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Manulife Financial (MFC) Stock Forecast & Price Target

Manulife Financial logo
C$59.82 -1.52 (-2.48%)
As of 04:00 PM Eastern

Manulife Financial - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
1
Buy
11

Based on 12 Wall Street analysts who have issued ratings for Manulife Financial in the last 12 months, the stock has a consensus rating of "Buy." Out of the 12 analysts, 1 has given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for MFC.

Consensus Price Target

C$66.00
10.33% Upside
According to the 12 analysts' twelve-month price targets for Manulife Financial, the average price target is C$66.00. The highest price target for MFC is C$70.00, while the lowest price target for MFC is C$59.00. The average price target represents a forecasted upside of 10.33% from the current price of C$59.82.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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MFC Analyst Ratings Over Time

TypeCurrent Forecast
9/8/25 to 9/8/26
1 Month Ago
8/9/25 to 8/9/26
3 Months Ago
6/10/25 to 6/10/26
1 Year Ago
9/8/24 to 9/8/25
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$66.00C$66.00C$57.00C$47.75
Forecasted Upside10.33% Upside6.83% Upside4.07% Upside12.43% Upside
Consensus RatingBuyBuyBuyModerate Buy

MFC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MFC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Manulife Financial Stock vs. The Competition

TypeManulife FinancialFinance Companies
Consensus Rating Score
3.00
2.28
Consensus RatingBuyHold
News Sentiment Rating
Positive News

See Recent MFC News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/7/2026 Boost TargetOutperformC$67.00 ➝ C$70.00+13.25%
8/7/2026
Scotia logo
Scotia
Not Rated
 Boost TargetSector OutperformC$61.00 ➝ C$67.00+8.40%
8/7/2026 Boost TargetOutperformC$55.00 ➝ C$67.00+8.40%
8/7/2026 Boost TargetBuyC$63.00 ➝ C$68.00+10.01%
8/6/2026 Boost TargetEqual WeightC$56.00 ➝ C$59.00-6.07%
8/6/2026 Boost TargetBuyC$65.00 ➝ C$67.00+6.67%
7/23/2026 Boost TargetOutperformC$59.00 ➝ C$69.00+13.92%
7/21/2026 Boost TargetBuyC$61.00 ➝ C$70.00+15.89%
7/15/2026 Boost TargetSector OutperformC$56.00 ➝ C$61.00+0.84%
7/15/2026 Boost TargetC$61.00 ➝ C$69.00+14.07%
2/12/2026 Lower TargetBuyC$60.00 ➝ C$59.00+20.33%
10/16/2025 UpgradeStrong-Buy
11/21/2024 Boost TargetC$47.00 ➝ C$48.00+4.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:07 PM ET.


Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, September 4, 2026. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com.

Manulife Financial
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Manulife Financial Co.:

  • Manulife Financial Co. shares are currently trading at $61.34, which is significantly above the 200-day moving average of $54.48, indicating strong recent momentum and a bullish technical trend that often attracts long-term investors seeking growth.
  • The company recently reported a net margin of 11.62% and a return on equity of 12.98% for the quarter ended August 5, 2026, demonstrating efficient capital management and profitability that supports shareholder value.
  • Manulife Financial Co. offers a dividend yield of 3.30% with a payout ratio of 50.14%, providing a steady income stream for investors while retaining sufficient earnings for future growth and stability.
  • Analysts have raised their consensus price target to $66.00, representing an upside potential of approximately 7.7% from the current price, reflecting a positive outlook from financial experts who rate the stock as a Buy.
  • The company has a beta of 0.71, which is lower than the market average, suggesting that Manulife Financial Co. may offer lower volatility and serve as a stabilizing component in a diversified investment portfolio.

Manulife Financial
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Manulife Financial Co. for these reasons:

  • Insiders have been selling shares recently, with Patrick David Graham selling 6,843 shares at an average price of $62.06 and Rahul Madhav Joshi selling 25,000 shares at $54.29, which may signal a lack of confidence from those with the most knowledge of the company.
  • The stock price of $61.34 is close to the 52-week high of $63.58, which could indicate that the stock is overvalued in the short term and may be due for a correction or consolidation phase.
  • Manulife Financial Co. has a debt-to-equity ratio of 26.52, which is relatively high and could increase financial risk if interest rates rise or if the company faces economic downturns that affect its ability to service debt.
  • The company's revenue for the quarter ended August 5, 2026, was $20.34 billion, which is lower than the $22.03 billion reported in the previous quarter, suggesting a potential slowdown in top-line growth that could impact future earnings.
  • Despite the recent price increases, the stock has experienced volatility, with a 52-week low of $42.15, indicating that investors may face significant price swings and uncertainty in the near term.

MFC Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Manulife Financial is C$66.00, with a high forecast of C$70.00 and a low forecast of C$59.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There is currently 1 hold rating, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MFC shares.

According to analysts, Manulife Financial's stock has a predicted upside of 10.33% based on their 12-month stock forecasts.

Analysts like Manulife Financial more than other "finance" companies. The consensus rating for Manulife Financial is Buy while the average consensus rating for "finance" companies is Hold. Learn more on how MFC compares to other companies.


MarketBeat monitors more than a dozen sources for Manulife Financial analyst ratings, with the most recent rating issued on 8/7/2026.
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