Beazley plc

LSE:BEZ Stock Report

Market Cap: UK£7.6b

Beazley Future Growth

Future criteria checks 0/6

Beazley's earnings are forecast to decline at 5.5% per annum while its annual revenue is expected to grow at 4.1% per year. EPS is expected to decline by 7.4% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

-5.5%

Earnings growth rate

-7.36%

EPS growth rate

Insurance earnings growth9.3%
Revenue growth rate4.1%
Future return on equity12.97%
Analyst coverage

Low

Last updated30 Apr 2026

Recent future growth updates

Recent updates

Narrative Update • Apr 21

BEZ: Zurich Cash Offer And Downgrades Will Frame Deal-Linked Fairly Valued Outlook

Beazley's analyst price target has been trimmed slightly to £12.82 from £13.10, reflecting a series of downgrades to Hold or Sector Perform as analysts factor in Zurich's agreed offer for the company. Analyst Commentary Recent research updates cluster around Zurich's agreed offer, with several firms moving to more neutral ratings and setting price targets close to the proposed deal level.
Narrative Update • Apr 07

BEZ: Zurich Cash Offer And Rating Downgrades Will Shape Fairly Valued Shares

Beazley's analyst fair value estimate has edged down from £13.10 to about £13.10 per share, as analysts factor in a wave of rating downgrades and higher Street targets linked to Zurich's agreed offer and recent price target revisions across several banks. Analyst Commentary Street research has shifted toward more neutral ratings following Zurich's agreed offer, with several firms moving to hold or sector perform stances while still lifting or reaffirming price targets around or above the proposed deal level.
Narrative Update • Mar 24

BEZ: Zurich Offer And Downgrades Will Shape Fairly Valued Shares

Analysts have nudged the fair value estimate for Beazley slightly higher to £13.10, reflecting a modest uplift in price targets such as RBC Capital's move to £13.00 and Berenberg's to £13.10, while incorporating recent downgrades linked to Zurich's agreed offer. Analyst Commentary Recent broker research around Zurich's agreed offer has triggered a cluster of rating changes and price target moves, giving you a clearer sense of how professionals are weighing execution risk against potential upside from the bid.
Narrative Update • Mar 10

BEZ: Zurich Offer And Rating Shifts Will Guide Fairly Valued Shares

Analysts have nudged their fair value estimate for Beazley from about £12.20 to roughly £13.04 per share, citing updated price targets around £930 to £1,310 and recent downgrades that incorporate Zurich's agreed offer along with revised expectations for revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research on Beazley has shifted toward a more cautious stance, with several firms moving to neutral ratings while still keeping price targets clustered around or above Zurich's agreed offer level.
Narrative Update • Feb 23

BEZ: Takeover Talks And Split Ratings Will Shape Future Share Path

Analysts have trimmed their fair value estimate for Beazley to £12.20 from £12.29, reflecting slightly lower target valuations even as they highlight Street research that includes both reduced and raised price targets, along with updated views on revenue growth, profit margins and future P/E assumptions. Analyst Commentary Recent Street research on Beazley presents a mixed picture, with some analysts trimming targets or ratings, while others are still comfortable with higher fair values and positive stances on the shares.
Narrative Update • Feb 07

BEZ: Takeover Proposal And Mixed Ratings Will Shape Future Share Path

Narrative Update Analysts have adjusted their price targets on Beazley in a mixed fashion, with some firms trimming targets, such as a cut to £9.30 from £9.60, while others, like Deutsche Bank, lifted theirs to £10.50 from £9.77. This reflects differing views on valuation, discount rates and future P/E assumptions.
New Narrative • Jan 24

Future Cyber Margin Compression And Reinsurance Dependence Will Erode Earnings Quality

Catalysts About Beazley Beazley is a specialty insurer focused on short tail and selected long tail risks across cyber, property, MAP and other specialty lines, primarily written through Lloyd’s, North America and Europe. What are the underlying business or industry changes driving this perspective?
Narrative Update • Jan 22

BEZ: Mixed Ratings And Takeover Reversal Will Shape Future Share Performance

Our analyst price target for Beazley has moved to £10.35 from £9.88, reflecting a slight adjustment in long term growth and margin assumptions as analysts respond to a mix of recent target changes, including cuts from Citi and Morgan Stanley alongside an increase from Deutsche Bank. Analyst Commentary Street research on Beazley has been mixed recently, with some analysts trimming their expectations and others lifting their targets.
Narrative Update • Dec 24

BEZ: Higher Earnings Multiple Will Support Continued Outperformance

Analysts have raised their price target on Beazley to £11.00 from £10.00, citing a slightly higher long term revenue growth outlook that more than offsets a modestly lower profit margin expectation and supports a higher future earnings multiple. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target as confirmation that Beazley can sustain above-sector revenue growth, supporting a premium valuation multiple.
Analysis Article • Nov 28

