What Does Wall Street Think About Fidelis Insurance Holdings Limited (FIHL)?

Fidelis Insurance Holdings Limited (NYSE:FIHL) is one of the best cheap small cap stocks to invest in now. On November 19, Goldman Sachs lifted the price target on Fidelis Insurance Holdings Limited (NYSE:FIHL) to $17 from $16.50 while keeping a Sell rating on the stock. The firm told investors that it updated its model after the company released its fiscal Q3 earnings report.

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Fidelis Insurance Holdings Limited (NYSE:FIHL) released its fiscal Q3 2025 earnings on November 12, reporting gross premiums written of $797.5 million, reflecting a 7.5% growth compared to Q3 2024. Net income for the quarter was $130.5 million, or $1.24 per diluted common share, while operating net income was $126.8 million, or $1.21 per diluted common share.

Fidelis Insurance Holdings Limited (NYSE:FIHL) also reported that the gross premium written for the nine months ended September 30, 2025, reached $3.7 billion, reflecting a growth of 8.4% from the comparable period last year.

In addition to Goldman Sachs, UBS also raised the price target on Fidelis Insurance Holdings Limited (NYSE:FIHL) to $24 from $23 on November 17 and maintained a Buy rating on the shares.

However, on November 14, Keefe Bruyette slashed the price target on the stock to $23 from $24 while maintaining an Outperform rating on the shares. The firm told investors that the current share price of Fidelis Insurance Holdings Limited (NYSE:FIHL) undervalues the solid book value growth that it anticipates from accretive share repurchases and strong underwriting prospects.

Fidelis Insurance Holdings Limited (NYSE:FIHL) is a global specialty insurer that leverages strategic partnerships to provide tailored and innovative insurance solutions. The company’s operations are divided into the following segments: Insurance and Reinsurance.

While we acknowledge the potential of FIHL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FIHL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.