Allstate (ALL) Stock Forecast, Price Target & Predictions


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ALL Stock Forecast


Allstate stock forecast is as follows: an average price target of $207.86 (represents a 7.39% upside from ALL’s last price of $193.56) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.

ALL Price Target


The average price target for Allstate (ALL) is $207.86 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $233.00 to $175.00. This represents a potential 7.39% upside from ALL's last price of $193.56.

ALL Analyst Ratings


Buy

According to 15 Wall Street analysts, Allstate's rating consensus is 'Buy'. The analyst rating breakdown for ALL stock is 2 'Strong Buy' (13.33%), 11 'Buy' (73.33%), 1 'Hold' (6.67%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).

Allstate Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 18, 2024Michael ZaremskiBMO Capital$214.00$195.519.46%10.56%
Oct 18, 2024Joshua ShankerBank of America Securities$233.00$195.5119.18%20.38%
Oct 10, 2024Joshua ShankerBank of America Securities$216.00$184.9116.81%11.59%
Oct 04, 2024Gregory PetersRaymond James$220.00$187.8417.12%13.66%
Aug 16, 2024Elyse GreenspanWells Fargo$175.00$178.11-1.75%-9.59%
Aug 16, 2024Paul NewsomePiper Sandler$196.00$178.1110.04%1.26%
Aug 14, 2024Catherine SeifertCFRA$200.00$180.9510.53%3.33%
Aug 12, 2024Elyse GreenspanWells Fargo$177.00$171.033.49%-8.56%
Aug 05, 2024Yaron KinarJefferies$217.00$169.0228.39%12.11%
Aug 05, 2024Michael ZaremskiBMO Capital$205.00$176.8215.94%5.91%
Jul 18, 2024Michael ZaremskiBMO Capital$191.00$176.698.10%-1.32%
Apr 01, 2024Paul NewsomePiper Sandler$188.00$173.018.66%-2.87%
Mar 28, 2024Vikram GandhiHSBC$190.00$169.8411.87%-1.84%
Feb 03, 2023Wells Fargo$104.00$131.69-21.02%-46.27%
Feb 02, 2023Evercore ISI$138.00$131.534.92%-28.70%
Jan 10, 2023Piper Sandler$153.00$140.019.28%-20.95%
Jan 09, 2023Goldman Sachs$166.00$140.3618.27%-14.24%
Nov 22, 2022Morgan Stanley$137.00$134.262.04%-29.22%
Sep 02, 2022Andrew KligermanCredit Suisse$188.00$121.3954.87%-2.87%
Aug 19, 2022Morgan Stanley$140.00$131.186.72%-27.67%
Apr 22, 2022Piper Sandler$147.00$141.134.16%-24.05%
Mar 27, 2022Gregory PetersRaymond James$165.00$141.8016.36%-14.76%
Mar 14, 2022Gregory PetersRaymond James$145.00$125.8815.19%-25.09%
Mar 03, 2022Alex ScottGoldman Sachs$142.00$125.6812.99%-26.64%
Jan 06, 2022Yaron KinarJefferies$122.00$121.540.38%-36.97%
Jan 06, 2022Tracy BenguiguiBarclays$119.00$121.54-2.09%-38.52%
May 13, 2021Phil StefanoDeutsche Bank$131.00$134.00-2.24%-32.32%
May 10, 2021Kevin HealArgus Research$155.00$131.0518.28%-19.92%

The latest Allstate stock forecast, released on Oct 18, 2024 by Michael Zaremski from BMO Capital, set a price target of $214.00, which represents a 9.46% increase from the stock price at the time of the forecast ($195.51), and a 10.56% increase from ALL last price ($193.56).

Allstate Price Target by Period


1M3M12M
# Anlaysts-413
Avg Price Target-$220.75$201.69
Last Closing Price$193.56$193.56$193.56
Upside/Downside-100.00%14.05%4.20%

