Vertex, Inc. Class A Common Stock
VERXVertex, Inc. Class A (VERX) is a global provider of corporate tax technology and services, offering comprehensive solutions for tax compliance, calculation, and reporting. The company specializes in automating and streamlining complex tax processes for businesses across various industries, helping organizations manage their tax obligations efficiently. Founded with a focus on innovation, Vertex serves clients worldwide, supporting the digital transformation of tax functions.
Company News
Vertex (VERX) stock rose following TD Cowen's initiation of coverage with a buy rating and $14 price target, implying 23.1% upside. The analyst believes the company can maintain double-digit revenue growth through fiscal 2028. Despite a 41% year-to-date decline, Vertex trades at a discount to historical valuations with strong Q1 2026 sales and fr...
Vertex, Inc. (NASDAQ:VERX), a provider of enterprise compliance technology, announced it will release first quarter 2026 financial results on May 7, 2026, with a conference call at 8:30 a.m. Eastern Time. The company will discuss results via live webcast and audio replay on its investor relations website.
Hyperion Capital Advisors acquired 540,000 shares of Vertex (VERX) worth $13.39 million in Q3, making it the fund's third-largest holding. Despite a 63% stock decline over the past year, the investment signals confidence in Vertex's underlying business fundamentals, including 12.7% revenue growth, 30% cloud revenue growth, and strong cash generat...
Vertex Inc. has achieved Oracle Validated Integration for its tax solution, enabling customers to streamline global indirect tax operations with a push-button integration for Oracle's ERP offering. In the first seven months, customers processed over 150 million transactions monthly.
The tax technology market is projected to grow from USD 17.87 billion in 2024 to USD 46.00 billion by 2032, driven by increasing automation, AI integration, and complex tax regulations across industries.
