Vertex, Inc. (NASDAQ:VERX) Receives Consensus Recommendation of “Hold” from Brokerages

Posted by Brenda Bartman on Oct 2nd, 2026

Shares of Vertex, Inc. (NASDAQ:VERX – Get Free Report) have been given a consensus rating of “Hold” by the fifteen analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $17.43.

Several research firms have recently weighed in on VERX. Robert W. Baird reduced their price objective on shares of Vertex from $19.00 to $17.00 and set an “outperform” rating for the company in a research report on Tuesday, August 4th. Weiss Ratings upgraded shares of Vertex from a “sell (e+)” rating to a “sell (d)” rating in a report on Wednesday, August 5th. TD Cowen assumed coverage on shares of Vertex in a research note on Monday, June 29th. They set a “buy” rating and a $14.00 target price for the company. Wall Street Zen upgraded shares of Vertex from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Stephens decreased their price target on shares of Vertex from $20.00 to $18.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 4th.

Get Our Latest Stock Report on VERX

Institutional Investors Weigh In On Vertex

Several large investors have recently modified their holdings of VERX. Whetstone Capital Advisors LLC acquired a new stake in Vertex during the 2nd quarter worth about $1,563,000. Engineers Gate Manager LP boosted its holdings in shares of Vertex by 152.3% in the second quarter. Engineers Gate Manager LP now owns 88,318 shares of the company’s stock worth $1,014,000 after buying an additional 53,319 shares during the period. Squarepoint Ops LLC acquired a new position in shares of Vertex in the second quarter worth about $938,000. Allianz Asset Management GmbH purchased a new position in shares of Vertex in the second quarter worth approximately $2,182,000. Finally, Corient Private Wealth LP purchased a new position in shares of Vertex in the second quarter worth approximately $1,766,000. 70.32% of the stock is owned by institutional investors.

Vertex Stock Up 4.4%

Shares of VERX stock opened at $12.30 on Friday. Vertex has a 1 year low of $10.21 and a 1 year high of $26.54. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.87 and a current ratio of 0.87. The business’s fifty day moving average is $12.72 and its 200-day moving average is $12.55. The stock has a market cap of $2.00 billion, a PE ratio of 615.31 and a beta of 0.84.

Vertex (NASDAQ:VERX – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.01. The business had revenue of $203.97 million during the quarter, compared to analyst estimates of $202.21 million. Vertex had a return on equity of 29.00% and a net margin of 0.45%.The company’s revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 earnings per share. Equities analysts expect that Vertex will post 0.54 earnings per share for the current fiscal year.

About Vertex

(Get Free Report)

Vertex, Inc (NASDAQ:VERX) is a provider of tax technology solutions designed to help businesses manage transaction tax compliance. Its software supports the calculation, collection, reporting and remittance of taxes such as sales and use tax, value-added tax, goods and services tax, and communications tax.

The company offers cloud-based and enterprise tax solutions that integrate with accounting, enterprise resource planning, e-commerce and other business systems. Its products are designed to automate tax determination, tax returns and compliance workflows, manage tax data and support tax content across complex business operations.

Founded in 1978, Vertex is headquartered in King of Prussia, Pennsylvania, and serves organizations in the United States and international markets.