Aflac Incorporated

(New York Stock Exchange)
Somewhat Bearish -25

Bank of America cuts target for Aflac stock to USD 133.00

πŸ“‰ Bank of America lowered its price target for Aflac stock from USD 137.00 to USD 133.00 on October 13, 2026.

πŸ’° Aflac reported second-quarter revenue of USD 4.22 billion, beating the USD 4.11 billion analyst consensus.

πŸ“Š Earnings per share for the quarter were USD 1.75, missing the USD 1.76 market expectation.

🏒 Aflac maintains a market capitalization of approximately USD 59.3 billion as of October 13, 2026.

πŸ“… The company is scheduled to release third-quarter results after market close on November 4, 2026.

πŸŽ™οΈ An earnings webcast for the third quarter is set for November 5, 2026 at 8:00 a.m. ET.

πŸ“ˆ MarketBeat lists Aflac's one-year trading range between USD 105.43 and USD 130.22.

🏷️ Bank of America maintains a buy rating for Aflac despite the price target reduction.

Bullish Signals
  • Aflac achieved second-quarter revenue of USD 4.22 billion, surpassing analyst expectations of USD 4.11 billion, indicating sustained demand.
  • Bank of America maintains a buy rating for Aflac stock even after lowering the price target.
Risk Factors
  • Aflac's second-quarter earnings per share of USD 1.75 missed the consensus estimate of USD 1.76, signaling profitability concerns.
  • Bank of America reduced its price target from USD 137.00 to USD 133.00 following the earnings miss.
Full Analysis
Aflac Inc. reported second-quarter 2026 results showing revenue of USD 4.22 billion, which exceeded analyst expectations of USD 4.11 billion. However, the company's earnings per share came in at USD 1.75, missing the consensus estimate of USD 1.76. This divergence between top-line growth and profitability prompted Bank of America to adjust its price target for Aflac stock. Following the earnings release, Bank of America lowered its price target for Aflac from USD 137.00 to USD 133.00 on October 13, 2026, while maintaining a buy rating. The analyst's decision reflects concerns that despite strong demand indicated by revenue growth, the miss in earnings per share suggests underlying profitability challenges or margin compression. The stock was trading around EUR 104.28 at Lang & Schwarz on October 14, 2026, with a market capitalization of approximately USD 59.3 billion as of October 13. Aflac is scheduled to release its third-quarter results after the market closes on November 4, 2026, followed by a webcast on November 5. MarketBeat noted that Aflac's one-year trading range sits between USD 105.43 and USD 130.22. The current analyst target cut highlights the market's focus on the split signal where revenue beat expectations but earnings fell short, creating a mixed outlook for investors.