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 $135.32 (represents a -22.63% downside from DFS’s last price of $174.91) and a rating consensus of 'Hold', based on 15 wall street analysts offering a 1-year stock forecast.
DFS Price Target
The average price target for Discover Financial Services (DFS) is $135.32 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $161.00 to $104.00. This represents a potential -22.63% downside from DFS's last price of $174.91.
DFS Analyst Ratings
According to 15 Wall Street analysts, Discover Financial Services's rating consensus is 'Hold'. The analyst rating breakdown for DFS stock is 0 'Strong Buy' (0.00%), 7 'Buy' (46.67%), 8 'Hold' (53.33%), 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 |
|---|---|---|---|---|---|---|
| Oct 18, 2024 | Jon Arfstrom | RBC Capital | - | - | 7.01% | -7.95% |
| Jul 19, 2024 | James Fotheringham | Capital One Financial | - | - | -16.06% | -31.97% |
| Jun 25, 2024 | Mark DeVries | Deutsche Bank | - | - | 7.58% | -22.25% |
| Apr 19, 2024 | James Fotheringham | Capital One Financial | - | - | -8.64% | -34.25% |
| Apr 19, 2024 | John Hecht | Jefferies | - | - | 16.68% | -17.10% |
| Apr 17, 2024 | Kevin Barker | Piper Sandler | - | - | 20.15% | -17.10% |
| Apr 09, 2024 | Terry Ma | Barclays | - | - | -4.54% | -31.39% |
| Mar 21, 2024 | Saul Martinez | HSBC | - | - | 13.23% | -17.67% |
| Feb 08, 2024 | Betsy Graseck | Morgan Stanley | - | - | 22.20% | -23.96% |
| Jan 17, 2024 | Kevin Barker | Piper Sandler | - | - | 32.99% | -26.25% |
The latest Discover Financial Services stock forecast, released on Oct 18, 2024 by Jon Arfstrom from RBC Capital, set a price target of $161.00, which represents a 7.01% increase from the stock price at the time of the forecast ($150.46), and a -7.95% decrease from DFS last price ($174.91).
Discover Financial Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 11 |
| Avg Price Target | - | $161.00 | $159.73 |
| Last Closing Price | $174.91 | $174.91 | $174.91 |
| Upside/Downside | -100.00% | -7.95% | -8.68% |
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 $174.91. 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 |
|---|---|---|---|---|
| Oct 18, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 18, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Oct 17, 2024 | BTIG | Neutral | Neutral | Hold |
| 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 |
Discover Financial Services's last stock rating was published by RBC Capital on Oct 18, 2024. The company gave DFS a "Sector 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 | Jun 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 | $3.22B | $2.90B | $2.94B | $2.78B | $3.58B | $2.79B | $2.82B | $2.71B | $2.66B | $2.89B | $2.94B | $2.90B |
| Avg Forecast | $4.52B | $4.41B | $4.30B | $4.24B | $4.36B | $4.27B | $4.23B | $4.19B | $4.43B | $4.35B | $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 | $4.90B | $4.79B | $4.66B | $4.59B | $4.73B | $4.63B | $4.59B | $4.38B | $4.99B | $4.38B | $4.18B | $4.07B | $4.19B | $4.29B | $4.21B | $4.02B | $3.98B | $3.63B | $3.42B | $3.21B | $3.22B | $3.11B | $3.12B | $2.98B | $3.00B | $2.86B | $2.85B | $3.10B | $3.17B | $3.10B |
