Verisk Analytics stock price target raised to $244 by BMO on AI growth

Investing.com ·

Verisk Analytics stock price target raised to $244 by BMO on AI growth

Investing.com - BMO Capital raised its price target on Verisk Analytics stock (NASDAQ:VRSK) to $244 from $217 on Wednesday while maintaining an Outperform rating.

The firm cited adjusted earnings per share that exceeded consensus estimates, with accelerating subscription growth and transactional revenue returning to growth. The company’s impressive gross profit margin of 70% reflects its strong pricing power, while the stock trades at a P/E ratio of 32.3. The analyst noted easier comparisons and stronger performance in Life Solutions.

Subscription trends remained healthy, according to BMO Capital. The firm said AI commentary was constructive, pointing to growing adoption of MCP and Forms AI Builder.

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