Weekly Recap: Hippo Q3 growth and Buy rating retained, target raised
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Hippo Holdings Inc (NYSE:HIPO) reported Q3 revenue up 29.4% and gross written premium up 60%, raised 2026 guidance and plans to shift toward less catastrophe-exposed commercial and casualty coverage. B. Riley Securities maintained Buy and lifted its price target to $50.
Previous Week Recap
- Q3 Revenue And Premium Growth: Hippo Holdings’ Q3 2026 revenue rose 29.4% to $156 million; gross written premium grew 60% to $498.1 million. Adjusted EPS was $0.74, and Hippo raised 2026 revenue and premium guidance. 3 Quellen
- B. Riley Raises Price Target: B. Riley Securities maintained its Buy rating on Hippo Holdings Inc (HIPO) and raised its price target to $50 from $41.50. TradingView
- Expands Commercial Insurance Coverage: Hippo Holdings (HIPO) plans to grow Commercial Multi-Peril and Casualty coverage, which it says is less exposed to catastrophes, while gradually reducing homeowners insurance. TradingView
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