William Blair analyst Adam Klauber has maintained their bullish stance on PLMR stock, giving a Buy rating on February 9.
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Adam Klauber has given his Buy rating due to a combination of factors tied to Palomar’s strong recent performance and outlook. The company exceeded fourth-quarter EPS expectations, driven by a better-than-anticipated loss ratio, disciplined expense management, and slightly higher net investment income, leading to robust adjusted earnings and premium growth across several key business lines.
Klauber also highlights that management’s 2026 adjusted net income guidance is meaningfully above current consensus, and he believes this outlook is likely conservative. Despite a shift toward businesses with inherently higher loss ratios, Palomar is still delivering more than 20% growth in both revenue and earnings, which he expects to persist into 2026 and supports a favorable risk-reward profile for the stock.
In another report released on February 9, Evercore ISI also resumed coverage with a Buy rating on the stock with a $150.00 price target.