Fiserv earnings missed by $0.61, revenue fell short of estimates
Investing.com - Seaport Global Securities initiated coverage on Verisk Analytics (NASDAQ:VRSK) with a Buy rating and a price target of $280.00 on Wednesday. The target represents potential upside from the current price of $251.51, though InvestingPro analysis suggests the stock is currently trading above its Fair Value.
The research firm identified Verisk Analytics as its "top defensive pick" in its coverage universe, citing the company’s stable recurring revenue stream through its Insurance Services Office (ISO).
Seaport Global highlighted Verisk’s leading position in the insurance end-market, particularly in underwriting and claims data services.
The firm noted that Verisk’s competitive advantage stems from "decades of difficult to replicate contributory data" that the company has accumulated.
Verisk Analytics provides data analytics solutions primarily to insurance, energy, and financial services industries, with its insurance segment representing the core of its business model.
In other recent news, Verisk Analytics reported its Q2 2025 earnings, exceeding analyst expectations with an earnings per share of $1.88, surpassing the forecasted $1.77. Revenue for the quarter also came in slightly higher than anticipated, reaching $773 million compared to the expected $768.74 million. RBC Capital has reiterated an Outperform rating on Verisk Analytics, maintaining a price target of $314.00, while Wolfe Research initiated coverage with an Outperform rating and a $320 price target, citing the company’s strong structural position and recurring revenue growth.
Additionally, Verisk announced the appointment of Saurabh Khemka as president of Underwriting Solutions, a role in which he will oversee the entire Underwriting Solutions business. The company also launched XactAI, a new suite of AI-powered tools designed to streamline claims processing by automating various administrative tasks. These developments reflect Verisk’s ongoing efforts to enhance its offerings and maintain its market position.
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