Ethos Technologies stock reports 113.5 percent revenue growth

Published on 10/01/2026 at 02:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ethos Technologies stock posted quarterly EPS of USD 0.53 in Q2 2026, beating the USD 0.19 consensus. BofA lifted its target to USD 38 from USD 32 on September 24, 2026.

LIFE, US53227K1025, Illustration mit AI erstellt.

Ethos Technologies (ISIN US53227K1025) reported Q2 2026 revenue of USD 189.56 million, up 113.5 percent from the same quarter a year earlier, according to MarketBeat. The result gives the newly listed insurance technology company a concrete growth marker as investors weigh expansion against profitability.

Revenue growth leads the story

Quarterly earnings per share came in at USD 0.53, above the USD 0.19 consensus estimate, according to MarketBeat. Revenue and EPS therefore point in the same direction for the quarter, although a single reporting period does not establish a full-year earnings trend.

The company also reported adjusted EBITDA of USD 35.2 million, equal to 19 percent of revenue, while direct-channel revenue increased 131 percent and third-party channel revenue rose 90 percent, according to Investing.com. Those figures indicate that distribution expansion, rather than only pricing, is carrying the latest revenue increase.

BofA raises target to USD 38

BofA Securities raised its price target for Ethos Technologies from USD 32 to USD 38 on September 24, 2026, while maintaining a Buy rating, according to Investing.com. The same report said free cash flow conversion as a percentage of EBITDA reached 91 percent in the first half of 2026, compared with 34 percent for full-year 2025.

That comparison matters because Ethos operates as a technology platform and third-party administrator rather than as a traditional insurer carrying policy risk on its balance sheet. Management highlighted six carrier partners and more than 15,000 agents at a September 9, 2026 Goldman Sachs conference, while the direct-to-consumer channel grew more than 130 percent year over year in the latest quarter, according to Investing.com.

Nasdaq valuation sets the frame

Ethos Technologies had a market capitalization of USD 2.1 billion as of September 30, 2026. Its 52-week range was USD 9.45 to USD 42.55 on the same date, leaving the latest valuation tied closely to expectations for continued revenue growth and improving cash generation.