
Vertex, Inc. (VERX) Stock Forecast & Price Target
Vertex, Inc. (VERX) Analyst Ratings
Bulls say
Vertex Inc. demonstrates strong financial performance, highlighted by a 30% year-over-year growth in cloud revenue, reaching approximately $92 million, and a consistent organic growth rate of 26%. The company has also shown improvement in adjusted EBITDA margins, which expanded to 23% despite ongoing investments in AI and eInvoicing initiatives. Additionally, the annual recurring revenue (ARR) per customer has accelerated to a 12% year-over-year increase, further supporting a positive outlook on the company's growth trajectory in the tax technology sector.
Bears say
Vertex Inc. faces a negative outlook primarily due to stagnant customer growth, with the direct customer count remaining flat year-over-year at 4,856 and experiencing a sequential decline. The company has also revised its full-year revenue guidance down by approximately $12 million, signaling lower growth expectations and reflecting a trend of increasing customer churn among smaller accounts. Additionally, the anticipated revenue growth for 2025 has been adjusted to around 12.8%, with concerns about potential revenue declines in the event of an economic recession further complicating the outlook.
This aggregate rating is based on analysts' research of Vertex, Inc. and is not a guaranteed prediction by Public.com or investment advice.
Vertex, Inc. (VERX) Analyst Forecast & Price Prediction
Start investing in Vertex, Inc. (VERX)
Order type
Buy in
Order amount
Est. shares
0 shares