Wells Fargo Keeps Voya Financial at Hold with $82 Price Target

Wells Fargo analyst Elyse Greenspan maintains a Hold rating on Voya Financial with a $82.00 price target, citing a Moderate Buy consensus and a $83.09 price target consensus. The analyst has a 5-star rating and an average return of 6.8%. Greenspan covers the Financial sector, focusing on stocks such as Metlife, Progressive, and Allstate. Voya Financial has a market cap of $6.85B and a P/E ratio of 14.22. Corporate insider activity is negative, with an increase of insiders selling their shares over the past quarter.

Voya Financial Inc. (VOYA) reported its second-quarter 2025 earnings, revealing adjusted operating earnings per share (EPS) of $2.46, a 13% increase year-over-year. Despite missing the forecasted EPS of $2.05, the company's revenue exceeded expectations, reaching $1.98 billion against a forecast of $1.95 billion. The stock price surged by 7.1% to $67.95, indicating a positive market reaction [1].

Key Takeaways
- Voya’s EPS of $2.46 missed the forecast by 4.39%.
- Revenue exceeded expectations with a 1.54% positive surprise.
- Stock price increased by 7.1% post-earnings report.
- Generated $200 million in excess capital during Q2.
- Partnered with Blue Owl Capital for retirement offerings expansion.

Financial Performance
Voya Financial demonstrated strong performance in Q2 2025, with a notable 13% increase in adjusted operating EPS compared to the previous year. The company continues to generate significant excess capital, amounting to $200 million in the quarter and $400 million year-to-date. Voya’s total assets have surpassed $1 trillion, reinforcing its robust position in the retirement and investment management sectors. Revenue: $1.98 billion, surpassing forecasts by $30 million. Earnings per share: $2.46, a 13% increase YoY. Excess capital generation: $200 million in Q2.

Market Reaction
The market reacted positively to Voya’s earnings report, with the stock price rising by 7.1% to $67.95. This increase reflects investor confidence in the company’s strategic initiatives and revenue performance, despite the EPS miss. The stock’s movement aligns with broader market trends and remains within its 52-week range.

Analyst Insights
Wells Fargo analyst Elyse Greenspan maintains a Hold rating on Voya Financial with a $82.00 price target, citing a Moderate Buy consensus and a $83.09 price target consensus. Greenspan covers the Financial sector, focusing on stocks such as Metlife, Progressive, and Allstate. Voya Financial has a market cap of $6.85B and a P/E ratio of 14.22. Corporate insider activity is negative, with an increase of insiders selling their shares over the past quarter [2].

Outlook & Guidance
Voya Financial plans to repurchase $200 million in shares during the second half of 2025 and aims to generate over $700 million in excess capital for the full year. The company is prioritizing margin improvement in its Stop Loss business and exploring opportunities for retirement market consolidation.

References:
[1] https://uk.investing.com/news/transcripts/earnings-call-transcript-voya-financial-q2-2025-sees-stock-surge-despite-eps-miss-93CH-4204563
[2] https://uk.investing.com/news/transcripts/analyst-report-voya-financial-inc-voya-q2-2025-earnings-call-93CH-4204563