71/100BManulife Financial 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 Manulife Financial is 51.00, 15.7% above the current price of 44.07. Their targets range from 51.00 to 51.00.
Of the 1 firms that rated Manulife Financial in the past 12 months, 1 rate it buy or strong buy, 0 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 51.00 to 51.00, with an average of 51.00.
| Buy | 1 | |
| Hold | 0 | |
| Sell | 0 |
12-month price target
| Highest target | 51.00 |
| Average target | 51.00 |
| Lowest target | 51.00 |
| Current price | 44.07 |
Manulife Financial 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 Manulife Financial price target and rating?
How analysts rate Manulife Financial, 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.
1 of 1 firms rate it buy now, against 1 of 1 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.
Manulife Financial analyst upgrades, downgrades and price targets
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 15 Dec 2025 | Morgan Stanley | — | 47.00 → 51.00 | +8.5% | 35.71 |
Manulife Financial 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 Manulife Financial's EPS to grow 22.0% a year until 2028.
Revenue
EPS
Does Manulife Financial 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 5.5% off the result, either way, and their revenue estimate 77.3%, over the last 12 quarters.
- EPS beats
- 59 / 110
- Revenue beats
- 64 / 103
- 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.
- +4.4%
- Since
- November 1999
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 4 Nov 2026 | 0.83 | 0.89 | +7.2% | 7.67B | 8.37B | +9.1% |
| Q2 FY2026 | 5 Aug 2026 | 0.78 | 0.79 | +1.3% | 7.28B | 13.87B | +90.4% |
| Q1 FY2026 | 13 May 2026 | 0.79 | 0.77 | -2.5% | 2.32B | 8.83B | +281.3% |
| Q4 FY2025 | 11 Feb 2026 | 0.76 | 0.80 | +5.3% | 1.70B | 6.27B | +268.7% |
| Q3 FY2025 | 12 Nov 2025 | 0.74 | 0.84 | +13.5% | — | 12.41B | — |
| Q2 FY2025 | 6 Aug 2025 | 0.71 | 0.69 | -2.8% | — | 11.32B | — |
| Q1 FY2025 | 7 May 2025 | 0.70 | 0.69 | -1.4% | — | 3.10B | — |
| Q4 FY2024 | 19 Feb 2025 | 0.67 | 0.74 | +10.4% | 4.78B | 3.37B | -29.4% |
| Q3 FY2024 | 6 Nov 2024 | 0.70 | 0.73 | +4.3% | 9.38B | 10.76B | +14.7% |
| Q2 FY2024 | 7 Aug 2024 | 0.64 | 0.66 | +3.1% | 6.55B | 6.49B | -0.9% |
| Q1 FY2024 | 8 May 2024 | 0.66 | 0.70 | +6.1% | 9.24B | 9.24B | +0.0% |
| Q4 FY2023 | 14 Feb 2024 | 0.63 | 0.68 | +7.9% | 6.47B | 6.54B | +1.1% |
Manulife Financial 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 Manulife Financial's earnings keep growing at the 9.0% a year analysts expect to FY2028, it would earn about 4.64 a share in FY2030. At the P/E it has traded at over the last five years (6.8 to 18.1) that is 31.49 to 83.80 a share, or 62.78 at its average P/E of 13.5. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 3.19 | 21.66 | 43.18 | 57.63 |
| FY2027 | 3.56 | 24.15 | 48.15 | 64.27 |
| FY2028 | 3.91 | 26.53 | 52.88 | 70.59 |
| FY2029 (extrapolated) | 4.26 | 28.90 | 57.62 | 76.91 |
| FY2030 (extrapolated) | 4.64 | 31.49 | 62.78 | 83.80 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 9.0% 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 (6.8, 13.5, 18.1).
Is Manulife Financial 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.
Manulife Financial's P/E of 18.1 is near the top of its 5-year range (6.5 to 488.5, median 15.2). 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 0.8 on expected growth against 16.2 on its median P/E and past five years' growth. Fair value is not a reliable guide for Manulife Financial: it made a loss in FY2022, so its usual P/E says little about what it is worth. Its forward P/E, on the consensus for FY2026, is 13.8.
- 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.
- 18.07
- 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.
- 15.19
- Five-year P/E range
- 6.5 – 488.5
- 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.
- 13.82
- 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.
- 2.02
- 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.
- +15.7%
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 |
|---|---|---|---|
| 35.760 | 71.4258Price 35.76193 | +99.7% | |
| 29.080 | 56.2434Price 29.0896 | +93.4% | |
| 240.360 | 464.26205Price 240.36627 | +93.2% | |
| 202.040 | 384.58163Price 202.042,644 | +90.3% | |
| 161.340 | 305.52160Price 161.34396 | +89.4% | |
| 125.395 | 237.44178Price 125.40297 | +89.4% | |
| 159.580 | 300.48225Price 159.58376 | +88.3% |
Furthest below the fair value on each stock's page, updated every day.