Vertex (VERX) Set to Post Earnings on Wednesday

Key Points

• Vertex is expected to report Q3 2026 results after market close on November 4, with analysts forecasting earnings of $0.2216 per share and revenue of $209.72 million.
• In its previous quarter, Vertex earned $0.20 per share versus the $0.19 consensus estimate, while revenue rose 10.5% year over year to $203.97 million.
• Analyst sentiment is mixed: seven analysts rate the stock Buy, seven rate it Hold and one rates it Sell, producing a consensus Hold rating and an average price target of $17.50.

Vertex (NASDAQ:VERX - Get Free Report) is projected to post its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.2216 per share and revenue of $209.72 million for the quarter. Individuals may review the information on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Vertex (NASDAQ:VERX - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping 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. During the same period in the prior year, the firm earned $0.15 EPS. The business's revenue for the quarter was up 10.5% on a year-over-year basis. On average, analysts expect Vertex to post $0.58 EPS for the current fiscal year and $0.74 EPS for the next fiscal year.

Vertex Price Performance

VERX stock opened at $14.80 on Wednesday. Vertex has a 12 month low of $10.21 and a 12 month high of $25.80. The firm has a market cap of $2.40 billion, a PE ratio of 740.37 and a beta of 0.83. The firm has a 50 day simple moving average of $13.05 and a 200 day simple moving average of $13.43.

Analyst Ratings Changes

Several research firms have issued reports on VERX. Weiss Ratings upgraded shares of Vertex from a "sell (d)" rating to a "sell (d+)" rating in a research report on Friday. Wall Street Zen upgraded Vertex from a "hold" rating to a "buy" rating in a research report on Sunday, October 18th. Robert W. Baird cut their price objective on Vertex from $19.00 to $17.00 and set an "outperform" rating for the company in a research report on Tuesday, August 4th. BMO Capital Markets raised their price objective on Vertex from $14.00 to $15.00 and gave the stock a "market perform" rating in a research note on Tuesday, August 4th. Finally, Morgan Stanley restated an "equal weight" rating and issued a $15.00 target price (down from $19.00) on shares of Vertex in a report on Tuesday, July 21st. Seven analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $17.50.

Vertex Company Profile

Vertex, Inc is a tax technology company that provides software and services to help businesses manage tax determination, compliance and reporting. Its solutions are designed to support complex transaction tax requirements across sales and use tax, value-added tax, goods and services tax, communications tax, and other indirect taxes.

The company's offerings include cloud-based and enterprise tax software, tax calculation engines, compliance and returns management tools, tax data management, and related professional services.

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