Brown & Brown (BRO) Stock Forecast, Price Target & Predictions
BRO Stock Forecast
Brown & Brown stock forecast is as follows: an average price target of $87.75 (represents a -14.91% downside from BRO’s last price of $103.13) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
BRO Price Target
The average price target for Brown & Brown (BRO) is $87.75 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $112.00 to $62.00. This represents a potential -14.91% downside from BRO's last price of $103.13.
BRO Analyst Ratings
According to 10 Wall Street analysts, Brown & Brown's rating consensus is 'Buy'. The analyst rating breakdown for BRO stock is 0 'Strong Buy' (0.00%), 5 'Buy' (50.00%), 5 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Brown & Brown Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 04, 2024 | Alex Scott | Barclays | $108.00 | $105.82 | 2.06% | 4.72% |
| Aug 12, 2024 | Elyse Greenspan | Wells Fargo | $112.00 | $99.56 | 12.49% | 8.60% |
| Jul 25, 2024 | Gregory Peters | Raymond James | $110.00 | $98.59 | 11.57% | 6.66% |
| Apr 29, 2024 | Yaron Kinar | Jefferies | $84.00 | $81.54 | 3.02% | -18.55% |
| Mar 26, 2024 | Gregory Peters | Raymond James | $95.00 | $86.35 | 10.02% | -7.88% |
| Mar 14, 2024 | Catherine Seifert | CFRA | $90.00 | $84.99 | 5.89% | -12.73% |
| Dec 15, 2022 | - | Citigroup | $62.00 | $58.17 | 6.58% | -39.88% |
| Nov 22, 2022 | - | Morgan Stanley | $65.00 | $58.15 | 11.78% | -36.97% |
| Aug 19, 2022 | - | Morgan Stanley | $69.00 | $67.24 | 2.62% | -33.09% |
| Jul 12, 2022 | - | Jefferies | $70.00 | $59.84 | 16.99% | -32.12% |
The latest Brown & Brown stock forecast, released on Sep 04, 2024 by Alex Scott from Barclays, set a price target of $108.00, which represents a 2.06% increase from the stock price at the time of the forecast ($105.82), and a 4.72% increase from BRO last price ($103.13).
Brown & Brown Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 6 |
| Avg Price Target | $108.00 | $110.00 | $99.83 |
| Last Closing Price | $103.13 | $103.13 | $103.13 |
| Upside/Downside | 4.72% | 6.66% | -3.20% |
In the current month, the average price target of Brown & Brown stock is $108.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.72% increase as opposed to Brown & Brown's last price of $103.13. This month's average price target is down -1.82% compared to last quarter, and up 8.18% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | Barclays | - | Equal-Weight | Initialise |
| Aug 12, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Jul 25, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jul 24, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 24, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| May 30, 2024 | Citigroup | Buy | Buy | Hold |
| May 22, 2024 | Bank of America Securities | Underperform | Neutral | Upgrade |
| May 03, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Apr 29, 2024 | Jefferies | Hold | Hold | Hold |
| Apr 15, 2024 | Citigroup | Buy | Buy | Hold |
Brown & Brown's last stock rating was published by Barclays on Sep 04, 2024. The company Initialise its BRO rating from "null" to "Equal-Weight".
Brown & Brown Financial Forecast
Brown & Brown Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.03B | - | $1.05B | $1.12B | $901.40M | $927.60M | - | $904.70M | $737.91M | $769.65M | $725.92M | $814.04M | $640.05M | $671.40M | $598.16M | $696.50M | $576.98M | $617.36M |
| Avg Forecast | $1.31B | $1.36B | $1.37B | $1.44B | $1.20B | $1.26B | $1.27B | $1.35B | $1.11B | $1.16B | $1.14B | $1.22B | $985.43M | $1.04B | $997.51M | $1.07B | $898.00M | $945.80M | $803.46M | $893.82M | $725.36M | $761.46M | $683.15M | $753.63M | $623.34M | $641.76M | $574.54M | $678.82M | $563.56M | $609.86M |
| High Forecast | $1.34B | $1.40B | $1.40B | $1.48B | $1.23B | $1.29B | $1.30B | $1.38B | $1.14B | $1.18B | $1.17B | $1.25B | $1.01B | $1.06B | $1.02B | $1.09B | $919.66M | $968.62M | $803.46M | $923.68M | $749.59M | $786.89M | $705.97M | $778.80M | $644.16M | $663.20M | $593.73M | $701.49M | $582.39M | $630.23M |
| Low Forecast | $1.28B | $1.34B | $1.34B | $1.41B | $1.18B | $1.24B | $1.24B | $1.32B | $1.09B | $1.14B | $1.12B | $1.19B | $965.50M | $1.01B | $977.26M | $1.04B | $879.77M | $926.61M | $803.46M | $868.40M | $704.73M | $739.80M | $663.72M | $732.19M | $605.61M | $623.50M | $558.19M | $659.51M | $547.53M | $592.51M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | - | 1.05% | 1.05% | 1.00% | 0.98% | - | 1.01% | 1.02% | 1.01% | 1.06% | 1.08% | 1.03% | 1.05% | 1.04% | 1.03% | 1.02% | 1.01% |
Brown & Brown's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.22B, with a low forecast of $1.19B, and a high forecast of $1.25B. BRO's average Quarter revenue forecast represents a 18.59% increase compared to the company's last Quarter revenue of $1.03B (Dec 23).
