Principal Financial Group, Inc. (PFG) earnings on April 23, 2026

Q1 2026

More Principal Financial Group, Inc. earnings

Prior outlook: No statistical edge

PFG's stock initially rose after its earnings report but then fell. The price ended lower than it started, showing a slight negative reaction.

PFG price around the earnings

97.01

Change: -0.5%

2026-04-23, 19:59 UTC

95.82 96.67 97.51 98.36 97.46
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
April 23, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published

Modest momentum, but analysts cautious.

This stock shows some positive price movement and momentum, but analysts are hesitant, suggesting limited upside potential. The stock is currently market review between key price levels, indicating a period of uncertainty.

Context analyzed before publication

Summary
Modest momentum, but analysts cautious.
Playbook
Analysts express caution and the stock is facing resistance. The price is market review between key reference levels, suggesting an uncertain scenario.
Trend
Expert opinion shifting from negative to positive.

Analysts

Drivers

  • Analysts Negative

    The average analyst recommendation is to hold the stock, and the current price target is slightly below current value. Several analysts maintain neutral or underweight ratings, with one specifically setting a lower price target.

Evidence

Analyst consensus
Hold
Consensus average (1-5)
2.83
Analysts covering the stock
12
Average price target
94.33
Lowest price target
83
Highest price target
106
Upside to price target
-1.5%
Quarterly earnings growth
-42.9%
Revenue growth
-3.7%
Forward EPS
10.12
Trailing EPS
5.25
Analyst moves in the last 60 days
6
  • Strong buy: 1
  • Buy: 1
  • Hold: 9
  • Sell: 0
  • Strong sell: 1
Strong buy
1
Buy
1
Hold
9
Sell
0
Strong sell
1
  • April 14, 2026 · B of A Securities: Maintains rating (Neutral → Neutral)
  • April 10, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
  • April 9, 2026 · UBS: Maintains rating (Neutral → Neutral)
  • April 8, 2026 · Barclays: Maintains rating (Underweight → Underweight)
  • March 3, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
  • February 25, 2026 · Wells Fargo: Upgrades rating (Underweight → Equal-Weight)

News and sentiment

Drivers

  • News & sentiment Neutral

    Recent news consists of analysts reiterating their existing ratings, with no significant new developments or catalysts typically expected. Online discussions about the stock are evenly split between positive and negative, with low market review volume indicating a lack of strong conviction from individual investors.

Evidence

Sentiment
Sentiment
Neutral
Mention volume
Low
Normalized volume
33%
News
Sources (4)
  • B of A Securities Maintains Neutral on Principal Financial Group, Lowers Price Target to $92 — Benzinga
  • UBS Maintains Neutral on Principal Financial Group, Raises Price Target to $94 — Benzinga
  • Barclays Maintains Underweight on Principal Financial Group, Lowers Price Target to $84 — Benzinga
  • Keefe, Bruyette & Woods Reinstates Market Perform on Principal Financial Group, Announces $92 Price Target — Benzinga

Technicals

Drivers

  • Technical Positive

    The stock has shown stronger recent price performance compared to the broader market over the last 14 and 30 days. It is currently market review in the middle of its support and resistance levels, suggesting a neutral scenario for further movement.

Evidence

Average true range (ATR)
1.9%
Distance to 52-week high
-2.2%
14-day change (14d)
+6.3%
30-day change
+6.7%
30-day relative strength
+2.9%
Benchmark change
+3.8%
Nearest support
85.05
Nearest resistance
97.4
Volume accumulation ratio
0.87

Trends

Evidence

Average earnings surprise
+0.6%
  • February 9, 2026: actual EPS 2.19 vs estimate 2.22 (surprise -1.6%)
  • October 27, 2025: actual EPS 2.1 vs estimate 2.2 (surprise -4.5%)
  • July 28, 2025: actual EPS 2.16 vs estimate 1.97 (surprise +9.6%)
  • April 24, 2025: actual EPS 1.81 vs estimate 1.83 (surprise -1.0%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
2.9%
75th percentile move
4.4%
90th percentile move
6.7%
Up / down moves
7 / 12
Average up move
+3.6%
Average down move
-2.6%

Monitoring and close

What Principal Financial Group, Inc. 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

Consolidated
-0.5%
Max move
-1.7%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.