DA Davidson initiated coverage on Vertex with a new price target
$VERX
Computer Software: Prepackaged Software
Technology
DA Davidson initiated coverage of Vertex with a rating of Buy and set a new price target of $62.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/22/2025 | $54.00 | Outperform | Exane BNP Paribas |
| 2/28/2025 | $58.00 → $31.00 | Buy → Hold | Stifel |
| 1/3/2025 | Outperform → Mkt Perform | Raymond James | |
| 12/31/2024 | $62.00 | Buy | DA Davidson |
| 11/4/2024 | $35.00 → $50.00 | Hold → Buy | Jefferies |
| 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 |
4 - Vertex, Inc. (0001806837) (Issuer)
4 - Vertex, Inc. (0001806837) (Issuer)
4 - Vertex, Inc. (0001806837) (Issuer)
4 - Vertex, Inc. (0001806837) (Issuer)
KING OF PRUSSIA, Pa., May 07, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its first quarter ended March 31, 2025. "Vertex continued to perform well in the first quarter, setting us up for a strong 2025," said David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "Our financial results were in line with our expectations for the quarter, and we made solid progress on key strategic initiatives including e-invoicing and artificial intelligence. We remain very optimistic for our financial outlook for 2025
KING OF PRUSSIA, Pa., April 14, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release first quarter 2025 financial results before the market opens on Wednesday, May 7, 2025. A conference call to discuss the results will be held at 8:30 a.m. Eastern Time that same day. Those wishing to participate may do so by dialing 1-412-317-6026 approximately ten minutes prior to start time. A listen-only webcast of the call will also be available through the Company's Investor Relations website at https://ir.vertexinc.com. A conference call replay will be available approximately one hour after the call
KING OF PRUSSIA, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2024. "Vertex's 2024 financial results demonstrated the power of our business and financial model, which is built to deliver consistent and durable mid-to-high teens revenue growth with strong earnings leverage and cash flow," stated David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "We believe the secular tailwinds that enable our performance will accelerate in the coming years as indirect taxes c
Exane BNP Paribas initiated coverage of Vertex with a rating of Outperform and set a new price target of $54.00
Stifel downgraded Vertex from Buy to Hold and set a new price target of $31.00 from $58.00 previously
Raymond James downgraded Vertex from Outperform to Mkt Perform
KING OF PRUSSIA, Pa., May 08, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a global provider of tax technology solutions, today announced that David DeStefano, Chief Executive Officer, and John Schwab, Chief Financial Officer, will participate in a fireside chat at the 20th Annual Needham Technology, Media, & Consumer Conference. The fireside chat is scheduled for Monday, May 12, 2025 at 9:30 AM Eastern Time. Live webcasts and replays of both presentations will be available on Vertex's investor relations website at ir.vertex.com. About VertexVertex, Inc. is a leading global provider of indirect tax solutions. The Company's mission is to deliver the most trusted tax technology en
KING OF PRUSSIA, Pa., May 07, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced financial results for its first quarter ended March 31, 2025. "Vertex continued to perform well in the first quarter, setting us up for a strong 2025," said David DeStefano, Vertex's President, Chief Executive Officer and Chairperson of the Board. "Our financial results were in line with our expectations for the quarter, and we made solid progress on key strategic initiatives including e-invoicing and artificial intelligence. We remain very optimistic for our financial outlook for 2025
KING OF PRUSSIA, Pa., May 06, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced new e-invoicing research revealing that a majority (79%) of global business leaders believe e-invoicing mandates are beneficial to business. Furthermore, 80% agree these mandates will improve data accuracy and financial reporting in a time where precision is needed most. The survey, which polled 1,150 global tax and finance professionals, shows e-invoicing implementation is on the rise as 80% of businesses plan to improve the integration of e-invoicing systems over the next two years – pointing to a positive atti
10-Q - Vertex, Inc. (0001806837) (Filer)
8-K - Vertex, Inc. (0001806837) (Filer)
DEFA14A - Vertex, Inc. (0001806837) (Filer)
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., 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