Equitable Holdings (EQH)
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
$52.96-1.08%
Close 2026-09-04 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
Intact: The reason to own it still holds.
Equitable aims to generate $1.8 billion cash in 2026. EPS should grow over 15% this year. The company has a share buyback plan. Profit margins and cash flow are improving.
Lower fee income hurts growth. Net income improvement is uncertain. Market volatility may pressure earnings and cash flow.
The price is about 9% below our fair value near $52. Analysts expect 32% revenue growth, which is optimistic versus current results.
Breaks if: cash generation falls below $1.2 billion in FY26
Breaks if: EPS growth falls below 10% in FY26
Breaks if: Buyback program is canceled or materially reduced
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround opportunity with a focus on improving fundamentals. The current thesis state is cautious due to recent weak financial performance, despite some positive momentum in earnings.
The market appears to have priced in a low expectations gap, indicating that EQH is seen as cheap compared to its peers. However, there is a justified valuation based on the company's recent performance and sector conditions.
Management is on track with key priorities, including a merger with Corebridge Financial and targeted cash generation. However, the recent financial performance has been weak, which could pose risks to achieving future targets.
The long-term thesis hinges on the successful completion of the merger and the ability to maintain or improve earnings growth. Additionally, the performance of sector bellwethers like BLK, BX, and KKR will be crucial for sustaining positive momentum.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improved outlook. There are no new threats impacting the thesis.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
In the next 1 to 3 years, EQH's performance will depend on execution of management priorities and external sector influences. Not investment advice.