T. Rowe Price Group, Inc. (TROW)
NASDAQ: TROW · Real-Time Price · USD
117.52
-0.43 (-0.36%)
Nov 20, 2024, 4:00 PM EST - Market open

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 114.92, with a low estimate of 102 and a high estimate of 129. The average target predicts a decrease of -2.21% from the current stock price of 117.52.

Analyst Consensus: Sell
Target Low Average Median High
Price $102 $114.92 $115 $129
Change -13.21% -2.21% -2.14% +9.77%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000000
Hold 777877
Sell 223333
Strong Sell 321122
Total 121111121212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Deutsche Bank
Deutsche Bank
Hold
Maintains
$115$120
Hold Maintains $115$120 +2.11% Nov 11, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$112$113
Hold Maintains $112$113 -3.85% Nov 7, 2024
Deutsche Bank
Deutsche Bank
Hold
Maintains
$113$115
Hold Maintains $113$115 -2.14% Nov 4, 2024
TD Cowen
TD Cowen
Hold
Maintains
$120$116
Hold Maintains $120$116 -1.29% Nov 4, 2024
JP Morgan
JP Morgan
Sell
Maintains
$116$115
Sell Maintains $116$115 -2.14% Nov 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.33B
from 6.46B
Increased by 13.38%
Revenue Next Year
7.72B
from 7.33B
Increased by 5.38%
EPS This Year
9.57
from 7.76
Increased by 23.37%
EPS Next Year
9.53
from 9.57
Decreased by -0.47%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
5.62B6.21B7.67B6.49B6.46B7.33B7.72B8.00B
Revenue Growth
4.57%10.48%23.61%-15.43%-0.43%13.38%5.38%3.65%
EPS
8.709.9813.126.707.769.579.539.96
EPS Growth
19.67%14.71%31.46%-48.93%15.82%23.37%-0.47%4.58%
Forward PE
-----12.2812.3311.79
No. Analysts -----171714
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
18.3%
10.5%
9.7%
Avg
13.4%
5.4%
3.7%
Low
7.1%
-1.8%
-2.6%

EPS Forecast

EPS 20242025202620272028
High 10.04 10.09 11.04
Avg 9.57 9.53 9.96
Low 8.94 8.55 9.16

EPS Growth

EPS Growth 20242025202620272028
High
29.3%
5.4%
15.9%
Avg
23.4%
-0.5%
4.6%
Low
15.2%
-10.7%
-3.8%
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.