Voya Financial (VOYA) Stock Forecast, Price Target & Predictions
VOYA Stock Forecast
Voya Financial stock forecast is as follows: an average price target of $81.56 (represents a -1.65% downside from VOYA’s last price of $82.93) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.
VOYA Price Target
The average price target for Voya Financial (VOYA) is $81.56 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $89.00 to $70.00. This represents a potential -1.65% downside from VOYA's last price of $82.93.
VOYA Analyst Ratings
According to 23 Wall Street analysts, Voya Financial's rating consensus is 'Buy'. The analyst rating breakdown for VOYA stock is 0 'Strong Buy' (0.00%), 16 'Buy' (69.57%), 7 'Hold' (30.43%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Voya Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 10, 2024 | Joshua Shanker | Bank of America Securities | $88.00 | $79.23 | 11.07% | 6.11% |
| Sep 11, 2024 | Thomas Gallagher | Evercore ISI | $82.00 | $74.94 | 9.42% | -1.12% |
| Sep 05, 2024 | John Barnidge | Piper Sandler | $84.00 | $70.82 | 18.61% | 1.29% |
| Sep 04, 2024 | Alex Scott | Barclays | $84.00 | $71.07 | 18.19% | 1.29% |
| Apr 05, 2024 | John Barnidge | Piper Sandler | $86.00 | $70.78 | 21.50% | 3.70% |
| Apr 25, 2023 | Wilma Burdis | Raymond James | $89.00 | $75.16 | 18.41% | 7.32% |
| Sep 22, 2022 | Wilma Burdis | Raymond James | $84.00 | $62.65 | 34.08% | 1.29% |
| Jun 15, 2022 | Alex Scott | Goldman Sachs | $80.00 | $60.89 | 31.38% | -3.53% |
| May 04, 2022 | - | Morgan Stanley | $75.00 | $65.96 | 13.71% | -9.56% |
| Aug 19, 2021 | Andrew Kligerman | Credit Suisse | $82.00 | $63.58 | 28.97% | -1.12% |
The latest Voya Financial stock forecast, released on Oct 10, 2024 by Joshua Shanker from Bank of America Securities, set a price target of $88.00, which represents a 11.07% increase from the stock price at the time of the forecast ($79.23), and a 6.11% increase from VOYA last price ($82.93).
Voya Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 5 |
| Avg Price Target | $88.00 | $84.50 | $84.80 |
| Last Closing Price | $82.93 | $82.93 | $82.93 |
| Upside/Downside | 6.11% | 1.89% | 2.25% |
In the current month, the average price target of Voya Financial stock is $88.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 6.11% increase as opposed to Voya Financial's last price of $82.93. This month's average price target is up 4.14% compared to last quarter, and up 3.77% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 05, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Oct 11, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 08, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 02, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 02, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 14, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 13, 2024 | Raymond James | Strong Buy | Market Perform | Downgrade |
| Sep 11, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Sep 11, 2024 | Wells Fargo | Buy | Buy | Hold |
| Sep 11, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Voya Financial's last stock rating was published by Bank of America Securities on Nov 05, 2024. The company gave VOYA a "Buy" rating, the same as its previous rate.
