Franklin Resources, Inc. (BEN)

Franklin Resources Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Franklin Resources stock have an average target of 24.02, with a low estimate of 20 and a high estimate of 32. The average target predicts an increase of 20.89% from the current stock price of 19.87.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$20	$24.02	$24	$32
Change	+0.65%	+20.89%	+20.79%	+61.05%

Analyst Ratings

The average analyst rating for BEN stock from 12 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	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	7	7	7	7	6	7
Sell	2	2	2	3	4	4
Strong Sell	1	1	1	1	1	1
Total	10	10	10	11	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexander Blostein Goldman Sachs	Goldman Sachs	Strong Sell Maintains $24 → $21	Strong Sell	Maintains	$24 → $21	+6.95%	Sep 30, 2024
Michael Brown Wells Fargo	Wells Fargo	Hold Initiates $20	Hold	Initiates	$20	+0.65%	Sep 12, 2024
David Motemaden Evercore ISI Group	Evercore ISI Group	Sell Maintains $24 → $20	Sell	Maintains	$24 → $20	+0.65%	Sep 5, 2024
Benjamin Budish Barclays	Barclays	Sell Initiates $20	Sell	Initiates	$20	+0.65%	Aug 27, 2024
Aidan Hall Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Sell Maintains $23	Sell	Maintains	$23	+15.75%	Aug 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

6.60B

Decreased by -15.93%

from 7.85B

Revenue Next Year

6.99B

Increased by 5.97%

from 6.60B

EPS This Year

2.43

Increased by 41.08%

from 1.72

EPS Next Year

2.69

Increased by 10.96%

from 2.43

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2019	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	5.67B	5.57B	8.43B	8.28B	7.85B	6.60B	6.99B	7.36B
Revenue Growth	-8.62%	-1.82%	51.36%	-1.78%	-5.15%	-15.93%	5.97%	5.25%
EPS	2.35	1.59	3.57	2.53	1.72	2.43	2.69	2.93
EPS Growth	69.11%	-32.34%	124.53%	-29.13%	-32.02%	41.08%	10.96%	8.94%
Forward PE	-	-	-	-	-	8.19	7.38	6.77
No. Analysts	-	-	-	-	-	15	15	10

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	6.9B	7.5B	7.8B
Avg	6.6B	7.0B	7.4B
Low	6.4B	6.6B	7.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	-12.3%	13.6%	11.7%
Avg	-15.9%	6.0%	5.2%
Low	-18.6%	0.7%	0.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	2.56	3.07	3.26
Avg	2.43	2.69	2.93
Low	2.31	2.34	2.57

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	49.0%	26.3%	20.9%
Avg	41.1%	11.0%	8.9%
Low	34.5%	-3.5%	-4.6%

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.