Discover Financial Services (DFS) Stock Forecast, Price Target & Predictions
DFS Stock Forecast
Discover Financial Services stock forecast is as follows: an average price target of $133.89 (represents a 4.05% upside from DFS’s last price of $128.68) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
DFS Price Target
The average price target for Discover Financial Services (DFS) is $133.89 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $157.00 to $104.00. This represents a potential 4.05% upside from DFS's last price of $128.68.
DFS Analyst Ratings
According to 14 Wall Street analysts, Discover Financial Services's rating consensus is 'Buy'. The analyst rating breakdown for DFS stock is 0 'Strong Buy' (0.00%), 7 'Buy' (50.00%), 7 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Discover Financial Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 19, 2024 | James Fotheringham | Capital One Financial | $119.00 | $141.77 | -16.06% | -7.52% |
| Jun 25, 2024 | Mark DeVries | Deutsche Bank | $136.00 | $126.42 | 7.58% | 5.69% |
| Apr 19, 2024 | James Fotheringham | Capital One Financial | $115.00 | $125.88 | -8.64% | -10.63% |
| Apr 19, 2024 | John Hecht | Jefferies | $145.00 | $124.27 | 16.68% | 12.68% |
| Apr 17, 2024 | Kevin Barker | Piper Sandler | $145.00 | $120.69 | 20.15% | 12.68% |
| Apr 09, 2024 | Terry Ma | Barclays | $120.00 | $125.71 | -4.54% | -6.75% |
| Mar 21, 2024 | Saul Martinez | HSBC | $144.00 | $127.18 | 13.23% | 11.91% |
| Feb 08, 2024 | Betsy Graseck | Morgan Stanley | $133.00 | $108.84 | 22.20% | 3.36% |
| Jan 17, 2024 | Kevin Barker | Piper Sandler | $129.00 | $97.00 | 32.99% | 0.25% |
| Jan 17, 2024 | Meng Jiao | Deutsche Bank | $410.00 | $97.00 | 322.68% | 218.62% |
The latest Discover Financial Services stock forecast, released on Jul 19, 2024 by James Fotheringham from Capital One Financial, set a price target of $119.00, which represents a -16.06% decrease from the stock price at the time of the forecast ($141.77), and a -7.52% decrease from DFS last price ($128.68).
Discover Financial Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 10 |
| Avg Price Target | - | $127.50 | $159.60 |
| Last Closing Price | $128.68 | $128.68 | $128.68 |
| Upside/Downside | -100.00% | -0.92% | 24.03% |
In the current month, the average price target of Discover Financial Services stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Discover Financial Services's last price of $128.68. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 19, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jul 09, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 09, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 25, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Jun 06, 2024 | BTIG | - | Neutral | Initialise |
| Apr 19, 2024 | Jefferies | Buy | Buy | Hold |
| Apr 19, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 18, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Apr 17, 2024 | Wolfe Research | Outperform | Peer Perform | Downgrade |
| Apr 17, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Discover Financial Services's last stock rating was published by BMO Capital on Jul 19, 2024. The company gave DFS a "Market Perform" rating, the same as its previous rate.
Discover Financial Services Financial Forecast
Discover Financial Services Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.88B | $3.75B | $3.73B | $3.48B | - | $2.90B | $2.94B | $2.78B | $3.58B | $2.79B | $2.82B | $2.71B | $2.66B | $2.89B | $2.94B | $2.90B |
| Avg Forecast | $4.36B | $4.25B | $4.06B | $3.97B | $4.29B | $4.21B | $4.20B | $4.19B | $4.43B | $4.41B | $4.18B | $4.07B | $4.11B | $3.95B | $3.88B | $3.70B | $3.67B | $3.37B | $3.18B | $2.98B | $3.00B | $2.89B | $2.90B | $2.77B | $2.79B | $2.66B | $2.65B | $2.88B | $2.95B | $2.88B |
| High Forecast | $4.58B | $4.47B | $4.26B | $4.17B | $4.51B | $4.42B | $4.41B | $4.41B | $4.65B | $4.61B | $4.39B | $4.28B | $4.19B | $4.15B | $4.08B | $3.89B | $3.85B | $3.54B | $3.18B | $3.06B | $3.08B | $2.97B | $2.98B | $2.85B | $2.87B | $2.73B | $2.72B | $2.96B | $3.03B | $2.96B |
| Low Forecast | $4.22B | $4.11B | $3.93B | $3.84B | $4.15B | $4.07B | $4.06B | $4.06B | $4.28B | $4.27B | $4.04B | $3.94B | $3.97B | $3.83B | $3.76B | $3.58B | $3.55B | $3.26B | $3.18B | $2.89B | $2.90B | $2.80B | $2.81B | $2.69B | $2.71B | $2.58B | $2.57B | $2.79B | $2.86B | $2.79B |
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 10 | 15 | 8 | 6 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.02% | 1.03% | - | 0.97% | 0.98% | 0.96% | 1.24% | 1.01% | 1.01% | 1.02% | 1.00% | 1.00% | 1.00% | 1.01% |
Discover Financial Services's average Quarter revenue forecast for Sep 23 based on 8 analysts is $3.95B, with a low forecast of $3.83B, and a high forecast of $4.15B. DFS's average Quarter revenue forecast represents a 1.98% increase compared to the company's last Quarter revenue of $3.88B (Jun 23).
