Principal Financial stock faces a Q3 earnings test in October
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Principal Financial stock (ISIN US74251V1026) closed at USD 111.96 on Nasdaq on October 2, 2026, down 0.25 percent from the prior close of USD 112.24. The next quarterly report is scheduled for October 26, 2026, giving investors a defined checkpoint after a mixed second quarter. According to Simply Wall St , Principal Financial Group reported second quarter 2026 revenue of USD 3.91 billion, up 6.4 percent from the second quarter of 2025. Net income stood at USD 403.4 million, flat year over year, while the 10 percent profit margin matched the prior-year quarter. The comparison with expectations was less favorable: revenue missed estimates by 3.5 percent and earnings per share missed by 22 percent, according to Simply Wall St. That gap makes the October report important for judging whether revenue growth is translating into stronger earnings. Yahoo Finance lists Piper Sandler as maintaining an Overweight rating and raising its price target from USD 125 to USD 128 on September 28, 2026. The target revision contrasts with the stock's USD 111.96 close and places valuation expectations above the current market level. The broader target range runs from USD 92 to USD 128, with an average target of USD 112.08, according to Yahoo Finance. The narrow average premium and the wide target spread point to differing views on how much of Principal Financial's earnings potential is already...
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