Verra Mobility (VRRM) Stock Forecast, Price Target & Predictions
VRRM Stock Forecast
Verra Mobility stock forecast is as follows: an average price target of $29.00 (represents a 19.93% upside from VRRM’s last price of $24.18) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
VRRM Price Target
The average price target for Verra Mobility (VRRM) is $29.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $29.00. This represents a potential 19.93% upside from VRRM's last price of $24.18.
VRRM Analyst Ratings
According to 3 Wall Street analysts, Verra Mobility's rating consensus is 'Buy'. The analyst rating breakdown for VRRM stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Verra Mobility Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 14, 2024 | David Koning | Robert W. Baird | $29.00 | $27.54 | 5.30% | 19.93% |
| Jul 31, 2023 | Faiza Alwy | Deutsche Bank | $26.00 | $20.38 | 27.58% | 7.53% |
| Apr 25, 2022 | Credit Suisse | $20.00 | $14.72 | 35.87% | -17.29% |
The latest Verra Mobility stock forecast, released on Oct 14, 2024 by David Koning from Robert W. Baird, set a price target of $29.00, which represents a 5.30% increase from the stock price at the time of the forecast ($27.54), and a 19.93% increase from VRRM last price ($24.18).
Verra Mobility Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $29.00 | $29.00 |
| Last Closing Price | $24.18 | $24.18 | $24.18 |
| Upside/Downside | -100.00% | 19.93% | 19.93% |
In the current month, the average price target of Verra Mobility stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Verra Mobility's last price of $24.18. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Aug 06, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 14, 2024 | UBS | Buy | Buy | Hold |
| Jul 31, 2023 | Deutsche Bank | Buy | Upgrade |
Verra Mobility's last stock rating was published by Deutsche Bank on Aug 09, 2024. The company gave VRRM a "Buy" rating, the same as its previous rate.
Verra Mobility Financial Forecast
Verra Mobility Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $211.01M | $209.93M | $204.46M | $191.90M | $186.07M | $197.66M | $187.49M | $170.38M | $169.98M | $162.09M | $128.66M | $89.86M | $100.16M | $96.91M | $79.81M | $116.71M | $112.46M | $128.24M |
| Avg Forecast | $254.04M | $257.90M | $253.37M | $239.06M | $236.09M | $239.88M | $234.84M | $221.43M | $220.44M | $226.65M | $220.32M | $203.02M | $202.71M | $208.97M | $197.98M | $183.35M | $184.41M | $197.39M | $179.80M | $165.17M | $158.72M | $154.56M | $111.67M | $91.48M | $92.77M | $93.59M | $74.89M | $101.98M | $108.82M | $120.11M |
| High Forecast | $256.38M | $260.28M | $255.71M | $241.26M | $238.27M | $242.09M | $237.01M | $224.20M | $221.97M | $226.68M | $220.32M | $204.89M | $204.39M | $208.97M | $199.81M | $185.04M | $186.04M | $197.39M | $179.80M | $165.17M | $158.72M | $154.56M | $111.67M | $91.48M | $92.77M | $93.59M | $74.89M | $101.98M | $108.82M | $120.11M |
| Low Forecast | $250.60M | $254.41M | $249.94M | $235.82M | $232.89M | $236.63M | $231.66M | $218.66M | $219.42M | $226.62M | $220.32M | $200.27M | $201.18M | $208.97M | $195.30M | $180.86M | $182.43M | $197.39M | $179.80M | $165.17M | $158.72M | $154.56M | $111.67M | $91.48M | $92.77M | $93.59M | $74.89M | $101.98M | $108.82M | $120.11M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.00% | 1.03% | 1.05% | 1.01% | 1.00% | 1.04% | 1.03% | 1.07% | 1.05% | 1.15% | 0.98% | 1.08% | 1.04% | 1.07% | 1.14% | 1.03% | 1.07% |
Verra Mobility's average Quarter revenue forecast for Mar 24 based on 2 analysts is $203.02M, with a low forecast of $200.27M, and a high forecast of $204.89M. VRRM's average Quarter revenue forecast represents a -3.79% decrease compared to the company's last Quarter revenue of $211.01M (Dec 23).
