The latest price target for Vertex (NASDAQ:VERX) was reported by JMP Securities on July 31, 2024. The analyst firm set a price target for $47.00 expecting VERX to rise to within 12 months (a possible 29.19% upside). 23 analyst firms have reported ratings in the last year.

The latest analyst rating for Vertex (NASDAQ:VERX) was provided by JMP Securities, and Vertex maintained their market outperform rating.

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.

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.

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 July 31, 2024 so you should expect the next rating to be made available sometime around July 31, 2025.

While ratings are subjective and will change, the latest Vertex (VERX) rating was a maintained with a price target of $42.00 to $47.00. The current price Vertex (VERX) is trading at is $36.38, which is out of the analyst’s predicted range.