Based on our research and technical analysis, we will forecast Prudential Financial Inc’s share price for the years 2024, 2025 to 2030. The company provides insurance, investment and savings services to its customers in more than 40 countries around the world.
Prudential Financial is listed on the New York Stock Exchange (NYSE) under the ticker symbol “PRU”. If you look at its past, no significant growth has been seen in the last 5 years.
In 2018, its share price was $106.32, and its current share price is $82.74, showing a decline of about 29.26%↓ in 5 years. This stock is stable and will hold well for the long term and you can expect good returns.
According to the latest news, Prudential Financial, Inc reported a 2023 Q1 net income of $1.462 billion ($3.93 per common share), while a 2022 Q1 net loss was $493 million ($1.33 per common share).
About Prudential Financial Inc
Prudential Financial is a financial services company that provides a wide range of insurance, investment and retirement solutions for individuals and institutions. The company was established in 1848 and is headquartered in New York, USA.
It has operations in more than 40 countries in Asia, America, Europe and Africa. The company offers financial products such as life insurance, annuities, mutual funds, retirement plans, investment management, etc.
Prudential is the world’s largest life insurance company committed to promoting financial wellness and helping customers achieve their financial goals.
Fundamentals of Prudential Financial Inc
In recent months, there is a falling trend in the share price of the company and it may continue for the next 3 months. In the same year, it will rise again and the maximum share price can be $85.32.
| Industry | Insurance Retirement Investment |
| Primary Exchnage | NYSE |
| Type | Public |
| Market Capitalization | $30.36 billion |
| Traded Volume | 2,493,400 |
| Revenue (2021) | $70.934 billion |
| Net Profit (2021) | $7.724 billion |
| Net Profit Margin | 4.16% |
| EPS | 2.42 |
| PE Ratio | — |
| ROE | — |
| Dividend Yield | 6.04% |
| 52 Week Low | 75.37 |
| 52 Week High | 122.54 |
| D/E Ratio | 34.6% |
| Official Website | https://investor.prudential.com |
Prudential Share Price Predictions for 2024, 2025 to 2030
Market experts say that there is a target price of $130 to $155 in the next 2-3 years. However, the share price target is not guaranteed and the actual share price may differ from the target price.
As the company did not show a boom in its share price and showed average financial performance over the years. At present, the share price of this company is trading at $82.05 in the stock market.
Prudential Live Share Price Chart:
Note: In this prediction, we will present our target price for Prudential Financial Inc shares based on our research and technical analysis. The share price forecast is an estimated value and may differ from the actual share price.
2024
The first possible target price of Prudential shares is in the range of $ 85.45 to $105.15 in early 2024. In the same year, the maximum possible target price for Prudential shares could be $112.23 to $123.41 at the end of the year.
2025
As per our research and forecast system, the minimum target price for Prudential shares could be $124.28 to $138.82. And $136.26 to $152.32 is the maximum possible target price for Prudential shares by 2025.
2026
In 2026, the minimum share price for Prudential Financial could be $141.12 to $158.26. And the maximum target price for Prudential shares could be $145.42 to Rs 166.21 at the end of the year.
2028
The first target price for Prudential shares is in the range of $173.20 to $182.26 for early 2028. In the same year, it will show upward momentum and the maximum target price for Prudential shares could be $201.27 to $233.72 by 2028.
2030
According to our research and forecast system, the first target price for Prudential shares is in the range of $245.13 to $258.52. And second, an upper target price for Prudential shares could be $264.21 to $282.32 at the end of 2030.
Prudential Financial Inc’s Latest news
Prudential Financial, Inc presented its first-quarter results. Net income attributable to Prudential Financial, Inc for the first quarter of 2023 was $1.462 billion ($3.93 per common share), compared with a net loss of $493 million ($1.33 per common share) for the first quarter of 2022. Tax-adjusted operating income for the first quarter of 2023 is $990 million ($2.66 per common share). For more information check here
FAQs
The maximum target price for Prudential shares could be $136.26 to $152.32 by 2025.
Prudential Financial Inc is a financial services company and can be good for the long term.
The maximum target price for Prudential shares could be $264.21 to $282.32 at the end of 2030.
Disclaimer: The share price forecasts on our website (bankshala.com) are for general information only. We are not registered financial advisors and no part of the content should be considered as financial advice. Before investing in any company you should do your own research and consult with your financial advisor.
