Morgan Stanley increases Principal Financial's price target from $75 to $77.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 18 2025
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Price Target Update: Morgan Stanley analyst Bob Huang increased the price target for Principal Financial from $75 to $77 while maintaining an Underweight rating on the shares.
Q2 Results Impact: The update follows Q2 results, prompting the firm to revise price targets for stocks in the Life Insurance segment under its coverage.
Earnings Performance: Nearly half of the life insurers covered by Morgan Stanley exceeded expectations on both reported and core earnings.
Drivers of Earnings Beats: The earnings beats were attributed to selective favorable underwriting and better-than-expected performance in macro-sensitive segments.
Analyst Views on PFG
Wall Street analysts forecast PFG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PFG is 91.33 USD with a low forecast of 74.00 USD and a high forecast of 103.00 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.
9 Analyst Rating
1 Buy
6 Hold
2 Sell
Hold
Current: 92.230
Low
74.00
Averages
91.33
High
103.00
Current: 92.230
Low
74.00
Averages
91.33
High
103.00
About PFG
Principal Financial Group, Inc. is a global financial company. The Company offers businesses, individuals, and institutional clients a range of financial products and services, including retirement, asset management and insurance, through its diverse family of financial services companies. The Company's segments include Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. The Retirement and Income Solutions segment offers workplace savings and retirement solutions, banking, trust and custodial services, individual variable annuities, and pension risk transfer, among others. The Principal Asset Management segment provides global investment solutions to institutional, retirement, retail, and high-net worth investors. The Benefits and Protection segment is organized into Specialty Benefits, which provides group dental, group life insurance, group disability insurance, supplemental health products, and individual disability and life insurance.
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.








