Verra Mobility Corporation (VRRM)
NASDAQ: VRRM · IEX Real-Time Price · USD
24.41
+0.53 (2.22%)
At close: Apr 23, 2024, 4:00 PM
24.61
+0.20 (0.80%)
After-hours: Apr 23, 2024, 6:30 PM 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 -7.13% from the current stock price of 24.41.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 | -18.07% | Feb 27, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | -22.16% | Nov 10, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | -26.26% | Aug 10, 2023 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $21 → $26 | Hold → Strong Buy | Upgrades | $21 → $26 | +6.51% | Jul 31, 2023 |
| Baird | Baird | Hold Maintains $18 → $22 | Hold | Maintains | $18 → $22 | -9.87% | Jul 20, 2023 |
Financial Forecast
Revenue This Year
890.08M
from 817.31M
Increased by 8.90%
Revenue Next Year
952.64M
from 890.08M
Increased by 7.03%
EPS This Year
1.20
from 0.36
Increased by 234.33%
EPS Next Year
1.39
from 1.20
Increased by 15.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 921.3M | 995.1M | 1.1B |
| Avg | 890.1M | 952.6M | 1.0B |
| Low | 852.6M | 899.8M | 977.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.7% | 11.8% | 12.5% |
| Avg | 8.9% | 7.0% | 8.2% |
| Low | 4.3% | 1.1% | 2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.31 | 1.58 | 1.84 |
| Avg | 1.20 | 1.39 | 1.70 |
| Low | 1.13 | 1.26 | 1.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 264.6% | 30.9% | 32.5% |
| Avg | 234.3% | 15.3% | 22.5% |
| Low | 213.1% | 5.0% | 8.8% |
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.