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 $188.63 (represents a 6.43% upside from PNC’s last price of $177.24) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

PNC Price Target


The average price target for PNC Financial Services Group (PNC) is $188.63 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $220.00 to $155.00. This represents a potential 6.43% upside from PNC's last price of $177.24.

PNC Analyst Ratings


Buy

According to 19 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' (63.16%), 5 'Hold' (26.32%), 2 'Sell' (10.53%), 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
Sep 10, 2024Richard RamsdenGoldman Sachs$180.00$178.780.68%1.56%
Sep 03, 2024Scott SiefersPiper Sandler$178.00$184.29-3.41%0.43%
Aug 15, 2024Ebrahim PoonawalaBank of America Securities$200.00$172.1716.16%12.84%
Jul 17, 2024Richard RamsdenGoldman Sachs$182.00$179.711.27%2.69%
Jul 08, 2024Erika NajarianUBS$179.00$156.5114.37%0.99%
Jun 12, 2024Mike MayoWells Fargo$194.00$150.2529.12%9.46%
May 24, 2024Scott SiefersPiper Sandler$158.00$153.103.20%-10.86%
Apr 17, 2024Ken UsdinJefferies$162.00$146.6710.45%-8.60%
Apr 17, 2024John PancariEvercore ISI$175.00$146.5419.42%-1.26%
Apr 08, 2024Ken UsdinJefferies$171.00$157.378.66%-3.52%
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The latest PNC Financial Services Group stock forecast, released on Sep 10, 2024 by Richard Ramsden from Goldman Sachs, set a price target of $180.00, which represents a 0.68% increase from the stock price at the time of the forecast ($178.78), and a 1.56% increase from PNC last price ($177.24).

PNC Financial Services Group Price Target by Period


1M3M12M
# Anlaysts2511
Avg Price Target$179.00$183.80$175.82
Last Closing Price$177.24$177.24$177.24
Upside/Downside0.99%3.70%-0.80%

