$29.30
-0.74[-2.46%]
At close: Apr 22
$29.30
0[0.00%]
PreMarket: 6:03PM EDT
Vertex Stock (NASDAQ:VERX), Analyst Ratings, Price Targets, Predictions
Vertex Inc has a consensus price target of $30.86, established from looking at the 49 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Goldman Sachs, and JMP Securities on April 23, 2024, March 4, 2024, and March 1, 2024. With an average price target of $38.33 between B of A Securities, Goldman Sachs, and JMP Securities, there's an implied 30.83% upside for Vertex Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Goldman Sachs
JMP Securities
BMO Capital
Needham
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Vertex
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/23/2024 | VERX | Buy Now | Vertex | $29.30 | 16.04% | B of A Securities | Brad Sills | $40 → $34 | Maintains | Neutral | Get Alert |
| 03/04/2024 | VERX | Buy Now | Vertex | $29.30 | 33.11% | Goldman Sachs | Adam Hotchkiss | $33 → $39 | Maintains | Buy | Get Alert |
| 03/01/2024 | VERX | Buy Now | Vertex | $29.30 | 43.34% | JMP Securities | Joe Goodwin | $31 → $42 | Maintains | Market Outperform | Get Alert |
| 03/01/2024 | VERX | Buy Now | Vertex | $29.30 | 36.52% | B of A Securities | Brad Sills | $23 → $40 | Upgrade | Underperform → Neutral | Get Alert |
| 03/01/2024 | VERX | Buy Now | Vertex | $29.30 | 33.11% | Goldman Sachs | Adam Hotchkiss | $33 → $39 | Maintains | Buy | Get Alert |
| 03/01/2024 | VERX | Buy Now | Vertex | $29.30 | 19.45% | BMO Capital | Daniel Jester | $30 → $35 | Maintains | Market Perform | Get Alert |
| 03/01/2024 | VERX | Buy Now | Vertex | $29.30 | 53.58% | Needham | Joshua Reilly | $35 → $45 | Maintains | Buy | Get Alert |
| 03/01/2024 | VERX | Buy Now | Vertex | $29.30 | 19.45% | Jefferies | Samad Samana | $27 → $35 | Maintains | Hold | Get Alert |
| 01/16/2024 | VERX | Buy Now | Vertex | $29.30 | 19.45% | Needham | Joshua Reilly | → $35 | Reiterates | Buy → Buy | Get Alert |
| 01/12/2024 | VERX | Buy Now | Vertex | $29.30 | -7.85% | Citigroup | Steven Enders | $29 → $27 | Maintains | Neutral | Get Alert |
| 11/10/2023 | VERX | Buy Now | Vertex | $29.30 | -4.44% | BMO Capital | Daniel Jester | $24 → $28 | Maintains | Market Perform | Get Alert |
| 11/10/2023 | VERX | Buy Now | Vertex | $29.30 | 12.63% | Goldman Sachs | Adam Hotchkiss | $25 → $33 | Maintains | Buy | Get Alert |
| 11/10/2023 | VERX | Buy Now | Vertex | $29.30 | 2.39% | Morgan Stanley | Stan Zlotsky | $25 → $30 | Maintains | Overweight | Get Alert |
| 11/10/2023 | VERX | Buy Now | Vertex | $29.30 | -1.02% | Raymond James | Alexander Sklar | $24 → $29 | Maintains | Outperform | Get Alert |
| 11/10/2023 | VERX | Buy Now | Vertex | $29.30 | 19.45% | Needham | Joshua Reilly | $25 → $35 | Maintains | Buy | Get Alert |
| 09/18/2023 | VERX | Buy Now | Vertex | $29.30 | -14.68% | Morgan Stanley | Stan Zlotsky | → $25 | Reinstates | → Overweight | Get Alert |
| 08/21/2023 | VERX | Buy Now | Vertex | $29.30 | -4.44% | JMP Securities | Joe Goodwin | → $28 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 08/10/2023 | VERX | Buy Now | Vertex | $29.30 | -28.33% | Citigroup | Steven Enders | $22 → $21 | Maintains | Neutral | Get Alert |
| 08/10/2023 | VERX | Buy Now | Vertex | $29.30 | -24.91% | BMO Capital | Daniel Jester | $23 → $22 | Maintains | Market Perform | Get Alert |
FAQ
What is the target price for Vertex (VERX)?
The latest price target for Vertex (NASDAQ: VERX) was reported by B of A Securities on April 23, 2024. The analyst firm set a price target for $34.00 expecting VERX to rise to within 12 months (a possible 16.04% upside). 26 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Vertex (VERX)?
The latest analyst rating for Vertex (NASDAQ: VERX) was provided by B of A Securities, and Vertex maintained their neutral rating.
When was the last upgrade for Vertex (VERX)?
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.
When was the last downgrade for Vertex (VERX)?
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.
When is the next analyst rating going to be posted or updated for Vertex (VERX)?
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 April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.
Is the Analyst Rating Vertex (VERX) correct?
While ratings are subjective and will change, the latest Vertex (VERX) rating was a maintained with a price target of $40.00 to $34.00. The current price Vertex (VERX) is trading at is $29.30, which is out of the analyst’s predicted range.
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