T. Rowe Price Group, Inc. (TROW)
NASDAQ: TROW · IEX Real-Time Price · USD
108.83
-2.23 (-2.01%)
At close: Apr 25, 2024, 4:00 PM
109.45
+0.62 (0.57%)
After-hours: Apr 25, 2024, 7:58 PM EDT
T. Rowe Price Group Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for T. Rowe Price Group stock have an average target of 107.23, with a low estimate of 86 and a high estimate of 125. The average target predicts a decrease of -1.47% from the current stock price of 108.83.
Analyst Consensus: Sell
* Price targets were last updated on Oct 30, 2024.
Analyst Ratings
The average analyst rating for TROW stock from 13 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 6 | 6 | 6 | 8 |
| Sell | 4 | 4 | 6 | 4 | 4 | 2 |
| Strong Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Total | 14 | 14 | 15 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $86 | Sell | Maintains | $86 | -20.98% | Oct 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $114 → $125 | Hold | Maintains | $114 → $125 | +14.86% | Apr 17, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $94 → $103 | Sell | Maintains | $94 → $103 | -5.36% | Apr 16, 2024 |
| UBS | UBS | Strong Sell Maintains $100 → $109 | Strong Sell | Maintains | $100 → $109 | +0.16% | Apr 12, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Sell → Hold Upgrades $106 → $120 | Sell → Hold | Upgrades | $106 → $120 | +10.26% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
6.97B
from 6.46B
Increased by 7.82%
Revenue Next Year
7.20B
from 6.97B
Increased by 3.42%
EPS This Year
8.25
from 7.76
Increased by 6.31%
EPS Next Year
8.36
from 8.25
Increased by 1.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.5B | 7.7B | 8.0B | 6.0B | 6.4B |
| Avg | 7.0B | 7.2B | 7.6B | 5.8B | 6.2B |
| Low | 6.5B | 6.8B | 7.2B | 5.6B | 6.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.1% | 10.5% | 11.0% | -21.4% | 9.5% |
| Avg | 7.8% | 3.4% | 6.1% | -23.6% | 6.4% |
| Low | 0.0% | -3.1% | 0.1% | -26.6% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.42 | 9.23 | 9.85 | 7.84 | 8.36 |
| Avg | 8.25 | 8.36 | 8.68 | 7.62 | 8.12 |
| Low | 7.21 | 7.56 | 7.20 | 7.32 | 7.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.4% | 11.9% | 17.8% | -9.7% | 9.7% |
| Avg | 6.3% | 1.4% | 3.8% | -12.2% | 6.6% |
| Low | -7.1% | -8.4% | -13.9% | -15.7% | 2.4% |
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.