Jefferies Financial Group (JEF) Stock Forecast, Price Target & Predictions
JEF Stock Forecast
Jefferies Financial Group stock forecast is as follows: an average price target of $59.60 (represents a -2.02% downside from JEF’s last price of $60.83) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
JEF Price Target
The average price target for Jefferies Financial Group (JEF) is $59.60 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $67.00 to $40.00. This represents a potential -2.02% downside from JEF's last price of $60.83.
JEF Analyst Ratings
According to 7 Wall Street analysts, Jefferies Financial Group's rating consensus is 'Buy'. The analyst rating breakdown for JEF stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Jefferies Financial Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 17, 2024 | Brennan Hawken | UBS | $67.00 | $62.03 | 8.01% | 10.14% |
| Sep 13, 2024 | Chris Kotowski | Oppenheimer | $66.00 | $57.56 | 14.66% | 8.50% |
| Sep 10, 2024 | James Yaro | Goldman Sachs | $66.00 | $56.31 | 17.21% | 8.50% |
| Jul 23, 2024 | Ryan Kenny | Morgan Stanley | $59.00 | $54.87 | 7.53% | -3.01% |
| Jun 28, 2024 | Chris Kotowski | Oppenheimer | $58.00 | $48.92 | 18.56% | -4.65% |
| Jun 14, 2024 | Chris Kotowski | Oppenheimer | $57.00 | $43.83 | 30.05% | -6.30% |
| Jun 11, 2024 | James Yaro | Goldman Sachs | $52.00 | $43.24 | 20.26% | -14.52% |
| Apr 30, 2024 | Chris Kotowski | Oppenheimer | $56.00 | $43.06 | 30.05% | -7.94% |
| Apr 02, 2024 | Chris Kotowski | Oppenheimer | $54.00 | $43.55 | 24.00% | -11.23% |
| Sep 06, 2023 | Chris Kotowski | Oppenheimer | $43.00 | $36.79 | 16.88% | -29.31% |
The latest Jefferies Financial Group stock forecast, released on Sep 17, 2024 by Brennan Hawken from UBS, set a price target of $67.00, which represents a 8.01% increase from the stock price at the time of the forecast ($62.03), and a 10.14% increase from JEF last price ($60.83).
Jefferies Financial Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 5 | 9 |
| Avg Price Target | $66.33 | $63.20 | $59.44 |
| Last Closing Price | $60.83 | $60.83 | $60.83 |
| Upside/Downside | 9.04% | 3.90% | -2.29% |
In the current month, the average price target of Jefferies Financial Group stock is $66.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 9.04% increase as opposed to Jefferies Financial Group's last price of $60.83. This month's average price target is up 4.95% compared to last quarter, and up 11.59% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 17, 2024 | UBS | - | Buy | Initialise |
| Sep 13, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 10, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jul 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jun 14, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Jun 11, 2024 | Goldman Sachs | Conviction Buy | Conviction Buy | Hold |
| Apr 30, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Apr 02, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 06, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 22, 2023 | Jefferies | Neutral | Buy | Upgrade |
Jefferies Financial Group's last stock rating was published by UBS on Sep 17, 2024. The company Initialise its JEF rating from "null" to "Buy".
Jefferies Financial Group Financial Forecast
Jefferies Financial Group Revenue Forecast
| Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $1.28B | $1.75B | - | - | $1.52B | $1.37B | - | - | - | $1.95B | - | $1.86B | $1.62B | $1.15B | $1.39B | $1.11B | $856.78M | $1.10B | - | - | - |
| Avg Forecast | $3.15B | $3.01B | $1.90B | $1.98B | $1.74B | $1.74B | $1.59B | $1.52B | $1.15B | $1.25B | $1.04B | $1.09B | $1.19B | $1.53B | $1.26B | $1.55B | $1.90B | $1.74B | $1.58B | $1.75B | $1.26B | $1.11B | $844.30M | $1.05B | $791.10M | $993.20M | $927.30M | $1.01B | $1.49B | $1.15B |
| High Forecast | $3.15B | $3.01B | $1.90B | $1.98B | $1.74B | $1.79B | $1.59B | $1.52B | $1.23B | $1.25B | $1.04B | $1.09B | $1.19B | $1.83B | $1.52B | $1.56B | $1.91B | $1.75B | $1.59B | $1.76B | $1.27B | $1.12B | $850.22M | $1.06B | $796.65M | $1.00B | $933.80M | $1.01B | $1.78B | $1.38B |
| Low Forecast | $3.15B | $3.01B | $1.90B | $1.98B | $1.74B | $1.69B | $1.59B | $1.52B | $1.06B | $1.25B | $1.04B | $1.09B | $1.19B | $1.22B | $1.01B | $1.54B | $1.89B | $1.73B | $1.57B | $1.74B | $1.25B | $1.11B | $839.66M | $1.05B | $786.75M | $987.74M | $922.21M | $1.00B | $1.19B | $921.51M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 6 | 6 | 13 | 7 | - | 1 | 1 | 1 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.68% | - | - | 1.00% | 1.08% | - | - | - | 1.24% | - | 1.48% | 1.45% | 1.36% | 1.32% | 1.40% | 0.86% | 1.19% | - | - | - |
Jefferies Financial Group's average Quarter revenue forecast for Dec 23 based on 2 analysts is $1.15B, with a low forecast of $1.06B, and a high forecast of $1.23B. JEF's average Quarter revenue forecast represents a -10.33% decrease compared to the company's last Quarter revenue of $1.28B (Aug 23).
