Franklin Resources, Inc. (BEN)

Franklin Resources Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Franklin Resources stock have an average target of 21.87, with a low estimate of 18.5 and a high estimate of 32. The average target predicts a decrease of -0.41% from the current stock price of 21.96.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$18.5	$21.87	$19.5	$32
Change	-15.76%	-0.41%	-11.20%	+45.72%

Analyst Ratings

The average analyst rating for BEN stock from 13 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	7	7	6	7	7	8
Sell	2	3	4	4	4	4
Strong Sell	1	1	1	1	1	1
Total	10	11	11	12	12	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bill Katz TD Cowen	TD Cowen	Hold Maintains $20 → $19	Hold	Maintains	$20 → $19	-15.76%	Nov 5, 2024
Michael Brown Wells Fargo	Wells Fargo	Hold Maintains $19 → $20	Hold	Maintains	$19 → $20	-11.20%	Nov 5, 2024
Aidan Hall Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Sell Reiterates $20 → $19	Sell	Reiterates	$20 → $19	-13.48%	Nov 5, 2024
Kenneth Worthington JP Morgan	JP Morgan	Hold Maintains $22 → $21	Hold	Maintains	$22 → $21	-4.37%	Nov 5, 2024
Brian Bedell Deutsche Bank	Deutsche Bank	Hold Maintains $20 → $19	Hold	Maintains	$20 → $19	-13.48%	Nov 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

7.10B

Decreased by -16.28%

from 8.48B

Revenue Next Year

7.36B

Increased by 3.66%

from 7.10B

EPS This Year

2.43

Increased by 186.07%

from 0.85

EPS Next Year

2.63

Increased by 8.54%

from 2.43

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	5.57B	8.43B	8.28B	7.85B	8.48B	7.10B	7.36B	8.75B
Revenue Growth	-1.82%	51.36%	-1.78%	-5.15%	8.01%	-16.28%	3.66%	18.90%
EPS	1.59	3.57	2.53	1.72	0.85	2.43	2.63	2.78
EPS Growth	-32.34%	124.53%	-29.13%	-32.02%	-50.68%	186.07%	8.54%	5.65%
Forward PE	-	-	-	-	-	9.05	8.34	7.89
No. Analysts	-	-	-	-	-	16	16	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	9.2B	9.4B	9.1B
Avg	7.1B	7.4B	8.7B
Low	6.5B	6.7B	8.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	8.0%	32.1%	23.6%
Avg	-16.3%	3.7%	18.9%
Low	-22.9%	-5.0%	15.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.67	2.91	3.14
Avg	2.43	2.63	2.78
Low	2.22	2.29	2.47

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	214.4%	19.9%	19.2%
Avg	186.1%	8.5%	5.6%
Low	162.2%	-5.5%	-6.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.