Equitable and Corebridge Announce $22 Billion All-Stock Merger
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Equitable Holdings ( (EQH) ) has shared an update.
On March 26, 2026, Corebridge Financial and Equitable Holdings agreed to an all-stock merger that values the combined company at about $22 billion based on March 25, 2026 closing prices. The deal will create a leading retirement, life, wealth and asset management group with over 12 million customers, $1.5 trillion in assets and a broad, multi-channel distribution network spanning individual and group retirement, asset management, wealth advisory, life insurance and institutional markets.
The merger, unanimously approved by both boards, is designed to deliver higher growth, a more balanced revenue mix and resilient earnings, supported by more than $500 million in expected run-rate expense synergies by the end of 2028 and pro forma annual operating earnings above $5 billion. Corebridge shareholders are expected to own roughly 51% of the new parent and Equitable shareholders 49%, with the combined company operating under the Equitable name and EQH ticker, and management projecting immediate accretion to earnings per share and cash generation and enhanced financial flexibility for future investment and capital returns.
The most recent analyst rating on (EQH) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Equitable Holdings stock, see the EQH Stock Forecast page.
Spark’s Take on EQH Stock
According to Spark, TipRanks’ AI Analyst, EQH is a Neutral.
EQH scores below average primarily due to balance-sheet/capital weakness (equity deterioration to slightly negative in 2025) and volatile GAAP profitability, reinforced by bearish technicals (below key moving averages with negative momentum). Offsetting factors include improved recent cash generation and a constructive earnings call with higher 2026 cash generation/EPS growth guidance, plus a moderate dividend yield.
To see Spark’s full report on EQH stock, click here.
More about Equitable Holdings
Equitable Holdings is a U.S. financial services company focused on retirement, life insurance, wealth management and asset management solutions for individuals, institutions and group retirement plans. Through its majority-owned asset manager AllianceBernstein and broad distribution network, it targets customers seeking investment, savings and protection products, positioning itself as a scaled player across retirement and wealth markets.
Corebridge Financial operates in similar U.S. markets, providing individual and group retirement products, life insurance and institutional solutions, and together with Equitable it will support more than 12 million customers with $1.5 trillion in assets under management and administration, leveraging multi-channel distribution and global asset management capabilities to deepen its presence across retirement, asset and wealth management segments.
Average Trading Volume: 3,064,644
Technical Sentiment Signal: Sell
Current Market Cap: $10.71B
For an in-depth examination of EQH stock, go to TipRanks’ Overview page.
