Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Verra Mobility ( (VRRM) ) just unveiled an announcement.
On October 17, 2025, Verra Mobility Corporation’s subsidiaries entered into an Amended and Restated Revolving Credit Agreement with Bank of America, establishing a $150 million senior secured asset-based revolving credit facility. This agreement amends a previous credit agreement and includes a $35 million sublimit for letters of credit, maturing in 2030. The facility’s availability is based on valuations of certain assets, and it includes covenants limiting financial activities and requiring certain subsidiaries to act as guarantors. Additionally, Verra Mobility refinanced its existing senior secured term loans with a new term loan maturing in 2032, offering more favorable interest terms and mandatory prepayment provisions.
The most recent analyst rating on (VRRM) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on Verra Mobility stock, see the VRRM Stock Forecast page.
Spark’s Take on VRRM Stock
According to Spark, TipRanks’ AI Analyst, VRRM is a Neutral.
Verra Mobility’s overall stock score is driven by strong financial performance and positive earnings call highlights, tempered by high leverage, valuation concerns, and mixed technical indicators. The company’s ability to manage debt and address revenue declines in certain segments will be crucial for future performance.
To see Spark’s full report on VRRM stock, click here.
More about Verra Mobility
Average Trading Volume: 976,319
Technical Sentiment Signal: Hold
Current Market Cap: $3.88B
See more data about VRRM stock on TipRanks’ Stock Analysis page.