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Vertex

VERXNASDAQ
$38.00
0.080.21%
Pre-Market: 6:47 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$45.00
Lowest Price Target1
$27.00
Consensus Price Target1
$35.08

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Vertex (NASDAQ:VERX) Stock, Analyst Ratings, Price Targets, Forecasts

Vertex Inc has a consensus price target of $35.08 based on the ratings of 12 analysts. The high is $45 issued by Needham on June 13, 2024. The low is $27 issued by Berenberg on August 25, 2021. The 3 most-recent analyst ratings were released by Citigroup, Needham, and Needham on June 28, 2024, June 13, 2024, and May 9, 2024, respectively. With an average price target of $42 between Citigroup, Needham, and Needham, there's an implied 10.53% upside for Vertex Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Mar
2
Apr
0
0
0
0
May
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Needham
JMP Securities
B of A Securities
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for Vertex

Buy NowGet Alert
06/28/2024Buy Now-5.26%Citigroup
Steven Enders
$32 → $36MaintainsNeutralGet Alert
06/13/2024Buy Now18.42%Needham
Joshua Reilly
$45 → $45ReiteratesBuy → BuyGet Alert
05/09/2024Buy Now18.42%Needham
Joshua Reilly
→ $45ReiteratesBuy → BuyGet Alert
05/06/2024Buy Now18.42%Needham
Joshua Reilly
→ $45ReiteratesBuy → BuyGet Alert
04/23/2024Buy Now10.53%JMP Securities
Patrick Walravens
→ $42ReiteratesMarket Outperform → Market OutperformGet Alert
04/23/2024Buy Now-15.79%Citigroup
Steven Enders
$34 → $32MaintainsNeutralGet Alert
04/23/2024Buy Now-10.53%B of A Securities
Brad Sills
$40 → $34MaintainsNeutralGet Alert
03/04/2024Buy Now2.63%Goldman Sachs
Adam Hotchkiss
$33 → $39MaintainsBuyGet Alert
03/01/2024Buy Now10.53%JMP Securities
Joe Goodwin
$31 → $42MaintainsMarket OutperformGet Alert
03/01/2024Buy Now5.26%B of A Securities
Brad Sills
$23 → $40UpgradeUnderperform → NeutralGet Alert
03/01/2024Buy Now2.63%Goldman Sachs
Adam Hotchkiss
$33 → $39MaintainsBuyGet Alert
03/01/2024Buy Now-7.89%BMO Capital
Daniel Jester
$30 → $35MaintainsMarket PerformGet Alert
03/01/2024Buy Now18.42%Needham
Joshua Reilly
$35 → $45MaintainsBuyGet Alert
03/01/2024Buy Now-7.89%Jefferies
Samad Samana
$27 → $35MaintainsHoldGet Alert
01/16/2024Buy Now-7.89%Needham
Joshua Reilly
→ $35ReiteratesBuy → BuyGet Alert
01/12/2024Buy Now-28.95%Citigroup
Steven Enders
$29 → $27MaintainsNeutralGet Alert
11/10/2023Buy Now-26.32%BMO Capital
Daniel Jester
$24 → $28MaintainsMarket PerformGet Alert
11/10/2023Buy Now-13.16%Goldman Sachs
Adam Hotchkiss
$25 → $33MaintainsBuyGet Alert
11/10/2023Buy Now-21.05%Morgan Stanley
Stan Zlotsky
$25 → $30MaintainsOverweightGet Alert
11/10/2023Buy Now-23.68%Raymond James
Alexander Sklar
$24 → $29MaintainsOutperformGet Alert
11/10/2023Buy Now-7.89%Needham
Joshua Reilly
$25 → $35MaintainsBuyGet Alert
09/18/2023Buy Now-34.21%Morgan Stanley
Stan Zlotsky
→ $25Reinstates → OverweightGet Alert
08/21/2023Buy Now-26.32%JMP Securities
Joe Goodwin
→ $28ReiteratesMarket Outperform → Market OutperformGet Alert
08/10/2023Buy Now-44.74%Citigroup
Steven Enders
$22 → $21MaintainsNeutralGet Alert
08/10/2023Buy Now-42.11%BMO Capital
Daniel Jester
$23 → $22MaintainsMarket PerformGet Alert
08/10/2023Buy Now-34.21%Needham
Joshua Reilly
→ $25ReiteratesBuy → BuyGet Alert
07/21/2023Buy Now-42.11%Citigroup
Steven Enders
$23 → $22MaintainsNeutralGet Alert
05/11/2023Buy Now-39.47%BMO Capital
Daniel Jester
$21 → $23MaintainsMarket PerformGet Alert