Voya Financial Financial Forecast
Voya Financial Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.82B | $1.73B | $1.76B | $1.59B | $136.00M | $1.40B | $1.51B | $1.68B | $2.01B | $2.50B | $-1.96B | $2.23B | $2.07B |
| Avg Forecast | $2.15B | $2.15B | $2.14B | $2.13B | $2.12B | $2.11B | $2.11B | $2.11B | $1.82B | $1.82B | $1.81B | $1.80B | $1.75B | $1.86B | $1.87B | $1.80B | $1.72B | $1.73B | $1.73B | $1.66B | $1.55B | $1.48B | $1.48B | $1.59B | $1.53B | $1.55B | $1.52B | $1.50B | $1.44B | $1.41B |
| High Forecast | $2.20B | $2.19B | $2.18B | $2.18B | $2.16B | $2.16B | $2.16B | $2.15B | $1.86B | $1.86B | $1.85B | $1.84B | $1.79B | $1.88B | $1.87B | $1.80B | $1.91B | $1.74B | $1.76B | $1.70B | $1.59B | $1.48B | $1.48B | $1.59B | $1.53B | $1.55B | $1.52B | $1.50B | $1.44B | $1.41B |
| Low Forecast | $2.11B | $2.11B | $2.10B | $2.10B | $2.08B | $2.08B | $2.08B | $2.07B | $1.79B | $1.79B | $1.78B | $1.78B | $1.71B | $1.85B | $1.87B | $1.80B | $1.58B | $1.71B | $1.70B | $1.63B | $1.53B | $1.48B | $1.48B | $1.59B | $1.53B | $1.55B | $1.52B | $1.50B | $1.44B | $1.41B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.00% | 1.06% | 1.03% | 0.09% | 0.95% | 0.95% | 1.10% | 1.30% | 1.65% | -1.30% | 1.55% | 1.47% |
Voya Financial's average Quarter revenue forecast for Dec 23 based on 3 analysts is $1.72B, with a low forecast of $1.58B, and a high forecast of $1.91B. VOYA's average Quarter revenue forecast represents a -5.89% decrease compared to the company's last Quarter revenue of $1.82B (Sep 23).
Voya Financial EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $172.00M | $100.00M | $127.00M | $170.00M | $256.00M | $107.00M | $74.00M | $274.00M | $246.00M | $626.00M | $1.11B | $367.00M | $-346.00M |
| Avg Forecast | $188.98M | $188.88M | $188.06M | $187.76M | $186.24M | $185.73M | $185.85M | $185.40M | $160.48M | $159.91M | $159.66M | $158.83M | $153.94M | $163.92M | $164.73M | $87.67M | $150.98M | $151.83M | $151.83M | $79.70M | $215.87M | $130.45M | $130.44M | $72.46M | $134.53M | $136.43M | $133.50M | $695.20M | $126.60M | $124.15M |
| High Forecast | $193.21M | $193.11M | $192.27M | $191.96M | $190.40M | $189.89M | $190.01M | $189.55M | $164.07M | $163.49M | $163.24M | $162.07M | $157.68M | $165.08M | $164.74M | $105.21M | $168.49M | $153.31M | $155.22M | $95.64M | $259.04M | $130.45M | $130.44M | $86.95M | $134.53M | $136.43M | $133.50M | $834.24M | $126.60M | $124.15M |
| Low Forecast | $185.83M | $185.74M | $184.93M | $184.64M | $183.13M | $182.64M | $182.75M | $182.31M | $157.81M | $157.25M | $157.01M | $156.70M | $150.89M | $162.91M | $164.72M | $70.14M | $139.25M | $150.76M | $149.30M | $63.76M | $172.69M | $130.45M | $130.44M | $57.97M | $134.53M | $136.43M | $133.50M | $556.16M | $126.60M | $124.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 0.66% | 1.59% | 0.79% | 1.96% | 0.82% | 1.02% | 2.04% | 1.80% | 4.69% | 1.59% | 2.90% | -2.79% |
3 analysts predict VOYA's average Quarter EBITDA for Dec 23 to be $150.98M, with a high of $168.49M and a low of $139.25M. This is -12.22% lower than Voya Financial's previous annual EBITDA (Sep 23) of $172.00M.
