The current development of Allianz stock is marked by a short-term price decline, which is partly attributed to a downgrade by Goldman Sachs. Nonetheless, Allianz remains a solid and relevant company for investors, particularly regarding its current quarterly figures and the outlook for the ongoing year.
Current Market Situation and Price Development
- Price Decline: Allianz stock was temporarily down about 1.25 percent at around 347.20 euros following a downgrade by Goldman Sachs.
- Downgrade: Goldman Sachs downgraded the stock to “Neutral,” resulting in some uncertainty among investors.
- Market Reaction: Despite the downgrade, interest in the stock remains. Analysts like Deutsche Bank continue to rate the paper positively, pointing to strong growth over the year (up 24.1 percent).
Fundamental Figures
- Quarterly Results Q1 2025: Allianz presented its figures for the first quarter on May 15, 2025: Earnings per share (EPS) were 6.61 euros (previous year: 6.32 euros), with revenue increasing by over 43 percent to around 54 billion euros.
- Expectations for Q2–Q4: An EPS of approximately 6.51 euros is expected for the second quarter; further forecasts are around 7.06 euros for Q3 and about 7.12 euros for Q4.
- Dividend Outlook: Experts expect a dividend of up to 16.55 euros per share this year – a significant increase compared to last year (15.40 euros).
Analyst Ratings
| Analyst/Institution | Rating | Target Price/Fair Value |
|---|---|---|
| Goldman Sachs | Neutral | — |
| Deutsche Bank | Positive | — |
| Average | — | ~354 EUR |
The fair value is currently estimated by experts at about 354 euros or slightly above this level – thus, the current price is slightly below.
Opportunities & Risks
Opportunities
- Strong fundamentals: Solid profits and revenue growth.
- Attractive dividend: Increase in dividend payout expected.
- Long-term relevance: Allianz remains systemically important as a global insurance giant.
Risks
- Price fluctuations following analyst assessments.
- Macroeconomic uncertainties may have negative impacts.
Conclusion: Entry Point or Wait?
The recent mini-crash could indeed provide an interesting entry point – particularly in light of solid fundamental data and rising dividend expectations. The ratings from major banks are mixed: while Goldman Sachs is more cautious (“Neutral”), Deutsche Bank sees further potential in the stock.
For long-term investors, there may now be a good opportunity to enter or adopt a buying strategy – as long as one is willing to endure short-term fluctuations. However, further volatility should not be excluded in the short term.
Despite the current setback, there is no way to avoid engaging with a stable company like Allianz – at least not for investors with a medium- to long-term perspective.
The next important dates are:
- Q2 results on August 7, 2025
- Further quarterly reports will follow regularly throughout the year.