Aflac Incorporated (AFL) earnings on August 6, 2026
More Aflac Incorporated earnings
Prior outlook: Pessimistic Outcome: Accurate
Aflac's stock fell after the company reported quarterly results that didn't meet what analysts expected. The stock dropped as much as 2.9% during the day before closing down 1.6%.
AFL price around the earnings
124.61
Change: -1.6%
2026-08-07, 20:00 UTC
Start of the measured window
End of the measured window
123.14
125.43
127.71
130.00
126.64
August 6, 2026
August 7, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
- Results released
Positive trend strength offset by analyst downside targets and extreme retail crowding; trajectory collapse contexts deterioration.
Context analyzed before publication
- Trend
- Collapsed from +17.3 (Jul 31) to -67.9 (Aug 6); sharp deterioration into event.
Analysts
Evidence
- Analyst moves in the last 60 days
- 8
- Strong buy: 2
- Buy: 1
- Hold: 8
- Sell: 2
- Strong sell: 1
- Strong buy
- 2
- Buy
- 1
- Hold
- 8
- Sell
- 2
- Strong sell
- 1
- July 22, 2026 · TD Cowen: Maintains rating (Hold → Hold)
- July 21, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
- July 13, 2026 · Evercore ISI Group: Maintains rating (Underperform → Underperform)
- July 13, 2026 · Keefe, Bruyette & Woods: Maintains rating (Market Perform → Market Perform)
- July 10, 2026 · Jefferies: Maintains rating (Hold → Hold)
- July 9, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
- July 8, 2026 · UBS: Maintains rating (Neutral → Neutral)
- July 7, 2026 · Barclays: Maintains rating (Underweight → Underweight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (8)
- TD Cowen Maintains Hold on Aflac, Raises Price Target to $110 (opens in a new tab) — Benzinga
- Live On CNBC, Josh Brown Hosts Segment Titled "Josh's Best Stocks In The Market" Sector Spotlight: Insurance: State Street SPDR S&P Insurance ETF; The Travelers Companies; Chubb; AFLAC (opens in a new tab) — Benzinga
- JP Morgan Maintains Neutral on Aflac, Raises Price Target to $117 (opens in a new tab) — Benzinga
- Evercore ISI Group Maintains Underperform on Aflac, Raises Price Target to $115 (opens in a new tab) — Benzinga
- Keefe, Bruyette & Woods Maintains Market Perform on Aflac, Raises Price Target to $120 (opens in a new tab) — Benzinga
- Jefferies Maintains Hold on Aflac, Raises Price Target to $108 (opens in a new tab) — Benzinga
- Wells Fargo Maintains Equal-Weight on Aflac, Raises Price Target to $120 (opens in a new tab) — Benzinga
- UBS Maintains Neutral on Aflac, Raises Price Target to $124 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 125.57
- Average true range (ATR)
- 1.5%
- Distance to 52-week high
- -2.4%
- 14-day change (14d)
- +1.6%
- 30-day change (30d)
- +4.2%
- 30-day relative strength
- +1.8%
- SPY change (30d)
- +2.5%
- Nearest support
- 125
- Distance to nearest support
- 0.5%
- Nearest resistance
- 125.75
- Distance to nearest resistance
- 0.1%
- Volume accumulation ratio (14d / 46d)
- 0.83
- Mid: 125 (0.5% away, 0.31 ATR, 3 touches)
- Mid: 124.35 (1% away, 0.66 ATR, 13 touches)
- Minor: 123.9 (1.3% away, 0.91 ATR, 7 touches)
- Mid: 125.75 (0.1% away, 0.1 ATR, 16 touches)
- Mid: 126.76 (1% away, 0.65 ATR, 8 touches)
- Mid: 127.61 (1.6% away, 1.11 ATR, 4 touches)
Trends
Evidence
- Average earnings surprise
- +8.7%
- April 29, 2026: actual EPS 1.75 vs estimate 1.8 (surprise -2.5%)
- February 4, 2026: actual EPS 1.57 vs estimate 1.69 (surprise -7.3%)
- November 4, 2025: actual EPS 2.49 vs estimate 1.78 (surprise +40.2%)
- August 5, 2025: actual EPS 1.78 vs estimate 1.71 (surprise +4.3%)
Expected move
- Implied move
- +4.3%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 3.4%
- 75th percentile move
- 5.1%
- 90th percentile move
- 6.3%
- Up / down moves
- 11 / 9
- Average up move
- +3.7%
- Average down move
- -4.0%
Monitoring and close
What Aflac Incorporated reported
- Status
- Finished
| Actual EPS | 1.75 |
|---|---|
| EPS estimate | 1.77 |
| EPS surprise | -1.1% |
| Revenue | $4,117 million |
| Revenue estimate | $4,162 million |
| Revenue surprise | -1.1% |
Aflac's adjusted earnings of $1.75 per share missed the $1.77 estimate. Revenue of $4.117 billion also fell short of the expected $4.162 billion.
Sources (2)
- Aflac's adjusted earnings of $1.75 per share missed the $1.77 estimate. Revenue of $4.117 billion also fell short of the expected $4.162 billion. — Benzinga
- Aflac Q2 Adj. EPS $1.75 Misses $1.77 Estimate, Sales $4.117B Miss $4.162B Estimate (opens in a new tab) — Benzinga
Pre-market second reading after the results
- Verdict
- Missed expectations
Heading into the open, results came in below expectations on both earnings and revenue, and the price is indicating -0.2% pre-market, a move below the stock's usual reaction (about 3%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -1.6%
- Max favorable move (MFE)
- 2.9%
- Max adverse move (MAE)
- 0.3%