Prudential Financial (NYSE:PRU) Stock Price Expected to Rise, Piper Sandler Analyst Says

Prudential Financial (NYSE:PRU) had its price objective hoisted by equities researchers at Piper Sandler from $120.00 to $133.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Piper Sandler‘s target price would suggest a potential upside of 8.01% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. Jefferies Financial Group dropped their target price on shares of Prudential Financial from $116.00 to $109.00 and set a “buy” rating for the company in a report on Monday, October 12th. Wall Street Zen lowered shares of Prudential Financial from a “buy” rating to a “hold” rating in a research note on Monday, September 28th. Weiss Ratings downgraded Prudential Financial from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, October 14th. Keefe, Bruyette & Woods decreased their price target on Prudential Financial from $123.00 to $119.00 and set a “market perform” rating for the company in a research note on Friday, October 16th. Finally, Bank of America restated a “neutral” rating on shares of Prudential Financial in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $112.40.

Prudential Financial Trading Down 2.8%

Prudential Financial stock traded down $3.50 during trading on Thursday, hitting $123.13. The company had a trading volume of 907,711 shares, compared to its average volume of 2,012,753. The company’s 50 day simple moving average is $116.96 and its 200-day simple moving average is $108.86. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.62. Prudential Financial has a 1-year low of $91.89 and a 1-year high of $128.78. The stock has a market cap of $42.48 billion, a price-to-earnings ratio of 11.22, a price-to-earnings-growth ratio of 1.99 and a beta of 0.85.

Prudential Financial (NYSE:PRU) last posted its quarterly earnings results on Tuesday, November 3rd. The financial services provider reported $3.77 EPS for the quarter, topping the consensus estimate of $3.33 by $0.44. The company had revenue of $14.45 billion during the quarter, compared to analysts’ expectations of $14.66 billion. Prudential Financial had a net margin of 6.75% and a return on equity of 16.08%. During the same quarter in the previous year, the business posted $4.26 EPS. As a group, analysts expect that Prudential Financial will post 13.51 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Ann Kappler sold 7,652 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $125.01, for a total transaction of $956,576.52. Following the sale, the executive vice president directly owned 14,407 shares in the company, valued at approximately $1,801,019.07. This represents a 34.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.05% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of Prudential Financial during the second quarter worth approximately $3,507,481,000. State Street Corp boosted its position in shares of Prudential Financial by 1.2% during the 2nd quarter. State Street Corp now owns 17,164,760 shares of the financial services provider’s stock valued at $1,852,593,000 after purchasing an additional 209,179 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Prudential Financial by 4.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,758,545 shares of the financial services provider’s stock worth $367,089,000 after purchasing an additional 166,641 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Prudential Financial by 95.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,556,748 shares of the financial services provider’s stock worth $249,769,000 after purchasing an additional 1,247,371 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Prudential Financial in the 2nd quarter worth approximately $209,055,000. 56.83% of the stock is currently owned by institutional investors.

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

About Prudential Financial

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.