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Lincoln National (LNC) stock forecast and fair value

Lincoln National (LNC) trades at $39.16. 12 analysts' median price target is $49.00 (+25%), from $35.00 to $57.00. Across 17 valuation methods the middle fair value is $147.90 (+278%).

Price$39.16
Median target$49.00
Fair value, middle$147.90
EPS beat rate80%
Lincoln National fair value by method (price $39.16)Lincoln National fair value by method (price $39.16)low – highpoint estimateP/E vs peers$179.03P/E vs peers, weighted$207.57P/E vs peers, matched$187.89P/E vs peers, growth-adjusted$162.90Residual income$105.99P/B vs ROE (insurer peers)$169.07Analysts' price targets$48.08Our model (Rotation forecast)$42.38Shareholder yield (dividends + buyb…$23.20Justified P/B (Gordon growth)$250.61

Fair value by method

MethodLowPointHighvs price
P/E vs peers$130.79$179.03$193.71+357%
P/E vs peers, weighted$173.79$207.57$269.26+430%
P/E vs peers, matched$169.64$187.89$208.04+380%
P/E vs peers, growth-adjusted$113.79$162.90$233.21+316%
Residual income$102.14$105.99$110.07+171%
P/B vs ROE (insurer peers)$85.98$169.07$252.16+332%
Analysts' price targets$35.00$48.08$57.00+23%
Our model (Rotation forecast)$34.83$42.38$51.57+8%
Shareholder yield (dividends + buybacks)$20.41$23.20$26.88-41%
Justified P/B (Gordon growth)$213.76$250.61$302.81+540%

Lincoln National's latest quarter

Lincoln National, Q3 2026: revenue $5.5B (+20% year over year), operating margin 31.7%, net earnings $1.4B, operating cash flow $875M. The chart follows the revenue to costs, profit and cash.

Questions

What is the price target for LNC stock?

The median of 12 analysts' 12-month targets is $49.00, +25% from $39.16; the range is $35.00 to $57.00. The average rating is none.

What is Lincoln National's fair value?

The fair-value methods on Filing Flows (DCF, Monte Carlo, peer multiples and others) put it between $23.20 and $349.84, with a middle value of $147.90 against a price of $39.16. Each method's assumptions are on the page.

Does Lincoln National usually beat earnings estimates?

It beat the consensus EPS estimate in 80% of the quarters on record.

Is LNC stock a buy?

Filing Flows does not give advice. It shows what analysts expect, what each valuation method implies and the figures behind them, read from SEC filings, so you can judge for yourself.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.