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Vertex Amends Credit Agreement with PNC Bank

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Vertex Amends Credit Agreement with PNC Bank

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Vertex ( (VERX) ) has shared an update.

On November 14, 2025, Vertex, Inc. entered into the First Amendment to its Amended and Restated Credit Agreement with PNC Bank and other lenders, allowing for increased capacity to make dividends or distributions, including share repurchases, under certain conditions. This amendment requires that no default events occur and that the company maintains a secured debt net leverage ratio of less than 2.50 to 1.00, potentially impacting Vertex’s financial flexibility and shareholder returns.

The most recent analyst rating on (VERX) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Vertex stock, see the VERX Stock Forecast page.

Spark’s Take on VERX Stock

According to Spark, TipRanks’ AI Analyst, VERX is a Neutral.

Vertex’s overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability challenges. Technical analysis indicates bearish momentum, while valuation metrics are weak due to negative earnings. The earnings call provides some optimism with strategic growth initiatives, but customer retention issues and guidance cuts pose risks.

To see Spark’s full report on VERX stock, click here.

More about Vertex

Average Trading Volume: 1,635,594

Technical Sentiment Signal: Sell

Current Market Cap: $3.13B

Find detailed analytics on VERX stock on TipRanks’ Stock Analysis page.

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