Jefferies Financial Group EBITDA Forecast
| Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 6 | 6 | 13 | 7 | - | 1 | 1 | 1 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | $244.89M | $581.72M | - | - | $349.86M | $228.55M | - | - | - | $537.11M | - | $466.58M | $446.71M | $122.59M | $265.12M | $193.59M | $-19.14M | $198.09M | - | - | - |
| Avg Forecast | $813.98M | $776.90M | $490.83M | $512.68M | $448.48M | $449.29M | $411.60M | $329.97M | $297.42M | $324.02M | $268.63M | $299.97M | $307.28M | $375.55M | $266.31M | $272.70M | $490.33M | $341.41M | $270.78M | $491.79M | $346.54M | $518.32M | $779.25M | $192.11M | $189.16M | $70.55M | $239.63M | $98.21M | $306.67M | $672.65M |
| High Forecast | $813.98M | $776.90M | $490.83M | $512.68M | $448.48M | $462.28M | $411.60M | $395.96M | $317.58M | $324.02M | $268.63M | $359.96M | $307.28M | $450.66M | $319.57M | $327.24M | $588.39M | $409.69M | $324.94M | $590.15M | $415.85M | $621.98M | $935.10M | $230.53M | $226.99M | $84.66M | $241.31M | $117.85M | $368.01M | $807.18M |
| Low Forecast | $813.98M | $776.90M | $490.83M | $512.68M | $448.48M | $436.31M | $411.60M | $263.97M | $274.73M | $324.02M | $268.63M | $239.98M | $307.28M | $300.44M | $213.05M | $218.16M | $392.26M | $273.13M | $216.63M | $393.43M | $277.23M | $414.65M | $623.40M | $153.68M | $151.33M | $56.44M | $238.31M | $78.56M | $245.34M | $538.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.76% | 2.17% | - | - | 0.93% | 0.86% | - | - | - | 1.98% | - | 1.35% | 0.86% | 0.16% | 1.38% | 1.02% | -0.27% | 0.83% | - | - | - |
2 analysts predict JEF's average Quarter EBITDA for Dec 23 to be $297.42M, with a high of $317.58M and a low of $274.73M. This is 21.45% upper than Jefferies Financial Group's previous annual EBITDA (Aug 23) of $244.89M.
