Lincoln National Corp's stock fell 4.52% and hit a 20-day low amid broader market gains, with the Nasdaq-100 and S&P 500 both up slightly.
The company announced it will report its Q4 and full year 2025 results on February 12, 2026, at 6:00 a.m. ET, which is expected to enhance investor confidence. A conference call will follow at 8:00 a.m. ET, allowing analysts and investors to discuss the earnings report in real-time, promoting transparency. Lincoln Financial has a strong customer base of approximately 17 million, managing account balances of $347 billion, indicating its solid market position.
The upcoming earnings report could provide critical insights into the company's performance, potentially influencing future stock movements.
Wall Street analysts forecast LNC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LNC is 46.82 USD with a low forecast of 39.00 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast LNC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LNC is 46.82 USD with a low forecast of 39.00 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
7 Hold
1 Sell
Hold
Current: 40.870
Low
39.00
Averages
46.82
High
59.00
Current: 40.870
Low
39.00
Averages
46.82
High
59.00
Barclays
Equal Weight
downgrade
$46 -> $45
2026-01-08
Reason
Barclays
Price Target
$46 -> $45
AI Analysis
2026-01-08
downgrade
Equal Weight
Reason
Barclays lowered the firm's price target on Lincoln National to $45 from $46 and keeps an Equal Weight rating on the shares. The firm is "cautiously optimistic" on life insurers heading into 2026, saying capital strength, cash flow, and consolidation offset headwinds like spread compression and technology spend. Barclays adjusted ratings and price targets as part of its 2026 outlook.
BofA
Neutral
downgrade
$44 -> $43
2026-01-05
Reason
BofA
Price Target
$44 -> $43
2026-01-05
downgrade
Neutral
Reason
BofA lowered the firm's price target on Lincoln National to $43 from $44 and keeps a Neutral rating on the shares. As in 2025, the pricing trends for most P&C insurance products do not appear positive, the analyst tells investors in a research note. While pricing for liability lines remains positive, it seems that loss costs are rising more steeply than prices, the analyst says, adding that personal auto rates are flattish, while some investors are expecting decline in response to high profitability. The firm added, however, that underwriter valuations hardly look expensive, even as fundamentals have tipped in the "wrong direction."
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for LNC
Unlock Now
Piper Sandler
John Barnidge
Neutral
maintain
$42 -> $48
2025-12-23
Reason
Piper Sandler
John Barnidge
Price Target
$42 -> $48
2025-12-23
maintain
Neutral
Reason
Piper Sandler analyst John Barnidge raised the firm's price target on Lincoln National to $48 from $42 and keeps a Neutral rating on the shares. The firm is generally above consensus across the board in lifecoland. The drop in rates has been more gradual than has otherwise been expected, which has been constructive for broader capital markets activity too. This likely causes some tailwind to fee and spread earnings in its coverage, Piper adds.
Morgan Stanley
Bob Huang
Overweight
maintain
$53 -> $54
2025-12-15
Reason
Morgan Stanley
Bob Huang
Price Target
$53 -> $54
2025-12-15
maintain
Overweight
Reason
Morgan Stanley analyst Bob Huang raised the firm's price target on Lincoln National to $54 from $53 and keeps an Overweight rating on the shares. Lower interest rates and a steady or better equity market should serve as the broader macro backdrops and 2026 should see "similar fundamental trends as 2025," the analyst tells investors in a life insurance group outlook note.
About LNC
Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. Its segments include Annuities, Life Insurance, Group Protection and Retirement Plan Services. The Annuities segment provides tax-deferred investment growth and lifetime income opportunities for its clients by offering variable annuities, fixed annuities and indexed variable annuities. The Life Insurance segment provides life insurance products, including term insurance, indexed universal life insurance (IUL) and variable universal life insurance (VUL) products, linked-benefit products, and critical illness and long-term care riders. The Group Protection segment offers group non-medical insurance products and services, including short- and long-term disability, statutory disability and paid family medical leave administration. The Company’s Retirement Plan Services segment provides employers with retirement plan products and services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.