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Bullish Case: PLMR shows impressive historical returns and a positive re-rating by analysts, supporting a growth trajectory fueled by strong management and strategic board additions.


Bearish Case: Recent insider selling and mean reverting price action signal potential caution, despite recent upgrades. The high level of analyst optimism may be overstated.


Potential Outcomes:

1. PLMR surpasses analyst high targets due to strong earnings (25%).

2. Price stagnates, mirroring mean reversion tendency (50%).

3. Declines on profit-taking from recent highs (25%).


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April 23, 2024


Palomar Forecast

PLMR        Palomar
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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