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 $308.75. The average 1-year stock price forecast is 35.76% higher than the current stock price, while the lowest is $222 (-2.38%) and the highest is $380 (+67.09%).

Price Target: $308.75 (+35.76%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$222	$308.75	$312.5	$380
Change	-2.38%	+35.76%	+37.41%	+67.09%

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	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	6	6	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	12	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Harrison Reynolds RBC Capital	RBC Capital	Buy Maintains $325	Buy	Maintains	$325	+42.91%	Oct 23, 2026
Cosmos Chiu CIBC	CIBC	Hold Maintains $330 → $305	Hold	Maintains	$330 → $305	+34.11%	Oct 16, 2026
Derick Ma TD Cowen	TD Cowen	Buy Maintains $289 → $315	Buy	Maintains	$289 → $315	+38.51%	Sep 10, 2026
Lawson Winder Bank of America Securities	Bank of America Securities	Sell Maintains $218	Sell	Maintains	$218	-4.14%	Aug 24, 2026
Daniel Major UBS	UBS	Buy Reiterates $280 → $285	Buy	Reiterates	$280 → $285	+25.32%	Aug 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.83B

from 1.02B

79.54%

from 1.02B

Revenue Next Year

2.19B

from 1.83B

19.16%

from 1.83B

EPS This Year

10.33

from 7.33

40.93%

from 7.33

EPS Next Year

12.60

from 10.33

22.00%

from 10.33

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	1.83B
Revenue Growth	5.92%	-7.59%	0.38%	19.11%	43.36%	79.54%
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%	86.55%
Operating Income	328.39M	283.71M	303.20M	429.90M	664.68M	1.15B
Net Income	274.04M	238.98M	239.44M	332.02M	466.28M	952.82M
EPS	-	-	-	-	7.33	10.33
EPS Growth	-	-	-	-	39.35%	40.93%
Forward PE	35.21	32.35	30.08	21.51	22.11	22.02
Dividend / Share	-	1.45	1.55	1.70	1.85	1.93
Dividend Growth	-	-	6.90%	9.68%	8.82%	4.05%
Free Cash Flow	-	-	-	-	-880.58M	1.17B
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	1.9B
Avg	1.8B
Low	1.7B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	87.2%
Avg	79.5%
Low	69.2%

EPS Forecast

Chart

EPS	2026	2027	2028
High	11.22
Avg	10.33
Low	8.89

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	53.1%
Avg	40.9%
Low	21.3%