Principal Financial Group, Inc. (PFG)

Principal Financial Group Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Principal Financial Group stock have an average target of 83.64, with a low estimate of 67 and a high estimate of 99. The average target predicts an increase of 2.37% from the current stock price of 81.70.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$67	$83.64	$87	$99
Change	-17.99%	+2.37%	+6.49%	+21.18%

Analyst Ratings

The average analyst rating for Principal Financial Group stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	1	1	1	1	1	1
Buy	1	2	2	2	2	2
Hold	7	7	7	7	7	7
Sell	4	4	3	3	3	3
Strong Sell	1	1	1	1	1	1
Total	14	15	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Krueger Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $86 → $87	Hold	Maintains	$86 → $87	+6.49%	May 7, 2025
Bob Huang Morgan Stanley	Morgan Stanley	Sell Maintains $65 → $67	Sell	Maintains	$65 → $67	-17.99%	May 6, 2025
Ryan Krueger Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $88 → $86	Hold	Maintains	$88 → $86	+5.26%	Apr 29, 2025
John Nadel UBS	UBS	Hold Maintains $93 → $80	Hold	Maintains	$93 → $80	-2.08%	Apr 29, 2025
Elyse Greenspan Wells Fargo	Wells Fargo	Sell Maintains $68 → $69	Sell	Maintains	$68 → $69	-15.54%	Apr 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

16.25B

Increased by 0.78%

from 16.13B

Revenue Next Year

16.96B

Increased by 4.32%

from 16.25B

EPS This Year

8.26

Increased by 23.61%

from 6.68

EPS Next Year

9.10

Increased by 10.16%

from 8.26

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	14.74B	14.43B	17.54B	13.67B	16.13B	16.25B	16.96B	17.68B
Revenue Growth	-9.13%	-2.13%	21.54%	-22.07%	18.02%	0.78%	4.32%	4.27%
EPS	5.05	5.79	18.63	2.55	6.68	8.26	9.10	10.05
EPS Growth	1.82%	14.65%	221.76%	-86.31%	161.96%	23.61%	10.16%	10.53%
Forward PE	-	-	-	-	-	9.89	8.98	8.13
No. Analysts	-	-	-	-	-	14	14	8

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	17.3B	18.1B	19.0B
Avg	16.3B	17.0B	17.7B
Low	15.1B	15.3B	16.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	7.1%	11.3%	12.3%
Avg	0.8%	4.3%	4.3%
Low	-6.6%	-5.8%	-4.7%

EPS Forecast

EPS	2025	2026	2027	2028
High	8.86	9.81	10.84
Avg	8.26	9.10	10.05
Low	7.56	8.02	8.97

EPS Growth

EPS Growth	2025	2026	2027	2028
High	32.7%	18.8%	19.1%
Avg	23.6%	10.2%	10.5%
Low	13.1%	-2.9%	-1.4%

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.