T. Rowe Price Group, Inc. (TROW)
NASDAQ: TROW · Real-Time Price · USD
116.12
+3.15 (2.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
T. Rowe Price Group Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for T. Rowe Price Group stock have an average target of 116.25, with a low estimate of 102 and a high estimate of 132. The average target predicts an increase of 0.11% from the current stock price of 116.12.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for TROW stock from 12 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 8 | 7 | 7 | 7 |
| Sell | 2 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 2 | 1 | 1 | 2 | 2 | 2 |
| Total | 11 | 11 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $129 → $132 | Hold | Maintains | $129 → $132 | +13.68% | Dec 20, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $114 → $116 | Hold | Maintains | $114 → $116 | -0.10% | Dec 20, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $112 → $124 | Hold | Maintains | $112 → $124 | +6.79% | Dec 12, 2024 |
| Barclays | Barclays | Sell Maintains $110 → $115 | Sell | Maintains | $110 → $115 | -0.96% | Dec 9, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $115 → $120 | Hold | Maintains | $115 → $120 | +3.34% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
7.31B
from 6.46B
Increased by 13.10%
Revenue Next Year
7.71B
from 7.31B
Increased by 5.46%
EPS This Year
9.60
from 7.76
Increased by 23.69%
EPS Next Year
9.56
from 9.60
Decreased by -0.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.6B | 8.1B | 8.5B | |||
| Avg | 7.3B | 7.7B | 8.0B | |||
| Low | 6.9B | 7.2B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 18.3% | 10.8% | 9.9% | |||
| Avg | 13.1% | 5.5% | 4.0% | |||
| Low | 7.1% | -1.5% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.04 | 10.15 | 11.04 | |||
| Avg | 9.60 | 9.56 | 9.96 | |||
| Low | 9.07 | 8.71 | 9.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 29.3% | 5.8% | 15.5% | |||
| Avg | 23.7% | -0.4% | 4.2% | |||
| Low | 16.9% | -9.2% | -4.2% |
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.