Streetbeat News

VTEX

VTEX

https://www.vtex.com

Industry

Software - Application

VTEX provides software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce strategy, including building online stores, integrating, and managing orders across channels, and creating marketplaces to sell products from third-party vendors. It has operations in Brazil, Argentina, Chile, Colombia, France, Italy, Mexico, Peru, Portugal, Romania, Spain, the United Kingdom, and the United States. VTEX was founded in 2000 and is headquartered in London, the United Kingdom.

Open

6.53

Mkt cap

1.2B

Volume

319K

High

6.62

P/E Ratio

125.80

52-wk high

9.59

Low

6.29

Div yield

N/A

52-wk low

5.72

VTEX held its Q3 2024 earnings call, discussing financial results and company strategies. Key participants included company executives and analysts from major financial institutions.

Portfolio Pulse from

November 06, 2024 | 3:15 am

VTEX's Q3 earnings report highlights its revenue and EPS performance for the quarter ended September 2024. The focus is on how these metrics compare to Wall Street estimates and the previous year's figures.

Portfolio Pulse from

November 05, 2024 | 11:45 pm

VTEX reported Q3 earnings of $0.02 per share, meeting the Zacks Consensus Estimate and improving from a loss of $0.01 per share a year ago.

Portfolio Pulse from

November 05, 2024 | 11:30 pm

JP Morgan analyst Noah Herman maintains an Overweight rating on Vtex (NYSE:VTEX) and raises the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:55 pm

VTEX shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:48 pm

VTEX projects a year-over-year revenue growth of 18-20% for Q3, adjusted for foreign exchange, implying a revenue range of $56M-$57M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:12 pm

VTEX shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:04 pm

Vtex (NYSE:VTEX) reported Q2 2024 GAAP EPS of $0.03, beating the $0.01 estimate by 160%. Sales were $56.541M, surpassing the $55.661M estimate by 1.58%. This marks a significant improvement from the same period last year, with EPS increasing by 174.29% and sales by 18.07%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:34 pm

Pinterest and VTEX have announced a partnership to expand social commerce, allowing consumer brands to reach Pinterest's high-intent audience and make their products available for purchase.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:07 pm

Analysts have recently updated their ratings and price targets for Vtex (NYSE:VTEX), showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target is now $10.0, reflecting a 21.21% increase from the previous target of $8.25. Analysts from JP Morgan, UBS, and Piper Sandler have adjusted their price targets and ratings, indicating a positive outlook on Vtex's financial performance, including a notable revenue growth rate of 24.52% as of March 31, 2024, and strong financial health metrics such as net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:01 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.