Franklin Resources, Inc. (BEN)
NYSE: BEN · IEX Real-Time Price · USD
24.99
-0.10 (-0.40%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Franklin Resources Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Franklin Resources stock have an average target of 28.03, with a low estimate of 23.5 and a high estimate of 32. The average target predicts an increase of 12.16% from the current stock price of 24.99.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BEN stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 8 | 8 | 7 | 7 |
| Sell | 5 | 5 | 4 | 4 | 3 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 13 | 13 | 11 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $24 → $25 | Sell | Maintains | $24 → $25 | +0.04% | Apr 17, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $26 → $27 | Strong Sell | Maintains | $26 → $27 | +7.04% | Mar 12, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $30 → $28 | Hold | Maintains | $30 → $28 | +12.04% | Jan 30, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $27 → $30 | Hold | Maintains | $27 → $30 | +20.05% | Jan 30, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $22 → $24 | Sell | Maintains | $22 → $24 | -3.96% | Jan 19, 2024 |
Financial Forecast
Revenue This Year
6.69B
from 7.85B
Decreased by -14.80%
Revenue Next Year
7.20B
from 6.69B
Increased by 7.60%
EPS This Year
2.57
from 1.72
Increased by 49.31%
EPS Next Year
2.93
from 2.57
Increased by 14.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.0B | 7.6B | 8.2B | 7.4B |
| Avg | 6.7B | 7.2B | 7.8B | 7.1B |
| Low | 6.4B | 6.8B | 7.5B | 6.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -10.8% | 13.7% | 14.1% | -5.5% |
| Avg | -14.8% | 7.6% | 8.3% | -9.1% |
| Low | -18.5% | 2.1% | 4.1% | -11.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.73 | 3.30 | 3.74 | 3.19 |
| Avg | 2.57 | 2.93 | 3.25 | 3.07 |
| Low | 2.43 | 2.72 | 2.56 | 2.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 58.7% | 28.4% | 27.4% | -1.9% |
| Avg | 49.3% | 14.2% | 10.8% | -5.6% |
| Low | 41.3% | 6.1% | -12.8% | -8.4% |
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.