Vertex downgraded by Stifel with a new price target
$VERX
Computer Software: Prepackaged Software
Technology
Stifel downgraded Vertex from Buy to Hold and set a new price target of $31.00 from $58.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/17/2025 | $48.00 | Overweight | Piper Sandler |
| 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 |
Piper Sandler initiated coverage of Vertex with a rating of Overweight and set a new price target of $48.00
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
8-K - Vertex, Inc. (0001806837) (Filer)
SCHEDULE 13G/A - Vertex, Inc. (0001806837) (Subject)
144 - Vertex, Inc. (0001806837) (Subject)
KING OF PRUSSIA, Pa., July 08, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release second quarter 2025 financial results before the market opens on Wednesday, August 6, 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 aft
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., 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
4 - Vertex, Inc. (0001806837) (Issuer)
4 - Vertex, Inc. (0001806837) (Issuer)
4 - Vertex, Inc. (0001806837) (Issuer)
4 - Vertex, Inc. (0001806837) (Issuer)
KING OF PRUSSIA, Pa., July 08, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release second quarter 2025 financial results before the market opens on Wednesday, August 6, 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 aft
KING OF PRUSSIA, Pa., June 26, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced a series of new certified integrations and solution enhancements that expand connectivity across ERP, e-commerce, procurement and financial systems. These updates reflect Vertex's continued focus on simplifying and automating global indirect tax with scalable, pre-built solutions that reduce implementation time, increase real-time accuracy and support clean-core ERP strategies – helping organizations modernize tax without disrupting business operations. As businesses face increasing complexity across procurement
KING OF PRUSSIA, June 10, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a leading global provider of indirect tax solutions, today announced it has been selected to participate in Oracle's enhanced partner program at the highest level for Independent Software Vendors (ISVs). For more than 40 years, Oracle has been working closely with partners to help drive joint customer success and business momentum. By joining Oracle's newly enhanced partner program, Vertex reinforces its established Oracle-related expertise in delivering global tax automation solutions and services across industries such as retail, manufacturing, and technology. "Participating in Orac
SC 13G/A - Vertex, Inc. (0001806837) (Subject)
SC 13G/A - Vertex, Inc. (0001806837) (Subject)
SC 13G/A - Vertex, Inc. (0001806837) (Subject)