Stocks · Technology · Software - Application
Vertex, Inc. VERX
$12.01 -2.36% Close, Oct 2, 2026 · NASDAQ · Market cap $1.95B
Weak trend
Next earnings report: Nov 2, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 3.5× EBITDA, a high level of leverage.
- Over the past year the stock returned -51.1%, behind the S&P 500 by 66.1 percentage points.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 46%
- FCF growth (TTM, YoY)Top 37%
- Revenue growth, 3-year CAGRTop 28%
- Revenue growth accelerationBottom 31%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 39%
- Gross marginTop 37%
- Operating marginBottom 37%
- Cash conversion (OCF / net income)Top 11%
- Accruals (lower is better)Top 24%
- Net debt / EBITDA (lower is better)Bottom 14%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 43%
- Free-cash-flow yieldTop 46%
- EBITDA / enterprise valueBottom 40%
- Sales / enterprise valueTop 36%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 11%
- 6-month returnBottom 27%
- 1-year return vs S&P 500Bottom 10%
- Distance from 52-week highBottom 16%
- Trend checklist (0–4)Bottom 10%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 30%
- Consecutive EPS beatsBottom 44%
- Share of analysts rating BuyBottom 35%
- Upside to consensus price targetTop 42%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 48%
- Maximum drawdown, 3 yearsBottom 12%
- Beta vs S&P 500 (lower is better)Top 22%
- Net debt / EBITDA (lower is better)Bottom 14%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 11.8% | 10.8% | ↓ |
| Gross margin | 65.0% | 62.1% | ↓ |
| Operating margin | -1.1% | -0.2% | ↑ |
| FCF margin | 6.1% | 7.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 10.8% | 11.8% | ↓ | Bottom 46% |
| Gross margin | 62.1% | 65.0% | ↓ | Top 37% |
| Operating margin | -0.2% | -1.1% | ↑ | Bottom 37% |
| Net margin | 0.5% | -7.1% | ↑ | — |
| Free-cash-flow margin | 7.4% | 6.1% | ↑ | — |
| Return on invested capital | -0.0% | — | Bottom 39% | |
| Revenue growth, 3-year CAGR | 15.0% | — | Top 28% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -14.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 7.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -4.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.50×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 2.24%
- Shareholder yield
- 2.24%
- Share count change, 1 year
- +1.6%
- Share count change, 3-year CAGR
- +2.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +2.8%
- Average 2-day reaction, last 8
- -3.8%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $16.17
- Target vs current price
- +34.6%
- Analysts with a rating
- 18
- Share rating Buy or Strong Buy
- 56%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 3, 2026 | +4.8% | +3.8% | -7.5% | +10.2% | — |
| May 7, 2026 | +6.3% | +15.9% | +0.6% | +3.9% | +5.8% |
| Feb 11, 2026 | +0.0% | -13.8% | -18.8% | -5.0% | -1.4% |
| Nov 3, 2025 | +0.0% | -9.7% | -14.8% | -16.1% | -18.3% |
| Aug 6, 2025 | +7.1% | -18.1% | -24.0% | -26.7% | -29.7% |
| May 7, 2025 | +15.4% | -3.3% | -2.0% | +7.0% | -16.5% |
| Feb 27, 2025 | +15.4% | -19.0% | -22.5% | -16.3% | -8.4% |
| Nov 6, 2024 | +17.1% | +13.8% | +13.8% | +29.0% | +30.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 3, 2026 | $0.20 | $0.19 | +4.8% | $204.0M |
| May 7, 2026 | $0.17 | $0.16 | +6.3% | $196.6M |
| Feb 11, 2026 | $0.17 | $0.17 | +0.0% | $194.7M |
| Nov 3, 2025 | $0.17 | $0.17 | +0.0% | $192.1M |
| Aug 6, 2025 | $0.15 | $0.14 | +7.1% | $184.6M |
| May 7, 2025 | $0.15 | $0.13 | +15.4% | $177.1M |
| Feb 27, 2025 | $0.15 | $0.13 | +15.4% | $178.5M |
| Nov 6, 2024 | $0.16 | $0.14 | +17.1% | $170.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 392.5× | — | — | Bottom 43% |
| P/E (forward) | 14.7× | — | — | — |
| EV / EBITDA | 60.6× | — | — | Bottom 40% |
| EV / Sales | 2.63× | — | — | Top 36% |
| Free-cash-flow yield | 3.00% | — | — | Top 46% |
| Earnings yield | 0.25% | — | — | Bottom 43% |
P/E over the past five years
Range 251.1× – 404.9× since Jun 30, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.4%
- 200-day average slope (20 days)
- -5.1%
- Distance from 50-day average
- -5.3%
- Distance from 200-day average
- -13.6%
- RSI (14)
- 46.8
- Relative volume
- 0.95×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 60.6%
- Volatility vs own 5-year history
- 65th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.99
- Correlation with S&P 500
- 0.27
- Current drawdown from 1-year high
- -53.7%
- Maximum drawdown, 3 years
- -82.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 28, 2025 | Jun 22, 2026 | -82.0% | 350 days | Not yet recovered |
| Feb 19, 2021 | Jun 13, 2022 | -75.4% | 331 days | 529 days (Jul 23, 2024) |
| Dec 23, 2020 | Jan 11, 2021 | -17.3% | 11 days | 23 days (Feb 12, 2021) |
| Oct 16, 2020 | Oct 28, 2020 | -14.2% | 8 days | 6 days (Nov 5, 2020) |
| Jul 23, 2024 | Aug 7, 2024 | -13.5% | 11 days | 39 days (Oct 2, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.95B
- P/E (TTM)
- 392.5
- EPS, diluted (TTM)
- $0.03
- Revenue (TTM)
- $787.4M
- 52-week range
- $10.21 – $26.54
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $425.5M | $491.6M | $572.4M | $666.8M | $748.4M |
| Gross profit | $263.7M | $298.5M | $348.6M | $426.1M | $454.5M |
| Operating income | -$2.9M | -$8.1M | -$17.5M | -$2.2M | -$7.8M |
| Net income | -$1.5M | -$12.3M | -$13.1M | -$52.7M | $7.2M |
| EPS (diluted) | -$0.01 | -$0.08 | -$0.09 | -$0.34 | $0.04 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $170.4M | $178.5M | $177.1M | $184.6M | $192.1M | $194.7M | $196.6M | $204.0M |
| Net income | $7.2M | -$67.8M | $11.1M | -$961,000 | $4.0M | -$7.0M | -$2.5M | $9.0M |
| EPS (diluted) | $0.05 | -$0.43 | $0.07 | -$0.01 | $0.02 | -$0.04 | -$0.01 | $0.06 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $90.3M | $63.8M | $74.3M | $164.8M | $165.5M |
| Capital expenditure | -$43.4M | -$60.4M | -$68.2M | -$87.1M | -$118.0M |
| Free cash flow | $46.9M | $3.4M | $6.1M | $77.7M | $47.6M |
| Dividends paid | -$2.7M | -$536,000 | $0 | $0 | $0 |
| Net share buybacks | $0 | $0 | $0 | $11.5M | $1.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $230.5M
- Total assets
- $1.21B
- Total liabilities
- $969.0M
- Total debt
- $349.9M
- Net debt
- $119.4M
- Shareholders’ equity
- $241.1M
As of Jun 30, 2026 (filed Aug 4, 2026).
Short interest
- Shares sold short
- 5,434,775
- Days to cover
- 3.84
- Change vs previous report
- +7.5%
FINRA short interest, settlement date Sep 15, 2026.