Prudential Financial, Inc. (PRU)

Prudential Financial Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for PRU stock have an average target of 114, with a low estimate of 99 and a high estimate of 141. The average target predicts a decrease of -7.89% from the current stock price of 123.76.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$99	$114	$116	$141
Change	-20.01%	-7.89%	-6.27%	+13.93%

Analyst Ratings

The average analyst rating for PRU stock from 13 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	1	1	1
Buy	0	0	0	0	0	0
Hold	11	11	12	11	10	10
Sell	1	1	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	12	12	14	14	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nigel Dally Morgan Stanley	Morgan Stanley	Hold Maintains $120 → $123	Hold	Maintains	$120 → $123	-0.61%	Jul 10, 2024
Ryan Krueger Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $118 → $121	Hold	Maintains	$118 → $121	-2.23%	Jul 8, 2024
Jimmy Bhullar JP Morgan	JP Morgan	Hold Maintains $118 → $128	Hold	Maintains	$118 → $128	+3.43%	Jul 2, 2024
Suneet Kamath Jefferies	Jefferies	Strong Buy Maintains $143 → $141	Strong Buy	Maintains	$143 → $141	+13.93%	Jun 28, 2024
Suneet Kamath Jefferies	Jefferies	Hold → Strong Buy Upgrades $121 → $143	Hold → Strong Buy	Upgrades	$121 → $143	+15.55%	May 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

64.31B

Increased by 19.14%

from 53.98B

Revenue Next Year

59.49B

Decreased by -7.49%

from 64.31B

EPS This Year

13.63

Increased by 102.22%

from 6.74

EPS Next Year

14.80

Increased by 8.56%

from 13.63

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	64.81B	57.03B	71.25B	56.88B	53.98B	64.31B	59.49B	63.53B	62.61B	58.97B
Revenue Growth	2.88%	-12.00%	24.92%	-20.16%	-5.10%	19.14%	-7.49%	6.80%	-1.46%	-5.81%
EPS	10.11	-1.00	22.40	-4.49	6.74	13.63	14.80	16.10	15.12	13.65
EPS Growth	6.42%	-	-	-	-	102.22%	8.56%	8.84%	-6.11%	-9.75%
Forward PE	-	-	-	-	-	9.08	8.36	7.68	8.19	9.07
No. Analysts	-	-	-	-	-	16	16	8	3	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	74.6B	71.5B	76.6B	69.9B	61.3B
Avg	64.3B	59.5B	63.5B	62.6B	59.0B
Low	59.4B	52.9B	54.4B	56.2B	57.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	38.2%	11.1%	28.7%	10.1%	-2.1%
Avg	19.1%	-7.5%	6.8%	-1.5%	-5.8%
Low	10.1%	-17.8%	-8.5%	-11.5%	-8.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	14.33	15.83	17.60	17.38	14.19
Avg	13.63	14.80	16.10	15.12	13.65
Low	12.79	13.92	14.99	13.12	13.24

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	112.6%	16.2%	18.9%	7.9%	-6.2%
Avg	102.2%	8.6%	8.8%	-6.1%	-9.8%
Low	89.7%	2.1%	1.3%	-18.5%	-12.4%

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.