Orion180 Insurance Group

OIG · NASDAQ

$9.45−$0.39 (−3.96%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $9.84

OIG analyst rating

BuyConsensus of 6 analysts over the last 12 months. 83% rate it a buy.

Strong buy0
Buy5
Hold1
Underperform0
Sell0

12-month price target · 2 analysts

Average $1.02 (−89.2% downside)

Low: $1.01
Now: $9.45
High: $1.05

Upgrades and downgrades

The latest rating actions, newest first

OIG analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
UBS	Oct 13, 2026	Initiates	Buy	$14.00	—
Deutsche Bank	Oct 13, 2026	Initiates	Buy	$12.90	50%
RBC Capital	Oct 13, 2026	Initiates	Outperform	$15.00	44%
Citizens	Oct 13, 2026	Initiates	Market Outperform	$20.00	72%
Raymond James	Oct 13, 2026	Initiates	Market Perform	—	71%
Goldman Sachs	Oct 13, 2026	Initiates	Buy	$13.00	55%

The case for and against

Updated Oct 15, 2026

Bull case

Orion180 Insurance Gr is attractive because it participates in a $190 bln U.S. homeowners market that has grown from $110 bln in 2020, while the E&S segment has expanded from $1 bln to $4 bln since 2020 as admitted carriers retreat from catastrophe-exposed regions. Its founder-led, technology-driven platform, built around MY180 and the in-house CITON claims operation, supports rapid quoting, customized pricing, and strong customer outcomes, with average claims close time of 21 days versus the 32-day industry standard. Fundamentally, the company combines capital-light underwriting with blue-chip reinsurance, a five-year average loss ratio of 37%, and projected 2026 revenue of $170 mln and EBITDA of $70 mln, pointing to durable growth and margin expansion.

Bear case

Orion180 Insurance Gr is vulnerable because its capital-light model depends heavily on reinsurance capacity, ceding commissions, and favorable loss ratios, so any hardening in the global reinsurance market or deterioration in underwriting performance could quickly compress margins and restrict growth. Its extensive use of the non-admitted surplus lines market also creates regulatory risk, since states could curb E&S flexibility and force slower, more rigid rate and form approvals just as catastrophe-prone homeowners exposure needs rapid repricing. The stock is further burdened by key-person concentration under founder and CEO Ken Gregg’s 90%+ supervoting control and by IPO execution risk, especially if early quarters fail to meet expectations in a competitive market where investors may discount the shares for an extended period.

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.