Corebridge Financial, Inc. (CRBG)
NYSE: CRBG · IEX Real-Time Price · USD
29.59
+0.47 (1.61%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Corebridge Financial Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for CRBG stock have an average target of 31.42, with a low estimate of 20 and a high estimate of 40. The average target predicts an increase of 6.18% from the current stock price of 29.59.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CRBG stock from 12 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 4 | 4 | 6 | 5 | 5 | 5 |
| Hold | 3 | 3 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 13 | 12 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $26 → $34 | Hold | Maintains | $26 → $34 | +14.90% | Jul 2, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $35 → $40 | Strong Buy | Maintains | $35 → $40 | +35.18% | Jun 28, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $33 | Buy | Reiterates | $33 | +11.52% | Jun 28, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $33 → $34 | Buy | Maintains | $33 → $34 | +14.90% | May 10, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $34 → $35 | Buy | Maintains | $34 → $35 | +18.28% | May 6, 2024 |
Financial Forecast
Revenue This Year
24.15B
from 18.88B
Increased by 27.93%
Revenue Next Year
25.29B
from 24.15B
Increased by 4.71%
EPS This Year
5.01
from 1.71
Increased by 192.85%
EPS Next Year
5.94
from 5.01
Increased by 18.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 26.1B | 27.6B | 28.8B | 30.0B |
| Avg | 24.2B | 25.3B | 26.9B | 29.2B |
| Low | 21.6B | 22.1B | 24.9B | 28.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 38.2% | 14.1% | 13.7% | 11.5% |
| Avg | 27.9% | 4.7% | 6.5% | 8.3% |
| Low | 14.5% | -8.4% | -1.5% | 4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.25 | 6.35 | 7.50 | 7.67 |
| Avg | 5.01 | 5.94 | 6.90 | 7.45 |
| Low | 4.66 | 5.31 | 6.32 | 7.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 207.0% | 26.9% | 26.2% | 11.0% |
| Avg | 192.9% | 18.6% | 16.2% | 7.9% |
| Low | 172.4% | 6.0% | 6.3% | 3.6% |
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.