Catastrophe Loss Overview: Allstate reported estimated catastrophe losses of $46 million for November, or $36 million after tax, indicating financial pressure in managing natural disasters, which could impact future profitability.
Cumulative Loss Data: Total catastrophe losses for October and November reached $129 million, or $101 million after tax, reflecting significant financial challenges faced by the company during these months, potentially leading to premium adjustments or a reassessment of risk evaluation strategies.
Policy Count Changes: As of November 30, 2025, Allstate's auto insurance policies in force stood at 25,455 thousand, a slight increase of 0.1% from October 31, 2025, indicating stable market demand, but only a 1.7% growth compared to the same period last year.
Decline in Commercial Lines: The number of commercial insurance policies remained at 175 thousand, down 20.8% from the previous year, suggesting a weakening competitive position in the commercial insurance market, necessitating strategic measures to regain market share.
ALL
$204.93+Infinity%1D
Analyst Views on ALL
Wall Street analysts forecast ALL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALL is 241.50 USD with a low forecast of 201.00 USD and a high forecast of 300.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
Wall Street analysts forecast ALL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALL is 241.50 USD with a low forecast of 201.00 USD and a high forecast of 300.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Buy
3 Hold
1 Sell
Moderate Buy
Current: 209.080
Low
201.00
Averages
241.50
High
300.00
Current: 209.080
Low
201.00
Averages
241.50
High
300.00
William Blair
Outperform -> Market Perform
downgrade
$NULL
2025-12-18
New
Reason
William Blair
Price Target
$NULL
2025-12-18
New
downgrade
Outperform -> Market Perform
Reason
William Blair downgraded Allstate to Market Perform from Outperform without a price target. The firm cut its near-term view on the auto insurance sector. Recent conversations with market participants suggest that auto fundamentals have begun to materially deteriorate in the last few months, the analyst tells investors in a research note. William Blair believes this will drive rising loss ratios and lower earnings in the back half of 2026. The stocks in the group will likely struggle to outperform in the next 12 months, the firm contends.
Morgan Stanley
Bob Huang
Overweight -> Equal Weight
downgrade
$245 -> $215
2025-12-16
New
Reason
Morgan Stanley
Bob Huang
Price Target
$245 -> $215
2025-12-16
New
downgrade
Overweight -> Equal Weight
Reason
Morgan Stanley analyst Bob Huang downgraded Allstate to Equal Weight from Overweight with a price target of $215, down from $245. While Allstate has made significant effort to return to strong profitability and improving growth, the firm believes the thesis is "now largely understood by investors," the analyst says. In personal lines, carriers that spent the past two years repairing margins will increasingly shift from defense to offense, adds the analyst, who contends that the "path for a more challenging year is relatively clear."
Mizuho
Yaron Kinar
Outperform
initiated
$254
2025-12-15
New
Reason
Mizuho
Yaron Kinar
Price Target
$254
2025-12-15
New
initiated
Outperform
Reason
Mizuho analyst Yaron Kinar initiated coverage of Allstate with an Outperform rating and $254 price target. The firm rolled out coverage of 23 companies, including six life insurers, 11 property and casualty insurers and six insurance brokers. It prefers life insurance, saying the group is undervalued despite credit concerns. Mizuho is less constructive on the property and casualty insurers and brokers citing market softening, plateauing investment yields and reserve concerns. The analyst expects insurance broker organic growth to moderate and is concerned that this may drive more aggressive acquisitions.
Roth Capital
Harry Fong
Buy
maintain
$230 -> $240
2025-11-26
Reason
Roth Capital
Harry Fong
Price Target
$230 -> $240
2025-11-26
maintain
Buy
Reason
Roth Capital analyst Harry Fong raised the firm's price target on Allstate to $240 from $230 and keeps a Buy rating on the shares. The company's "significant earnings beat" was chiefly due to much better underlying results and favorable loss reserve development in personal auto injury and physical damage coverages, while its personal auto policies-in-force increased 1.3%, which was previously disclosed, the analyst tells investors in a research note.
About ALL
The Allstate Corporation protects people from life’s uncertainties with a wide array of protection for autos, homes, electronic devices and identity theft. The Company’s products are available through Allstate agents, independent agents, major retailers, online and at the workplace. Its Allstate Protection segment offers private passenger auto, homeowners, other personal lines and commercial insurance. Its Run-off Property-Liability segment includes property and casualty insurance coverage. The Company’s Protection Services segment provides consumer product protection plans, device and mobile data collection services and analytic solutions using automotive telematics information, roadside assistance, protection and insurance products and identity protection and restoration through Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity and Allstate Identity Protection.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