| Low Forecast | $4.34B | $4.24B | $4.13B | $4.07B | $4.19B | $4.10B | $4.07B | $4.02B | $4.20B | $4.32B | $4.18B | $4.07B | $3.97B | $3.80B | $3.73B | $3.56B | $3.53B | $3.22B | $3.03B | $2.84B | $2.86B | $2.75B | $2.76B | $2.64B | $2.66B | $2.53B | $2.53B | $2.75B | $2.81B | $2.75B |
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 8 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.02% | 1.03% | 1.01% | 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 $3.80B, and a high forecast of $4.29B. 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 8 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.17B | $2.21B | $2.28B | $1.98B | $1.90B | $2.01B | $1.76B | $1.81B | $2.64B | $2.51B | $1.52B | $1.49B | $144.00M | $629.00M | $1.66B | $1.75B |
| Avg Forecast | $1.70B | $1.66B | $1.62B | $1.59B | $1.64B | $1.60B | $1.59B | $1.58B | $1.66B | $1.63B | $1.57B | $2.34B | $1.54B | $1.49B | $1.46B | $2.13B | $1.96B | $1.21B | $1.14B | $1.68B | $1.08B | $1.04B | $1.04B | $1.85B | $1.00B | $954.02M | $951.50M | $1.31B | $1.06B | $1.04B |
| High Forecast | $1.84B | $1.80B | $1.75B | $1.73B | $1.78B | $1.74B | $1.73B | $1.65B | $1.88B | $1.65B | $1.57B | $2.81B | $1.57B | $1.61B | $1.58B | $2.55B | $2.35B | $1.30B | $1.23B | $2.02B | $1.16B | $1.11B | $1.12B | $2.21B | $1.08B | $1.03B | $1.02B | $1.58B | $1.14B | $1.11B |
| Low Forecast | $1.63B | $1.59B | $1.55B | $1.53B | $1.57B | $1.54B | $1.53B | $1.51B | $1.58B | $1.62B | $1.57B | $1.87B | $1.49B | $1.43B | $1.40B | $1.70B | $1.57B | $1.16B | $1.09B | $1.34B | $1.03B | $988.09M | $991.37M | $1.48B | $955.84M | $909.85M | $907.45M | $1.05B | $1.01B | $987.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 1.04% | 1.16% | 1.63% | 1.66% | 1.20% | 1.64% | 1.75% | 2.54% | 1.36% | 1.52% | 1.56% | 0.15% | 0.48% | 1.57% | 1.69% |
8 analysts predict DFS's average Quarter EBITDA for Sep 23 to be $1.49B, with a high of $1.61B and a low of $1.43B. This is 27.18% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 8 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $901.00M | $976.00M | $1.03B | $1.01B | $1.11B | $1.24B | $1.07B | $1.09B | $1.70B | $1.59B | $799.00M | $771.00M | $-368.00M | $-61.00M | $708.00M | $770.00M |
| Avg Forecast | $946.52M | $951.61M | $917.48M | $962.27M | $752.10M | $804.01M | $826.24M | $821.09M | $777.07M | $874.35M | $778.96M | $1.44B | $625.70M | $796.20M | $922.33M | $1.31B | $1.19B | $932.52M | $945.63M | $1.04B | $934.90M | $879.86M | $1.03B | $1.17B | $608.17M | $389.76M | $-31.62M | $-127.40M | $561.98M | $573.53M |
| High Forecast | $1.05B | $1.06B | $1.02B | $1.07B | $834.92M | $892.54M | $917.22M | $1.07B | $1.01B | $875.92M | $779.01M | $1.73B | $840.94M | $883.88M | $1.02B | $1.57B | $1.42B | $1.02B | $1.04B | $1.24B | $1.03B | $966.81M | $1.13B | $1.40B | $668.27M | $428.28M | $-29.71M | $-101.92M | $617.52M | $630.21M |
| Low Forecast | $898.99M | $903.83M | $871.41M | $913.95M | $714.34M | $763.63M | $784.75M | $638.91M | $574.97M | $872.78M | $778.91M | $1.15B | $500.56M | $756.23M | $876.02M | $1.05B | $949.17M | $876.39M | $888.72M | $828.91M | $878.63M | $826.90M | $969.47M | $935.42M | $571.56M | $366.30M | $-34.74M | $-152.88M | $528.16M | $539.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.74% | 0.87% | 1.08% | 1.17% | 1.20% | 1.14% | 1.24% | 1.65% | 1.36% | 1.31% | 1.98% | 11.64% | 0.48% | 1.26% | 1.34% |
