Keefe, Bruyette & Woods Remains Bullish on Lincoln National Corporation (LNC) Following Q3 Results

Lincoln National Corporation (NYSE:LNC) is included in our list of the 12 deep value stocks to invest in.

Keefe, Bruyette & Woods Remains Bullish on Lincoln National Corporation (LNC) Following Q3 Results

On November 3, 2025, Keefe, Bruyette & Woods increased its price target on Lincoln National Corporation (NYSE:LNC) from $43 to $44, reiterating a “Market Perform” rating.

Meanwhile, on October 30, 2025, Lincoln National Corporation (NYSE:LNC) released its Q3 results, marked by steady progress in strengthening its balance sheet, diversifying its product mix, and enhancing profitability.

For the quarter, Lincoln National Corporation (NYSE:LNC) reported EPS of $2.04, beating analysts’ expectations of $1.84. It was the company’s fifth straight quarter of year-over-year adjusted operating income growth, with $4.5 billion in sales. The company has recorded consecutive sales growth over the past four quarters.

In the earnings call, Lincoln’s CEO attributed the strong quarterly performance to “broad-based momentum and disciplined execution” across all four business segments. Particularly, life insurance earnings noted a significant YoY improvement, reaching $54 million. Looking ahead, Lincoln National Corporation (NYSE:LNC) aims to leverage its strong capital buffer to further optimize its operating model for efficiency and scalability.

With its annuities, life insurance, group protection, and retirement plan services, Lincoln National Corporation (NYSE:LNC) helps individuals secure a financially successful future.

While we acknowledge the potential of LNC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LNC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.