Brown & Brown EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $355.10M | - | $356.50M | $384.20M | $279.50M | $287.70M | - | $318.90M | $197.29M | $252.67M | $242.66M | $292.50M | $183.33M | $205.47M | $178.06M | $252.96M | $150.69M | $200.24M |
| Avg Forecast | $417.87M | $434.54M | $437.01M | $460.28M | $384.07M | $402.44M | $404.68M | $429.70M | $353.39M | $370.67M | $364.84M | $381.61M | $314.14M | $330.11M | $317.99M | $346.91M | $286.26M | $251.72M | $256.13M | $315.38M | $182.11M | $228.83M | $188.06M | $231.98M | $164.36M | $162.46M | $139.91M | $225.46M | $145.10M | $194.97M |
| High Forecast | $427.95M | $445.02M | $447.56M | $471.38M | $393.33M | $412.15M | $414.44M | $440.06M | $361.91M | $377.07M | $373.64M | $457.93M | $323.37M | $339.05M | $325.66M | $416.30M | $293.17M | $302.06M | $256.13M | $378.45M | $218.53M | $274.60M | $225.68M | $278.38M | $197.24M | $194.95M | $167.89M | $270.55M | $174.12M | $233.96M |
| Low Forecast | $409.39M | $425.72M | $428.15M | $450.94M | $376.27M | $394.28M | $396.47M | $420.98M | $346.21M | $364.28M | $357.44M | $305.28M | $307.78M | $322.95M | $311.53M | $277.53M | $280.46M | $201.37M | $256.13M | $252.30M | $145.69M | $183.07M | $150.45M | $185.58M | $131.49M | $129.97M | $111.92M | $180.37M | $116.08M | $155.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | - | 1.12% | 1.11% | 0.98% | 1.14% | - | 1.01% | 1.08% | 1.10% | 1.29% | 1.26% | 1.12% | 1.26% | 1.27% | 1.12% | 1.04% | 1.03% |
4 analysts predict BRO's average Quarter EBITDA for Mar 24 to be $381.61M, with a high of $457.93M and a low of $305.28M. This is 7.46% upper than Brown & Brown's previous annual EBITDA (Dec 23) of $355.10M.
Brown & Brown Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $268.60M | - | $190.40M | $235.50M | $145.20M | $161.10M | - | $220.30M | $101.72M | $146.35M | $139.29M | $199.74M | $97.32M | $133.98M | $96.78M | $152.40M | $76.52M | $115.51M |
| Avg Forecast | $258.88M | $296.19M | $307.20M | $365.30M | $234.66M | $271.35M | $282.06M | $344.00M | $215.33M | $246.11M | $248.36M | $259.55M | $149.98M | $175.02M | $168.81M | $235.95M | $128.90M | $145.80M | $137.21M | $214.50M | $93.89M | $132.55M | $107.95M | $158.42M | $87.25M | $105.94M | $76.04M | $135.83M | $73.68M | $112.47M |
| High Forecast | $266.99M | $305.48M | $316.83M | $376.76M | $242.01M | $279.86M | $290.91M | $354.79M | $222.08M | $251.84M | $256.15M | $311.46M | $161.30M | $183.49M | $174.10M | $283.14M | $132.94M | $174.96M | $137.21M | $257.40M | $112.67M | $159.06M | $129.54M | $190.10M | $104.70M | $127.12M | $91.25M | $163.00M | $88.42M | $134.96M |
| Low Forecast | $252.05M | $288.38M | $299.09M | $355.67M | $228.47M | $264.19M | $274.62M | $334.93M | $209.65M | $240.39M | $241.81M | $207.64M | $147.15M | $163.73M | $164.36M | $188.76M | $125.50M | $116.64M | $137.21M | $171.60M | $75.11M | $106.04M | $86.36M | $126.73M | $69.80M | $84.75M | $60.84M | $108.67M | $58.95M | $89.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.79% | - | 1.13% | 1.00% | 1.13% | 1.10% | - | 1.03% | 1.08% | 1.10% | 1.29% | 1.26% | 1.12% | 1.26% | 1.27% | 1.12% | 1.04% | 1.03% |
Brown & Brown's average Quarter net income forecast for Mar 24 is $259.55M, with a range of $207.64M to $311.46M. BRO's average Quarter net income forecast represents a -3.37% decrease compared to the company's last Quarter net income of $268.60M (Dec 23).
Brown & Brown SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Brown & Brown's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to BRO last annual SG&A of $NaN (undefined).
