Allstate Corp., US0200021014

KBW cuts Allstate stock target from USD 250.00 to USD 232.00

Published on 10/16/2026 at 15:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 18.60 billion versus USD 16.55 billion. Allstate stock costs EUR 212.50 on October 16, 2026, up 1.45 percent on the NYSE.

Analyst target and earnings date

KBW maintained a Sell rating and a USD 232.00 target for Allstate on October 12, 2026.
Second-quarter revenue reached USD 18.60 billion versus USD 16.55 billion.
Allstate stock costs EUR 212.50 at Lang & Schwarz on October 16, 2026 at 3:06 p.m. CEST, up 1.45 percent on the NYSE from the prior close of October 15, 2026.
Allstate will release third-quarter results on November 4, 2026, before its November 5 call.

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KBW maintained a Sell rating on Allstate and set a USD 232.00 price target on October 12, 2026, according to Markets Insider. The target sits 3.17 percent below the USD 239.60 last price on the NYSE from October 15, 2026. At Lang & Schwarz, Allstate stock was EUR 212.50 on October 16, 2026 at 3:06 p.m. CEST.

Revenue rose in the second quarter

Allstate's second-quarter revenue reached USD 18.60 billion, compared with USD 16.55 billion in the year-earlier quarter. Net profit was USD 3.27 billion, versus USD 2.11 billion a year earlier, according to Markets Insider. The figures give the target cut a more specific operating backdrop than the rating alone.

Stock remains below its yearly high

Allstate's USD 188.08 to USD 277.22 52-week range places the October 15 price 13.58 percent below the high and 27.39 percent above the low. The USD 239.60 last price was accompanied by a USD 236.17 prior close on the NYSE. The 2,016,346-share volume compared with an average of 1,884,262 shares.

Valuation and November results

The company had a USD 60.6 billion market capitalization, a P/E ratio of 4.78 and a dividend yield of 2.00 percent on October 15, 2026. Allstate announced on October 5, 2026 that it will release third-quarter results on November 4, 2026, after 4:15 p.m. ET, followed by the earnings call on November 5, 2026.

Comparison with peers

Allstate Corp.: plus 1.45 percent, P/E 4.78, market capitalization USD 60.6 billion (October 15, 2026).
Progressive (NYSE, USD): plus 0.14 percent, P/E 10.76, market capitalization USD 124.2 billion (October 15, 2026).
Travelers (NYSE, USD): plus 1.61 percent, P/E 10.07, market capitalization USD 80.1 billion (October 15, 2026).

Price and investor calendar

The analyst target, the valuation metrics and the November reporting date give investors three distinct reference points for the stock. The earnings release is the next scheduled company event, while the current price remains below the 52-week high.

Allstate stock was trading at EUR 212.50 at Lang & Schwarz on October 16, 2026 at 3:06 p.m. CEST. The NYSE listing had risen 1.45 percent from its USD 236.17 prior close on October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Allstate stock.