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AIG · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is American International Group, Inc. (AIG) stock moving?
AIG beat Q3 2026 estimates on both adjusted EPS ($2.06 vs $1.88) and sales ($7.44B vs $7.33B), and declared a $0.50 dividend, yet the stock fell 2.3% on the report day (Nov 3) on 6.25M shares, about 1.5 times the recent average. Shares then slid to a 77.75 low on Nov 6 before recovering to a 82.32 close on Nov 10, up 3.4% in the latest session on 4.0M shares. The Oct 30 agreement to buy Everest's Chilean insurance unit, following the completed Colombia purchase, adds to the growth story, though terms were not disclosed. Sell-side views are mixed: UBS keeps a Buy with a $103 target, while Piper Sandler, Wells Fargo, Cantor, Goldman and Jefferies sit between $85 and $100 with Neutral or Equal-Weight style stances. The average of the seven targets cited is about $91, roughly 10% above the latest close. Price momentum is flat to slightly weak over the 30-day window, so the case rests on earnings delivery and the Everest integration rather than on a clear trend.
News behind the analysis
- UBS Maintains Buy on American International Gr, Raises Price Target to $103UBS kept its Buy rating on AIG and raised its price target to $103. It is the highest target among the recent analyst updates.
- Piper Sandler Maintains Neutral on American International Gr, Raises Price Target to $85Piper Sandler kept a Neutral rating and lifted its price target to $85. The target is above the Nov 10 close of $82.32 but well below UBS.
- Jefferies Adjusts Price Target on American International Group to $100 From $101Jefferies trimmed its price target on AIG by $1 to $100. The change is small and the target stays well above the current price.
- Wells Fargo Maintains Equal-Weight on American International Gr, Raises Price Target to $85Wells Fargo kept an Equal-Weight rating and raised its price target to $85. The stance is neutral, with the target close to the current price.
- Cantor Fitzgerald Adjusts Price Target on American International Group to $90Cantor Fitzgerald lowered its AIG price target from $92 to $90 after the Q3 report. The target still implies upside from the current price.
- American International Group, Inc. Reports Q3 2026 Financial ResultsAIG reported Q3 2026 adjusted EPS of $2.06, above the $1.88 analyst expectation. The company also reported sales of $7.44B, above the $7.33B estimate, and declared a $0.50 per share dividend.
- American Intl Gr Q3 Adj. EPS $2.06 Beats $1.89 EstimateBenzinga reported the same Q3 adjusted EPS beat, citing a $1.89 estimate. Sales of $7.443B also beat the $7.328B estimate.
- AIG Announces Agreement to Acquire Everest's Insurance Operations in Chile and Completes Acquisition of Everest ColombiaAIG agreed to buy Everest's Chilean insurance unit and completed the purchase of Everest Colombia. Financial terms of the Chile deal were not disclosed.
- American International Group, Inc. Files Q3 2026 10-QAIG filed its Q3 2026 quarterly report for the period ended September 30, 2026. The filing details operational and investment updates.
- Goldman Sachs Adjusts American International Group Price TargetGoldman Sachs raised its AIG price target from $88 to $89. The change is small and keeps the target near the current price.
About American International Group, Inc.
American International Group (AIG) is a large global insurer that sells property, casualty and specialty insurance to businesses and individuals in more than 200 countries and jurisdictions. It has spun off its life and retirement business (now Corebridge Financial) and is now focused on commercial and specialty insurance; it has also bought stakes in specialty insurer Convex and asset manager Onex, and Eric Andersen became CEO in 2026.
How it makes money
Most of AIG's money comes from insurance premiums in its General Insurance business. This is mainly commercial lines in North America and internationally, such as property, casualty, financial lines, marine and energy, plus some personal insurance. It also earns investment income from the large pool of premiums it holds before paying claims, and it reinsures part of Convex's business. Quarterly revenue was about $7.4 billion in Q3 2026.
What usually moves AIG
- Catastrophe losses such as hurricanes and wildfires
- Commercial insurance pricing and premium growth
- Underwriting profitability (combined ratio)
- Interest rates and investment income
- Share buybacks and capital deployment, including acquisitions