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Lincoln National (LNC) Stock Forecast, Price Target & Predictions

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LNC Stock Forecast

Lincoln National stock forecast is as follows: an average price target of $52.36 (represents a 52.79% upside from LNC’s last price of $34.27) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.

LNC Price Target

The average price target for Lincoln National (LNC) is $52.36 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $82.00 to $24.00. This represents a potential 52.79% upside from LNC's last price of $34.27.

LNC Analyst Ratings

Hold

According to 13 Wall Street analysts, Lincoln National's rating consensus is 'Hold'. The analyst rating breakdown for LNC stock is 0 'Strong Buy' (0.00%), 3 'Buy' (23.08%), 10 'Hold' (76.92%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Lincoln National Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 18, 2024Devin McDermottMorgan Stanley$24.00$33.40-28.14%-29.97%
Oct 08, 2024Alex ScottNational Bank$36.00$31.1215.68%5.05%
Sep 04, 2024Alex ScottNational Bank$35.00$31.4711.22%2.13%
Jun 28, 2024Suneet KamathNational Bank$38.00$31.2421.64%10.88%
May 22, 2024Suneet KamathNational Bank$34.00$30.6710.86%-0.79%
May 06, 2024John BarnidgePiper Sandler$30.00$28.824.09%-12.46%
Apr 11, 2024Catherine SeifertNational Bank$31.00$29.315.77%-9.54%
Apr 05, 2024John BarnidgePiper Sandler$32.00$30.724.17%-6.62%
Feb 12, 2024Suneet KamathNational Bank$26.00$27.35-4.94%-24.13%
Jan 10, 2023-Morgan Stanley$40.00$30.6630.46%16.72%
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The latest Lincoln National stock forecast, released on Oct 18, 2024 by Devin McDermott from Morgan Stanley, set a price target of $24.00, which represents a -28.14% decrease from the stock price at the time of the forecast ($33.40), and a -29.97% decrease from LNC last price ($34.27).

Lincoln National Price Target by Period

1M3M12M
# Anlaysts-39
Avg Price Target-$31.67$31.78
Last Closing Price$34.27$34.27$34.27
Upside/Downside-100.00%-7.59%-7.27%

In the current month, the average price target of Lincoln National stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lincoln National's last price of $34.27. 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 18, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 08, 2024Cowen & Co.-HoldInitialise
Oct 08, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 04, 2024BarclaysUnderweightEqual-WeightInitialise
Jun 28, 2024JefferiesBuyBuyHold
Jun 28, 2024Piper SandlerNeutralNeutralHold
May 22, 2024JefferiesHoldBuyUpgrade
May 06, 2024Piper SandlerNeutralNeutralHold
Apr 11, 2024CFRAHoldHoldHold
Apr 05, 2024Piper SandlerNeutralNeutralHold
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Lincoln National's last stock rating was published by Wells Fargo on Oct 18, 2024. The company gave LNC a "Equal-Weight" rating, the same as its previous rate.

Lincoln National Financial Forecast

Lincoln National Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$-109.00M$489.00M$3.81B$3.84B$4.80B$5.10B$4.69B$4.60B$5.24B$4.85B$4.53B$4.13B$5.36B
Avg Forecast$5.23B$5.18B$5.13B$5.10B$4.99B$4.98B$4.94B$4.90B$4.83B$4.80B$4.77B$4.75B$4.68B$4.61B$4.61B$4.58B$4.38B$4.72B$4.65B$4.59B$4.59B$4.39B$4.57B$4.80B$4.70B$4.81B$4.76B$4.76B$4.59B$4.59B
High Forecast$5.30B$5.25B$5.21B$5.17B$5.06B$5.05B$5.01B$4.97B$4.90B$4.87B$4.84B$4.83B$4.75B$4.61B$4.61B$4.58B$4.64B$4.79B$4.71B$4.65B$4.65B$4.39B$4.57B$4.80B$4.70B$4.81B$4.76B$4.76B$4.59B$4.59B
Low Forecast$5.15B$5.10B$5.06B$5.03B$4.92B$4.91B$4.87B$4.83B$4.77B$4.73B$4.71B$4.67B$4.62B$4.60B$4.61B$4.58B$3.76B$4.57B$4.58B$4.52B$4.52B$4.39B$4.57B$4.80B$4.70B$4.81B$4.76B$4.76B$4.59B$4.59B
# Analysts222222221114544458544343545455
Surprise %------------------0.02%0.11%0.83%0.84%1.09%1.12%0.98%0.98%1.09%1.02%0.95%0.90%1.17%

Lincoln National's average Quarter revenue forecast for Dec 23 based on 5 analysts is $4.38B, with a low forecast of $3.76B, and a high forecast of $4.64B. LNC's average Quarter revenue forecast represents a -4119.66% decrease compared to the company's last Quarter revenue of $-109.00M (Sep 23).

Lincoln National EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114544458544343545455
EBITDA-----------------$1.02B$775.00M$-1.09B$43.00M$-3.07B$337.00M$158.00M$302.00M$441.00M$837.00M$327.00M$154.99M$526.00M
Avg Forecast$2.94B$2.91B$2.88B$2.86B$2.80B$2.80B$2.78B$2.75B$2.72B$2.70B$2.68B$2.67B$2.63B$2.59B$2.59B$207.99M$2.46B$2.65B$2.61B$189.08M$450.39M$-40.42M$-42.10M$171.89M$-43.36M$-44.29M$-43.91M$254.58M$-42.29M$-42.34M
High Forecast$2.98B$2.95B$2.93B$2.90B$2.84B$2.84B$2.81B$2.79B$2.75B$2.73B$2.72B$2.71B$2.67B$2.59B$2.59B$249.58M$2.61B$2.69B$2.65B$226.89M$540.47M$-40.42M$-42.10M$206.27M$-43.36M$-44.29M$-43.91M$305.49M$-42.29M$-42.34M
Low Forecast$2.90B$2.87B$2.84B$2.82B$2.76B$2.76B$2.74B$2.71B$2.68B$2.66B$2.64B$2.62B$2.60B$2.58B$2.59B$166.39M$2.11B$2.57B$2.57B$151.26M$360.31M$-40.42M$-42.10M$137.51M$-43.36M$-44.29M$-43.91M$203.66M$-42.29M$-42.34M
Surprise %-----------------0.39%0.30%-5.75%0.10%75.85%-8.00%0.92%-6.97%-9.96%-19.06%1.28%-3.67%-12.42%

5 analysts predict LNC's average Quarter EBITDA for Dec 23 to be $2.46B, with a high of $2.61B and a low of $2.11B. This is 140.84% upper than Lincoln National's previous annual EBITDA (Sep 23) of $1.02B.

Lincoln National 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114544458544343545455
Net Income-----------------$807.00M$612.00M$-881.00M$812.00M$-2.57B$238.00M$104.00M$220.00M$318.00M$642.00M$225.00M$143.00M$398.00M
Avg Forecast$421.03M$411.55M$428.60M$338.36M$391.21M$378.11M$382.00M$305.51M$357.05M$345.13M$356.64M$271.52M$316.77M$278.27M$306.56M$136.90M$226.53M$304.38M$320.07M$124.46M$328.10M$313.41M$382.15M$113.14M$327.50M$444.83M$424.95M$175.17M$331.76M$324.05M
High Forecast$428.71M$419.06M$436.42M$344.53M$398.34M$385.00M$388.96M$311.08M$363.56M$351.42M$363.14M$304.80M$335.82M$291.20M$306.60M$164.28M$288.32M$344.15M$325.91M$149.35M$393.72M$313.41M$382.15M$135.77M$327.74M$444.83M$424.95M$210.20M$331.76M$324.05M
Low Forecast$413.35M$404.05M$420.79M$332.19M$384.07M$371.21M$375.03M$299.94M$350.53M$338.83M$350.13M$229.48M$278.69M$265.34M$306.53M$109.52M$147.59M$262.87M$314.23M$99.57M$262.48M$313.41M$382.15M$90.51M$327.27M$444.83M$424.95M$140.13M$331.76M$324.05M
Surprise %-----------------2.65%1.91%-7.08%2.47%-8.21%0.62%0.92%0.67%0.71%1.51%1.28%0.43%1.23%

Lincoln National's average Quarter net income forecast for Dec 23 is $226.53M, with a range of $147.59M to $288.32M. LNC's average Quarter net income forecast represents a -71.93% decrease compared to the company's last Quarter net income of $807.00M (Sep 23).

Lincoln National 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114544458544343545455
SG&A------------------------------
Avg Forecast$719.74M$712.61M$706.89M$701.83M$687.04M$685.45M$680.08M$674.45M$665.37M$660.89M$657.10M$654.20M$644.17M$634.25M$634.80M$631.06M$603.15M$649.37M$639.60M$631.42M$631.54M$573.20M$596.98M$626.94M$614.80M$628.05M$622.68M$622.48M$599.62M$600.43M
High Forecast$729.84M$722.61M$716.80M$711.67M$696.67M$695.06M$689.62M$683.91M$674.70M$670.15M$666.31M$665.24M$653.83M$635.29M$634.80M$631.06M$638.47M$658.93M$648.57M$640.28M$640.40M$573.20M$596.98M$626.94M$614.80M$628.05M$622.68M$622.48M$599.62M$600.43M
Low Forecast$709.64M$702.61M$696.96M$691.98M$677.39M$675.83M$670.54M$664.99M$656.03M$651.61M$647.88M$643.16M$635.90M$633.22M$634.80M$631.06M$517.57M$629.07M$630.62M$622.56M$622.68M$573.20M$596.98M$626.94M$614.80M$628.05M$622.68M$622.48M$599.62M$600.43M
Surprise %------------------------------

Lincoln National's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to LNC last annual SG&A of $NaN (undefined).