Jefferies Financial Group Net Income Forecast
| Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 6 | 6 | 13 | 7 | - | 1 | 1 | 1 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | $135.63M | $140.94M | - | - | $197.53M | $116.08M | - | - | - | $354.22M | - | $308.67M | $305.81M | $46.32M | $179.88M | $196.82M | $49.75M | $672.04M | - | - | - |
| Avg Forecast | $266.85M | $264.59M | $245.37M | $247.63M | $194.49M | $180.16M | $143.23M | $246.40M | $58.04M | $74.63M | $61.62M | $224.00M | $123.71M | $257.34M | $150.02M | $203.63M | $360.90M | $233.95M | $185.76M | $332.06M | $239.42M | $350.79M | $305.73M | $99.41M | $134.00M | $69.80M | $4.18B | $64.81M | $197.31M | $668.72M |
| High Forecast | $266.85M | $264.59M | $245.37M | $247.63M | $194.49M | $193.35M | $143.23M | $295.68M | $84.83M | $74.63M | $61.62M | $268.80M | $123.71M | $308.81M | $180.02M | $244.36M | $433.08M | $280.74M | $222.91M | $398.48M | $287.30M | $420.94M | $366.88M | $119.29M | $160.80M | $83.76M | $5.02B | $77.77M | $236.78M | $802.46M |
| Low Forecast | $266.85M | $264.59M | $245.37M | $247.63M | $194.49M | $164.78M | $143.23M | $197.12M | $31.26M | $74.63M | $61.62M | $179.20M | $123.71M | $205.87M | $120.01M | $162.91M | $288.72M | $187.16M | $148.61M | $265.65M | $191.53M | $280.63M | $244.59M | $79.52M | $107.20M | $55.84M | $3.35B | $51.85M | $157.85M | $534.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.82% | 2.29% | - | - | 0.77% | 0.77% | - | - | - | 1.91% | - | 1.29% | 0.87% | 0.15% | 1.81% | 1.47% | 0.71% | 0.16% | - | - | - |
Jefferies Financial Group's average Quarter net income forecast for Dec 23 is $58.04M, with a range of $31.26M to $84.83M. JEF's average Quarter net income forecast represents a -57.21% decrease compared to the company's last Quarter net income of $135.63M (Aug 23).
Jefferies Financial Group SG&A Forecast
| Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 6 | 6 | 13 | 7 | - | 1 | 1 | 1 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | $202.86M | $-218.77M | - | - | $398.22M | $328.28M | - | - | - | $341.56M | - | $294.29M | $237.71M | $249.12M | $297.84M | $290.73M | $268.74M | $229.06M | - | - | - |
| Avg Forecast | $516.67M | $493.13M | $311.55M | $325.42M | $284.67M | $285.18M | $261.26M | $213.30M | $188.78M | $205.67M | $170.51M | $193.91M | $195.04M | $174.32M | $424.24M | $176.28M | $428.19M | $158.47M | $179.12M | $154.61M | $228.26M | $272.67M | $138.49M | $258.73M | $197.95M | $377.03M | $152.10M | $310.93M | $249.48M | $217.69M |
| High Forecast | $516.67M | $493.13M | $311.55M | $325.42M | $284.67M | $293.43M | $261.26M | $255.96M | $201.58M | $205.67M | $170.51M | $232.69M | $195.04M | $209.19M | $509.09M | $211.54M | $513.83M | $190.17M | $214.94M | $185.53M | $273.91M | $327.20M | $139.46M | $310.47M | $237.54M | $452.44M | $153.17M | $373.12M | $299.38M | $261.22M |
| Low Forecast | $516.67M | $493.13M | $311.55M | $325.42M | $284.67M | $276.94M | $261.26M | $170.64M | $174.38M | $205.67M | $170.51M | $155.13M | $195.04M | $139.46M | $339.39M | $141.03M | $342.55M | $126.78M | $143.30M | $123.69M | $182.61M | $218.14M | $137.72M | $206.98M | $158.36M | $301.62M | $151.26M | $248.74M | $199.58M | $174.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | -1.28% | - | - | 2.28% | 0.77% | - | - | - | 1.91% | - | 1.29% | 0.87% | 1.80% | 1.15% | 1.47% | 0.71% | 1.51% | - | - | - |
Jefferies Financial Group's average Quarter SG&A projection for Dec 23 is $188.78M, based on 2 Wall Street analysts, with a range of $174.38M to $201.58M. The forecast indicates a -6.94% fall compared to JEF last annual SG&A of $202.86M (Aug 23).
