NYSE: VOYA · Life Insurance
Voya Financial (VOYA) fair value and price range
As of 4 Nov 2026, Faircurve's model values Voya Financial (VOYA) at $97.54 a share. The stock last closed at $98.40, which puts the model's fair value 0.9% below the price. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 5 Nov 2026. Voya Financial, Inc.
The report adds the live price, the chart against the range the options market prices, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 4 Nov 2026 moved the fair value from $82.68 to $97.54 (+18.0%). The model does not yet explain moves on this valuation method.
What the model makes of itThe price of $98.40 is 0.9% above it. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
What's nextNext report on 2 Feb 2027. Options prices imply a move of about 10% either way over the next month. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give VOYA?
The calibrated range for VOYA over 63 trading days is $88.38 to $112.28. It sits around the last close, and its width comes from the volatility that VOYA's own options imply (36% a year), calibrated weekly against realised prices (n = 6,661 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $83.34 to $112.83. In 38% of the simulations the fair value came out above the price the model ran on.
Faircurve Insights · 4 Nov 2026
Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally. It operates through three segments: Retirement, Investment Management and Employee Benefits.
Faircurve's model put the fair value at $97.54 a share on 4 Nov 2026, the midpoint of 2,000 simulations. The previous run, on 31 Oct 2026, gave $82.68, so the fair value moved +18.0%. The model does not yet explain moves on this valuation method. The calibrated range over 63 trading days is $93.71 to $119.80. It is built around the price from the volatility the stock's own options imply, and calibrated weekly against realised prices across 6,661 past valuations. Ranges built this way held the price 60% of the time at this horizon. The model grades the evidence behind this valuation as low, so no verdict is shown.
Faircurve's model compares Voya with Prudential Financial, Inc. (PRU), which has a fair value of its own on the site. Seven other comparable companies have no verdict on this date: Primerica, Inc. (PRI), Jackson Financial Inc. (JXN), Lincoln National Corporation (LNC), Unum Group (UNM), CNO Financial Group, Inc. (CNO), Brighthouse Financial, Inc. (BHF) and Aflac Incorporated (AFL). Faircurve first valued Voya on 11 Jul 2026.
Written from the figures on this page for the 4 Nov 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does VOYA report earnings, and how has the stock reacted?
Voya Financial's next earnings report is scheduled for 2 Feb 2027. Companies can move their dates.
Options prices on 5 Nov 2026 imply a move of about 6.4% in either direction through the nearest expiry, about 14 days out. That is the size the market is pricing, not a direction. VOYA's 30 day implied volatility works out to about 10.4% over one month.
On 5 Nov 2026 VOYA moved 6.0% in one session, against the 2.3% a day that options had priced: 2.5 times the implied size.
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across VOYA's last 8 reports, ignoring direction, was 5.0%.
What the options market has priced for a month's move in VOYA
How does VOYA compare with similar companies?
The companies in life insurance closest to Voya Financial in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| PRI Primerica, Inc. | $288.96 | $276.88 | -4.2% | Low evidence grade |
| JXN Jackson Financial Inc. | $132.73 | $209.80 | +58.1% | Low evidence grade |
| LNC Lincoln National Corporation | $39.16 | $117.88 | +201.0% | Gap wider than 60% |
| UNM Unum Group | $73.95 | $86.57 | +17.1% | Low evidence grade |
| CNO CNO Financial Group, Inc. | $56.43 | $50.35 | -10.8% | Low evidence grade |
| BHF Brighthouse Financial, Inc. | $41.10 | $190.59 | +363.7% | Data under review |
| PRU Prudential Financial, Inc. | $122.46 | $143.66 | +17.3% | Undervalued |
| AFL Aflac Incorporated | $126.24 | $101.81 | -19.4% | Low evidence grade |
Voya Financial at a glance
Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally. The company operates through three segments: Retirement, Investment Management and Employee Benefits.
- Market value
- $8.9B
- Sector
- Financial Services
- Industry
- Life Insurance
- Consensus revenue growth, next fiscal year
- +3.1%
- Analysts with estimates
- 8
- Beta to the US market
- 0.61
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Voya Financial on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 31 Oct 2026 the model's fair value for VOYA was $82.68. As of 4 Nov 2026 it is $97.54, a change of +18.0%. The model does not yet explain moves on this valuation method. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Voya Financial's valuation
Is Voya Financial stock undervalued or overvalued?
Faircurve's model puts VOYA's fair value at $97.54 a share against a last close of $98.40, as of 4 Nov 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
What is VOYA's fair value?
$97.54 a share as of 4 Nov 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $83.34 to $112.83.
What price range does the model give VOYA?
$88.38 to $112.28 over 63 trading days. Ranges built this way held the price 60% of the time across 6,661 past valuations, refreshed 31 Oct 2026.
When does Voya Financial report earnings next?
The next report is scheduled for 2 Feb 2027. Companies can move their dates.
How much has VOYA moved on past earnings reports?
Across its last 8 reports the median two session move was 5.0%, ignoring direction. The largest was +7.8% around the report of 5 Aug 2025.
How confident is the model in this valuation?
The model's evidence grade for VOYA is low. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on VOYA
The model holds no idea open on VOYA today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on VOYA with their outcomes. A free account is enough.