Neuromorphic devices emulating the brain functionality have achieved a substantial scientific leap in the past decade. Among them, neuromorphic vertical transistors have attracted extensive interests due to their abilities of mitigating physical channel‐length limitations and developing new‐generation 3D integrated electronics. In this review, we focus on the recent advances and major trends in the field of emerging neuromorphic devices based on vertical transistor. We start with a brief introduction of biological nervous system and neuromorphic behaviours. Next, we discuss the latest advances in the development of vertical transistor and shed light on bio‐related neuromorphic applications. They are discussed in detail from the aspects of materials and potential applications. Finally, future research challenges in neuromorphic vertical transistor are briefly summarized, and their prospects are discussed.This article is protected by copyright. All rights reserved.