Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Neptune Insurance (NYSE:NP) Stock

Neptune Insurance (NYSE:NP) had its target price raised by analysts at Keefe, Bruyette & Woods from $32.00 to $33.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 16.27% from the stock’s current price.

Several other brokerages also recently issued reports on NP. Weiss Ratings downgraded Neptune Insurance from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Mizuho upped their price target on Neptune Insurance from $31.00 to $33.00 and gave the stock a “neutral” rating in a research note on Wednesday. BMO Capital Markets lowered shares of Neptune Insurance from an “outperform” rating to a “market perform” rating and set a $32.00 price objective for the company. in a report on Thursday, July 30th. JPMorgan Chase & Co. increased their price objective on shares of Neptune Insurance from $26.00 to $30.00 and gave the company a “neutral” rating in a report on Monday, July 13th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Neptune Insurance in a research report on Monday. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Neptune Insurance currently has a consensus rating of “Moderate Buy” and an average target price of $31.68.

Neptune Insurance Stock Down 3.8%

NP stock traded down $1.11 during trading on Wednesday, reaching $28.38. The company’s stock had a trading volume of 533,550 shares, compared to its average volume of 588,774. The company’s fifty day moving average is $30.48 and its 200-day moving average is $29.36. The company has a market capitalization of $3.89 billion and a P/E ratio of 113.52. Neptune Insurance has a 1 year low of $14.78 and a 1 year high of $35.15.

Neptune Insurance (NYSE:NP) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $59.57 million for the quarter, compared to the consensus estimate of $56.59 million. Neptune Insurance had a negative return on equity of 18.77% and a net margin of 21.45%. Analysts anticipate that Neptune Insurance will post 0.40 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Jonathan Carlon sold 50,000 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $31.15, for a total value of $1,557,500.00. Following the sale, the director directly owned 603,500 shares in the company, valued at approximately $18,799,025. The trade was a 7.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Vii L.P. Ftv sold 1,867,840 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $33.22, for a total value of $62,049,644.80. Following the transaction, the insider directly owned 14,442,941 shares of the company’s stock, valued at approximately $479,794,500.02. The trade was a 11.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,815,570 shares of company stock valued at $125,567,525 in the last ninety days. Company insiders own 74.26% of the company’s stock.

Institutional Trading of Neptune Insurance

Hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC boosted its position in shares of Neptune Insurance by 874.4% during the 1st quarter. Renaissance Technologies LLC now owns 160,703 shares of the company’s stock valued at $3,887,000 after acquiring an additional 144,210 shares during the last quarter. Walleye Capital LLC grew its holdings in shares of Neptune Insurance by 17.3% in the first quarter. Walleye Capital LLC now owns 135,364 shares of the company’s stock valued at $3,274,000 after purchasing an additional 20,000 shares in the last quarter. Fifth Third Bancorp bought a new stake in Neptune Insurance in the first quarter worth $1,531,000. Sei Investments Co. increased its position in Neptune Insurance by 203.3% in the first quarter. Sei Investments Co. now owns 59,114 shares of the company’s stock worth $1,430,000 after purchasing an additional 39,626 shares during the last quarter. Finally, BlueCrest Capital Management Ltd purchased a new stake in Neptune Insurance during the second quarter valued at $1,418,000.

Neptune Insurance News Summary

Here are the key news stories impacting Neptune Insurance this week:

• Positive Sentiment: Neptune reported third-quarter adjusted earnings of $0.17 per share, ahead of the $0.16 analyst consensus and up from $0.11 a year earlier. Revenue rose 34% year over year to approximately $59.6 million, exceeding estimates of $56.6 million. Neptune Insurance Third Quarter 2026 Results
• Positive Sentiment: Management projected approximately $238 million of 2027 revenue and an adjusted EBITDA margin of about 61%, helped by broader adoption of the Atlas+ platform. Quotes using Atlas+ reportedly convert to policies at 3.5 times the rate of other quotes, suggesting potential for continued growth and improved operating leverage. Neptune 2027 Revenue and EBITDA Outlook
• Neutral Sentiment: Mizuho raised its price target for NP to $33 from $31 but maintained a neutral rating. The higher target indicates valuation upside from recent levels, although the unchanged rating suggests the analyst sees a balanced risk-reward profile.
• Negative Sentiment: Neptune disclosed that Chief Financial Officer James Steiner will step down. Although the quarterly results and outlook were positive, the leadership transition introduces execution and continuity risk and could temper the market’s response to the earnings beat. Neptune Q3 Earnings and CFO Transition

About Neptune Insurance

Neptune Insurance is a technology-enabled insurance company focused primarily on flood coverage for residential and commercial policyholders. Its platform is designed to streamline the insurance process, including quoting, underwriting and policy management, while providing coverage tailored to properties that may face flood-related risks.

The company offers flood insurance products for homeowners, renters, landlords and businesses. Its offerings are intended to complement or provide an alternative to coverage available through traditional government and private-market flood insurance programs, depending on the policyholder’s location and eligibility.

Neptune’s business is primarily focused on the United States, where flood risk varies significantly by geography and many properties are outside federally designated high-risk areas.