Shares of insurance company Aflac Incorporated (AFL) from Columbus, Georgia, have gained only 2.6% over the past 52 weeks, significantly lagging behind the 20.1% growth of the S&P 500 index and the 22.8% increase of the financial sector. Despite weak performance, the stock jumped 3.4% after the quarterly report on August 5: revenue fell 19% to $4.2 billion but exceeded forecasts by 2.3%, while adjusted earnings per share came in at $1.78, beating expectations by 4.1%.

For 2025, analysts expect earnings per share to fall by 5.6% to $6.81. The consensus forecast remains at “Hold”: out of 16 analysts, two recommend a “Strong Buy,” one a “Moderate Buy,” ten suggest “Hold,” and three a “Strong Sell.” The average target price is $106.21, 2.6% above the current level, while the highest forecast of $124 implies an increase of nearly 20%.