Date | Price Target | Rating | Analyst |
---|---|---|---|
7/23/2024 | $43.00 | Outperform | Robert W. Baird |
3/1/2024 | $40.00 | Underperform → Neutral | BofA Securities |
9/18/2023 | $25.00 | Overweight | Morgan Stanley |
3/9/2023 | $16.00 → $20.00 | Underperform → Neutral | BofA Securities |
2/9/2023 | $19.00 | Outperform | Raymond James |
1/5/2023 | $15.00 | Buy → Hold | Jefferies |
10/21/2022 | $20.00 | Buy | Goldman |
9/1/2022 | $15.00 | Neutral | Citigroup |
4 - Vertex, Inc. (0001806837) (Issuer)
4 - Vertex, Inc. (0001806837) (Issuer)
4 - Vertex, Inc. (0001806837) (Issuer)
KING OF PRUSSIA, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, has earned HDI Support Center Certification for six years running. This prestigious recognition, awarded by the HDI, the premier global provider of support center certification and consulting services, highlights Vertex's continued ability to consistently provide excellence in customer support. As the only tax technology provider to achieve this distinction, Vertex reaffirms its ongoing commitment to maintaining a customer-focused approach as the pillar of its business success. "I congratulate the entire Vertex team on achieving HDI
KING OF PRUSSIA, Pa., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, today announced the launch of Vertex for Salesforce Revenue Cloud. This integration brings together Vertex's expertise in tax determination and Salesforce's powerful platform to streamline revenue processes for businesses. According to Gartner®, "growth in B2B digital commerce continues to outpace growth in B2C digital commerce… By 2025, organizations offering a unified commerce experience by frictionlessly moving customers through journeys will see at least a 20% uplift in total revenue."1 Vertex for Salesforce Revenue Cloud provi
KING OF PRUSSIA, Pa., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, has been announced at Oracle CloudWorld the winner in the 2024 Oracle Partner Awards – Best in Class and North American Innovation Category. These awards highlight partners that produced thought-leadership-level solutions that empower Oracle customers to meet their business goals and challenges through the partner's innovative solution. Partners considered for this recognition have developed solutions that integrate multiple Oracle technologies and products and/or have integrated a third-party Oracle technology partner into their so
KING OF PRUSSIA, Pa., April 24, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions and a member of Oracle PartnerNetwork (OPN), today announced that it has been selected to join the Oracle Independent Software Vendor (ISV) Accelerator for SaaS Initiative. With expertise in Oracle Cloud Fusion Cloud Applications integrations, Vertex continues to leverage the power of contract and tax data to optimize customer operations and outcomes. "Building on our longstanding relationship with Oracle, we are thrilled to join the Oracle ISV Accelerator," said Bradd Wildstein, Vice President, Indirect Sales at Vertex, Inc. "Throu
KING OF PRUSSIA, Pa., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, announced today the appointment of three experienced leaders: Mindy Cunningham as SVP, Customer Success and Services; Jessica Nowlin, VP, Tax Research; and Angela Travagline VP, Global Talent and Organizational Effectiveness. The wealth of knowledge and skill set they bring will reinforce the company's strategic focus on customer success, tax research effectiveness and talent development. "These new appointments encompass vital aspects of our operations and are instrumental in Vertex's continuous journey as a leader in the SaaS land
KING OF PRUSSIA, Pa., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, announced today its partnership with Shopify Inc. ((NYSE, TSX:SHOP), a provider of essential internet infrastructure for commerce. This partnership will enable enterprise merchants using the Shopify Tax Platform for business-to-business (B2B) and business-to-consumer (B2C) sales to automate tax calculation and compliance on a global scale. The SaaS-based solution removes barriers to commerce growth and accelerates the transaction process by eliminating the need to manually update complex rates and rules for over 195 countries, inclu
144 - Vertex, Inc. (0001806837) (Subject)
144 - Vertex, Inc. (0001806837) (Subject)
144 - Vertex, Inc. (0001806837) (Subject)
Robert W. Baird initiated coverage of Vertex with a rating of Outperform and set a new price target of $43.00
BofA Securities upgraded Vertex from Underperform to Neutral and set a new price target of $40.00
Morgan Stanley resumed coverage of Vertex with a rating of Overweight and set a new price target of $25.00
Vertex (NASDAQ:VERX) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 1 0 0 2M Ago 1 0 0 0 0 3M Ago 2 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $42.8, a high estimate of $45.00, and a low estimate of $36.00. This current average has increased by 2
Baird analyst Rob Oliver initiates coverage on Vertex (NASDAQ:VERX) with a Outperform rating and announces Price Target of $43.
Citigroup analyst Steven Enders maintains Vertex (NASDAQ:VERX) with a Neutral and raises the price target from $32 to $36.
SC 13G/A - Vertex, Inc. (0001806837) (Subject)
SC 13G/A - Vertex, Inc. (0001806837) (Subject)
SC 13G/A - Vertex, Inc. (0001806837) (Subject)
KING OF PRUSSIA, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced that it has completed the acquisition of ecosio, a leading B2B integration provider specializing in electronic data interchange (EDI) and e-invoicing, as of August 30, 2024. David DeStefano, CEO of Vertex, stated, "We welcome the ecosio team to the Vertex family. E-invoicing is going to change the way international companies handle Value Added Tax compliance and reporting. By integrating ecosio's e-invoicing capabilities together with Vertex's leading indirect tax software platform, we're delivering a comprehen
KING OF PRUSSIA, Pa., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, today announced the acquisition of ecosio, a leading B2B integration provider specializing in electronic data interchange (EDI) and e-invoicing. The closing is pending customary Austrian regulatory approval. The acquisition advances a shared vision to accelerate global commerce and deliver a single, scalable platform for automating business transactions and managing indirect tax reporting and e-invoicing compliance. With the increasing prevalence of real-time and near real-time digital tax reporting mandates, e-invoicing is rapid
KING OF PRUSSIA, Pa., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its second quarter ended June 30, 2024. "The second quarter financial results demonstrate the true earnings power of the Vertex business model," stated David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "We were GAAP earnings positive for the third quarter in a row, generated the highest level of quarterly cash provided by operating activities and free cash flow in our 46-year history and delivered our highest Adjusted EBITDA margin since