Vertex, Inc. Class A (VERX)

Vertex, Inc.'s stock price has declined significantly in the past six months. In November 2025, the company reported strong third-quarter cloud revenue growth and announced a $150 million share repurchase program, with Q3 2025 EPS exceeding estimates. In June 2025, an analyst downgraded Vertex to a "sell" rating, citing decelerating growth, customer losses, and shrinking margins. Analyst sentiment is mixed, with some expressing optimism and others cutting price targets.

Demand for Vertex, Inc.'s products and services is influenced by ongoing complexities in tax regulations and evolving consumer behavior rather than strong seasonality. Surveys indicate shifts in retail and e-commerce activity outside traditional peak shopping seasons, coupled with increased consumer preference for blended in-store and online shopping experiences. The ongoing need for businesses to manage complex sales and use tax environments, heightened audit scrutiny, and new electronic filing mandates also drives consistent demand for Vertex's managed services.

Vertex, Inc. is a global provider of tax technology solutions, operating in the Computers and Technology sector. It offers a suite of products and services to automate tax compliance for businesses in retail, leasing, communication, and manufacturing industries. Key offerings include tax determination, compliance and reporting, tax data management, document management, analytics and insights, and pre-built integrations. The company generates revenue through cloud and on-premise software subscriptions.

Headquartered in King of Prussia, Pennsylvania, Vertex, Inc. serves clients globally with resources throughout North America, Europe, Asia Pacific, the Middle East, Africa, and Central and South America. Specific locations include India, the United States, Brazil, Ireland, Sweden, Germany, and the United Kingdom. Vertex has provided services on tens of thousands of project sites in over 40 countries.

Vertex, Inc. has received positive recognition for its workplace culture, being named in Built In's 2025 Best Places to Work Awards. Vertex entered into a partnership with Kintsugi and introduced "Kintsugi powered by Vertex" in October (likely 2025), and was chosen to join Oracle's enhanced partner program for Independent Software Vendors in June (likely 2025).

Vertex, Inc. is owned by a mix of institutional shareholders, company insiders, and retail investors. Institutional investors hold between 53.55% and 70.32% of the stock, insiders own 18.94%, and retail investors hold 27.51%. Major institutional owners include Vanguard Group Inc and BlackRock, Inc. The largest individual shareholder is Jeffery Westphal, who owns 8.66% of the company.