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Prudential Financial (PRU) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PRU Stock Forecast

Prudential Financial stock forecast is as follows: an average price target of $119.67 (represents a 3.64% upside from PRU’s last price of $115.47) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.

PRU Price Target

The average price target for Prudential Financial (PRU) is $119.67 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $127.00 to $113.00. This represents a potential 3.64% upside from PRU's last price of $115.47.

PRU Analyst Ratings

Buy

According to 21 Wall Street analysts, Prudential Financial's rating consensus is 'Buy'. The analyst rating breakdown for PRU stock is 0 'Strong Buy' (0.00%), 10 'Buy' (47.62%), 10 'Hold' (47.62%), 1 'Sell' (4.76%), and 0 'Strong Sell' (0.00%).

Prudential Financial Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Alex ScottBarclays$119.00$126.64-6.03%3.06%
Oct 02, 2024John BarnidgePiper Sandler$127.00$119.366.40%9.99%
Sep 04, 2024Alex ScottBarclays$118.00$119.55-1.30%2.19%
Aug 12, 2024Elyse GreenspanWells Fargo$113.00$108.404.24%-2.14%
May 22, 2024Suneet KamathJefferies$143.00$117.8421.35%23.84%
May 08, 2024Catherine SeifertCFRA$112.00$116.69-4.02%-3.01%
May 06, 2024John BarnidgePiper Sandler$121.00$112.267.79%4.79%
Apr 24, 2024Thomas GallagherEvercore ISI$116.00$112.762.87%0.46%
Apr 05, 2024John BarnidgePiper Sandler$125.00$115.897.86%8.25%
Sep 14, 2023Suneet KamathJefferies$93.00$96.58-3.71%-19.46%
Jan 10, 2023Morgan Stanley$114.00$99.1914.93%-1.27%
Jan 10, 2023Barclays$105.00$98.266.86%-9.07%
Jan 09, 2023Goldman Sachs$96.00$101.01-4.96%-16.86%
Dec 20, 2022Piper Sandler$106.00$98.088.07%-8.20%
Nov 17, 2022Morgan Stanley$112.00$106.165.50%-3.01%
Sep 08, 2022Jefferies$79.00$96.12-17.81%-31.58%
Aug 17, 2022Morgan Stanley$108.00$104.363.48%-6.47%
Aug 04, 2022Wells Fargo$101.00$96.814.33%-12.53%
Jul 14, 2022Barclays$95.00$90.455.03%-17.73%
Jul 11, 2022RBC Capital$112.00$96.1116.53%-3.01%
Jul 08, 2022Piper Sandler$100.00$96.603.52%-13.40%
Jul 06, 2022Evercore ISI$100.00$94.266.09%-13.40%
Jul 06, 2022Morgan Stanley$103.00$93.909.69%-10.80%
Jun 06, 2022Goldman Sachs$99.00$103.96-4.77%-14.26%
May 27, 2022Piper Sandler$110.00$104.565.20%-4.74%
May 04, 2022Morgan Stanley$120.00$109.149.95%3.92%
Jan 05, 2022Thomas GallagherEvercore ISI$105.00$110.28-4.79%-9.07%
Dec 02, 2021Alex ScottGoldman Sachs$115.00$102.3812.33%-0.41%
Aug 17, 2021Joshua ShankerBank of America Securities$108.00$103.184.67%-6.47%

The latest Prudential Financial stock forecast, released on Oct 31, 2024 by Alex Scott from Barclays, set a price target of $119.00, which represents a -6.03% decrease from the stock price at the time of the forecast ($126.64), and a 3.06% increase from PRU last price ($115.47).

