Streetbeat News

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

JP Morgan analyst Noah Herman upgrades Vtex (NYSE:VTEX) from Neutral to Overweight while maintaining the price target at $9.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:26 pm

VTEX shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 5:37 pm

Vtex reported Q1 2024 earnings with a GAAP EPS of $(0.01), meeting analyst estimates, and a sales revenue of $52.648M, missing estimates by 1.51%. This represents a significant improvement over the previous year, with a 69.05% increase in EPS and a 24.52% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:45 pm

VTEX has introduced 'VTEX Vision', a semi-annual product showcase aimed at providing insights, strategies, and scalable results for both B2B and B2C commerce brands. This initiative is designed to inspire and facilitate growth within the commerce sector by offering a platform for sharing innovative solutions and best practices.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:14 pm

In Wednesday's pre-market session, several Communication Services stocks showed notable movements. Kore Group Holdings, TuanChe, VS Media Holdings, Vtex, Asset Entities, and FingerMotion were among the gainers, with increases ranging from 4.55% to 13.9%. Conversely, TruGolf Holdings, Antelope Ent Hldgs, Fluent, HWH International, Gamer Pakistan, and Mobile Global Esports were the losers, with declines between 5.7% and 8.8%.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:09 pm

Analysts have updated their ratings and price targets for Vtex (NYSE:VTEX), showing a positive shift in sentiment. The average 12-month price target has risen by 34.21% to $10.2, with a high of $12.00 and a low of $8.00. Analysts from UBS, JP Morgan, Piper Sandler, B of A Securities, and Morgan Stanley have all raised their price targets, reflecting optimism about Vtex's performance. The company, known for its digital commerce platform, has shown notable revenue growth and profitability, with a revenue growth rate of 33.5% and a net margin of 5.31%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:05 pm

UBS analyst Leonardo Olmos maintains a Buy rating on Vtex (NYSE:VTEX) and raises the price target from $8.5 to $12.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 4:04 pm

Equifax has partnered with VTEX to enhance global fraud prevention for merchants by integrating Equifax's fraud detection expertise with the VTEX commerce platform. This collaboration began in 2023.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:52 am

Vtex (NYSE:VTEX) received mixed analyst ratings in the latest quarter, with an average 12-month price target of $9.75, marking a 32.11% increase from the previous target. Analysts from JP Morgan, Piper Sandler, B of A Securities, and Morgan Stanley raised their price targets, reflecting optimism about Vtex's future value. The company, a SaaS digital commerce platform, showed a 30.64% revenue growth rate as of September 30, 2023, but struggles with profitability and efficiency, as indicated by its net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 4:01 pm

JP Morgan analyst Sterling Auty maintains a Neutral rating on Vtex (NYSE:VTEX) and raises the price target from $6.5 to $9.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:59 pm

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