Everest Group stock heads into October 28 results after a Q2 miss

Published on 10/07/2026 at 07:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Everest Group stock posted USD 3.96 billion in second-quarter revenue versus USD 4.02 billion expected. Analysts list a USD 410.88 average target.

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Everest Group stock (ISIN BMG3223R1088) was last at USD 366.84 on the NYSE on October 6, 2026, while the insurer prepares to release third-quarter results on October 28. The second-quarter figures provide the key benchmark: revenue came in at USD 3.96 billion against USD 4.02 billion expected, and after-tax net operating earnings per share were USD 14.22 versus USD 14.55 expected, according to Investing.com on September 22, 2026.

October results set the next test

Business Wire reported on September 29, 2026, that Everest will publish third-quarter results after the NYSE close on October 28 and hold its conference call on October 29 at 8:00 a.m. ET. The dates give investors a defined checkpoint for whether underwriting performance can offset the second-quarter revenue shortfall.

The latest quarter still produced USD 559.0 million in consolidated net income and a 14.0 percent net profit margin, according to the quarterly financial data for the period ended June 30, 2026. Revenue declined from USD 4.07 billion in the first quarter of 2026 to USD 3.96 billion in the second quarter, while net income fell from USD 653.0 million to USD 559.0 million.

Analyst targets sit above the stock

RBC Capital initiated coverage with an Outperform rating and a USD 455.00 price target on September 22, 2026, according to Investing.com. The firm also identified the possibility of a reserve charge in the third quarter, making reserve development a central counter-factor for the upcoming report.

Investing.com lists a Buy consensus from 17 analysts, with an average 12-month target of USD 410.88, a high target of USD 480.00 and a low target of USD 368.00. The average target lies 12.00 percent above the October 6 price of USD 366.84.

Stock remains below its yearly high

Everest shares were last at USD 366.84 on October 6, 2026, with a session range of USD 364.81 to USD 371.83. The price stood USD 34.23 below the 52-week high of USD 401.07 and USD 64.40 above the 52-week low of USD 302.44.

Trading volume was 287,160 shares, and Everest Group's market capitalization was USD 14.5 billion as of October 6, 2026. The stock's next major valuation test is the October results release, where revenue, earnings per share and reserve trends will show whether the second-quarter miss was temporary or part of a broader earnings reset.