Aflac Incorporated (AFL) earnings on April 29, 2026
More Aflac Incorporated earnings
Prior outlook: Pessimistic Outcome: Accurate
Aflac stock declined 2.18% after its quarterly report, having dropped as much as 5.61% during the market review day before recovering.
AFL price around the earnings
113.67
Change: -2.2%
2026-04-30, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
Analysts cautious — risk outweighs reward.
While the stock has recently moved higher, analysts are cautious due to expectations of modest growth and mixed company forecasts. Some analysts have also lowered their price targets.
Context analyzed before publication
- Summary
- Analysts cautious — risk outweighs reward.
- Playbook
- Analysts express caution, suggesting that the current risks may be greater than the potential rewards. The outlook may warrant caution until it becomes clearer.
- Trend
- Outlook deteriorating over past two sessions.
Analysts
Drivers
-
Analysts
Negative
Analysts generally hold a neutral stance, and the average price target suggests a slight decrease in value is possible. Some recent analyst actions include downgrades and reduced price targets.
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 3.07
- Analysts covering the stock
- 14
- Average price target
- 111.86
- Lowest price target
- 97
- Highest price target
- 130
- Upside to price target
- -3.5%
- Quarterly earnings growth
- -27.5%
- Revenue growth
- -9.9%
- Forward EPS
- 7.71
- Trailing EPS
- 6.82
- Analyst moves in the last 60 days
- 5
- Strong buy: 2
- Buy: 1
- Hold: 8
- Sell: 2
- Strong sell: 1
- Strong buy
- 2
- Buy
- 1
- Hold
- 8
- Sell
- 2
- Strong sell
- 1
- April 13, 2026 · Mizuho: Maintains rating (Underperform → Underperform)
- April 10, 2026 · Keefe, Bruyette & Woods: Maintains rating (Market Perform → Market Perform)
- April 10, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
- April 9, 2026 · UBS: Maintains rating (Neutral → Neutral)
- February 25, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
News and sentiment
Drivers
-
News & sentiment
Negative
Recent news reflects a negative shift in analyst sentiment, with more price targets being lowered than raised. While online sentiment is very positive, it is based on low market review volume and contradicts analyst views.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (7)
- Mizuho Maintains Underperform on Aflac, Lowers Price Target to $102 — Benzinga
- Keefe, Bruyette & Woods Maintains Market Perform on Aflac, Raises Price Target to $115 — Benzinga
- Wells Fargo Maintains Equal-Weight on Aflac, Lowers Price Target to $116 — Benzinga
- UBS Maintains Neutral on Aflac, Lowers Price Target to $114 — Benzinga
- Aflac Announced That Aflac Re Bermuda Ltd. Has Reached An Agreement With Japan Post Insurance Co., Ltd. To Reinsure A Block Of Whole Life Annuities Through Coinsurance — Benzinga
- If You Invested $100 In Aflac Stock 5 Years Ago, You Would Have This Much Today — Benzinga
- Keefe, Bruyette & Woods Reinstates Market Perform on Aflac, Announces $113 Price Target — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock has experienced positive price movement recently and is showing strength relative to the market. It is currently positioned favorably near a support level.
Evidence
- Average true range (ATR)
- 1.4%
- Distance to 52-week high
- -2.8%
- 14-day change (14d)
- +5.8%
- 30-day change
- +5.1%
- 30-day relative strength
- +1.4%
- Benchmark change
- +3.8%
- Nearest support
- 105.93
- Nearest resistance
- 116.7
- Volume accumulation ratio
- 0.88
Trends
Evidence
- Average earnings surprise
- +0.2%
- February 4, 2026: actual EPS 2.64 vs estimate 1.66 (surprise +58.9%)
- November 4, 2025: actual EPS 3.08 vs estimate 1.78 (surprise +73.4%)
- August 5, 2025: actual EPS 1.11 vs estimate 1.69 (surprise -34.4%)
- April 30, 2025: actual EPS 0.05 vs estimate 1.67 (surprise -97.0%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.5%
- 75th percentile move
- 5.3%
- 90th percentile move
- 6.3%
- Up / down moves
- 11 / 8
- Average up move
- +3.7%
- Average down move
- -4.2%
Monitoring and close
What Aflac Incorporated reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -2.2%
- Max favorable move (MFE)
- 5.6%
- Max adverse move (MAE)
- 0%