Verisk Analytics stock hits all-time high of $300.7

Verisk Analytics Inc . (NASDAQ:VRSK) stock soared to an all-time high this week, reaching a price level of $300.7. The company, with a market capitalization of $42.1 billion, continues to demonstrate strong momentum, with analysts setting price targets ranging from $230 to $325. The company, known for its data analytics and risk assessment services, has seen a remarkable 25.12% increase in its stock value over the past year. According to InvestingPro, the company maintains impressive gross profit margins of 68.7% and has achieved revenue growth of 7.47%. This significant growth underscores investor confidence in Verisk’s business model and its ability to capitalize on the growing demand for big data and analytics in various industries. While trading at a P/E ratio of 44.5, InvestingPro analysis suggests the stock may be overvalued at current levels. The milestone of achieving an all-time high reflects the company’s strong financial performance and strategic initiatives that have resonated well with the market. For deeper insights into Verisk’s valuation and 15+ additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Verisk Analytics reported its fourth-quarter 2024 earnings, revealing a slight beat on revenue forecasts, with revenue reaching $736 million, surpassing the expected $733.53 million. The company posted an adjusted earnings per share (EPS) of $1.61, slightly below the forecast of $1.60. Subscription revenues saw a significant increase of 11% during the quarter. RBC Capital Markets maintained an Outperform rating on Verisk, highlighting the company’s accelerated subscription growth and strategic enhancements. BMO Capital Markets raised Verisk’s stock target to $297, noting a slight beat on adjusted EPS for the fourth quarter and robust share buyback activity. Morgan Stanley (NYSE:MS) adjusted its outlook by raising the price target to $305, noting Verisk’s notable subscription growth and consistent revenue guidance for 2025. Despite positive developments, Verisk’s guidance for 2025 came in lighter than anticipated, with analysts noting potential future upward revisions. Management emphasized continued investment in innovation and strategic initiatives, supporting long-term growth and operational efficiency improvements.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.