Analyst Consensus ?
ConsensusHold25 ratings
Bullish1040.0%
Neutral1456.0%
Bearish14.0%
Verisk Analytics, Inc. · VRSK · FY2024 Q2 · Calendar Q3 2024
Verisk: Subscription growth offsets transactional revenue decline
The supplied analysis supports a constructive but qualified view of Verisk's earnings trajectory: subscription expansion, renewals, pricing realization, and product investment supported growth and margin expansion, while transactional volatility and regulatory and execution risks remain material.
Reported Before market openNASDAQTechnology
$25.49B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.74
Consensus $1.64
EPS surprise
+6.1%
Reported versus consensus
Reported revenue
$716.8M
Consensus $722.4M
Revenue surprise
-0.8%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-8.5%
Event window
SPY move
+1.6%
Same window
Abnormal move
-10.1%
Stock minus SPY
Volume
2.0×
Versus trailing sessions
Subsequent drift
+3.7%
Up to 20 sessions
VRSKSPY benchmark
Ask FN2 about VRSK FY2024 Q2
Transcript, numbers and history already loaded
Why did VRSK fall 8.5% after beating EPS estimates in FY2024 Q2?What changed in VRSK's guidance and outlook in FY2024 Q2?Give me the bull and bear case for VRSK after FY2024 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, subscription growth remained the central driver, rising to 8.3% organically and 81% of revenue, while transactional revenue fell 3%. The company added or emphasized the ISO Experience Index, Liability Navigator, ClaimSearch partnerships, and roof analytics; full-year guidance was maintained.
Guidance delta
Management maintained full-year 2024 guidance: revenue of $2.84 billion to $2.90 billion, adjusted EBITDA of $1.54 billion to $1.60 billion, and EPS of $6.30 to $6.60.
Key takeaways
- Subscription revenue grew 8.3% organically and represented 81% of total revenue, while transactional revenue declined 3%.
- Adjusted EPS increased 15% and adjusted EBITDA margin expanded to 55.4%.
- Management highlighted the ISO Experience Index, Liability Navigator, ClaimSearch partnerships, and new roof analytics as product and growth initiatives.
- The main watchpoints are weather-driven claim volatility, regulatory scrutiny, premium-growth moderation, and execution during accelerated hiring.
Management priorities
- Extend the ISO Experience Index to additional insurance lines.
- Broaden the White Space platform ecosystem and add ClaimSearch partners.
- Deploy roof analytics and wildfire-risk solutions, while continuing investment in AI-driven fraud detection and real-time data automation.
- Pursue opportunistic M&A focused on distinctive data and analytics businesses.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$195.88Current
$185Low
$248.97Average
$334High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 25, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Oct 13, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Oct 13, 2026 |
| Barclays | Overweight | Overweight | Maintain | Sep 8, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Jul 30, 2026 |
| UBS | Neutral | Neutral | Maintain | Jul 30, 2026 |
| Evercore ISI Group | In Line | In Line | Maintain | Jul 30, 2026 |
| Jefferies | Buy | Hold | Upgrade | Jul 23, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | May 19, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Apr 30, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Mar 30, 2026 |
| Raymond James | Strong Buy | Outperform | Upgrade | Mar 2, 2026 |
| Goldman Sachs | Neutral | Neutral | Maintain | Feb 19, 2026 |