Verra Mobility EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $48.18M | $89.79M | $89.81M | $84.19M | $79.38M | $83.04M | $85.10M | $70.78M | $72.47M | $79.96M | $51.59M | $25.58M | $38.88M | $49.67M | $19.29M | $51.59M | $56.18M | $68.08M |
| Avg Forecast | $106.05M | $107.66M | $105.77M | $99.80M | $98.56M | $100.14M | $98.04M | $92.44M | $92.02M | $94.62M | $91.97M | $84.69M | $84.62M | $87.24M | $82.65M | $76.99M | $139.49M | $85.18M | $77.59M | $69.99M | $68.49M | $66.70M | $48.19M | $69.06M | $40.03M | $40.39M | $32.32M | $92.86M | $46.96M | $51.83M |
| High Forecast | $107.03M | $108.66M | $106.75M | $100.72M | $99.47M | $101.06M | $98.94M | $93.59M | $92.66M | $94.63M | $91.97M | $101.63M | $85.33M | $87.24M | $83.41M | $92.39M | $167.39M | $85.18M | $77.59M | $83.99M | $68.49M | $66.70M | $48.19M | $82.87M | $40.03M | $40.39M | $32.32M | $111.43M | $46.96M | $51.83M |
| Low Forecast | $104.62M | $106.21M | $104.34M | $98.44M | $97.22M | $98.78M | $96.71M | $91.28M | $91.60M | $94.60M | $91.97M | $67.75M | $83.98M | $87.23M | $81.53M | $61.60M | $111.59M | $85.18M | $77.59M | $56.00M | $68.49M | $66.70M | $48.19M | $55.25M | $40.03M | $40.39M | $32.32M | $74.29M | $46.96M | $51.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.57% | 1.03% | 1.09% | 1.09% | 0.57% | 0.97% | 1.10% | 1.01% | 1.06% | 1.20% | 1.07% | 0.37% | 0.97% | 1.23% | 0.60% | 0.56% | 1.20% | 1.31% |
2 analysts predict VRRM's average Quarter EBITDA for Mar 24 to be $84.69M, with a high of $101.63M and a low of $67.75M. This is 75.80% upper than Verra Mobility's previous annual EBITDA (Dec 23) of $48.18M.
Verra Mobility Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $3.02M | $30.31M | $19.11M | $4.58M | $28.22M | $24.58M | $29.64M | $10.04M | $19.07M | $27.31M | $3.99M | $-8.91M | $-1.42M | $6.69M | $-15.39M | $6.67M | $9.18M | $17.75M |
| Avg Forecast | $64.24M | $67.88M | $64.80M | $57.07M | $55.84M | $58.48M | $56.06M | $49.60M | $49.95M | $52.89M | $49.78M | $12.73M | $42.95M | $45.76M | $45.98M | $11.57M | $36.70M | $45.96M | $41.61M | $10.52M | $35.80M | $35.12M | $23.84M | $-24.07M | $21.68M | $17.43M | $6.07M | $12.01M | $26.98M | $40.11M |
| High Forecast | $65.01M | $68.69M | $65.57M | $57.76M | $56.51M | $59.18M | $56.73M | $51.20M | $51.61M | $53.27M | $49.78M | $15.27M | $49.31M | $45.77M | $46.53M | $13.88M | $44.04M | $45.96M | $41.61M | $12.62M | $35.80M | $35.12M | $23.84M | $-19.26M | $21.68M | $17.43M | $6.07M | $14.41M | $26.98M | $40.11M |
| Low Forecast | $63.11M | $66.68M | $63.66M | $56.07M | $54.86M | $57.44M | $55.07M | $46.40M | $48.29M | $52.52M | $49.78M | $10.18M | $39.77M | $45.76M | $45.17M | $9.26M | $29.36M | $45.96M | $41.61M | $8.41M | $35.80M | $35.12M | $23.84M | $-28.88M | $21.68M | $17.43M | $6.07M | $9.61M | $26.98M | $40.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.07% | 0.66% | 0.42% | 0.40% | 0.77% | 0.53% | 0.71% | 0.95% | 0.53% | 0.78% | 0.17% | 0.37% | -0.07% | 0.38% | -2.54% | 0.56% | 0.34% | 0.44% |
Verra Mobility's average Quarter net income forecast for Mar 24 is $12.73M, with a range of $10.18M to $15.27M. VRRM's average Quarter net income forecast represents a 321.14% increase compared to the company's last Quarter net income of $3.02M (Dec 23).
