The Allstate Corporation (ALL)
NYSE: ALL · Real-Time Price · USD
180.20
-10.37 (-5.44%)
Oct 7, 2024, 3:20 PM EDT - Market open
The Allstate Corporation Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for ALL stock have an average target of 191.24, with a low estimate of 138 and a high estimate of 226. The average target predicts an increase of 6.13% from the current stock price of 180.20.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ALL stock from 17 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 8 | 8 | 8 |
| Buy | 6 | 6 | 7 | 7 | 6 | 6 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 17 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $205 → $220 | Strong Buy | Maintains | $205 → $220 | +22.09% | Oct 4, 2024 |
| Barclays | Barclays | Sell Initiates $175 | Sell | Initiates | $175 | -2.89% | Sep 4, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $193 → $224 | Strong Buy | Maintains | $193 → $224 | +24.31% | Sep 3, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $188 → $196 | Buy | Maintains | $188 → $196 | +8.77% | Aug 16, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $208 | Buy | Maintains | $208 | +15.43% | Aug 16, 2024 |
Financial Forecast
Revenue This Year
57.10B
Revenue Next Year
63.04B
from 57.10B
Increased by 10.40%
EPS This Year
15.10
from -1.20
EPS Next Year
18.22
from 15.10
Increased by 20.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 60.3B | 68.1B | 76.1B | ||
| Avg | 57.1B | 63.0B | 68.3B | ||
| Low | 54.8B | 58.8B | 62.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 19.3% | 20.8% | ||
| Avg | - | 10.4% | 8.4% | ||
| Low | - | 3.0% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.03 | 20.99 | 24.71 |
| Avg | 15.10 | 18.22 | 20.35 |
| Low | 12.84 | 15.33 | 16.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 39.0% | 35.6% |
| Avg | - | 20.7% | 11.7% |
| Low | - | 1.5% | -7.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.