The Allstate Corporation (ALL)
NYSE: ALL · IEX Real-Time Price · USD
160.18
-0.36 (-0.22%)
Jul 2, 2024, 4:00 PM EDT - Market closed
The Allstate Corporation Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for ALL stock have an average target of 174.88, with a low estimate of 107 and a high estimate of 200. The average target predicts an increase of 9.18% from the current stock price of 160.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ALL stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 8 | 8 | 8 | 7 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 5 | 4 | 2 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 18 | 17 | 18 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $194 | Buy | Maintains | $194 | +21.11% | Jun 21, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $146 → $153 | Sell | Maintains | $146 → $153 | -4.48% | May 10, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $185 → $193 | Buy | Maintains | $185 → $193 | +20.49% | May 2, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $187 → $190 | Buy | Maintains | $187 → $190 | +18.62% | Apr 15, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $145 → $146 | Sell | Maintains | $145 → $146 | -8.85% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
56.91B
from 57.09B
Decreased by -0.32%
Revenue Next Year
62.96B
from 56.91B
Increased by 10.62%
EPS This Year
15.12
from -1.20
EPS Next Year
17.73
from 15.12
Increased by 17.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 62.2B | 67.9B | 72.5B | 70.0B | 71.0B |
| Avg | 56.9B | 63.0B | 69.7B | 67.3B | 68.3B |
| Low | 51.7B | 58.6B | 67.7B | 65.3B | 66.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.9% | 19.4% | 15.2% | 0.3% | 5.4% |
| Avg | -0.3% | 10.6% | 10.8% | -3.5% | 1.4% |
| Low | -9.5% | 2.9% | 7.5% | -6.4% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.39 | 20.91 | 24.99 |
| Avg | 15.12 | 17.73 | 20.61 |
| Low | 13.48 | 14.52 | 17.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 38.3% | 40.9% |
| Avg | - | 17.3% | 16.2% |
| Low | - | -3.9% | -2.7% |
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.