Royal Bank of Canada (RY)

Royal Bank of Canada Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Royal Bank of Canada stock has a target of 162, which predicts a -4.57% decrease from the current stock price of 169.75.

Price Target: $162 (-4.57%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$162	$162	$162	$162
Change	-4.57%	-4.57%	-4.57%	-4.57%

* Price targets were last updated on Aug 29, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for Royal Bank of Canada is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	0
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	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Biggar Argus Research	Argus Research	Strong Buy Maintains $140 → $162	Strong Buy	Maintains	$140 → $162	-4.57%	Aug 29, 2025
Sohrab Movahedi BMO Capital	BMO Capital	Buy Maintains $195 → $193	Buy	Maintains	$195 → $193	+13.70%	Dec 5, 2024
Sohrab Movahedi BMO Capital	BMO Capital	Buy Maintains $151 → $165	Buy	Maintains	$151 → $165	-2.80%	Aug 29, 2024
Stephen Biggar Argus Research	Argus Research	Strong Buy Maintains $115 → $120	Strong Buy	Maintains	$115 → $120	-29.31%	Jun 6, 2024
Sohrab Movahedi BMO Capital	BMO Capital	Hold → Buy Upgrades $140 → $150	Hold → Buy	Upgrades	$140 → $150	-11.63%	Apr 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

70.17B

Increased by 12.73%

from 62.24B

Revenue Next Year

72.99B

Increased by 4.01%

from 70.17B

EPS This Year

15.72

Increased by 11.70%

from 14.07

EPS Next Year

17.35

Increased by 10.41%

from 15.72

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	50.45B	48.50B	49.00B	54.11B	62.24B	70.17B	72.99B
Revenue Growth	17.78%	-3.86%	1.02%	10.44%	15.03%	12.73%	4.01%
EPS	11.06	11.06	10.32	11.25	14.07	15.72	17.35
EPS Growth	41.38%	-	-6.69%	9.01%	25.07%	11.70%	10.41%
Forward PE	-	-	-	-	-	14.84	13.44
No. Analysts	-	-	-	-	-	18	13

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	73.4B	77.8B
Avg	70.2B	73.0B
Low	62.7B	64.8B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	17.9%	10.9%
Avg	12.7%	4.0%
Low	0.8%	-7.7%

EPS Forecast

EPS	2026	2027
High	16.56	18.42
Avg	15.72	17.35
Low	14.60	15.69

EPS Growth

EPS Growth	2026	2027
High	17.7%	17.2%
Avg	11.7%	10.4%
Low	3.8%	-0.2%

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.