Brown & Brown EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.96 | - | $0.67 | $0.83 | $0.51 | $0.57 | - | $0.78 | $0.37 | $0.53 | $0.51 | $0.72 | $0.35 | $0.49 | $0.35 | $0.56 | $0.28 | $0.42 |
| Avg Forecast | $0.91 | $1.05 | $1.09 | $1.29 | $0.83 | $0.96 | $1.00 | $1.22 | $0.76 | $0.87 | $0.88 | $1.07 | $0.53 | $0.62 | $0.60 | $0.82 | $0.46 | $0.60 | $0.48 | $0.76 | $0.39 | $0.52 | $0.40 | $0.57 | $0.29 | $0.43 | $0.28 | $0.46 | $0.27 | $0.38 |
| High Forecast | $0.94 | $1.08 | $1.12 | $1.33 | $0.86 | $0.99 | $1.03 | $1.25 | $0.78 | $0.89 | $0.91 | $1.10 | $0.57 | $0.65 | $0.62 | $0.84 | $0.47 | $0.62 | $0.48 | $0.79 | $0.41 | $0.55 | $0.42 | $0.59 | $0.30 | $0.45 | $0.29 | $0.48 | $0.28 | $0.40 |
| Low Forecast | $0.89 | $1.02 | $1.06 | $1.26 | $0.81 | $0.93 | $0.97 | $1.18 | $0.74 | $0.85 | $0.85 | $1.04 | $0.52 | $0.58 | $0.58 | $0.80 | $0.44 | $0.59 | $0.48 | $0.73 | $0.38 | $0.51 | $0.38 | $0.55 | $0.28 | $0.41 | $0.27 | $0.44 | $0.26 | $0.37 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.81% | - | 1.12% | 1.02% | 1.12% | 0.95% | - | 1.03% | 0.95% | 1.01% | 1.28% | 1.27% | 1.20% | 1.15% | 1.24% | 1.22% | 1.06% | 1.09% |
According to 4 Wall Street analysts, Brown & Brown's projected average Quarter EPS for Mar 24 is $1.07, with a low estimate of $1.04 and a high estimate of $1.10. This represents a 11.36% increase compared to BRO previous annual EPS of $0.96 (Dec 23).
Brown & Brown Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WTW | Willis Towers Watson Public Limited Company | $290.70 | $292.50 | 0.62% | Buy |
| BRP | Baldwin Insurance Group | $32.66 | $31.00 | -5.08% | Buy |
| AON | Aon | $347.85 | $329.55 | -5.26% | Buy |
| BRO | Brown & Brown | $103.13 | $87.75 | -14.91% | Buy |
| MMC | Marsh & McLennan Companies | $229.68 | $190.50 | -17.06% | Hold |
| AJG | Arthur J. Gallagher | $297.39 | $234.00 | -21.32% | Buy |
BRO Forecast FAQ
Is Brown & Brown a good buy?
Yes, according to 10 Wall Street analysts, Brown & Brown (BRO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 50.00% of BRO's total ratings.
What is BRO's price target?
Brown & Brown (BRO) average price target is $87.75 with a range of $62 to $112, implying a -14.91% from its last price of $103.13. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Brown & Brown stock go up soon?
According to Wall Street analysts' prediction for BRO stock, the company can go down by -14.91% (from the last price of $103.13 to the average price target of $87.75), up by 8.60% based on the highest stock price target, and down by -39.88% based on the lowest stock price target.
Can Brown & Brown stock reach $200?
BRO's average twelve months analyst stock price target of $87.75 does not support the claim that Brown & Brown can reach $200 in the near future.
What is Brown & Brown's current price target trend?
1 Wall Street analyst forecast a $108 price target for Brown & Brown (BRO) this month, up 4.72% from its last price of $103.13. Compared to the last 3 and 12 months, the average price target increased by 6.66% and decreased by -3.20%, respectively.
What are Brown & Brown's analysts' financial forecasts?
Brown & Brown's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $5.08B (high $5.21B, low $4.98B), average EBITDA is $1.62B (high $1.66B, low $1.59B), average net income is $1.13B (high $1.17B, low $1.1B), average SG&A $0 (high $0, low $0), and average EPS is $4 (high $4.13, low $3.89). BRO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.49B (high $5.62B, low $5.38B), average EBITDA is $1.75B (high $1.79B, low $1.71B), average net income is $1.23B (high $1.27B, low $1.2B), average SG&A $0 (high $0, low $0), and average EPS is $4.34 (high $4.47, low $4.22).
Did the BRO's actual financial results beat the analysts' financial forecasts?
Based on Brown & Brown's last annual report (Dec 2023), the company's revenue was $4.26B, beating the average analysts forecast of $4.08B by 4.25%. Apple's EBITDA was $1.15B, missing the average prediction of $1.31B by -12.45%. The company's net income was $870.5M, beating the average estimation of $729.76M by 19.29%. Apple's SG&A was $0, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $3.11, beating the average prediction of $2.56 by 21.36%. In terms of the last quarterly report (Dec 2023), Brown & Brown's revenue was $1.03B, beating the average analysts' forecast of $985.43M by 4.14%. The company's EBITDA was $355.1M, beating the average prediction of $314.14M by 13.04%. Brown & Brown's net income was $268.6M, beating the average estimation of $149.98M by 79.10%. The company's SG&A was $0, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $0.96, beating the average prediction of $0.53 by 81.15%