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Hagerty Inc Class A ( (HGTY) ) just unveiled an update.
Hagerty Inc., a leading specialty insurer for classic and collectible vehicles and operator of automotive events and auctions, reported that insurance remains its core growth engine, with 1.8 million policies in force and industry-leading 89% member retention. The company targets 3 million policies by 2030, supported by a large and expanding addressable market and a strategy that integrates insurance, events, and auctions.
In a stockholder letter dated Q1 2026, Hagerty highlighted more than 18% written premium growth in the quarter, driven by record new business across all channels and supported by a move to a 100% quota-share model that is expected to enhance underwriting and investment income economics. Management said the company is on track to grow written premiums by 15–16% in 2026, while leveraging deep partnerships with major auto insurers and 50,000 agencies, and using high-profile events like The Amelia Concours and Broad Arrow’s record $111 million auction at Amelia Car Week in March 2026 to feed its funnel and reinforce its brand.
Hagerty also emphasized that its investor relations website is a key channel for disclosing material information and noted that, as of May 6, 2026, it has posted an updated investor presentation intended for use in future meetings with investors and other stakeholders. The company framed its momentum heading into the summer driving season as evidence of sustained profit growth potential through 2030, underpinned by technology investments, expanded underwriting to newer vehicles, and growing trust among members, partners, and auction clients.
The most recent analyst rating on (HGTY) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Hagerty Inc Class A stock, see the HGTY Stock Forecast page.
Spark’s Take on HGTY Stock
According to Spark, TipRanks’ AI Analyst, HGTY is a Outperform.
The score is driven primarily by strong 2025 financial performance (improving margins, strong cash generation, and a much stronger balance sheet with zero debt). Offsetting this, technicals remain weak with the stock below key long-term moving averages and negative MACD. Earnings-call guidance is constructive on underlying growth and adjusted EBITDA, but near-term GAAP results are expected to look worse due to transition-related accounting impacts, and valuation (P/E ~25.9 with no dividend) is only moderately supportive.
To see Spark’s full report on HGTY stock, click here.
More about Hagerty Inc Class A
Hagerty Inc. is a specialty insurer focused on classic and collectible cars, offering agreed-value coverage and automotive expertise to enthusiasts from Model Ts to modern hypercars. The company serves a growing niche market, with an estimated 36 million eligible vehicles in the U.S., and also operates Broad Arrow, a rapidly expanding automotive auction house that supports its broader automotive lifestyle ecosystem.
Average Trading Volume: 157,058
Technical Sentiment Signal: Sell
Current Market Cap: $3.45B
For detailed information about HGTY stock, go to TipRanks’ Stock Analysis page.