Overview
Germany insurance group's preliminary Q1 insurance revenue was EUR 12.1 bln, up 3% currency-adjusted yr/yr
Company confirmed 2026 net income forecast of about EUR 2.7 bln
Outlook
Talanx confirms 2026 full-year net income guidance of about EUR 2.7 bln
Company says guidance assumes large losses stay within budget and stable capital markets
Result Drivers
CURRENCY-ADJUSTED REVENUE GROWTH - Co said insurance revenue rose 3% yr/yr on a currency-adjusted basis
Company press release: ID:nEQ1V8QSka
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Expected Insurance Revenue
EUR 12.10 bln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the multiline insurance & brokers peer group is "buy"
Wall Street's median 12-month price target for Talanx AG is €125.00, about 14.1% above its April 29 closing price of €109.60
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