In the current month, the average price target of PNC Financial Services Group stock is $179.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 0.99% increase as opposed to PNC Financial Services Group's last price of $177.24. This month's average price target is down -2.61% compared to last quarter, and up 1.81% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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
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PNC Financial Services Group's last stock rating was published by Goldman Sachs on Sep 10, 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 22Jul 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-$4.71B$5.17B$5.17B$4.67B$4.22B$4.21B$4.28B$4.04B$4.51B$4.61B$4.49B
Avg Forecast$9.01B$8.90B$8.79B$8.69B$5.87B$5.75B$5.61B$5.47B$5.49B$5.37B$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$9.10B$8.99B$8.88B$8.77B$5.93B$5.80B$5.67B$5.52B$5.54B$5.44B$5.46B$5.24B$5.34B$5.37B$5.49B$5.66B$5.76B$5.47B$5.13B$4.83B$5.22B$5.11B$4.50B$4.17B$4.19B$4.06B$4.16B$4.45B$4.54B$4.47B
Low Forecast$8.93B$8.82B$8.71B$8.60B$5.81B$5.69B$5.56B$5.42B$5.44B$5.32B$5.36B$5.14B$5.26B$5.27B$5.38B$5.55B$5.65B$5.37B$5.13B$4.71B$5.09B$4.98B$4.39B$4.07B$4.09B$3.96B$4.06B$4.34B$4.43B$4.36B
# Analysts9999555561261011559544865771010101066
Surprise %------------1.00%0.98%0.98%1.00%1.01%1.02%-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 $5.14B, and a high forecast of $5.24B. 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261011559544865771010101066
EBITDA------------$2.82B$1.84B$4.19B$4.10B$2.20B$3.19B-$2.20B$2.32B$2.34B$1.84B$2.70B$7.00B$2.11B$4.20B$2.07B$2.87B$3.00B
Avg Forecast$5.05B$4.99B$4.93B$4.87B$3.29B$3.22B$3.14B$3.06B$3.08B$3.01B$3.03B$2.18B$2.97B$2.98B$3.04B$1.98B$3.20B$2.49B$2.88B$1.80B$2.54B$2.27B$1.17B$1.51B$2.32B$930.15M$2.30B$1.78B$2.83B$2.85B
High Forecast$5.10B$5.04B$4.97B$4.91B$3.32B$3.25B$3.17B$3.09B$3.11B$3.05B$3.06B$2.61B$2.99B$3.01B$3.07B$2.37B$3.23B$2.99B$2.88B$2.16B$3.05B$2.72B$1.40B$1.81B$2.35B$1.12B$2.33B$2.14B$3.40B$3.42B
Low Forecast$5.00B$4.94B$4.88B$4.82B$3.26B$3.19B$3.11B$3.03B$3.05B$2.98B$3.00B$1.74B$2.95B$2.95B$3.02B$1.58B$3.17B$1.99B$2.88B$1.44B$2.03B$1.81B$933.59M$1.21B$2.29B$744.12M$2.28B$1.42B$2.26B$2.28B
Surprise %------------0.95%0.62%1.38%2.07%0.69%1.28%-1.22%0.91%1.03%1.58%1.79%3.02%2.27%1.83%1.16%1.01%1.05%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261011559544865771010101066
Net Income------------$767.00M$1.55B$1.48B$1.68B$1.53B$1.62B-$1.41B$1.31B$1.47B$1.09B$1.82B$6.00B$1.52B$3.65B$908.00M$1.37B$1.38B
Avg Forecast$1.79B$1.73B$1.68B$1.60B$1.56B$1.53B$1.45B$1.36B$1.30B$1.30B$1.20B$1.39B$847.64M$1.24B$1.32B$1.27B$1.58B$1.57B$1.25B$1.15B$1.42B$1.43B$691.20M$1.02B$4.53B$669.94M$47.51B$780.56M$1.35B$1.31B
High Forecast$1.81B$1.75B$1.70B$1.62B$1.58B$1.55B$1.47B$1.38B$1.31B$1.36B$1.21B$1.67B$932.69M$1.26B$1.34B$1.52B$1.60B$1.89B$1.25B$1.38B$1.70B$1.72B$829.44M$1.22B$5.44B$803.92M$57.01B$936.67M$1.62B$1.57B
Low Forecast$1.77B$1.71B$1.66B$1.58B$1.54B$1.51B$1.43B$1.34B$1.28B$1.25B$1.18B$1.11B$790.94M$1.23B$1.31B$1.01B$1.56B$1.26B$1.25B$920.10M$1.13B$1.14B$552.96M$813.57M$3.63B$535.95M$38.01B$624.45M$1.08B$1.05B
Surprise %------------0.90%1.25%1.12%1.33%0.97%1.03%-1.22%0.92%1.03%1.58%1.79%1.32%2.27%0.08%1.16%1.01%1.05%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261011559544865771010101066
SG&A------------$5.37B$1.87B$1.96B$1.90B$2.05B$1.90B-$1.78B$2.13B$2.09B$1.71B$1.52B$1.58B$1.48B$1.42B$1.43B$1.54B$1.48B
Avg Forecast$3.24B$3.20B$3.16B$3.12B$2.11B$2.06B$2.01B$1.96B$1.97B$1.93B$1.94B$1.76B$1.90B$1.91B$1.95B$1.60B$2.05B$2.23B$1.84B$1.45B$2.34B$2.03B$1.09B$852.32M$1.20B$651.41M$1.48B$1.23B$1.52B$1.40B
High Forecast$3.27B$3.23B$3.19B$3.15B$2.13B$2.08B$2.03B$1.98B$1.99B$1.95B$1.96B$2.11B$1.92B$1.93B$1.97B$1.92B$2.07B$2.67B$1.84B$1.74B$2.81B$2.43B$1.30B$1.02B$1.44B$781.70M$1.49B$1.47B$1.83B$1.68B
Low Forecast$3.20B$3.16B$3.13B$3.09B$2.09B$2.04B$2.00B$1.94B$1.95B$1.91B$1.92B$1.41B$1.89B$1.89B$1.93B$1.28B$2.03B$1.78B$1.84B$1.16B$1.87B$1.62B$868.72M$681.86M$958.26M$521.13M$1.46B$981.38M$1.22B$1.12B
Surprise %------------2.82%0.98%1.00%1.19%1.00%0.85%-1.22%0.91%1.03%1.58%1.79%1.32%2.27%0.96%1.16%1.01%1.05%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261011559544865771010101066
EPS------------$1.91$3.60$3.36$3.98$3.47$3.78-$3.23$3.08$3.31$2.43$4.11$3.26$3.40$8.40$1.96$2.98$2.95
Avg Forecast$4.48$4.33$4.21$3.99$3.90$3.83$3.63$3.40$3.24$3.25$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$4.53$4.39$4.26$4.04$3.95$3.87$3.68$3.45$3.28$3.40$3.03$3.04$2.33$3.14$3.35$3.72$3.99$3.74$3.13$2.81$3.30$3.41$1.11$2.77$2.66$2.16$1.00$2.12$2.99$2.85
Low Forecast$4.42$4.28$4.16$3.94$3.85$3.78$3.59$3.36$3.20$3.12$2.95$2.97$1.98$3.06$3.27$3.63$3.90$3.65$3.13$2.73$3.20$3.30$1.08$2.68$2.57$2.09$0.97$2.05$2.89$2.76
Surprise %------------0.90%1.16%1.01%1.08%0.88%1.02%-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 $2.97 and a high estimate of $3.04. 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
TFCTruist Financial$41.84$54.0729.23%Buy
CMAComerica$57.49$73.4227.71%Buy
ZIONZions Bancorporation, National Association$46.49$58.0024.76%Hold
USBU.S. Bancorp$44.62$54.9823.22%Buy
KEYKeyCorp$16.09$19.6322.00%Buy
CFGCitizens Financial Group$40.09$48.3320.55%Buy
HBANHuntington Bancshares$14.38$16.0411.54%Buy
RFRegions Financial$21.97$24.1910.10%Buy
PNCPNC Financial Services Group$177.24$188.636.43%Buy
WALWestern Alliance Ban$81.91$86.755.91%Buy
FITBFifth Third Bancorp$42.07$38.67-8.08%Buy

