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Neptune Insurance Holdings Inc. (NP) Stock Fundamental Analysis & AI Rating 2026

NP NYSE Insurance Agents, Brokers & Service DE CIK: 0002067129
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
68% Confidence
AGREEMENT
SELL
75% Conf
HOLD
62% Conf

📊 NP Key Takeaways

Revenue: $37.8M
Net Margin: 19.4%
Free Cash Flow: $16.7M
Current Ratio: 1.01x
Debt/Equity: N/A
EPS: $0.05
AI Rating: SELL with 75% confidence
Neptune Insurance Holdings Inc. (NP) receives a SELL rating with 68% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $37.8M, net profit margin of 19.4%, Neptune Insurance Holdings Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete NP stock analysis for 2026.

Is Neptune Insurance Holdings Inc. (NP) a Good Investment?

Claude

Neptune Insurance faces a critical solvency crisis with negative stockholders' equity of -$213.4M despite impressive revenue growth (33.7% YoY) and strong operating margins (35.6%). While cash flow generation is healthy, the balance sheet shows total liabilities of $298.7M versus assets of only $85.3M, creating an untenable capital position for an insurance company that requires substantial equity buffers.

ChatGPT

Fundamentals show strong momentum: rapid revenue growth, high operating and net margins, and solid free cash flow for an asset‑light model. However, the balance sheet is strained with deeply negative equity and tight liquidity, and diluted EPS is negative despite positive net income, suggesting capital structure issues. Maintain a neutral stance until balance sheet strength and earnings attribution to common improve.

Why Buy Neptune Insurance Holdings Inc. Stock? NP Key Strengths

Claude
  • + Strong revenue growth of 33.7% year-over-year demonstrates market traction
  • + Exceptional net income growth of 237.6% YoY with healthy 19.4% net margin and 35.6% operating margin
  • + Robust free cash flow generation of $16.7M (44.2% FCF margin) showing operational cash conversion strength
  • + Zero long-term debt eliminates refinancing risk
ChatGPT
  • + Strong revenue growth (+33.7% YoY)
  • + High operating and net margins with robust cash generation (FCF margin ~32%)
  • + Asset‑light efficiency reflected in very high ROA

NP Stock Risks: Neptune Insurance Holdings Inc. Investment Risks

Claude
  • ! CRITICAL: Negative stockholders' equity of -$213.4M indicates technical insolvency with liabilities exceeding assets by $213.4M
  • ! Severely constrained liquidity with current ratio of 1.01x leaves minimal buffer for operational shocks or claims surges
  • ! Extreme dilution in EPS (down 262.5% YoY) despite net income growth suggests unsustainable capital structure and shareholder value destruction
  • ! Interest coverage ratio of 1.0x indicates zero financial flexibility and vulnerability to any earnings decline
  • ! Insurance sector fundamentally requires strong capital bases; this company's equity position undermines customer and regulatory confidence
ChatGPT
  • ! Deeply negative stockholders’ equity, indicating balance‑sheet and solvency risk
  • ! Tight liquidity (current/quick ~1.0) and low cash balance
  • ! Negative diluted EPS despite positive net income, implying capital structure/preferred dividend headwinds for common

Key Metrics to Watch

Claude
  • * Stockholders' equity trajectory and whether balance sheet deficit narrows
  • * Insurance loss ratios and reserve adequacy to assess if liabilities are properly provisioned
  • * Current ratio trend and working capital management as early warning sign of liquidity stress
  • * Operating cash flow sustainability and any deterioration in cash generation quality
ChatGPT
  • * Stockholders’ equity trajectory (return toward positive retained capital)
  • * Operating cash flow vs net income (cash conversion/FCF margin)

Neptune Insurance Holdings Inc. (NP) Financial Metrics & Key Ratios

Revenue
$37.8M
Net Income
$7.3M
EPS (Diluted)
$0.05
Free Cash Flow
$16.7M
Total Assets
$85.3M
Cash Position
$10.5M

💡 AI Analyst Insight

The 44.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

NP Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 35.6%
Net Margin 19.4%
ROE N/A
ROA 8.6%
FCF Margin 44.2%

