Allstate (NYSE:ALL) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Allstate (NYSE:ALL) had its price objective increased by stock analysts at Wells Fargo & Company from $223.00 to $228.00 in a research note issued on Friday, MarketBeat reports. The firm presently has an “equal weight” rating on the insurance provider’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 8.98% from the stock’s previous close.

ALL has been the topic of a number of other reports. TD Cowen lowered Allstate from a “buy” rating to a “hold” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. lifted their target price on Allstate from $260.00 to $263.00 and gave the company an “overweight” rating in a research report on Thursday. Evercore ISI set a $225.00 price objective on Allstate in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Allstate in a research report on Wednesday, January 21st. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $215.00 price target (down previously from $245.00) on shares of Allstate in a report on Tuesday, December 16th. Three investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Allstate currently has a consensus rating of “Moderate Buy” and an average price target of $237.81.

Allstate Trading Down 2.8%

Shares of ALL stock traded down $5.98 during trading hours on Friday, reaching $209.21. 634,090 shares of the stock were exchanged, compared to its average volume of 1,864,063. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $54.75 billion, a price-to-earnings ratio of 5.48, a price-to-earnings-growth ratio of 0.45 and a beta of 0.23. Allstate has a 12-month low of $176.00 and a 12-month high of $216.75. The company’s 50-day moving average price is $204.00 and its 200-day moving average price is $203.69.

Allstate (NYSE:ALL) last announced its earnings results on Wednesday, February 4th. The insurance provider reported $14.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.72 by $5.59. The business had revenue of $14.57 billion for the quarter, compared to analysts’ expectations of $17.23 billion. Allstate had a return on equity of 41.84% and a net margin of 15.19%.The business’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm earned $7.67 EPS. As a group, equities analysts anticipate that Allstate will post 18.74 earnings per share for the current year.

Insider Activity

In other news, insider Suren Gupta sold 19,593 shares of Allstate stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $210.00, for a total value of $4,114,530.00. Following the completion of the transaction, the insider owned 100,646 shares in the company, valued at approximately $21,135,660. The trade was a 16.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders have sold 48,400 shares of company stock worth $10,313,256. Company insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ALL. Norges Bank bought a new stake in Allstate during the second quarter worth about $482,870,000. Swedbank AB lifted its holdings in shares of Allstate by 2,157.8% in the third quarter. Swedbank AB now owns 861,725 shares of the insurance provider’s stock worth $184,969,000 after acquiring an additional 823,559 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Allstate by 1,766.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 869,139 shares of the insurance provider’s stock worth $180,911,000 after purchasing an additional 822,583 shares in the last quarter. Woodline Partners LP acquired a new position in Allstate in the 3rd quarter valued at approximately $148,641,000. Finally, AustralianSuper Pty Ltd increased its stake in shares of Allstate by 80.6% in the fourth quarter. AustralianSuper Pty Ltd now owns 1,220,984 shares of the insurance provider’s stock valued at $254,148,000 after buying an additional 544,874 shares during the period. Institutional investors and hedge funds own 76.47% of the company’s stock.

Key Stories Impacting Allstate

Here are the key news stories impacting Allstate this week:

• Positive Sentiment: Q4 earnings materially beat expectations — Allstate reported $14.31 EPS (vs. consensus ~ $8.7) and net income roughly doubled to ~$3.8B, driven by strength in the property-liability business and lower catastrophe losses. This large EPS beat supports the stock’s fundamental outlook. Allstate Q4 Earnings Beat
• Positive Sentiment: Management announced a meaningful capital-return package — a $4B share buyback program and an 8% quarterly dividend increase — which should support EPS per share and investor returns. Buyback and Dividend Raise
• Positive Sentiment: Street upgrade / price-target lift — JPMorgan raised its price target (to $263) and reiterated an “overweight” stance, implying significant upside from current levels and lending momentum to the stock. JPMorgan Positive Forecast
• Positive Sentiment: Operational wins noted in the release: Allstate said it lowered prices for ~7.8M customers in 2025 and highlighted improved earned premiums and margin leverage — points that support growth and retention. Customer Price Cuts PR
• Neutral Sentiment: Cantor Fitzgerald reaffirmed a “neutral” rating with a $220 target — a more cautious stance that tempers upside from more bullish broker calls but doesn’t signal deterioration. Cantor Fitzgerald Rating
• Neutral Sentiment: Earnings call materials and transcripts are available for deeper read-through (management commentary on reserve development, pricing and expense actions will guide near-term expectations). Earnings Call Transcript
• Neutral Sentiment: Brand/sponsorship update — Allstate extended its Allstate Sugar Bowl partnership (small visibility/marketing positive but limited near-term stock impact). Sugar Bowl Extension
• Negative Sentiment: Revenue missed analyst expectations — reported Q4 revenue (~$14.57B) was below consensus (~$17.2B), which may concern investors focused on top-line lift and could limit multiple expansion despite strong EPS. Press Release / Slides
• Negative Sentiment: Near-term market reaction shows profit-taking and mixed analyst signals — the strong EPS beat has already been partly priced in, and mixed revenue/ratings commentary is weighing on the stock today. Investor Reaction Analysis

About Allstate

Allstate Corporation is a publicly traded insurance company headquartered in Northbrook, Illinois, and is one of the largest personal lines property and casualty insurers in the United States. Founded in 1931 as a subsidiary of Sears, Roebuck and Co, Allstate has grown into a diversified insurer that serves millions of consumers and businesses through a mix of distribution channels and product offerings.

The company underwrites a broad range of insurance products, with primary emphasis on auto and homeowners coverage.