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PNC Financial Services Group (PNC) Stock Forecast, Price Target & Predictions

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PNC Stock Forecast

PNC Financial Services Group stock forecast is as follows: an average price target of $202.00 (represents a 4.84% upside from PNC’s last price of $192.68) 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 $202.00 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 $178.00. This represents a potential 4.84% upside from PNC's last price of $192.68.

PNC Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Richard RamsdenGoldman Sachs$190.00$189.930.04%-1.39%
Oct 16, 2024Mike MayoWells Fargo$215.00$192.3411.78%11.58%
Oct 16, 2024Jason GoldbergBarclays$229.00$192.3419.06%18.85%
Oct 15, 2024John PancariEvercore ISI$225.00$192.3416.98%16.77%
Oct 15, 2024Terry McEvoyStephens$200.00$192.343.98%3.80%
Sep 10, 2024Richard RamsdenGoldman Sachs$180.00$178.780.68%-6.58%
Sep 03, 2024Scott SiefersPiper Sandler$178.00$184.29-3.41%-7.62%
Aug 15, 2024Ebrahim PoonawalaBank of America Securities$200.00$172.1716.16%3.80%
Jul 17, 2024Richard RamsdenGoldman Sachs$182.00$179.711.27%-5.54%
Jul 08, 2024Erika NajarianUBS$179.00$156.5114.37%-7.10%
Jun 12, 2024Mike MayoWells Fargo$194.00$150.2529.12%0.69%
May 24, 2024Scott SiefersPiper Sandler$158.00$153.103.20%-18.00%
Apr 17, 2024Ken UsdinJefferies$162.00$146.6710.45%-15.92%
Apr 17, 2024John PancariEvercore ISI$175.00$146.5419.42%-9.18%
Apr 08, 2024Ken UsdinJefferies$171.00$157.378.66%-11.25%
Mar 28, 2024Saul MartinezHSBC$155.00$159.97-3.11%-19.56%
Jan 10, 2023UBS$176.00$164.307.12%-8.66%
Jan 06, 2023Deutsche Bank$190.00$159.3719.22%-1.39%
Jan 03, 2023Barclays$218.00$160.4235.89%13.14%
Dec 19, 2022Morgan Stanley$178.00$149.1519.35%-7.62%
Dec 16, 2022Morgan Stanley$177.00$148.8118.94%-8.14%
Dec 06, 2022Morgan Stanley$176.00$150.6616.82%-8.66%
Sep 12, 2022Deutsche Bank$200.00$166.6420.02%3.80%
Jul 18, 2022Credit Suisse$170.00$156.468.66%-11.77%
Jul 18, 2022Barclays$222.00$153.4244.70%15.22%
Jul 18, 2022Morgan Stanley$180.00$153.4217.32%-6.58%
Jul 12, 2022Morgan Stanley$168.00$158.386.08%-12.81%
Jul 01, 2022Wells Fargo$202.00$157.7728.03%4.84%
May 26, 2022Wolfe Research$177.00$167.635.59%-8.14%
Apr 20, 2022Michael RoseRaymond James$210.00$178.0517.94%8.99%
Apr 18, 2022Stephen BiggarArgus Research$220.00$175.7525.18%14.18%
Jan 22, 2022Stephen BiggarArgus Research$245.00$200.9621.91%27.15%
Jan 19, 2022John PancariEvercore ISI$235.00$208.5212.70%21.96%
Jan 19, 2022Erika NajarianUBS$245.00$208.5217.49%27.15%
Jan 03, 2022Jason GoldbergBarclays$250.00$207.0720.73%29.75%
Dec 16, 2021Keith HorowitzCitigroup$220.00$200.689.63%14.18%
Oct 25, 2021Mike MayoWells Fargo$240.00$215.3611.44%24.56%
Oct 15, 2021Ebrahim PoonawalaBank of America Securities$215.00$198.038.57%11.58%
Jul 06, 2021David KonradKBW$193.00$184.534.59%0.17%
May 18, 2021Dave RochesterCompass Point$190.00$190.37-0.19%-1.39%
Apr 19, 2021Terry McEvoyStephens$195.00$174.4811.76%1.20%

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 -1.39% decrease from PNC last price ($192.68).

