Verra Mobility Corporation (VRRM)
NASDAQ: VRRM · IEX Real-Time Price · USD
30.30
-0.51 (-1.66%)
At close: Jul 17, 2024, 4:00 PM
30.65
+0.35 (1.16%)
After-hours: Jul 17, 2024, 5:23 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 -25.18% from the current stock price of 30.30.

Analyst Consensus: Buy
Target Low Average Median High
Price $20 $22.67 $22 $26
Change -33.99% -25.18% -27.39% -14.19%
* 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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111111
Buy 111110
Hold 222222
Sell 000000
Strong Sell 000000
Total 444443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Hold
Maintains
$19$20
Hold Maintains $19$20 -33.99% Feb 27, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$18$19
Hold Maintains $18$19 -37.29% Nov 10, 2023
Morgan Stanley
Morgan Stanley
Hold
Maintains
$17$18
Hold Maintains $17$18 -40.59% Aug 10, 2023
Deutsche Bank
Deutsche Bank
Strong Buy
Upgrades
$21$26
Strong Buy Upgrades $21$26 -14.19% Jul 31, 2023
Baird
Baird
Hold
Maintains
$18$22
Hold Maintains $18$22 -27.39% Jul 20, 2023
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
448.74M393.59M550.59M741.60M817.31M897.22M959.74M1.04B
Revenue Growth
21.23%-12.29%39.89%34.69%10.21%9.78%6.97%8.68%
EPS
0.11-0.030.250.500.361.221.431.79
EPS Growth
---100.00%-28.00%239.59%16.93%24.87%
Forward PE
-----24.7821.2016.97
No. Analysts -----995
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
13.6%
12.3%
13.7%
Avg
9.8%
7.0%
8.7%
Low
5.1%
1.2%
2.9%

EPS Forecast

EPS 202420252026
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 202420252026
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.