William Blair analyst Adam Klauber has maintained their bullish stance on SKWD stock, giving a Buy rating yesterday.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Adam Klauber has given his Buy rating due to a combination of factors, including Skyward’s strong earnings beat in the latest quarter driven by better-than-expected prior-year development and limited catastrophe losses. He also points to the company’s above-industry premium growth, supported by less traditional lines such as surety, accident and health, agricultural/credit, and specialty programs, which are less exposed to the current slowdown in traditional P&C markets.
In addition, Klauber highlights the durability of underwriting results, expecting the combined ratio to remain in the low-90s even after the Apollo acquisition, reflecting a well-diversified portfolio. He views the shares as attractively valued at roughly 9 times his 2026 EPS forecast versus specialty peers trading in the high-teens to mid-20s multiples, and he anticipates mid- to high-teens growth in both revenue and earnings over several years, with continued earnings surprises serving as a further catalyst for the stock.
In another report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $65.00 price target.