Slide Insurance Holdings, Inc. (SLDE)

Q: What's priced into Slide Insurance Holdings, Inc. (SLDE) stock?

The valuation is described as cheap, though SLDE still carries a 1.63-times premium versus peers, with a durable premium identified as the main valuation driver. The priced-in assessment is tagged as justified, but confidence in that assessment is low; valuation also fell by 12.9 points recently.

Q: What does the Slide Insurance Holdings, Inc. (SLDE) outlook hinge on?

The multi-year thesis depends on SLDE sustaining growth and meeting its 2026 premium and net income goals. A guidance cut would be a meaningful negative, while strong earnings and higher guidance from sector peers CB, PGR, and TRV could support sector momentum; rate cuts are another sector risk.

NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-10-23

$28.55+2.88%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge Slide Insurance Holdings, Inc.’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	440.93M
EPS	—	1.087
Annual ending 2026-12-31
Revenue	—	1.67B
EPS	—	3.992
Annual ending 2027-12-31
Revenue	—	1.74B
EPS	—	3.643

Management figures unavailable.

What the Thesis Depends On

4 published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain competitive position amid Florida market challenges	A supporting condition in Slide Insurance Holdings, Inc.'s published investment case. The stated target is No material loss of market share in Florida.	Intact	Significant market share loss or worsening competitive conditions in Florida	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Achieve $455M to $470M net income in 2026	Net income targets $455M-$470M, showing profit strength.	Intact	Net income falls below $455M in FY26	Net income: $134.85M FY2026-Q2; GAAP. Published target: >= $455M and <= $470M net income. Target period is not explicitly aligned with this observation. Source published Jul 30, 2026134,850,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 26f62c9a-851b-41cb-80a2-d98c9cde5bd2. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 2 of last 2 quarters. Net income grew 50.8% year-over-year to $139.5 million in 2026-Q1 and 92.4% year-over-year to $134.9 million in 2026-Q2. Management reiterated the full-year 2026 net income guidance range of $455 million to $470 million in both quarters, indicating progress toward profitability targets with a positive trajectory. Delivery assessment Oct 24, 2026
Achieve $1.85B to $1.95B gross written premiums in 2026	A primary condition in Slide Insurance Holdings, Inc.'s published investment case. The stated target is >= $1.85B and <= $1.95B in gross written premiums.	Intact	Gross written premiums fall below $1.85B or exceed $1.95B in FY26	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 2 of last 2 quarters. Gross premiums written grew 49.1% year-over-year to $414.8 million in 2026-Q1 and 16.7% year-over-year to $508.0 million in 2026-Q2. Management reiterated the full-year 2026 guidance range of $1.85 billion to $1.95 billion gross written premiums in both quarters, showing delivery on growth with a positive trajectory. Delivery assessment Oct 24, 2026
Implement $100M share buyback program	A supporting condition in Slide Insurance Holdings, Inc.'s published investment case. The stated target is Complete $100M buyback program.	Intact	Buyback program is canceled or materially delayed	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 2 of last 2 quarters. The company repurchased 7.7 million shares in 2026-Q1 and 3.0 million shares in 2026-Q2 at average prices near $17.75-$17.95, with $114.1 million remaining authorized as of 2026-Q2. Management is actively delivering on the share buyback program with ongoing execution. Delivery assessment Oct 24, 2026