Prudential Financial Price Target by Period

1M3M12M
# Anlaysts-29
Avg Price Target-$123.00$121.56
Last Closing Price$115.47$115.47$115.47
Upside/Downside-100.00%6.52%5.27%

In the current month, the average price target of Prudential Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Prudential Financial's last price of $115.47. 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 08, 2024Cowen & Co.OutperformHoldInitialise
Oct 02, 2024Wells FargoMarket PerformMarket PerformHold
Oct 02, 2024Piper SandlerNeutralNeutralHold
Aug 12, 2024Wells FargoUnderweightEqual-WeightUpgrade
Jul 23, 2024CitigroupNeutralNeutralHold
Jul 10, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 10, 2024JefferiesBuyBuyHold
May 24, 2024Raymond JamesMarket PerformMarket PerformHold
May 22, 2024JefferiesHoldBuyUpgrade
May 08, 2024CFRAHoldHoldHold
May 06, 2024Piper SandlerNeutralNeutralHold
Apr 24, 2024Evercore ISIUnderperformUnderperformHold
Apr 05, 2024Piper SandlerNeutralNeutralHold
Sep 14, 2023Cowen & Co.OutperformInitialise
Sep 14, 2023Argus ResearchBuyInitialise
Sep 14, 2023Maxim GroupBuyInitialise
Sep 14, 2023JefferiesBuyHoldUpgrade
Aug 24, 2023Raymond JamesOutperformStrong BuyUpgrade
Aug 24, 2023BTIGBuyInitialise
Aug 24, 2023JefferiesUnderperformBuyInitialise
Aug 24, 2023ScotiabankSector OutperformInitialise
Aug 24, 2023Alliance Global PartnersBuyInitialise
Aug 24, 2023WedbushOutperformInitialise
Apr 04, 2023UBSEqual-WeightInitialise
Apr 04, 2023CJS SecuritiesOutperformInitialise
Apr 04, 2023Craig-HallumBuyInitialise
Apr 04, 2023William BlairMarket PerformInitialise
Apr 04, 2023StephensBuyInitialise
Apr 04, 2023Cantor FitzgeraldOverweightInitialise
Apr 04, 2023CitigroupBuyInitialise
Apr 04, 2023Piper SandlerNeutralOverweightInitialise
Apr 04, 2023Raymond JamesMarket PerformOutperformInitialise
Feb 08, 2023Piper SandlerNeutralNeutralHold
Jan 19, 2023Goldman SachsNeutralReduceDowngrade
Jan 10, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Dec 20, 2022Piper SandlerNeutralNeutralHold
Dec 16, 2022Wells FargoEqual-WeightUnderweightDowngrade
Nov 23, 2022Raymond JamesStrong BuyMarket PerformDowngrade
Nov 17, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Sep 21, 2022Raymond JamesStrong BuyInitialise
Sep 08, 2022JefferiesUnderperformUnderperformHold
Aug 17, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 04, 2022Wells FargoEqual-WeightEqual-WeightHold
Jul 14, 2022BarclaysEqual-WeightEqual-WeightHold
Jul 08, 2022Piper SandlerNeutralNeutralHold
Jul 06, 2022Evercore ISIUnderperformUnderperformHold
Jul 06, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jun 06, 2022Goldman SachsNeutralNeutralHold
May 27, 2022Piper SandlerNeutralNeutralHold
Feb 22, 2022Morgan StanleyEqual-WeightEqual-WeightHold

Prudential Financial's last stock rating was published by Cowen & Co. on Oct 08, 2024. The company Initialise its PRU rating from "Outperform" to "Hold".

