Vertex

VERX · NASDAQ

$14.32+$0.79 (+5.84%)TodayMarket closed · Oct 20, 4:10 PM ET

Prev close $13.53

VERX analyst rating

HoldConsensus of 14 analysts over the last 12 months. 43% rate it a buy.

Strong buy0
Buy6
Hold8
Underperform0
Sell0

12-month price target · 16 analysts

Average $17.54 (+22.5% upside)

Low: $12.12
Now: $14.32
High: $26.25

Upgrades and downgrades

The latest rating actions, newest first

VERX analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
TD Cowen	Oct 13, 2026	Maintains	Buy	$16.00 → $15.00	67%
DA Davidson	Aug 4, 2026	Maintains	Neutral	$15.00 → $12.00	43%
Stephens & Co.	Aug 4, 2026	Maintains	Overweight	$20.00 → $18.00	52%
Baird	Aug 4, 2026	Maintains	Outperform	$19.00 → $17.00	52%
Morgan Stanley	Jul 21, 2026	Downgrade	Overweight → Equal-Weight	$19.00 → $15.00	33%
TD Cowen	Jun 29, 2026	Initiates	Buy	$14.00	67%
Citigroup	May 8, 2026	Maintains	Neutral	$15.00 → $16.00	52%
Piper Sandler	May 7, 2026	Maintains	Neutral	$14.00 → $16.00	73%
Citigroup	Feb 12, 2026	Maintains	Neutral	$22.00 → $15.00	52%
BMO Capital	Feb 12, 2026	Maintains	Market Perform	$22.00 → $16.00	51%

The case for and against

Updated Aug 1, 2026

Bull case

Vertex is expected to see continued growth and profitability as a result of its positive top-line beat and its acquisition of Brinta to broaden its reach in Latin America. The company has also maintained its growth guidance for the fiscal year, and remains "steady" with its activity with major partner SAP. Additionally, management has placed a focus on customer success and AI technology to mitigate customer attrition, which is expected to drive cross-sell and upsell revenue in the future.

Bear case

Vertex is projected to see stable numbers in terms of net revenue retention and profitability by only achieving its adjusted EBITDA margin goal in FY27, two years later than originally planned, which has caused doubts about its ability to achieve its previously stated growth targets. This is evident in its lowered price target and forecasted multiple compression, reflecting increased execution risk and a weaker peer group performance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.