Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Canada, and Europe. It operates through two segments, Government Solutions and Commercial Services. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration solutions to rental car companies, fleet management companies, and other large fleet owners. The company was incorporated in 2016 and is headquartered in Mesa, Arizona.
IPO Year: 2017
Exchange: NASDAQ
Website: verramobility.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/26/2026 | $25.00 | Neutral | Analyst |
| 4/22/2025 | $27.00 | Neutral → Outperform | Robert W. Baird |
| 10/20/2023 | $25.00 | Buy | UBS |
| 7/31/2023 | $21.00 → $26.00 | Hold → Buy | Deutsche Bank |
| 7/13/2022 | $18.00 | Outperform → Neutral | Robert W. Baird |
| 3/30/2022 | $17.00 | Hold | Deutsche Bank |
| 11/9/2021 | $18.50 → $19.00 | Outperform | Credit Suisse |
| 8/11/2021 | $17.00 → $18.50 | Outperform | Credit Suisse |
| 8/10/2021 | $16.00 → $17.00 | Equal-Weight | Morgan Stanley |
| 7/6/2021 | $15.00 → $16.00 | Equal-Weight | Morgan Stanley |
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4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
4 - VERRA MOBILITY Corp (0001682745) (Issuer)
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MESA, Ariz., March 10, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that Craig Conti, Chief Financial Officer, is scheduled to participate in a fireside chat at the J.P. Morgan Industrials Conference on Tuesday, March 17, 2026, at 9:30 a.m. ET. About Verra MobilityVerra Mobility Corporation (NASDAQ:VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The Company sits at the center of the mobility ecosystem, bringin
City's first red light cameras to be deployed at six high-risk intersections MESA, Ariz., March 3, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced a partnership with the city of Pittsburgh to deliver, operate, and maintain a red-light camera program in the city. Cameras will be installed at six high-risk intersections, strategically placed to maximize safety impact. Cameras will be installed at six high-risk intersectionsAccording to Pittsburgh's Department of Mobility and Infrastructure, 750 cr
MESA, Ariz., Feb. 25, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that David Roberts, President and Chief Executive Officer, and Craig Conti, Chief Financial Officer, are scheduled to participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 3, 2026, at 12:20pm PST. About Verra MobilityVerra Mobility Corporation (NASDAQ:VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more c
Full year 2025 revenue of $979.1 millionFull year 2025 net income of $136.6 millionFull year 2025 net cash provided from operations of $255.8 millionEntered into new five-year contract with the New York City Department of TransportationRepurchased $133.4 million of shares of common stock during the fourth quarter of 2025Establishing fiscal year 2026 guidanceMESA, Ariz., Feb. 24, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the fourth quarter and full year ended December 31, 2025.
Data shows 76% reduction in major crashes at automated enforcement sitesMESA, Ariz., Feb. 19, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, is expanding its red-light and speed enforcement program with Hawaii Department of Transportation (HDOT) across the entire state, making it the first statewide automated enforcement program in the United States. The 10-year contract totaling approximately $160 million will expand the current program from 17 sites to 187 dual-enforcement cameras across each of the state's major islands.
