Manulife Financial Corporation (MFC)
NYSE: MFC · Real-Time Price · USD
31.87
+0.13 (0.41%)
May 15, 2025, 4:00 PM - Market closed

Manulife Financial Stock Forecast

Stock Price Forecast

According to 2 professional analysts, the 12-month price target for Manulife Financial stock ranges from a low of $40 to a high of $51. The average analyst price target of $45.5 forecasts a 42.77% increase in the stock price over the next year.

Price Target: $45.50 (+42.77%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $40 $45.5 $51 $51
Change +25.51% +42.77% +60.03% +60.03%
* Price targets were last updated on Feb 21, 2025.

Analyst Ratings

The average analyst rating for Manulife Financial stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 111111
Buy 221111
Hold 000000
Sell 000000
Strong Sell 000000
Total 332222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$49$51
Buy Maintains $49$51 +60.03% Feb 21, 2025
TD Securities
TD Securities
Strong Buy
Maintains
$38$40
Strong Buy Maintains $38$40 +25.51% Jun 28, 2024
BMO Capital
BMO Capital
Buy
Upgrades
$31$35
Buy Upgrades $31$35 +9.82% Feb 15, 2024
Barclays
Barclays
Buy
Maintains
$31$33
Buy Maintains $31$33 +3.55% Aug 11, 2023
RBC Capital
RBC Capital
Hold
Maintains
$26$28
Hold Maintains $26$28 -12.14% Feb 17, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
40.53B
from 29.99B
Increased by 35.15%
Revenue Next Year
42.82B
from 40.53B
Increased by 5.64%
EPS This Year
4.18
from 2.84
Increased by 47.08%
EPS Next Year
4.57
from 4.18
Increased by 9.50%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
77.12B59.84B16.91B27.25B29.99B40.53B42.82B44.86B
Revenue Growth
-0.90%-22.41%-71.74%61.11%10.08%35.15%5.64%4.76%
EPS
2.933.54-1.152.612.844.184.574.72
EPS Growth
5.78%20.82%--8.81%47.08%9.50%3.24%
Forward PE
-----10.659.729.42
No. Analysts
-----16164
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 42.1B 44.5B 46.6B
Avg 40.5B 42.8B 44.9B
Low 39.3B 41.5B 43.5B

Revenue Growth

Revenue Growth 20252026202720282029
High
40.5%
9.8%
8.9%
Avg
35.1%
5.6%
4.8%
Low
31.1%
2.5%
1.6%

EPS Forecast

EPS 20252026202720282029
High 4.50 5.04 4.98
Avg 4.18 4.57 4.72
Low 3.82 4.12 4.52

EPS Growth

EPS Growth 20252026202720282029
High
58.6%
20.7%
8.8%
Avg
47.1%
9.5%
3.2%
Low
34.6%
-1.5%
-1.2%
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.