Verra Mobility SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $73.06M | $42.28M | $43.20M | $40.01M | $40.22M | $41.13M | $40.44M | $41.63M | $37.97M | $31.58M | $26.48M | $28.64M | $25.45M | $17.51M | $20.82M | $25.89M | $22.78M | $21.29M |
| Avg Forecast | $54.18M | $55.00M | $54.04M | $50.98M | $50.35M | $51.16M | $50.08M | $47.22M | $47.01M | $48.34M | $46.99M | $52.78M | $43.23M | $44.57M | $42.22M | $47.98M | $71.52M | $56.81M | $51.75M | $43.62M | $45.68M | $44.48M | $32.14M | $26.33M | $26.70M | $26.94M | $21.55M | $29.35M | $31.32M | $34.57M |
| High Forecast | $54.68M | $55.51M | $54.53M | $51.45M | $50.82M | $51.63M | $50.55M | $47.81M | $47.34M | $48.34M | $46.99M | $63.33M | $43.59M | $44.57M | $42.61M | $57.58M | $85.83M | $56.81M | $51.75M | $52.34M | $45.68M | $44.48M | $32.14M | $26.33M | $26.70M | $26.94M | $21.55M | $29.35M | $31.32M | $34.57M |
| Low Forecast | $53.44M | $54.26M | $53.30M | $50.29M | $49.67M | $50.46M | $49.41M | $46.63M | $46.79M | $48.33M | $46.99M | $42.22M | $42.90M | $44.57M | $41.65M | $38.38M | $57.22M | $56.81M | $51.75M | $34.89M | $45.68M | $44.48M | $32.14M | $26.33M | $26.70M | $26.94M | $21.55M | $29.35M | $31.32M | $34.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.69% | 0.95% | 1.02% | 0.83% | 0.56% | 0.72% | 0.78% | 0.95% | 0.83% | 0.71% | 0.82% | 1.09% | 0.95% | 0.65% | 0.97% | 0.88% | 0.73% | 0.62% |
Verra Mobility's average Quarter SG&A projection for Mar 24 is $52.78M, based on 2 Wall Street analysts, with a range of $42.22M to $63.33M. The forecast indicates a -27.76% fall compared to VRRM last annual SG&A of $73.06M (Dec 23).
Verra Mobility EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.02 | $0.18 | $0.13 | $0.03 | $0.19 | $0.16 | $0.19 | $0.06 | $0.12 | $0.17 | $0.02 | $-0.05 | $-0.01 | $0.04 | $-0.10 | $0.04 | $0.06 | $0.11 |
| Avg Forecast | $0.38 | $0.40 | $0.39 | $0.34 | $0.33 | $0.35 | $0.33 | $0.30 | $0.30 | $0.32 | $0.30 | $0.26 | $0.26 | $0.27 | $0.27 | $0.22 | $0.22 | $0.27 | $0.25 | $0.21 | $0.21 | $0.21 | $0.14 | $0.11 | $0.13 | $0.10 | $0.04 | $0.13 | $0.16 | $0.24 |
| High Forecast | $0.39 | $0.41 | $0.39 | $0.34 | $0.34 | $0.35 | $0.34 | $0.31 | $0.31 | $0.32 | $0.30 | $0.27 | $0.29 | $0.27 | $0.28 | $0.22 | $0.22 | $0.27 | $0.25 | $0.21 | $0.21 | $0.21 | $0.14 | $0.11 | $0.13 | $0.10 | $0.04 | $0.13 | $0.16 | $0.24 |
| Low Forecast | $0.38 | $0.40 | $0.38 | $0.33 | $0.33 | $0.34 | $0.33 | $0.28 | $0.29 | $0.31 | $0.30 | $0.26 | $0.24 | $0.27 | $0.27 | $0.22 | $0.22 | $0.27 | $0.25 | $0.21 | $0.21 | $0.21 | $0.14 | $0.11 | $0.13 | $0.10 | $0.04 | $0.13 | $0.16 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.07% | 0.66% | 0.47% | 0.14% | 0.86% | 0.59% | 0.77% | 0.29% | 0.57% | 0.82% | 0.14% | -0.45% | -0.08% | 0.39% | -2.78% | 0.32% | 0.37% | 0.46% |
According to 2 Wall Street analysts, Verra Mobility's projected average Quarter EPS for Mar 24 is $0.26, with a low estimate of $0.26 and a high estimate of $0.27. This represents a 1378.44% increase compared to VRRM previous annual EPS of $0.02 (Dec 23).