William Blair analyst Adam Klauber has maintained their bullish stance on ARX stock, giving a Buy rating today.
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Adam Klauber has given his Buy rating due to a combination of factors including Accelerant Holdings Class A’s strong third-quarter performance and promising future outlook. The company showed consistent results with a significant year-over-year increase in exchange premium and revenue, and its adjusted EBITDA surpassed expectations, indicating effective cost management and operational efficiency.
Looking ahead, the company’s strategy to diversify its capital partners and increase its third-party exchange written premium mix is expected to reduce concentration risks and drive growth. Despite a slight adjustment in the 2026 EBITDA estimate, the stock is considered attractive due to its potential for 20% earnings compounding and its valuation at a discount compared to peers.
According to TipRanks, Klauber is a 2-star analyst with an average return of 1.2% and a 41.94% success rate. Klauber covers the Financial sector, focusing on stocks such as Progressive, Baldwin Insurance Group, and Accelerant Holdings Class A.
In another report released today, Piper Sandler also maintained a Buy rating on the stock with a $18.00 price target.