Added to YB: 2026-10-14
Pitch date: 2026-10-10
HIPO [bullish]
Hippo Holdings Inc.
+0.91%
current return
Author Info
No bio for this author
Company Info
Hippo Holdings Inc., together with its subsidiaries, provides property and casualty insurance products to individuals and business customers primarily in the United States.
Market Cap
$896.4M
Pitch Price
$34.04
Price Target
75.00 (+118%)
Dividend
N/A
EV/EBITDA
19.28
P/E
7.47
EV/Sales
1.39
Sector
Insurance
Category
growth
Hippo Holdings ($HIPO): The Insurtech That Stopped Chasing Hype and Started Making Money
HIPO: Hippo has transformed from a cash-burning homeowners insurtech into a profitable insurance platform spanning retained underwriting and capital-light fronting fees. Q2 2026 GWP rose 61%, the combined ratio improved to 95.8%, and profitability extended to five quarters. At $33.50, a conservative $3.15 of 2029 EPS at 24x supports a ~$75 three-year target, though catastrophe losses, softer pricing, partner concentration and the required rerating remain key risks.
Read full article (9 min)