NASDAQ:VERX - Vertex Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $30.70
  • Forecasted Upside: 36.26 %
  • Number of Analysts: 9
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$22.53
▲ +0.42 (1.90%)
1 month | 3 months | 12 months
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Analyst Price Target for VERX

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$30.70
▲ +36.26% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Vertex in the last 3 months. The average price target is $30.70, with a high forecast of $35.00 and a low forecast of $18.00. The average price target represents a 36.26% upside from the last price of $22.53.
Hold
The current consensus among 9 contributing investment analysts is to hold stock in Vertex.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/30/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
1/22/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
4/22/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/13/2021Morgan StanleyReiterated RatingEqual Weight ➝ Underweight$18.00N/A
i
Rating by Stan Zlotsky at Morgan Stanley
4/7/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$18.00High
i
3/5/2021CitigroupLower Price Target$35.00 ➝ $33.00Low
i
12/22/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellBoost Price Target$26.00 ➝ $35.00N/A
i
12/22/2020Smith Barney CitigroupBoost Price Target$26.00 ➝ $35.00Low
i
11/17/2020Needham & Company LLCInitiated CoverageBuy$30.00High
i
11/12/2020Morgan StanleyLower Price TargetEqual Weight$23.00 ➝ $21.00Low
i
9/14/2020CitigroupLower Price TargetNeutral$29.00 ➝ $26.00Low
i
8/24/2020Bank of AmericaInitiated CoverageNeutral$32.00High
i
8/24/2020JMP SecuritiesInitiated CoverageOutperform$33.00High
i
8/24/2020CitigroupInitiated CoverageNeutral$29.00High
i
8/24/2020Jefferies Financial GroupInitiated CoverageBuy$34.00High
i
8/24/2020William BlairInitiated CoverageOutperformHigh
i
Rating by B. Suri at William Blair
8/24/2020Morgan StanleyInitiated CoverageEqual Weight$23.00High
i
8/24/2020Stifel NicolausInitiated CoverageBuy$31.00High
i
8/23/2020The Goldman Sachs GroupInitiated CoverageNeutral$26.00Medium
i
(Data available from 4/22/2016 forward)
Vertex logo
Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
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Today's Range

Now: $22.53
$21.94
$22.78

50 Day Range

MA: $24.48
$20.07
$31.27

52 Week Range

Now: $22.53
$19.39
$39.71

Volume

134,865 shs

Average Volume

325,687 shs

Market Capitalization

$3.30 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Vertex?

The following Wall Street sell-side analysts have issued reports on Vertex in the last twelve months: Bank of America Co., Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Jefferies Financial Group Inc., JMP Securities, Morgan Stanley, Needham & Company LLC, Smith Barney Citigroup, Stifel Nicolaus, The Goldman Sachs Group, Inc., William Blair, and Zacks Investment Research.
View the latest analyst ratings for VERX.

What is the current price target for Vertex?

10 Wall Street analysts have set twelve-month price targets for Vertex in the last year. Their average twelve-month price target is $30.70, suggesting a possible upside of 38.9%. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell has the highest price target set, predicting VERX will reach $35.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $18.00 for Vertex in the next year.
View the latest price targets for VERX.

What is the current consensus analyst rating for Vertex?

Vertex currently has 1 sell rating, 3 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in VERX, but not buy more shares or sell existing shares.
View the latest ratings for VERX.

What other companies compete with Vertex?

How do I contact Vertex's investor relations team?

Vertex's physical mailing address is 2301 RENAISSANCE BOULEVARD, KING OF PRUSSIA PA, 19406. The company's listed phone number is 800-355-3500 and its investor relations email address is [email protected] The official website for Vertex is www.vertexinc.com.