Prudential Financial Financial Forecast

Prudential Financial 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-----------------$8.35B$11.89B$17.05B$13.33B$20.48B$14.38B$13.21B$16.42B$21.64B$15.92B$16.95B$16.03B$15.43B
Avg Forecast$18.23B$17.20B$16.34B$21.90B$15.60B$15.03B$14.47B$15.58B$14.87B$14.47B$13.90B$14.97B$14.50B$14.89B$13.53B$14.50B$12.99B$12.76B$12.64B$12.89B$13.57B$14.67B$12.27B$13.92B$14.02B$13.32B$13.71B$14.47B$15.00B$13.50B
High Forecast$21.53B$20.32B$19.30B$25.86B$18.43B$17.75B$17.09B$18.40B$17.57B$17.09B$16.42B$20.39B$19.29B$15.47B$13.53B$14.50B$15.05B$13.99B$14.93B$15.22B$16.02B$14.67B$12.27B$13.92B$14.02B$13.32B$13.71B$14.47B$15.00B$13.50B
Low Forecast$16.57B$15.63B$14.84B$19.89B$14.17B$13.65B$13.15B$14.15B$13.51B$13.15B$12.63B$13.13B$12.36B$14.31B$13.53B$14.50B$12.25B$11.72B$11.49B$11.71B$12.32B$14.67B$12.27B$13.92B$14.02B$13.32B$13.71B$14.47B$15.00B$13.50B
# Analysts2222222211146333676322223456615
Surprise %-----------------0.65%0.94%1.32%0.98%1.40%1.17%0.95%1.17%1.62%1.16%1.17%1.07%1.14%

Prudential Financial's average Quarter revenue forecast for Dec 23 based on 6 analysts is $12.99B, with a low forecast of $12.25B, and a high forecast of $15.05B. PRU's average Quarter revenue forecast represents a 55.58% increase compared to the company's last Quarter revenue of $8.35B (Sep 23).

Prudential Financial 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
# Analysts2222222211146333676322223456615
EBITDA-----------------$-1.06B$634.00M$2.29B$85.00M$-563.00M$17.00M$282.00M$1.86B$2.20B$3.15B$3.87B$1.13B$1.90B
Avg Forecast$14.25B$13.45B$12.77B$17.12B$12.19B$11.74B$11.31B$12.17B$11.62B$11.31B$10.86B$11.70B$11.33B$11.64B$10.57B$-94.24M$10.16B$9.97B$9.88B$-85.67M$1.33B$270.10M$226.05M$-67.73M$258.14M$245.34M$252.48M$2.17B$276.26M$248.54M
High Forecast$16.83B$15.88B$15.08B$20.21B$14.40B$13.87B$13.36B$14.38B$13.73B$13.36B$12.83B$15.94B$15.08B$12.09B$10.57B$-75.39M$11.76B$10.94B$11.67B$-68.54M$1.60B$270.10M$226.05M$-54.18M$258.14M$245.34M$252.48M$2.61B$276.26M$248.54M
Low Forecast$12.95B$12.22B$11.60B$15.55B$11.08B$10.67B$10.27B$11.06B$10.56B$10.28B$9.87B$10.26B$9.66B$11.19B$10.57B$-113.09M$9.57B$9.16B$8.98B$-102.81M$1.07B$270.10M$226.05M$-81.27M$258.14M$245.34M$252.48M$1.74B$276.26M$248.54M
Surprise %------------------0.11%0.06%-26.67%0.06%-2.08%0.08%-4.16%7.19%8.96%12.49%1.78%4.08%7.65%

7 analysts predict PRU's average Quarter EBITDA for Sep 23 to be $9.97B, with a high of $10.94B and a low of $9.16B. This is 1472.44% upper than Prudential Financial's previous annual EBITDA (Jun 23) of $634.00M.

