Ethos Technologies Posts $110.1M Q4 Revenue with 65% Growth; Price Target Raised to $16
Citi lifted Ethos Tech’s 2026 price target to $16 from $15, citing continued Q4 momentum. Q4 revenue reached $110.1M (+65% YoY) with 500K activated policies, and Q1 guidance of $144–146M revenue and $30–32M adjusted EBITDA supports sustained growth outlook.
1. Price Target Hike and Rating
Ethos Technologies' price target rose to $16 from $15, with analysts maintaining a Buy rating in light of sustained Q4 operational momentum and expectations for enhanced earnings leverage.
2. Q4 Financial Highlights
The company delivered Q4 revenue of $110.1 million, surpassing the $108.32 million consensus and marking 65% year-over-year growth. During the quarter, Ethos also activated 500,000 policies on its digital life insurance platform, underscoring strong customer adoption.
3. 2026 Guidance and Profitability Outlook
Ethos forecasts Q1 revenue of $144–146 million (approximately 53% YoY growth) and adjusted EBITDA of $30–32 million. For fiscal 2026, revenue is expected at $510–514 million (around 32% growth) with adjusted EBITDA of $99–103 million, reflecting scaling profitability.