Verra Mobility will manage NYC's red-light, speed, and bus lane enforcement programs, contributing to the City's lowest number of pedestrian deaths in history Red-light and bus lane camera programs to expand across the five boroughs The contract value represents a 34% increase from the previous five-year contract period, 2021-2025 MESA, Ariz., Feb. 11, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of safe, smart, and connected mobility technology solutions, announced today that it has finalized a new, five-year, $998 million contract with the New York City Department of Transportation (NYC DOT) to continue managing New York City's automated enforcement cam
MESA, Ariz., Feb. 9, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the fourth quarter ended December 31, 2025, after market close on February 24, 2026. Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on February 24, 2026. A live webcast will be available on the Company's Investor
Verra Mobility helps governments build smarter, safer communities through innovative technology solutions MESA, Ariz., Feb. 4, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today it has been recognized as a GovTech 100 Company for 2026 (full list here). This is the 11th year Government Technology magazine has declared the top 100 companies in GovTech, and the sixth consecutive year Verra Mobility has been recognized. The designation is given to companies showing growth and business leadership
Partnership enables frictionless electronic toll payments across Italy, so drivers can continue their journey without having to stop and pay AMSTERDAM, Jan. 28, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today a partnership with Italian rental car company Locauto Group to offer an electronic toll payment solution across Italy. Drivers can easily opt in to the program in all 100+ Locauto rental locations - covering airports, railway stations and major city centers - during the vehicle rental process to automatically pay tolls electronically, bypassing tollbooth lines and eliminating the need for cash. In
70% favor automated enforcement to better protect kids in school zones MESA, Ariz., Jan. 27, 2026 /PRNewswire/ -- As the school year hits a midway point, a recent Verra Mobility 2025-2026 school year survey, issued via Pollfish, reveals that parents and caregivers of school-aged students overwhelmingly support the use of automated enforcement to improve student transportation safety. The survey, which included 2,000 parents or caretakers of children who walk, drive, are driven, or take transportation to school, showed that many respondents have witnessed near-miss incidents wh
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Analyst initiated coverage of Verra Mobility with a rating of Neutral and set a new price target of $25.00
Robert W. Baird upgraded Verra Mobility from Neutral to Outperform and set a new price target of $27.00
UBS initiated coverage of Verra Mobility with a rating of Buy and set a new price target of $25.00
Deutsche Bank upgraded Verra Mobility from Hold to Buy and set a new price target of $26.00 from $21.00 previously
Robert W. Baird downgraded Verra Mobility from Outperform to Neutral and set a new price target of $18.00
Deutsche Bank initiated coverage of Verra Mobility with a rating of Hold and set a new price target of $17.00
Credit Suisse reiterated coverage of Verra Mobility with a rating of Outperform and set a new price target of $19.00 from $18.50 previously
Credit Suisse reiterated coverage of Verra Mobility with a rating of Outperform and set a new price target of $18.50 from $17.00 previously
Morgan Stanley reiterated coverage of Verra Mobility with a rating of Equal-Weight and set a new price target of $17.00 from $16.00 previously
Morgan Stanley reiterated coverage of Verra Mobility with a rating of Equal-Weight and set a new price target of $16.00 from $15.00 previously
Live Leadership Updates
Brings 25 years of commercial, product management and engineering leadership at Fortune 100 companies and other innovative technology firms MESA, Ariz., July 2, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that Stacey Moser has been appointed as Executive Vice President and General Manager of the company's Commercial Services business unit effective July 21, 2025. She will report directly to David Roberts, CEO of Verra Mobility. Ms. Moser is a senior executive with more than 25 years o
Brings 15 years of experience driving continuous improvement and business integration at Fortive and Danaher MESA, Ariz., Sept. 9, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Harshad Kharche as Senior Vice President of Business Transformation. He will report to David Roberts, president and CEO, Verra Mobility. Mr. Kharche brings more than 15 years of experience from his tenure at Fortive and Danaher Corporation. In his most recent role, Mr. Kharche served as Vice Pr
HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today announced the appointment of George J. Hittner as Executive Vice President, General Counsel and Corporate Secretary, effective September 1, 2024. Mr. Hittner brings a unique and extensive combination of legal, corporate and legislative experience in both the public and private sectors. Tracy W. Krohn, Chairman and Chief Executive Officer, commented, "We are excited to have George join our executive team at W&T. His twenty-plus years serving as an attorney in law firms, as general counsel, and in government will help continue to propel W&T's strategic goals." Before founding his ow
MESA, Ariz., Aug. 29, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Lin Bo as senior vice president of T2 Systems, a Verra Mobility company that specializes in parking management technology and services. She will report to David Roberts, president and CEO, Verra Mobility. Ms. Bo will succeed Adam Blake, who led T2 Systems for nearly 10 years and is stepping down after completing his commitment to stay with the company when it was acquired by Verra Mobility in 2021. Mo
MESA, Ariz., April 22, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, today announced the appointment of Cate Prescott as the company's Executive Vice President and Chief People Officer. Ms. Prescott joins Verra Mobility from National Instruments (NASDAQ:NATI), a leading provider of software-connected automated test and measurement solutions, where she served as Chief People Officer. Before being acquired by Emerson Corporation in 2023, National Instruments was a publicly traded company with approximate
Verra Mobility will take an active role in the development of open standards and technology for connected vehicles as part of trusted global alliance of automotive experts MESA, Ariz., April 9, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that it has joined the Connected Vehicle Systems Alliance, also known as COVESA. The organization's goal is to develop open standards and innovative technologies for connected vehicle systems and shape the future of connected vehicles and the mobility ecosystem.
