Voya Financial, Inc. (VOYA) Fair Value 2026

VOYA · Financial Conglomerates ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.2 /10

32 fundamental signals · 6 models active

Value Trap Risk

SAFE (12/100)

Quick Summary — As of 2026-08-28, Voya Financial, Inc. (VOYA) trades at $102.55, versus a $44.55 median fair value across its 6 active models — 56.6% below the current price. QOC: 8.2/10. Value Trap Risk: 12/100 (SAFE). 6/13 models active.

Key Facts

Ticker
VOYA
Price
$102.55
Quality Score
8.2/10
Value Trap Risk
12/100
Models Active
6/13
Last Updated
Strength: Quality Score of 8.2/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Voya Financial, Inc. (VOYA) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, Voya Financial, Inc. (VOYA) appears overvalued as of : the median of 6 independent fair value estimates is $44.55, 56.6% below the current price of $102.55. Estimates range from $5.87 to $84.11. VOYA scores 8.2/10 on fundamental quality and 12/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. VOYA’s -56.6% gap is wider than that market norm. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Voya Financial, Inc. Stock in 2026? →

What Fair Value Does Each Model Give VOYA?

6 Intrinsic Value Models vs. Current Price ($102.55)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $84.11 -18.0%
Ensemble · Low Conviction
 $45.46 -55.7%
Intrinsic · High Conviction
 $43.64 -57.4%
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What Is VOYA's Fair Value Range?

Spread across 6 independent models · $5.87 to $84.11

CirclFi's 6 active models place Voya Financial, Inc. (VOYA) between $5.87 and $84.11 per share, a spread of 176% of the median. The median of that range — $44.55 — is the fair value CirclFi publishes for VOYA, against a current price of $102.55.

Low · ML-RIVHigh · EPV
$5.87median $44.55$84.11
Where the range comes from
Most bearish modelML Residual Income$5.87
Most bullish modelEarnings Power Value (EPV)$84.11
Model agreement0 bullish · 6 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for VOYA. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on VOYA, not a CirclFi price target. How each model works →

What Is Voya Financial, Inc. (VOYA) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Voya Financial, Inc.'s intrinsic value is estimated at $44.55, suggesting the stock is overvalued at its current price of $102.55. With 6 out of 6 models flagging downside (-56.6% vs price), the market may be pricing in unsustainable growth. Notably, EPV sees the most upside at -18.0% (fair value: $84.11), while ML-RIV is the most conservative at -94.3% ($5.87). The spread between these extremes — +76.3% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About VOYA?

6 of 13 models are currently active for VOYA. All 6 active models suggest the stock trades above fair value. Taken together, their median fair value for VOYA is $44.55 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does VOYA Rank in Financial Conglomerates?

Among 8 Financial Conglomerates stocks, VOYA ranks #2 by Quality of Company score. CirclFi's QOC score of 8.2/10 evaluates 32 fundamental signals. A score of 8.2 places VOYA in the top tier.

Within the Financial Conglomerates space, Voya Financial, Inc. competes in an environment where non-performing loan ratio often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is VOYA a Value Trap?

CirclFi's Value Trap algorithm assigns VOYA a score of 12/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for Voya Financial, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Voya Financial, Inc. is rated at 8.2/10. This strong-tier score demonstrates strong fundamentals across the majority of our quality signals.

The gap between the most bullish and bearish model spans +76.3% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every VOYA valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across VOYA's 6 active models, average confidence is 39%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Voya Financial, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Financial Conglomerates Stocks Should You Also Analyze?

7 related Financial Conglomerates stocks with 13-model coverage

FRHCFreedom Holdings Corp.QOC 8.4TREELendingTree, Inc.QOC 7.9IXORIX CorporationQOC 7.7HTHHilltop Holdings Inc.QOC 7.0RILYBRC Group Holdings, Inc.QOC 6.1FGCOFinancial Gravity Companies, Inc.QOC 5.9TMSTeamshares Inc.QOC 3.9

Read investment analysis: FRHC · TREE · IX · HTH · RILY · FGCO · TMS

Which Other Stocks Have a Similar Quality Score to VOYA?

7 companies across all industries closest to VOYA’s Quality of Company score of 8.2/10.

KDPKeurig Dr Pepper Inc.QOC 8.2TBPHTheravance Biopharma, Inc.QOC 8.2ICFIICF International, Inc.QOC 8.2GATXGATX CorporationQOC 8.2MITTTPG Mortgage Investment Trust, Inc.QOC 8.2XYFX FinancialQOC 8.2NVDANVIDIA CorporationQOC 10.0

Read investment analysis: KDP · TBPH · ICFI · GATX · MITT · XYF · NVDA

What Else Do Investors Ask About Voya Financial, Inc.’s Valuation?

What is Voya Financial, Inc.'s intrinsic value in 2026?

CirclFi puts Voya Financial, Inc. (VOYA)'s intrinsic value at $44.55 — the median of 6 independent model estimates as of 2026-08-28, ranging from $5.87 to $84.11. The Quality of Company score is 8.2/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is VOYA overvalued or undervalued right now?

At $102.55, 0 of 6 active models suggest VOYA may be undervalued, while 6 indicate potential overvaluation. The median of all 6 fair value estimates is $44.55, 56.6% below the current price of $102.55 — a consensus view that VOYA is overvalued. The assessment depends on which methodology best fits Voya Financial, Inc.'s business model in Financial Conglomerates.

What does a Quality of Company score of 8.2 mean for VOYA?

Voya Financial, Inc.'s QOC of 8.2/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on VOYA?

CirclFi analyzes VOYA with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 6 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on VOYA?

Of the 6 models currently active on VOYA, Earnings Power Value (EPV) is the most bullish at $84.11 per share, and ML Residual Income is the most bearish at $5.87. CirclFi's published fair value for VOYA is the median of that range, $44.55, not either extreme. The gap between the two ends equals 176% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is VOYA a value trap in 2026?

Voya Financial, Inc.'s Value Trap score is 12/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, Voya Financial, Inc. (VOYA) has a median fair value of $44.55 — 56.6% below the current price of $102.55 — as of 2026-08-28.” Source: circlfi.com/stock/VOYA/ · Methodology
Primary sources for this VOYA valuation
  • Financial statements: Voya Financial, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001535929) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for VOYA as of ; valuations recomputed .

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