Discover Financial Services EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 10 | 15 | 8 | 6 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.17B | $2.21B | $2.28B | $1.98B | - | $2.01B | $1.76B | $1.81B | $2.64B | $2.51B | $1.52B | $1.49B | $144.00M | $629.00M | $1.66B | $1.75B |
| Avg Forecast | $1.57B | $1.53B | $1.46B | $1.43B | $1.54B | $1.51B | $1.51B | $1.51B | $1.59B | $1.58B | $1.50B | $2.34B | $1.47B | $1.42B | $1.39B | $2.13B | $1.32B | $1.99B | $1.14B | $1.68B | $1.78B | $1.80B | $1.43B | $1.85B | $1.41B | $704.40M | $296.23M | $1.31B | $1.65B | $1.68B |
| High Forecast | $1.64B | $1.60B | $1.53B | $1.50B | $1.62B | $1.59B | $1.58B | $1.58B | $1.67B | $1.66B | $1.57B | $2.81B | $1.50B | $1.49B | $1.46B | $2.55B | $1.38B | $2.38B | $1.14B | $2.02B | $2.14B | $2.17B | $1.71B | $2.21B | $1.70B | $845.28M | $355.47M | $1.58B | $1.98B | $2.02B |
| Low Forecast | $1.51B | $1.48B | $1.41B | $1.38B | $1.49B | $1.46B | $1.46B | $1.46B | $1.54B | $1.53B | $1.45B | $1.87B | $1.42B | $1.37B | $1.35B | $1.70B | $1.27B | $1.59B | $1.14B | $1.34B | $1.43B | $1.44B | $1.14B | $1.48B | $1.13B | $563.52M | $236.98M | $1.05B | $1.32B | $1.35B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.04% | 1.73% | 1.00% | - | 1.20% | 0.99% | 1.00% | 1.85% | 1.36% | 1.08% | 2.12% | 0.49% | 0.48% | 1.00% | 1.04% |
8 analysts predict DFS's average Quarter EBITDA for Sep 23 to be $1.42B, with a high of $1.49B and a low of $1.37B. This is 21.44% upper than Discover Financial Services's previous annual EBITDA (Jun 23) of $1.17B.
Discover Financial Services Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 10 | 15 | 8 | 6 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $901.00M | $976.00M | $1.03B | $1.01B | - | $1.24B | $1.07B | $1.09B | $1.70B | $1.59B | $799.00M | $771.00M | $-368.00M | $-61.00M | $708.00M | $770.00M |
| Avg Forecast | $973.94M | $937.97M | $905.07M | $923.55M | $747.31M | $833.40M | $790.36M | $852.65M | $676.67M | $863.46M | $778.96M | $1.44B | $625.70M | $796.20M | $922.33M | $1.31B | $915.33M | $1.20B | $941.87M | $1.04B | $1.08B | $1.09B | $918.67M | $1.17B | $742.87M | $364.25M | $-757.03M | $-127.40M | $704.84M | $742.98M |
| High Forecast | $1.04B | $999.29M | $964.24M | $983.92M | $796.17M | $887.88M | $842.03M | $908.39M | $720.90M | $1.38B | $829.88M | $1.73B | $840.94M | $848.25M | $982.63M | $1.57B | $975.17M | $1.44B | $941.87M | $1.24B | $1.29B | $1.31B | $1.10B | $1.40B | $891.45M | $437.10M | $-605.62M | $-101.92M | $845.81M | $891.58M |
| Low Forecast | $932.49M | $898.06M | $866.56M | $884.25M | $715.51M | $797.93M | $756.73M | $816.36M | $647.87M | $735.73M | $745.81M | $1.15B | $500.56M | $762.32M | $883.09M | $1.05B | $876.38M | $957.36M | $941.87M | $828.91M | $862.88M | $870.33M | $734.94M | $935.42M | $594.30M | $291.40M | $-908.43M | $-152.88M | $563.87M | $594.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.74% | 1.13% | 0.84% | - | 1.20% | 0.99% | 1.00% | 1.85% | 1.36% | 1.08% | 2.12% | 0.49% | 0.48% | 1.00% | 1.04% |
Discover Financial Services's average Quarter net income forecast for Sep 23 is $796.20M, with a range of $762.32M to $848.25M. DFS's average Quarter net income forecast represents a -11.63% decrease compared to the company's last Quarter net income of $901.00M (Jun 23).
