T. Rowe Price Group, Inc. (TROW)
NASDAQ: TROW · Real-Time Price · USD
109.38
+1.92 (1.79%)
Sep 26, 2024, 4:00 PM EDT - Market closed
T. Rowe Price Group Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for T. Rowe Price Group stock have an average target of 112.33, with a low estimate of 99 and a high estimate of 125. The average target predicts an increase of 2.70% from the current stock price of 109.38.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for TROW 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 | 8 | 8 | 7 | 7 | 7 | 8 |
| Sell | 2 | 2 | 2 | 2 | 3 | 3 |
| Strong Sell | 3 | 3 | 3 | 2 | 1 | 1 |
| Total | 13 | 13 | 12 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Initiates $109 | Hold | Initiates | $109 | -0.35% | Sep 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $115 → $108 | Hold | Maintains | $115 → $108 | -1.26% | Sep 5, 2024 |
| Barclays | Barclays | Sell Initiates $99 | Sell | Initiates | $99 | -9.49% | Aug 27, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $112 → $113 | Hold | Maintains | $112 → $113 | +3.31% | Aug 15, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $123 → $118 | Hold | Maintains | $123 → $118 | +7.88% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
7.30B
from 6.46B
Increased by 13.06%
Revenue Next Year
7.59B
from 7.30B
Increased by 3.85%
EPS This Year
9.26
from 7.76
Increased by 19.30%
EPS Next Year
9.29
from 9.26
Increased by 0.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.6B | 8.0B | 8.3B | ||
| Avg | 7.3B | 7.6B | 7.9B | ||
| Low | 6.9B | 7.1B | 7.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.5% | 9.0% | 10.0% | ||
| Avg | 13.1% | 3.8% | 4.8% | ||
| Low | 6.9% | -2.6% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.71 | 10.08 | 10.95 | ||
| Avg | 9.26 | 9.29 | 9.87 | ||
| Low | 8.58 | 8.25 | 9.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.2% | 8.8% | 17.8% | ||
| Avg | 19.3% | 0.4% | 6.2% | ||
| Low | 10.6% | -10.9% | -2.8% |
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.