Vertex Announces $150 Million Stock Repurchase Program

Vertex ( (VERX) ) has shared an update.

On October 30, 2025, Vertex‘s Board of Directors authorized a stock repurchase program for up to $150 million of its Class A common stock, as part of its strategy to enhance long-term shareholder value. The company reported strong third-quarter 2025 financial results, with a 12.7% year-over-year increase in total revenues to $192.1 million and significant growth in cloud revenues. Vertex also announced leadership changes, with Christopher Young set to become the new President and CEO, succeeding David DeStefano, who will transition to a non-executive chairperson role.

The most recent analyst rating on (VERX) stock is a Hold with a $27.00 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 driven by its strong revenue growth and effective cost management, which are offset by ongoing profitability challenges and high leverage. The technical analysis suggests a neutral outlook, while valuation metrics indicate potential overvaluation. The earnings call provides a balanced view with both growth opportunities and risks, particularly from macroeconomic factors and regulatory challenges.

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

More about Vertex

Vertex, Inc. is a leading global provider of indirect tax solutions, offering tailored solutions for major lines of indirect tax such as sales, consumer use, value-added, and payroll taxes. Headquartered in North America with offices in South America and Europe, Vertex aims to simplify compliance complexities for global businesses.

Average Trading Volume: 1,679,115

Technical Sentiment Signal: Sell

Current Market Cap: $3.65B

Learn more about VERX stock on TipRanks’ Stock Analysis page.