Vertex, Inc. Class A (VERX)

Vertex, Inc.'s stock price experienced a significant decline, falling by 61.93% from January 13, 2025, to January 9, 2026, trading near its 52-week low. In Q3 2025, Vertex announced earnings per share of $0.17, surpassing analyst estimates, with revenue also exceeding consensus. Several research firms adjusted their outlooks, lowering price objectives. The announcement of CEO David DeStefano's retirement and Eric Young's succession contributed to a decline in the stock price. In Q3 2025, Conestoga Capital Advisors LLC decreased its holdings, while Wasatch Advisors LP, DLD Asset Management LP, and Champlain Investment Partners LLC significantly increased their positions in Q2 2025. Vertex and CPA.com announced an AI-driven expansion of tax compliance services for accounting firms. Vertex was recognized by Built In in its 2026 Best Places To Work Awards, which led to modest stock gains. The company is scheduled to announce its Q4 2025 financial results on February 11, 2026.

Vertex, Inc.'s research indicates a significant shift, with retail and e-commerce activity expanding into historically off-peak seasons, creating new periods of heightened consumer demand. Summer has emerged as a new peak season, driven by summer travel, recreation, back-to-school shopping, and Halloween-related purchases. These evolving consumer behaviors and extended shopping periods necessitate automated tax technology for businesses to ensure frictionless checkout experiences and maintain compliance across various sales channels. Regulatory changes and enterprise cloud upgrades are consistently boosting the demand for Vertex's tax automation and e-invoicing solutions.

Vertex, Inc. is a global provider of enterprise tax technology solutions and services, specializing in simplifying and automating tax compliance for businesses. The company operates within the Technology sector, specifically in the Software - Application industry, and is also categorized under Computers and Technology, and Services-Prepackaged Software. Vertex offers a comprehensive suite of products and services, including tax determination, compliance and reporting, tax data management, document management, analytics and insights, and pre-built integrations. It provides industry-specific solutions for sectors such as retail, communications, and leasing, as well as technology-specific tools like the chain flow accelerator and SAP-specific integrations.

Headquartered in King of Prussia, Pennsylvania, USA, Vertex, Inc. serves clients globally. The company operates internationally, with a strategic focus on expanding its presence in regions with complex tax regulations, including Europe, Asia-Pacific, and Latin America. Its global reach is supported by subsidiaries and offices in various countries, such as Brazil, Ireland and Germany.

Vertex, Inc. has maintained a strong brand reputation as a trusted provider in the tax technology space, bolstered by its partnerships with major technology providers. The company is recognized as a global leader in the tax technology space with a reputation for delivering reliable, scalable, and innovative tax solutions. Positive events contributing to its reputation include being honored by Built In in its 2026 Best Places To Work Awards and the announcement of an AI-driven expansion of tax compliance services with CPA.com. However, the significant decline in its stock price and concerns raised by analysts regarding customer churn could negatively impact its reputation among investors.

Vertex, Inc. has a significant institutional ownership, with 53.55% of its shares held by institutions. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., and Tensile Capital Management LP. Individual investors, including insiders and retail investors, account for a substantial portion of ownership. Insiders hold 18.94% of the company, while retail investors hold 27.51%. Jeffery Westphal is the largest individual shareholder, owning 8.66% of the company.