Prudential Financial 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
# Analysts2222222211146333676322223456615
Net Income-----------------$-807.00M$511.00M$1.46B$-549.00M$-289.00M$21.00M$-46.00M$1.22B$1.53B$2.16B$2.83B$819.00M$1.49B
Avg Forecast$1.49B$1.60B$1.52B$1.48B$1.36B$1.47B$1.41B$1.37B$1.28B$1.39B$1.34B$1.28B$1.21B$1.25B$1.24B$-35.63M$937.29M$1.13B$1.09B$-32.39M$867.10M$721.93M$821.20M$-25.60M$845.31M$984.23M$1.12B$1.59B$928.17M$979.67M
High Forecast$1.84B$1.98B$1.88B$1.83B$1.68B$1.81B$1.74B$1.69B$1.59B$1.72B$1.65B$1.31B$1.26B$1.25B$1.24B$-28.50M$968.89M$1.17B$1.35B$-25.91M$1.04B$721.93M$821.20M$-20.48M$845.31M$984.23M$1.12B$1.91B$928.17M$979.67M
Low Forecast$1.31B$1.41B$1.34B$1.30B$1.20B$1.29B$1.24B$1.21B$1.13B$1.22B$1.18B$1.22B$1.19B$1.24B$1.24B$-42.75M$881.13M$1.08B$961.52M$-38.87M$693.68M$721.93M$821.20M$-30.72M$845.31M$984.23M$1.12B$1.27B$928.17M$979.67M
Surprise %------------------0.72%0.47%-45.14%-0.63%-0.40%0.03%1.80%1.44%1.55%1.92%1.78%0.88%1.52%

Prudential Financial's average Quarter net income forecast for Sep 23 is $1.13B, with a range of $1.08B to $1.17B. PRU's average Quarter net income forecast represents a 120.44% increase compared to the company's last Quarter net income of $511.00M (Jun 23).

Prudential Financial 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
# Analysts2222222211146333676322223456615
SG&A-----------------$3.07B$3.11B$4.50B$4.20B$3.85B$3.44B$3.62B$3.65B$3.58B$3.00B$3.01B$3.34B$3.46B
Avg Forecast$4.05B$3.82B$3.63B$4.87B$3.47B$3.34B$3.22B$3.46B$3.30B$3.22B$3.09B$3.33B$3.22B$3.31B$3.01B$3.69B$2.89B$2.83B$2.81B$3.35B$2.62B$3.69B$3.09B$2.65B$3.53B$3.36B$3.45B$1.69B$3.78B$3.40B
High Forecast$4.78B$4.51B$4.29B$5.75B$4.09B$3.94B$3.80B$4.09B$3.90B$3.80B$3.65B$4.53B$4.29B$3.44B$3.01B$4.43B$3.34B$3.11B$3.32B$4.03B$3.14B$3.69B$3.09B$3.18B$3.53B$3.36B$3.45B$2.03B$3.78B$3.40B
Low Forecast$3.68B$3.47B$3.30B$4.42B$3.15B$3.03B$2.92B$3.14B$3.00B$2.92B$2.81B$2.92B$2.75B$3.18B$3.01B$2.95B$2.72B$2.60B$2.55B$2.68B$2.10B$3.69B$3.09B$2.12B$3.53B$3.36B$3.45B$1.35B$3.78B$3.40B
Surprise %-----------------1.08%1.11%1.34%1.60%1.04%1.11%1.36%1.03%1.07%0.87%1.78%0.88%1.02%

Prudential Financial's average Quarter SG&A projection for Dec 23 is $2.89B, based on 6 Wall Street analysts, with a range of $2.72B to $3.34B. The forecast indicates a -5.83% fall compared to PRU last annual SG&A of $3.07B (Sep 23).

Prudential Financial 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
# Analysts2222222211146333676322223456615
EPS------------------$1.38$3.94$-1.49$-0.78$0.06$-0.12$3.22$3.93$5.52$7.14$2.07$3.76
Avg Forecast$4.15$4.47$4.25$4.13$3.79$4.08$3.94$3.82$3.58$3.87$3.73$3.57$3.37$3.47$3.45$3.14$2.61$3.14$3.04$2.96$2.54$2.00$2.28$2.70$2.34$2.73$3.11$2.76$2.57$2.72
High Forecast$5.12$5.52$5.25$5.10$4.68$5.05$4.86$4.72$4.42$4.78$4.60$3.66$3.52$3.49$3.45$3.14$2.70$3.25$3.76$3.66$3.13$2.00$2.28$2.70$2.34$2.73$3.11$2.76$2.57$2.72
Low Forecast$3.65$3.93$3.75$3.63$3.34$3.60$3.47$3.36$3.15$3.41$3.28$3.41$3.32$3.45$3.45$3.14$2.46$3.01$2.68$2.61$2.23$2.00$2.28$2.70$2.34$2.73$3.11$2.76$2.57$2.72
Surprise %------------------0.45%1.33%-0.59%-0.39%0.02%-0.04%1.37%1.44%1.77%2.58%0.80%1.38%

