Wells Fargo raises target for Corebridge Financial stock to USD 40.00

Published on 10/20/2026 at 19:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Corebridge Q2 2026 revenue was USD 4.30 billion versus USD 4.66 billion estimates. Corebridge Financial stock costs EUR 31.05 on October 20, 2026.

Analyst target and reporting date

Wells Fargo raised its Corebridge Financial target to USD 40.00 on October 12, 2026.
Corebridge revenue was USD 4.30 billion in the second quarter of 2026 versus USD 4.66 billion expected.
Corebridge Financial stock costs EUR 31.05 at Lang & Schwarz on October 20, 2026 at 7:28 p.m. CEST.
Third-quarter results are scheduled for November 2, 2026.

CRBG, US21871X1090, Illustration mit AI erstellt.

Corebridge Financial stock (ISIN US21871X1090) remains tied to a higher analyst valuation after Wells Fargo lifted its price target from USD 39.00 to USD 40.00 on October 12, 2026, according to MarketBeat. The stock was trading at EUR 31.05 at Lang & Schwarz on October 20, 2026 at 7:28 p.m. CEST.

Wells Fargo sets a USD 40.00 target

Wells Fargo maintained an Overweight rating alongside the new target, while the source reported a consensus Moderate Buy rating based on nine Buy ratings and five Holds. The USD 40.00 target is a separate home-market valuation reference and does not replace the euro quotation used for this report.

Corebridge's investor relations page describes the company as a provider of retirement solutions and insurance products through Individual Retirement, Group Retirement, Life Insurance and Institutional Markets. That business mix gives the upcoming results release several operating areas to assess, rather than a single product line.

Second-quarter figures temper the picture

Corebridge reported USD 4.30 billion of revenue for the second quarter of 2026, below the USD 4.66 billion consensus estimate, according to MarketBeat. Adjusted earnings per share were USD 1.12 against an estimate of USD 1.08, so the earnings result and revenue comparison point in different directions.

The latest quarterly financials available through the structured company record show total revenue of USD 3.914 billion and consolidated net income of USD 2.0 million for the second quarter of 2026. The differing revenue figures reflect different reporting definitions, so they should not be treated as interchangeable measures.

Price position and valuation

On the NYSE, Corebridge was last at USD 34.84 on October 20, 2026 at 1:30 p.m. ET. That quotation was 2.24 percent below the 52-week high of USD 35.64 and stood above the 52-week low of USD 22.19; reported volume was 2,252,965 shares.

Corebridge had a market capitalization of USD 15.5 billion and a trailing P/E ratio of 20.38 in the same quote. The company had USD 415.793 billion in total assets at June 30, 2026, according to its second-quarter financial record.

November 2 marks the next date

Corebridge will report third-quarter 2026 financial results after the market closes on November 2, 2026, and will hold a conference call on November 3, 2026 at 9:00 a.m. EST, according to Business Wire. The release also said Corebridge had more than USD 390.0 billion in assets under management and administration as of June 30, 2026.

Corebridge stock and the next session

For investors, the key contrast is a USD 40.00 analyst target against second-quarter revenue of USD 4.30 billion versus USD 4.66 billion expected. Corebridge Financial was trading at EUR 31.05 at Lang & Schwarz on October 20, 2026 at 7:28 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Corebridge Financial stock.