Raymond James Financial, Inc. (RJF)

Raymond James Financial Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for RJF stock have an average target of 138.58, with a low estimate of 113 and a high estimate of 152. The average target predicts a decrease of -4.66% from the current stock price of 145.35.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$113	$138.58	$142	$152
Change	-22.26%	-4.66%	-2.30%	+4.58%

Analyst Ratings

The average analyst rating for RJF stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	2	3
Hold	10	10	10	10	10	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bill Katz TD Cowen	TD Cowen	Hold Maintains $128 → $150	Hold	Maintains	$128 → $150	+3.20%	Oct 30, 2024
Michael Cyprys Morgan Stanley	Morgan Stanley	Hold Maintains $132 → $145	Hold	Maintains	$132 → $145	-0.24%	Oct 29, 2024
Devin Ryan JMP Securities	JMP Securities	Buy Maintains $146 → $150	Buy	Maintains	$146 → $150	+3.20%	Oct 24, 2024
Mark McLaughlin B of A Securities	B of A Securities	Strong Buy Maintains $136 → $152	Strong Buy	Maintains	$136 → $152	+4.58%	Oct 24, 2024
Michael Brown Wells Fargo	Wells Fargo	Buy Maintains $140 → $152	Buy	Maintains	$140 → $152	+4.58%	Oct 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

14.17B

Increased by 10.88%

from 12.78B

Revenue Next Year

15.10B

Increased by 6.58%

from 14.17B

EPS This Year

10.55

Increased by 8.79%

from 9.70

EPS Next Year

11.32

Increased by 7.31%

from 10.55

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	7.76B	9.81B	10.83B	11.51B	12.78B	14.17B	15.10B	15.96B
Revenue Growth	0.83%	26.51%	10.33%	6.31%	11.00%	10.88%	6.58%	5.73%
EPS	3.88	6.63	6.98	7.97	9.70	10.55	11.32	12.05
EPS Growth	-18.83%	70.88%	5.28%	14.18%	21.71%	8.79%	7.31%	6.43%
Forward PE	-	-	-	-	-	13.77	12.84	12.06
No. Analysts	-	-	-	-	-	17	13	4

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	15.3B	16.4B	17.0B
Avg	14.2B	15.1B	16.0B
Low	13.1B	14.0B	14.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	19.6%	15.5%	12.5%
Avg	10.9%	6.6%	5.7%
Low	2.7%	-1.2%	-1.8%

EPS Forecast

EPS	2025	2026	2027	2028
High	12.03	12.58	13.52
Avg	10.55	11.32	12.05
Low	9.29	10.04	10.77

EPS Growth

EPS Growth	2025	2026	2027	2028
High	24.1%	19.2%	19.4%
Avg	8.8%	7.3%	6.4%
Low	-4.3%	-4.9%	-4.9%

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.