Everest Re Group, Ltd.

(New York Stock Exchange)
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Slightly Bearish -15

Wells Fargo sets USD 396.00 target for Everest Group stock

Analyst upgrade AI-generated analysis

πŸ“ˆ Wells Fargo analyst firm set a USD 396.00 price target for Everest Group stock while maintaining a Hold rating.

πŸ’° Second-quarter revenue reached USD 3.96 billion, falling short of the USD 4.02 billion market expectation.

πŸ“‰ Net income declined to USD 559.0 million compared to USD 680 million in the year-ago quarter.

πŸ“Š Diluted earnings per share were reported at USD 14.22 for the second quarter ended June 30, 2026.

🏦 The company trades on the NYSE with a market capitalization of USD 14.6 billion and a P/E ratio of 8.11.

πŸ’Έ Everest Group offers a trailing dividend yield of 2.00 percent to shareholders.

πŸ“… Third-quarter results are scheduled for release on October 28, 2026, after the NYSE close.

πŸ” The upcoming earnings report will focus on underwriting income and catastrophe exposure metrics.

Bullish Signals
  • Wells Fargo analyst firm set a USD 396.00 price target for Everest Group stock, which is above the current trading price of EUR 339.70.
  • The company maintains a Hold rating from Wells Fargo while trading within its 52-week range of USD 302.44 to USD 401.07.
Risk Factors
  • Second-quarter revenue of USD 3.96 billion missed the consensus expectation of USD 4.02 billion.
  • Net income declined significantly to USD 559.0 million from USD 680 million in the year-ago quarter.
Full Analysis
Wells Fargo analyst firm set a USD 396.00 price target for Everest Group stock on October 12, maintaining a Hold rating. At the time of reporting on October 15, 2026, the stock was trading at EUR 339.70, placing the analyst target above the current market price. The primary listing is on the NYSE with a market capitalization of USD 14.6 billion. Everest Group reported second-quarter revenue of USD 3.96 billion for the period ended June 30, 2026. This figure came in below the consensus expectation of USD 4.02 billion. Net income was USD 559.0 million, which represents a decline from the year-ago quarter's USD 680 million. Diluted earnings per share were reported at USD 14.22. The company carries a price-to-earnings ratio of 8.11 and offers a trailing dividend yield of 2.00 percent. Investors are awaiting third-quarter results scheduled for release on October 28, 2026, after the NYSE close, with an earnings call following on October 29. The upcoming report is expected to provide critical visibility into underwriting income and catastrophe exposure.