Verra Mobility Corporation (VRRM)
NASDAQ: VRRM · Real-Time Price · USD
26.44
-0.29 (-1.08%)
Oct 22, 2024, 4:00 PM EDT - Market closed
Verra Mobility Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Verra Mobility stock have an average target of 29, with a low estimate of 27 and a high estimate of 31. The average target predicts an increase of 9.68% from the current stock price of 26.44.
Analyst Consensus: Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $28 → $29 | Hold | Maintains | $28 → $29 | +9.68% | Oct 14, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $28 → $31 | Strong Buy | Maintains | $28 → $31 | +17.25% | Aug 9, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $22 → $27 | Hold | Maintains | $22 → $27 | +2.12% | Aug 6, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $19 → $20 | Hold | Maintains | $19 → $20 | -24.36% | Feb 27, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | -28.14% | Nov 10, 2023 |
Financial Forecast
Revenue This Year
898.33M
from 817.31M
Increased by 9.91%
Revenue Next Year
962.91M
from 898.33M
Increased by 7.19%
EPS This Year
1.23
from 0.36
Increased by 243.70%
EPS Next Year
1.42
from 1.23
Increased by 14.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 928.9M | 1.0B | 1.1B |
| Avg | 898.3M | 962.9M | 1.1B |
| Low | 860.3M | 908.2M | 990.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.7% | 12.9% | 14.7% |
| Avg | 9.9% | 7.2% | 9.0% |
| Low | 5.3% | 1.1% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.37 | 1.66 | 1.88 |
| Avg | 1.23 | 1.42 | 1.58 |
| Low | 1.16 | 1.27 | 1.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 280.1% | 34.4% | 32.6% |
| Avg | 243.7% | 14.9% | 11.7% |
| Low | 222.0% | 3.2% | -15.7% |
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.