Brookfield Corp (BN) Stock Forecast & Price Target

Brookfield Corp is poised for significant growth, with management projecting a 28% compound annual growth rate (CAGR) in Distributable Earnings from its Wealth Solutions and BWS segments, indicating a shift in contribution to Distributable Earnings from 30% to approximately 50% by 2029. The company’s strategic focus on real assets, which are essential to the economy, positions it effectively to deliver risk-adjusted returns to its stakeholders. Additionally, the current valuation presents an appealing entry point for investors, especially as Brookfield stands to benefit from increased carried interest realizations and the expansion of its Wealth Solutions business.

Brookfield Corp is currently trading at a 22% discount to its net asset value (NAV), which is significantly higher than the assumed 15% discount, indicating a negative sentiment among investors. Additionally, the company has reported a substantial decline in real estate IFRS values by 50%, further contributing to the bearish outlook. Concerns regarding the lack of value ascribed to target carry and a 30% discount on accrued carry suggest that investors maintain a highly conservative stance, which could hinder Brookfield's ability to recover or grow its valuation in the near term.