Aflac Incorporated (AFL)

Aflac Stock Forecast

Stock Price Forecast

The 10 analysts that cover Aflac stock have a consensus rating of "Hold" and an average price target of $110.9, which forecasts a -0.77% decrease in the stock price over the next year. The lowest target is $101 and the highest is $124.

Price Target: $110.9 (-0.77%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$101	$110.9	$111	$124
Change	-9.63%	-0.77%	-0.68%	+10.95%

Analyst Ratings

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

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	1	1	1	1	1	0
Buy	2	2	2	2	2	2
Hold	10	9	8	8	8	6
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	15	14	13	13	13	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nigel Dally Morgan Stanley	Morgan Stanley	Hold Maintains $113 → $118	Hold	Maintains	$113 → $118	+5.58%	Nov 17, 2025
Elyse Greenspan Wells Fargo	Wells Fargo	Hold Maintains $107 → $109	Hold	Maintains	$107 → $109	-2.47%	Nov 7, 2025
Thomas Gallagher Evercore ISI Group	Evercore ISI Group	Sell Maintains $110 → $111	Sell	Maintains	$110 → $111	-0.68%	Nov 7, 2025
Jimmy Bhullar JP Morgan	JP Morgan	Hold Maintains $100 → $101	Hold	Maintains	$100 → $101	-9.63%	Nov 5, 2025
Alex Scott Barclays	Barclays	Sell Maintains $102 → $104	Sell	Maintains	$102 → $104	-6.94%	Nov 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

17.99B

Decreased by -4.96%

from 18.93B

Revenue Next Year

17.88B

Decreased by -0.59%

from 17.99B

EPS This Year

6.96

Decreased by -27.69%

from 9.63

EPS Next Year

7.41

Increased by 6.44%

from 6.96

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	22.15B	21.55B	19.14B	18.70B	18.93B	17.99B	17.88B
Revenue Growth	-0.72%	-2.68%	-11.20%	-2.29%	1.21%	-4.96%	-0.59%
EPS	6.67	6.25	6.93	7.78	9.63	6.96	7.41
EPS Growth	50.56%	-6.30%	10.88%	12.27%	23.78%	-27.69%	6.44%
Forward PE	-	-	-	-	-	16.05	15.08
No. Analysts	-	-	-	-	-	14	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	18.8B	19.3B
Avg	18.0B	17.9B
Low	17.4B	16.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	-0.8%	7.0%
Avg	-5.0%	-0.6%
Low	-8.1%	-8.5%

EPS Forecast

EPS	2025	2026	2027	2028
High	7.56	8.24
Avg	6.96	7.41
Low	6.64	6.96

EPS Growth

EPS Growth	2025	2026	2027	2028
High	-21.5%	18.4%
Avg	-27.7%	6.4%
Low	-31.0%	-0.1%

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.