PRU Stock - Prudential Financial, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $70.67B | $54.27B | $56.99B | $71.15B | $57.03B |
| Gross Profit | $17.52B | $17.55B | $11.89B | $28.28B | $15.21B |
| Gross Margin | 24.8% | 32.4% | 20.9% | 39.7% | 26.7% |
| Operating Income | $3.21B | $3.07B | $-1,892,000,000 | $10.84B | $-323,000,000 |
| Net Income | $2.73B | $2.49B | $-1,647,000,000 | $8.87B | $-374,000,000 |
| Net Margin | 3.9% | 4.6% | -2.9% | 12.5% | -0.7% |
| EPS | $7.54 | $6.76 | $-4.49 | $22.56 | $-1.00 |
Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block. The company offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. It also provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee and membership benefits plans, as well as sells accidental death and dismemberment, and other supplemental health solutions; and provides plan administration services in connection with its insurance coverages. In addition, the company develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and independent agent channels. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 16th 2025 | Mizuho | Initiation | Neutral | - |
| September 16th 2025 | Wolfe Research | Initiation | Peer Perform | - |
| January 23rd 2025 | BMO Capital Markets | Initiation | Underperform | $101 |
| November 14th 2024 | Evercore ISI | Upgrade | In-line | $140← $117 |
| October 9th 2024 | TD Cowen | Initiation | Hold | $130 |
| September 5th 2024 | Barclays | Initiation | Equal Weight | $118 |
| August 12th 2024 | Wells Fargo | Upgrade | Equal Weight | $113 |
| May 22nd 2024 | Jefferies | Upgrade | Buy | $143← $121 |
| February 9th 2024 | Raymond James | Downgrade | Market Perform | - |
| January 3rd 2024 | JP Morgan | Downgrade | Neutral | $118← $119 |
| October 5th 2023 | Deutsche Bank | Initiation | Hold | $99 |
| September 14th 2023 | Jefferies | Upgrade | Hold | $93← $70 |
| August 24th 2023 | Raymond James | Upgrade | Strong Buy | $125 |
| April 4th 2023 | JP Morgan | Upgrade | Overweight | $114 |
| January 9th 2023 | Goldman | Downgrade | Sell | $96← $98 |
Earnings History & Surprises
PRUEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 3, 2026 | $3.38 | — | — | — |
Q4 2025 | Oct 29, 2025 | $3.72 | $4.26 | +14.5% | ✓ BEAT |
Q3 2025 | Jul 30, 2025 | $3.22 | $3.58 | +11.2% | ✓ BEAT |
Q2 2025 | Apr 30, 2025 | $3.18 | $3.29 | +3.5% | ✓ BEAT |
Q1 2025 | Feb 4, 2025 | $3.36 | $2.96 | -11.9% | ✗ MISS |
Q4 2024 | Oct 30, 2024 | $3.47 | $3.48 | +0.3% | ✓ BEAT |
Q3 2024 | Aug 1, 2024 | $3.45 | $3.39 | -1.7% | ✗ MISS |
Q2 2024 | Apr 30, 2024 | $3.13 | $3.12 | -0.3% | ✗ MISS |
Q1 2024 | Feb 6, 2024 | $2.61 | $2.58 | -1.1% | ✗ MISS |
Q4 2023 | Nov 1, 2023 | $3.16 | $3.44 | +8.9% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $3.04 | $2.94 | -3.3% | ✗ MISS |
Q2 2023 | May 2, 2023 | $3.02 | $2.66 | -11.9% | ✗ MISS |
Q1 2023 | Feb 7, 2023 | $2.57 | $2.42 | -5.8% | ✗ MISS |
Q4 2022 | Nov 1, 2022 | $2.21 | $2.13 | -3.6% | ✗ MISS |
Q3 2022 | Aug 2, 2022 | $2.62 | $1.74 | -33.6% | ✗ MISS |
Q2 2022 | May 3, 2022 | $2.67 | $3.17 | +18.7% | ✓ BEAT |
Q1 2022 | Feb 3, 2022 | $2.36 | $3.18 | +34.7% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $2.74 | $3.78 | +38.0% | ✓ BEAT |
Q3 2021 | Aug 3, 2021 | $3.04 | $3.79 | +24.7% | ✓ BEAT |
Latest News
Mizuho Initiates Coverage On Prudential Financial with Neutral Rating, Announces Price Target of $125
➖ NeutralPrudential Financial Authorizes $1B Share Repurchase Program For 2026
📈 PositiveShares of stocks in the broader financial sector are trading higher amid overall market strength following the Fed's rate cut announcement.
📈 PositivePrudential Advisors Adds Premier Planning Partners With Over $550M Client Assets, Strengthening Midwest Presence And 2025 Growth Momentum
📈 PositivePrudential Advisors Launches iOS Mobile App For Its AI-Enhanced Advisors Connect Platform, Expanding On-The-Go Access For 3,000 Advisors Serving 3.5M Families
📈 PositivePrudential Advisors Expands National Footprint In 2025, Adding Veterans Managing Nearly $3 Billion And Boosting Headcount By 9%
📈 PositiveKeefe, Bruyette & Woods Maintains Market Perform on Prudential Financial, Raises Price Target to $118
📈 PositiveEvercore ISI Group Maintains In-Line on Prudential Financial, Raises Price Target to $122
➖ NeutralPrudential Financial Q3 Adj. EPS $4.26 Beats $3.69 Estimate, Sales $16.239B Beat $14.136B Estimate
📈 PositiveBarclays Maintains Equal-Weight on Prudential Financial, Lowers Price Target to $117
➖ NeutralMorgan Stanley Maintains Equal-Weight on Prudential Financial, Raises Price Target to $118
📈 PositivePrudential Financial And LPL Financial Collaborate To Bring To Market Insurance Overlay Retirement Lifetime Income Strategy For LPL's Managed Accounts Platform
📈 PositivePrudential's PGIM Teams Up With Partners Group To Offer New Multi-Asset Investment Options
📈 PositiveWolfe Research Initiates Coverage On Prudential Financial with Peer Perform Rating
➖ NeutralMorgan Stanley Maintains Equal-Weight on Prudential Financial, Raises Price Target to $117
➖ NeutralFrequently Asked Questions about PRU
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