NEW YORK, Jan 3, 2026, 8:54 PM ET — Market closed
- Exzeo ended Friday down 6.14% at $22.76, after touching $24.49 earlier in the session. StockAnalysis
- The slide followed a late-December run that pushed the stock to a $24.60 high on Dec. 31. StockAnalysis
- Investors head into the first full week of 2026 focused on U.S. jobs data on Jan. 9 and inflation data on Jan. 13. Reuters
Exzeo Group, Inc. shares closed down 6.14% on Friday at $22.76, a sharp pullback on the first trading day of 2026 for the newly listed insurance-technology company. StockAnalysis
Moves in fresh IPOs can be amplified when the public float — the shares available for trading — is relatively small. Exzeo’s parent, HCI Group, retained an 81.5% ownership stake after the offering, according to Reuters. Reuters
The drop came as Wall Street ended mixed and Treasury yields ticked higher, a combination that can cool appetite for growth-oriented stocks. The S&P 500 rose 0.19% on Friday while the Nasdaq slipped 0.03%, and the 10-year Treasury yield rose to about 4.19%. Reuters
“The market is looking for direction,” Matthew Maley, chief market strategist at Miller Tabak, said in a Reuters report on what investors are watching as 2026 begins. Reuters
Exzeo opened at $24.49 on Friday and never traded above that level, before sliding to an intraday low of $22.19 and closing at $22.76. Volume was 423,789 shares, according to StockAnalysis data. StockAnalysis
The decline snapped a three-session climb into year-end. Exzeo rose on Dec. 29, Dec. 30 and Dec. 31 and hit a $24.60 high on the last trading day of 2025 before reversing on Friday. StockAnalysis
The company’s most recent operating update came with its third-quarter results on Dec. 10, when it reported revenue up 90% year over year to $55.2 million and “managed premium” — the gross dollar value of premiums processed or administered on its platform — up 142.1% to $1.2 billion. Exzeo Group
Exzeo describes itself as an “Insurance-as-a-Service” provider to property-and-casualty insurers, focused on the homeowners market. The company said a fifth insurance company joined its platform in the third quarter, with a sixth joining in the fourth quarter. Exzeo Group
At Friday’s close, Exzeo’s market value was about $2.07 billion and the stock traded at roughly 26 times trailing earnings, according to StockAnalysis. The site shows a “Buy” consensus from two analysts and a $27 price target. StockAnalysis
Other insurance-technology and adjacent names were volatile in the same session. Lemonade rose about 6.7%, while Guidewire fell about 6.7% and HCI Group slid about 4.0%, according to market data.
Before markets reopen on Monday, investors will be watching whether incoming economic data forces a rethink on interest-rate cuts, a key driver for equity valuations. Reuters flagged the U.S. jobs report due Jan. 9 and a consumer price index report due Jan. 13 as early market-moving events. Reuters
January also brings the start of fourth-quarter earnings season, with JPMorgan set to report on Jan. 13, Reuters reported. With valuations elevated, investors are leaning on expectations for another year of profit growth to justify prices. Reuters
For Exzeo specifically, earnings-date trackers such as Zacks list March 11 as an estimated next report date. Investors are likely to look for updates on carrier additions, managed premium growth and profitability after the company’s strong third-quarter results. Zacks
Technically, traders are watching whether the stock can hold above the $22 area after Friday’s $22.19 low, and whether it can retest the $24.60 peak set on Dec. 31. StockAnalysis
