Discover Financial Services (DFS) Stock Forecast & Price Target $175.00 +2.92 (+1.70%) (As of 11/21/2024 ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Discover Financial Services - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Consensus Rating HoldBased on 19 Analyst RatingsSell0Hold12Buy7 Based on 19 Wall Street analysts who have issued ratings for Discover Financial Services in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 12 have given a hold rating, and 7 have given a buy rating for DFS. Consensus Price Target $138.81-20.68% Downside According to the 19 analysts' twelve-month price targets for Discover Financial Services, the average price target is $138.81. The highest price target for DFS is $168.00, while the lowest price target for DFS is $98.00. The average price target represents a forecasted downside of -20.68% from the current price of $175.01. Get the Latest News and Ratings for DFS and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Discover Financial Services and its competitors. Enter your email to sign up for newsletter Sign Up DFS Analyst Ratings Over TimeTypeCurrent Forecast11/23/23 to 11/22/241 Month Ago10/24/23 to 10/23/243 Months Ago8/25/23 to 8/24/241 Year Ago11/23/22 to 11/23/23Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy7 Buy rating(s)8 Buy rating(s)8 Buy rating(s)6 Buy rating(s)Hold12 Hold rating(s)12 Hold rating(s)12 Hold rating(s)9 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$138.81$136.12$131.33$103.56Forecasted Upside-20.68% Downside-6.23% Downside-1.20% Downside19.77% UpsideConsensus RatingHoldHoldHoldHold BREAKING: NVDA loses $175 billion in 8 minutes (Ad)It's a wild week for the legendary chipmaker. Nvidia just beat earnings expectations across every metric, with annual revenue up nearly 100%. So why did the stock abruptly plunge following the earnings release – losing $175 billion in just 8 minutes?Things are about to get even stranger. DFS Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History DFS Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Discover Financial Services Stock vs. The CompetitionTypeDiscover Financial ServicesFinance CompaniesS&P 500Consensus Rating Score 2.37 2.49 2.50Consensus RatingHoldHoldModerate BuyPredicted Upside-20.68% Downside11.64% Upside8.51% UpsideNews Sentiment RatingPositive NewsSee Recent DFS NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails10/30/2024Evercore ISI2 of 5 stars Boost TargetIn-Line ➝ In-Line$156.00 ➝ $163.00+5.04%10/18/2024Wells Fargo & Company3 of 5 stars Boost TargetEqual Weight ➝ Equal Weight$152.00 ➝ $160.00+7.17%10/18/2024Royal Bank of Canada4 of 5 starsJon ArfstromSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetSector Perform ➝ Sector Perform$148.00 ➝ $161.00+6.96%7/19/2024BarclaysSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetEqual Weight ➝ Equal Weight$135.00 ➝ $137.00-4.22%7/19/2024JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$132.00 ➝ $135.00-4.62%7/19/2024BMO Capital MarketsSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetMarket Perform ➝ Market Perform$115.00 ➝ $119.00-15.00% Get the Latest News and Ratings for DFS and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Discover Financial Services and its competitors with MarketBeat's FREE daily newsletter. 7/9/2024Jefferies Financial GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$145.00 ➝ $150.00+15.35%7/8/2024Keefe, Bruyette & WoodsSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOutperform ➝ Outperform$145.00 ➝ $160.00+24.14%6/7/2024BTIG ResearchSubscribe to MarketBeat All Access for the recommendation accuracy ratingV. CainticSubscribe to MarketBeat All Access for the recommendation accuracy ratingInitiated CoverageNeutral3/21/2024HSBCSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetHold ➝ Hold$107.00 ➝ $144.00+14.14%3/15/2024Seaport Res PtnSubscribe to MarketBeat All Access for the recommendation accuracy ratingW. RyanSubscribe to MarketBeat All Access for the recommendation accuracy ratingDowngradeBuy ➝ Neutral2/23/2024Piper SandlerSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOverweight ➝ Overweight$127.00 ➝ $145.00+18.44%2/23/2024CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$127.00 ➝ $168.00+36.96%2/21/2024Wolfe ResearchSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingOutperform ➝ Peer Perform2/8/2024Morgan StanleySubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeEqual Weight ➝ Overweight$105.00 ➝ $133.00+25.14%1/19/2024Deutsche Bank AktiengesellschaftSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetHold ➝ Hold$140.00 ➝ $111.00+14.02%1/19/2024The