According to 7 Wall Street analysts, Prudential Financial's projected average Quarter EPS for Sep 23 is $3.14, with a low estimate of $3.01 and a high estimate of $3.25. This represents a 127.57% increase compared to PRU previous annual EPS of $1.38 (Jun 23).

Prudential Financial Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
METMetLife$81.25$90.5011.38%Buy
JXNJackson Financial$90.37$92.672.55%Hold
PRUPrudential Financial$118.89$119.670.66%Buy
AFLAflac$102.75$102.17-0.56%Hold
GLGlobe Life$105.78$103.71-1.96%Hold
BHFBrighthouse Financial$48.96$46.00-6.05%Hold
UNMUnum Group$72.86$67.40-7.49%Buy
LNCLincoln National$32.46$30.00-7.58%Hold
MFCManulife Financial$30.73$25.86-15.85%Buy

PRU Forecast FAQ

Is Prudential Financial a good buy?

Yes, according to 21 Wall Street analysts, Prudential Financial (PRU) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 47.62% of PRU's total ratings.

What is PRU's price target?

Prudential Financial (PRU) average price target is $119.67 with a range of $113 to $127, implying a 3.64% from its last price of $115.47. The data is based on 21 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Prudential Financial stock go up soon?

According to Wall Street analysts' prediction for PRU stock, the company can go up by 3.64% (from the last price of $115.47 to the average price target of $119.67), up by 9.99% based on the highest stock price target, and down by -2.14% based on the lowest stock price target.

Can Prudential Financial stock reach $200?

PRU's average twelve months analyst stock price target of $119.67 does not support the claim that Prudential Financial can reach $200 in the near future.

What are Prudential Financial's analysts' financial forecasts?

Prudential Financial's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $60.68B (high $71.66B, low $55.12B), average EBITDA is $47.42B (high $56.01B, low $43.08B), average net income is $5.61B (high $6.93B, low $4.94B), average SG&A $13.48B (high $15.92B, low $12.25B), and average EPS is $15.63 (high $19.31, low $13.77). PRU's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $73.68B (high $87.01B, low $66.94B), average EBITDA is $57.58B (high $68.01B, low $52.32B), average net income is $6.09B (high $7.53B, low $5.37B), average SG&A $16.37B (high $19.33B, low $14.87B), and average EPS is $16.99 (high $20.99, low $14.97).

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

Based on Prudential Financial's last annual report (Dec 2023), the company's revenue was $-3.169B, which missed the average analysts forecast of $51.28B by -106.18%. Apple's EBITDA was $-116M, missing the average prediction of $29.92B by -100.39%. The company's net income was $-207M, missing the average estimation of $3.12B by -106.63%. Apple's SG&A was $83M, missing the average forecast of $11.89B by -99.30%. Lastly, the company's EPS was $0, missing the average prediction of $11.76 by -100.00%. In terms of the last quarterly report (Sep 2023), Prudential Financial's revenue was $8.35B, missing the average analysts' forecast of $12.76B by -34.52%. The company's EBITDA was $-1.058B, missing the average prediction of $9.97B by -110.61%. Prudential Financial's net income was $-807M, missing the average estimation of $1.13B by -171.64%. The company's SG&A was $3.07B, beating the average forecast of $2.83B by 8.18%. Lastly, the company's EPS was $0, missing the average prediction of $3.14 by -100.00%