风险回报更新

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M

Update

July 31, 2026 03:33 PM GMT

Morgan Stanley & Co. LLC

Everest Group Ltd. | North America

Bob Jian Huang

Equity Analyst

Risk Reward Update

Everest Group Ltd. (EG.N, EG UN)

What’s Changed

Insurance - Property & Casualty | Bermuda

Everest Group Ltd. (EG.N)

From

To

Price Target

$360.00

$375.00

Bull Case

$444.00

$464.00

Base Case

$360.00

$375.00

Bear Case

$189.00

$205.00

Updated Components

EPS

Bull Base Bear Scenarios

Risk Reward for Everest Group Ltd. (EG.N) has been updated

Stock Rating

Industry View

Price target

Shr price, close (Jul 30, 2026)

52-Week Range

Equal-weight

Attractive

$375.00

$375.36

$401.07-302.46

Fiscal Year Ending

12/25 12/26e 12/27e 12/28e

EPS ($)**

Prior EPS ($)**

44.54

53.24

51.78

63.84

63.88

74.09

73.04

Unless otherwise noted, all metrics are based on Morgan Stanley ModelWare

framework

** = Based on consensus methodology

e = Morgan Stanley Research estimates

Reason for change

Based on latest 2Q26 results and management commentary from the earnings call,

we update our model by adjusting our 2026e/2027e EPS by ~3%/flat to

$53.24/63.84. We raise buyback forecasts for 2026e/2027e and slightly lower

overall premium growth estimates (~(4)% for 2026e/2027e). We also adjust out PT

to $375/share, as we mark our peer multiples to market.

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