Chubb

CB · NYSE

$357.75+$1.48 (+0.42%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $356.27

CB analyst rating

HoldConsensus of 20 analysts over the last 12 months. 35% rate it a buy.

Strong buy1
Buy6
Hold12
Underperform1
Sell0

12-month price target · 28 analysts

Average $361.44 (+1.0% upside)

Low: $128.69
Now: $357.75
High: $446.25

Upgrades and downgrades

The latest rating actions, newest first

CB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wells Fargo	Oct 12, 2026	Maintains	Equal-Weight	$356.00 → $343.00	60%
Keefe, Bruyette & Woods	Oct 12, 2026	Maintains	Outperform	$389.00 → $387.00	68%
JP Morgan	Oct 9, 2026	Maintains	Neutral	$374.00 → $371.00	81%
Mizuho	Oct 7, 2026	Maintains	Neutral	$347.00 → $336.00	58%
Cantor Fitzgerald	Oct 7, 2026	Maintains	Neutral	$330.00 → $333.00	62%
Morgan Stanley	Oct 6, 2026	Maintains	Equal-Weight	$360.00 → $350.00	49%
Mizuho	Sep 16, 2026	Maintains	Neutral	$352.00 → $347.00	58%
Morgan Stanley	Aug 19, 2026	Maintains	Equal-Weight	$340.00 → $360.00	49%
Wells Fargo	Jul 23, 2026	Maintains	Equal-Weight	$358.00 → $356.00	60%
Citizens	Jul 22, 2026	Maintains	Market Outperform	$400.00	72%

The case for and against

Updated Oct 7, 2026

Bull case

Chubb is favored because its scale, diversification, and disciplined underwriting create an “all-weather” profile that can compound earnings through different market cycles. Its broader-than-peers exposure to Asia, Latin America, and other global markets, reinforced by actions such as the Thailand and Vietnam acquisition, the Cigna Asia-Pacific deal, and a 85.5% stake in Huatai Insurance Group as of March 2024, should support faster long-term growth than more developed markets. Recent results also show resilience, with 2Q26 operating EPS of $7.26, an 82% combined ratio, about $1 billion of quarterly buybacks, and continued expectations for double-digit growth in EPS and tangible book value.

Bear case

Chubb is facing a negative outlook because inflation can erode the value of invested assets and reserves, while adverse loss-reserve development and large catastrophe losses remain persistent earnings risks. Although the overall accident year ex-cat combined ratio improved to 82% versus an 84% estimate and several segments beat expectations, North America Commercial missed and management described property and financial lines as “soft or softening,” with pricing retreating in certain spots. Growth also appears to be slowing, as Global P&C growth decelerated to +4% from +5-6% in recent quarters and large account property premiums declined 55%, reflecting weaker underwriting opportunity and deliberate exposure reduction.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.