brad Sills

Price Target

$45 -> $42

2025-05-08

downgrade

Neutral

Reason

BofA analyst Brad Sills lowered the firm's price target on Vertex to $42 from $45 and keeps a Neutral rating on the shares following what the firm calls "somewhat mixed" and "uninspiring" Q1 results. Net retention held flat from Q4 at 109%, which affirms the belief that reacceleration may take some time, the analyst tells investors.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Vertex Inc (VERX.O) is 38.06, compared to its 5-year average forward P/E of 65.22. For a more detailed relative valuation and DCF analysis to assess Vertex Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

65.22

Current PE

38.06

Overvalued PE

87.88

Undervalued PE

42.57

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

36.40

Current EV/EBITDA

25.98

Overvalued EV/EBITDA

47.36

Undervalued EV/EBITDA

25.43

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

6.80

Current PS

5.48

Overvalued PS

9.15

Undervalued PS

4.45