Allstate Corp., US0200021014

Wells Fargo cuts target for Allstate stock to USD 236.00

Published on 10/14/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 18.60 billion in the second quarter, up 11.80 percent. Allstate stock trades at EUR 211.80 on October 14, 2026.

Analyst target and earnings dates

Wells Fargo moved its target from USD 250.00 to USD 236.00 on October 12, 2026.
Revenue reached USD 18.60 billion in the second quarter of 2026, up 11.80 percent year over year.
Allstate stock trades at EUR 211.80 at 10:45 a.m. CEST at Lang & Schwarz on October 14, 2026.

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Allstate Corp. (ISIN US0200021014) is trading at EUR 211.80 at Lang & Schwarz on October 14, 2026 at 10:45 a.m. CEST. The latest analyst action came from Wells Fargo on October 12, 2026, when it upgraded Allstate to Equal Weight from Underweight and cut its price target from USD 250.00 to USD 236.00, according to Markets Insider.

What changed for the target?

The target reduction gives the current valuation a more cautious reference point, while the Equal Weight rating replaces Wells Fargo's previous Underweight view. The source linked the change to Allstate's recent share-price underperformance and concerns that margins could deteriorate as pricing conditions change.

Three dated developments

On August 5, 2026, Allstate reported second-quarter revenue of USD 18.60 billion, up 11.80 percent year over year, and net income of USD 3.27 billion, according to Business Quant. On October 5, 2026, the company scheduled its third-quarter results for November 4, according to Allstate Newsroom. On October 12, 2026, Wells Fargo cut its target to USD 236.00 while changing its rating to Equal Weight, according to Markets Insider.

When are the next results?

Allstate's third-quarter 2026 financial release is scheduled for November 4, 2026, after 4:15 p.m. ET, followed by the earnings call on November 5, 2026, at 9:00 a.m. ET, according to Allstate Newsroom. The dates give investors a defined checkpoint for testing whether the second-quarter revenue growth and USD 3.27 billion net income were sustained.

Stock price and valuation context

Allstate's primary listing is on the NYSE under ticker ALL. Its market capitalization was USD 60.9 billion as of October 13, 2026, while the 52-week range was USD 188.08 to USD 277.22. The range places the latest US-market reference below the yearly high, but the Lang & Schwarz euro quote is the relevant German-market reference for this article.

Allstate was trading at EUR 211.80 at Lang & Schwarz on October 14, 2026 at 10:45 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Allstate stock.