Evercore ISI Reduces its Price Target on Neptune Insurance Holdings Inc. (NP) to $30 and Maintains an Outperform Rating

SelfRugger

2026-02-24 09:46:20

Evercore ISI Reduces its Price Target on Neptune Insurance Holdings Inc. (NP) to $30 and Maintains an Outperform Rating

Jeff Lewis

Sun, February 22, 2026 at 11:36 AM GMT+9 2 min read

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Neptune Insurance Holdings Inc. (NYSE:NP) is among the 11 Newly-Listed NYSE Stocks to Buy Now.

Evercore ISI Reduces its Price Target on Neptune Insurance Holdings Inc. (NP) to $30 and Maintains an Outperform Rating

On February 19, 2026, Evercore ISI reduced its price target on Neptune Insurance Holdings Inc. (NYSE:NP) to $30 from $35 and maintained an Outperform rating.

That same day, Keefe Bruyette upgraded Neptune Insurance to Outperform from Market Perform with a $25 price target, lowered from $26, following the Q4 report. The firm said the upgrade is driven by valuation after the recent selloff tied to AI disruption concerns over the past two weeks. Keefe Bruyette expects upward estimate revisions and a recovery in the valuation multiple as the market comes to view Neptune “as a winner, regardless of whether AI actually reconfigures insurance distribution.”

Piper Sandler also cut its price target on February 19 to $30 from $33 while reiterating an Overweight rating after quarterly results. The firm pointed to lower peer multiples amid AI-related dislocation in insurance distribution platforms and highlighted a top-line driven beat with record sales, noting that NP benefited from the government shutdown.

On February 18, 2026, Neptune reported Q4 revenue of $43.8M compared with the consensus of $39.42M and Q4 adjusted EPS of 42c versus 31c last year.

Neptune Insurance Holdings Inc. (NYSE:NP), through its subsidiary Neptune Flood Incorporated, sells residential and commercial flood insurance policies on behalf of carrier partners across the United States.

While we acknowledge the potential of NP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street.

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