Discover Financial Services SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 10 | 15 | 8 | 6 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $856.00M | $866.00M | $886.00M | $827.00M | - | $692.00M | $770.00M | $693.00M | $673.00M | $660.00M | $663.00M | $611.00M | $581.00M | $812.00M | $1.00B | $765.00M |
| Avg Forecast | $961.72M | $938.34M | $895.11M | $876.14M | $946.30M | $928.73M | $926.93M | $925.15M | $976.21M | $972.40M | $921.04M | $803.32M | $905.56M | $872.37M | $856.91M | $730.29M | $809.14M | $760.14M | $701.03M | $577.30M | $778.37M | $691.04M | $364.11M | $484.44M | $616.43M | $288.66M | $1.20B | $1.70B | $1.00B | $738.16M |
| High Forecast | $1.01B | $985.53M | $940.12M | $920.20M | $993.88M | $975.43M | $973.54M | $971.67M | $1.03B | $1.02B | $967.36M | $963.98M | $923.23M | $916.24M | $900.00M | $876.35M | $849.83M | $912.17M | $701.03M | $692.76M | $934.04M | $829.24M | $436.94M | $581.33M | $739.71M | $346.39M | $1.43B | $2.03B | $1.20B | $885.79M |
| Low Forecast | $930.24M | $907.63M | $865.81M | $847.46M | $915.32M | $898.32M | $896.58M | $894.87M | $944.26M | $941.18M | $890.89M | $642.65M | $874.64M | $843.82M | $828.86M | $584.23M | $782.65M | $608.11M | $701.03M | $461.84M | $622.70M | $552.83M | $291.29M | $387.56M | $493.14M | $230.93M | $956.16M | $1.36B | $800.41M | $590.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.19% | 1.09% | 1.09% | - | 1.20% | 0.99% | 1.00% | 1.85% | 1.36% | 1.08% | 2.12% | 0.49% | 0.48% | 1.00% | 1.04% |
Discover Financial Services's average Quarter SG&A projection for Sep 23 is $872.37M, based on 8 Wall Street analysts, with a range of $843.82M to $916.24M. The forecast indicates a 1.91% rise compared to DFS last annual SG&A of $856.00M (Jun 23).
Discover Financial Services EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 10 | 15 | 8 | 6 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.54 | $3.58 | $3.77 | $3.54 | - | $4.23 | $3.67 | $3.54 | $5.56 | $5.04 | $2.59 | $2.45 | $-1.20 | $-0.20 | $2.25 | $2.36 |
| Avg Forecast | $3.88 | $3.74 | $3.61 | $3.68 | $2.98 | $3.32 | $3.15 | $3.40 | $2.70 | $3.44 | $3.10 | $2.96 | $2.49 | $3.17 | $3.67 | $3.92 | $3.65 | $3.72 | $3.77 | $3.60 | $3.72 | $3.51 | $4.11 | $2.83 | $2.42 | $1.55 | $-0.13 | $0.72 | $2.24 | $2.28 |
| High Forecast | $4.13 | $3.98 | $3.84 | $3.92 | $3.17 | $3.54 | $3.35 | $3.62 | $2.87 | $5.52 | $3.31 | $3.16 | $3.35 | $3.38 | $3.91 | $4.17 | $3.89 | $3.96 | $3.77 | $3.73 | $3.86 | $3.63 | $4.26 | $2.93 | $2.51 | $1.61 | $-0.12 | $0.74 | $2.32 | $2.37 |
| Low Forecast | $3.72 | $3.58 | $3.45 | $3.52 | $2.85 | $3.18 | $3.01 | $3.25 | $2.58 | $2.93 | $2.97 | $2.84 | $1.99 | $3.04 | $3.52 | $3.75 | $3.49 | $3.56 | $3.77 | $3.45 | $3.57 | $3.36 | $3.94 | $2.72 | $2.33 | $1.49 | $-0.13 | $0.69 | $2.15 | $2.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.91% | 1.03% | 0.95% | - | 1.17% | 0.99% | 1.01% | 1.35% | 1.78% | 1.07% | 1.58% | 9.53% | -0.28% | 1.00% | 1.03% |
According to 8 Wall Street analysts, Discover Financial Services's projected average Quarter EPS for Sep 23 is $3.17, with a low estimate of $3.04 and a high estimate of $3.38. This represents a -10.39% decrease compared to DFS previous annual EPS of $3.54 (Jun 23).
