Argus raises target to USD 254 for Erie Indemnity stock

Published on 10/20/2026 at 18:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Erie reported USD 1.09 billion revenue in the second quarter of 2026. Erie Indemnity stock costs EUR 217.00 on October 20, 2026 at 6:44 p.m. CEST.

Analyst target and results date

Argus raised its Erie Indemnity target to USD 254.00 on October 14, 2026.
Second-quarter revenue reached USD 1.09 billion in 2026.
Erie Indemnity stock costs EUR 217.00 at Lang & Schwarz on October 20, 2026 at 6:44 p.m. CEST.
Erie Indemnity is scheduled to report third-quarter results on October 29, 2026.

Editorialfoto eines belebten NASDAQ-Handelsraums mit Versicherungssektor-Kurscharts — Erie Indemnity Co. NASDAQ Trading Floor mit Versicherungssektor-Charts, ISIN US29530P1021 Händler Bildschirme, Illustration mit AI erstellt.

Erie Indemnity (ISIN US29530P1021) has a fresh analyst target of USD 254.00 after Argus raised its objective on October 14, 2026, according to Yahoo Finance. Erie Indemnity stock cost EUR 217.00 at Lang & Schwarz on October 20, 2026 at 6:44 p.m. CEST.

Second-quarter revenue reached USD 1.09 billion

Erie Indemnity reported USD 1.09 billion in revenue and USD 180.29 million in net income for the second quarter of 2026. Diluted earnings per share were USD 3.45, while the comparable net income figure for the second quarter of 2025 was USD 175.00 million, according to the company's earnings-call transcript published by Gloomberb. The quarter therefore combined revenue growth with a USD 5.29 million increase in net income year over year.

Stock remains below its yearly high

Erie Indemnity's primary listing is Nasdaq. The stock's USD 204.63 to USD 330.54 52-week range places the current USD 244.24 Nasdaq quote 26.18 percent below the high and USD 39.61 above the low as of October 20, 2026 at 12:52 p.m. ET. The market capitalization was USD 11.3 billion, and volume stood at 33,146 shares at that timestamp.

October 29 is the next results date

Erie Indemnity is expected to report third-quarter 2026 results after the market close on October 29, 2026. MarketBeat also lists an October 30, 2026 conference call at 8:00 a.m. ET. Its consensus calls for USD 3.41 in earnings per share and USD 1.22 billion in revenue for the third quarter, compared with USD 3.50 and USD 1.07 billion respectively in the year-earlier quarter.

Comparison with peers

Erie Indemnity: 22.24 price-to-earnings ratio, USD 11.3 billion market capitalization. The Travelers Companies (NYSE, USD): up 2.21 percent, price-to-earnings ratio 10.33, market capitalization USD 82.2 billion. Chubb (NYSE, USD): up 0.07 percent, price-to-earnings ratio 12.55, market capitalization USD 137.5 billion.

Argus target sets the valuation frame

Argus's USD 254.00 target is USD 9.76 above the USD 244.24 Nasdaq quote cited at 12:52 p.m. ET on October 20, 2026. The next reported quarter will test whether the second-quarter revenue and earnings profile can support that target while Erie Indemnity navigates slower policy growth and a competitive insurance market.