Vertex (VERX) Hits New Low on Tempered Growth Outlook

We recently published 10 Stocks Taking the Worst Hit. Vertex Inc. (NASDAQ:VERX) is one of the worst-performing stocks on Wednesday.

Vertex fell to a new 52-week low on Wednesday as investor sentiment was dented by its lower growth outlook for the full year 2025 amid ongoing challenges.

At intraday trading, Vertex Inc. (NASDAQ:VERX) shares dropped to their lowest price of $25.11, marking a 24-percent decline before paring losses to end the day just down by 18.05 percent at $27.10 apiece.

In its updated earnings report, Vertex Inc. (NASDAQ:VERX) said it now targets revenues between $750 million and $ 754 million, lower than the $760 million to $768 million as expected previously.

Adjusted EBITDA outlook was also reduced to $156 million to $160 million from the $161 million to $165 million projected previously.

“While underlying demand for our solutions remains strong, extended sales cycles and delayed customer decision-making impacted the timing of new contract signings in the latter part of the second quarter. This, in turn, impacts our full year 2025 expected revenue,” said Vertex Inc. (NASDAQ:VERX) CFO John Schwab.

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