Wells Fargo cuts target for Aon stock from USD 383 to USD 323

Published on 10/16/2026 at 10:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Aon stock is trading at EUR 256.50 on October 16, 2026 at Lang & Schwarz. Wells Fargo cut its target from USD 383 to USD 323 on October 12, 2026.

Analyst revision and earnings

Wells Fargo cut its Aon target from USD 383 to USD 323 on October 12, 2026.
Aon reported USD 4.25 billion of second-quarter revenue, up 2.20 percent year over year.
Aon stock traded at EUR 256.50 at 10:16 a.m. CEST at Lang & Schwarz on October 16, 2026.
Aon scheduled third-quarter results for October 28, 2026.

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Aon plc (ISIN IE00BLP1HW54) was trading at EUR 256.50 at Lang & Schwarz on October 16, 2026 at 10:16 a.m. CEST. The latest analyst move came from Wells Fargo, which cut its Aon target from USD 383 to USD 323 on October 12, 2026, according to Markets Insider. The next earnings release is scheduled for October 28, 2026.

Wells Fargo resets expectations

The target reduction keeps attention on Aon's growth outlook before third-quarter results. Wells Fargo retained an Overweight rating, while its note described recent broker performance as weaker and cited pricing pressure in reinsurance, according to Markets Insider.

Aon reported USD 4.25 billion of revenue for the second quarter of 2026, up 2.20 percent from the same quarter a year earlier. The company also reported earnings per share of USD 3.81 against a USD 3.80 consensus estimate, while revenue was below the USD 4.28 billion estimate, according to MarketBeat.

What does the target cut mean?

The analyst revisions create a wide range of expectations ahead of the report. Morgan Stanley cut its target from USD 410 to USD 350 on October 6, 2026 and retained an Overweight rating, citing a focus on underwriting quality and subdued growth, according to Markets Insider. Evercore later cut its target from USD 423 to USD 375, according to MarketBeat.

Aon stock ahead of results

Chronology shows the progression clearly: Morgan Stanley cut its target to USD 350 from USD 410 on October 6, 2026; Aon announced a third-quarter reporting date of October 28, 2026 on October 9, 2026; and Wells Fargo reduced its target to USD 323 from USD 383 on October 12, 2026. The next substantiated date is October 28, 2026, for third-quarter results and the accompanying conference call, according to Aon.

For investors, the report will put the target cuts against fresh evidence on revenue growth, earnings and insurance pricing. Aon operates across Risk Capital and Human Capital, with services spanning insurance brokerage, reinsurance, retirement consulting and workforce advisory.

Aon stock was trading at EUR 256.50 at Lang & Schwarz on October 16, 2026 at 10:16 a.m. CEST. The primary listing is on the NYSE, where the stock's 52-week range was USD 266.33 to USD 382.34 as of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Aon stock.