Shares of Goosehead Insurance (GSHD) are surging 5.54% in pre-market trading on Thursday following the release of the company's third-quarter earnings report. The stock's movement comes amid mixed reactions from analysts, highlighting investors' optimism despite some concerns.

Goosehead reported Q3 adjusted earnings of $0.46 per diluted share, meeting analyst expectations and showing resilience in a challenging market. While this figure represents a slight decline from $0.50 in the same quarter last year, revenue for the period increased to $90.4 million, up from $78 million a year earlier. However, the revenue fell short of the $92.4 million forecast by analysts polled by FactSet.

Despite the revenue miss, Goosehead reaffirmed its 2025 revenue guidance range of $350 million to $385 million, which seems to have boosted investor confidence. Analyst reactions were mixed, with KBW maintaining a Buy rating on the stock and setting a price target of $95, while Truist Securities lowered its price target from $85 to $72. The divergent views from analysts suggest that while there are some near-term challenges, the long-term outlook for Goosehead Insurance remains positive, contributing to the stock's pre-market rally.