Mr. Ratnakar brings decades of experience leading corporate strategy and M&A for large industrial and technology companies. MESA, Ariz., Feb. 20, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced Raj Ratnakar has been appointed as a new independent director on the company's Board of Directors. Mr. Ratnakar fills the vacancy after Sarah Farrell resigned from the Board on February 15, 2024. Mr. Ratnakar served as Senior Vice President and Chief Strategy Officer for DuPont from 2019 to 2023, where h
MESA, Ariz., July 19, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Katrina Sevier as Chief People Officer. Ms. Sevier joins Verra Mobility from global digital business services provider Teleperformance, where she served as Chief Human Resources Officer for Teleperformance USA and oversaw the transformation of the human resources organization in the U.S. She brings more than 16 years of experience as a human resources leader for technology and financial services organ
MESA, Ariz., Dec. 16, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Jon Keyser as Executive Vice President and Chief Legal Officer, effective December 19, 2022. Mr. Keyser joins Verra Mobility from Honeywell International Inc. (NASDAQ:HON), where he served as Vice President and General Counsel for Honeywell's Performance Materials and Technology (PMT) business division. Honeywell PMT is a $10 billion annual revenue science, technology and ESG-oriented business that de
MESA, Ariz., March 31, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM) (the "Company"), a leading provider of smart mobility solutions, announced today that it is continuing to finalize its financial statements for the fiscal year ended December 31, 2021, and complete the related Audit Committee investigation described in the Company's Form 12b-25 filing issued on February 28, 2022. The Company expects the audit of its financial statements to be completed in the near term and confirms its estimated results for 2021 as set forth in its press release dated February 28, 2022.
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Live finance-specific insights
Full year 2025 revenue of $979.1 millionFull year 2025 net income of $136.6 millionFull year 2025 net cash provided from operations of $255.8 millionEntered into new five-year contract with the New York City Department of TransportationRepurchased $133.4 million of shares of common stock during the fourth quarter of 2025Establishing fiscal year 2026 guidanceMESA, Ariz., Feb. 24, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the fourth quarter and full year ended December 31, 2025.
MESA, Ariz., Feb. 9, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the fourth quarter ended December 31, 2025, after market close on February 24, 2026. Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on February 24, 2026. A live webcast will be available on the Company's Investor
Total revenue of $261.9 millionNet income of $46.8 millionNet cash provided from operations of $77.7 millionNew York City Department of Transportation began expansion of the red-light program through the execution of a change order to the existing contractStock repurchase approval expansionRevising 2025 full year guidanceMESA, Ariz., Oct. 29, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the third quarter ended September 30, 2025. "We delivered a strong third q
MESA, Ariz., Oct. 15, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the third quarter ended September 30, 2025, after market close on October 29, 2025. Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on October 29, 2025. A live webcast will be available on the Company's Investor R
Total revenue of $236.0 millionNet income of $38.6 millionNet cash provided from operations of $75.1 millionReaffirming 2025 full year guidanceMESA, Ariz., Aug. 6, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the second quarter ended June 30, 2025. "We delivered a strong second quarter with all key financial measures ahead of our internal expectations," said David Roberts, President and CEO, Verra Mobility. "I am really proud of the team for executing strong p
MESA, Ariz., July 16, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2025, after market close on August 6, 2025. Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 6, 2025. A live webcast will be available on the Company's Investor Relations
Total revenue of $223.3 millionNet income of $32.3 millionNet cash provided from operations of $63.0 millionReaffirming 2025 full year guidanceMESA, Ariz., May 7, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the first quarter ended March 31, 2025. "We delivered a strong first quarter with all key financial measures ahead of our internal expectations," said David Roberts, President and CEO, Verra Mobility. "We are maintaining our Full-Year 2025 financial guidan
MESA, Ariz., April 23, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the first quarter ended March 31, 2025, after market close on May 7, 2025. Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on May 7, 2025. A live webcast will be available on the Company's Investor Relations webs
Full year 2024 revenue of $879.2 millionFull year 2024 net income of $31.4 millionFull year 2024 net cash provided from operations of $223.6 millionEstablishing fiscal year 2025 guidanceMESA, Ariz., Feb. 27, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the fourth quarter and full year ended December 31, 2024. "We delivered a solid fourth quarter, highlighted by strong earnings and cash flow generation," said David Roberts, President and CEO, Verra Mobility. "R
MESA, Ariz., Feb. 5, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the fourth quarter ended December 31, 2024, after market close on February 27, 2025. Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on February 27, 2025. A live webcast will be available on the Company's Investor