Allianz stock gains 1.02 percent after record first-half profit

Published on 10/04/2026 at 12:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allianz stock gained 1.02 percent to EUR 416.20 on October 2, 2026. First-half operating profit rose 8.6 percent to EUR 9.4 billion, while analysts see EUR 440.08.

Top-down Flatlay mit Versicherungspolicen, Füller, Brille und Siegelstempel auf Marmor — Draufsicht-Flatlay auf weißem Marmor: Versicherungspolicen, Füllfederhalter, Lesebrille, Sukkulente, Siegelstempel, Euro-Schein. Natürliches Seitenlicht, Elfenbein-Gold-Palette. Allianz SE (DE0008404005), Illustration mit AI erstellt.

Allianz stock gained 1.02 percent to EUR 416.20 on Xetra on October 2, 2026, as the insurer's record first-half operating profit continued to shape market expectations. According to Allianz, operating profit rose 8.6 percent to EUR 9.4 billion in the first half of 2026, with the company maintaining its full-year target.

Record profit supports guidance

Allianz reported record second-quarter operating profit of EUR 4.9 billion, up 10.6 percent from the prior-year quarter, according to Allianz in its results published on August 7, 2026. The group also reported second-quarter total business volume of EUR 45.6 billion and a combined ratio of 91.4 percent in Property-Casualty.

Management reaffirmed 2026 operating profit guidance of EUR 17.4 billion, plus or minus EUR 1 billion, alongside the existing EUR 2.5 billion share buyback program. The comparison is important: six-month operating profit already reached 54 percent of the guidance midpoint, giving the stock a fundamental counterweight to recent chart pressure.

Analyst targets remain divided

The published consensus is Neutral, based on 16 analysts, with an average 12-month price target of EUR 440.08, a high of EUR 684 and a low of EUR 325, according to Investing.com. The average price target lies 5.74 percent above the EUR 416.20 reference price.

Individual views show the spread more clearly. On September 18, 2026, dpa-AFX reported that DZ Bank raised its fair value from EUR 486 to EUR 495 and retained its Buy rating. For investors, earnings execution and capital returns now meet a valuation debate that ranges from EUR 325 to EUR 684.

Next results arrive in November

Allianz lists November 12, 2026, for its third-quarter 2026 results. That date is the next concrete checkpoint for testing whether the first-half pace can support the full-year operating profit target.

Allianz stock stays below its yearly high

Allianz stock was last at EUR 416.20 on Xetra on October 2, 2026, at 5:37 p.m. CEST. The price sits within the 52-week range of EUR 338.80 to EUR 454.60, while market capitalization stood at EUR 158.3 billion.