Symbols / VTEX Stock $3.91 -8.00% VTEX

Technology • Software - Application • Cayman Islands • NYQ
VTEX (Stock) Chart
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About

VTEX, together with its subsidiaries, provides software-as-a-service digital commerce platform for enterprise brands and retailers. It provides VTEX platform that enables customers to execute commerce strategy, including building online stores, and integrating and managing orders across channels, as well as creating marketplaces to sell products from third-party vendors. The company also offers customer support services; and optional services, such as project management, solutions architecting, and implementation consulting services. It serves its products to home appliances, apparel and accessories, beauty and health, electronics, grocery, department stores, and toys and hobbies, as well as home, furniture, and decoration markets. The company has operations in Brazil, Argentina, Chile, Colombia, France, Italy, Mexico, Peru, Portugal, Romania, Spain, the United Kingdom, the United States, and internationally. VTEX was founded in 2000 and is headquartered in Grand Cayman, Cayman Islands.

Stock Fundamentals
Scroll to Statements
Market Cap 676.54M Enterprise Value 546.21M Income 20.01M Sales 240.52M Book/sh 1.35 Cash/sh 1.11
Dividend Yield Payout 0.00% Employees 1139 IPO P/E 35.55 Forward P/E 14.64
PEG P/S 2.81 P/B 2.90 P/C EV/EBITDA 25.56 EV/Sales 2.27
Quick Ratio 2.96 Current Ratio 3.04 Debt/Eq 1.24 LT Debt/Eq EPS (ttm) 0.11 EPS next Y 0.27
EPS Growth 54.20% Revenue Growth 10.50% Earnings 2026-05-07 ROA 3.19% ROE 8.21% ROIC
Gross Margin 77.47% Oper. Margin 15.82% Profit Margin 8.32% Shs Outstand 92.61M Shs Float 46.88M Short Float 3.98%
Short Ratio 1.24 Short Interest 52W High 6.82 52W Low 2.84 Beta 1.17 Avg Volume 1.22M
Volume 1.10M Target Price $6.00 Recom Buy Prev Close $4.25 Price $3.91 Change -8.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.00
Mean price target
2. Current target
$3.91
Latest analyst target
3. DCF / Fair value
$6.71
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.91
Low
$4.00
High
$12.00
Mean
$6.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-11 up Banco Bradesco BBI S.A Neutral → Outperform $5
2026-01-15 down UBS Buy → Neutral $4
2025-11-10 main JP Morgan Neutral → Neutral $5
2025-10-16 init Goldman Sachs — → Buy $5
2025-09-17 up Jefferies Hold → Buy $7
2025-08-22 main UBS Buy → Buy $8
2025-08-08 down JP Morgan Overweight → Neutral $6
2025-06-23 init Citigroup — → Buy $10
2025-06-13 main UBS Buy → Buy $10
2025-05-27 main JP Morgan Overweight → Overweight $8
2025-05-22 init Jefferies — → Hold $7
2025-04-15 main JP Morgan Overweight → Overweight $7
2025-01-10 main JP Morgan Overweight → Overweight $9
2024-12-20 main UBS Buy → Buy $11
2024-12-05 init Citigroup — → Neutral $7
2024-08-07 main JP Morgan Overweight → Overweight $10
2024-05-14 up JP Morgan Neutral → Overweight $9
2024-03-25 main UBS Buy → Buy $12
2024-03-01 main JP Morgan Neutral → Neutral $9
2024-02-28 main Piper Sandler Overweight → Overweight $10
