Verisk Analytics (VRSK) operations have been dotted with activities over the period. The company’s continued focus on investments and acquisition endeavors, such as the takeover of
Nasdaq Risk Modelling for Catastrophes, is evolving its ecosystem for global extreme event risk assessment. Recent performance saw the company’s stock soaring by 4.4%, igniting speculations on further upside potential. However, Verisk also attracts criticism, receiving an underperform rating with a $280 target. Meanwhile, the company continues to demonstrate a solid growth outlook, nudging some market players to upgrade their position to buy. In the face of shareholder activism that led to a 3% stock dip, Verisk’s liquidity concerns remain mitigated by beneficial acquisitions. The company recently reported strong subscription growth, outperforming Q4 estimates, with strong revenue growth. Amid these fluctuations, Verisk’s stock shows resilience, continually hitting an all-time high. Its newly named Vice President of Innovation,
Dorothy Kelly, boost its ranks, along with other strategic appointments. Despite the intermittently mixed reactions, Verisk is generally viewed positively by Wall Street, with several price target upgrades.
Verisk Analytics VRSK News Analytics from Fri, 26 Apr 2024 00:28:28 GMT to Fri, 11 Apr 2025 16:00:33 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -2
