48/100BAflac stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Aflac is 122.33, 3.9% below the current price of 127.29. Their targets range from 108.00 to 138.00.
Of the 12 firms that rated Aflac in the past 12 months, 2 rate it buy or strong buy, 7 hold and 3 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 108.00 to 138.00, with an average of 122.33.
| Buy | 2 | |
| Hold | 7 | |
| Sell | 3 |
12-month price target
| Highest target | 138.00 |
| Average target | 122.33 |
| Lowest target | 108.00 |
| Current price | 127.29 |
Aflac price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Aflac price target and rating?
How analysts rate Aflac, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
2 of 12 firms rate it buy now, against 2 of 10 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Aflac analyst upgrades, downgrades and price targets
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 6 Oct 2026 | UBS | Reiterated · Neutral | 124.00 → 125.00 | +0.8% | 112.38 |
| 19 Aug 2026 | Wells Fargo | Reiterated · Equal Weight | 122.00 | — | 121.73 |
| 10 Aug 2026 | Piper Sandler Paul Newsome | Reiterated · Overweight | 130.00 → 138.00 | +6.2% | 124.61 |
| 10 Aug 2026 | Mizuho Securities | Reiterated · Underperform | 112.00 → 116.00 | +3.6% | 124.61 |
| 10 Jul 2026 | Jefferies Suneet Kamath | Reiterated · Hold | 108.00 | — | 121.99 |
| 9 Jul 2026 | Mizuho Securities Yaron Kinar | Reiterated · Underperform | 104.00 → 112.00 | +7.7% | 121.44 |
| 8 Jul 2026 | UBS | Reiterated · Neutral | 114.00 → 124.00 | +8.8% | 121.27 |
| 26 May 2026 | Piper Sandler John Barnidge | Reiterated · Overweight | 125.00 → 130.00 | +4.0% | 117.86 |
| 21 May 2026 | Morgan Stanley Bob Huang | Reiterated · Equal Weight | 120.00 → 125.00 | +4.2% | 117.30 |
| 4 May 2026 | Mizuho Securities Yaron Kinar | — | 102.00 → 104.00 | +2.0% | 112.88 |
| 30 Apr 2026 | Barclays | Reiterated · Underweight | 101.00 → 99.00 | -2.0% | 116.21 |
| 13 Apr 2026 | Mizuho Securities | Reiterated · Underperform | 107.00 → 102.00 | -4.7% | 111.32 |
| 9 Apr 2026 | UBS | Reiterated · Neutral | 114.00 | — | 113.07 |
| 9 Feb 2026 | Mizuho Securities Yaron Kinar | — | 107.00 | — | 113.20 |
| 8 Jan 2026 | Barclays | Reiterated · Underweight | 104.00 → 101.00 | -2.9% | 110.19 |
| 30 Dec 2025 | Raymond James Wilma Burdis | Reiterated · Outperform | 119.00 | — | 109.96 |
| 15 Dec 2025 | Morgan Stanley | — | 113.00 → 120.00 | +6.2% | 111.76 |
Aflac EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Aflac's EPS to grow 6.1% a year until 2028. Over the last 5 years it grew 0.5% a year, and over the last 3 years it fell 0.5%.
Analysts expect Aflac's revenue to fall 0.4% a year until 2028. Over the last 5 years it fell 4.8% a year, and over the last 3 years it fell 3.1%.
Revenue
EPS
Does Aflac beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 13.0% off the result, either way, and their revenue estimate 16.4%, over the last 12 quarters.
- EPS beats
- 86 / 136
- Revenue beats
- 105 / 120
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +8.3%
- Since
- February 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 4 Nov 2026 | 1.80 | 2.43 | +35.0% | 4.12B | 3.27B | -20.6% |
| Q2 FY2026 | 6 Aug 2026 | 1.76 | 1.75 | -0.6% | 4.14B | 4.12B | -0.6% |
| Q1 FY2026 | 29 Apr 2026 | 1.79 | 1.75 | -2.2% | 4.20B | 4.35B | +3.4% |
| Q4 FY2025 | 4 Feb 2026 | 1.69 | 1.57 | -7.1% | 4.25B | 4.87B | +14.5% |
| Q3 FY2025 | 4 Nov 2025 | 1.77 | 2.49 | +40.7% | 4.37B | 4.79B | +9.8% |
| Q2 FY2025 | 5 Aug 2025 | 1.70 | 1.78 | +4.7% | 4.33B | 4.22B | -2.6% |
| Q1 FY2025 | 30 Apr 2025 | 1.67 | 1.66 | -0.6% | 4.28B | 3.45B | -19.3% |
| Q4 FY2024 | 5 Feb 2025 | 1.62 | 1.56 | -3.7% | 4.33B | 5.50B | +27.0% |
| Q3 FY2024 | 30 Oct 2024 | 1.69 | 2.16 | +27.8% | 4.30B | 3.04B | -29.4% |
| Q2 FY2024 | 31 Jul 2024 | 1.60 | 1.83 | +14.4% | 4.10B | 5.16B | +25.7% |
| Q1 FY2024 | 1 May 2024 | 1.58 | 1.66 | +5.1% | 4.14B | 5.44B | +31.3% |
| Q4 FY2023 | 31 Jan 2024 | 1.45 | 1.25 | -13.8% | 4.39B | 3.86B | -12.2% |
Aflac stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Aflac's earnings keep growing at the 2.8% a year analysts expect to FY2028, it would earn about 8.63 a share in FY2030. At the P/E it has traded at over the last five years (9.1 to 18.6) that is 78.46 to 160.55 a share, or 108.36 at its average P/E of 12.6. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 7.53 | 68.52 | 94.63 | 140.21 |
| FY2027 | 7.75 | 70.47 | 97.33 | 144.19 |
| FY2028 | 8.16 | 74.19 | 102.46 | 151.80 |
| FY2029 (extrapolated) | 8.39 | 76.30 | 105.37 | 156.12 |
| FY2030 (extrapolated) | 8.63 | 78.46 | 108.36 | 160.55 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 2.8% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (9.1, 12.6, 18.6).
Is Aflac stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Aflac's P/E of 18.6 is near the top of its 5-year range (8.1 to 18.6, median 10.1). It is within 5% of its 5-year high. Analysts expect faster growth than in recent years, which can explain part of the high P/E. Buyers pay less for each point of growth than usual: a PEG of 3.1 on expected growth against 21.3 on its median P/E and past five years' growth. At the median P/E of its peers (12.7 × EPS of 6.84), Aflac's fair value is 87.11; the price, 127.29, is 46.1% above it. Its forward P/E, on the consensus for FY2026, is 16.9.
Fair value on the peers is the median P/E of the US companies of its industry closest in size times its earnings per share of the last twelve months; the ends of the bar are the same earnings at the lowest and highest peer P/E (10.5 and 18.8). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 18.61
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 10.11
- Five-year P/E range
- 8.1 – 18.6
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 16.90
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 6.55
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- -3.9%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 235.690 | 464.49205Price 235.69627 | +97.1% | |
| 28.860 | 56.2634Price 28.8696 | +94.9% | |
| 199.110 | 384.58163Price 199.112,644 | +93.1% | |
| 123.990 | 237.24178Price 123.99297 | +91.3% | |
| 157.820 | 297.58169Price 157.82471 | +88.6% | |
| 162.670 | 305.52160Price 162.67396 | +87.8% | |
| 216.610 | 405.38304Price 216.61507 | +87.1% |
Furthest below the fair value on each stock's page, updated every day.