Allianz stock tracks earnings target as buyback continues

Published on 09/28/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allianz stock stood at EUR 424.60 on September 28, 2026, up 0.26 percent in morning trading. First-half operating profit rose 8.6 percent to EUR 9.4 billion.

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Allianz stock (ISIN DE0008404005) was trading at EUR 424.60 on Xetra on September 28, 2026, up 0.26 percent from the prior close of EUR 423.50 at 10:41 a.m. CEST. The company is continuing its share buyback while its first-half operating result keeps the full-year target within reach.

Buyback reaches 6.1 million shares

According to TradingView on September 22, 2026, Allianz bought 122,659 shares between September 14 and September 18 at prices from EUR 442.62 to EUR 450.47. The cumulative total since March 13 reached 6,065,345 shares.

The program has a planned volume of EUR 2.5 billion. Boerse Express reported on September 10, 2026, that EUR 1.4 billion had already been used by midyear, leaving capital returns as a measurable support for per-share earnings.

Operating profit rises 8.6 percent

Allianz generated EUR 9.4 billion in operating profit during the first half of 2026, an 8.6 percent increase from the prior-year period, according to Boerse Express. The same report put the Solvency II ratio at 225 percent, compared with 218 percent at the end of fiscal year 2025.

Management reaffirmed a full-year operating-profit target of EUR 17.4 billion, with a guidance band of EUR 16.4 billion to EUR 18.4 billion. That target gives the market a concrete benchmark for the second half, while the 8.6 percent year-over-year increase shows the pace required to reach it.

Analyst target stands above market price

MarketScreener reported on September 18, 2026, that DZ Bank raised its fair value for Allianz from EUR 486.00 to EUR 495.00 and maintained a Buy rating. The new fair value lies 16.58 percent above the Xetra price of EUR 424.60, creating a clear valuation reference without changing the company guidance.

Stock remains below the yearly high

Allianz stock was trading at EUR 424.60 on Xetra on September 28, 2026, with a session range of EUR 423.40 to EUR 426.20 and a 52-week range of EUR 338.80 to EUR 454.60. The price was 6.60 percent below the 52-week high, while market capitalization stood at EUR 161.5 billion and volume reached 43,938 shares.