Lincoln National Corporation (LNC)

Lincoln National Stock Forecast

Stock Price Forecast

According to 10 professional analysts, the 12-month price target for Lincoln National stock ranges from a low of $37 to a high of $53. The average analyst price target of $43.1 forecasts a 0.84% increase in the stock price over the next year.

Price Target: $43.10 (+0.84%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$37	$43.1	$43	$53
Change	-13.43%	+0.84%	+0.61%	+24.01%

* Price targets were last updated on Nov 3, 2025.

Analyst Ratings

The average analyst rating for Lincoln National stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	1	1	1	1
Hold	9	8	8	8	8	7
Sell	1	1	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	10	9	11	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Krueger Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $43 → $44	Hold	Maintains	$43 → $44	+2.95%	Nov 3, 2025
Brian Meredith UBS	UBS	Hold Maintains $42 → $43	Hold	Maintains	$42 → $43	+0.61%	Oct 31, 2025
Ryan Krueger Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $42 → $43	Hold	Maintains	$42 → $43	+0.61%	Oct 9, 2025
Thomas Gallagher Evercore ISI Group	Evercore ISI Group	Hold Maintains $45 → $46	Hold	Maintains	$45 → $46	+7.63%	Oct 9, 2025
Alex Scott Barclays	Barclays	Hold Maintains $42 → $46	Hold	Maintains	$42 → $46	+7.63%	Oct 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

19.23B

Increased by 7.00%

from 17.97B

Revenue Next Year

20.15B

Increased by 4.82%

from 19.23B

EPS This Year

7.97

Decreased by -56.72%

from 18.41

EPS Next Year

8.10

Increased by 1.68%

from 7.97

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	17.44B	17.72B	18.93B	11.70B	17.97B	19.23B	20.15B
Revenue Growth	1.05%	1.58%	6.83%	-38.17%	53.55%	7.00%	4.82%
EPS	2.56	19.96	7.79	-4.92	18.41	7.97	8.10
EPS Growth	-41.55%	679.86%	-60.99%	-	-	-56.72%	1.68%
Forward PE	-	-	-	-	-	5.36	5.27
No. Analysts	-	-	-	-	-	14	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	20.0B	21.7B
Avg	19.2B	20.2B
Low	18.6B	18.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	11.4%	12.8%
Avg	7.0%	4.8%
Low	3.6%	-5.3%

EPS Forecast

EPS	2025	2026	2027	2028
High	8.58	8.89
Avg	7.97	8.10
Low	7.39	6.88

EPS Growth

EPS Growth	2025	2026	2027	2028
High	-53.4%	11.6%
Avg	-56.7%	1.7%
Low	-59.9%	-13.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.