PNC Financial Services Group Price Target by Period

1M3M12M
# Anlaysts-516
Avg Price Target-$211.80$187.06
Last Closing Price$192.68$192.68$192.68
Upside/Downside-100.00%9.92%-2.92%

In the current month, the average price target of PNC Financial Services Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PNC Financial Services Group's last price of $192.68. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024Goldman SachsNeutralNeutralHold
Oct 16, 2024Morgan StanleyUnderweightUnderweightHold
Oct 16, 2024Wells FargoOverweightOverweightHold
Oct 16, 2024BarclaysOverweightOverweightHold
Oct 15, 2024StephensEqual-WeightEqual-WeightHold
Oct 02, 2024Evercore ISIOutperformOutperformHold
Sep 10, 2024Goldman SachsNeutralNeutralHold
Sep 03, 2024Piper SandlerNeutralNeutralHold
Aug 15, 2024Bank of America SecuritiesNeutralBuyUpgrade
Jul 30, 2024Morgan StanleyUnderweightUnderweightHold
Jul 17, 2024Goldman SachsNeutralNeutralHold
Jul 17, 2024RBC CapitalOutperformOutperformHold
Jul 17, 2024Wells FargoOverweightOverweightHold
Jul 17, 2024CitigroupBuyBuyHold
Jul 17, 2024BarclaysOverweightOverweightHold
Jul 08, 2024UBSNeutralBuyUpgrade
Jul 03, 2024JefferiesHoldHoldHold
Jun 25, 2024Wells FargoHoldHoldHold
Jun 25, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Jun 12, 2024Wells FargoOverweightOverweightHold
May 24, 2024Piper SandlerNeutralNeutralHold
Apr 17, 2024Wells FargoHoldHoldHold
Apr 17, 2024Morgan StanleyUnderperformUnderperformHold
Apr 17, 2024JefferiesHoldHoldHold
Apr 17, 2024Evercore ISIOutperformOutperformHold
Apr 04, 2024UBSNeutralNeutralHold
Mar 28, 2024HSBCHoldUpgrade
Jan 18, 2024UBSBuyBuyHold
Jan 18, 2024StephensUnderperformUnderperformHold
Dec 19, 2023RBC CapitalUnderperformUnderperformHold
Dec 19, 2023StephensBuyBuyHold
Oct 11, 2023Bank of America SecuritiesNeutralUpgrade
Sep 15, 2023Piper SandlerNeutralNeutralHold
Jul 19, 2023Morgan StanleyUnderweightUnderweightHold
Jul 19, 2023Credit SuisseNeutralNeutralHold
Apr 14, 2023CFRABuyUpgrade
Mar 13, 2023CitigroupBuyUpgrade
Jan 10, 2023UBSBuyNeutralDowngrade
Jan 06, 2023Deutsche BankHoldBuyUpgrade
Jan 05, 2023SVB LeerinkUnderperformDowngrade
Jan 03, 2023BarclaysOverweightOverweightHold
Dec 06, 2022Morgan StanleyUnderweightUnderweightHold
Sep 19, 2022William BlairReduceReduceHold
Sep 12, 2022Deutsche BankHoldHoldHold
Sep 09, 2022BBVAPositivePositiveHold
Jul 18, 2022Credit SuisseNeutralNeutralHold
Jul 17, 2022BarclaysOverweightOverweightHold
Jul 12, 2022Morgan StanleyUnderweightUnderweightHold
Jul 01, 2022Wells FargoOverweightOverweightHold
May 26, 2022Wolfe ResearchOutperformOutperformHold
Apr 20, 2022Raymond JamesOutperformOutperformHold
Jan 03, 2022BarclaysOverweightUpgrade
Dec 12, 2021UBSBuyInitialise