In the current month, the average price target of Allstate stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Allstate's last price of $193.56. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 17, 2024BMO CapitalOutperformOutperformHold
Oct 09, 2024JefferiesBuyBuyHold
Oct 04, 2024Wells FargoStrong BuyStrong BuyHold
Oct 04, 2024Raymond JamesStrong BuyStrong BuyHold
Sep 04, 2024BarclaysUnderweightInitialise
Sep 03, 2024Wells FargoBuyBuyHold
Aug 16, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Aug 16, 2024Wells FargoEqual-WeightEqual-WeightHold
Aug 15, 2024Goldman SachsBuyBuyHold
Aug 14, 2024Cowen & Co.BuyBuyHold
Aug 14, 2024Piper SandlerOverweightOverweightHold
Aug 12, 2024Wells FargoBuyEqual-WeightUpgrade
Aug 05, 2024JefferiesBuyBuyHold
Aug 05, 2024BMO CapitalOutperformOutperformHold
Aug 01, 2024Wells FargoBuyBuyHold
Jul 18, 2024Goldman SachsBuyBuyHold
Jul 18, 2024BMO CapitalOutperformUpgrade
Jul 10, 2024Wells FargoOutperformOutperformHold
Jun 21, 2024Wells FargoBuyBuyHold
May 16, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
May 16, 2024Edward JonesBuyBuyHold
Apr 18, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Apr 01, 2024Piper SandlerOverweightOverweightHold
Jan 09, 2024JefferiesBuyUpgrade
Jan 04, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Jun 27, 2023CitigroupBuyBuyHold
May 19, 2023HSBCBuyBuyHold
Feb 03, 2023Wells FargoUnderweightUnderweightHold
Jan 09, 2023Goldman SachsBuyBuyHold
Nov 22, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 19, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 28, 2022Credit SuisseOutperformInitialise
Apr 25, 2022Zacks Investment ResearchHoldUpgrade
Mar 27, 2022Raymond JamesOutperformStrong BuyUpgrade
Mar 14, 2022Raymond JamesOutperformOutperformHold
Mar 03, 2022Goldman SachsBuyUpgrade

Allstate's last stock rating was published by BMO Capital on Oct 17, 2024. The company gave ALL a "Outperform" rating, the same as its previous rate.

Allstate Financial Forecast


Allstate Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$14.83B$13.21B-$13.79B$13.65B$13.21B$12.22B$12.34B$13.01B$12.48B$12.65B$12.45B$12.02B$11.50B$11.20B$10.08B$11.47B$11.07B
Avg Forecast$16.45B$17.38B$16.77B$15.43B$14.83B$15.66B$15.22B$14.04B$13.79B$14.57B$14.04B$12.76B$12.69B$12.78B$12.30B$11.65B$11.39B$11.66B$10.96B$10.47B$10.07B$10.46B$10.36B$9.45B$9.26B$9.63B$9.43B$9.01B$8.90B$9.37B
High Forecast$16.76B$17.71B$17.09B$15.72B$15.11B$15.96B$15.51B$14.41B$14.09B$14.67B$14.04B$12.76B$12.77B$13.19B$12.53B$11.87B$11.60B$11.66B$10.96B$10.47B$10.07B$10.46B$10.36B$9.45B$9.26B$9.63B$9.43B$9.01B$8.90B$9.37B
Low Forecast$16.14B$17.05B$16.46B$15.14B$14.55B$15.37B$14.93B$13.68B$13.51B$14.46B$14.04B$12.76B$12.62B$12.29B$12.07B$11.43B$11.17B$11.66B$10.96B$10.47B$10.07B$10.46B$10.36B$9.45B$9.26B$9.63B$9.43B$9.01B$8.90B$9.37B
# Analysts111111122111242211112222299955
Surprise %------------1.17%1.03%-1.18%1.20%1.13%1.12%1.18%1.29%1.19%1.22%1.32%1.30%1.19%1.19%1.12%1.29%1.18%

Allstate's average Quarter revenue forecast for Mar 24 based on 1 analysts is $12.76B, with a low forecast of $12.76B, and a high forecast of $12.76B. ALL's average Quarter revenue forecast represents a -13.98% decrease compared to the company's last Quarter revenue of $14.83B (Dec 23).

Allstate EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111122111242211112222299955
EBITDA------------$1.34B$-920.00M-$797.00M$-228.00M$-152.00M$-425.00M$1.13B$1.29B$874.00M$2.39B$-409.00M$3.58B$1.70B$1.79B$897.00M$2.48B$1.40B
Avg Forecast$1.49B$1.57B$1.52B$1.39B$1.34B$1.42B$1.38B$1.27B$1.25B$1.32B$1.27B$1.51B$1.15B$1.16B$1.11B$1.38B$1.42B$573.46M$538.80M$1.25B$495.11M$514.53M$509.27M$-191.32M$455.60M$473.55M$463.73M$886.75M$437.87M$460.91M
High Forecast$1.51B$1.60B$1.54B$1.42B$1.37B$1.44B$1.40B$1.30B$1.27B$1.33B$1.27B$1.82B$1.15B$1.19B$1.13B$1.65B$1.70B$573.46M$538.80M$1.50B$495.11M$514.53M$509.27M$-153.06M$455.60M$473.55M$463.73M$1.06B$437.87M$460.91M
Low Forecast$1.46B$1.54B$1.49B$1.37B$1.31B$1.39B$1.35B$1.24B$1.22B$1.31B$1.27B$1.21B$1.14B$1.11B$1.09B$1.10B$1.14B$573.46M$538.80M$1.00B$495.11M$514.53M$509.27M$-229.59M$455.60M$473.55M$463.73M$709.40M$437.87M$460.91M
Surprise %------------1.17%-0.80%-0.58%-0.16%-0.27%-0.79%0.90%2.61%1.70%4.69%2.14%7.85%3.59%3.86%1.01%5.67%3.04%

1 analysts predict ALL's average Quarter EBITDA for Mar 24 to be $1.51B, with a high of $1.82B and a low of $1.21B. This is 12.56% upper than Allstate's previous annual EBITDA (Dec 23) of $1.34B.

