Vertex Inc (VERX) Receives Overweight Rating from Stephens & Co.
Stephens & Co. initiates coverage on Vertex Inc (VERX) with an Overweight rating.
Vertex, Inc. engages in the provision of tax compliance software solutions. The company is headquartered in King Of Prussia, Pennsylvania and currently employs 1,900 full-time employees. The company went IPO on 2020-07-29. The firm and its subsidiaries operate as solutions providers of state, local and value-added tax calculation, compliance, and analytics, offering software products that are sold through software licenses and software-as-a-service (cloud) subscriptions. The company also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. Its software includes tax determination, compliance and reporting, tax data management and document management tools, analytics and insights, as well as pre-built integrations with business applications. Its tax-determination solutions enable real-time calculation of indirect taxes and applicable fees for sale and purchase transactions. Its compliance and reporting solutions enable the automation of signature-ready returns and remittance of indirect tax to appropriate jurisdictions.
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Last Updated: Dec 12, 2025, 12:02 AM · Source: Finnhub.io