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-20 THOMAZ JUNIOR GERALDO DO CARMO Chief Executive Officer 4,808 $4.16 $20,001
2026-04-20 DE FARIA MARIANO GOMIDE Chief Executive Officer 4,808 $4.16 $20,001
2026-04-16 SPOLIDORO ANDRE FERREIA GOMES Officer 3,000 $4.11 $12,345
2026-04-13 THOMAZ JUNIOR GERALDO DO CARMO Chief Executive Officer 4,808 $4.03 $19,376
2026-04-13 DE FARIA MARIANO GOMIDE Chief Executive Officer 4,808 $4.03 $19,376
2026-04-06 THOMAZ JUNIOR GERALDO DO CARMO Chief Executive Officer 4,808 $4.04 $19,424
2026-04-06 DE FARIA MARIANO GOMIDE Chief Executive Officer 4,808 $4.04 $19,424
2026-04-01 SCANNAPIECO ALEJANDRO R Director 2,028
2026-04-01 FOUILLAND BENOIT Director 2,028
2026-04-01 MAZZUCCHELLI SILVIA Director 2,028
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
240.52
+6.11%
226.66
+12.86%
200.83
+27.42%
157.62
Operating Revenue
263.72
+5.79%
249.29
+12.92%
220.76
+28.40%
171.93
Cost Of Revenue
54.18
-9.25%
59.70
-2.10%
60.99
+15.43%
52.83
Reconciled Cost Of Revenue
54.18
-9.25%
59.70
-2.10%
60.99
+15.43%
52.83
Gross Profit
186.34
+11.61%
166.96
+19.38%
139.85
+33.46%
104.79
Operating Expense
168.23
+5.43%
159.57
+3.69%
153.89
-0.53%
154.71
Research And Development
63.89
+15.30%
55.41
-7.96%
60.21
+5.25%
57.20
Selling General And Administration
102.64
-0.24%
102.88
+12.11%
91.77
-4.56%
96.15
Selling And Marketing Expense
68.64
+0.07%
68.60
+15.58%
59.35
-12.46%
67.80
General And Administrative Expense
34.00
-0.84%
34.28
+5.78%
32.41
+14.34%
28.35
Other Gand A
34.00
-0.84%
34.28
+5.78%
32.41
+14.34%
28.35
Other Operating Expenses
1.70
+32.99%
1.28
-33.58%
1.92
+41.67%
1.36
Total Expenses
222.41
+1.43%
219.28
+2.05%
214.88
+3.54%
207.54
Operating Income
18.11
+145.17%
7.39
+152.59%
-14.04
+71.86%
-49.92
Total Operating Income As Reported
18.11
+145.17%
7.39
+152.59%
-14.04
+71.86%
-49.92
EBITDA
21.37
+101.26%
10.62
+205.31%
-10.08
+80.26%
-51.09
Normalized EBITDA
19.91
+5.89%
18.81
+286.50%
-10.08
+76.18%
-42.33
Reconciled Depreciation
3.26
+0.96%
3.23
-18.38%
3.96
-14.19%
4.62
EBIT
18.11
+145.17%
7.39
+152.59%
-14.04
+74.79%
-55.71
Total Unusual Items
1.46
+117.81%
-8.19
+57.80%
-19.40
-121.48%
-8.76
Total Unusual Items Excluding Goodwill
1.46
+117.81%
-8.19
+57.80%
-19.40
-121.48%
-8.76
Special Income Charges
-6.91
+64.33%
-19.37
-274.28%
-5.17
Other Special Charges
6.91
-64.33%
19.37
+274.28%
5.17
Net Income
20.01
+26.50%
15.82
+199.81%
-15.85
+69.77%
-52.42
Pretax Income
22.48
+69.41%
13.27
+206.46%
-12.46
+77.92%
-56.44
Net Non Operating Interest Income Expense
3.66
-74.17%
14.17
-36.78%
22.41
+1883.27%
1.13
Interest Expense Non Operating
0.37
-35.81%
0.58
-21.15%
0.73
Net Interest Income
3.66
-74.17%
14.17
-36.78%
22.41
+1883.27%
1.13
Interest Expense
0.37
-35.81%
0.58
-21.15%
0.73
Interest Income Non Operating
3.66
-74.17%
14.17
-40.36%
23.76
+954.93%
2.25
Interest Income
3.66
-74.17%
14.17
-40.36%
23.76
+954.93%
2.25
Other Income Expense
0.71
+108.62%
-8.28
-624.30%
1.58
+120.64%
-7.66
Other Non Operating Income Expenses
-0.74
-675.00%
-0.10
-106.08%
1.58
Gain On Sale Of Security
1.46
+117.81%
-8.19
-23294.29%
-0.04
+99.02%
-3.59
Tax Provision
2.45
+196.57%
-2.54
-174.86%
3.39
+184.30%
-4.03
Tax Rate For Calcs
