Prudential Financial (NYSE:PRU) Stock Price Target Raised at Piper Sandler

Key Points

• Piper Sandler raised its Prudential Financial price target from $120 to $133, while maintaining a neutral rating; the new target implies about 8% upside from the price cited in the report.
• Analyst views remain cautious overall: MarketBeat’s consensus rating is “Reduce,” with an average price target of $112.40, below the stock’s reported $123.13 price.
• Prudential’s quarterly EPS of $3.77 beat estimates of $3.33, but revenue of $14.45 billion missed forecasts and earnings were below the year-ago $4.26 per share.

Prudential Financial (NYSE:PRU - Get Free Report) had its target price increased by equities researchers at Piper Sandler from $120.00 to $133.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a "neutral" rating on the financial services provider's stock. Piper Sandler's price target suggests a potential upside of 8.01% from the company's current price.

Other analysts also recently issued reports about the stock. BMO Capital Markets boosted their price target on shares of Prudential Financial from $90.00 to $120.00 and gave the stock an "underperform" rating in a research note on Friday, August 21st. JPMorgan Chase & Co. decreased their price objective on Prudential Financial from $127.00 to $124.00 and set a "neutral" rating on the stock in a report on Thursday, October 22nd. TD Cowen lowered their target price on Prudential Financial from $114.00 to $112.00 and set a "hold" rating for the company in a research note on Wednesday, October 21st. Evercore reduced their price target on Prudential Financial from $110.00 to $106.00 in a research report on Friday, October 9th. Finally, Jefferies Financial Group decreased their price target on Prudential Financial from $116.00 to $109.00 and set a "buy" rating on the stock in a research note on Monday, October 12th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, Prudential Financial has a consensus rating of "Reduce" and an average target price of $112.40.

Prudential Financial Price Performance

PRU traded down $3.50 during midday trading on Thursday, hitting $123.13. The stock had a trading volume of 907,711 shares, compared to its average volume of 2,012,753. Prudential Financial has a 1 year low of $91.89 and a 1 year high of $128.78. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.16 and a current ratio of 0.16. The business has a fifty day moving average of $116.96 and a 200 day moving average of $108.86. The company has a market cap of $42.48 billion, a P/E ratio of 11.22, a price-to-earnings-growth ratio of 1.99 and a beta of 0.85.

Prudential Financial (NYSE:PRU - Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The financial services provider reported $3.77 earnings per share for the quarter, topping analysts' consensus estimates of $3.33 by $0.44. Prudential Financial had a net margin of 6.75% and a return on equity of 16.08%. The firm had revenue of $14.45 billion during the quarter, compared to analyst estimates of $14.66 billion. During the same period in the previous year, the business posted $4.26 EPS. As a group, equities analysts forecast that Prudential Financial will post 13.51 earnings per share for the current fiscal year.

Insider Transactions at Prudential Financial

In other Prudential Financial news, EVP Ann Kappler sold 7,652 shares of the firm's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $125.01, for a total value of $956,576.52. Following the completion of the sale, the executive vice president directly owned 14,407 shares in the company, valued at $1,801,019.07. This trade represents a 34.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.05% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PRU. Plimoth Trust Co. LLC increased its position in Prudential Financial by 2.4% during the 2nd quarter. Plimoth Trust Co. LLC now owns 3,860 shares of the financial services provider's stock valued at $417,000 after purchasing an additional 90 shares during the period. Security National Bank of SO Dak grew its stake in shares of Prudential Financial by 0.6% during the second quarter. Security National Bank of SO Dak now owns 14,676 shares of the financial services provider's stock worth $1,584,000 after acquiring an additional 90 shares during the last quarter. XXI Wealth LLC increased its position in shares of Prudential Financial by 5.0% in the 3rd quarter. XXI Wealth LLC now owns 1,967 shares of the financial services provider's stock valued at $223,000 after acquiring an additional 93 shares during the period. Prosperitas Financial LLC lifted its holdings in shares of Prudential Financial by 4.6% during the third quarter. Prosperitas Financial LLC now owns 2,186 shares of the financial services provider's stock worth $248,000 after purchasing an additional 96 shares during the period. Finally, Focused Wealth Management Inc boosted its holdings in Prudential Financial by 4.3% in the third quarter. Focused Wealth Management Inc now owns 2,360 shares of the financial services provider's stock valued at $268,000 after purchasing an additional 98 shares during the last quarter. Institutional investors own 56.83% of the company's stock.

Key Headlines Impacting Prudential Financial

Here are the key news stories impacting Prudential Financial this week:

• Positive Sentiment: Third-quarter adjusted earnings of $3.77 per share beat analyst estimates, with PGIM and U.S. Protection cited as sources of strength. The beat is supportive, although earnings were below the year-ago $4.26. Article: PRU Q3 Earnings Beat Estimates on PGIM and U.S. Protection Strength
• Positive Sentiment: Prudential expects its Japan units to resume business on February 1. It is also targeting about $3.1 billion in net proceeds from the $4.025 billion sale of its Brazil and Mexico businesses, part of a broader reshaping of its international footprint. Article: Prudential expects Japan units to return while targeting sale proceeds
• Positive Sentiment: Annuity sales reached a 13-year high, suggesting demand strength in a key business line. Article: Prudential annuity sales hit a 13-year high
• Neutral Sentiment: The Japan suspension reportedly reduced income by $191 million, while the company counted a $1.3 billion Japan-related cost as it reshapes its business. The return date offers a path forward, but the disruption and costs underscore execution risks. Article: Prudential counts Japan cost as it reshapes its footprint
• Negative Sentiment: Revenue of $14.45 billion came in below the $14.66 billion consensus, and earnings declined from the prior-year quarter. These results temper the positive surprise on earnings per share. Article: Prudential misses Q3 2026 revenue estimates
• Negative Sentiment: Analyst signals were cautious: Barclays raised its price target to $98 but maintained an underweight rating, and Zacks placed PRU on its Strong Sell list. Article: New Strong Sell Stocks for November 4th

Prudential Financial Company Profile

Prudential Financial, Inc NYSE: PRU is a global financial services company that provides insurance, retirement, investment management and related financial products. Founded in Newark, New Jersey, in 1875, the company serves individuals, businesses and institutional investors through a range of businesses and distribution channels.

In the United States, Prudential offers life insurance, annuities, retirement plans and employee benefits, including group life, disability and dental insurance.

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