VRSK Price Prediction Next Week
Based on the provided data and recent market developments, here's the analysis and prediction for VRSK's stock price next week:
Technical Analysis
The technical indicators show VRSK is currently in a neutral position with RSI at 51.64, suggesting neither overbought nor oversold conditions. The stock is trading slightly below its 60-day moving average of $280.63, indicating some short-term weakness.
News Impact Analysis Two major recent events will likely impact VRSK's price next week:
- Los Angeles Wildfires Impact:
- VRSK estimates insured losses between $28-35 billion
- This demonstrates VRSK's critical role in catastrophe risk modeling
- Positive sentiment as it showcases VRSK's industry leadership
- Upcoming Q4 Earnings:
- Scheduled for February 19, 2025
- Analysts expect EPS of $1.60, up 14.3% YoY
- Strong track record of beating estimates in 3 out of last 4 quarters
Price Target Analysis Based on Fibonacci levels:
- Resistance levels: R1: $281.02, R2: $284.78, R3: $290.87
- Support levels: S1: $268.84, S2: $265.08, S3: $258.99
- Pivot point: $274.93
Price Prediction for Next Week Given the technical indicators and catalysts:
- Base case (60% probability): $282-286
- Bullish case (25% probability): $287-291
- Bearish case (15% probability): $275-279
The stock is likely to test the R1 resistance level at $281.02 early in the week, driven by positive sentiment from the wildfire loss estimates. If broken, expect movement toward R2 at $284.78.
Trading Recommendation BUY with entry point at current level ($278.93) with a stop loss at $274.93 (pivot point) and initial target at $284.78 (R2).
Key reasons:
- Strong fundamental outlook with expected 14.3% EPS growth
- Positive catalyst from wildfire loss estimates
- Technical support from Fibonacci levels
- Historically strong performance in pre-earnings period
VRSK Similar Chart Price Prediction
The price of VRSK is predicted to go up 14.25%, based on the high correlation periods with VIAV. The similarity of these two price pattern on the periods is 90.46%.
VRSK
VIAV
Up: 14.25%Similarity: 90.46%
VRSK Revenue Forecast
VRSK EPS Forecast
VRSK FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
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
Jeffrey Meuler
Baird
Buy
Price Target
$285 → $301
Upside
+9.57%
Baird analyst Jeffrey Meuler raised the firm's price target on Verisk Analytics to $301 from $285 and keeps an Outperform rating on the shares. The firm said they are modestly more positive following Q3 results, and though the investment view little changed, they see portfolio value as high-quality acyclical compounder, though positive characteristics seem reasonably well reflected in premium valuation.
Ashish Sabadra
RBC Capital
Buy
Price Target
$268 → $300
Upside
+12.27%