Compass Verdict

Is Equitable Holdings, Inc. (NYSE:EQH) a buy in 2026?

Lean no. The Compass would trim Equitable Holdings, Inc. here, not add.

A 167-year-old annuity giant trading at 4.8x forward earnings for a reason: the model is breaking faster than buybacks can mask it.

Compass Score 19/100Headwinds$41.93

Where EQH is headed

Picture Equitable Holdings in late 2027. The buyback machine has retired another 8-10% of the float, EPS optically prints higher, and the sell side keeps the Overweight ratings stapled to the cover page. Look underneath. Revenue is still shrinking, the Legacy GMxB block keeps bleeding capital into a hedging program that Bermuda regulators are now staring at, and the Individual Retirement segment, the supposed crown jewel, is watching net flows compress as fixed annuity yields from competitors like Athene and Corebridge price more aggressively against Equitable's variable annuity book. The company looks profitable on a forward P/E basis precisely because the market does not believe the E.

Read the full Compass Direction on EQH

The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $41.93).

See the full EQH analysis

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Frequently asked questions

Is Equitable Holdings, Inc. (NYSE:EQH) a buy in 2026?

Lean no. The Compass would trim Equitable Holdings, Inc. here, not add. A 167-year-old annuity giant trading at 4.8x forward earnings for a reason: the model is breaking faster than buybacks can mask it.

What is EQH's Compass Score?

Equitable Holdings, Inc. scores 19/100 on Alexandria's Compass, placing it in the "Headwinds" tier. Scores blend eight factors and update weekly.

What is the price target for EQH?

Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the EQH page.

Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.