NP vs Finance Sector: How Neptune Insurance Holdings Inc. Compares

How Neptune Insurance Holdings Inc. compares to Finance sector averages

Net Margin
NP 19.4%
vs
Sector Avg 25.0%
NP Sector
ROE
NP 0.0%
vs
Sector Avg 12.0%
NP Sector
Current Ratio
NP 1.0x
vs
Sector Avg 1.2x
NP Sector
Debt/Equity
NP 0.0x
vs
Sector Avg 2.0x
NP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Neptune Insurance Holdings Inc. Stock Overvalued? NP Valuation Analysis 2026

Based on fundamental analysis, Neptune Insurance Holdings Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
N/A
Sector avg: 12%
Net Profit Margin
19.4%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Neptune Insurance Holdings Inc. Balance Sheet: NP Debt, Cash & Liquidity

Current Ratio
1.01x
Quick Ratio
1.01x
Debt/Equity
N/A
Debt/Assets
350.1%
Interest Coverage
0.97x
Long-term Debt
$0.0

NP Revenue & Earnings Growth: 5-Year Financial Trend

NP 5-year financial data: Year 2025: Revenue $159.6M, Net Income $17.9M, EPS $0.10.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Neptune Insurance Holdings Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.10 reflects profitable operations.

NP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
44.2%
Free cash flow / Revenue

NP Quarterly Earnings & Performance

Quarterly financial performance data for Neptune Insurance Holdings Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $29.4M $7.3M $0.05

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Neptune Insurance Holdings Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$16.7M
Cash generated from operations
Dividends Paid
$175.0M
Returned to shareholders

NP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Neptune Insurance Holdings Inc. (CIK: 0002067129)

📋 Recent SEC Filings

Date Form Document Action
May 19, 2026 4 xslF345X06/ownership.xml View →
May 19, 2026 4 xslF345X06/ownership.xml View →
May 11, 2026 S-1 neptuneflood-sx1.htm View →
Apr 29, 2026 10-Q np-20260331.htm View →
Apr 22, 2026 8-K np-20260422.htm View →

Frequently Asked Questions about NP

What is the AI rating for NP?

Neptune Insurance Holdings Inc. (NP) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 68% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NP's key strengths?

Claude: Strong revenue growth of 33.7% year-over-year demonstrates market traction. Exceptional net income growth of 237.6% YoY with healthy 19.4% net margin and 35.6% operating margin. ChatGPT: Strong revenue growth (+33.7% YoY). High operating and net margins with robust cash generation (FCF margin ~32%).

What are the risks of investing in NP?

Claude: CRITICAL: Negative stockholders' equity of -$213.4M indicates technical insolvency with liabilities exceeding assets by $213.4M. Severely constrained liquidity with current ratio of 1.01x leaves minimal buffer for operational shocks or claims surges. ChatGPT: Deeply negative stockholders’ equity, indicating balance‑sheet and solvency risk. Tight liquidity (current/quick ~1.0) and low cash balance.

What is NP's revenue and growth?

Neptune Insurance Holdings Inc. reported revenue of $37.8M.

Does NP pay dividends?

Neptune Insurance Holdings Inc. pays dividends, with $175.0M distributed to shareholders in the trailing twelve months.

Where can I find NP SEC filings?

Official SEC filings for Neptune Insurance Holdings Inc. (CIK: 0002067129) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NP's EPS?

Neptune Insurance Holdings Inc. has a diluted EPS of $0.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NP a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Neptune Insurance Holdings Inc. has a SELL rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NP stock overvalued or undervalued?

Valuation metrics for NP: ROE of N/A (sector avg: 12%), net margin of 19.4% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy NP stock in 2026?

Our dual AI analysis gives Neptune Insurance Holdings Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NP's free cash flow?

Neptune Insurance Holdings Inc.'s operating cash flow is $16.7M, with capital expenditures of N/A. FCF margin is 44.2%.

How does NP compare to other Finance stocks?

Vs Finance sector averages: Net margin 19.4% (avg: 25%), ROE N/A (avg: 12%), current ratio 1.01 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI