T. Rowe Price Group, Inc. (TROW)
NASDAQ: TROW · Real-Time Price · USD
112.49
+0.43 (0.38%)
Nov 4, 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 114.17, with a low estimate of 102 and a high estimate of 129. The average target predicts an increase of 1.49% from the current stock price of 112.49.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 7 | 8 | 7 | 7 |
| Sell | 2 | 2 | 3 | 3 | 3 | 3 |
| Strong Sell | 3 | 2 | 1 | 1 | 2 | 2 |
| Total | 12 | 11 | 11 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold Maintains $113 → $115 | Hold | Maintains | $113 → $115 | +2.23% | Nov 4, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $120 → $116 | Hold | Maintains | $120 → $116 | +3.12% | Nov 4, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $116 → $115 | Sell | Maintains | $116 → $115 | +2.23% | Nov 4, 2024 |
| Barclays | Barclays | Sell Maintains $101 → $110 | Sell | Maintains | $101 → $110 | -2.21% | Nov 4, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $127 → $129 | Hold | Maintains | $127 → $129 | +14.68% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
7.36B
from 6.46B
Increased by 13.88%
Revenue Next Year
7.73B
from 7.36B
Increased by 5.08%
EPS This Year
9.37
from 7.76
Increased by 20.70%
EPS Next Year
9.50
from 9.37
Increased by 1.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.7B | 8.2B | 8.6B | ||
| Avg | 7.4B | 7.7B | 8.0B | ||
| Low | 6.9B | 7.1B | 7.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.6% | 10.8% | 10.6% | ||
| Avg | 13.9% | 5.1% | 3.9% | ||
| Low | 6.9% | -3.3% | -4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.82 | 10.40 | 11.22 | ||
| Avg | 9.37 | 9.50 | 10.01 | ||
| Low | 8.58 | 8.48 | 9.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.5% | 11.0% | 18.2% | ||
| Avg | 20.7% | 1.4% | 5.4% | ||
| Low | 10.6% | -9.5% | -5.1% |
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.