Wells Fargo Rates Neptune Insurance (NP) buy, $35 Price Target

Wells Fargo reaffirms its buy rating on NP, setting a $35 target, a 14.83% upside from the current price.

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Wells Fargo rated Neptune Insurance Holdings Inc. ($NP) "buy" with a $35 price target on June 30, 2026.

Since the rating, $NP is up 7.3% after 1 week, up 0.5% after 1 month and down 6.8% to date (from the $31.50 close on Jun 30, 2026).

NP Neptune Insurance Holdings Inc.
$29.36 +5.65% year to date
Daily close · Oct 16, 2026

Key Points

  • Wells Fargo, through analyst Elyse Greenspan, reiterated a buy rating for NP with a price target of $35 on June 30, 2026.
  • Wells Fargo's $35 price target implies 14.83% upside from Neptune Insurance Holdings Inc.'s ($NP) current $30.48 share price.
  • NP shares traded around $30.48 on Tuesday, with other firms like Morgan Stanley maintaining a hold rating.
  • Ameriprise Financial increased its NP holdings by 228,078 shares, while Cohen & Steers exited its position.

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On June 30, 2026, Wells Fargo analyst Elyse Greenspan reiterated a buy rating on NP, setting a price target of $35. This move comes as NP shares were trading around $30.48 on Tuesday.

Analyst rating track record

Wells Fargo vs. the S&P 500

YTD return -12.25% hypothetical
All-time return +10.48% S&P 500 +34.84%
vs. S&P 500 -24.36% behind the index

Hypothetical returns from Wells Fargo's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in NP

Ameriprise Financial Inc increased its holdings in NP by 228,078 shares, bringing its total to 965,340 shares, valued at approximately $23.35 million. In contrast, Cohen & Steers, Inc. decided to exit its position, selling off 10,000 shares.

Analysts Set New Price Targets

On June 30, 2026, Wells Fargo initiated a buy rating on NP with a $35 price target. Earlier, on May 21, 2026, Morgan Stanley maintained a hold rating with a $29 target. Evercore ISI Group also maintained its buy rating, setting a $35 target on May 8, 2026. Keefe, Bruyette & Woods previously held a buy rating with a $32 target on April 23, 2026.

Bottom Line

Wells Fargo's reaffirmation of a buy rating on NP with a $35 target highlights confidence in the stock's potential. With shares trading near $30.48, investors will closely watch how these analyst insights influence market sentiment. Institutional moves, like those by Ameriprise Financial and Cohen & Steers, also provide a glimpse into broader market perspectives.

12-month forecast

$NP price target

Neptune Insurance Holdings Inc. daily closes and this analyst's $35 target. Not advice.

Source: Wells Fargo's rating change on $NP (Jun 30, 2026). Written by software, not financial advice. How we make alerts

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