The consensus price target hints at a 25.9% upside potential for Hippo Holdings (HIPO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Hippo Holdings Inc. (HIPO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 29.7% in Hippo Holdings (HIPO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 33 | $883.38 | $1,066.89 | $183.51 | 20.77% |
Joseph Castro Nuveen LLC | 172,568 | $4.96M | $5.6M | $637,064.03 | 12.85% |
| ED Eric Duncan NorthCrest Asset Manangement LLC | 11,215 | $286,835.16 | $352,711.75 | $65,876.59 | 22.97% |
Matthew Liebman Amplius Wealth Advisors LLC | 15,280 | $413,782.4 | $480,556 | $66,773.6 | 16.14% |
Ana-Maria Ignat Covestor Ltd | 359 | $9,721.72 | $11,710.58 | $1,988.86 | 20.46% |
| Diversified Consumer Services Industry | Consumer Discretionary Sector | Richard Lyn McCathron CEO | NYSE Exchange | 433539202 CUSIP |
| US Country | 540 Employees | - Last Dividend | 30 Sep 2022 Last Split | 3 Aug 2021 IPO Date |
Hippo Holdings Inc., based in Palo Alto, California, is a leading provider of property and casualty insurance products targeted at individual and business customers across the United States. The company differentiates itself through its three operational segments: Services, Insurance-as-a-Service, and Hippo Home Insurance Program, leveraging technology to streamline and enhance the insurance buying experience. Hippo Holdings Inc. focuses on distributing its products and services primarily through its advanced technology platform and website, in addition to its operation of licensed insurance agencies.