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.

Vtex (NYSE:VTEX) reported quarterly losses of $(0.01) per share which met the analyst consensus estimate. This is a 69.05 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $52.648 million which missed the analyst consensus estimate of $53.457 million by 1.51 percent. This is a 24.52 percent increase over sales of $42.282 million the same period last year.

Gainers Kore Group Holdings (NYSE:KORE) shares increased by 13.9% to $0.78 during Wednesday's pre-market session. The market value of their outstanding shares is at $64.2 million. TuanChe (NASDAQ:TC) stock increased by 12.23% to $2.2. The market value of their outstanding shares is at $4.4 million. VS Media Holdings (NASDAQ:VSME) stock moved upwards by 10.25% to $0.43. The market value of their outstanding shares is at $9.4 million. Vtex (NYSE:VTEX) shares increased by 6.88% to $9.0. The company's market cap stands at $1.6 billion. Asset Entities (NASDAQ:ASST) stock rose 6.72% to $0.44. The company's market cap stands at $6.3 million. FingerMotion (NASDAQ:FNGR) shares increased by 4.55

In the preceding three months, 5 analysts have released ratings for Vtex (NYSE:VTEX), presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 1 0 0 Last 30D 1 0 0 0 0 1M Ago 0 1 1 0 0 2M Ago 0 0 0 0 0 3M Ago 1 1 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $10.2, along with a high estimate of $12.00 and a low estimate of $8.00. Witnessing a positive shift,

UBS analyst Leonardo Olmos maintains Vtex (NYSE:VTEX) with a Buy and raises the price target from $8.5 to $12.

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

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

New data encourages grocers to enhance omnichannel experiences and address consumer pain points VTEX (NYSE:VTEX), the composable and complete commerce platform for premier B2C and B2B brands and retailers, released new research on online grocery shopping and consumer preferences. According to the survey findings, of 1,000 U.S. consumers 18 years old and older, 69% of consumers purchase groceries online in some capacity, indicating a strong and growing preference for these services. As brands and retailers continue to explore the best ways to engage with today's consumers, the survey findings underscore the growing trend and need for grocers to adapt and incorporate more robust online and

Key insights from VTEX's latest survey on live shopping reveal a growing popularity, yet a significant gap in consumer awareness regarding when and where these events are taking place. VTEX (NYSE:VTEX), the composable and complete commerce platform for premier B2C and B2B brands and retailers, released new research on live shopping and the consumer experience. According to the survey findings, of 1,000 U.S. consumers 18 years old and older, 45% of consumers have browsed or purchased from live shopping events in the past year indicating a strong and growing interest in this shopping format. As brands and retailers continue to explore the best ways to engage with today's consumers, the surv

Discover how VTEX Vision Fall '24 unifies commerce with new innovations and Google enhancements for faster, more connected B2B and B2C experiences. VTEX (NYSE:VTEX), the composable and complete commerce platform for premier B2C and B2B brands and retailers, announces the second edition of ‘VTEX Vision', its semi-annual product showcase to empower enterprise businesses striving to improve customer experience, fuel their growth, increase efficiency, and future-proof their operations. For its Fall edition, VTEX's global enterprise customer base—2,600 B2C and B2B customers with 3,500 online stores across 43 countries—can expect cutting-edge innovations and powerful advancements to unify com

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

VTEX (NYSE:VTEX), the composable and complete commerce platform for premier brands and retailers, will release the financial results for its second fiscal quarter ended June 30th, 2024, via conference call and audio webcast, on August 6th, 2024, at 4:30 pm Eastern Time. The conference call may be accessed by dialing +1-646-968-2525 (Conference ID – 1918046 –) 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 co

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 shopping NEW 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. Through its commerce platform, VTEX's 2,600 global customers can reach and engage on Pinterest, a leading destination

VTEX (NYSE:VTEX), the composable and complete 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 24, 2024: the ratification of Silvia Mazzucchelli as a member of the Board of Directors; and the ratification and approval of financial statements and the auditor's report for the fiscal year ended December 31, 2023. 28.391.452 Class A shares and 84.697.771 Class B shares were represented at the AGM, in person or by proxy, which indicates 76.71% of the voting power of our share capital was represented. AGM Results The detailed results of the AGM were as follows