Hippo Holdings Inc.

Hippo Holdings Inc. Stock Forecast & Price Prediction

Live Hippo Holdings Inc. Stock (HIPO) Price
$23.00

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$23.00

P/E Ratio

-1.99

Volume Traded Today

$337,538

Dividend

Dividends not available for HIPO

52 Week High/low

25.49/7.75

Hippo Holdings Inc. Market Cap

$571.9M

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HIPO Summary

The Hippo Holdings Inc. (HIPO) share price is expected to increase by 6.52% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered HIPO. Price targets range from $21 at the low end to $28 at the high end. The current analyst consensus for HIPO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

HIPO Analyst Ratings

About 0 Wall Street analysts have assigned HIPO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Hippo Holdings Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HIPO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

HIPO stock forecast by analyst

These are the latest 20 analyst ratings of HIPO.

Analyst/Firm

Rating

Price Target

Change

Date

Yaron Kinar
Jefferies

Buy

$28

Maintains

Oct 9, 2024
Thomas McJoynt-Griffith
Keefe, Bruyette & Woods

Market Perform

$21

Maintains

Aug 19, 2024
Thomas McJoynt-Griffith
Keefe, Bruyette & Woods

Market Perform

$20

Downgrade

Jul 22, 2024
Thomas McJoynt-Griffith
Keefe, Bruyette & Woods

Outperform

$22

Reiterates

May 10, 2024
Matthew Carletti
JMP Securities

Market Outperform

$25

Reiterates

Apr 15, 2024
Matthew Carletti
JMP Securities

Market Outperform

$25

Reiterates

Mar 12, 2024
Thomas McJoynt-Griffith
Keefe, Bruyette & Woods

Outperform

$21

Maintains

Mar 11, 2024
Thomas McJoynt-Griffith
Keefe, Bruyette & Woods

Outperform

$16

Maintains

Nov 15, 2023
Alex Scott
Goldman Sachs

Neutral

$11

Maintains

Nov 3, 2023
Matthew Carletti
JMP Securities

Market Outperform

$25

Maintains

Oct 13, 2023
Thomas McJoynt-Griffith
Keefe, Bruyette & Woods

Outperform

$19

Maintains

Aug 17, 2023
Adam Klauber
William Blair

Market Perform


Initiates

Aug 11, 2023
Matthew Carletti
JMP Securities

Market Outperform

$50

Maintains

Aug 9, 2023
Matthew Carletti
JMP Securities

Market Outperform

$70

Reiterates

Jul 12, 2023
Matthew Carletti
JMP Securities

Market Outperform

$70

Reiterates

Apr 18, 2023
Thomas McJoynt-Griffith
Keefe, Bruyette & Woods

Outperform

$25

Maintains

Mar 6, 2023
Alex Scott
Goldman Sachs

Neutral

$23

Maintains

Jan 9, 2023
Michael Phillips
Morgan Stanley

Overweight

$17.5

Maintains

Nov 22, 2022
Thomas McJoynt-Griffith
Keefe, Bruyette & Woods

Outperform

$24

Initiates

Nov 17, 2022
Matthew Carletti
JMP Securities

Market Outperform

$70

Maintains

Oct 18, 2022

HIPO Company Information

What They Do: Provides property and casualty insurance products.

Business Model: The company generates revenue by offering a diverse range of insurance products, including homeowners' insurance and personal lines policies. It operates through three segments: Services, Insurance-as-a-Service, and the Hippo Home Insurance Program, leveraging its technology platform and website for distribution while also maintaining licensed insurance agencies.

Other Information: Hippo Holdings Inc. primarily serves customers in the United States and offers various types of insurance products, including home, auto, cyber, and life insurance. The company's headquarters is located in Palo Alto, California.
HIPO
Hippo Holdings Inc. (HIPO)

When did it IPO

2021

Staff Count

516

Country

United States

Sector/Industry

Financial Services/Insuranceโ€”Specialty

CEO

Mr. Richard Lyn McCathron CIC, CPCU

Market Cap

$571.9M

Hippo Holdings Inc. (HIPO) Financial Data

In 2023, HIPO generated $209.7M in revenue, which was a increase of 75.19% from the previous year. This can be seen as a signal that HIPO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$51.6M

Revenue From 2021

$91.2M

76.74 %
From Previous Year

Revenue From 2022

$119.7M

31.25 %
From Previous Year

Revenue From 2023

$209.7M

75.19 %
From Previous Year
  • Revenue TTM $296.9M
  • Operating Margin TTM -40.6%
  • Gross profit TTM $0
  • Return on assets TTM -6.0%
  • Return on equity TTM -41.3%
  • Profit Margin -57.8%
  • Book Value Per Share 12.96%
  • Market capitalisation $571.9M
  • Revenue for 2021 $91.2M
  • Revenue for 2022 $119.7M
  • Revenue for 2023 $209.7M
  • EPS this year (TTM) $-7.05

Hippo Holdings Inc. (HIPO) Latest News

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Hippo Holdings (HIPO) is expected to report earnings that may exceed forecasts, supported by favorable conditions. Investors should prepare for the upcoming earnings report.

Why It Matters - Hippo Holdings may exceed earnings expectations, potentially boosting stock performance and investor confidence, influencing market sentiment and valuations.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Hippo Holdings (HIPO) experienced significant trading volume recently, with positive earnings estimate revisions potentially supporting further stock price movement.

Why It Matters - Increased trading volume and positive earnings estimate revisions suggest potential upward momentum for Hippo Holdings, indicating possible investment opportunities or risks.

News Image

Wed, 16 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Analysts' price targets for Hippo Holdings (HIPO) suggest a 35% upside, supported by strong agreement in raising earnings estimates, indicating potential stock growth.

Why It Matters - Analysts' price targets suggest a potential 35% upside for Hippo Holdings, indicating positive sentiment and potential growth, despite mixed effectiveness of such metrics.

News Image

Mon, 14 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Hippo (NYSE: HIPO) will release its Q3 financial results on November 8, 2024, before market open.

Why It Matters - Hippo's upcoming Q3 financial results could impact its stock price and investor sentiment, revealing performance trends and growth prospects in the competitive home insurance market.

News Image

Tue, 08 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Hippo (NYSE: HIPO) has appointed William Malone as Vice President and Head of Agency, enhancing its focus on proactive home protection.

Why It Matters - The appointment of William Malone as VP Head of Agency may signal strategic growth and improved agency relations for Hippo, potentially enhancing revenue and market positioning.

News Image

Thu, 03 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Hippo (NYSE: HIPO) expands its New Homes Program by partnering with Perry Homes and Van Daele Homes, enhancing access in California, Florida, and Texas.

Why It Matters - Hippo's expansion of its New Homes Program enhances partnerships with builders, potentially increasing market share and revenue, which could positively impact stock performance and investor sentiment.

...

HIPO Frequently asked questions

The highest forecasted price for HIPO is $28 from Alex Scott at Goldman Sachs.

The lowest forecasted price for HIPO is $21 from Thomas McJoynt-Griffith from Keefe, Bruyette & Woods

The HIPO analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.