05/11/2023Buy Now-26.32%JMP Securities
Joe Goodwin
→ $28ReiteratesMarket Outperform → Market OutperformGet Alert
05/11/2023Buy Now-34.21%Needham
Joshua Reilly
→ $25ReiteratesBuy → BuyGet Alert
05/11/2023Buy Now-36.84%Raymond James
Alexander Sklar
$22 → $24MaintainsOutperformGet Alert
05/11/2023Buy Now-47.37%Jefferies
Samad Samana
$18 → $20MaintainsHoldGet Alert
03/09/2023Buy Now-26.32%JMP Securities
Joe Goodwin
→ $28Reiterates → Market OutperformGet Alert
03/09/2023Buy Now-36.84%Goldman Sachs
Adam Hotchkiss
$21 → $24MaintainsBuyGet Alert
03/09/2023Buy Now-50%BMO Capital
Daniel Jester
$16 → $19MaintainsMarket PerformGet Alert
03/09/2023Buy Now-42.11%Raymond James
Alexander Sklar
$19 → $22MaintainsOutperformGet Alert
03/09/2023Buy Now-47.37%B of A Securities
Brad Sills
$16 → $20UpgradeUnderperform → NeutralGet Alert
03/09/2023Buy Now-34.21%Needham
Joshua Reilly
$19 → $25MaintainsBuyGet Alert
02/09/2023Buy Now-50%Raymond James
Alexander Sklar
→ $19Initiates → OutperformGet Alert
01/05/2023Buy Now-60.53%Jefferies
Samad Samana
$13.5 → $15DowngradeBuy → HoldGet Alert
12/19/2022Buy Now-68.42%Morgan Stanley
Stan Zlotsky
$10 → $12MaintainsUnderweightGet Alert
11/10/2022Buy Now-60.53%BMO Capital
Daniel Jester
$14 → $15MaintainsMarket PerformGet Alert
10/21/2022Buy Now-47.37%Goldman Sachs
Adam Hotchkiss
→ $20Initiates → BuyGet Alert
09/01/2022Buy Now-60.53%Citigroup
Steven Enders
→ $15Initiates → NeutralGet Alert
07/14/2022Buy Now-73.68%Morgan Stanley
Stan Zlotsky
$12 → $10MaintainsUnderweightGet Alert
05/23/2022Buy Now-64.47%Jefferies
Samad Samana
$14.5 → $13.5MaintainsBuyGet Alert
05/11/2022Buy Now-68.42%Morgan Stanley
Stan Zlotsky
$13 → $12MaintainsUnderweightGet Alert
03/10/2022Buy Now-26.32%JMP Securities
Patrick Walravens
$36 → $28MaintainsMarket OutperformGet Alert
03/10/2022Buy Now-50%Needham
Joshua Reilly
$30 → $19MaintainsBuyGet Alert
02/01/2022Buy Now-60.53%BMO Capital
Daniel Jester
→ $15Initiates → Market PerformGet Alert
10/04/2021Buy Now-47.37%B of A Securities
Brad Sills
DowngradeNeutral → UnderperformGet Alert
08/25/2021Buy Now-28.95%Berenberg
Andrew DeGasperi
Initiates → BuyGet Alert
08/24/2021Buy Now-28.95%BerenbergInitiates → BuyGet Alert

FAQ

Q

What is the target price for Vertex (VERX) stock?

A

The latest price target for Vertex (NASDAQ:VERX) was reported by Citigroup on June 28, 2024. The analyst firm set a price target for $36.00 expecting VERX to fall to within 12 months (a possible -5.26% downside). 26 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Vertex (VERX)?

A

The latest analyst rating for Vertex (NASDAQ:VERX) was provided by Citigroup, and Vertex maintained their neutral rating.

Q

When was the last upgrade for Vertex (VERX)?

A

The last upgrade for Vertex Inc happened on March 1, 2024 when B of A Securities raised their price target to $40. B of A Securities previously had an underperform for Vertex Inc.

Q

When was the last downgrade for Vertex (VERX)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Vertex (VERX)?

A

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 June 28, 2024 so you should expect the next rating to be made available sometime around June 28, 2025.

Q

Is the Analyst Rating Vertex (VERX) correct?

A

While ratings are subjective and will change, the latest Vertex (VERX) rating was a maintained with a price target of $32.00 to $36.00. The current price Vertex (VERX) is trading at is $38.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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