PNC Forecast FAQ


Yes, according to 19 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 63.16% of PNC's total ratings.

PNC Financial Services Group (PNC) average price target is $188.63 with a range of $155 to $220, implying a 6.43% from its last price of $177.24. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PNC stock, the company can go up by 6.43% (from the last price of $177.24 to the average price target of $188.63), up by 24.13% based on the highest stock price target, and down by -12.55% based on the lowest stock price target.

PNC's average twelve months analyst stock price target of $188.63 does not support the claim that PNC Financial Services Group can reach $300 in the near future.

2 Wall Street analysts forecast a $179 price target for PNC Financial Services Group (PNC) this month, up 0.99% from its last price of $177.24. Compared to the last 3 and 12 months, the average price target increased by 3.70% and decreased by -0.80%, respectively.

PNC Financial Services Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $22.7B (high $22.92B, low $22.48B), average EBITDA is $12.72B (high $12.84B, low $12.6B), average net income is $5.91B (high $5.98B, low $5.83B), average SG&A $8.15B (high $8.23B, low $8.07B), and average EPS is $14.77 (high $14.95, low $14.58). PNC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $35.4B (high $35.74B, low $35.06B), average EBITDA is $19.83B (high $20.02B, low $19.64B), average net income is $6.8B (high $6.89B, low $6.72B), average SG&A $12.71B (high $12.83B, low $12.58B), and average EPS is $17.01 (high $17.22, low $16.8).

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 $10.97B by 70.83%. 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 $7.36B by -95.24%. 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, missing the average prediction of $2.97B by -5.14%. 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 $1.9B by 182.21%. Lastly, the company's EPS was $1.91, missing the average prediction of $2.12 by -9.87%