Voya Financial Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $246.00M | $158.00M | $129.00M | $137.00M | $69.00M | $143.00M | $91.00M | $502.00M | $156.00M | $463.00M | $1.10B | $264.00M | $-319.00M |
| Avg Forecast | $316.14M | $314.05M | $325.29M | $269.48M | $291.64M | $295.87M | $300.63M | $249.09M | $259.10M | $260.56M | $259.85M | $205.23M | $213.68M | $201.00M | $214.61M | $31.99M | $180.21M | $205.29M | $199.83M | $29.08M | $320.65M | $110.26M | $142.16M | $26.44M | $154.76M | $164.58M | $151.01M | $691.43M | $149.63M | $139.51M |
| High Forecast | $325.34M | $323.19M | $334.75M | $277.32M | $300.12M | $304.47M | $309.37M | $256.34M | $266.64M | $268.14M | $267.41M | $219.45M | $218.58M | $217.75M | $214.97M | $38.39M | $204.24M | $213.23M | $205.64M | $34.90M | $384.78M | $110.26M | $142.16M | $31.73M | $154.76M | $164.58M | $151.01M | $829.71M | $149.63M | $139.51M |
| Low Forecast | $309.30M | $307.25M | $318.25M | $263.65M | $285.32M | $289.46M | $294.12M | $243.70M | $253.49M | $254.92M | $254.23M | $189.99M | $207.80M | $183.26M | $214.26M | $25.59M | $161.73M | $188.43M | $195.50M | $23.27M | $256.52M | $110.26M | $142.16M | $21.15M | $154.76M | $164.58M | $151.01M | $553.14M | $149.63M | $139.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 0.79% | 4.44% | 0.43% | 0.63% | 1.01% | 3.44% | 3.24% | 0.95% | 3.07% | 1.59% | 1.76% | -2.29% |
Voya Financial's average Quarter net income forecast for Dec 23 is $180.21M, with a range of $161.73M to $204.24M. VOYA's average Quarter net income forecast represents a -26.74% decrease compared to the company's last Quarter net income of $246.00M (Sep 23).
Voya Financial SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $511.00M |
| Avg Forecast | $1.01B | $1.01B | $1.01B | $1.00B | $996.61M | $993.90M | $994.53M | $992.14M | $858.77M | $855.73M | $854.42M | $849.94M | $823.79M | $877.18M | $881.53M | $846.82M | $807.93M | $812.48M | $812.47M | $782.74M | $730.78M | $698.06M | $698.02M | $749.16M | $719.94M | $730.06M | $714.40M | $708.12M | $677.49M | $664.36M |
| High Forecast | $1.03B | $1.03B | $1.03B | $1.03B | $1.02B | $1.02B | $1.02B | $1.01B | $877.98M | $874.88M | $873.53M | $867.28M | $843.81M | $883.39M | $881.59M | $846.82M | $901.65M | $820.39M | $830.65M | $800.25M | $747.13M | $698.06M | $698.02M | $749.16M | $719.94M | $730.06M | $714.40M | $708.12M | $677.49M | $664.36M |
| Low Forecast | $994.45M | $993.93M | $989.63M | $988.05M | $980.01M | $977.34M | $977.96M | $975.62M | $844.47M | $841.48M | $840.18M | $838.54M | $807.46M | $871.77M | $881.48M | $846.82M | $745.19M | $806.78M | $798.93M | $769.70M | $718.61M | $698.06M | $698.02M | $749.16M | $719.94M | $730.06M | $714.40M | $708.12M | $677.49M | $664.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% |
Voya Financial's average Quarter SG&A projection for Dec 20 is $677.49M, based on 3 Wall Street analysts, with a range of $677.49M to $677.49M. The forecast indicates a 32.58% rise compared to VOYA last annual SG&A of $511.00M (Sep 20).