Allstate Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111122111242211112222299955
Net Income------------$1.49B$-1.03M-$-321.00M$-303.00M$-683.00M$-1.02B$656.00M$1.11B$538.00M$1.63B$-1.38B$2.62B$1.15B$1.25B$549.00M$1.77B$931.00M
Avg Forecast$1.82B$1.27B$918.87M$1.62B$1.63B$1.16B$861.54M$1.48B$1.53B$637.00M$74.61M$881.35M$1.06B$119.83M$-1.12B$801.22M$898.70M$-380.03M$-313.85M$728.39M$740.75M$438.06M$847.01M$-646.01M$1.02B$460.62M$412.19M$542.73M$864.64M$692.49M
High Forecast$1.86B$1.30B$941.45M$1.66B$1.67B$1.19B$882.71M$1.68B$1.71B$652.66M$74.66M$1.06B$1.15B$282.11M$-1.09B$961.47M$1.08B$-380.03M$-313.85M$874.06M$740.75M$438.06M$847.01M$-516.81M$1.02B$460.62M$412.19M$651.27M$864.64M$692.49M
Low Forecast$1.77B$1.23B$896.30M$1.58B$1.59B$1.13B$840.37M$1.22B$1.28B$621.35M$74.55M$705.08M$957.81M$-44.94M$-1.15B$640.98M$718.96M$-380.03M$-313.85M$582.71M$740.75M$438.06M$847.01M$-775.21M$1.02B$460.62M$412.19M$434.18M$864.64M$692.49M
Surprise %------------1.41%-0.01%--0.40%-0.34%1.80%3.26%0.90%1.50%1.23%1.92%2.14%2.58%2.50%3.03%1.01%2.05%1.34%

Allstate's average Quarter net income forecast for Mar 24 is $881.35M, with a range of $705.08M to $1.06B. ALL's average Quarter net income forecast represents a -40.81% decrease compared to the company's last Quarter net income of $1.49B (Dec 23).

Allstate SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111122111242211112222299955
SG&A------------$-47.00M--$-53.00M$25.00M$79.00M$259.00M$-247.00M$-240.00M$40.00M$-134.00M$-310.00M$-371.00M$-71.00M$73.00M$318.00M$-251.00M$225.00M
Avg Forecast$-29.30M$-30.94M$-29.87M$-27.48M$-26.41M$-27.89M$-27.10M$-25.00M$-24.56M$-25.94M$-25.01M$-22.72M$-22.60M$-22.76M$-21.91M$-20.75M$-264.00M$-20.77M$-19.51M$-18.64M$-17.93M$-18.63M$-18.44M$-145.01M$-16.50M$-17.15M$-16.79M$314.37M$-15.86M$-16.69M
High Forecast$-28.74M$-30.36M$-29.30M$-26.96M$-25.91M$-27.37M$-26.59M$-24.35M$-24.05M$-25.75M$-25.01M$-22.72M$-22.47M$-21.88M$-21.49M$-20.36M$-211.20M$-20.77M$-19.51M$-18.64M$-17.93M$-18.63M$-18.44M$-116.01M$-16.50M$-17.15M$-16.79M$377.24M$-15.86M$-16.69M
Low Forecast$-29.85M$-31.53M$-30.43M$-28.00M$-26.91M$-28.42M$-27.62M$-25.65M$-25.09M$-26.12M$-25.01M$-22.72M$-22.74M$-23.48M$-22.32M$-21.14M$-316.80M$-20.77M$-19.51M$-18.64M$-17.93M$-18.63M$-18.44M$-174.02M$-16.50M$-17.15M$-16.79M$251.49M$-15.86M$-16.69M
Surprise %------------2.08%--2.55%-0.09%-3.80%-13.28%13.25%13.39%-2.15%7.27%2.14%22.49%4.14%-4.35%1.01%15.83%-13.48%

Allstate's average Quarter SG&A projection for Mar 23 is $-20.75M, based on 2 Wall Street analysts, with a range of $-21.14M to $-20.36M. The forecast indicates a -183.00% fall compared to ALL last annual SG&A of $25.00M (Dec 22).