Discover Financial Services's average Quarter net income forecast for Sep 23 is $796.20M, with a range of $756.23M to $883.88M. 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 8 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $856.00M | $866.00M | $886.00M | $827.00M | $769.00M | $692.00M | $770.00M | $693.00M | $673.00M | $660.00M | $663.00M | $611.00M | $581.00M | $812.00M | $1.00B | $765.00M |
| Avg Forecast | $1.27B | $1.24B | $1.21B | $1.19B | $1.23B | $1.20B | $1.19B | $1.18B | $1.25B | $1.23B | $1.18B | $803.32M | $1.16B | $1.11B | $1.09B | $730.29M | $856.21M | $744.37M | $701.03M | $577.30M | $660.91M | $636.64M | $638.76M | $484.44M | $615.86M | $586.23M | $584.68M | $1.70B | $650.35M | $636.22M |
| High Forecast | $1.38B | $1.35B | $1.31B | $1.29B | $1.33B | $1.30B | $1.29B | $1.23B | $1.41B | $1.23B | $1.18B | $963.98M | $1.18B | $1.21B | $1.19B | $876.35M | $1.03B | $800.95M | $754.33M | $692.76M | $711.15M | $685.04M | $687.32M | $581.33M | $662.68M | $630.80M | $629.13M | $2.03B | $699.79M | $684.59M |
| Low Forecast | $1.22B | $1.20B | $1.16B | $1.15B | $1.18B | $1.16B | $1.15B | $1.13B | $1.18B | $1.22B | $1.18B | $642.65M | $1.12B | $1.07B | $1.05B | $584.23M | $684.97M | $709.90M | $668.58M | $461.84M | $630.31M | $607.17M | $609.18M | $387.56M | $587.35M | $559.09M | $557.61M | $1.36B | $620.24M | $606.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 1.19% | 1.03% | 1.11% | 1.10% | 1.20% | 1.17% | 1.09% | 1.05% | 1.36% | 1.08% | 1.04% | 0.99% | 0.48% | 1.55% | 1.20% |
Discover Financial Services's average Quarter SG&A projection for Sep 23 is $1.11B, based on 8 Wall Street analysts, with a range of $1.07B to $1.21B. The forecast indicates a 30.17% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 8 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.54 | $3.58 | $3.77 | $3.54 | $3.96 | $4.23 | $3.67 | $3.54 | $5.56 | $5.04 | $2.59 | $2.45 | $-1.20 | $-0.20 | $2.25 | $2.36 |
| Avg Forecast | $3.77 | $3.79 | $3.66 | $3.83 | $3.00 | $3.20 | $3.29 | $3.27 | $3.10 | $3.48 | $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 | $4.19 | $4.21 | $4.06 | $4.26 | $3.33 | $3.56 | $3.65 | $4.25 | $4.03 | $3.49 | $3.10 | $2.97 | $3.35 | $3.52 | $4.08 | $4.35 | $4.05 | $4.08 | $4.14 | $3.96 | $4.09 | $3.85 | $4.52 | $3.11 | $2.66 | $1.71 | $-0.12 | $0.79 | $2.46 | $2.51 |
| Low Forecast | $3.58 | $3.60 | $3.47 | $3.64 | $2.85 | $3.04 | $3.13 | $2.55 | $2.29 | $3.48 | $3.10 | $2.96 | $1.99 | $3.01 | $3.49 | $3.72 | $3.46 | $3.49 | $3.54 | $3.38 | $3.50 | $3.29 | $3.86 | $2.66 | $2.28 | $1.46 | $-0.14 | $0.67 | $2.10 | $2.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.91% | 1.03% | 0.95% | 1.05% | 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 $3.01 and a high estimate of $3.52. 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 |
|---|---|---|---|---|---|
| WU | Western Union Company | - | - | 66.57% | Hold |
| PYPL | PayPal | - | - | 28.25% | Buy |
| ALLY | Ally Financial | - | - | 22.26% | Buy |
| V | Visa | - | - | -4.60% | Buy |
| MA | Mastercard | - | - | -5.49% | Buy |
| COF | Capital One Financial | - | - | -7.10% | Hold |
| BFH | Bread Financial | - | - | -16.27% | Buy |
| SYF | Synchrony Financial | - | - | -17.10% | Buy |
| DFS | Discover Financial Services | - | - | -22.63% | Hold |
| AXP | American Express Company | - | - | -27.40% | Hold |
| UPST | Upstart | - | - | -43.05% | Hold |