| Rothschild & Co | Sell | Neutral | Downgrade | Oct 16, 2025 |
| Baird | Outperform | Outperform | Maintain | May 8, 2025 |
| Deutsche Bank | Hold | Hold | Maintain | Aug 1, 2024 |
| Truist Securities | Buy | Buy | Maintain | Oct 17, 2023 |
| Redburn Partners | Neutral | Sell | Upgrade | Mar 20, 2023 |
| Credit Suisse | Neutral | Neutral | Maintain | Mar 6, 2023 |
| Bank of America | Neutral | Neutral | Maintain | Jul 31, 2019 |
| Keefe, Bruyette & Woods | Market Perform | Outperform | Downgrade | Aug 2, 2018 |
| Keefe Bruyette & Woods | Market Perform | Outperform | Downgrade | Aug 2, 2018 |
| SunTrust Robinson Humphrey | Hold | Buy | Downgrade | Aug 3, 2017 |
| Macquarie | Outperform | Neutral | Upgrade | May 5, 2017 |
| Susquehanna | Neutral | Positive | Downgrade | Feb 15, 2017 |
| Evercore Partners | Equal Weight | Overweight | Downgrade | Feb 27, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $195.88. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| BMO Capital | Jeffrey Silber | $217 | $178.17 | +10.8% | Oct 13, 2026 |
| Barclays | Analyst unavailable | $225 | $185.79 | +14.9% | Sep 8, 2026 |
| UBS | Analyst unavailable | $228 | $201.43 | +16.4% | Jul 30, 2026 |
| UBS | Alex Kramm | $235 | $200.71 | +20.0% | Jul 30, 2026 |
| Robert W. Baird | Jeffrey Meuler | $247 | $200.18 | +26.1% | Jul 30, 2026 |
| Evercore ISI | Analyst unavailable | $223 | $201.34 | +13.8% | Jul 30, 2026 |
| UBS | Analyst unavailable | $248 | $213.15 | +26.6% | Jul 30, 2026 |
| Jefferies | Analyst unavailable | $235 | $192.28 | +20.0% | Jul 23, 2026 |
| Redburn Partners | Russell Quelch | $185 | $175.35 | -5.6% | Jun 18, 2026 |
| Morgan Stanley | Analyst unavailable | $235 | $184.74 | +20.0% | Apr 30, 2026 |
| Capital One Financial | Analyst unavailable | $224 | $209.32 | +14.4% | Mar 5, 2026 |
| Raymond James | Gregory Peters | $260 | $211.54 | +32.7% | Mar 2, 2026 |
| RBC Capital | Verisk Analytics to | $230 | $184.33 | +17.4% | Feb 19, 2026 |
| Robert W. Baird | Verisk Analytics to | $230 | $185.02 | +17.4% | Feb 19, 2026 |
| Morgan Stanley | Verisk Analytics to | $230 | $184.96 | +17.4% | Feb 19, 2026 |
| UBS | Analyst unavailable | $224 | $185.11 | +14.4% | Feb 19, 2026 |
| BMO Capital | Verisk Analytics to | $224 | $184.07 | +14.4% | Feb 19, 2026 |
| Wells Fargo | Jason Haas | $223 | $184.07 | +13.8% | Feb 19, 2026 |
| Wells Fargo | Verisk Analytics to | $237 | $169.47 | +21.0% | Feb 11, 2026 |
| BMO Capital | Verisk Analytics to Outperform | $233 | $192.49 | +19.0% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $270 | $218.42 | +37.8% | Dec 17, 2025 |
| RBC Capital | Verisk Analytics to | $250 | $208 | +27.6% | Oct 30, 2025 |
| Goldman Sachs | Analyst unavailable | $239 | $208 | +22.0% | Oct 30, 2025 |
| Seaport Global | John Mazzoni | $280 | $251.51 | +42.9% | Oct 1, 2025 |
| Wells Fargo | Analyst unavailable | $334 | $249.69 | +70.5% | Sep 17, 2025 |
| Raymond James | Analyst unavailable | $315 | $268 | +60.8% | Aug 4, 2025 |
| Evercore ISI | David Motemaden | $279 | $267.62 | +42.4% | Oct 21, 2024 |
| RBC Capital | Ashish Sabadra | $300 | $270.6 | +53.2% | Oct 17, 2024 |
| Robert W. Baird | Jeffrey Meuler | $285 | $265.27 | +45.5% | Sep 24, 2024 |
| Barclays | Manav Patnaik | $310 | $269.37 | +58.3% | Sep 13, 2024 |
| Autonomous Research | Kelsey Zhu | $326 | $278.12 | +66.4% | Jul 24, 2024 |
| UBS | Alex Kramm | $285 | $273.67 | +45.5% | Jul 9, 2024 |
| RBC Capital | Ashish Sabadra | $268 | $268.8 | +36.8% | Jun 18, 2024 |
