Allstate Corp., US0200021014

Wall Street Zen downgrades Allstate rating for Allstate stock

Published on 10/26/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allstate stock costs EUR 226.95 on October 26, 2026, versus the EUR 227.40 Xetra close. September losses reached USD 220 million.

Insurance signals and dates

Wall Street Zen moved Allstate from Strong Buy to Buy on October 25, 2026.
Second-quarter 2026 revenue reached USD 18.60 billion, up 11.80 percent year over year.
Allstate stock traded at EUR 226.95 at 11:41 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.20 percent below the Xetra close of October 23, 2026.
Allstate will release third-quarter results on November 4, 2026, after 4:15 p.m. ET.

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Allstate Corp. (ISIN US0200021014) was trading at EUR 226.95 at Lang & Schwarz on October 26, 2026, at 11:41 a.m. CEST, 0.20 percent below the Xetra close of October 23, 2026 at EUR 227.40. MarketBeat reported on October 25, 2026, that Wall Street Zen lowered Allstate from Strong Buy to Buy.

Rating moves from Strong Buy to Buy

The rating change arrives before Allstate's next results and contrasts with the broader analyst picture. MarketBeat cited a consensus Hold rating and an average target of USD 270.19, while the same report listed recent target cuts by Barclays and Morgan Stanley. Those targets were USD 221.00 and USD 240.00, respectively, after reductions reported on October 7 and October 6, 2026.

The latest reported operating picture was stronger. In the second quarter of 2026, revenue reached USD 18.60 billion, up 11.80 percent from USD 16.63 billion a year earlier, while adjusted earnings per share came to USD 8.99 against a USD 6.06 consensus estimate, according to MarketBeat.

What do catastrophe losses mean?

Allstate's near-term earnings sensitivity is tied to claims severity. In its October 15, 2026 release, Allstate Newsroom said September catastrophe losses were USD 220 million before tax, or USD 173 million after tax. Third-quarter catastrophe losses totaled USD 1.65 billion before tax, or USD 1.30 billion after tax.

Three dated signals for Allstate

On August 5, 2026, Allstate reported second-quarter revenue of USD 18.60 billion. On October 15, 2026, the company disclosed USD 220 million of September catastrophe losses. On October 25, 2026, Wall Street Zen lowered its rating from Strong Buy to Buy, as reported by MarketBeat.

November brings two results dates

Allstate Newsroom said on October 5, 2026, that the third-quarter release is scheduled for November 4, 2026, after 4:15 p.m. ET. The earnings call follows on November 5, 2026, at 9:00 a.m. ET.

Stock price and investor context

The euro quote is below the prior Xetra session's level, while the company's latest quarterly revenue growth provides a stronger operating counterpoint. The primary listing is on the NYSE in USD, where the stock was last quoted at USD 253.19 on October 23, 2026, according to the structured market data. MarketBeat listed a 52-week range of USD 188.08 to USD 277.22 and market capitalization of USD 64.03 billion on October 25, 2026.

Allstate stock was trading at EUR 226.95 at Lang & Schwarz on October 26, 2026, at 11:41 a.m. CEST, 0.20 percent below the Xetra close of October 23, 2026 at EUR 227.40. The further course of trading is shown by the continuously updated real-time quote of Allstate stock.