The latest price target for Vertex (NASDAQ:VERX) was reported by Morgan Stanley on November 13, 2024. The analyst firm set a price target for $62.00 expecting VERX to rise to within 12 months (a possible 18.55% upside). 26 analyst firms have reported ratings in the last year.

The latest analyst rating for Vertex (NASDAQ:VERX) was provided by Morgan Stanley, and Vertex maintained their overweight rating.

The last upgrade for Vertex Inc happened on November 4, 2024 when Jefferies raised their price target to $50. Jefferies previously had a hold for Vertex Inc.

The last downgrade for Vertex Inc happened on January 5, 2023 when Jefferies changed their price target from $13.5 to $15 for Vertex Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Vertex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Vertex was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.

While ratings are subjective and will change, the latest Vertex (VERX) rating was a maintained with a price target of $50.00 to $62.00. The current price Vertex (VERX) is trading at is $52.30, which is within the analyst’s predicted range.