J.P.Morgan downgrades Ethos Technologies to 'neutral'; shares slip

Ethos Technologies

01/10/2026 13:31

** Shares of life insurance firm Ethos Technologies LIFE.O dip 1.5% to $33 in premarket trading
** J.P.Morgan cuts stock rating to "neutral" from "buy"
** Says "risk-reward seems more balanced after the stock's strong run and relative valuation compared to the other brokers has become less attractive, especially considering LIFE's lower cash flow conversion"
** Eight of 9 brokerages rate the stock "buy" or higher, 1 "hold" ; their median PT is $35 - LSEG-compiled data
** Up to last close, shares have gained more than 70% since  debut in late January this year

 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))