Piper Sandler keeps Buy rating on Principal Financial stock

Published on 10/01/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Principal Financial stock costs EUR 98.00 on October 1, 2026 after EUR 98.75, minus 0.76 percent. Results are due on October 26, 2026 after market close.

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Principal Financial stock (ISIN US74251V1026) was trading at EUR 98.00 at Lang & Schwarz on October 1, 2026 at 4:32 p.m. CEST, with a minus 0.76 percent change versus the EUR 98.75 prior close at Lang & Schwarz on September 30, 2026. According to Markets Insider on September 28, 2026, Piper Sandler maintained a Buy rating and a USD 128.00 price target.

Second-quarter figures set the baseline

Principal Financial reported USD 3.91 billion in revenue for the quarter ended June 30, 2026, up from USD 3.67 billion in the year-earlier quarter, according to Markets Insider. Net profit was USD 403.4 million, compared with USD 406.2 million a year earlier, so revenue growth did not translate into higher reported profit in that comparison.

The same report cited a USD 111.55 average analyst price target and a Hold consensus. Piper Sandler's USD 128.00 target therefore sits above the broader consensus figure, but the two measures reflect different analyst views rather than a single company forecast.

October 26 brings the next test

Yahoo Finance reported on October 1, 2026 that Principal Financial will release third-quarter 2026 results after the U.S. market close on October 26, 2026. The company scheduled its conference call for October 27, 2026 at 10:00 a.m. ET, giving investors a defined date for the next earnings comparison.

Market value keeps the range visible

Principal Financial had a market capitalization of USD 23.7 billion as of October 1, 2026. Its primary listing is on the Nasdaq Global Select Market under ticker PFG, and the USD 77.90 to USD 121.18 52-week range places the latest primary-market quote inside a broad annual band.

Stock Analysis describes Principal Financial Group as a provider of retirement, asset management, and insurance products. That mix makes the October results important for comparing revenue progress with reported profit and for judging whether the second-quarter gap between the two measures persists.

Principal Financial stock before results

The Lang & Schwarz quote was EUR 98.00 on October 1, 2026 at 4:32 p.m. CEST, versus a prior close of EUR 98.75 and a minus 0.76 percent daily change. The further course of trading is shown by the continuously updated real-time quote of Principal Financial stock.