Corebridge Financial (CRBG) Stock Forecast, Price Target & Predictions


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CRBG Stock Forecast


Corebridge Financial stock forecast is as follows: an average price target of $29.57 (represents a -6.87% downside from CRBG’s last price of $31.75) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

CRBG Price Target


The average price target for Corebridge Financial (CRBG) is $29.57 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $23.00. This represents a potential -6.87% downside from CRBG's last price of $31.75.

CRBG Analyst Ratings


Buy

According to 13 Wall Street analysts, Corebridge Financial's rating consensus is 'Buy'. The analyst rating breakdown for CRBG stock is 0 'Strong Buy' (0.00%), 8 'Buy' (61.54%), 5 'Hold' (38.46%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Corebridge Financial Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 04, 2024Alex ScottBarclays--15.87%3.94%
May 16, 2024Thomas GallagherEvercore ISI--0.46%7.09%
May 06, 2024John BarnidgePiper Sandler--19.17%10.24%
May 06, 2024Mark DwelleRBC Capital--15.06%3.94%
Apr 05, 2024Mark DwelleRBC Capital--13.88%0.79%
Apr 05, 2024John BarnidgePiper Sandler--21.00%7.09%
Jan 13, 2023Credit Suisse--9.00%-27.56%
Nov 17, 2022Morgan Stanley--17.99%-18.11%
Oct 10, 2022Nigel DallyMorgan Stanley--25.38%-21.26%
Oct 10, 2022Alex ScottGoldman Sachs--16.81%-27.56%
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The latest Corebridge Financial stock forecast, released on Sep 04, 2024 by Alex Scott from Barclays, set a price target of $33.00, which represents a 15.87% increase from the stock price at the time of the forecast ($28.48), and a 3.94% increase from CRBG last price ($31.75).

Corebridge Financial Price Target by Period


1M3M12M
# Anlaysts-16
Avg Price Target-$33.00$33.50
Last Closing Price$31.75$31.75$31.75
Upside/Downside-100.00%3.94%5.51%

In the current month, the average price target of Corebridge Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Corebridge Financial's last price of $31.75. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 08, 2024Cowen & Co.BuyInitialise
Oct 08, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 04, 2024BarclaysAbove AverageInitialise
Aug 19, 2024UBSBuyBuyHold
Aug 19, 2024RBC CapitalUnderperformUnderperformHold
Jul 09, 2024UBSBuyBuyHold
Jun 28, 2024Wells FargoEqual-WeightEqual-WeightHold
Jun 28, 2024Sandler O'NeillUnderperformUnderperformHold
Jun 28, 2024JefferiesBuyBuyHold
Jun 11, 2024CitigroupNeutralNeutralHold
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Corebridge Financial's last stock rating was published by Cowen & Co. on Oct 08, 2024. The company Initialise its CRBG rating from "null" to "Buy".

Corebridge Financial Financial Forecast


Corebridge Financial Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
Revenue-----------------$5.50B$5.76B$4.12B$3.79B$7.20B
Avg Forecast$7.97B$5.88B$5.59B$6.42B$6.70B$5.82B$5.55B$6.18B$6.38B$5.60B$5.28B$5.68B$6.03B$5.66B$5.46B$5.46B$5.52B$4.98B$4.86B$4.27B$5.29B$4.19B
High Forecast$8.72B$6.43B$6.11B$7.02B$7.33B$6.37B$6.07B$6.76B$6.98B$6.13B$5.77B$5.96B$6.93B$5.69B$5.68B$5.46B$6.14B$5.54B$5.32B$4.68B$5.79B$4.19B
Low Forecast$7.39B$5.45B$5.18B$5.94B$6.21B$5.39B$5.14B$5.73B$5.91B$5.19B$4.89B$5.41B$5.35B$5.62B$5.25B$5.46B$4.96B$4.50B$4.50B$3.96B$4.90B$4.19B
# Analysts2222222211145422442211
Surprise %-----------------1.11%1.18%0.96%0.72%1.72%

Corebridge Financial's average Quarter revenue forecast for Dec 23 based on 4 analysts is $5.52B, with a low forecast of $4.96B, and a high forecast of $6.14B. CRBG's average Quarter revenue forecast represents a 0.27% increase compared to the company's last Quarter revenue of $5.50B (Sep 23).

