Verra Mobility Corporation (VRRM)
NASDAQ: VRRM · IEX Real-Time Price · USD
30.04
+0.32 (1.08%)
At close: Jul 19, 2024, 4:30 PM
30.05
+0.01 (0.03%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Verra Mobility Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Verra Mobility stock have an average target of 22.67, with a low estimate of 20 and a high estimate of 26. The average target predicts a decrease of -24.53% from the current stock price of 30.04.
Analyst Consensus: Buy
* Price targets were last updated on Feb 27, 2024.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $19 → $20 | Hold | Maintains | $19 → $20 | -33.42% | Feb 27, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | -36.75% | Nov 10, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | -40.08% | Aug 10, 2023 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $21 → $26 | Hold → Strong Buy | Upgrades | $21 → $26 | -13.45% | Jul 31, 2023 |
| Baird | Baird | Hold Maintains $18 → $22 | Hold | Maintains | $18 → $22 | -26.76% | Jul 20, 2023 |
Financial Forecast
Revenue This Year
897.22M
from 817.31M
Increased by 9.78%
Revenue Next Year
959.74M
from 897.22M
Increased by 6.97%
EPS This Year
1.22
from 0.36
Increased by 239.59%
EPS Next Year
1.43
from 1.22
Increased by 16.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 928.5M | 1.0B | 1.1B |
| Avg | 897.2M | 959.7M | 1.0B |
| Low | 859.3M | 908.2M | 987.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.6% | 12.3% | 13.7% |
| Avg | 9.8% | 7.0% | 8.7% |
| Low | 5.1% | 1.2% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.32 | 1.71 | 2.01 |
| Avg | 1.22 | 1.43 | 1.79 |
| Low | 1.16 | 1.27 | 1.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 267.5% | 40.0% | 40.3% |
| Avg | 239.6% | 16.9% | 24.9% |
| Low | 221.2% | 4.2% | 9.0% |
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.