Stock Pulse
Prudential Financial (PRU) is underperforming the market, with stock down 16.2% [1], but the company maintains a positive growth outlook for 2025 and 2026 driven by retirement product demand and international presence [1]. PRU is urging shareholders to vote against separating the Chairman and CEO roles [2] and recently declared its 17th consecutive annual dividend increase [2]. Key developments include raising $2 billion for its Global Data Center Fund [4], appointing Oliver Nisenson to lead a new Asset-Based Finance platform within PGIM Fixed Income [3], and the upcoming Q1 2025 earnings release on April 30th [5]. While these strategic moves position PRU for long-term growth, potential headwinds include exposure to guaranteed minimum return products in a low-interest-rate environment [1] and challenges in the leveraged finance market due to recession fears [6].