Everest Group (EG) stock price analysis & forecast
7/22/2025 04:29pm
**Everest Group (EG) is showing mixed signals in its stock price analysis**, with a neutral to positive outlook based on the following points:
1. **Current Stock Price and Recent Performance**:
- The closing price for Everest Group (EG) on July 21, 2025, was $329.97.
- The stock has experienced some institutional activity, with Truist Financial Corp raising its stake in the first quarter, and other institutional entities adding positions.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|EG|EG.N|Everest Group|20250721|320.0000|359.9200|169|
2. **Technical Indicators**:
- The stock is currently trading below its 5-day, 10-day, and 20-day moving averages of $331.84, $336.17, and $337.16, respectively.
- The RSI is at 33.68, indicating a slight oversold condition.
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|EG|EG.N|Everest Group|20250721|331.8440|169|
|code|Ticker|Name|Date|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|
|EG|EG.N|Everest Group|20250721|33.6773|1.3446|-1.1736|169|
3. **Analyst Sentiment and Price Targets**:
- The average of current price targets set by analysts for Everest Group is $381.5, with a consensus rating of "Neutral".
- Wells Fargo has raised the price target to $362.00, reflecting a cautious optimism about the company's performance and market outlook.
- However, UBS has lowered its target to $370.00, which suggests a more neutral stance.
- The overall analyst consensus suggests a potential upside from the current price, but with a neutral to positive outlook.
4. **Institutional Activity and Market Position**:
- Institutional investors have shown interest in Everest Group, with several adding positions or increasing their stakes in the company.
- The company remains listed under the NYSE Composite index, which could provide a stable market context for its stock performance.
5. **Recent News and Developments**:
- The company has drawn attention within institutional circles, with an uptick in share accumulation during the most recent reporting period.
- The insurance and reinsurance sector in which Everest Group operates continues to see steady interest from investors.
In conclusion, Everest Group's (EG) technical indicators suggest a neutral to slightly oversold condition, while analyst sentiment is mixed with a few positive adjustments in price targets. The institutional activity indicates interest from investors, which could be a sign of potential growth. However, the recent decline in net income and revenue growth rates may pose a concern for some investors. Overall, the outlook for Everest Group is neutral to positive, with potential for growth from the current price, but with caution advised due to the recent earnings miss and sector-specific challenges.