Jefferies Financial Group EPS Forecast
| Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 6 | 6 | 13 | 7 | - | 1 | 1 | 1 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 5 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | $0.57 | $0.57 | - | - | $0.80 | $0.46 | - | - | - | $1.33 | - | $1.12 | $1.08 | $0.16 | $0.59 | $0.63 | $0.16 | $2.17 | - | - | - |
| Avg Forecast | $1.18 | $1.17 | $1.08 | $1.09 | $0.86 | $0.80 | $0.63 | $0.75 | $0.26 | $0.33 | $0.27 | $0.43 | $0.55 | $1.27 | $1.15 | $0.85 | $1.28 | $0.95 | $0.86 | $1.18 | $0.48 | $0.32 | $-0.03 | $0.21 | $0.58 | $0.30 | $0.21 | $0.21 | $0.58 | $1.73 |
| High Forecast | $1.18 | $1.17 | $1.08 | $1.09 | $0.86 | $0.85 | $0.63 | $0.75 | $0.38 | $0.33 | $0.27 | $0.43 | $0.55 | $1.27 | $1.17 | $0.85 | $1.29 | $0.96 | $0.87 | $1.19 | $0.48 | $0.32 | $-0.03 | $0.22 | $0.59 | $0.30 | $0.22 | $0.22 | $0.70 | $2.08 |
| Low Forecast | $1.18 | $1.17 | $1.08 | $1.09 | $0.86 | $0.73 | $0.63 | $0.75 | $0.14 | $0.33 | $0.27 | $0.43 | $0.55 | $1.27 | $1.14 | $0.84 | $1.27 | $0.94 | $0.85 | $1.17 | $0.47 | $0.32 | $-0.03 | $0.21 | $0.58 | $0.30 | $0.21 | $0.21 | $0.46 | $1.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.73% | 2.09% | - | - | 0.63% | 0.40% | - | - | - | 1.55% | - | 2.34% | 3.37% | -5.58% | 2.74% | 1.08% | 0.53% | 10.11% | - | - | - |
According to 2 Wall Street analysts, Jefferies Financial Group's projected average Quarter EPS for Dec 23 is $0.26, with a low estimate of $0.14 and a high estimate of $0.38. This represents a -54.97% decrease compared to JEF previous annual EPS of $0.57 (Aug 23).
Jefferies Financial Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LAZ | Lazard | $49.71 | $53.25 | 7.12% | Buy |
| JEF | Jefferies Financial Group | $60.83 | $59.60 | -2.02% | Buy |
| PWP | Perella Weinberg Partners | $18.86 | $15.50 | -17.82% | Buy |
| EVR | Evercore | $246.23 | $180.75 | -26.59% | Buy |
| MC | Moelis & Company | $69.28 | $47.00 | -32.16% | Buy |
| PJT | PJT Partners | $130.11 | $79.50 | -38.90% | Buy |
| PIPR | Piper Sandler Companies | $274.21 | $162.33 | -40.80% | Buy |
| HLI | Houlihan Lokey | $159.30 | $76.00 | -52.29% | Buy |
JEF Forecast FAQ
Is Jefferies Financial Group a good buy?
Yes, according to 7 Wall Street analysts, Jefferies Financial Group (JEF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of JEF's total ratings.
What is JEF's price target?
Jefferies Financial Group (JEF) average price target is $59.6 with a range of $40 to $67, implying a -2.02% from its last price of $60.83. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Jefferies Financial Group stock go up soon?
According to Wall Street analysts' prediction for JEF stock, the company can go down by -2.02% (from the last price of $60.83 to the average price target of $59.6), up by 10.14% based on the highest stock price target, and down by -34.24% based on the lowest stock price target.
Can Jefferies Financial Group stock reach $90?
JEF's average twelve months analyst stock price target of $59.6 does not support the claim that Jefferies Financial Group can reach $90 in the near future.
What is Jefferies Financial Group's current price target trend?
3 Wall Street analysts forecast a $66.33 price target for Jefferies Financial Group (JEF) this month, up 9.04% from its last price of $60.83. Compared to the last 3 and 12 months, the average price target increased by 3.90% and decreased by -2.29%, respectively.
Did the JEF's actual financial results beat the analysts' financial forecasts?
Based on Jefferies Financial Group's last annual report (Nov 2021), the company's revenue was $8.19B, beating the average analysts forecast of $6.96B by 17.56%. Apple's EBITDA was $2.51B, beating the average prediction of $1.59B by 57.18%. The company's net income was $1.67B, beating the average estimation of $1.11B by 50.48%. Apple's SG&A was $1.28B, beating the average forecast of $920.4M by 38.90%. Lastly, the company's EPS was $6.29, beating the average prediction of $4.27 by 47.40%. In terms of the last quarterly report (Aug 2023), Jefferies Financial Group's revenue was $1.28B, beating the average analysts' forecast of $1.25B by 2.36%. The company's EBITDA was $244.89M, missing the average prediction of $324.02M by -24.42%. Jefferies Financial Group's net income was $135.64M, beating the average estimation of $74.63M by 81.75%. The company's SG&A was $202.86M, missing the average forecast of $205.67M by -1.37%. Lastly, the company's EPS was $0.57, beating the average prediction of $0.33 by 72.73%