Manulife Financial Corporation (TSX:MFC)
Canada flag Canada · Delayed Price · Currency is CAD
60.56
+0.28 (0.46%)
Sep 14, 2026, 4:00 PM EST

Manulife Financial Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, Manulife Financial stock has a consensus rating of "Buy" and an average price target of $65.27. The average 1-year stock price forecast is 7.78% higher than the current stock price, while the lowest is $49.00 (-19.09%) and the highest is $74.00 (+22.19%).

Price Target: $65.27 (+7.78%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$49.00$65.27$67.00$74.00
Change-19.09%+7.78%+10.63%+22.19%
* Price targets were last updated on Aug 14, 2026.

Analyst Ratings

The average analyst rating for Manulife Financial stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy666666
Buy444444
Hold333333
Sell221222
Strong Sell001000
Total151515151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
UBS
No rating
UBS
Buy
Reiterates
$58.00$73.00
BuyReiterates$58.00$73.00+20.54%Aug 14, 2026
Jefferies
Jefferies
Buy
Maintains
$70.00$74.00
BuyMaintains$70.00$74.00+22.19%Aug 12, 2026
BMO Capital
BMO Capital
Buy
Reiterates
$67.00$70.00
BuyReiterates$67.00$70.00+15.59%Aug 7, 2026
Scotiabank
Scotiabank
Buy
Maintains
$61.00$67.00
BuyMaintains$61.00$67.00+10.63%Aug 7, 2026
RBC Capital
RBC Capital
Buy
Maintains
$55.00$67.00
BuyMaintains$55.00$67.00+10.63%Aug 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
51.77B
from 30.98B
Increased by 67.13%
Revenue Next Year
53.73B
from 51.77B
Increased by 3.79%
EPS This Year
4.50
from 4.21
Increased by 7.00%
EPS Next Year
5.01
from 4.50
Increased by 11.27%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
59.84B16.91B27.25B29.99B30.98B51.77B
Revenue Growth
-22.41%-71.74%61.11%10.08%3.28%67.13%
Net Income
6.66B-2.10B5.46B5.63B5.78B6.76B
EPS
----4.214.50
EPS Growth
----8.79%7.00%
Forward PE
7.027.288.2111.1211.2713.44
Dividend / Share
1.121.321.461.601.761.94
Dividend Growth
-17.86%10.61%9.59%10.00%10.09%
Free Cash Flow
-8.77B9.17B-10.93B20.80B4.19B
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High59.4B
Avg51.8B
Low44.1B

Revenue Growth

Revenue Growth202620272028
High
91.9%
Avg
67.1%
Low
42.3%

EPS Forecast

EPS202620272028
High4.59
Avg4.50
Low4.41

EPS Growth

EPS Growth202620272028
High
9.1%
Avg
7.0%
Low
4.8%