Professional
Added to YB: 2025-12-30
Pitch date: 2025-11-22
ARX [bullish]
Accelerant Holdings
+26.38%
current return
Author Info
Cedar Street Research delivers unique insights by leveraging an unconventional approach to financial analysis, combining the power of historical trends with bespoke data in order to uncover deep, actionable predictions about the future. We specialize in insurance companies, but extend our services to banks and specialty finance firms as well. Sign up for the newsletter.
Company Info
Accelerant Holdings, together with its subsidiaries, operate a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners.
Market Cap
$3.7B
Pitch Price
$13.00
Price Target
20.00
Dividend
N/A
EV/EBITDA
24.33
P/E
-0.14
EV/Sales
2.80
Sector
Insurance
Category
value
Accelerant Holdings: A Virtuous Flywheel
ARX: Hybrid fronting co trading 5x TEV/EBITDA vs peers at 10-17x despite 77% CAGR 2020-Q3'25, $3.9B premium written at 53% loss ratios. 265 MGA members, 92 risk partners on exchange. 95% policies <$10k premium in resilient SMB market. $20 price target (+54% upside, 12mo) vs analyst targets $26-34.
Read full article (7 min)