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

Analyst price target for VERX

Based on 10 analysts offering 12 month price targets for Vertex Inc.
Min Forecast
$29.00-1.79%
Avg Forecast
$36.30+22.93%
Max Forecast
$45.00+52.39%

Should I buy or sell VERX stock?

Based on 10 analysts offering ratings for Vertex Inc.
Buy
Strong Buy
2 analysts 20%
Buy
4 analysts 40%
Hold
4 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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VERX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-03-04
lockedlocked$00.00+00.00%2024-03-01
BMO Capital
Top 13%
88
HoldMaintains$35.00+18.52%2024-03-01
Needham
Top 33%
68
BuyMaintains$45.00+52.39%2024-03-01
Jefferies
Bottom 7%
7
HoldMaintains$35.00+18.52%2024-03-01
Morgan Stanley
Top 7%
94
Strong BuyMaintains$30.00+1.59%2023-11-10
Raymond James
Top 9%
92
BuyMaintains$29.00-1.79%2023-11-10

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Forecast return on equity

Is VERX forecast to generate an efficient return?
Company
N/A
Industry
0.29%
Market
19.19%

Forecast return on assets

Is VERX forecast to generate an efficient return on assets?
Company
N/A
Industry
0.19%

VERX revenue forecast

What is VERX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$655.7M+14.56%
Avg 2 year Forecast
$747.3M+30.56%
Avg 3 year Forecast
$896.5M+56.62%
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
15.24%
Industry
13.86%
Market
9.08%
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$29.53$36.30+22.93%Buy
FROG$41.99$42.56+1.35%Strong Buy
WK$80.62$97.67+21.14%Buy
CVLT$98.30$103.00+4.78%Buy
BRZE$41.71$65.00+55.84%Strong Buy

Vertex Stock Forecast FAQ

Is Vertex Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: VERX) stock is to Buy VERX stock.

Out of 10 analysts, 2 (20%) are recommending VERX as a Strong Buy, 4 (40%) are recommending VERX as a Buy, 4 (40%) are recommending VERX as a Hold, 0 (0%) are recommending VERX as a Sell, and 0 (0%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: VERX) Vertex's forecast annual revenue growth rate of 15.24% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.86%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.08%.

Vertex's revenue in 2024 is $572,387,000.On average, 4 Wall Street analysts forecast VERX's revenue for 2024 to be $101,203,669,437, with the lowest VERX revenue forecast at $100,888,518,215, and the highest VERX revenue forecast at $101,799,092,266. On average, 4 Wall Street analysts forecast VERX's revenue for 2025 to be $115,337,322,062, with the lowest VERX revenue forecast at $113,358,752,683, and the highest VERX revenue forecast at $118,099,911,134.

In 2026, VERX is forecast to generate $138,359,412,107 in revenue, with the lowest revenue forecast at $138,359,412,107 and the highest revenue forecast at $138,359,412,107.

What is VERX's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: VERX) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.19%.

What is VERX's Price Target?

According to 10 Wall Street analysts that have issued a 1 year VERX price target, the average VERX price target is $36.30, with the highest VERX stock price forecast at $45.00 and the lowest VERX stock price forecast at $29.00.

On average, Wall Street analysts predict that Vertex's share price could reach $36.30 by Apr 23, 2025. The average Vertex stock price prediction forecasts a potential upside of 22.93% from the current VERX share price of $29.53.

What is VERX's forecast return on equity (ROE) for 2024-2026?

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