Wells Fargo Reiterates Buy Rating on Neptune Insurance Holdings
Wells Fargo maintains its buy rating on Neptune Insurance with a price target of $35, a 7.99% upside from the current price.
Key Points
- Wells Fargo reiterated its buy rating for Neptune Insurance Holdings Inc. (NYSE:NP) with a price target of $35 as of June 30, 2026.
- Wells Fargo's $35 price target implies 7.99% upside from Neptune Insurance Holdings Inc.'s ($NP) current $32.41 share price.
- Shares of Neptune Insurance traded near $30.48 on Wednesday, with a 52-week range between $14.78 and $33.23.
- Analysts' consensus for Neptune Insurance includes a target mean price of $30.42, with 12 analyst opinions overall.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Wells Fargo has reiterated its buy rating for Neptune Insurance Holdings Inc. (NYSE:NP), setting a price target of $35. This update came from analyst Elyse Greenspan on June 30, 2026. The stock was trading around $30.48 on Wednesday.
Wells Fargo vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Neptune Insurance Holdings Inc. Stock Down 4.3%
Shares of Neptune Insurance Holdings Inc. traded near $30.48 on Wednesday. The company, which operates in the financial services sector as an insurance broker, has a market capitalization of about $4.36 billion. Neptune Insurance has a forward P/E ratio of 48.76 and a beta of 1.15. The stock's 52-week range is between $14.78 and $33.23, with a 50-day moving average of $27.36 and a 200-day moving average of $25.51.
$NP price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Analysts Set New Price Targets
On June 30, 2026, Wells Fargo reiterated its buy rating on Neptune Insurance with a price target of $35. Previously, on May 21, 2026, Morgan Stanley maintained a hold rating with a $29 target. Evercore ISI Group, on May 8, 2026, also maintained a buy rating with a $35 target. The consensus among analysts is a target mean price of $30.42, based on 12 analyst opinions.
About Neptune Insurance Holdings Inc.
Neptune Insurance Holdings Inc., based in Saint Petersburg, Florida, operates through its subsidiary, Neptune Flood Incorporated. It sells residential and commercial flood insurance policies across the United States. The company offers a variety of insurance products, including primary and excess flood insurance, parametric earthquake, and indemnity earthquake insurance. Founded in 2016, Neptune Insurance is led by CEO Mr. Trevor R. Burgess and employs 62 people.
Bottom Line
Wells Fargo's reiteration of its buy rating and $35 price target for Neptune Insurance Holdings Inc. highlights continued confidence in the company's prospects. Investors often track such analyst ratings as they can provide insights into a stock's potential performance. It's important to remember that this rating reflects Wells Fargo's perspective as of June 30, 2026, and should be considered as part of a broader investment strategy.
Get Neptune Insurance Holdings Inc. alerts
New 13F filings, insider trades, and analyst moves on $NP, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.