0.00
-67.91%
0.00
+15.84%
0.00
+311.64%
0.00
Tax Effect Of Unusual Items
0.16
+105.71%
-2.78
0.00
+100.00%
-0.62
Net Income Including Noncontrolling Interests
20.03
+26.68%
15.81
+199.70%
-15.86
+69.75%
-52.42
Net Income From Continuing Operation Net Minority Interest
20.01
+26.50%
15.82
+199.81%
-15.85
+69.77%
-52.42
Net Income From Continuing And Discontinued Operation
20.01
+26.50%
15.82
+199.81%
-15.85
+69.77%
-52.42
Net Income Continuous Operations
20.03
+26.68%
15.81
+199.70%
-15.86
+69.75%
-52.42
Minority Interests
-0.02
-325.00%
0.01
-20.00%
0.01
+900.00%
0.00
Normalized Income
18.71
-11.83%
21.22
+233.91%
-15.85
+64.21%
-44.28
Net Income Common Stockholders
20.01
+26.50%
15.82
+199.81%
-15.85
+69.77%
-52.42
Otherunder Preferred Stock Dividend
Diluted EPS
0.06
+184.93%
-0.07
+73.45%
-0.28
Basic EPS
0.07
+189.04%
-0.07
+73.45%
-0.28
Basic Average Shares
185.04
-0.71%
186.37
-2.27%
190.69
Diluted Average Shares
192.33
+3.20%
186.37
-2.27%
190.69
Diluted NI Availto Com Stockholders
20.01
+26.50%
15.82
+199.81%
-15.85
+69.77%
-52.42
Earnings From Equity Interest
0.00
-99.80%
1.01
-8.86%
1.11
Excise Taxes
23.20
+2.53%
22.63
+13.54%
19.93
+39.25%
14.31
Total Other Finance Cost
0.09
-88.02%
0.77
+97.43%
0.39
Line Item Trend 2023-12-31 2022-12-31
Total Assets
341.14
-4.62%
357.67
Current Assets
266.25
-7.28%
287.16
Cash Cash Equivalents And Short Term Investments
209.41
-12.22%
238.56
Cash And Cash Equivalents
28.04
+14.93%
24.39
Cash Equivalents
3.07
-43.76%
5.46
Cash Financial
24.96
+31.86%
18.93
Other Short Term Investments
181.37
-15.31%
214.16
Receivables
50.62
+20.62%
41.97
Accounts Receivable
44.12
+19.75%
36.84
Gross Accounts Receivable
37.65
Allowance For Doubtful Accounts Receivable
-0.81
Taxes Receivable
6.50
+26.88%
5.12
Prepaid Assets
5.14
+23.87%
4.15
Current Deferred Assets
1.00
+51.58%
0.66
Restricted Cash
0.00
-100.00%
1.61
Hedging Assets Current
0.05
-54.70%
0.12
Other Current Assets
0.02
-76.34%
0.09
Total Non Current Assets
74.89
+6.21%
70.52
Net PPE
5.97
-31.55%
8.73
Gross PPE
9.68
-26.22%
13.12
Accumulated Depreciation
-3.70
+15.65%
-4.39
Properties
0.00
0.00
Buildings And Improvements
3.28
-31.98%
4.82
Machinery Furniture Equipment
3.84
-30.02%
5.49
Leases
2.56
-8.93%
2.81
Goodwill And Other Intangible Assets
30.02
-3.80%
31.21
Goodwill
21.83
+4.14%
20.96
Other Intangible Assets
8.19
-20.04%
10.24
Investments And Advances
3.12
+170.66%
1.15
Long Term Equity Investment
1.12
-2.95%
1.15
Non Current Accounts Receivable
11.87
+35.40%
8.77
Non Current Deferred Assets
22.85
+17.18%
19.50
Non Current Deferred Taxes Assets
19.93
+12.51%
17.71
Non Current Prepaid Assets
0.15
-24.02%
0.20
Other Non Current Assets
0.90
-5.75%
0.96
Total Liabilities Net Minority Interest
100.81
+21.47%
83.00
Current Liabilities
77.24
+24.55%
62.02
Payables And Accrued Expenses
47.95
+24.33%
38.56
Payables
47.95
+24.33%
38.56
Accounts Payable
39.73
+16.38%
34.14
Other Payable
0.30
Total Tax Payable
8.22
+99.10%
4.13
Income Tax Payable
2.15
Current Debt And Capital Lease Obligation
1.86
-38.94%
3.05
Current Debt
1.15
Other Current Borrowings
1.15
Current Capital Lease Obligation
1.86
-1.84%
