Vertex (VERX) Stock Forecast & Price Target

$53.53 -0.06 (-0.11%)

(As of 12/20/2024 05:31 PM ET)

Vertex - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
3

Buy
8

Based on 11 Wall Street analysts who have issued ratings for Vertex in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 3 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for VERX.

Consensus Price Target

$54.70
2.19% Upside

According to the 11 analysts' twelve-month price targets for Vertex, the average price target is $54.70. The highest price target for VERX is $62.00, while the lowest price target for VERX is $34.00. The average price target represents a forecasted upside of 2.19% from the current price of $53.53.

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VERX Analyst Ratings Over Time

Type	Current Forecast 12/24/23 to 12/23/24	1 Month Ago 11/24/23 to 11/23/24	3 Months Ago 9/25/23 to 9/24/24	1 Year Ago 12/24/22 to 12/24/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$54.70	$52.30	$37.30	$27.11
Forecasted Upside	2.19% Upside	-2.84% Downside	-0.21% Downside	0.64% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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VERX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

VERX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Vertex Stock vs. The Competition

Type	Vertex	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.82	2.69	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	2.19% Upside	265.04% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent VERX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/18/2024	Stifel Nicolaus 4 of 5 stars		Boost Target	Buy ➝ Buy	$52.00 ➝ $58.00	+5.67%
12/16/2024	Citigroup 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$46.00 ➝ $54.00	+2.21%
12/9/2024	JMP Securities 2 of 5 stars		Reiterated Rating	Market Outperform ➝ Market Outperform	$61.00 ➝ $61.00	+10.05%
11/13/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$50.00 ➝ $62.00	+24.62%
11/7/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$43.00 ➝ $57.00	+11.24%
11/7/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$42.00 ➝ $52.00	+1.48%
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11/7/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$42.00 ➝ $59.00	+14.10%
11/7/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$45.00 ➝ $60.00	+20.58%
11/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$35.00 ➝ $50.00	+18.57%
7/23/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Oliver Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/23/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$40.00 ➝ $34.00	+13.18%
11/10/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$24.00 ➝ $29.00	+6.74%
11/9/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Pfau Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:14 AM ET.

VERX Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Vertex is $54.70, with a high forecast of $62.00 and a low forecast of $34.00.
: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vertex in the last twelve months. There are currently 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VERX shares.
: According to analysts, Vertex's stock has a predicted upside of 2.19% based on their 12-month stock forecasts.
: Over the previous 90 days, Vertex's stock had 1 upgrade by analysts.
: Vertex has been rated by research analysts at BMO Capital Markets, Citigroup, Jefferies Financial Group, JMP Securities, Morgan Stanley, Needham & Company LLC, Robert W. Baird, Stifel Nicolaus, and The Goldman Sachs Group in the past 90 days.
: Analysts like Vertex more than other "computer and technology" companies. The consensus rating score for Vertex is 2.82 while the average consensus rating score for "computer and technology" companies is 2.69. Learn more on how VERX compares to other companies.

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This page (NASDAQ:VERX) was last updated on 12/23/2024 by MarketBeat.com Staff

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Vertex (VERX) Stock Forecast & Price Target