Corebridge Financial EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts2222222211145422442211
EBITDA-----------------$2.49B$931.00M$-398.00M$-675.00M$3.35B
Avg Forecast$1.68B$1.24B$1.18B$1.35B$1.41B$1.23B$1.17B$1.30B$1.35B$1.18B$1.11B$1.20B$1.27B$1.19B$1.15B$1.15B$1.17B$1.05B$1.03B$902.26M$1.12B$-392.60M
High Forecast$1.84B$1.36B$1.29B$1.48B$1.55B$1.34B$1.28B$1.43B$1.47B$1.29B$1.22B$1.26B$1.46B$1.20B$1.20B$1.15B$1.30B$1.17B$1.12B$987.28M$1.22B$-392.60M
Low Forecast$1.56B$1.15B$1.09B$1.26B$1.31B$1.14B$1.09B$1.21B$1.25B$1.10B$1.03B$1.14B$1.13B$1.19B$1.11B$1.15B$1.05B$950.36M$950.80M$836.01M$1.04B$-392.60M
Surprise %-----------------2.37%0.91%-0.44%-0.60%-8.54%

4 analysts predict CRBG's average Quarter EBITDA for Dec 23 to be $1.17B, with a high of $1.30B and a low of $1.05B. This is -53.25% lower than Corebridge Financial's previous annual EBITDA (Sep 23) of $2.49B.

Corebridge Financial Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts2222222211145422442211
Net Income-----------------$2.10B$771.00M$-453.00M$-527.00M$2.35B
Avg Forecast$1.12B$1.09B$1.05B$988.89M$989.47M$960.40M$928.05M$890.63M$859.94M$839.88M$806.19M$775.24M$738.34M$688.37M$640.70M$616.91M$569.34M$605.71M$546.58M$478.18M$406.60M$315.80M
High Forecast$1.26B$1.23B$1.18B$1.11B$1.11B$1.08B$1.04B$999.73M$965.27M$942.75M$904.94M$798.38M$779.03M$701.14M$641.96M$616.97M$592.34M$634.83M$613.53M$536.75M$456.40M$315.80M
Low Forecast$1.02B$987.73M$953.60M$894.49M$895.03M$868.73M$839.46M$805.62M$777.85M$759.71M$729.24M$752.09M$715.08M$675.59M$639.43M$616.84M$546.34M$582.41M$494.40M$432.53M$367.78M$315.80M
Surprise %-----------------3.47%1.41%-0.95%-1.30%7.44%

Corebridge Financial's average Quarter net income forecast for Dec 23 is $569.34M, with a range of $546.34M to $592.34M. CRBG's average Quarter net income forecast represents a -72.90% decrease compared to the company's last Quarter net income of $2.10B (Sep 23).

Corebridge Financial SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts2222222211145422442211
SG&A-------------------$582.00M$582.00M$578.00M
Avg Forecast$937.38M$691.06M$656.80M$754.29M$787.49M$684.01M$652.40M$726.59M$749.86M$658.83M$620.21M$667.78M$708.77M$665.09M$642.20M$642.20M$648.93M$585.05M$571.39M$502.41M$622.15M$492.17M
High Forecast$1.03B$756.18M$718.69M$825.37M$861.69M$748.46M$713.87M$795.05M$820.51M$720.91M$678.65M$701.17M$815.03M$669.18M$667.69M$642.20M$721.97M$651.43M$625.23M$549.75M$680.77M$492.17M
Low Forecast$868.56M$640.32M$608.58M$698.91M$729.67M$633.78M$604.49M$673.24M$694.80M$610.45M$574.67M$635.58M$629.08M$661.00M$616.72M$642.20M$583.08M$529.20M$529.44M$465.52M$576.47M$492.17M
Surprise %-------------------1.16%0.94%1.17%

Corebridge Financial's average Quarter SG&A projection for Jun 23 is $571.39M, based on 2 Wall Street analysts, with a range of $529.44M to $625.23M. The forecast indicates a -1.82% fall compared to CRBG last annual SG&A of $582.00M (Mar 23).

