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Vertex Inc has a consensus price target of $54.25 based on the ratings of 13 analysts. The high is $62 issued by DA Davidson on December 31, 2024. The low is $34 issued by B of A Securities on April 23, 2024. The 3 most-recent analyst ratings were released by DA Davidson, Stifel, and Citigroup on December 31, 2024, December 18, 2024, and December 16, 2024, respectively. With an average price target of $58 between DA Davidson, Stifel, and Citigroup, there's an implied 0.43% upside for Vertex Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Vertex (NASDAQ:VERX) was reported by Raymond James on January 3, 2025. The analyst firm set a price target for $0.00 expecting VERX to fall to within 12 months (a possible -100.00% downside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Vertex (NASDAQ:VERX) was provided by Raymond James, and Vertex downgraded their market perform 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 3, 2025 when Raymond James changed their price target from N/A to N/A 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 January 3, 2025 so you should expect the next rating to be made available sometime around January 3, 2026.
While ratings are subjective and will change, the latest Vertex (VERX) rating was a downgraded with a price target of $0.00 to $0.00. The current price Vertex (VERX) is trading at is $57.75, which is out of the analyst’s predicted range.
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