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Analyst Outlook | Discover varied analyst perspectives on Vertex's future, with price targets ranging from $50 to $61, reflecting cautious optimism amid current challenges |
Strategic Expansion | Delve into Vertex's foray into e-invoicing and its potential to open new revenue streams, positioning the company for long-term growth |
Financial Headwinds | Explore Vertex's recent financial challenges, including lowered guidance and declining stock price, as the company navigates market uncertainties |
Cloud Tax Titan | Vertex dominates cloud-based tax solutions, leveraging deep ERP integrations and a vast addressable market to maintain its competitive edge |

Metrics to compare | VERX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipVERXPeersSector | |
|---|---|---|---|---|
P/E Ratio | 565.8x | 16.5x | 12.4x | |
PEG Ratio | 5.40 | 1.18 | 0.01 | |
Price / Book | 8.4x | 3.9x | 2.4x | |
Price / LTM Sales | 2.6x | 3.8x | 2.3x | |
Upside (Analyst Target) | 25.8% | 4.4% | 28.9% | |
Fair Value Upside | Unlock | 21.6% | 4.5% | Unlock |
Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. has a strategic collaboration with xSuite Group GmbH to support SAP customers. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.