Corebridge Financial EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts2222222211145422442211
EPS-----------------$3.29$1.18$-0.70$-0.82$3.64
Avg Forecast$1.91$1.86$1.80$1.68$1.69$1.64$1.58$1.52$1.46$1.43$1.37$1.32$1.26$1.17$1.09$1.05$0.97$1.03$0.93$0.81$0.69$0.52
High Forecast$2.15$2.09$2.02$1.89$1.89$1.84$1.77$1.70$1.64$1.61$1.54$1.36$1.33$1.19$1.09$1.05$1.01$1.08$1.05$0.91$0.78$0.52
Low Forecast$1.73$1.68$1.62$1.52$1.52$1.48$1.43$1.37$1.32$1.29$1.24$1.28$1.22$1.15$1.09$1.05$0.93$0.99$0.84$0.74$0.63$0.52
Surprise %-----------------3.19%1.27%-0.86%-1.18%7.06%

According to 4 Wall Street analysts, Corebridge Financial's projected average Quarter EPS for Dec 23 is $0.97, with a low estimate of $0.93 and a high estimate of $1.01. This represents a -70.52% decrease compared to CRBG previous annual EPS of $3.29 (Sep 23).

Corebridge Financial Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TPVGTriplePoint Venture Growth BDC--30.72%Hold
GBDCGolub Capital BDC--14.38%Buy
CIONCION Investment--0.66%Hold
CGCarlyle Group---0.47%Buy
CRBGCorebridge Financial---6.87%Buy
OWLBlue Owl Capital---11.08%Buy
ARESAres Management---14.48%Buy
CNSCohen & Steers---15.39%Buy
BSIGBrightSphere Investment Group---16.05%Buy
FHIFederated Hermes---19.30%Buy
TCPCBlackRock TCP Capital---24.39%Hold
APOApollo Global Management---27.19%Buy
KKRKKR---31.43%Buy
TPGTPG---32.27%Buy
HLNEHamilton Lane---45.54%Hold

CRBG Forecast FAQ


Is Corebridge Financial a good buy?

Yes, according to 13 Wall Street analysts, Corebridge Financial (CRBG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 61.54% of CRBG's total ratings.

What is CRBG's price target?

Corebridge Financial (CRBG) average price target is $29.57 with a range of $23 to $35, implying a -6.87% from its last price of $31.75. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Corebridge Financial stock go up soon?

According to Wall Street analysts' prediction for CRBG stock, the company can go down by -6.87% (from the last price of $31.75 to the average price target of $29.57), up by 10.24% based on the highest stock price target, and down by -27.56% based on the lowest stock price target.

Can Corebridge Financial stock reach $50?

CRBG's average twelve months analyst stock price target of $29.57 does not support the claim that Corebridge Financial can reach $50 in the near future.

What are Corebridge Financial's analysts' financial forecasts?

Corebridge Financial's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $24.25B (high $26.53B, low $22.47B), average EBITDA is $5.12B (high $5.6B, low $4.74B), average net income is $3.77B (high $4.23B, low $3.41B), average SG&A $2.85B (high $3.12B, low $2.64B), and average EPS is $6.42 (high $7.21, low $5.81). CRBG's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $25.85B (high $28.29B, low $23.96B), average EBITDA is $5.46B (high $5.97B, low $5.06B), average net income is $4.26B (high $4.78B, low $3.85B), average SG&A $3.04B (high $3.33B, low $2.82B), and average EPS is $7.25 (high $8.14, low $6.56).

Did the CRBG's actual financial results beat the analysts' financial forecasts?

Based on Corebridge Financial's last annual report (Dec 2023), the company's revenue was $18.88B, which missed the average analysts forecast of $19.63B by -3.83%. Apple's EBITDA was $16.21B, beating the average prediction of $4.14B by 291.17%. The company's net income was $1.1B, missing the average estimation of $2.2B by -49.81%. Apple's SG&A was $0, missing the average forecast of $2.31B by -100.00%. Lastly, the company's EPS was $1.72, missing the average prediction of $3.75 by -54.10%. In terms of the last quarterly report (Sep 2023), Corebridge Financial's revenue was $5.5B, beating the average analysts' forecast of $4.98B by 10.62%. The company's EBITDA was $2.49B, beating the average prediction of $1.05B by 137.28%. Corebridge Financial's net income was $2.1B, beating the average estimation of $605.71M by 246.87%. The company's SG&A was $0, missing the average forecast of $585.05M by -100.00%. Lastly, the company's EPS was $3.29, beating the average prediction of $1.03 by 218.89%