Principal Financial Group, Inc. (PFG)
NASDAQ: PFG · IEX Real-Time Price · USD
79.26
+1.25 (1.60%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Principal Financial Group Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for PFG stock have an average target of 81.93, with a low estimate of 62 and a high estimate of 96. The average target predicts an increase of 3.37% from the current stock price of 79.26.
Analyst Consensus: Hold
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 11 | 11 | 12 | 12 | 11 | 12 |
| Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 14 | 14 | 15 | 15 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell → Hold Upgrades $88 → $96 | Sell → Hold | Upgrades | $88 → $96 | +21.12% | Jul 2, 2024 |
| Jefferies | Jefferies | Hold Maintains $74 → $78 | Hold | Maintains | $74 → $78 | -1.59% | Jun 28, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $91 → $85 | Hold | Maintains | $91 → $85 | +7.24% | Apr 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $81 → $82 | Hold | Maintains | $81 → $82 | +3.46% | Apr 15, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $86 → $91 | Hold | Maintains | $86 → $91 | +14.81% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
15.84B
from 13.67B
Increased by 15.88%
Revenue Next Year
16.78B
from 15.84B
Increased by 5.93%
EPS This Year
7.58
from 2.55
Increased by 197.30%
EPS Next Year
8.55
from 7.58
Increased by 12.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.9B | 17.8B | 18.8B | 19.9B |
| Avg | 15.8B | 16.8B | 18.1B | 19.2B |
| Low | 15.0B | 15.9B | 17.5B | 18.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.8% | 12.5% | 12.0% | 10.3% |
| Avg | 15.9% | 5.9% | 7.6% | 6.1% |
| Low | 9.7% | 0.4% | 4.2% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.10 | 9.14 | 9.88 | 10.87 |
| Avg | 7.58 | 8.55 | 9.39 | 10.45 |
| Low | 7.21 | 8.15 | 8.85 | 10.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 217.5% | 20.5% | 15.6% | 15.7% |
| Avg | 197.3% | 12.7% | 9.9% | 11.3% |
| Low | 182.9% | 7.5% | 3.6% | 8.0% |
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.