Allianz stock reports record half year and 8.6 percent growth

Published on 10/05/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allianz stock traded at EUR 417.50 on October 5, 2026, valuing the insurer at EUR 158.8 billion. Its 2026 operating-profit target remains EUR 17.4 billion plus or minus EUR 1 billion.

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 was trading at EUR 417.50 on Xetra on October 5, 2026, at 3:59 p.m. CEST, up 0.31 percent from the prior close. The insurer's first-half operating profit reached EUR 9.4 billion, an 8.6 percent increase from the prior-year period, according to Börse Express on September 10, 2026.

Operating profit sets the tone

The first-half result gives Allianz a substantial base for its full-year ambition. Börse Express reported that Allianz reaffirmed its 2026 operating-profit target of EUR 17.4 billion, with a range of plus or minus EUR 1 billion. The midpoint implies that the first half delivered 54.0 percent of the annual target.

Capital strength also improved. Allianz's Solvency II ratio rose to 225 percent in the first half of 2026 from 218 percent at the end of fiscal year 2025, while the company had used EUR 1.4 billion of its EUR 2.5 billion share-buyback program, according to Börse Express.

Analysts remain divided

Jefferies raised its Allianz price target from EUR 325 to EUR 420 and kept a Hold rating in a report published on October 5, 2026. As finanzen.ch reported, analyst Philip Kett said it was too early to determine whether artificial intelligence would benefit or hurt insurance distribution.

The broader consensus is more balanced than the bullish headline targets suggest. MarketScreener listed a Hold consensus from 17 analysts, an average target of EUR 440.08, a high target of EUR 684.00 and a low target of EUR 325.00. The average target lies 5.4 percent above the October 5 price.

Next results arrive in November

Allianz has scheduled its third-quarter 2026 results for November 12, 2026, according to the company's investor-relations calendar. That date gives investors a defined checkpoint for testing whether the first-half operating trend is carrying into the second half.

Allianz stock had a market capitalization of EUR 158.8 billion on October 5, 2026. Its 52-week range was EUR 338.80 to EUR 454.60, placing the current price 8.2 percent below the high.