Royal Gold Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Royal Gold stock has a consensus rating of "Buy" and an average price target of $301.17. The average 1-year stock price forecast is 49.06% higher than the current stock price, while the lowest is $209 (+3.44%) and the highest is $350 (+73.23%).

Price Target: $301.17 (+49.06%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$209	$301.17	$307.5	$350
Change	+3.44%	+49.06%	+52.20%	+73.23%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	5	5	6	6	6	6
Buy	3	3	3	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	11	11	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lawson Winder Bank of America Securities	Bank of America Securities	Sell Maintains $209	Sell	Maintains	$209	+3.44%	Jul 27, 2026
Daniel Major UBS	UBS	Buy Maintains $280	Buy	Maintains	$280	+38.59%	Jul 22, 2026
Josh Wolfson RBC Capital	RBC Capital	Buy Maintains $305	Buy	Maintains	$305	+50.96%	Jul 22, 2026
Tanya Jakusconek Scotiabank	Scotiabank	Hold Maintains $331 → $310	Hold	Maintains	$331 → $310	+53.43%	Jul 14, 2026
Unknown Analyst Jefferies No rating	Jefferies	Buy Maintains $311	Buy	Maintains	$311	+53.93%	Jul 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.85B

from 1.02B

81.16%

from 1.02B

Revenue Next Year

2.05B

from 1.85B

11.00%

from 1.85B

EPS This Year

10.90

from 7.33

48.66%

from 7.33

EPS Next Year

13.07

from 10.90

19.97%

from 10.90

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	645.17M	596.19M	598.42M	712.77M	1.02B	1.85B
Revenue Growth	5.92%	-7.59%	0.38%	19.11%	43.36%	81.16%
Gross Profit	546.70M	501.54M	507.90M	615.26M	890.94M	1.59B
Gross Margin	84.74%	84.13%	84.87%	86.32%	87.19%	86.07%
Operating Income	328.39M	283.71M	303.20M	429.90M	664.68M	1.20B
Net Income	274.04M	238.98M	239.44M	332.02M	466.28M	946.92M
EPS	-	-	-	-	7.33	10.90
EPS Growth	-	-	-	-	39.35%	48.66%
Forward PE	35.21	32.35	30.08	21.51	22.11	18.54
Dividend / Share	-	1.45	1.55	1.70	1.85	1.92
Dividend Growth	-	-	6.90%	9.68%	8.82%	3.78%
Free Cash Flow	-	-552.10M	356.53M	313.74M	-606.52M	1.22B
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	2.1B
Avg	1.9B
Low	1.7B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	103.3%
Avg	81.2%
Low	68.5%

EPS Forecast

Chart

EPS	2026	2027	2028
High	13.42
Avg	10.90
Low	9.26

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	83.1%
Avg	48.7%
Low	26.3%