Wells Fargo Rates Neptune Insurance (NP) buy, $35 Price Target
Wells Fargo maintains its buy rating on Neptune Insurance with a price target of $35, a 7.99% upside from the current price.
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Wells Fargo rated Neptune Insurance Holdings Inc. ($NP) "buy" with a $35 price target on June 30, 2026.
Since the rating, $NP is up 7.3% after 1 week, up 0.5% after 1 month and down 6.8% to date (from the $31.50 close on Jun 30, 2026).
NP
Neptune Insurance Holdings Inc.
Key Points
- Wells Fargo reiterated its buy rating for Neptune Insurance Holdings Inc. (NYSE:NP) with a price target of $35 as of June 30, 2026.
- Wells Fargo's $35 price target implies 7.99% upside from Neptune Insurance Holdings Inc.'s ($NP) current $32.41 share price.
- Shares of Neptune Insurance traded near $30.48 on Wednesday, with a 52-week range between $14.78 and $33.23.
- Analysts' consensus for Neptune Insurance includes a target mean price of $30.42, with 12 analyst opinions overall.
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Wells Fargo has reiterated its buy rating for Neptune Insurance Holdings Inc. (NYSE:NP), setting a price target of $35. This update came from analyst Elyse Greenspan on June 30, 2026. The stock was trading around $30.48 on Wednesday.
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Neptune Insurance Holdings Inc. Stock Up 8.8%
Shares of Neptune Insurance Holdings Inc. traded near $30.48 on Wednesday. The company, which operates in the financial services sector as an insurance broker, has a market capitalization of about $4.36 billion. Neptune Insurance has a forward P/E ratio of 48.76 and a beta of 1.15. The stock's 52-week range is between $14.78 and $33.23, with a 50-day moving average of $27.36 and a 200-day moving average of $25.51.
$NP price target
Neptune Insurance Holdings Inc. daily closes and this analyst's $35 target. Not advice.
Analysts Set New Price Targets
On June 30, 2026, Wells Fargo reiterated its buy rating on Neptune Insurance with a price target of $35. Previously, on May 21, 2026, Morgan Stanley maintained a hold rating with a $29 target. Evercore ISI Group, on May 8, 2026, also maintained a buy rating with a $35 target. The consensus among analysts is a target mean price of $30.42, based on 12 analyst opinions.
About Neptune Insurance Holdings Inc.
Neptune Insurance Holdings Inc., based in Saint Petersburg, Florida, operates through its subsidiary, Neptune Flood Incorporated. It sells residential and commercial flood insurance policies across the United States. The company offers a variety of insurance products, including primary and excess flood insurance, parametric earthquake, and indemnity earthquake insurance. Founded in 2016, Neptune Insurance is led by CEO Mr. Trevor R. Burgess and employs 62 people.
Bottom Line
Wells Fargo's reiteration of its buy rating and $35 price target for Neptune Insurance Holdings Inc. highlights continued confidence in the company's prospects. Investors often track such analyst ratings as they can provide insights into a stock's potential performance. It's important to remember that this rating reflects Wells Fargo's perspective as of June 30, 2026, and should be considered as part of a broader investment strategy.
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Source: Wells Fargo's rating change on $NP (Jun 30, 2026). Written by software, not financial advice. How we make alerts