1.90
Current Deferred Liabilities
25.95
+27.62%
20.33
Current Deferred Revenue
25.95
+27.62%
20.33
Other Current Liabilities
1.49
+2022.86%
0.07
Total Non Current Liabilities Net Minority Interest
23.57
+12.34%
20.98
Long Term Debt And Capital Lease Obligation
2.23
-40.25%
3.74
Long Term Debt
Long Term Capital Lease Obligation
2.23
-40.25%
3.74
Tradeand Other Payables Non Current
1.63
+143.22%
0.67
Non Current Deferred Liabilities
19.25
+17.48%
16.39
Non Current Deferred Revenue
16.58
+19.11%
13.92
Non Current Deferred Taxes Liabilities
2.67
+8.28%
2.46
Other Non Current Liabilities
0.45
+144.32%
0.18
Stockholders Equity
240.29
-12.51%
274.66
Common Stock Equity
240.29
-12.51%
274.66
Capital Stock
0.02
-5.26%
0.02
Common Stock
0.02
-5.26%
0.02
Share Issued
184.03
-2.63%
188.99
Ordinary Shares Number
184.03
-2.59%
188.91
Treasury Shares Number
0.00
-100.00%
0.08
Additional Paid In Capital
Retained Earnings
-130.06
-11.76%
-116.37
Gains Losses Not Affecting Retained Earnings
370.33
-5.29%
391.01
Minority Interest
0.04
+105.26%
0.02
Other Equity Adjustments
370.33
-5.29%
391.01
Total Equity Gross Minority Interest
240.33
-12.50%
274.68
Total Capitalization
240.29
-12.51%
274.66
Working Capital
189.01
-16.05%
225.14
Invested Capital
240.29
-12.88%
275.81
Total Debt
4.10
-39.66%
6.79
Capital Lease Obligations
4.10
-27.31%
5.63
Net Tangible Assets
210.27
-13.63%
243.45
Tangible Book Value
210.27
-13.63%
243.45
Available For Sale Securities
Financial Assets Designatedas Fair Value Through Profitor Loss Total
2.00
0.00
Investmentin Financial Assets
2.00
0.00
Investmentsin Joint Venturesat Cost
1.12
-2.95%
1.15
Line Of Credit
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
33.37
+28.51%
25.96
+380.10%
5.41
+118.51%
-29.22
Cash Flow From Continuing Operating Activities
33.37
+28.51%
25.96
+380.10%
5.41
+118.51%
-29.22
Net Income From Continuing Operations
20.03
+26.68%
15.81
+199.70%
-15.86
+69.75%
-52.42
Depreciation Amortization Depletion
3.26
+0.96%
3.23
-18.38%
3.96
-14.19%
4.62
Depreciation And Amortization
3.26
+0.96%
3.23
-18.38%
3.96
-14.19%
4.62
Other Non Cash Items
8.94
-5.21%
9.43
-67.08%
28.64
+401.72%
5.71
Stock Based Compensation
17.23
+2.01%
16.89
+8.36%
15.58
+27.70%
12.20
Provisionand Write Offof Assets
1.17
+8.23%
1.08
-26.49%
1.47
+72.77%
0.85
Deferred Tax
2.72
+168.87%
-3.95
-138.77%
-1.66
+72.52%
-6.03
Deferred Income Tax
2.72
+168.87%
-3.95
-138.77%
-1.66
+72.52%
-6.03
Operating Gains Losses
-14.81
+3.66%
-15.37
+51.28%
-31.55
-2342.57%
1.41
Gain Loss On Investment Securities
-14.82
+4.36%
-15.49
+52.24%
-32.44
-1386.36%
2.52
Gain Loss On Sale Of PPE
0.01
-94.17%
0.12
-86.50%
0.89
+9977.78%
-0.01
Change In Working Capital
-5.17
-350.52%
-1.15
-123.83%
4.82
+1.41%
4.75
Change In Receivables
0.50
+102.03%
-24.52
-156.19%
-9.57
-125.25%
-4.25
Changes In Account Receivables
0.45
+102.06%
-21.68
-177.70%
-7.81
-118.13%
-3.58
Change In Prepaid Assets
1.14
+8653.85%
0.01
-99.42%
2.23
-43.53%
3.95
Change In Payables And Accrued Expense
-2.88
-177.04%
3.73
-46.87%
7.03
+88.16%
3.73
Change In Payable
-2.88
-177.04%
3.73
-46.87%
7.03
+88.16%
3.73
Change In Account Payable
