Piper Sandler has revised its price target for Prudential (PRU, Financial), lowering it from $122 to $110, while maintaining a Neutral rating on the stock. This adjustment follows Prudential's early disclosure of several financial metrics for the first quarter of 2025.
The investment firm expressed concerns over the company's pre-announced figures related to Assets Under Management (AUM), expenses, and incentive fees, viewing them as slightly negative. Additionally, Piper Sandler highlighted that the anticipated normalization for fee and spread-related activities appears to be delayed, potentially impacting the company's short-term financial performance.
Investors and analysts will be closely monitoring how Prudential addresses these challenges as the company moves forward into the next fiscal year.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Prudential Financial Inc (PRU, Financial) is $115.83 with a high estimate of $134.00 and a low estimate of $80.00. The average target implies an upside of 14.20% from the current price of $101.43. More detailed estimate data can be found on the Prudential Financial Inc (PRU) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Prudential Financial Inc's (PRU, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Prudential Financial Inc (PRU, Financial) in one year is $103.45, suggesting a upside of 1.99% from the current price of $101.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Prudential Financial Inc (PRU) Summary page.
