Royal Bank of Canada (RY)
NYSE: RY · Real-Time Price · USD
126.27
+1.27 (1.02%)
May 30, 2025, 1:30 PM - Market open
Royal Bank of Canada Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Royal Bank of Canada stock ranges from a low of $120 to a high of $193. The average analyst price target of $156.5 forecasts a 23.94% increase in the stock price over the next year.
Price Target: $156.50 (+23.94%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 5, 2024.
Analyst Ratings
The average analyst rating for Royal Bank of Canada stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $195 → $193 | Buy | Maintains | $195 → $193 | +52.85% | Dec 5, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $151 → $165 | Buy | Maintains | $151 → $165 | +30.67% | Aug 29, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $115 → $120 | Strong Buy | Maintains | $115 → $120 | -4.97% | Jun 6, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $140 → $150 | Hold → Buy | Upgrades | $140 → $150 | +18.79% | Apr 5, 2024 |
| Credit Suisse | Credit Suisse | Buy Maintains $138 → $139 | Buy | Maintains | $138 → $139 | +10.08% | Aug 25, 2023 |
Financial Forecast
Revenue This Year
66.04B
from 54.11B
Increased by 22.04%
Revenue Next Year
68.22B
from 66.04B
Increased by 3.31%
EPS This Year
13.85
from 11.25
Increased by 23.08%
EPS Next Year
14.84
from 13.85
Increased by 7.17%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 69.1B | 71.9B | 75.3B |
| Avg | 66.0B | 68.2B | 70.3B |
| Low | 58.2B | 60.5B | 63.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 27.7% | 8.8% | 10.4% |
| Avg | 22.0% | 3.3% | 3.1% |
| Low | 7.6% | -8.4% | -7.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.70 | 15.89 | 16.79 |
| Avg | 13.85 | 14.84 | 16.05 |
| Low | 12.46 | 13.72 | 14.75 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 30.7% | 14.7% | 13.1% |
| Avg | 23.1% | 7.2% | 8.1% |
| Low | 10.7% | -0.9% | -0.6% |
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.