Palomar Holdings, Inc. (PLMR) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$113.57
Price Target
$110.25
Target Range
$88.00 — $134.00
Analyst Rating
Buy
Forward P/E11.9x
Trailing P/E15.8x
Forward PEG0.12
Implied Growth+32.6%
Median Target$109.50
Analyst Spread41.7%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$88
-22.5%
Consensus
$110
-2.9%
Bull Case
$134
+18.0%
Valuation Model TargetsConfidence: 74/100
Bear$34
Base$231
Bull$231
PLMR Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Palomar Holdings, Inc. (PLMR) has a Wall Street consensus price target of $110.25, based on estimates from 11 covering analysts. With the stock currently trading at $113.57, this represents a potential downside of -2.9%. The company has a market capitalization of $3.01B.
Analyst price targets range from a low of $88.00 to a high of $134.00, representing a 42% spread in expectations. The median target of $109.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 9 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, PLMR trades at a trailing P/E of 15.8x and forward P/E of 11.9x. The forward PEG ratio of 0.12 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +32.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $230.67, with bear and bull scenarios of $34.12 and $230.86 respectively. Model confidence stands at 74/100, indicating high predictability in the company's fundamentals.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+18.0%
Avg Forward P/E10.2x
Peers with Coverage8 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 KNSLKinsale Capital Group, Inc. | $7.2B | $308.83 | $433.00 | +40.2% | Hold | 15.0x | 13 |
 SKWDSkyward Specialty Insurance Group, Inc. | $2.0B | $45.51 | $70.60 | +55.1% | Buy | 9.4x | 11 |
 ACGLArch Capital Group Ltd. | $33.7B | $94.52 | $104.00 | +10.0% | Buy | 10.1x | 34 |
 RLIRLI Corp. | $4.6B | $49.62 | $56.33 | +13.5% | Hold | 17.9x | 12 |
 HCIHCI Group, Inc. | $2.0B | $152.87 | $126.50 | -17.3% | Buy | 9.2x | 14 |
 UPCUniverse Pharmaceuticals Inc. | $2M | $3.00 | — | — | — | — | — |
 HRTGHeritage Insurance Holdings, Inc. | $861M | $28.03 | $39.00 | +39.1% | Buy | 6.1x | 9 |
 NODKNI Holdings, Inc. | $267M | $12.92 | — | — | — | — | — |
 RNRRenaissanceRe Holdings Ltd. | $13.0B | $300.76 | $308.33 | +2.5% | Hold | 7.7x | 28 |
 EGEverest Re Group, Ltd. | $14.2B | $351.64 | $354.00 | +0.7% | Hold | 6.7x | 22 |
Upside Potential Comparison
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Start ComparisonPLMR — Frequently Asked Questions
Quick answers to the most common questions about buying PLMR stock.
What is the PLMR stock price target for 2026?
Wall Street's consensus price target for PLMR is $110.25, -2.9% from its current price of $113.57. The below-market target from 11 analysts suggests limited near-term appreciation.
Is PLMR a buy, sell, or hold?
PLMR has a consensus rating of "Buy" based on 11 Wall Street analysts. The rating breakdown is predominantly bullish, with 9 Buy/Strong Buy ratings. The consensus 12-month price target of $110.25 implies -2.9% downside from current levels.
Is PLMR stock overvalued or undervalued?
With a forward P/E of 11.8739x, PLMR trades at a relatively low valuation. The consensus target of $110.25 implies -2.9% move, suggesting the market may be pricing in risks.
How high can PLMR stock go?
The most bullish Wall Street analyst has a price target of $134 for PLMR, while the most conservative target is $88. The consensus of $110.25 represents the median expectation. Our quantitative valuation model projects a bull case target of $231 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover PLMR stock?
PLMR is moderately covered, with 11 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PLMR stock forecast?
The 12-month PLMR stock forecast based on 11 Wall Street analysts shows a consensus price target of $110.25, with estimates ranging from $88 (bear case) to $134 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $231, with bear/bull scenarios of $34/$231.
What is PLMR's fair value based on fundamentals?
Our quantitative valuation model calculates PLMR's fair value at $231 (base case), with a bear case of $34 and bull case of $231. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 74/100.
What is PLMR's forward P/E ratio?
PLMR trades at a forward P/E ratio of 11.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PLMR stock?
Analysts are cautious on PLMR, with 0 Sell ratings and a price target of $110.25 (-2.9% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do PLMR price targets vary so much?
PLMR analyst price targets range from $88 to $134, a 42% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $110.25 consensus represents the middle ground. Our model's $34-$231 range provides an independent fundamental perspective.