Truist cuts target to USD 48 for Goosehead Insurance stock
Published on 10/20/2026 at 18:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget cut and reporting date
- Truist cut its Goosehead Insurance target from USD 58.00 to USD 48.00 on October 13, 2026.
- Goosehead Insurance will report third-quarter 2026 results on November 9, 2026.
- Goosehead Insurance stock costs EUR 41.27 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST.
- Second-quarter revenue reached USD 113.39 million and net income was USD 17.01 million.
Truist Financial cut its Goosehead Insurance price target from USD 58.00 to USD 48.00 on October 13, 2026, while keeping a Hold rating, according to Markets Insider. Goosehead Insurance stock was trading at EUR 41.27 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST.
Target cut highlights valuation risk
The new Truist target is USD 10.00 below the previous level, a 17.24 percent reduction. The analyst cited pressure from higher mortgage rates and slower new-sales productivity, while expecting core revenue growth of 13.00 percent to 14.00 percent in the second half of 2026, below the previous 15.00 percent to 16.00 percent view.
That assessment follows other recent target reductions. Piper Sandler cut its target from USD 72.00 to USD 48.00 and downgraded Goosehead Insurance to Neutral on October 6, 2026, according to MarketScreener.
What does the next report bring?
Goosehead Insurance will report third-quarter 2026 results after the market close on November 9, 2026, with a conference call scheduled for 4:30 p.m. ET, according to GlobeNewswire. The company also rescheduled its investor day from November 13, 2026, to March 31, 2027, according to its investor-relations page.
Second-quarter growth sets the baseline
For the second quarter of 2026, revenue reached USD 113.39 million, compared with USD 93.08 million in the first quarter. Net income rose to USD 17.01 million from USD 8.05 million, while the operating margin increased to 23.00 percent from 16.00 percent. These figures came from the company's reported financial statements.
On Nasdaq, Goosehead Insurance was last at USD 46.34 on October 20, 2026 at 12:36 p.m. EDT. The stock's 52-week range was USD 33.68 to USD 79.85, and its market capitalization was USD 1.7 billion. Its price-to-earnings ratio was 33.84.
Insurance brokers show different multiples
Goosehead Insurance: price-to-earnings ratio 33.84, market capitalization USD 1.7 billion. Brown & Brown (NYSE, USD): price-to-earnings ratio 20.79, market capitalization USD 23.5 billion. Ryan Specialty Holdings (NYSE, USD): price-to-earnings ratio 54.08, market capitalization USD 5.1 billion. The comparison places Goosehead between the two larger insurance brokers on valuation.
Stock stays below its yearly high
Goosehead Insurance combines a scheduled results date with a lower analyst target and a second-quarter operating margin of 23.00 percent. The next report will test whether the growth profile can support the valuation assigned to the stock.
The further course of trading is shown by the continuously updated real-time quote of Goosehead Insurance stock.
Goosehead Insurance market facts
- Company: Goosehead Insurance, Inc.
- ISIN: US38267D1090
- Ticker: GSHD
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 20, 2026, 6:33 p.m. CEST: EUR 41.27
- Market capitalization: USD 1.7 billion as of October 20, 2026
- 52-week range: USD 33.68-79.85 as of October 20, 2026
- Sector / Industry: Financial Services / Insurance Brokers
- Next earnings date: November 9, 2026
Market context: Market report S&P 500.