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPSUnavailable

$3.52 → Unavailable · observed estimates

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$3.52	Unavailable	5 / 2
2026-07-25	$3.52	Unavailable	5 / 2
2026-07-26	$3.52	Unavailable	5 / 2
2026-07-27	$3.52	Unavailable	5 / 2
2026-07-28	$3.52	Unavailable	5 / 2
2026-07-29	$3.55	Unavailable	5 / 2
2026-07-30	$3.55	Unavailable	5 / 2
2026-07-31	$3.64	Unavailable	5 / 2
2026-08-01	Unavailable	Unavailable	3 / 2
2026-08-02	$3.69	Unavailable	5 / 2
2026-08-03	Unavailable	Unavailable	3 / 2
2026-08-04	Unavailable	Unavailable	3 / 2
2026-08-05	Unavailable	Unavailable	3 / 2
2026-08-06	Unavailable	Unavailable	3 / 2
2026-08-08	$3.69	Unavailable	5 / 3
2026-08-09	$3.69	Unavailable	5 / 3
2026-08-10	$3.69	Unavailable	5 / 3
2026-08-12	Unavailable	Unavailable	3 / 2
2026-08-13	Unavailable	Unavailable	3 / 2
2026-08-14	Unavailable	Unavailable	3 / 2
2026-08-15	Unavailable	Unavailable	3 / 2
2026-08-16	Unavailable	Unavailable	3 / 2
2026-08-17	Unavailable	Unavailable	3 / 2
2026-08-18	Unavailable	Unavailable	3 / 2
2026-08-19	Unavailable	Unavailable	3 / 2
2026-08-20	Unavailable	Unavailable	3 / 2
2026-08-21	Unavailable	Unavailable	3 / 2
2026-08-22	Unavailable	Unavailable	3 / 2
2026-08-23	Unavailable	Unavailable	3 / 2
2026-08-24	Unavailable	Unavailable	3 / 2
2026-08-25	Unavailable	Unavailable	3 / 2
2026-08-26	Unavailable	Unavailable	3 / 2
2026-08-27	Unavailable	Unavailable	3 / 2
2026-08-28	Unavailable	Unavailable	3 / 2
2026-08-29	Unavailable	Unavailable	3 / 2
2026-08-30	Unavailable	Unavailable	3 / 2
2026-08-31	Unavailable	Unavailable	3 / 2
2026-09-01	Unavailable	Unavailable	3 / 2
2026-09-02	Unavailable	Unavailable	3 / 2
2026-09-03	Unavailable	Unavailable	3 / 2
2026-09-04	Unavailable	Unavailable	3 / 2
2026-09-05	Unavailable	Unavailable	3 / 2
2026-09-06	Unavailable	Unavailable	3 / 2
2026-09-07	Unavailable	Unavailable	3 / 2
2026-09-08	Unavailable	Unavailable	3 / 2
2026-09-09	Unavailable	Unavailable	3 / 2
2026-09-10	Unavailable	Unavailable	3 / 2
2026-09-11	Unavailable	Unavailable	3 / 2
2026-09-12	Unavailable	Unavailable	3 / 2
2026-09-13	Unavailable	Unavailable	3 / 2
2026-09-14	Unavailable	Unavailable	3 / 2
2026-09-15	Unavailable	Unavailable	3 / 2
2026-09-16	Unavailable	Unavailable	3 / 2
2026-09-17	Unavailable	Unavailable	3 / 2
2026-09-18	Unavailable	Unavailable	3 / 2
2026-09-19	Unavailable	Unavailable	3 / 2
2026-09-20	Unavailable	Unavailable	3 / 2
2026-09-21	Unavailable	Unavailable	3 / 2
2026-09-22	Unavailable	Unavailable	3 / 2
2026-09-23	Unavailable	Unavailable	3 / 2
2026-09-24	Unavailable	Unavailable	3 / 2
2026-09-25	Unavailable	Unavailable	3 / 2
2026-09-26	Unavailable	Unavailable	3 / 2
2026-09-27	Unavailable	Unavailable	3 / 2
2026-09-28	Unavailable	Unavailable	3 / 2
2026-09-29	Unavailable	Unavailable	3 / 2
2026-09-30	Unavailable	Unavailable	3 / 2
2026-10-01	Unavailable	Unavailable	3 / 2
2026-10-02	Unavailable	Unavailable	3 / 2
2026-10-03	Unavailable	Unavailable	3 / 2
2026-10-04	Unavailable	Unavailable	3 / 2
2026-10-05	Unavailable	Unavailable	3 / 2
2026-10-06	Unavailable	Unavailable	3 / 2
2026-10-07	Unavailable	Unavailable	3 / 2
2026-10-08	Unavailable	Unavailable	3 / 2
2026-10-09	Unavailable	Unavailable	3 / 2
2026-10-10	Unavailable	Unavailable	3 / 2
2026-10-11	Unavailable	Unavailable	3 / 2
2026-10-12	Unavailable	Unavailable	3 / 2
2026-10-13	Unavailable	Unavailable	3 / 2
2026-10-14	Unavailable	Unavailable	3 / 2
2026-10-15	Unavailable	Unavailable	3 / 2
2026-10-16	Unavailable	Unavailable	3 / 2
2026-10-17	Unavailable	Unavailable	3 / 2
2026-10-18	Unavailable	Unavailable	3 / 2
2026-10-19	Unavailable	Unavailable	3 / 2
2026-10-20	Unavailable	Unavailable	3 / 2
2026-10-21	Unavailable	Unavailable	3 / 2
2026-10-22	Unavailable	Unavailable	3 / 2
2026-10-23	Unavailable	Unavailable	3 / 2
2026-10-24	Unavailable	Unavailable	3 / 2

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	5	0
2026-06-01	5	0
2026-07-01	5	1
2026-08-01	4	1
2026-09-01	4	1
2026-10-01	4	1

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 4 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades1 maintains

Recent actions · Sep 25–Oct 24 · 1 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain competitive position amid Florida market challengesDirect metric needs a verified mapping
Achieve $455M to $470M net income in 2026Net income: $134.85M
Achieve $1.85B to $1.95B gross written premiums in 2026Direct metric needs a verified mapping
Implement $100M share buyback programDirect metric needs a verified mapping

Next proof point

Oct 27, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.8%Typical daily move · historical

Downside history

-20.0%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Slide Insurance Holdings, Inc. outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

SLDE is a growth-oriented financial business with strong recent financial performance and stable management. The long-term thesis is intact, but the evidence is mixed on delivery against its 2026 goals, and the sector backdrop is a headwind.

What's priced into Slide Insurance Holdings, Inc.

The valuation is described as cheap, though SLDE still carries a 1.63-times premium versus peers, with a durable premium identified as the main valuation driver. The priced-in assessment is tagged as justified, but confidence in that assessment is low; valuation also fell by 12.9 points recently.

What the fundamentals likely do

In the near term, gross written premiums and net income grew year over year in both reported 2026 quarters, and management reiterated its full-year guidance. The share repurchase program is on track, while progress toward the premium and net income goals is rated mixed; the next call’s guidance and the history of a deep earnings miss are risks to monitor.

What Slide Insurance Holdings, Inc. hinges on