FGPN Stock Chart & Stats
€3.46
-€0.10(-2.08%)
At close: 4:00 PM EDT
€3.46
-€0.10(-2.08%)
Day’s Range― - ―
52-Week Range€3.04 - €8.55
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€175.32M
Enterprise Value€755.32
Total Cash (Recent Filing)€213.24M
Total Debt (Recent Filing)€155.46M
Price to Earnings (P/E)―
Beta0.57
Next Earnings
Nov 10, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.64
Shares Outstanding45,051,487
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.51
Price to Sales (P/S)1.46
P/FCF Ratio-7.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€10.02Price Target Upside189.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.17
Revenue Forecast (FY)€75.51M
Bulls Say, Bears Say
Bulls Say
Distribution GrowthInsurance Distribution's 77% quarterly growth, 44% organic expansion and raised full-year targets indicate strong demand and scaling in a key platform. Margin expansion and newer MGA contributions can improve recurring earnings capacity if the segment sustains execution beyond the current quarter.
Underwriting ImprovementImproving loss and combined ratios show that Everspan is converting premium growth into better underwriting economics. Continued progress toward profitable underwriting could create a more durable earnings base as newer programs mature, even though the current combined ratio remains near break-even.
Manageable LeverageManageable leverage and a sizable equity base provide Octave with a meaningful capital buffer for a specialty insurance business. Compared with its much higher leverage in 2021–2022, the improved balance-sheet profile gives management greater flexibility to absorb volatility and fund strategic growth.
Bears Say
Persistent GAAP LossesDeep operating and net losses remain the central fundamental weakness, despite improvement from prior periods. Negative profitability limits internal capital generation, makes earnings less predictable, and leaves the company dependent on successful execution of its growth and underwriting initiatives to reach sustainable returns.
Negative Cash GenerationNegative operating and free cash flow indicate that reported business activity is not yet translating into cash earnings. If outflows persist, Octave may need to rely more heavily on its balance sheet to fund operations and expansion, reducing financial flexibility while profitability remains weak.
Reduced Earnings GuidanceThe guidance reductions signal that the path to sustainable earnings is more difficult than previously expected. Higher acquisition and onboarding costs, together with revised consolidated assumptions, may keep near-term profitability below plan and raise execution risk even as management targets its first positive adjusted EPS year.
Octave Specialty Group News
FGPN FAQ
What was Octave Specialty Group’s price range in the past 12 months?
Octave Specialty Group lowest stock price was €3.04 and its highest was €8.55 in the past 12 months.
What is Octave Specialty Group’s market cap?
Octave Specialty Group’s market cap is €175.32M.
When is Octave Specialty Group’s upcoming earnings report date?
Octave Specialty Group’s upcoming earnings report date is Nov 10, 2026 which is in 52 days.
How were Octave Specialty Group’s earnings last quarter?
Octave Specialty Group released its earnings results on Aug 06, 2026. The company reported -€0.035 earnings per share for the quarter, missing the consensus estimate of -€0.004 by -€0.03.
Is Octave Specialty Group overvalued?
According to Wall Street analysts Octave Specialty Group’s price is currently Undervalued.
Does Octave Specialty Group pay dividends?
Octave Specialty Group does not currently pay dividends.
What is Octave Specialty Group’s EPS estimate?
Octave Specialty Group’s EPS estimate is -0.04.
How many shares outstanding does Octave Specialty Group have?
Octave Specialty Group has 45,051,487 shares outstanding.
What happened to Octave Specialty Group’s price movement after its last earnings report?
Octave Specialty Group reported an EPS of -€0.035 in its last earnings report, missing expectations of -€0.004. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Octave Specialty Group?
Currently, no hedge funds are holding shares in DE:FGPN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Octave Specialty Group Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
€10.02 (189.48% Upside)
€10.02 (189.48% Upside)
Blogger Sentiment
Neutral
DE:FGPN Sentiment 100%
Sector Average 58%
Sector Average 58%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-50.65%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-79.51%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Octave Specialty Group
Octave Specialty Group, Inc. functions as a financial services holding company, organizing its operations into two distinct divisions. Its Specialty Property and Casualty Insurance segment delivers specialized program insurance, primarily focusing on coverage for commercial and personal liability exposures. The second division, Insurance Distribution, offers a broad spectrum of services for distributing specialty property and casualty insurance, which includes roles such as managing general agents, underwriters, and insurance brokers, alongside other related distribution and underwriting ventures. Established in 1971, the company, with its corporate headquarters located in New York, New York, rebranded from its former name, Ambac Financial Group, Inc., to Octave Specialty Group, Inc. in November 2025.
FGPN Company Deck
FGPN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong and accelerating performance in the Insurance Distribution segment (77% revenue growth, 44% organic), material quarter-over-quarter improvements in consolidated and segment profitability, meaningful underwriting progress at Everspan (loss ratio and combined ratio improvements), and operational initiatives (AI, talent hires) that support scalable growth. At the same time, the company remains GAAP unprofitable, reduced its adjusted EPS and Everspan EBITDA guidance for near-term items (acquisition/onboarding costs), faces a softening P&C market in certain property classes, and is making near-term investments (MGAs, technology) that depress current margins. On balance, operational momentum and improving adjusted results outweigh the near-term headwinds and guidance adjustments.View all DE:FGPN earnings summariesFGPN Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€10.02
▲(189.48% Upside)
Technical Analysis
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