Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs
Assurant, Inc. (AIZ)
Last assurant, inc. earnings: 2/11 04:15 pm
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Source: Business Wire
46 Percent Growth Year-Over-Year Driven by Accelerated Adoption of AI-Enabled Devices and Expansion of the Secondary Market ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world’s leading brands, today released findings from its Q3 Mobile Trade-In and Upgrade Industry Trends Report, revealing that trade-in programs surged as consumers embraced devices with more personalized AI capabilities. This marks the third consecutive record-breaking quarter, as consumers received a record $1.59 billion in value through mobile device trade-in, a 46 percent year-over-year increase, and a 19 percent rise over Q2 2025.The record growth in value and the decline in average device age supports Assurant’s earlier forecast that consumers would accelerate adoption of newly released smartphones with personalized, functional AI capabilities. With major carriers reportin
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AIZ
News
- Assurant (NYSE:AIZ) had its price target raised by analysts at Morgan Stanley from $232.00 to $248.00. They now have an "equal weight" rating on the stock.MarketBeat
- Assurant (NYSE:AIZ) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- UBS Raises Price Target on Assurant (AIZ) to $257, Maintains Buy Rating [Yahoo! Finance]Yahoo! Finance
- Assurant (NYSE:AIZ) had its price target raised by analysts at UBS Group AG from $255.00 to $257.00. They now have a "buy" rating on the stock.MarketBeat
- Assurant Honors California Veteran Josh Lopez with Mobility-Modified 2025 Chevrolet Suburban SUVBusiness Wire
AIZ
Earnings
- 11/4/25 - Beat
AIZ
Sec Filings
- 11/6/25 - Form 10-Q
- 11/4/25 - Form 8-K
- 10/28/25 - Form SCHEDULE
- AIZ's page on the SEC website