Discover Financial Services Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PYPL | PayPal | $68.89 | $109.18 | 58.48% | Buy |
| WU | Western Union Company | $12.15 | $18.09 | 48.89% | Hold |
| COF | Capital One Financial | $139.00 | $167.58 | 20.56% | Hold |
| ALLY | Ally Financial | $39.56 | $46.06 | 16.43% | Buy |
| SYF | Synchrony Financial | $47.41 | $51.94 | 9.55% | Buy |
| DFS | Discover Financial Services | $128.68 | $133.89 | 4.05% | Buy |
| V | Visa | $279.37 | $289.33 | 3.57% | Buy |
| MA | Mastercard | $476.12 | $467.39 | -1.83% | Buy |
| UPST | Upstart | $34.40 | $33.11 | -3.75% | Hold |
| BFH | Bread Financial | $55.52 | $47.25 | -14.90% | Buy |
| AXP | American Express Company | $244.06 | $204.41 | -16.25% | Hold |
DFS Forecast FAQ
Is Discover Financial Services a good buy?
Yes, according to 14 Wall Street analysts, Discover Financial Services (DFS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 50.00% of DFS's total ratings.
What is DFS's price target?
Discover Financial Services (DFS) average price target is $133.89 with a range of $104 to $157, implying a 4.05% from its last price of $128.68. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Discover Financial Services stock go up soon?
According to Wall Street analysts' prediction for DFS stock, the company can go up by 4.05% (from the last price of $128.68 to the average price target of $133.89), up by 22.01% based on the highest stock price target, and down by -19.18% based on the lowest stock price target.
Can Discover Financial Services stock reach $200?
DFS's average twelve months analyst stock price target of $133.89 does not support the claim that Discover Financial Services can reach $200 in the near future.
What are Discover Financial Services's analysts' financial forecasts?
Discover Financial Services's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $16.9B (high $17.75B, low $16.34B), average EBITDA is $6.07B (high $6.37B, low $5.87B), average net income is $3.22B (high $3.43B, low $3.09B), average SG&A $3.73B (high $3.91B, low $3.61B), and average EPS is $12.84 (high $13.68, low $12.3). DFS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $16.64B (high $17.48B, low $16.1B), average EBITDA is $5.97B (high $6.28B, low $5.78B), average net income is $3.74B (high $3.99B, low $3.58B), average SG&A $3.67B (high $3.86B, low $3.55B), and average EPS is $14.9 (high $15.88, low $14.27).
Did the DFS's actual financial results beat the analysts' financial forecasts?
Based on Discover Financial Services's last annual report (Dec 2022), the company's revenue was $13.34B, beating the average analysts forecast of $13.2B by 1.01%. Apple's EBITDA was $8.17B, beating the average prediction of $6.12B by 33.39%. The company's net income was $4.39B, beating the average estimation of $4.09B by 7.38%. Apple's SG&A was $3.17B, beating the average forecast of $2.85B by 11.46%. Lastly, the company's EPS was $14.31, missing the average prediction of $14.73 by -2.85%. In terms of the last quarterly report (Jun 2023), Discover Financial Services's revenue was $3.88B, missing the average analysts' forecast of $3.88B by -0.18%. The company's EBITDA was $1.17B, missing the average prediction of $1.39B by -16.17%. Discover Financial Services's net income was $901M, missing the average estimation of $922.33M by -2.31%. The company's SG&A was $856M, missing the average forecast of $856.91M by -0.11%. Lastly, the company's EPS was $3.54, missing the average prediction of $3.67 by -3.66%