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 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 20Jun 20Mar 20Dec 19Sep 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$6.10B$6.03B$5.89B$5.74B$5.83B$5.78B$5.62B$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$6.17B$6.10B$5.96B$5.81B$5.90B$5.85B$5.68B$5.53B$5.54B$5.40B$5.41B$5.19B$5.34B$5.38B$5.50B$5.67B$5.77B$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$6.03B$5.97B$5.83B$5.68B$5.77B$5.72B$5.56B$5.41B$5.44B$5.37B$5.41B$5.19B$5.26B$5.26B$5.38B$5.55B$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
# Analysts334545279451011559544865581098765
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 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545279451011559544865581098765
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$2.39B$2.36B$2.31B$2.25B$2.28B$2.26B$2.20B$2.14B$2.15B$2.11B$2.12B$2.18B$2.07B$2.08B$2.13B$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$2.41B$2.39B$2.33B$2.27B$2.31B$2.29B$2.22B$2.17B$2.17B$2.11B$2.12B$2.61B$2.09B$2.11B$2.15B$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$2.36B$2.33B$2.28B$2.22B$2.26B$2.24B$2.17B$2.12B$2.13B$2.10B$2.12B$1.74B$2.06B$2.06B$2.10B$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 %------------1.36%0.89%1.97%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 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545279451011559544865581098765
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$1.80B$1.81B$1.72B$1.62B$1.58B$1.58B$1.48B$1.38B$1.32B$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$1.83B$1.84B$1.74B$1.65B$1.61B$1.61B$1.51B$1.45B$1.39B$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$1.77B$1.79B$1.69B$1.60B$1.56B$1.56B$1.46B$1.32B$1.23B$1.31B$1.20B$1.11B$790.94M$1.22B$1.31B$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 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545279451011559544865581098765
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$2.21B$2.19B$2.14B$2.08B$2.11B$2.10B$2.04B$1.98B$1.99B$1.95B$1.96B$1.76B$1.92B$1.93B$1.97B$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$2.24B$2.21B$2.16B$2.11B$2.14B$2.12B$2.06B$2.01B$2.01B$1.96B$1.96B$2.11B$1.94B$1.95B$1.99B$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$2.19B$2.16B$2.11B$2.06B$2.09B$2.07B$2.01B$1.96B$1.97B$1.95B$1.96B$1.41B$1.91B$1.91B$1.95B$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 %------------2.79%0.97%0.99%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 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545279451011559544865581098765
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$4.50$4.54$4.29$4.06$3.95$3.95$3.71$3.45$3.30$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$4.57$4.61$4.35$4.12$4.01$4.01$3.76$3.62$3.48$3.33$2.99$3.01$2.33$3.15$3.36$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$4.44$4.47$4.23$4.00$3.90$3.90$3.66$3.30$3.08$3.28$2.99$3.01$1.98$3.06$3.27$3.62$3.89$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WALWestern Alliance Ban$88.33$97.3310.19%Buy
CFGCitizens Financial Group$44.74$47.836.91%Hold
USBU.S. Bancorp$49.98$53.086.20%Buy
TFCTruist Financial$45.13$46.863.83%Buy
RFRegions Financial$24.61$25.292.76%Buy
KEYKeyCorp$17.80$18.151.97%Buy
PNCPNC Financial Services Group$198.30$202.001.87%Buy
CMAComerica$64.41$64.08-0.51%Buy
FITBFifth Third Bancorp$45.05$44.67-0.84%Buy
HBANHuntington Bancshares$16.94$16.56-2.24%Buy
ZIONZions Bancorporation, National Association$56.22$54.00-3.95%Hold

PNC Forecast FAQ

Is PNC Financial Services Group a good buy?

Yes, according to 20 Wall Street analysts, PNC Financial Services Group (PNC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 60.00% of PNC's total ratings.

What is PNC's price target?

PNC Financial Services Group (PNC) average price target is $202 with a range of $178 to $229, implying a 4.84% from its last price of $192.68. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will PNC Financial Services Group stock go up soon?

According to Wall Street analysts' prediction for PNC stock, the company can go up by 4.84% (from the last price of $192.68 to the average price target of $202), up by 18.85% based on the highest stock price target, and down by -7.62% based on the lowest stock price target.

Can PNC Financial Services Group stock reach $300?

PNC's average twelve months analyst stock price target of $202 does not support the claim that PNC Financial Services Group can reach $300 in the near future.

What are PNC Financial Services Group's analysts' financial forecasts?

PNC Financial Services Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $22.7B (high $22.97B, low $22.46B), average EBITDA is $8.88B (high $8.99B, low $8.79B), average net income is $6.02B (high $6.17B, low $5.9B), average SG&A $8.23B (high $8.33B, low $8.14B), and average EPS is $15.06 (high $15.41, low $14.75). PNC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $23.76B (high $24.04B, low $23.5B), average EBITDA is $9.3B (high $9.41B, low $9.2B), average net income is $6.95B (high $7.06B, low $6.86B), average SG&A $8.61B (high $8.72B, low $8.52B), and average EPS is $17.38 (high $17.65, low $17.14).

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

Based on PNC Financial Services Group's last annual report (Dec 2023), the company's revenue was $21.49B, which missed the average analysts forecast of $21.66B by -0.80%. Apple's EBITDA was $18.75B, beating the average prediction of $8.26B by 126.92%. The company's net income was $5.15B, beating the average estimation of $4.68B by 10.13%. Apple's SG&A was $350M, missing the average forecast of $7.42B by -95.28%. Lastly, the company's EPS was $12.85, beating the average prediction of $12.21 by 5.27%. In terms of the last quarterly report (Dec 2023), PNC Financial Services Group's revenue was $5.33B, beating the average analysts' forecast of $5.3B by 0.45%. The company's EBITDA was $2.82B, beating the average prediction of $2.07B by 35.81%. PNC Financial Services Group's net income was $767M, missing the average estimation of $847.64M by -9.51%. The company's SG&A was $5.37B, beating the average forecast of $1.92B by 179.40%. Lastly, the company's EPS was $1.91, missing the average prediction of $2.12 by -9.87%