Brown & Brown Inc. has been downgraded to 'Market Perform' by BMO Capital, lowering its target price to $88 despite the company posting impressive revenue of $1.61 billion for Q3 CY2025, a 35.4% increase year-on-year. The firm exceeded analysts' expectations with a non-GAAP profit of $1.05 per share, beating estimates by 12.9%. Nonetheless, the stock has fallen about 8.1% since the earnings announcement and is down roughly 20.5% year-to-date, raising concerns over its valuation amidst high price-to-earnings ratios compared to its fundamentals.
“Brown & Brown Inc. · was cut to · Market Perform · from Outperform”
“Brown & Brown · was downgraded to · Market Perform · $88”
“Brown & Brown Inc. · was cut to Market Perform from Outperform · at BMO Capital · target price to $88 from $90”
“Brown & Brown · reported revenues of · 1.61 billion · up 35.4% year on year”
“Brown & Brown · outperformed analysts’ expectations by · 3.9%”
“Brown & Brown, Inc. BRO · needs to pay close attention to · the stock based on moves in the options market · true”
“Brown & Brown, Inc. (BRO) · is valued at a market cap of · $27.3 billion · 27.3 billion”
“Brown & Brown, Inc. (BRO) · is headquartered in · Daytona Beach, Florida · Daytona Beach, Florida”
“Brown & Brown, Inc. (BRO) · is expected to announce its fiscal Q4 earnings for · 2025 · 2025”
“Brown & Brown · is down about · 1.2% · over the last week”
“Brown & Brown · has slipped roughly · 20.5% · year to date”
“Brown & Brown · has a gain of · 42.2% · over three years”