Franklin Resources Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Franklin Resources stock have an average target of 26.48, with a low estimate of 23 and a high estimate of 32. The average target predicts an increase of 12.73% from the current stock price of 23.49.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23	$26.48	$26.75	$32
Change	-2.09%	+12.73%	+13.88%	+36.23%

Analyst Ratings

The average analyst rating for BEN stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	8	7	7	7	7	7
Sell	4	3	2	2	2	2
Strong Sell	1	1	1	1	1	1
Total	13	11	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brennan Hawken UBS	UBS	Hold Maintains $25 → $24	Hold	Maintains	$25 → $24	+2.17%	Jul 10, 2024
Bill Katz TD Cowen	TD Cowen	Hold Maintains $26 → $23	Hold	Maintains	$26 → $23	-2.09%	Jul 8, 2024
Brian Bedell Deutsche Bank	Deutsche Bank	Hold Maintains $29 → $24	Hold	Maintains	$29 → $24	+2.17%	Apr 30, 2024
Bill Katz TD Cowen	TD Cowen	Hold Maintains $29 → $26	Hold	Maintains	$29 → $26	+8.56%	Apr 30, 2024
David Motemaden Evercore ISI Group	Evercore ISI Group	Sell Maintains $29 → $26	Sell	Maintains	$29 → $26	+10.69%	Apr 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

6.63B

from 7.85B

-15.55%

from 7.85B

Revenue Next Year

7.09B

from 6.63B

6.95%

from 6.63B

EPS This Year

2.47

from 1.72

43.79%

from 1.72

EPS Next Year

2.82

from 2.47

14.10%

from 2.47

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	5.67B	5.57B	8.43B	8.28B	7.85B	6.63B	7.09B	7.49B	8.22B	8.08B
Revenue Growth	-8.62%	-1.82%	51.36%	-1.78%	-5.15%	-15.55%	6.95%	5.63%	9.73%	-1.69%
EPS	2.35	1.59	3.57	2.53	1.72	2.47	2.82	3.16	2.59	2.85
EPS Growth	69.06%	-32.34%	124.53%	-29.13%	-32.02%	43.79%	14.10%	11.84%	-17.92%	9.86%
Forward PE	-	-	-	-	-	9.50	8.32	7.44	9.07	8.25
No. Analysts	-	-	-	-	-	14	14	8	2	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	6.9B	7.5B	7.9B	8.5B	8.4B
Avg	6.6B	7.1B	7.5B	8.2B	8.1B
Low	6.4B	6.7B	7.2B	8.0B	7.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-11.8%	13.3%	12.1%	14.1%	2.2%
Avg	-15.5%	7.0%	5.6%	9.7%	-1.7%
Low	-18.5%	1.3%	1.4%	6.5%	-4.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.69	3.22	3.49	2.69	2.96
Avg	2.47	2.82	3.16	2.59	2.85
Low	2.31	2.52	2.87	2.51	2.76

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	56.3%	30.3%	23.5%	-14.7%	14.2%
Avg	43.8%	14.1%	11.8%	-17.9%	9.9%
Low	34.5%	1.8%	1.7%	-20.4%	6.6%

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.