
Hippo Holdings (HIPO) Stock Forecast & Price Target
Hippo Holdings (HIPO) Analyst Ratings
Bulls say
Hippo Holdings Inc. demonstrated significant growth, with a gross placed premium (GPP) increase of 61% year-over-year in Q3 2023, highlighting the company's robust expansion in its insurance offerings. The Insurance-as-a-Service (IAAS) segment experienced an impressive 84% year-over-year growth in total generated premium, underscoring the strength and scalability of its platform. Additionally, projected growth in net written premium (NWP) of 73% year-over-year for 2024, along with a focus on capital adequacy and risk distribution, positions Hippo Holdings favorably for continued financial advancement in a stabilizing insurance market.
Bears say
The financial outlook for Hippo Holdings Inc. is concerning due to a projected total gross premiums (TGP) decline of -30% year-over-year in 2024, following a prior -2% decline in 2023 attributed to a nationwide pause on new business operations. Despite a slight anticipated growth of +10% in 2025, the company continues to experience significant EBITDA losses exceeding $200 million over the past two years, driven by a combination of unfavorable weather conditions and inherent weaknesses in underwriting practices. Additionally, ongoing challenges such as high expenses, a lack of operational scale, and uncertainties in the reinsurance market further heighten the risks surrounding Hippo Holdings's financial stability and long-term profitability.
This aggregate rating is based on analysts' research of Hippo Holdings and is not a guaranteed prediction by Public.com or investment advice.
Hippo Holdings (HIPO) Analyst Forecast & Price Prediction
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