The PNC Financial Services Group, Inc. (PNC)
NYSE: PNC · Real-Time Price · USD
178.39
-1.01 (-0.56%)
Oct 3, 2024, 4:00 PM EDT - Market closed
PNC Financial Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for PNC Financial stock have an average target of 177.65, with a low estimate of 138 and a high estimate of 212. The average target predicts a decrease of -0.41% from the current stock price of 178.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PNC Financial stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 3 | 4 | 4 | 4 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 8 | 8 | 6 | 5 | 5 | 5 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 15 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $203 → $212 | Buy | Maintains | $203 → $212 | +18.84% | Oct 2, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $189 → $180 | Hold | Maintains | $189 → $180 | +0.90% | Sep 11, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $185 → $200 | Hold → Strong Buy | Upgrades | $185 → $200 | +12.11% | Aug 15, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $165 → $177 | Sell | Maintains | $165 → $177 | -0.78% | Jul 30, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $175 → $200 | Strong Buy | Maintains | $175 → $200 | +12.11% | Jul 17, 2024 |
Financial Forecast
Revenue This Year
21.59B
Revenue Next Year
22.86B
from 21.59B
Increased by 5.86%
EPS This Year
13.25
from 12.78
Increased by 3.68%
EPS Next Year
14.93
from 13.25
Increased by 12.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.6B | 24.5B | 25.9B | ||
| Avg | 21.6B | 22.9B | 24.0B | ||
| Low | 20.4B | 21.8B | 22.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 13.3% | 13.3% | ||
| Avg | - | 5.9% | 5.1% | ||
| Low | - | 0.8% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.02 | 16.59 | 18.99 | ||
| Avg | 13.25 | 14.93 | 17.04 | ||
| Low | 12.62 | 13.76 | 15.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.7% | 25.2% | 27.2% | ||
| Avg | 3.7% | 12.7% | 14.1% | ||
| Low | -1.3% | 3.8% | 4.2% |
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.