Vertex, Inc. (VERX)

Market Cap	5.89B
Revenue (ttm)	687.06M
Net Income (ttm)	-44.28M
Shares Out	158.49M
EPS (ttm)	-0.28
PE Ratio	n/a
Forward PE	56.09
Dividend	n/a
Ex-Dividend Date	n/a

Volume	687,638
Open	39.32
Previous Close	38.33
Day's Range	36.56 - 39.80
52-Week Range	28.04 - 60.71
Beta	0.78
Analysts	Buy
Price Target	50.40 (+35.7%)
Earnings Date	May 7, 2025

About VERX

Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools; tax data management and document managementsolutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs,...

• Industry: Software - Application
• Sector: Technology
• IPO Date: Jul 29, 2020
• Employees: 1,900
• Stock Exchange: NASDAQ
• Ticker Symbol: VERX
• Website: https://www.vertexinc.com

Financial Performance

In 2024, Vertex's revenue was $666.78 million, an increase of 16.49% compared to the previous year's $572.39 million. Losses were -$52.73 million, 302.7% more than in 2023.

Analyst Forecast

According to 11 analysts, the average rating for VERX stock is "Buy." The 12-month stock price forecast is $50.4, which is an increase of 35.70% from the latest price.

Price Target

$50.4

(35.70% upside)

Analyst Consensus: Buy