Verra Mobility Corporation (VRRM)
NASDAQ: VRRM · Real-Time Price · USD
22.97
-0.04 (-0.17%)
At close: Nov 20, 2024, 4:00 PM
23.15
+0.18 (0.78%)
After-hours: Nov 20, 2024, 5:14 PM EST

Verra Mobility Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Verra Mobility stock have an average target of 27.33, with a low estimate of 25 and a high estimate of 29. The average target predicts an increase of 18.98% from the current stock price of 22.97.

Analyst Consensus: Buy
Target Low Average Median High
Price $25 $27.33 $28 $29
Change +8.84% +18.98% +21.90% +26.25%

Analyst Ratings

The average analyst rating for Verra Mobility stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 110000
Hold 221122
Sell 000000
Strong Sell 000000
Total 442233

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$31$29
Strong Buy Maintains $31$29 +26.25% Nov 1, 2024
Baird
Baird
Hold
Maintains
$29$28
Hold Maintains $29$28 +21.90% Nov 1, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$26$25
Hold Maintains $26$25 +8.84% Oct 30, 2024
Baird
Baird
Hold
Maintains
$28$29
Hold Maintains $28$29 +26.25% Oct 14, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$28$31
Strong Buy Maintains $28$31 +34.96% Aug 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
895.99M
from 817.31M
Increased by 9.63%
Revenue Next Year
951.39M
from 895.99M
Increased by 6.18%
EPS This Year
1.23
from 0.36
Increased by 241.68%
EPS Next Year
1.33
from 1.23
Increased by 8.19%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
448.74M393.59M550.59M741.60M817.31M895.99M951.39M1.02B
Revenue Growth
21.23%-12.29%39.89%34.69%10.21%9.63%6.18%7.63%
EPS
0.11-0.030.250.500.361.231.331.55
EPS Growth
---100.00%-28.18%241.68%8.19%16.54%
Forward PE
-----18.7217.3014.85
No. Analysts -----998
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 924.0M 987.2M 1.1B
Avg 896.0M 951.4M 1.0B
Low 859.6M 908.1M 967.2M

Revenue Growth

Revenue Growth 202420252026
High
13.1%
10.2%
12.3%
Avg
9.6%
6.2%
7.6%
Low
5.2%
1.3%
1.7%

EPS Forecast

EPS 202420252026
High 1.28 1.44 1.71
Avg 1.23 1.33 1.55
Low 1.17 1.22 1.37

EPS Growth

EPS Growth 202420252026
High
256.7%
17.2%
28.9%
Avg
241.7%
8.2%
16.5%
Low
224.8%
-1.0%
3.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.