Principal Financial Group, Inc. (PFG)

Principal Financial Group Stock Forecast

Stock Price Forecast

The 8 analysts that cover Principal Financial Group stock have a consensus rating of "Hold" and an average price target of $91.13, which forecasts a -6.38% decrease in the stock price over the next year. The lowest target is $81 and the highest is $103.

Price Target: $91.13 (-6.38%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$81	$91.13	$92	$103
Change	-16.79%	-6.38%	-5.49%	+5.81%

Analyst Ratings

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

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	1
Hold	5	5	6	6	6	5
Sell	3	3	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	10	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Elyse Greenspan Wells Fargo	Wells Fargo	Sell Maintains $74 → $85	Sell	Maintains	$74 → $85	-12.68%	Jan 13, 2026
John Nadel UBS	UBS	Hold Maintains $88 → $92	Hold	Maintains	$88 → $92	-5.49%	Jan 8, 2026
Jimmy Bhullar JP Morgan	JP Morgan	Buy → Hold Downgrades $103	Buy → Hold	Downgrades	$103	+5.81%	Jan 5, 2026
John Barnidge Piper Sandler	Piper Sandler	Buy Maintains $94 → $100	Buy	Maintains	$94 → $100	+2.73%	Dec 23, 2025
Ryan Krueger Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $90 → $91	Hold	Maintains	$90 → $91	-6.51%	Oct 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.86B

Decreased by -1.68%

from 16.13B

Revenue Next Year

17.24B

Increased by 8.72%

from 15.86B

EPS This Year

8.38

Increased by 25.39%

from 6.68

EPS Next Year

9.46

Increased by 12.90%

from 8.38

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	14.74B	14.43B	17.54B	13.67B	16.13B	15.86B	17.24B
Revenue Growth	-9.13%	-2.13%	21.54%	-22.07%	18.02%	-1.68%	8.72%
EPS	5.05	5.79	18.63	2.55	6.68	8.38	9.46
EPS Growth	1.82%	14.65%	221.76%	-86.31%	161.96%	25.39%	12.90%
Forward PE	-	-	-	-	-	11.62	10.29
No. Analysts	-	-	-	-	-	12	12

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	16.6B	18.2B
Avg	15.9B	17.2B
Low	15.3B	16.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	2.8%	14.9%
Avg	-1.7%	8.7%
Low	-5.3%	2.4%

EPS Forecast

EPS	2025	2026	2027	2028
High	8.78	10.14
Avg	8.38	9.46
Low	8.04	8.99

EPS Growth

EPS Growth	2025	2026	2027	2028
High	31.4%	21.1%
Avg	25.4%	12.9%
Low	20.3%	7.3%

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.