Goldman Sachs GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetBuy ➝ Buy$139.00 ➝ $121.00+24.74%12/14/2023StephensSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingEqual Weight ➝ Equal Weight$98.00-7.42%12/6/2023Bank of AmericaSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeNeutral ➝ Buy$94.00 ➝ $116.00+17.08%11/1/2023TD CowenSubscribe to MarketBeat All Access for the recommendation accuracy rating Initiated CoverageOutperform$100.00+21.83%4/21/2023Credit Suisse GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingOutperform$120.00+13.72%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:56 AM ET. Should I Buy Discover Financial Services Stock? DFS Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 1, 2024. Please send any questions or comments about these Discover Financial Services pros and cons to contact@marketbeat.com. Discover Financial Services Bull Case Here are some ways that investors could benefit from investing in Discover Financial Services: Discover Financial Services has shown strong quarterly earnings results, beating consensus estimates by a significant margin, indicating financial health and potential growth. Analysts have given a "buy" rating to Discover Financial Services, suggesting confidence in the company's future performance and stock value. The company has a solid return on equity of 20.92%, indicating efficient use of shareholder funds to generate profits. Discover Financial Services has a dividend yield of 1.93%, providing investors with a steady income stream relative to the stock price. The stock price of Discover Financial Services has been trading at a higher range, reaching $144.89, showing positive momentum and investor interest. Discover Financial Services Bear Case Investors should be bearish about investing in Discover Financial Services for these reasons: Discover Financial Services has received multiple "hold" ratings from analysts, indicating a lack of strong conviction in the stock's performance. The company's debt-to-equity ratio of 1.28 may raise concerns about its level of leverage and financial risk. While the company has shown growth, the stock has a beta of 1.41, indicating higher volatility compared to the market average, which may not suit all investors. Discover Financial Services operates in a competitive industry, facing challenges from other financial service providers that could impact its market position. Despite positive aspects, the stock has an average rating of "Hold" and a consensus price target of $132.94, suggesting limited upside potential according to analysts. DFS Forecast - Frequently Asked Questions What is Discover Financial Services' forecast for 2025? According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Discover Financial Services is $138.81, with a high forecast of $168.00 and a low forecast of $98.00. Should I buy or sell Discover Financial Services stock right now? 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Discover Financial Services in the last year. There are currently 12 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DFS, but not buy additional shares or sell existing shares. Does Discover Financial Services's stock price have much downside? According to analysts, Discover Financial Services's stock has a predicted downside of -20.68% based on their 12-month stock forecasts. What analysts cover Discover Financial Services? Discover Financial Services has been rated by research analysts at Evercore ISI, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days. Do Wall Street analysts like Discover Financial Services more than its competitors? Analysts like Discover Financial Services less than other "finance" companies. The consensus rating score for Discover Financial Services is 2.37 while the average consensus rating score for "finance" companies is 2.49. Learn more on how DFS compares to other companies. Stock Forecasts and Research Tools Related Companies COF Stock Forecast CACC Stock Forecast SLM Stock Forecast NNI Stock Forecast ECPG Stock Forecast PRAA Stock Forecast WRLD Stock Forecast EZPW Stock Forecast GDOT Stock Forecast RM Stock Forecast Today's Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top Rated Stocks Top Rated Stocks Top Rated Dividend Stocks Top Rated Small-Cap Stocks Top Rated Tech Stocks Most Upgraded Stocks Most Downgraded Stocks Lowest Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Democrats Sold Out the American Dream - Are you ready? (Ad)There's a massive housing crisis looming, and nobody on Main Street knows it yet... 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