We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's Why You Should Add Vertex Stock to Your Portfolio Now
Read MoreHide Full Article
Vertex (VERX - Free Report) shares have skyrocketed 107.3% in the past 12 months, outperforming the Zacks Computer Technology sector, Zacks Internet Software industry and the S&P 500’s return of 38.1%, 40.3% and 26.8%, respectively. This strong performance highlights investor confidence in Vertex's innovative tax compliance solutions, strategic partnerships and expanding client base.
Here's why adding Vertex to your portfolio makes sense now.
Factors That May Benefit Vertex
The increasing adoption of e-invoicing globally and the ongoing enterprise resource planning (ERP) migration super cycle present multi-year growth opportunities for Vertex. As companies shift to cloud-based ERP systems, the demand for integrated tax compliance solutions is expected to rise significantly. These regulatory and technological shifts position Vertex as a key enabler for businesses navigating complex tax environments.
Notably, Vertex provides tax solutions that directly integrate with ERP platforms provided by SAP (SAP - Free Report) , Oracle (ORCL - Free Report) , Workday and Microsoft (MSFT - Free Report) . As SAP and Oracle phase out their legacy ERP systems, a large number of organizations are moving to SAP and ORCL’s cloud-based ERPs. Vertex is providing these companies with tax engines compatible with SAP S/4HANA, Oracle Cloud Infrastructure and Microsoft Dynamics. With rising complexities in tax regulation and the introduction of delivery fees and bag fees, more and more companies are seeking Vertex’s advanced tax solutions.
Vertex Price Performance Chart
Image Source: Zacks Investment Research
VERX's investment in artificial intelligence (AI) reflects its commitment to innovation. New AI-driven tools like smart categorization and Copilot enhance tax categorization accuracy and reduce audit risks, delivering measurable value to customers. These advancements reinforce Vertex’s competitive advantage and appeal to enterprises seeking efficient and compliant tax solutions.
Vertex’s sustained focus on expanding its product portfolio is helping it win new customers. In the third quarter of 2024, the company wins significant customers across diverse industries, including a global fast-food chain and an electric vehicle manufacturer. These wins validate the scalability and reliability of Vertex's solutions, deepen its penetration in key markets and boost revenue growth.
Analysts seem to be optimistic about Vertex’s growth prospects. The Zacks Consensus Estimate for the company’s 2025 and 2026 revenues indicates a year-over-year increase of 14.8% and 14.3%, respectively. Its earnings for 2025 and 2026 are estimated to grow by 12.4% and 27.1%, respectively.
Conclusion: Buy VERX Stock for Now
Vertex’s strong portfolio, increasing customer base and product integrations in the solutions of industry leaders make it a compelling investment option at present. Vertex sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Moreover, Vertex has an impressive Growth Score of A. This style score condenses all the essential metrics from the company’s financial statements to get the true sense of the quality and sustainability of its growth. Per Zacks’ proprietary methodology, stocks with a combination of a Zacks Rank #1 or #2 (Buy) and a Growth Score of A or B offer solid investment opportunities.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's Why You Should Add Vertex Stock to Your Portfolio Now
Vertex (VERX - Free Report) shares have skyrocketed 107.3% in the past 12 months, outperforming the Zacks Computer Technology sector, Zacks Internet Software industry and the S&P 500’s return of 38.1%, 40.3% and 26.8%, respectively. This strong performance highlights investor confidence in Vertex's innovative tax compliance solutions, strategic partnerships and expanding client base.
Here's why adding Vertex to your portfolio makes sense now.
Factors That May Benefit Vertex
The increasing adoption of e-invoicing globally and the ongoing enterprise resource planning (ERP) migration super cycle present multi-year growth opportunities for Vertex. As companies shift to cloud-based ERP systems, the demand for integrated tax compliance solutions is expected to rise significantly. These regulatory and technological shifts position Vertex as a key enabler for businesses navigating complex tax environments.
Notably, Vertex provides tax solutions that directly integrate with ERP platforms provided by SAP (SAP - Free Report) , Oracle (ORCL - Free Report) , Workday and Microsoft (MSFT - Free Report) . As SAP and Oracle phase out their legacy ERP systems, a large number of organizations are moving to SAP and ORCL’s cloud-based ERPs. Vertex is providing these companies with tax engines compatible with SAP S/4HANA, Oracle Cloud Infrastructure and Microsoft Dynamics. With rising complexities in tax regulation and the introduction of delivery fees and bag fees, more and more companies are seeking Vertex’s advanced tax solutions.
Vertex Price Performance Chart
Image Source: Zacks Investment Research
VERX's investment in artificial intelligence (AI) reflects its commitment to innovation. New AI-driven tools like smart categorization and Copilot enhance tax categorization accuracy and reduce audit risks, delivering measurable value to customers. These advancements reinforce Vertex’s competitive advantage and appeal to enterprises seeking efficient and compliant tax solutions.
Vertex’s sustained focus on expanding its product portfolio is helping it win new customers. In the third quarter of 2024, the company wins significant customers across diverse industries, including a global fast-food chain and an electric vehicle manufacturer. These wins validate the scalability and reliability of Vertex's solutions, deepen its penetration in key markets and boost revenue growth.
Analysts seem to be optimistic about Vertex’s growth prospects. The Zacks Consensus Estimate for the company’s 2025 and 2026 revenues indicates a year-over-year increase of 14.8% and 14.3%, respectively. Its earnings for 2025 and 2026 are estimated to grow by 12.4% and 27.1%, respectively.
Conclusion: Buy VERX Stock for Now
Vertex’s strong portfolio, increasing customer base and product integrations in the solutions of industry leaders make it a compelling investment option at present. Vertex sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Moreover, Vertex has an impressive Growth Score of A. This style score condenses all the essential metrics from the company’s financial statements to get the true sense of the quality and sustainability of its growth. Per Zacks’ proprietary methodology, stocks with a combination of a Zacks Rank #1 or #2 (Buy) and a Growth Score of A or B offer solid investment opportunities.