Jackson Financial Inc. (JXN) Stock Analysis
Financial Services · Insurance - Life
Hold if already holding. Not a fresh buy at $117.52, but acceptable to hold if already in. Reasons: Concentration risk — Counterparty: Athene; Concentration risk — Counterparty: Federal Home Loan Bank of Indianapolis.
Jackson Financial sells variable, registered index-linked, fixed index, fixed, and payout annuities to U.S. retail investors through independent broker-dealers, wirehouses, and banks. 2025 total retail annuity sales were $19.7B with $351B AUM; Adjusted Operating Earnings were... Read more
Hold if already holding. Not a fresh buy at $117.52, but acceptable to hold if already in. Reasons: Concentration risk — Counterparty: Athene; Concentration risk — Counterparty: Federal Home Loan Bank of Indianapolis. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 5d<=7d. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHcounterpartyAthene10-K Item 1A: 'Our reinsurance agreement with Athene involves the majority of our in force fixed annuities and fixed index annuities, thereby exposing us to a large concentration of credit risk with respect to a single counterparty.'
- HIGHcounterpartyFederal Home Loan Bank of Indianapolis10-K Item 1A: 'We are subject to liquidity risks associated with sourcing a large concentration of our funding from the Federal Home Loan Bank of Indianapolis ("FHLBI").'
- MEDIUMcounterpartyPrudential plc32%10-K Item 1A: 'Our former parent, Prudential plc, and its affiliates are significant clients of PPM, representing $29.8 billion or 32% of PPM's total assets under management.'
Material Events(8-K, last 90d)
- 2026-04-09Item 5.02LOWChristopher Raub became President/CEO of PPM America subsidiary April 9, 2026. Laura Prieskorn resumed role as President of Jackson National Life. Mr. Raub remains EVP of JXN. No compensation changes.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
10 dimensions · all in-band
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $117.52, but acceptable to hold if already in. Reasons: Concentration risk — Counterparty: Athene; Concentration risk — Counterparty: Federal Home Loan Bank of Indianapolis. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Maintain position. Not compelling to add more. Target $115.84 (-1.4%), stop $111.35 (−5.5%), A.R:R -0.8:1. Score 5.7/10, moderate confidence.
Take-profit target: $115.84 (-1.4% upside). Target $115.84 (-1.4%), stop $111.35 (−5.5%), A.R:R -0.8:1. Stop-loss: $111.35.
Concentration risk — Counterparty: Athene; Concentration risk — Counterparty: Federal Home Loan Bank of Indianapolis; Analyst target reached - limited upside remaining.
Jackson Financial Inc. trades at a P/E of N/A (forward 4.4). TrendMatrix value score: 8.4/10. Verdict: Hold.
8 analysts cover JXN with a consensus score of 3.6/5. Average price target: $122.
What does Jackson Financial Inc. do?Jackson Financial sells variable, registered index-linked, fixed index, fixed, and payout annuities to U.S. retail...
Jackson Financial sells variable, registered index-linked, fixed index, fixed, and payout annuities to U.S. retail investors through independent broker-dealers, wirehouses, and banks. 2025 total retail annuity sales were $19.7B with $351B AUM; Adjusted Operating Earnings were $1.614B. The company was the 7th largest U.S. retail annuity company for the 9 months ended September 2025.