Wells Fargo raises Chubb price target to $366, maintains Equal-Weight
Chubb Ltd reported Q2 adjusted EPS of $7.66, beating estimates by 12.48%, but missed revenue expectations with $13.183B. Wells Fargo raised its price target to $366, maintaining Equal-Weight. Cantor Fitzgerald kept a Neutral rating with a $333 target. Revenue grew 1.93% YoY, while underwriting income reached a record $5.8B.
How this was made

The 30-second read
Why it matters
The earnings beat and higher target may drive short-term buying pressure, but revenue miss could limit upside.
Market read
Earnings surprise and analyst upgrade provide a modest trading catalyst for CB.
What to watch
Potential headwinds from underpricing in North America Commercial lines may affect future earnings.
Background
Chubb reported Q2 2026 adjusted EPS of $7.66 beating estimates, while revenue fell short. Analysts responded with a target raise.
Ticker impact
Wells Fargo raised Chubb's price target to $366 after the company reported a Q2 earnings beat on adjusted EPS.
likely upward pressure as investors price in the higher target.
Target increase from $343 to $366 reflects confidence in earnings beat and strong investment income.
Market effects
Positive for the property & casualty insurance sector as earnings beat may lift peers.
U.S. insurers could see modest buying interest.
Limited to insurance and financial services investors.
Counterpoint
Revenue miss and slower premium growth could temper the upside despite the target raise.
Key entities
- CompanyChubb Ltd
U.S.-listed property & casualty insurer.
- AnalystWells Fargo
Raised price target for Chubb.


