Bowhead Specialty Holdings Inc. Common Stock (BOW)

FairStock Score: 67/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I look for a durable business bought at a sensible price. Bowhead is a small specialty property and casualty insurer with 296 employees, underwriting commercial casualty and professional liability risks. The filed record is attractive: FY2025 revenue was $551.6M and net income $53.8M, up from FY2024 revenue of $425.7M and net income of $38.2M, and FY2023 revenue of $283.4M and net income of $25.0M. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $163.9M, net income $16.1M and diluted EPS $0.48, versus revenue of $133.3M, net income of $12.3M and diluted EPS of $0.36 in fiscal Q2 2025. FairStock categorizes it as a FAST GROWER, based on computed three-year profit growth of 68.4% and revenue growth of 43.3%. FairStock also shows a 14.10% ROE and a debt-to-equity ratio of 0.31, reasonable for a small insurer. But insurance is only as good as underwriting and reserves, and the combined ratio is not in the data; neither are CET1 or NIM, which matter more for banks. At the 2026-10-13 close of $34.00, FairStock's P/E is 18.38 and P/B is 2.36, near the 52-week high of $35.07. The 0.60 PEG is appealing if growth lasts, yet a 67/100 FairStock score and Piotroski F-Score of 4/9 suggest I need more proof. This looks like a fair price for a fast-growing specialist, not a margin-of-safety bargain. I would watch underwriting discipline, reserve development, and book value compounding.

In plain English: Bowhead sells specialized insurance to businesses, covering risks like construction, manufacturing, real estate and professional liability. Its sales and profits have been growing quickly, and it earns a solid return on shareholders' money. At $34.00, the price looks reasonable rather than a bargain, and the stock is near the top of its yearly range.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer