PNC Financial Services Group (PNC) Stock Forecast, Price Target & Predictions
PNC Stock Forecast
PNC Financial Services Group stock forecast is as follows: an average price target of $193.74 (represents a -6.84% downside from PNC’s last price of $207.96) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
PNC Price Target
The average price target for PNC Financial Services Group (PNC) is $193.74 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $229.00 to $155.00. This represents a potential -6.84% downside from PNC's last price of $207.96.
PNC Analyst Ratings
According to 20 Wall Street analysts, PNC Financial Services Group's rating consensus is 'Buy'. The analyst rating breakdown for PNC stock is 0 'Strong Buy' (0.00%), 12 'Buy' (60.00%), 6 'Hold' (30.00%), 2 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).
PNC Financial Services Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Richard Ramsden | Goldman Sachs | $190.00 | $189.93 | 0.04% | -8.64% |
| Oct 16, 2024 | Mike Mayo | Wells Fargo | $215.00 | $192.34 | 11.78% | 3.39% |
| Oct 16, 2024 | Jason Goldberg | Barclays | $229.00 | $192.34 | 19.06% | 10.12% |
| Oct 15, 2024 | John Pancari | Evercore ISI | $225.00 | $192.34 | 16.98% | 8.19% |
| Oct 15, 2024 | Terry McEvoy | Stephens | $200.00 | $192.34 | 3.98% | -3.83% |
| Sep 10, 2024 | Richard Ramsden | Goldman Sachs | $180.00 | $178.78 | 0.68% | -13.44% |
| Sep 03, 2024 | Scott Siefers | Piper Sandler | $178.00 | $184.29 | -3.41% | -14.41% |
| Aug 15, 2024 | Ebrahim Poonawala | Bank of America Securities | $200.00 | $172.17 | 16.16% | -3.83% |
| Jul 17, 2024 | Richard Ramsden | Goldman Sachs | $182.00 | $179.71 | 1.27% | -12.48% |
| Jul 08, 2024 | Erika Najarian | UBS | $179.00 | $156.51 | 14.37% | -13.93% |
The latest PNC Financial Services Group stock forecast, released on Oct 16, 2024 by Richard Ramsden from Goldman Sachs, set a price target of $190.00, which represents a 0.04% increase from the stock price at the time of the forecast ($189.93), and a -8.64% decrease from PNC last price ($207.96).
PNC Financial Services Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 8 | 16 |
| Avg Price Target | $211.80 | $202.13 | $187.06 |
| Last Closing Price | $207.96 | $207.96 | $207.96 |
| Upside/Downside | 1.85% | -2.80% | -10.05% |
In the current month, the average price target of PNC Financial Services Group stock is $211.80, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 1.85% increase as opposed to PNC Financial Services Group's last price of $207.96. This month's average price target is up 4.78% compared to last quarter, and up 13.23% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Oct 16, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Oct 16, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 16, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 15, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Oct 02, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 10, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Sep 03, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 15, 2024 | Bank of America Securities | Neutral | Buy | Upgrade |
| Jul 30, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
PNC Financial Services Group's last stock rating was published by Goldman Sachs on Oct 16, 2024. The company gave PNC a "Neutral" rating, the same as its previous rate.
PNC Financial Services Group Financial Forecast
PNC Financial Services Group 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 | - | - | - | - | - | - | - | - | - | - | - | - | $5.33B | $5.23B | $5.33B | $5.60B | $5.75B | $5.55B | $5.11B | $4.71B | $5.17B | $5.17B | $4.67B | $4.22B | $4.21B | $4.28B | $4.04B | $4.51B | $4.61B | $4.49B |
| Avg Forecast | $6.05B | $5.97B | $5.86B | $5.72B | $5.82B | $5.78B | $5.61B | $5.46B | $5.48B | $5.39B | $5.41B | $5.19B | $5.30B | $5.32B | $5.43B | $5.61B | $5.71B | $5.42B | $5.13B | $4.76B | $5.15B | $5.04B | $4.44B | $4.12B | $4.13B | $4.00B | $4.11B | $4.39B | $4.48B | $4.41B |
| High Forecast | $6.13B | $6.04B | $5.94B | $5.79B | $5.89B | $5.86B | $5.69B | $5.53B | $5.51B | $5.40B | $5.41B | $5.19B | $5.34B | $5.39B | $5.50B | $5.68B | $5.78B | $5.50B | $5.21B | $4.83B | $5.22B | $5.11B | $4.50B | $4.18B | $4.19B | $4.06B | $4.17B | $4.45B | $4.55B | $4.48B |
| Low Forecast | $5.98B | $5.90B | $5.79B | $5.65B | $5.75B | $5.71B | $5.55B | $5.43B | $5.45B | $5.37B | $5.41B | $5.19B | $5.26B | $5.25B | $5.37B | $5.54B | $5.64B | $5.34B | $5.06B | $4.69B | $5.07B | $4.97B | $4.37B | $4.06B | $4.07B | $3.95B | $4.05B | $4.32B | $4.42B | $4.35B |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 10 | 9 | 8 | 7 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.98% | 0.98% | 1.00% | 1.01% | 1.02% | 1.00% | 0.99% | 1.01% | 1.03% | 1.05% | 1.02% | 1.02% | 1.07% | 0.98% | 1.03% | 1.03% | 1.02% |
PNC Financial Services Group's average Quarter revenue forecast for Mar 24 based on 10 analysts is $5.19B, with a low forecast of $5.19B, and a high forecast of $5.19B. PNC's average Quarter revenue forecast represents a -2.55% decrease compared to the company's last Quarter revenue of $5.33B (Dec 23).
PNC Financial Services Group 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 10 | 9 | 8 | 7 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $2.82B | $1.84B | $4.19B | $4.10B | $2.20B | $3.19B | $2.58B | $2.20B | $2.32B | $2.34B | $1.84B | $2.70B | $7.00B | $2.11B | $4.20B | $2.07B | $2.87B | $3.00B |
| Avg Forecast | $1.90B | $1.88B | $1.84B | $1.80B | $1.83B | $1.82B | $1.76B | $1.72B | $1.72B | $1.69B | $1.70B | $2.18B | $1.67B | $1.67B | $1.71B | $1.98B | $2.80B | $3.04B | $2.88B | $1.80B | $2.88B | $2.82B | $2.49B | $1.51B | $2.32B | $2.24B | $2.30B | $1.78B | $2.51B | $2.47B |
| High Forecast | $1.93B | $1.90B | $1.87B | $1.82B | $1.85B | $1.84B | $1.79B | $1.74B | $1.73B | $1.70B | $1.70B | $2.61B | $1.68B | $1.69B | $1.73B | $2.37B | $3.35B | $3.08B | $2.92B | $2.16B | $2.93B | $2.86B | $2.52B | $1.81B | $2.35B | $2.28B | $2.34B | $2.14B | $2.55B | $2.51B |
| Low Forecast | $1.88B | $1.85B | $1.82B | $1.78B | $1.81B | $1.80B | $1.74B | $1.71B | $1.71B | $1.69B | $1.70B | $1.74B | $1.65B | $1.65B | $1.69B | $1.58B | $2.24B | $2.99B | $2.83B | $1.44B | $2.84B | $2.78B | $2.45B | $1.21B | $2.28B | $2.21B | $2.27B | $1.42B | $2.48B | $2.44B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.69% | 1.10% | 2.45% | 2.07% | 0.79% | 1.05% | 0.90% | 1.22% | 0.80% | 0.83% | 0.74% | 1.79% | 3.02% | 0.94% | 1.83% | 1.16% | 1.14% | 1.21% |
10 analysts predict PNC's average Quarter EBITDA for Mar 24 to be $2.18B, with a high of $2.61B and a low of $1.74B. This is -22.77% lower than PNC Financial Services Group's previous annual EBITDA (Dec 23) of $2.82B.
PNC Financial Services Group 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 10 | 9 | 8 | 7 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $767.00M | $1.55B | $1.48B | $1.68B | $1.53B | $1.62B | $1.48B | $1.41B | $1.31B | $1.47B | $1.09B | $1.82B | $6.00B | $1.52B | $3.65B | $908.00M | $1.37B | $1.38B |
| Avg Forecast | $1.78B | $1.77B | $1.70B | $1.59B | $1.57B | $1.57B | $1.47B | $1.37B | $1.31B | $1.32B | $1.20B | $1.39B | $847.64M | $1.24B | $1.32B | $1.27B | $1.56B | $1.48B | $1.25B | $1.15B | $1.30B | $1.34B | $437.42M | $1.02B | $1.05B | $848.17M | $392.17M | $780.56M | $1.17B | $1.12B |
| High Forecast | $1.81B | $1.80B | $1.72B | $1.62B | $1.60B | $1.60B | $1.49B | $1.43B | $1.35B | $1.33B | $1.20B | $1.67B | $932.69M | $1.26B | $1.35B | $1.52B | $1.87B | $1.51B | $1.28B | $1.38B | $1.32B | $1.37B | $453.89M | $1.22B | $1.07B | $864.07M | $399.52M | $936.67M | $1.20B | $1.14B |
| Low Forecast | $1.75B | $1.75B | $1.67B | $1.56B | $1.55B | $1.55B | $1.45B | $1.32B | $1.25B | $1.31B | $1.20B | $1.11B | $790.94M | $1.22B | $1.30B | $1.01B | $1.25B | $1.45B | $1.23B | $920.10M | $1.27B | $1.32B | $420.96M | $813.57M | $1.03B | $832.07M | $384.72M | $624.45M | $1.15B | $1.10B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.25% | 1.12% | 1.33% | 0.98% | 1.10% | 1.18% | 1.22% | 1.01% | 1.10% | 2.49% | 1.79% | 5.74% | 1.79% | 9.30% | 1.16% | 1.16% | 1.23% |
PNC Financial Services Group's average Quarter net income forecast for Mar 24 is $1.39B, with a range of $1.11B to $1.67B. PNC's average Quarter net income forecast represents a 81.44% increase compared to the company's last Quarter net income of $767.00M (Dec 23).
PNC Financial Services Group 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 10 | 9 | 8 | 7 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $5.37B | $1.87B | $1.96B | $1.90B | $2.05B | $1.90B | $1.87B | $1.78B | $2.13B | $2.09B | $1.71B | $1.52B | $1.58B | $1.48B | $1.42B | $1.43B | $1.54B | $1.48B |
| Avg Forecast | $1.75B | $1.73B | $1.70B | $1.66B | $1.69B | $1.68B | $1.63B | $1.58B | $1.59B | $1.56B | $1.57B | $1.76B | $1.54B | $1.54B | $1.58B | $1.60B | $2.57B | $1.95B | $1.84B | $1.45B | $1.85B | $1.81B | $1.59B | $852.32M | $1.48B | $1.44B | $1.48B | $1.23B | $1.61B | $1.58B |
| High Forecast | $1.78B | $1.75B | $1.72B | $1.68B | $1.71B | $1.70B | $1.65B | $1.60B | $1.60B | $1.57B | $1.57B | $2.11B | $1.55B | $1.56B | $1.60B | $1.92B | $3.09B | $1.97B | $1.87B | $1.74B | $1.87B | $1.83B | $1.62B | $1.02B | $1.51B | $1.46B | $1.50B | $1.47B | $1.63B | $1.61B |
| Low Forecast | $1.73B | $1.71B | $1.68B | $1.64B | $1.67B | $1.66B | $1.61B | $1.57B | $1.58B | $1.56B | $1.57B | $1.41B | $1.53B | $1.52B | $1.56B | $1.28B | $2.06B | $1.92B | $1.82B | $1.16B | $1.82B | $1.78B | $1.57B | $681.86M | $1.46B | $1.42B | $1.45B | $981.38M | $1.59B | $1.56B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.49% | 1.21% | 1.24% | 1.19% | 0.80% | 0.98% | 1.02% | 1.22% | 1.16% | 1.16% | 1.08% | 1.79% | 1.07% | 1.03% | 0.96% | 1.16% | 0.96% | 0.93% |
PNC Financial Services Group's average Quarter SG&A projection for Mar 24 is $1.76B, based on 10 Wall Street analysts, with a range of $1.41B to $2.11B. The forecast indicates a -67.28% fall compared to PNC last annual SG&A of $5.37B (Dec 23).
PNC Financial Services Group 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 10 | 9 | 8 | 7 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.91 | $3.60 | $3.36 | $3.98 | $3.47 | $3.78 | $3.39 | $3.23 | $3.08 | $3.31 | $2.43 | $4.11 | $3.26 | $3.40 | $8.40 | $1.96 | $2.98 | $2.95 |
| Avg Forecast | $4.45 | $4.43 | $4.24 | $3.97 | $3.94 | $3.94 | $3.67 | $3.42 | $3.26 | $3.30 | $2.99 | $3.01 | $2.12 | $3.10 | $3.31 | $3.67 | $3.95 | $3.70 | $3.13 | $2.77 | $3.24 | $3.35 | $1.09 | $2.72 | $2.61 | $2.12 | $0.98 | $2.08 | $2.93 | $2.80 |
| High Forecast | $4.52 | $4.51 | $4.31 | $4.04 | $4.00 | $4.00 | $3.73 | $3.57 | $3.37 | $3.33 | $2.99 | $3.01 | $2.33 | $3.16 | $3.37 | $3.73 | $4.01 | $3.77 | $3.19 | $2.82 | $3.30 | $3.42 | $1.13 | $2.77 | $2.66 | $2.16 | $1.00 | $2.12 | $2.99 | $2.86 |
| Low Forecast | $4.38 | $4.36 | $4.17 | $3.91 | $3.87 | $3.87 | $3.61 | $3.29 | $3.12 | $3.28 | $2.99 | $3.01 | $1.98 | $3.05 | $3.26 | $3.61 | $3.88 | $3.63 | $3.07 | $2.71 | $3.18 | $3.29 | $1.05 | $2.67 | $2.56 | $2.08 | $0.96 | $2.04 | $2.88 | $2.75 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.16% | 1.01% | 1.08% | 0.88% | 1.02% | 1.08% | 1.17% | 0.95% | 0.99% | 2.22% | 1.51% | 1.25% | 1.60% | 8.57% | 0.94% | 1.02% | 1.05% |
According to 10 Wall Street analysts, PNC Financial Services Group's projected average Quarter EPS for Mar 24 is $3.01, with a low estimate of $3.01 and a high estimate of $3.01. This represents a 57.40% increase compared to PNC previous annual EPS of $1.91 (Dec 23).
PNC Financial Services Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TFC | Truist Financial | $46.25 | $53.53 | 15.74% | Buy |
| USB | U.S. Bancorp | $50.31 | $55.07 | 9.46% | Buy |
| CFG | Citizens Financial Group | $46.58 | $46.78 | 0.43% | Hold |
| WAL | Western Alliance Ban | $91.86 | $92.00 | 0.15% | Buy |
| CMA | Comerica | $70.08 | $69.01 | -1.53% | Buy |
| ZION | Zions Bancorporation, National Association | $59.60 | $58.40 | -2.01% | Hold |
| KEY | KeyCorp | $19.14 | $18.74 | -2.09% | Buy |
| RF | Regions Financial | $26.27 | $25.04 | -4.68% | Buy |
| HBAN | Huntington Bancshares | $17.53 | $16.40 | -6.45% | Buy |
| PNC | PNC Financial Services Group | $207.96 | $193.74 | -6.84% | Buy |
| FITB | Fifth Third Bancorp | $47.26 | $39.93 | -15.51% | Buy |