JPMorgan Chase & Co. Lowers Verra Mobility (NASDAQ:VRRM) Price Target to $24.00

Verra Mobility (NASDAQ:VRRM) had its price target decreased by stock analysts at JPMorgan Chase & Co. from $25.00 to $24.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 50.34% from the company’s current price.

Other analysts also recently issued reports about the company. UBS Group boosted their target price on Verra Mobility from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Wall Street Zen upgraded shares of Verra Mobility from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 20th. Morgan Stanley lowered their price objective on shares of Verra Mobility from $24.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Verra Mobility in a research report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Verra Mobility currently has a consensus rating of “Hold” and a consensus target price of $26.25.

Verra Mobility Price Performance

VRRM traded down $2.75 on Wednesday, hitting $15.96. 2,808,142 shares of the company were exchanged, compared to its average volume of 1,488,441. The company has a debt-to-equity ratio of 2.55, a quick ratio of 2.35 and a current ratio of 2.45. The business’s fifty day moving average is $20.86 and its 200 day moving average is $22.62. Verra Mobility has a fifty-two week low of $15.58 and a fifty-two week high of $26.38. The firm has a market capitalization of $2.55 billion, a P/E ratio of 49.85, a price-to-earnings-growth ratio of 2.93 and a beta of 0.59.

Verra Mobility (NASDAQ:VRRM) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The company had revenue of $257.86 million for the quarter, compared to analyst estimates of $241.17 million. Verra Mobility had a net margin of 5.42% and a return on equity of 60.72%. Verra Mobility’s revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 earnings per share. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. As a group, sell-side analysts anticipate that Verra Mobility will post 1.08 EPS for the current year.

Institutional Investors Weigh In On Verra Mobility

A number of hedge funds and other institutional investors have recently modified their holdings of VRRM. Royal Bank of Canada lifted its stake in shares of Verra Mobility by 14.3% during the first quarter. Royal Bank of Canada now owns 148,464 shares of the company’s stock valued at $3,342,000 after buying an additional 18,562 shares during the period. AQR Capital Management LLC lifted its stake in shares of Verra Mobility by 21.7% during the 1st quarter. AQR Capital Management LLC now owns 34,501 shares of the company’s stock worth $777,000 after purchasing an additional 6,153 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Verra Mobility by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 98,120 shares of the company’s stock worth $2,209,000 after purchasing an additional 4,302 shares during the period. Millennium Management LLC boosted its holdings in shares of Verra Mobility by 208.0% during the first quarter. Millennium Management LLC now owns 375,421 shares of the company’s stock worth $8,451,000 after purchasing an additional 253,529 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Verra Mobility by 33.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,182,297 shares of the company’s stock valued at $26,614,000 after purchasing an additional 293,082 shares during the period.

Verra Mobility News Summary

Here are the key news stories impacting Verra Mobility this week:

• Positive Sentiment: Q4 revenue beat and top-line growth — Verra reported Q4 revenue of ~$257.9M, up ~16% year‑over‑year and above consensus, showing continued demand and growth in its mobility services. Q4 results and slides
• Positive Sentiment: Contract wins and shareholder actions — Management highlighted a new five‑year contract with NYC and completed meaningful buybacks ($133.4M repurchased in Q4), both supportive of future revenue visibility and shareholder value. PR Newswire release
• Neutral Sentiment: FY‑2026 EPS guidance roughly in line with consensus — The company set FY‑2026 EPS guidance of $1.32–$1.38 (consensus ~1.32), which implies limited upside from current expectations but provides a clear target range. Revenue guidance was reiterated in the ~$1.02B area. Guidance and margin commentary
• Negative Sentiment: EPS miss and sharp profitability compression — GAAP/adjusted EPS missed (reported $0.30 vs. ~$0.32 expected) while operating profit and net income declined materially year‑over‑year; management flagged margin impact from investments (MOSAIC) and the NYC contract transition. These items explain investor concern despite revenue strength. Earnings detail and profitability impact
• Negative Sentiment: Analyst reaction: price‑target cut and appetite cooling — Morgan Stanley lowered its price target from $24 to $20 and moved to an “equal weight” rating, signaling less conviction near term; headlines and sell‑side/market reaction amplified the selloff. Analyst target cut (Benzinga)
• Negative Sentiment: Cash flow dynamics and higher capex — The company increased capex and investment spending, reduced cash balances versus a year ago, and reported higher costs of sales — factors that magnify concern about near‑term margin recovery. Headline on earnings miss and guidance

Verra Mobility Company Profile

Verra Mobility, traded on the Nasdaq under the ticker VRRM, is a leading provider of smart mobility solutions designed to improve safety, efficiency and compliance for transportation authorities and commercial fleets. The company develops and operates automated traffic enforcement systems, toll and violation management platforms, and connected-vehicle services. Through its technology offerings, Verra Mobility helps public agencies enhance road safety, reduce congestion and streamline revenue collection for tolling and parking.

Verra Mobility’s core products include red-light and speed-camera enforcement programs, license plate recognition systems, and cloud-based violation processing software.