Hippo (NYSE:HIPO) Price Target Raised to $37.00

Posted by Brian Himes on Nov 6th, 2026

Hippo (NYSE:HIPO – Free Report) had its price objective upped by Keefe, Bruyette & Woods from $35.00 to $37.00 in a report issued on Tuesday morning,Benzinga reports. They currently have a market perform rating on the stock.

A number of other research firms have also weighed in on HIPO. B. Riley Financial restated a “buy” rating and issued a $50.00 target price (up from $41.50) on shares of Hippo in a report on Friday, October 30th. Wall Street Zen upgraded Hippo from a “hold” rating to a “buy” rating in a report on Saturday, October 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Hippo in a research report on Thursday, October 29th. Finally, Zacks Research cut Hippo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $43.50.

View Our Latest Stock Report on Hippo

Hippo Stock Performance

Shares of HIPO opened at $34.77 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a 50 day moving average price of $33.77 and a two-hundred day moving average price of $29.55. The firm has a market capitalization of $917.68 million, a P/E ratio of 28.74 and a beta of 1.60. Hippo has a 52 week low of $24.08 and a 52 week high of $39.39.

Insider Activity

In other Hippo news, CEO Richard McCathron sold 5,000 shares of Hippo stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $34.18, for a total transaction of $170,900.00. Following the transaction, the chief executive officer owned 562,132 shares of the company’s stock, valued at $19,213,671.76. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Torben Ostergaard sold 1,169 shares of Hippo stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $35.03, for a total transaction of $40,950.07. Following the transaction, the chief executive officer directly owned 60,655 shares in the company, valued at approximately $2,124,744.65. This represents a 1.89% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 17,338 shares of company stock valued at $571,577. Company insiders own 4.48% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in shares of Hippo by 17.8% in the 2nd quarter. BlackRock Inc. now owns 1,498,306 shares of the company’s stock worth $42,342,000 after buying an additional 226,533 shares during the last quarter. AWM Investment Company Inc. bought a new position in Hippo during the second quarter valued at about $2,826,000. Citadel Advisors LLC increased its holdings in Hippo by 90.5% during the second quarter. Citadel Advisors LLC now owns 140,734 shares of the company’s stock worth $3,977,000 after buying an additional 66,863 shares during the last quarter. State Street Corp increased its holdings in Hippo by 9.1% during the second quarter. State Street Corp now owns 443,716 shares of the company’s stock worth $12,539,000 after buying an additional 37,097 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Hippo by 25.4% during the first quarter. Sei Investments Co. now owns 161,440 shares of the company’s stock worth $4,207,000 after buying an additional 32,728 shares during the last quarter. Hedge funds and other institutional investors own 43.01% of the company’s stock.

Key Hippo News

Here are the key news stories impacting Hippo this week:

Positive Sentiment: A Keefe, Bruyette & Woods analyst reportedly expects HIPO shares to rise, providing a supportive analyst view. Hippo Stock Price Expected to Rise
Positive Sentiment: Zacks cited a consensus analyst price target suggesting about 26% upside. It cautioned that price targets have limited predictive value, while improving earnings-estimate revisions could be a more meaningful near-term positive. Zacks Analyst Price Target and Earnings Revisions
Neutral Sentiment: Stories about an anthrax outbreak affecting wild hippos, animal encounters, and hippos in entertainment are unrelated to Hippo Holdings’ insurance business and do not provide a direct catalyst for HIPO. Anthrax Outbreak Story

Hippo Company Profile

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Hippo Holdings Inc is a technology-focused insurance company that provides home insurance and related services to homeowners in the United States. Operating under the Hippo brand, the company uses digital tools, data analytics and a streamlined online experience to help customers obtain coverage, manage policies and receive support.

Hippo’s offerings are designed to protect residential properties and personal belongings against covered risks, while also emphasizing proactive home protection.