Allstate EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111122111242211112222299955
EPS-------------$-0.16-$-1.22$-1.15$-2.54$-3.74$2.28$3.90$1.73$5.34$-4.65$8.54$3.62$3.90$1.62$5.32$2.71
Avg Forecast$6.79$4.72$3.43$6.06$6.10$4.32$3.21$5.52$5.70$2.38$0.28$3.93$3.94$0.45$-4.17$-1.05$-1.36$-1.42$-1.18$2.90$2.77$1.64$3.17$3.93$3.81$1.72$1.54$3.36$3.24$2.59
High Forecast$6.95$4.84$3.51$6.21$6.25$4.42$3.29$6.27$6.37$2.44$0.28$3.93$4.30$1.05$-4.07$-1.03$-1.33$-1.42$-1.18$2.90$2.77$1.64$3.17$3.93$3.81$1.72$1.54$3.36$3.24$2.59
Low Forecast$6.62$4.61$3.34$5.91$5.95$4.21$3.14$4.54$4.78$2.32$0.28$3.93$3.57$-0.17$-4.27$-1.08$-1.39$-1.42$-1.18$2.90$2.77$1.64$3.17$3.93$3.81$1.72$1.54$3.36$3.24$2.59
Surprise %--------------0.36%-1.16%0.85%1.79%3.18%0.79%1.41%1.05%1.68%-1.18%2.24%2.10%2.53%0.48%1.64%1.05%

According to 1 Wall Street analysts, Allstate's projected average Quarter EPS for Jun 22 is $-1.18, with a low estimate of $-1.18 and a high estimate of $-1.18. This represents a -151.54% decrease compared to ALL previous annual EPS of $2.28 (Mar 22).

Allstate Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PGRProgressive$247.53$276.3311.63%Buy
CBChubb$276.69$306.2510.68%Buy
WRBW. R. Berkley$58.85$64.409.43%Buy
ALLAllstate$193.40$207.867.48%Buy
RLIRLI$166.88$172.333.27%Buy
TRVTravelers Companies$243.64$250.082.64%Hold
CNACNA Financial$48.40$45.00-7.02%Buy
MKLMarkel$1.71K$1.56K-8.88%Hold
CINFCincinnati Financial$147.80$126.00-14.75%Buy

ALL Forecast FAQ


Is Allstate a good buy?

Yes, according to 15 Wall Street analysts, Allstate (ALL) is considered a 'Buy'. The rating consensus is based on 2 'Strong Buy' and 11 'Buy' recommendations, accounting for 86.67% of ALL's total ratings.

What is ALL's price target?

Allstate (ALL) average price target is $207.86 with a range of $175 to $233, implying a 7.39% from its last price of $193.56. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Allstate stock go up soon?

According to Wall Street analysts' prediction for ALL stock, the company can go up by 7.39% (from the last price of $193.56 to the average price target of $207.86), up by 20.38% based on the highest stock price target, and down by -9.59% based on the lowest stock price target.

Can Allstate stock reach $300?

ALL's average twelve months analyst stock price target of $207.86 does not support the claim that Allstate can reach $300 in the near future.

What are Allstate's analysts' financial forecasts?

Allstate's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $59.76B (high $60.98B, low $58.53B), average EBITDA is $5.4B (high $5.51B, low $5.29B), average net income is $5.13B (high $5.42B, low $4.78B), average SG&A $-106M (high $-104M, low $-109M), and average EPS is $19.15 (high $20.24, low $17.84). ALL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $66.04B (high $67.29B, low $64.79B), average EBITDA is $5.97B (high $6.08B, low $5.85B), average net income is $5.63B (high $5.77B, low $5.49B), average SG&A $-118M (high $-115M, low $-120M), and average EPS is $21 (high $21.52, low $20.48).

Did the ALL's actual financial results beat the analysts' financial forecasts?

Based on Allstate's last annual report (Dec 2023), the company's revenue was $57.09B, beating the average analysts forecast of $49.43B by 15.50%. Apple's EBITDA was $-213M, missing the average prediction of $4.79B by -104.45%. The company's net income was $-188M, missing the average estimation of $859.46M by -121.87%. Apple's SG&A was $0, missing the average forecast of $-88.02M by -100.00%. Lastly, the company's EPS was $-0.72, missing the average prediction of $-0.837 by -13.97%. In terms of the last quarterly report (Dec 2023), Allstate's revenue was $14.83B, beating the average analysts' forecast of $12.69B by 16.84%. The company's EBITDA was $1.34B, beating the average prediction of $1.15B by 17.17%. Allstate's net income was $1.49B, beating the average estimation of $1.06B by 41.00%. The company's SG&A was $-47M, beating the average forecast of $-22.604M by 107.93%. Lastly, the company's EPS was $0, missing the average prediction of $3.94 by -100.00%