
Vertex, Inc. (VERX) Stock Forecast & Price Target
Vertex, Inc. (VERX) Analyst Ratings
Bulls say
Vertex Inc. has demonstrated strong financial performance, highlighted by a 12.7% year-over-year increase in total revenue, driven by both subscription and professional services revenues expanding by the same percentage. The company's cloud revenue reached $92.0 million, marking a significant 30% year-over-year growth, while its annual recurring revenue (ARR) per customer also rose by 12% to $133.5 million, indicating robust demand for its tax technology solutions. Additionally, despite ongoing investments in AI and eInvoicing, Vertex was able to expand its adjusted EBITDA margin to 23%, showcasing effective cost management and a solid operational foundation.
Bears say
Vertex Inc has exhibited notable deterioration in key financial metrics, leading to a negative outlook on its stock. The company's net revenue retention (NRR) decreased to 105% in the fourth quarter, down from 107% in the previous quarter and 109% a year prior, driven by customer attrition related to mergers and acquisitions, bankruptcies, and competitive pressures. Furthermore, a downward revision in revenue guidance, with fourth-quarter projections falling $5 million short of consensus estimates and an overall forecast lowered for fiscal year 2025, raises concerns about sustainable growth, particularly if economic conditions worsen significantly.
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
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