-1.63
-160.21%
2.71
-20.91%
3.43
-34.42%
5.23
Change In Other Working Capital
-5.94
-131.56%
18.81
+455.39%
3.39
+192.74%
1.16
Change In Other Current Assets
-0.53
-191.08%
0.58
+200.00%
-0.58
Change In Other Current Liabilities
2.00
+144.39%
0.82
-53.09%
1.75
+134.63%
0.74
Investing Cash Flow
24.80
+219.78%
-20.71
-158.86%
35.18
+181.09%
-43.38
Cash Flow From Continuing Investing Activities
24.80
+219.78%
-20.71
-158.86%
35.18
+181.09%
-43.38
Net PPE Purchase And Sale
-1.04
+49.78%
-2.07
-333.75%
-0.48
-40.29%
-0.34
Purchase Of PPE
-1.04
+49.78%
-2.07
-333.75%
-0.48
-40.29%
-0.34
Capital Expenditure
-1.04
+49.78%
-2.07
-333.75%
-0.48
-40.29%
-0.34
Net Investment Purchase And Sale
29.53
+276.40%
-16.74
-146.96%
35.65
+183.68%
-42.60
Purchase Of Investment
-204.38
-48.47%
-137.66
-1.56%
-135.55
-12.38%
-120.61
Sale Of Investment
233.91
+93.45%
120.92
-29.37%
171.20
+119.46%
78.01
Net Business Purchase And Sale
-3.69
-94.98%
-1.89
0.00
+100.00%
-1.69
Purchase Of Business
-3.69
-26.47%
-2.92
0.00
+100.00%
-1.69
Net Intangibles Purchase And Sale
0.00
0.00
Purchase Of Intangibles
0.00
0.00
Financing Cash Flow
-61.59
-411.10%
-12.05
+68.24%
-37.94
-93.76%
-19.58
Cash Flow From Continuing Financing Activities
-61.59
-411.10%
-12.05
+68.24%
-37.94
-93.76%
-19.58
Net Issuance Payments Of Debt
-0.05
+33.80%
-0.07
+94.26%
-1.24
+68.37%
-3.91
Issuance Of Debt
Repayment Of Debt
-0.05
+33.80%
-0.07
+94.26%
-1.24
+68.37%
-3.91
Long Term Debt Issuance
Long Term Debt Payments
-0.05
+33.80%
-0.07
+94.26%
-1.24
+68.37%
-3.91
Net Long Term Debt Issuance
-0.05
+33.80%
-0.07
+94.26%
-1.24
+68.37%
-3.91
Net Common Stock Issuance
-59.11
-427.66%
-11.20
+68.21%
-35.24
-175.38%
-12.80
Common Stock Payments
-59.11
-427.66%
-11.20
+68.21%
-35.24
-175.38%
-12.80
Cash Dividends Paid
0.00
0.00
0.00
Repurchase Of Capital Stock
-59.11
-427.66%
-11.20
+68.21%
-35.24
-175.38%
-12.80
Proceeds From Stock Option Exercised
0.23
-94.05%
3.90
+278.08%
1.03
+81.83%
0.57
Net Other Financing Charges
-2.67
+42.99%
-4.67
-87.90%
-2.49
+8.16%
-2.71
Changes In Cash
-3.42
+49.66%
-6.79
-356.69%
2.65
+102.87%
-92.18
Effect Of Exchange Rate Changes
0.49
+119.07%
-2.57
-319.25%
-0.61
+86.17%
-4.43
Beginning Cash Position
18.67
-33.39%
28.04
+7.82%
26.00
-78.51%
121.01
End Cash Position
15.74
-15.69%
18.67
-33.39%
28.04
+14.93%
24.39
Free Cash Flow
32.33
+35.29%
23.89
+384.59%
4.93
+116.68%
-29.56
Interest Paid Supplemental Data
0.00
0.00
-100.00%
0.01
Income Tax Paid Supplemental Data
0.10
0.08
Change In Income Tax Payable
-1.24
-221.74%
1.02
-71.62%
3.60
+340.60%
-1.50
Change In Tax Payable
-1.24
-221.74%
1.02
-71.62%
3.60
+340.60%
-1.50
Common Stock Issuance
0.00
0.00
Dividends Received CFI
0.00
-100.00%
1.14
+674.15%
0.15
Earnings Losses From Equity Investments
-0.00
+99.80%
-1.01
+8.86%
-1.11
Interest Paid CFF
-0.37
+36.16%
-0.58
+20.39%
-0.73
Interest Received CFI
0.69
-67.19%
2.11
+89.73%
1.11
Issuance Of Capital Stock
0.00
0.00
Sale Of Business
0.00
-100.00%
1.03
0.00
0.00
Taxes Refund Paid
-1.92
-2440.24%
0.08
+126.28%
-0.31
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
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