VRSK Price Prediction Next Week
Technical Analysis
Recent price action shows VRSK experiencing a notable decline, dropping 4.1% in the latest trading session. The stock is currently testing key support levels after reaching recent highs.
News Impact
Recent significant news includes:
- Strong Q4 2024 earnings with revenue of $735.6 million and net profit of $210.4 million, showing growth from previous year
- Multiple analyst updates with mixed sentiment:
- Evercore ISI maintained Hold rating with $285 price target
- BMO Capital issued Hold rating
- Argus Research maintained Buy rating
Analyst Consensus
The current analyst consensus shows a balanced view, with price targets ranging from $280-$297. The recent analyst actions suggest caution in the near term despite strong fundamentals.
Price Prediction for Next Week
Based on technical indicators and recent news:
- Support levels: $285-$288
- Resistance levels: $295-$297
Scenarios:
- Bullish (30% probability): Recovery to $295 if broader market stabilizes
- Bearish (45% probability): Further decline to $282-285 range
- Neutral (25% probability): Consolidation between $288-292
Recommendation: SELL
Rationale:
- Recent sharp decline indicates weakening momentum
- Multiple analysts maintaining Hold ratings suggests limited upside
- Technical indicators point to further potential downside
- Current market conditions and sector rotation may continue pressuring the stock
Target exit price: $288-290 range Stop loss: $295 (if position reverses)
VRSK Similar Chart Price Prediction
The price of VRSK is predicted to go up -29.53%, based on the high correlation periods with TREE. The similarity of these two price pattern on the periods is 96.42%.
VRSK
TREE
Down: -29.53%Similarity: 96.42%
VRSK Revenue Forecast
VRSK EPS Forecast
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VRSK VS S&P500
Verisk is doubling down on the regulatory advantaged insurance vertical, which we believe will support a material improvement in returns on invested capital and profitability.
Verisk's earnings are tied to the steady, nondiscretionary P&C insurance market, providing investors a defensive earnings profile.
We expect Verisk can leverage existing data assets and industry relationships to execute on growth levers in adjacent markets including life insurance and marketing solutions.
VRSK Analyst's Forecast
Manav Patnaik
Barclays
Buy → Hold
2025-01-10
Price Target
$310
Upside
+15.4%
Barclays analyst Manav Patnaik downgraded Verisk Analytics (VRSK) to Equal Weight from Overweight with an unchanged price target of $310. The firm prefers the "cyclical leverage" of Gartner (IT) over Verisk at this point. The latter has little revenue and margin upside in 2025, the analyst tells investors in a research note. Barclays says Verisk 's positive catalysts are "waning" and that it prefers the growth acceleration stories for Thomson Reuters (TRI) and Gartner to start the year.
Jeffrey Meuler
Baird
Buy
2024-10-31
Price Target
$285 → $301
Upside
+9.57%
Ashish Sabadra
RBC Capital
Buy
2024-10-17
Price Target
$268 → $300
Upside
+12.27%
