Wells Fargo cuts target to USD 83 for American International Group stock

Published on 10/20/2026 at 19:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AIG reports results on November 3, 2026. American International Group stock costs EUR 72.40 on October 20, 2026, up 1.08 percent on NYSE.

Analyst target and reporting date

Wells Fargo cut its AIG target from USD 85.00 to USD 83.00 on October 12, 2026.
AIG will report third-quarter 2026 results on November 3, 2026, after the NYSE close.
American International Group stock costs EUR 72.40 at Lang & Schwarz on October 20, 2026 at 7:46 p.m. CEST, up 1.08 percent on the NYSE.
Second-quarter revenue was USD 7.09 billion and net income was USD 948.00 million.

American International Group US0268747849 isometric 3D insurance process Risk Policy Claim Payout — American International Group US0268747849 isometric 3D insurance workflow Risk Policy Claim Payout stages, Illustration mit AI erstellt.

American International Group (US0268747849) faces a lower Wells Fargo target of USD 83.00, down from USD 85.00 in the October 12, 2026 report, while the bank kept its equal-weight rating, according to MarketBeat. American International Group stock was trading at EUR 72.40 at Lang & Schwarz on October 20, 2026 at 7:46 p.m. CEST, up 1.08 percent on the NYSE.

Target cut sets a modest hurdle

Using the NYSE quote of USD 81.53 at 1:50 p.m. ET on October 20, 2026, the USD 83.00 target sits 1.80 percent above the share price. The target change therefore leaves limited room for rerating in the near term, even though the rating remains equal weight.

Second-quarter earnings were mixed

AIG reported USD 7.09 billion of revenue and USD 948.00 million of net income for the second quarter of 2026. Revenue was essentially flat against USD 7.09 billion in the prior-year quarter, while net income fell from USD 1.14 billion, according to EarningsStory. The same report said Global Personal produced USD 283.00 million of underwriting income with a 91.20 combined ratio, an improvement of 12.00 points.

What dates matter next?

American International Group will publish third-quarter results for the period ended September 30, 2026, after the market closes on November 3, 2026, and will host its conference call on November 4, 2026. That timetable gives investors a defined checkpoint for underwriting performance and investment income.

Valuation leaves room for scrutiny

The NYSE quote implies a market capitalization of USD 43.2 billion and a price-to-earnings ratio of 14.90 as of October 20, 2026. The 52-week range is USD 71.25 to USD 87.29, placing the stock 6.60 percent below its high and 14.43 percent above its low. The figures put the Wells Fargo target between the current price and the annual high.

Stock stays inside its yearly range

For investors, the next report must show whether stronger underwriting can offset the volatility in investment income that reduced second-quarter net income. AIG's balance between insurance profitability, capital returns and portfolio income remains the central valuation question.

The further course of trading is shown by the continuously updated real-time quote of American International Group stock.