JPMorgan cuts Lincoln National stock target to USD 47.00

Published on 10/17/2026 at 21:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter adjusted operating income reached USD 439 million, up 3.00 percent year over year. Lincoln National stock was last at USD 39.83 on October 16, 2026 at 4:00 p.m. EDT, down 0.45 percent versus the NYSE prior close.

JPMorgan target and earnings date

On October 15, 2026, JPMorgan lowered its Lincoln National target from USD 49.00 to USD 47.00.
Second-quarter adjusted operating income reached USD 439 million, up 3.00 percent year over year.
Lincoln National stock was last at USD 39.83 at 4:00 p.m. EDT on October 16, 2026, down 0.45 percent versus the NYSE prior close.
Lincoln National will report third-quarter results on November 5, 2026.

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JPMorgan Chase & Co. lowered its Lincoln National target from USD 49.00 to USD 47.00 on October 15, 2026, leaving the target 18.00 percent above the last NYSE price of USD 39.83. The move keeps the analyst debate central for Lincoln National (ISIN US5341871094), while the stock was last at USD 39.83 at 4:00 p.m. EDT on October 16, 2026, down 0.45 percent versus the NYSE prior close.

Adjusted income rose 3.00 percent

Lincoln National's second-quarter operating picture provided a stronger counterweight. According to Fortune on July 30, 2026, adjusted operating income available to common stockholders reached USD 439 million, up 3.00 percent from the year-earlier quarter. Adjusted earnings per share came to USD 2.24, while management described the result as the company's eighth consecutive quarter of year-over-year adjusted operating income growth.

The stock sits below its high

At USD 39.83 on October 16, 2026, Lincoln National stood 16.45 percent below its 52-week high of USD 47.67 and 23.77 percent above its 52-week low of USD 32.18. Trading volume was 1,812,452 shares, against an average volume of 2,021,701 shares for the same quote date. The placement gives the analyst target a clear numerical frame rather than leaving the revised USD 47.00 level in isolation.

Valuation and the next report

Lincoln National had a market capitalization of USD 7.6 billion and a price to earnings ratio of 3.39 as of October 16, 2026. The next scheduled catalyst is the third-quarter report on November 5, 2026, when the company is due to publish results for the period ended September 30. Business Wire identifies the release time as 6:00 a.m. Eastern Time.

Comparison with peers

Lincoln National (NYSE, USD): minus 0.45 percent, P/E 3.39, market capitalization USD 7.6 billion
Prudential Financial (NYSE, USD): minus 0.38 percent, P/E 10.43, market capitalization USD 40.0 billion
MetLife (NYSE, USD): plus 0.49 percent, P/E 19.34, market capitalization USD 64.0 billion

What the next report will test

For investors, the combination of a 3.39 price to earnings ratio and a 16.45 percent gap to the 52-week high makes November 5, 2026 the next dated test for Lincoln National's earnings trajectory, with the reporting date identified by Business Wire.