Royal Gold, Inc. (RGLD)

Royal Gold Stock Forecast

Stock Price Forecast

The 8 analysts that cover Royal Gold stock have a consensus rating of "Buy" and an average price target of $213.38, which forecasts a -6.26% decrease in the stock price over the next year. The lowest target is $170 and the highest is $263.

Price Target: $213.38 (-6.26%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$170	$213.38	$203	$263
Change	-25.32%	-6.26%	-10.82%	+15.53%

* Price targets were last updated on Nov 18, 2025.

Analyst Ratings

The average analyst rating for Royal Gold stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	1	1	1	2	2
Buy	4	4	4	3	3	3
Hold	2	2	2	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	8	8	8	7	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Derick Ma TD Cowen	TD Cowen	Strong Buy Maintains $261 → $263	Strong Buy	Maintains	$261 → $263	+15.53%	Nov 18, 2025
Tanya Jakusconek Scotiabank	Scotiabank	Buy Maintains $194 → $246	Buy	Maintains	$194 → $246	+8.07%	Oct 23, 2025
Michael Jalonen B of A Securities	B of A Securities	Sell Maintains $193 → $203	Sell	Maintains	$193 → $203	-10.82%	Oct 16, 2025
Anita Soni CIBC	CIBC	Hold Maintains $225 → $250	Hold	Maintains	$225 → $250	+9.82%	Oct 10, 2025
Matthew Murphy BMO Capital	BMO Capital	Hold Maintains $196 → $197	Hold	Maintains	$196 → $197	-13.46%	May 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

896.15M

Increased by 25.73%

from 712.77M

Revenue Next Year

1.48B

Increased by 64.70%

from 896.15M

EPS This Year

8.12

Increased by 61.05%

from 5.04

EPS Next Year

11.38

Increased by 40.19%

from 8.12

Fiscal Year	FY 2021	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	609.11M	645.17M	596.19M	598.42M	712.77M	896.15M	1.48B
Revenue Growth	23.05%	5.92%	-7.59%	0.38%	19.11%	25.73%	64.70%
EPS	4.60	4.16	3.63	3.63	5.04	8.12	11.38
EPS Growth	51.82%	-9.56%	-12.74%	-	38.84%	61.05%	40.19%
Forward PE	-	-	-	-	-	28.04	20.00
No. Analysts	-	-	-	-	-	13	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	1.1B	2.0B
Avg	896.2M	1.5B
Low	304.8M	302.8M

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	56.2%	123.0%
Avg	25.7%	64.7%
Low	-57.2%	-66.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	9.23	16.12
Avg	8.12	11.38
Low	7.28	8.32

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	83.1%	98.6%
Avg	61.1%	40.2%
Low	44.5%	2.5%

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.