Royal Gold, Inc. (RGLD)

Royal Gold Stock Forecast

Stock Price Forecast

The 7 analysts that cover Royal Gold stock have a consensus rating of "Buy" and an average price target of $231.14, which forecasts a -10.79% decrease in the stock price over the next year. The lowest target is $170 and the highest is $335.

Price Target: $231.14 (-10.79%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$170	$231.14	$203	$335
Change	-34.39%	-10.79%	-21.65%	+29.29%

* Price targets were last updated on Jan 26, 2026.

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	1	2	2	1	1	1
Buy	3	3	3	2	2	2
Hold	2	2	2	3	3	3
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	7	8	8	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tanya Jakusconek Scotiabank	Scotiabank	Buy → Hold Downgrades $335	Buy → Hold	Downgrades	$335	+29.29%	Jan 26, 2026
Derick Ma TD Cowen	TD Cowen	Strong Buy Maintains $261 → $263	Strong Buy	Maintains	$261 → $263	+1.50%	Nov 18, 2025
Tanya Jakusconek Scotiabank	Scotiabank	Buy Maintains $194 → $246	Buy	Maintains	$194 → $246	-5.06%	Oct 23, 2025
Michael Jalonen B of A Securities	B of A Securities	Sell Maintains $193 → $203	Sell	Maintains	$193 → $203	-21.65%	Oct 16, 2025
Anita Soni CIBC	CIBC	Hold Maintains $225 → $250	Hold	Maintains	$225 → $250	-3.52%	Oct 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.99B

Increased by 94.64%

from 1.02B

Revenue Next Year

2.05B

Increased by 3.22%

from 1.99B

EPS This Year

13.50

Increased by 101.76%

from 6.69

EPS Next Year

12.27

Decreased by -9.10%

from 13.50

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	645.17M	596.19M	598.42M	712.77M	1.02B	1.99B	2.05B
Revenue Growth	5.92%	-7.59%	0.38%	19.11%	43.36%	94.64%	3.22%
EPS	4.16	3.63	3.63	5.04	6.69	13.50	12.27
EPS Growth	-9.56%	-12.74%	-	38.84%	32.74%	101.76%	-9.10%
Forward PE	-	-	-	-	-	19.20	21.12
No. Analysts	-	-	-	-	-	14	12

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

Revenue Forecast

Revenue	2026	2027	2028
High	2.2B	2.3B
Avg	2.0B	2.1B
Low	1.8B	1.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	113.9%	14.6%
Avg	94.6%	3.2%
Low	78.9%	-8.8%

EPS Forecast

EPS	2026	2027	2028
High	17.28	15.66
Avg	13.50	12.27
Low	10.73	5.35

EPS Growth

EPS Growth	2026	2027	2028
High	158.3%	16.0%
Avg	101.8%	-9.1%
Low	60.4%	-60.4%

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.