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Vertex

VERXNASDAQ
Logo brought to you by Benzinga Data
$53.53
-0.06-0.11%
At close: -
$53.53
0.000500.00%
After Hours: Dec 20, 4:01 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$62.00
Lowest Price Target1
$29.00
Consensus Price Target1
$51.50

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

Vertex Inc has a consensus price target of $51.5 based on the ratings of 12 analysts. The high is $62 issued by Morgan Stanley on November 13, 2024. The low is $29 issued by Raymond James on November 10, 2023. The 3 most-recent analyst ratings were released by Stifel, Citigroup, and JMP Securities on December 18, 2024, December 16, 2024, and December 9, 2024, respectively. With an average price target of $57.67 between Stifel, Citigroup, and JMP Securities, there's an implied 7.73% upside for Vertex Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
1
Jul
6
1
Nov
1
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
Citigroup
JMP Securities
Morgan Stanley
BMO Capital

1calculated from analyst ratings

Analyst Ratings for Vertex

Data brought to you by Benzinga APIs

FAQ

Q

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

A

The latest price target for Vertex (NASDAQ:VERX) was reported by Stifel on December 18, 2024. The analyst firm set a price target for $58.00 expecting VERX to rise to within 12 months (a possible 8.35% upside). 29 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 Stifel, and Vertex maintained their buy rating.

Q

When was the last upgrade for Vertex (VERX)?

A

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.

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 December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 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 $52.00 to $58.00. The current price Vertex (VERX) is trading at is $53.53, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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