Lincoln National EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114544458544343545455
EPS-----------------$4.76$3.57$-5.20$0.04$-15.21$1.39$0.60$1.24$1.70$3.38$1.17$0.74$2.06
Avg Forecast$2.44$2.38$2.48$1.96$2.26$2.19$2.21$1.77$2.07$2.00$2.06$1.57$1.83$1.61$1.77$1.10$1.31$1.76$1.85$1.61$1.84$1.81$2.21$1.82$1.89$2.57$2.46$1.49$1.92$1.87
High Forecast$2.48$2.42$2.52$1.99$2.30$2.23$2.25$1.80$2.10$2.03$2.10$1.76$1.94$1.68$1.77$1.10$1.67$1.99$1.89$1.64$1.90$1.81$2.21$1.82$1.90$2.57$2.46$1.49$1.92$1.87
Low Forecast$2.39$2.34$2.43$1.92$2.22$2.15$2.17$1.74$2.03$1.96$2.03$1.33$1.61$1.54$1.77$1.10$0.85$1.52$1.82$1.58$1.78$1.81$2.21$1.82$1.89$2.57$2.46$1.49$1.92$1.87
Surprise %-----------------2.70%1.93%-3.24%0.02%-8.39%0.63%0.33%0.65%0.66%1.38%0.79%0.39%1.10%

According to 5 Wall Street analysts, Lincoln National's projected average Quarter EPS for Dec 23 is $1.31, with a low estimate of $0.85 and a high estimate of $1.67. This represents a -72.47% decrease compared to LNC previous annual EPS of $4.76 (Sep 23).

Lincoln National Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LNCLincoln National$34.27$52.3652.79%Hold
METMetLife$82.60$87.465.88%Buy
JXNJackson Financial$98.54$92.67-5.96%Hold
PRUPrudential Financial$124.11$116.00-6.53%Buy
BHFBrighthouse Financial$50.00$46.60-6.80%Hold
UNMUnum Group$72.62$67.40-7.19%Buy
AFLAflac$110.24$93.11-15.54%Hold
MFCManulife Financial$32.17$25.86-19.61%Buy

LNC Forecast FAQ

Is Lincoln National a good buy?

No, according to 13 Wall Street analysts, Lincoln National (LNC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 23.08% of LNC's total ratings.

What is LNC's price target?

Lincoln National (LNC) average price target is $52.36 with a range of $24 to $82, implying a 52.79% from its last price of $34.27. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Lincoln National stock go up soon?

According to Wall Street analysts' prediction for LNC stock, the company can go up by 52.79% (from the last price of $34.27 to the average price target of $52.36), up by 139.28% based on the highest stock price target, and down by -29.97% based on the lowest stock price target.

Can Lincoln National stock reach $50?

LNC's average twelve months analyst stock price target of $52.36 supports the claim that Lincoln National can reach $50 in the near future.

What are Lincoln National's analysts' financial forecasts?

Lincoln National's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $19.81B (high $20.09B, low $19.53B), average EBITDA is $11.13B (high $11.28B, low $10.97B), average net income is $1.46B (high $1.48B, low $1.43B), average SG&A $2.73B (high $2.77B, low $2.69B), and average EPS is $8.43 (high $8.58, low $8.27). LNC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $20.64B (high $20.93B, low $20.35B), average EBITDA is $11.59B (high $11.76B, low $11.43B), average net income is $1.6B (high $1.63B, low $1.57B), average SG&A $2.84B (high $2.88B, low $2.8B), and average EPS is $9.25 (high $9.42, low $9.09).

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

Based on Lincoln National's last annual report (Dec 2022), the company's revenue was $18.81B, beating the average analysts forecast of $18.34B by 2.58%. Apple's EBITDA was $-2.491B, missing the average prediction of $539.76M by -561.50%. The company's net income was $1.36B, beating the average estimation of $1.14B by 19.46%. Apple's SG&A was $2.24B, missing the average forecast of $2.43B by -7.73%. Lastly, the company's EPS was $-13.11, missing the average prediction of $7.68 by -270.72%. In terms of the last quarterly report (Sep 2023), Lincoln National's revenue was $-109M, missing the average analysts' forecast of $4.72B by -102.31%. The company's EBITDA was $1.02B, missing the average prediction of $2.65B by -61.43%. Lincoln National's net income was $807M, beating the average estimation of $304.38M by 165.13%. The company's SG&A was $0, missing the average forecast of $649.37M by -100.00%. Lastly, the company's EPS was $4.76, beating the average prediction of $1.76 by 170.31%