Voya Financial EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.35 | $1.50 | $1.32 | $1.41 | $0.70 | $1.41 | $0.26 | $4.56 | $1.24 | $3.81 | $8.85 | $2.70 | $-2.64 |
| Avg Forecast | $3.16 | $3.14 | $3.25 | $2.69 | $2.92 | $2.96 | $3.01 | $2.49 | $2.59 | $2.61 | $2.60 | $2.05 | $2.14 | $2.01 | $2.15 | $1.63 | $1.80 | $2.05 | $2.00 | $1.71 | $1.57 | $1.08 | $1.39 | $1.43 | $1.51 | $1.61 | $1.48 | $1.14 | $1.46 | $1.36 |
| High Forecast | $3.25 | $3.23 | $3.35 | $2.77 | $3.00 | $3.04 | $3.09 | $2.56 | $2.67 | $2.68 | $2.67 | $2.19 | $2.19 | $2.18 | $2.15 | $1.66 | $2.04 | $2.13 | $2.06 | $1.76 | $1.62 | $1.08 | $1.39 | $1.43 | $1.51 | $1.61 | $1.48 | $1.14 | $1.46 | $1.36 |
| Low Forecast | $3.09 | $3.07 | $3.18 | $2.64 | $2.85 | $2.89 | $2.94 | $2.44 | $2.53 | $2.55 | $2.54 | $1.90 | $2.08 | $1.83 | $2.14 | $1.60 | $1.62 | $1.88 | $1.96 | $1.67 | $1.54 | $1.08 | $1.39 | $1.43 | $1.51 | $1.61 | $1.48 | $1.14 | $1.46 | $1.36 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.75% | 0.77% | 0.90% | 0.65% | 1.01% | 0.18% | 3.01% | 0.77% | 2.58% | 7.78% | 1.85% | -1.94% |
According to 3 Wall Street analysts, Voya Financial's projected average Quarter EPS for Dec 23 is $1.80, with a low estimate of $1.62 and a high estimate of $2.04. This represents a -23.31% decrease compared to VOYA previous annual EPS of $2.35 (Sep 23).
VOYA Forecast FAQ
Is Voya Financial a good buy?
Yes, according to 23 Wall Street analysts, Voya Financial (VOYA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 16 'Buy' recommendations, accounting for 69.57% of VOYA's total ratings.
What is VOYA's price target?
Voya Financial (VOYA) average price target is $81.56 with a range of $70 to $89, implying a -1.65% from its last price of $82.93. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Voya Financial stock go up soon?
According to Wall Street analysts' prediction for VOYA stock, the company can go down by -1.65% (from the last price of $82.93 to the average price target of $81.56), up by 7.32% based on the highest stock price target, and down by -15.59% based on the lowest stock price target.
Can Voya Financial stock reach $120?
VOYA's average twelve months analyst stock price target of $81.56 does not support the claim that Voya Financial can reach $120 in the near future.
What is Voya Financial's current price target trend?
1 Wall Street analyst forecast a $88 price target for Voya Financial (VOYA) this month, up 6.11% from its last price of $82.93. Compared to the last 3 and 12 months, the average price target increased by 1.89% and increased by 2.25%, respectively.
What are Voya Financial's analysts' financial forecasts?
Voya Financial's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.45B (high $8.63B, low $8.3B), average EBITDA is $743.21M (high $759.84M, low $730.83M), average net income is $1.14B (high $1.17B, low $1.11B), average SG&A $3.98B (high $4.07B, low $3.91B), and average EPS is $11.37 (high $11.7, low $11.13). VOYA's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.56B (high $8.76B, low $8.42B), average EBITDA is $753.69M (high $770.55M, low $741.14M), average net income is $1.22B (high $1.26B, low $1.2B), average SG&A $4.03B (high $4.12B, low $3.97B), and average EPS is $12.25 (high $12.61, low $11.98).
Did the VOYA's actual financial results beat the analysts' financial forecasts?
Based on Voya Financial's last annual report (Dec 2023), the company's revenue was $7.35B, beating the average analysts forecast of $6.83B by 7.62%. Apple's EBITDA was $729M, beating the average prediction of $534.34M by 36.43%. The company's net income was $729M, beating the average estimation of $614.42M by 18.65%. Apple's SG&A was $0, missing the average forecast of $3.22B by -100.00%. Lastly, the company's EPS was $5.74, missing the average prediction of $7.56 by -24.10%. In terms of the last quarterly report (Sep 2023), Voya Financial's revenue was $1.82B, beating the average analysts' forecast of $1.73B by 5.67%. The company's EBITDA was $172M, beating the average prediction of $151.83M by 13.29%. Voya Financial's net income was $246M, beating the average estimation of $205.29M by 19.83%. The company's SG&A was $0, missing the average forecast of $812.48M by -100.00%. Lastly, the company's EPS was $2.35, beating the average prediction of $2.05 by 14.47%