Met life stock price forecast the latest industry conference insights

The latest industry conference insights suggest MetLife’s product adaptation in the retirement segment will be a revenue catalyst, reinforcing an upward MetLife stock price forecast in the $72–$74 corridor. Using the price-to-sales ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects. This quarter, MetLife missed Wall Street’s estimates and reported a rather uninspiring 7.2% year-on-year revenue decline, generating $17.34 billion of revenue. Market sentiment for MetLife has improved following its Q2 earnings beat. Analysts have updated the MetLife stock price forecast, projecting a move toward $74 if the current portfolio yield trends sustain through mid-2024.