Allstate Corp., US0200021014

Wall Street Zen downgrades Allstate stock as consensus target stays at USD 270.19

Published on 10/27/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Allstate stock costs EUR 230.25 on October 27, 2026, 1.25 percent above its Xetra close. Results are due November 4, 2026.

Analyst views remain divided

Wall Street Zen lowered its Allstate rating on October 25, 2026, while the consensus target stood at USD 270.19.
Second-quarter revenue reached USD 18.60 billion, up 11.80 percent year over year.
Allstate stock trades at EUR 230.25 at 10:40 a.m. CEST at Lang & Schwarz on October 27, 2026, 1.25 percent above the Xetra close of October 23, 2026.

Allstate Corp., US0200021014, Illustration mit AI erstellt.

Wall Street Zen downgraded Allstate from strong buy to buy on October 25, 2026, while the consensus target remained USD 270.19, as reported by MarketBeat. Allstate stock was trading at EUR 230.25 at Lang & Schwarz on October 27, 2026 at 10:40 a.m. CEST, up 1.25 percent versus the Xetra close of October 23, 2026 at EUR 227.40.

Quarterly earnings set the backdrop

Allstate's second-quarter 2026 revenue reached USD 18.60 billion, up 11.80 percent from USD 16.55 billion a year earlier, while net income was USD 3.27 billion versus USD 2.11 billion, according to Business Insider. The figures cover the quarter ended June 30, 2026, and give the rating debate a strong earnings base.

Allstate's reported second-quarter revenue was USD 18.60 billion, compared with the USD 15.46 billion consensus estimate cited by MarketBeat. That USD 3.14 billion gap shows why the insurer's earnings profile remains central to valuation discussions.

Three target changes mark the timeline

On October 1, 2026, Goldman Sachs cut its target from USD 280.00 to USD 250.00. On October 12, 2026, Bank of America raised its target from USD 336.00 to USD 340.00. On October 25, 2026, Wall Street Zen lowered its rating from strong buy to buy while MarketBeat cited a USD 270.19 consensus target; all three developments appear in MarketBeat.

What does the target spread mean?

The cited targets run from USD 221.00 at Barclays to USD 340.00 at Bank of America, a USD 119.00 spread. MarketBeat also listed a Hold consensus, showing that strong second-quarter earnings have not produced a uniform view of future returns.

Results and call dates

Allstate plans to release third-quarter 2026 results on November 4, 2026, after 4:15 p.m. ET, and hold its earnings call on November 5, 2026 at 9:00 a.m. ET, according to the company's newsroom announcement dated October 5, 2026, published by Allstate. The release will provide the next test of the earnings strength reflected in the June quarter.

Price reflects a measured advance

The euro quote is 1.25 percent above the dated Xetra close, placing the stock above its previous German reference level while analyst views remain divided. Allstate's primary listing is on the NYSE, where the stock was quoted at USD 255.95 at the October 26, 2026 close.

The further course of trading is shown by the continuously updated real-time quote of Allstate stock.