Manulife Financial Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Manulife Financial stock has a target of 52, which predicts an increase of 47.35% from the current stock price of 35.29.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$52	$52	$52	$52
Change	+47.35%	+47.35%	+47.35%	+47.35%

Analyst Ratings

According to 1 stock analyst, the rating for Manulife Financial is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	1	1	0	0	0	0
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Darko Mihelic RBC Capital	RBC Capital	Buy Maintains $49 → $52	Buy	Maintains	$49 → $52	+47.35%	Nov 14, 2025
Darko Mihelic RBC Capital	RBC Capital	Buy Maintains $51 → $49	Buy	Maintains	$51 → $49	+38.85%	Aug 8, 2025
Darko Mihelic RBC Capital	RBC Capital	Buy Maintains $49 → $51	Buy	Maintains	$49 → $51	+44.52%	Feb 21, 2025
Mario Mendonca TD Securities	TD Securities	Strong Buy Maintains $38 → $40	Strong Buy	Maintains	$38 → $40	+13.35%	Jun 28, 2024
Tom MacKinnon BMO Capital	BMO Capital	Hold → Buy Upgrades $31 → $35	Hold → Buy	Upgrades	$31 → $35	-0.82%	Feb 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

40.37B

from 29.99B

34.60%

from 29.99B

Revenue Next Year

43.80B

from 40.37B

8.50%

from 40.37B

EPS This Year

4.20

from 2.84

47.85%

from 2.84

EPS Next Year

4.56

from 4.20

8.50%

from 4.20

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	77.12B	59.84B	16.91B	27.25B	29.99B	40.37B	43.80B
Revenue Growth	-0.90%	-22.41%	-71.74%	61.11%	10.08%	34.60%	8.50%
EPS	2.93	3.54	-1.15	2.61	2.84	4.20	4.56
EPS Growth	5.78%	20.82%	-	-	8.81%	47.85%	8.50%
Forward PE	-	-	-	-	-	11.62	10.71
No. Analysts	-	-	-	-	-	16	16

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	42.0B	45.5B
Avg	40.4B	43.8B
Low	39.2B	42.5B

Revenue Growth

Revenue Growth	2025	2026
High	39.9%	12.8%
Avg	34.6%	8.5%
Low	30.6%	5.3%

EPS Forecast

EPS	2025	2026
High	4.39	4.81
Avg	4.20	4.56
Low	4.06	4.31

EPS Growth

EPS Growth	2025	2026
High	54.5%	14.5%
Avg	47.9%	8.5%
Low	42.9%	2.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.