VertexVERX
VERX
About: Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.
Employees: 1,900
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
8,515% more call options, than puts
Call options by funds: $106M | Put options by funds: $1.24M
41% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 73
24% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 51
4% more funds holding
Funds holding: 252 [Q4 2024] → 263 (+11) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 6 (+0) [Q1 2025]
3.0% less ownership
Funds ownership: 111.87% [Q4 2024] → 108.87% (-3.0%) [Q1 2025]
31% less capital invested
Capital invested by funds: $3.94B [Q4 2024] → $2.73B (-$1.2B) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
35%
upside
Avg. target
$57
53%
upside
High target
$61
65%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Morgan Stanley Stan Zlotsky | 49%upside $55 | Overweight Maintained | 16 Apr 2025 |
DA Davidson William Jellison | 35%upside $50 | Buy Maintained | 14 Apr 2025 |
Citizens Capital Markets Patrick Walravens | 65%upside $61 | Market Outperform Reiterated | 20 Mar 2025 |
Needham Joshua Reilly | 63%upside $60 | Buy Reiterated | 20 Mar 2025 |
Financial journalist opinion
Positive
Benzinga
2 weeks ago
Waystar, OneStream, Vertex Among Analyst Favorites As Solid Guidance Fuel Bullish Outlook
After a rough start to the year, small- and mid-cap software stocks may be finding their footing. Goldman Sachs analyst Adam Hotchkiss says first-quarter results across his coverage were better than feared, suggesting the worst of the downturn could be behind the sector.
Neutral
GlobeNewsWire
1 month ago
Vertex to Present at 20th Annual Needham Technology, Media, & Consumer Conference
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.
Neutral
Seeking Alpha
1 month ago
Vertex, Inc. (VERX) Q1 2025 Earnings Call Transcript
Vertex, Inc. (NASDAQ:VERX ) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants Joe Crivelli - Vice President of Investor Relations David DeStefano - President and Chief Executive Officer John Schwab - Chief Financial Officer Conference Call Participants Joshua Reilly - Needham & Company, LLC Christopher Quintero - Morgan Stanley Adam Hotchkiss - Goldman Sachs George Cruz - Citigroup Inc. Jake Roberge - William Blair & Company Kyle Aberasturi - BMO Capital Markets Alexander Sklar - Raymond James Financial, Inc. William Jellison - D.A. Davidson & Co. Rob Oliver - Robert W.
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Vertex (VERX) Q1 Earnings: A Look at Key Metrics
The headline numbers for Vertex (VERX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Vertex (VERX) Q1 Earnings and Revenues Top Estimates
Vertex (VERX) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.15 per share a year ago.
Neutral
Business Wire
1 month ago
Majesco and Vertex Announce Partnership to Deliver Advanced Tax Solutions for Disability Claims and Absence Management
MORRISTOWN, N.J.--(BUSINESS WIRE)-- #futureforecast--Majesco, a global leader in cloud insurance software solutions, is excited to announce a partnership with Vertex Inc., a global provider of indirect tax technology solutions. This partnership introduces the Majesco ClaimVantage solution utilizing Vertex tax expertise, delivering a transformative tax solution designed to empower customers with a comprehensive, seamless, and automated tax calculation solution for disability claims and absence management. Since 1.
Neutral
GlobeNewsWire
1 month ago
Vertex Announces First Quarter 2025 Financial Results
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.
Positive
Zacks Investment Research
1 month ago
Vertex (VERX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Vertex (VERX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
1 month ago
Vertex Announces Strategic Investment in AI Tax Compliance Startup Kintsugi
KING OF PRUSSIA, Pa., April 30, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a global provider of indirect tax technology solutions, today announced it has completed a strategic investment in Kintsugi, a San Francisco-based, AI-native startup focused on automating sales tax compliance for small and mid-size businesses (SMBs). Terms of the agreement include a $15 million minority investment representing a 10 percent ownership interest, as well as IP sharing and a commercial arrangement. Additionally, Vertex will join the Kintsugi Board of Directors.
Positive
Zacks Investment Research
1 month ago
Will Vertex (VERX) Beat Estimates Again in Its Next Earnings Report?
Vertex (VERX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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