VTEX downgraded by Itau BBA with a new price target
$VTEX
Computer Software: Prepackaged Software
Technology
Itau BBA downgraded VTEX from Outperform to Market Perform and set a new price target of $1.80 from $11.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/14/2024 | $9.00 | Neutral → Overweight | JP Morgan |
| 1/5/2024 | $5.50 → $8.00 | Equal-Weight → Overweight | Morgan Stanley |
| 8/23/2023 | $7.50 | Neutral → Buy | UBS |
| 6/12/2023 | $6.50 → $5.00 | Outperform → Neutral | Credit Suisse |
| 5/10/2023 | $6.00 | Market Perform → Outperform | Itau BBA |
| 3/9/2023 | $5.00 | Buy | DA Davidson |
| 12/19/2022 | $7.00 → $5.00 | Overweight → Equal-Weight | Morgan Stanley |
| 10/20/2022 | $4.30 | Neutral | UBS |
JP Morgan upgraded VTEX from Neutral to Overweight and set a new price target of $9.00
Morgan Stanley upgraded VTEX from Equal-Weight to Overweight and set a new price target of $8.00 from $5.50 previously
UBS upgraded VTEX from Neutral to Buy and set a new price target of $7.50
SC 13G/A - VTEX (0001793663) (Subject)
SC 13G - VTEX (0001793663) (Subject)
SC 13G/A - VTEX (0001793663) (Subject)
Engineered for Growth, Driven for Success: VTEX is Taking on U.S. Legacy Commerce with the success of Customers like Colgate, Hearst, Calvin Klein, Whirlpool, and more. Enterprise brands are no longer accepting the limitations of legacy commerce platforms. In fact, in the past three years (2022-2024), migrations from legacy platforms to VTEX grew more than five times compared to the previous three-year period (2019-2021). As brands aim to grow without compromise, VTEX (NYSE:VTEX), the composable and complete commerce platform for B2B and B2C brands, has been named a Challenger in the 2024 Gartner® Magic Quadrant™ for Digital Commerce report. For VTEX, this acknowledges the platform's abil
Subscription revenue growth reached 22% in FXN Gross profit increased by 28% in FXN, reaching a margin of 74% Non-GAAP operating income margin reached 14%, representing a 10p.p. YoY expansion Free cash flow margin reached 14%, representing an 8p.p. YoY expansion VTEX (NYSE:VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the third quarter of 2024 ended September 30, 2024. VTEX results have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards") IAS 34 Interim Financial Reporting. Geraldo Thomaz Jr., founder and co
VTEX (NYSE:VTEX), the composable and complete commerce platform for premier brands and retailers, will release the financial results for its third fiscal quarter ended September 30th, 2024, via conference call and audio webcast, on November 5th, 2024, at 4:30 pm Eastern Time. The conference call may be accessed by dialing +1-646-307-1951 (Conference ID – 18526 –) and requesting inclusion in the call for VTEX. The live conference call can be accessed via audio webcast at the investor relations section of the Company's website at https://www.investors.vtex.com/. An archived webcast replay will be available following the call's conclusion. About VTEX VTEX (NYSE:VTEX) is the composable and c
The partnership allows customers to tap into Pinterest's high-intent audience and make their products available for purchase to an audience that is actively planning and shoppingNEW YORK, June 4, 2024 /PRNewswire/ -- Today, VTEX (NYSE:VTEX), the composable and complete commerce platform for premier brands and retailers, is announcing its partnership with Pinterest to help consumer brands broaden their social commerce footprint and connect with more customers.
Throughout the last three months, 4 analysts have evaluated Vtex (NYSE:VTEX), offering a diverse set of opinions 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 1 2 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 1 1 0 0 Analysts have set 12-month price targets for Vtex, revealing an average target of $10.0, a high estimate of $12.00, and a low estimate of $9.00. This current average reflects an increase of 21.21% from the previous av
JP Morgan analyst Noah Herman upgrades Vtex (NYSE:VTEX) from Neutral to Overweight and maintains the price target from $9 to $9.
Subscription revenue growth reached 22% in FXN Gross profit increased by 28% in FXN, reaching a margin of 74% Non-GAAP operating income margin reached 14%, representing a 10p.p. YoY expansion Free cash flow margin reached 14%, representing an 8p.p. YoY expansion VTEX (NYSE:VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the third quarter of 2024 ended September 30, 2024. VTEX results have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards") IAS 34 Interim Financial Reporting. Geraldo Thomaz Jr., founder and co
VTEX (NYSE:VTEX), the composable and complete commerce platform for premier brands and retailers, will release the financial results for its third fiscal quarter ended September 30th, 2024, via conference call and audio webcast, on November 5th, 2024, at 4:30 pm Eastern Time. The conference call may be accessed by dialing +1-646-307-1951 (Conference ID – 18526 –) and requesting inclusion in the call for VTEX. The live conference call can be accessed via audio webcast at the investor relations section of the Company's website at https://www.investors.vtex.com/. An archived webcast replay will be available following the call's conclusion. About VTEX VTEX (NYSE:VTEX) is the composable and c
Subscription revenue growth reached 21% in USD and 25% in FXN Gross profit increased by 29% in USD and 34% in FXN, reaching a margin of 74% Non-GAAP operating income margin reached 11%, representing a 15p.p. YoY expansion VTEX (NYSE:VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the second quarter of 2024 ended June 30, 2024. VTEX results have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards") IAS 34 Interim Financial Reporting. Geraldo Thomaz Jr., founder and co-CEO of VTEX, commented, "VTEX's profitabl
6-K - VTEX (0001793663) (Filer)
6-K - VTEX (0001793663) (Filer)
6-K - VTEX (0001793663) (Filer)
VTEX (NYSE:VTEX), the global enterprise digital commerce platform, today announced the appointment of Silvia Mazzucchelli, renowned executive of the US Retail & Consumer industry, to its board of directors. Silvia has vast experience in the American market as a former C-level executive of companies like GUESS, TOMS Shoes, American Apparel, ModCloth (a Walmart ecommerce portfolio company), and The Collected Group (a KKR portfolio company). She is a senior advisor to retail and consumer practice to The Boston Consulting Group and serves on corporate boards, including as Chair of the Board of Coyuchi Inc.; and director of Carbon38. Previously, she had also served as Chair of the Board of Seque
VTEX (NYSE:VTEX) the global enterprise digital commerce platform for premier brands and retailers, announced today that the following matters were approved in its annual general meeting of shareholders ("AGM") held on May 26, 2023: 1. the ratification and approval of financial statements and the auditor's report for the fiscal year ended December 31, 2022; and 2. the ratification of the appointment of PricewaterhouseCoopers Auditores Independentes Ltda. as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023. 42.836.880 Class A shares and 103.658.245 Class B shares were represented at the AGM, in person or by proxy, which indica