Voya Financial, Inc. (VOYA)

Voya Financial Stock Forecast

Stock Price Forecast

The 9 analysts that cover Voya Financial stock have a consensus rating of "Buy" and an average price target of $87.33, which forecasts a 28.81% increase in the stock price over the next year. The lowest target is $82 and the highest is $93.

Price Target: $87.33 (+28.81%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$82	$87.33	$87	$93
Change	+20.94%	+28.81%	+28.32%	+37.17%

Analyst Ratings

The average analyst rating for Voya Financial stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	1	1	1	1	1	1
Buy	6	6	6	5	5	5
Hold	4	4	3	3	3	3
Sell	1	1	1	1	1	0
Strong Sell	0	0	0	0	0	0
Total	12	12	11	10	10	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Krueger Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Initiates $82	Buy	Initiates	$82	+20.94%	Mar 26, 2026
Bob Huang Morgan Stanley	Morgan Stanley	Buy Maintains $93 → $86	Buy	Maintains	$93 → $86	+26.84%	Mar 3, 2026
Wesley Carmichael Wells Fargo	Wells Fargo	Hold Maintains $86 → $85	Hold	Maintains	$86 → $85	+25.37%	Feb 25, 2026
Kenneth S. Lee RBC Capital	RBC Capital	Buy Maintains $85 → $87	Buy	Maintains	$85 → $87	+28.32%	Feb 9, 2026
Thomas Gallagher Evercore ISI Group	Evercore ISI Group	Buy Maintains $90 → $88	Buy	Maintains	$90 → $88	+29.79%	Feb 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

8.54B

Increased by 4.27%

from 8.19B

Revenue Next Year

8.96B

Increased by 4.98%

from 8.54B

EPS This Year

9.99

Increased by 58.87%

from 6.29

EPS Next Year

11.48

Increased by 14.88%

from 9.99

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	4.17B	5.93B	7.35B	8.05B	8.19B	8.54B	8.96B
Revenue Growth	-45.43%	42.07%	23.91%	9.55%	1.73%	4.27%	4.98%
EPS	18.56	4.30	5.42	6.17	6.29	9.99	11.48
EPS Growth	-	-76.83%	26.05%	13.84%	1.95%	58.87%	14.88%
Forward PE	-	-	-	-	-	6.78	5.91
No. Analysts	-	-	-	-	-	13	12

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

Revenue Forecast

Revenue	2026	2027	2028	2029
High	9.0B	9.6B
Avg	8.5B	9.0B
Low	8.0B	8.3B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	9.7%	12.6%
Avg	4.3%	5.0%
Low	-1.9%	-2.8%

EPS Forecast

EPS	2026	2027	2028	2029
High	10.98	12.61
Avg	9.99	11.48
Low	9.21	10.44

EPS Growth

EPS Growth	2026	2027	2028	2029
High	74.6%	26.2%
Avg	58.9%	14.9%
Low	46.5%	4.5%

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.