VTEX (VTEX) PT Lowered to $10 at UBS

UBS analyst Leonardo Olmost lowered the firm's price target on VTEX (NYSE: VTEX) to $10.00 (from $11.00) while maintaining a Buy rating.

The analyst commented, "We are updating VTEX, incorporating Q1 and our expectations for Q2 and the remainer of 2025. We are reducing our net income by almost 10% due to the weak scenario expected for 2025, mostly centered on LatAm ex-Brazil and with the growth pace of other regions still not compensating for it. With the net income reduction, we lower our PT to $10.00, from $11.00 in our previous update. We maintain our Buy rating as the thesis remains solid."

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