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NASDAQ: VERX
Vertex Inc Stock Forecast, Predictions & Price Target

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Analyst price target for VERX

Based on 7 analysts offering 12 month price targets for Vertex Inc.
Min Forecast
$10.00-26.85%
Avg Forecast
$17.21+25.93%
Max Forecast
$28.00+104.83%

Should I buy or sell VERX stock?

Based on 7 analysts offering ratings for Vertex Inc.
Hold
Strong Buy
1 analysts 14.29%
Buy
2 analysts 28.57%
Hold
2 analysts 28.57%
Sell
1 analysts 14.29%
Strong Sell
1 analysts 14.29%

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VERX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Bottom 29%
29
HoldInitiates Coverage On$15.00+9.73%2022-09-01
Morgan Stanley
Top 4%
97
Strong SellMaintains$10.00-26.85%2022-07-14
Jefferies
Bottom 8%
8
Strong BuyMaintains$13.50-1.24%2022-05-23
JMP Securities
Bottom 2%
2
BuyMaintains$28.00+104.83%2022-03-10
Needham
Bottom 11%
11
BuyMaintains$19.00+38.99%2022-03-10
BMO Capital
Top 34%
67
HoldInitiates Coverage On$15.00+9.73%2022-02-01
Bank of America
Top 3%
98
SellDowngrades$20.00+46.31%2021-10-04

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Forecast return on equity

Is VERX forecast to generate an efficient return?
Company
N/A
Industry
18.73%
Market
121.74%

Forecast return on assets

Is VERX forecast to generate an efficient return on assets?
Company
N/A
Industry
4.82%

VERX earnings per share forecast

What is VERX's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$0.17
Avg 2 year Forecast
$0.25
Avg 3 year Forecast
$0.04

VERX revenue forecast

What is VERX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$481.9M+5.53%
Avg 2 year Forecast
$543.9M+19.1%
Avg 3 year Forecast
$613.7M+34.41%
VERX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

VERX revenue growth forecast

How is VERX forecast to perform vs Software - Application companies and vs the US market?
Company
10.22%
Industry
16.66%
Market
8.59%
VERX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
VERX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

VERX vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
VERX$13.67$17.21+25.93%Hold
PD$23.07$35.00+51.71%Buy
FROG$22.11$37.50+69.61%Strong Buy
GETY$6.79$8.13+19.66%Hold
PRGS$42.55$55.40+30.20%Buy

Vertex Stock Forecast FAQ

Is Vertex Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: VERX) stock is to Hold VERX stock.

Out of 7 analysts, 1 (14.29%) are recommending VERX as a Strong Buy, 2 (28.57%) are recommending VERX as a Buy, 2 (28.57%) are recommending VERX as a Hold, 1 (14.29%) are recommending VERX as a Sell, and 1 (14.29%) are recommending VERX as a Strong Sell.

If you're new to stock investing, here's how to buy Vertex stock.

What is VERX's earnings growth forecast for 2022-2024?

(NASDAQ: VERX) Vertex's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 26.32%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Vertex's earnings in 2022 is -$10,429,000.On average, 3 Wall Street analysts forecast VERX's earnings for 2022 to be $25,455,710, with the lowest VERX earnings forecast at $16,471,342, and the highest VERX earnings forecast at $35,937,473. On average, 3 Wall Street analysts forecast VERX's earnings for 2023 to be $37,434,868, with the lowest VERX earnings forecast at $16,471,342, and the highest VERX earnings forecast at $68,880,157.

In 2024, VERX is forecast to generate $5,989,579 in earnings, with the lowest earnings forecast at $5,989,579 and the highest earnings forecast at $5,989,579.

What is VERX's revenue growth forecast for 2022-2024?

(NASDAQ: VERX) Vertex's forecast annual revenue growth rate of 10.22% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.66%, and while it is forecast to beat the US market's average forecast revenue growth rate of 8.59%.

Vertex's revenue in 2022 is $456,634,000.On average, 4 Wall Street analysts forecast VERX's revenue for 2022 to be $72,159,152,078, with the lowest VERX revenue forecast at $71,875,395,778, and the highest VERX revenue forecast at $72,414,008,659. On average, 4 Wall Street analysts forecast VERX's revenue for 2023 to be $81,438,656,897, with the lowest VERX revenue forecast at $80,625,571,564, and the highest VERX revenue forecast at $82,132,100,392.

In 2024, VERX is forecast to generate $91,901,103,545 in revenue, with the lowest revenue forecast at $90,110,219,460 and the highest revenue forecast at $93,691,987,630.

What is VERX's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: VERX) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 4.82%.

What is VERX's Price Target?

According to 7 Wall Street analysts that have issued a 1 year VERX price target, the average VERX price target is $17.21, with the highest VERX stock price forecast at $28.00 and the lowest VERX stock price forecast at $10.00.

On average, Wall Street analysts predict that Vertex's share price could reach $17.21 by Sep 1, 2023. The average Vertex stock price prediction forecasts a potential upside of 25.93% from the current VERX share price of $13.67.

What is VERX's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: VERX) Vertex's current Earnings Per Share (EPS) is -$0.07. On average, analysts forecast that VERX's EPS will be $0.17 for 2022, with the lowest EPS forecast at $0.11, and the highest EPS forecast at $0.24. On average, analysts forecast that VERX's EPS will be $0.25 for 2023, with the lowest EPS forecast at $0.11, and the highest EPS forecast at $0.46. In 2024, VERX's EPS is forecast to hit $0.04 (min: $0.04, max: $0.04).

What is VERX's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: VERX) forecast ROE is N/A, which is considered weak.
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