Aon’s Strategic Growth Potential and Discounted Valuation Make it a Buy, Says Analyst Adam Klauber

William Blair analyst Adam Klauber has maintained their bullish stance on AON stock, giving a Buy rating on April 11.

Adam Klauber has given his Buy rating due to a combination of factors including Aon’s potential for improved performance in the latter half of the year. Despite a first-quarter earnings miss, which was attributed to unexpected margin contraction and lower-than-expected organic growth, Klauber sees positive underlying trends. These include increased productivity from strategic hires and the annualization of the NFP deal, which are expected to drive growth and margin expansion.
Furthermore, Klauber is optimistic about Aon’s ability to accelerate growth in 2026, as the company plans to utilize its rising free cash flow for share repurchases and strategic acquisitions. The stock is currently trading at a discount to peers, with an above-average potential for EPS growth compounding, making it an attractive investment opportunity in his view.

In another report released on April 11, Barclays also maintained a Buy rating on the stock with a $430.00 price target.