Beazley plc's (LON:BEZ) Low P/E No Reason For Excitement

Beazley plc's ( LON:BEZ ) price-to-earnings (or "P/E") ratio of 6.4x might make it look like a strong buy right now...
Narrative Update • Nov 24

BEZ: Strong Profit Margins and Resilience Will Support Continued Outperformance

Analysts have raised their price target for Beazley from £10.00 to £11.00. They cite improved profit margin forecasts and continued strong performance as reasons supporting the company's outlook.
Narrative Update • Nov 07

BEZ: Raised Price Target Will Drive Growing Confidence In Outlook

Narrative Update on Beazley: Analyst Price Target Change Analysts have increased their price target for Beazley from £10.00 to £11.00, citing improved profit margin expectations and a slightly higher fair value assessment, even though revenue growth projections have been moderated. Analyst Commentary Bullish Takeaways Bullish analysts highlight the raised price target, reflecting increased confidence in Beazley's valuation potential.
Narrative Update • Oct 24

Raised Price Projections Will Offset Margin Pressures From Cyber Risks

Analysts have raised their price target for Beazley from £10.00 to £11.00. They cite improved revenue growth and profit margin projections as key factors for the upward revision.
Narrative Update • Oct 10

Increasing Cyber Threats Will Drive Up Costs And Reduce Future Net Margins

Analysts have raised their price target for Beazley modestly from $10.07 to $10.26, citing minor improvements in fair value and profit margin projections. This adjustment comes despite slightly lower revenue growth estimates.
Narrative Update • Aug 27

Cyber And Climate Risks Will Shape Resilient Yet Uncertain Markets

The consensus price target for Beazley has been lowered, reflecting a notable decline in both future P/E and net profit margin expectations, resulting in a revised fair value of £10.04. What's in the News Completed share buyback of 25,700,000 shares (4.08% of outstanding) for $307.6 million.
Analysis Article • Jul 19

Insufficient Growth At Beazley plc (LON:BEZ) Hampers Share Price

Beazley plc's ( LON:BEZ ) price-to-earnings (or "P/E") ratio of 6.6x might make it look like a strong buy right now...
Analysis Article • May 26

Do Beazley's (LON:BEZ) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
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New Narrative • Mar 09

Increasing Cyber Threats Will Drive Up Costs And Reduce Future Net Margins

Competitive market conditions and expected pricing softening may pressure Beazley’s margins and future earnings growth.

Earnings and Revenue Growth Forecasts

LSE:BEZ - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20286,6757784274392
12/31/20276,5597945665744
12/31/20266,3727998448791
12/31/20255,9439131,2481,315N/A
9/30/20255,9269469511,009N/A
6/30/20255,909979654704N/A
3/31/20255,9101,055613670N/A
12/31/20245,9101,130572635N/A
9/30/20245,7541,222448512N/A
6/30/20245,5971,314324389N/A
3/31/20245,3481,171331391N/A
12/31/20235,1001,027338393N/A
9/30/20234,869750127175N/A
6/30/20234,639473-85-43N/A
3/31/20234,355478-119-86N/A
12/31/20224,072483-153-129N/A
9/30/20223,872474553568N/A
6/30/20223,6724641,2601,264N/A
3/31/20223,4823861,2031,217N/A
12/31/20213,2923091,1471,170N/A
9/30/20213,179207887915N/A
6/30/20213,067106627660N/A
3/31/20212,98930535568N/A
12/31/20202,911-46443477N/A
9/30/20202,78718485516N/A
6/30/20202,66383526554N/A
3/31/20202,650158484507N/A
12/31/20192,637234442460N/A
9/30/20192,540197N/A375N/A
6/30/20192,444159N/A290N/A
3/31/20192,298114N/A284N/A
12/31/20182,15268N/A279N/A
9/30/20182,11256N/A274N/A
6/30/20182,07144N/A270N/A
3/31/20182,05787N/A265N/A
12/31/20172,043130N/A259N/A
9/30/20171,990193N/A227N/A
6/30/20171,937255N/A194N/A
3/31/20171,916253N/A194N/A
12/31/20161,894251N/A194N/A
9/30/20161,853248N/A198N/A
6/30/20161,812245N/A203N/A
3/31/20161,799247N/A199N/A
12/31/20151,787249N/A196N/A
9/30/20151,805243N/A159N/A
6/30/20151,822237N/A123N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BEZ's earnings are forecast to decline over the next 3 years (-5.5% per year).

Earnings vs Market: BEZ's earnings are forecast to decline over the next 3 years (-5.5% per year).

High Growth Earnings: BEZ's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BEZ's revenue (4.1% per year) is forecast to grow slower than the UK market (4.5% per year).

High Growth Revenue: BEZ's revenue (4.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BEZ's Return on Equity is forecast to be low in 3 years time (13%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 17:36
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Beazley plc is covered by 32 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ivan BokhmatBarclays
Michael ChristodoulouBerenberg
Thomas SeidlBernstein