JPMorgan Chase & Co. Issues Pessimistic Forecast for Corebridge Financial (NYSE:CRBG) Stock Price

Posted by Brian Himes on May 12th, 2026

Corebridge Financial (NYSE:CRBG – Get Free Report) had its target price cut by equities research analysts at JPMorgan Chase & Co. from $37.00 to $36.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 38.44% from the company’s previous close.

Several other equities research analysts also recently commented on the company. Piper Sandler upgraded Corebridge Financial to a “strong-buy” rating in a report on Thursday, April 2nd. UBS Group reduced their price objective on Corebridge Financial from $33.00 to $29.00 and set a “neutral” rating for the company in a report on Tuesday, April 28th. Morgan Stanley reduced their price objective on Corebridge Financial from $35.00 to $32.00 and set an “equal weight” rating for the company in a report on Tuesday, March 3rd. Mizuho lifted their price objective on Corebridge Financial from $31.00 to $35.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Finally, Bank of America reduced their price objective on Corebridge Financial from $42.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $35.92.

View Our Latest Analysis on CRBG

Corebridge Financial Stock Performance

NYSE CRBG traded down $0.34 during trading hours on Tuesday, hitting $26.00. The company’s stock had a trading volume of 2,187,692 shares, compared to its average volume of 5,210,199. Corebridge Financial has a 12 month low of $22.19 and a 12 month high of $36.57. The company’s 50 day simple moving average is $25.23 and its two-hundred day simple moving average is $28.53. The company has a market cap of $11.88 billion, a P/E ratio of 47.31, a price-to-earnings-growth ratio of 0.38 and a beta of 1.18. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.12 and a quick ratio of 0.12.

Corebridge Financial (NYSE:CRBG – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.02). Corebridge Financial had a return on equity of 18.44% and a net margin of 1.20%.The business had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $5.06 billion. During the same quarter in the previous year, the business posted $1.16 earnings per share. As a group, sell-side analysts expect that Corebridge Financial will post 4.92 EPS for the current fiscal year.

Institutional Investors Weigh In On Corebridge Financial

A number of large investors have recently made changes to their positions in CRBG. Goldman Sachs Group Inc. grew its stake in shares of Corebridge Financial by 229.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,300,030 shares of the company’s stock valued at $41,042,000 after purchasing an additional 905,918 shares during the period. Focus Partners Wealth bought a new position in shares of Corebridge Financial during the 1st quarter valued at approximately $384,000. Creative Planning bought a new position in shares of Corebridge Financial during the 2nd quarter valued at approximately $243,000. EverSource Wealth Advisors LLC grew its stake in shares of Corebridge Financial by 58.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,558 shares of the company’s stock valued at $162,000 after acquiring an additional 1,688 shares during the period. Finally, Cerity Partners LLC grew its stake in shares of Corebridge Financial by 64.4% during the 2nd quarter. Cerity Partners LLC now owns 92,554 shares of the company’s stock valued at $3,286,000 after acquiring an additional 36,239 shares during the period. 98.25% of the stock is currently owned by institutional investors.

About Corebridge Financial

(Get Free Report)

Corebridge Financial (NYSE: CRBG) is a publicly traded provider of retirement, life insurance and asset management solutions. Formed from the separation of American International Group’s life and retirement operations, Corebridge focuses on helping individuals, employers and institutions manage retirement income, protect against longevity and mortality risks, and invest long-term savings. The company operates under a unified brand that brings together insurance products and investment capabilities to deliver integrated financial solutions.

Corebridge’s product suite includes retirement income and annuity products, individual and group life insurance, asset management and investment advisory services, and employer-sponsored retirement plan offerings.