Principal Financial Group, Inc. (PFG)
NASDAQ: PFG · Real-Time Price · USD
76.92
-0.38 (-0.49%)
Dec 23, 2024, 10:34 AM EST - Market open

Principal Financial Group Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for PFG stock have an average target of 84.07, with a low estimate of 70 and a high estimate of 99. The average target predicts an increase of 9.30% from the current stock price of 76.92.

Analyst Consensus: Hold
Target Low Average Median High
Price $70 $84.07 $86 $99
Change -9.00% +9.30% +11.80% +28.71%

Analyst Ratings

The average analyst rating for PFG stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 000001
Hold 13121210107
Sell 112224
Strong Sell 111111
Total 161516141414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Upgrades
$90
Buy Upgrades $90 +17.00% Dec 18, 2024
Wells Fargo
Wells Fargo
Sell
Downgrades
$84$75
Sell Downgrades $84$75 -2.50% Dec 11, 2024
Morgan Stanley
Morgan Stanley
Sell
Downgrades
$86$80
Sell Downgrades $86$80 +4.00% Dec 5, 2024
RBC Capital
RBC Capital
Hold
Maintains
$87$91
Hold Maintains $87$91 +18.30% Nov 19, 2024
Barclays
Barclays
Sell
Maintains
$75$77
Sell Maintains $75$77 +0.10% Oct 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
15.68B
Revenue Next Year
16.59B
from 15.68B
Increased by 5.79%
EPS This Year
7.10
from 2.55
Increased by 178.60%
EPS Next Year
8.48
from 7.10
Increased by 19.40%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----15.68B16.59B17.49B
Revenue Growth
13.94%-9.13%-2.13%21.54%-22.07%-5.79%5.47%
EPS
4.965.055.7918.632.557.108.489.39
EPS Growth
-7.46%1.81%14.65%221.76%-86.31%178.60%19.40%10.71%
Forward PE
-----10.839.078.19
No. Analysts -----141412
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 16.4B 17.8B 18.9B
Avg 15.7B 16.6B 17.5B
Low 15.1B 15.3B 16.2B

Revenue Growth

Revenue Growth 2024202520262027
High -
13.3%
13.7%
Avg -
5.8%
5.5%
Low -
-2.3%
-2.2%

EPS Forecast

EPS 2024202520262027
High 7.47 9.08 10.09
Avg 7.10 8.48 9.39
Low 6.76 7.90 8.83

EPS Growth

EPS Growth 2024202520262027
High
192.9%
27.8%
19.0%
Avg
178.6%
19.4%
10.7%
Low
165.2%
11.2%
4.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.