VTEX (VTEX)

• Market cap: $1.26B
• 1 day: 1.96%
• 5 days: 6.78%
• 1 month: 17.13%
• 3 months: -2.59%
• 6 months: 5.62%
• Year to date: 13.40%
• 1 year: -17.64%
• 5 years: -69.48%
• 10 years: -69.48%

About: Vtex provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce plan, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. It generates maximum revenues from Brazil followed by Latin America and the rest of the world.

Employees: 1,277

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

36% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 22

5% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 21

0% more funds holding

Funds holding: 81 [Q2] → 81 (+0) [Q3]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]

19% less capital invested

Capital invested by funds: $521M [Q2] → $423M (-$97.7M) [Q3]

18.96% less ownership

Funds ownership: 91.38% [Q2] → 72.42% (-18.96%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $6.70 1% downside
• Avg. target: $8.90 31% upside
• High target: $11 62% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

JP Morgan Noah Herman 33% 1-year accuracy 1 / 3 met price target	33% upside $9	Overweight Maintained	10 Jan 2025
UBS Leonardo Olmos 0 / 0 met price target	62% upside $11	Buy Maintained	20 Dec 2024
Citigroup	1% downside $6.70	Neutral Initiated	5 Dec 2024