| Argus Research | John Staszak | $280 | $241.86 | +42.9% | May 7, 2024 |
| Robert W. Baird | Jeffrey Meuler | $268 | $232.81 | +36.8% | May 2, 2024 |
| BMO Capital | Jeffrey Silber | $241 | $232.81 | +23.0% | May 2, 2024 |
| Deutsche Bank | Faiza Alwy | $262 | $232.81 | +33.8% | May 2, 2024 |
| Morgan Stanley | Analyst unavailable | $181 | $179.31 | -7.6% | Jan 4, 2023 |
| Barclays | Analyst unavailable | $220 | $182.52 | +12.3% | Dec 2, 2022 |
| RBC Capital | Ashish Sabadra | $210 | $170.93 | +7.2% | Jun 29, 2022 |
| UBS | Analyst unavailable | $215 | $214.97 | +9.8% | Apr 19, 2022 |
| Jefferies | Hamzah Mazari | $230 | $208 | +17.4% | Mar 26, 2022 |
| Morgan Stanley | Toni Kaplan | $201 | $178.91 | +2.6% | Feb 24, 2022 |
| Truist Financial | Andrew Jeffrey | $250 | $213.65 | +27.6% | Nov 3, 2021 |
| Barclays | Raimo Lenschow | $240 | $200.5 | +22.5% | Sep 17, 2021 |
Track every rating change on VRSK the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationVerisk Analytics, Inc. is a global leader in providing advanced data analytics. It offers predictive insights and decision-making tools to a diverse clientele across numerous sectors. These include risk assessment (such as rating, underwriting, and claims), catastrophe and weather risk management, global risk analytics, natural resource intelligence, economic forecasting, commercial banking, finance, and many other specialized areas. The company's operations are organized into three primary divisions: Insurance, Energy and Specialized Markets, and Financial Services. Within the Insurance segment, Verisk assists property and casualty insurers by focusing on anticipating potential losses, accurately selecting and pricing risks, and ensuring regulatory compliance. This division develops sophisticated machine learning and artificial intelligence models to predict various scenarios and generate both standard and tailored analytics.…
Historical context
All VRSK earningsTechnology peers this season
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| SSNC SS&C Technologies Holdings, Inc. | FY2026 Q3 · Calendar Q4 2026 | +0.6% | +2.8% | SS&C raises 2026 outlook as AI and tokenization support growth |
| ROP Roper Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +1.7% | +9.7% | Roper raises DEPS outlook as AI adoption expands across portfolio |
| VRSN VeriSign, Inc. | FY2026 Q3 · Calendar Q4 2026 | -2.0% | -0.9% | VeriSign reports record registrations as renewal mix becomes a key watchpoint |
| TTMI TTM Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +16.8% | -27.7% | TTM Technologies Q3: Record Growth, Higher Investment, More Deal Risk |
| NOK Nokia Oyj | FY2026 Q3 · Calendar Q4 2026 | +25.0% | -14.8% | Nokia Q3: AI and cloud growth lifts margins as cash flow stays negative |
Latest beats and misses
Who reports nextBeat on EPS
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
- FCNCOFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- FCNCPFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- RDYFY2027 Q2 · October 23, 2026+24.0% EPS-0.2% move
- SLBFY2026 Q3 · October 23, 2026+3.7% EPS+7.1% move
Missed on EPS
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
Get the VRSK recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-10-17T05:10:49.140638+00:00
- Polygon adjusted daily market bars · 2026-10-25T10:50:42.458510+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-25T10:50:42.455514+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-25. For educational purposes only; not investment advice.