Verisk sees 2026 revenue between $3.19 bln and $3.24 bln
Company expects 2026 diluted adjusted EPS of $7.45 to $7.75
Verisk reaffirms 2026 financial outlook and expects growth to align with Investor Day targets
Overview
US insurance data analytics firm's Q2 revenue rose 4.3%, slightly beating analyst expectations
Q2 adjusted EPS and adjusted EBITDA both beat analyst expectations
Company executed $200 mln accelerated share repurchase in Q2
Result drivers and key details
Underwriting price increases - Co said underwriting revenue rose due to annual price increases and expanded solutions in catastrophe and risk services
Claims analytics demand - Claims revenue rose due to demand for anti-fraud analytics and property and restoration solutions
Higher costs - Net income declined mainly due to a higher effective tax rate, increased net interest expense, and legal fees related to ongoing litigation
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Verisk Analytics Inc is $228.27, about 7.5% above its July 28 closing price of $212.26
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 24 three months ago
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